Thought so too but wanted some reality check. A&M/Alix typically pay 85k base for 1st years anyways, which I think they recently bumped up to 90k after banks did the same. If some IBs are going to start paying 1st year analysts 100k+ just as base, I feel like they will want to remain competitive as well despite the slow market. Any thoughts?

 

Seems unlikely. Strategy consulting pay has never necessarily been competitive with IB and has always offered a different value proposition altogether, so I don't see why MBB would feel the need to match them right now. I also imagine that this recent push in junior pay partially stems from the recent public scrutiny that the entire investment banking industry has received regarding its treatment of junior folks, which consulting firms have not experienced nor need to respond to.

 

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