Just wondering... Anyone have any estimated all-in starting salaries of management consultants working at BCG (post-MBA)? What' about after 2-3 years all-in?
And a superday is the interview day post preliminaries (campus meet, phone interview etc...) Named superday since most consist of multiple interviews with several people and/or testing.
Big three consulting firms pay around 130k immediately post MBA. Figure another 20-40k in performance bonus for a first-year. No idea what the signing bonus would be, I'd be conservative and guess 10k.
A superday is a day where you get invited to interview with multiple bankers in succession, after you already went through a first round.
The graveyards are full of indispendable men
-de Gaulle
Does the mckinsey offer include the 12% of base retirement contribution?
Nope, good catch, I forgot about the retirement contributions.
manbearpig:
which one are you taking?
I was a summer at McK and got the offer to go back, which is why I know what the comp looks like. I got the offer for BCG for full-time and took it without looking back =) More to do with my cultural fit than compensation, I don't think there's an appreciable difference between the two.
Does the mckinsey offer include the 12% of base retirement contribution?
Nope, good catch, I forgot about the retirement contributions.
manbearpig:
which one are you taking?
I was a summer at McK and got the offer to go back, which is why I know what the comp looks like. I got the offer for BCG for full-time and took it without looking back =) More to do with my cultural fit than compensation, I don't think there's an appreciable difference between the two.
Cool, congrats! Is consulting a means to an end for you, or are you aiming for partnership?
I was a summer at McK and got the offer to go back, which is why I know what the comp looks like. I got the offer for BCG for full-time and took it without looking back =) More to do with my cultural fit than compensation, I don't think there's an appreciable difference between the two.
Do you care to elaborate on the difference in culture between the two firms and why BCG was a better fit for you? Thanks.
"Sincerity is an overrated virtue" - Milton Friedman
Any idea of how much a Deloitte Senior Consultant gets paid?
130K base, 40k signing (more if you sign early), 2-10k relocation, 2nd years tuition bonus spread over your first two years if you had a summer internship with them. Not sure on EOY bonuses though.
I don't have next year's compensation yet, but I can confirm that BCG is 5% of base+bonus into the profit sharing retirement plan for up to 9.1k. postMBA
red may be able to make a better comparison, but BCG's benefits shouldn't be overlooked. 100% of premium for the entire family isn't bad.
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//www.wallstreetoasis.com/company/boston-consulting-group/compensation
And a superday is the interview day post preliminaries (campus meet, phone interview etc...) Named superday since most consist of multiple interviews with several people and/or testing.
Big three consulting firms pay around 130k immediately post MBA. Figure another 20-40k in performance bonus for a first-year. No idea what the signing bonus would be, I'd be conservative and guess 10k.
A superday is a day where you get invited to interview with multiple bankers in succession, after you already went through a first round.
Ahh now I'm catching up. Thanks for the posts.
This year I believe all MBBs at my school were approximately 140K salary, 20K signing
Yeah, I can confirm the following of the US offices I got offers from:
McKinsey is $135k base, $20k signing, $8k transitional, $40k max bonus BCG is $140k base, $20k signing, $6k transitional and $42k max bonus.
Does the mckinsey offer include the 12% of base retirement contribution?
Nope, good catch, I forgot about the retirement contributions.
I was a summer at McK and got the offer to go back, which is why I know what the comp looks like. I got the offer for BCG for full-time and took it without looking back =) More to do with my cultural fit than compensation, I don't think there's an appreciable difference between the two.
Cool, congrats! Is consulting a means to an end for you, or are you aiming for partnership?
So in addition to what you listed for McK there is a $16,200 retirement contribution?
Any idea of how much a Deloitte Senior Consultant gets paid?
130K base, 40k signing (more if you sign early), 2-10k relocation, 2nd years tuition bonus spread over your first two years if you had a summer internship with them. Not sure on EOY bonuses though.
glassdoor.com
Deloitte US firm pays new MBA SC's nearly identically to MBB, +/- a bit depending on which firm you're comparing with.
What is percentage contribution by BCG to the retirement fund, if you care to share?
http://managementconsulted.com/consulting-jobs/2011-management-consulti…
[quote=pfitzy]http://managementconsulted.com/consulting-jobs/2011-management-consulti…] yeah, but it says15% at the pre-mba level and 5% at the post-mba level. Was wondering if the disconnect has been substantiated... Redninja, would you mind clarifying? Thanks!
Any insights on European MBB salaries ?
THREAD JACK:
RedNinja how is it? Is it everything you hoped for an more?
.
I don't have next year's compensation yet, but I can confirm that BCG is 5% of base+bonus into the profit sharing retirement plan for up to 9.1k. postMBA
red may be able to make a better comparison, but BCG's benefits shouldn't be overlooked. 100% of premium for the entire family isn't bad.
Voluptatem ut qui libero recusandae. Hic vero eligendi ut dolores. Ut nihil debitis labore laboriosam culpa ut.
Eius consequatur ea voluptatum perferendis quia expedita. At dicta dignissimos consequatur culpa.
Omnis at quisquam sed voluptatem illum. Sapiente ut corporis velit omnis harum aut. Odit et debitis perspiciatis voluptas cum temporibus. Aut officia repellat quo nemo maxime veritatis dolorum. Tempora sunt earum voluptatem eaque doloremque nihil architecto dolorem.
Ipsum est et porro ipsa veritatis nihil. Ea asperiores dolorum exercitationem autem non omnis. Quam at tenetur quo aut. Esse dolorem aliquid et repellendus et.
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Error vel accusamus explicabo id eaque. Consectetur alias quasi cupiditate magnam in quasi qui. Molestias atque et in doloribus voluptatem voluptatem nulla harum. Et nemo omnis a veniam occaecati libero enim.
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