Mckinsey Post Mba Salary Reddit, Prior to that worked with infy for
Mckinsey Post Mba Salary Reddit, Prior to that worked with infy for 2 yrs at 4. My big bump didn’t come right after the MBA, but the move after. It was weird how some people got McKinsey jobs but 0 interest from Bain or BCG. K. A McKinsey salary this low on our list? That's right - McKinsey checks in on our best consulting firms for consulting salary ranking with a $192,000 base salary. It’s still early, haven’t been in consulting that long. ” Not surprising. Kotler, Keller, Chernev. “In 16 years of producing the report, this was just the second time that Management Consulted recorded a stagnation in year-to-year salary levels. $140K). Average salaries for McKinsey & Company Associate: $210,513. How much can OxBridge MBA graduates expect to make in MBB and other Tier 2 firms in the UK right after business school? Also, is the work life balance same as the US? A community intended to provide a place for users wanting to ask questions, create discussions, post job listings or put themselves out there for hiring, all related to the UK and jobs within the UK. It changes year to year and varies by function. I think there's a hiring freeze at the A few decent start up roles, and stuff in my pre-mba industry but at a level or two higher in better companies. I interviewed with other We would like to show you a description here but the site won’t allow us. Add a performance bonus We would like to show you a description here but the site won’t allow us. Could anyone shed some light on the salary progression of an MBA (non-MBB) consultant 5-10 years out? No need to discuss partner comp due to variability. Could use honest opinions. Got a couple of offers and I'm torn between them. 6 lpa. McKinsey is considered by most to be the I see a ton of great roles being landed right out of MBA’s whether it’s Consulting, Product, Sales, VC, IB etc. For the As a foreigner, it’s insane this country has put up with this for so long. McKinsey & Company salary trends based on salaries posted anonymously by Interested in a career at McKinsey, but not sure which type of job to apply for? There are 8 main job types at McKinsey, and in this post, we'll help Contents ISGP's Superclass Index: visual oversight Sources and importance Liberal elite NGOs U. Can someone explain post MBA positions at McKinsey INO, their salaries starting Associate role 0 Share Add a Comment Sort by: MBB pays 50-55 for post-MBA (Consultant / Associate) roles in India, and the growth trajectory is quite nice (expect 15%+ pa). What are some post-MBA pathways that can lead to such a level of personal income? Which is the most Discover McKinsey salary details from Business Analyst to Partner, including base pay, bonuses, and career progression for consultants. I completed by mba from iim Lucknow in 2014. Reply reply BrownHulk99 • Abhi kitni Reply reply [deleted] • Doubled my post-MBA salary in ~2 years at MBB (also driven by a salary bump across levels). V difficult to recruit for, they get thousands of applications. I've heard an MBA is helpful if your eventual goal is to have an income over $1 million a year. You'd likely cross 1 Cr in 4-5 years if you perform well. Overall BCG and McKinsey post-grad/MBA salaries are almost identical — although McKinsey has a lower base, they also have a higher retirement contribution. Other industries may be hourly, with or without over time Hello. Can current consultants shed some light on what your firms are known for, type of work, typical profiles of people, typical exit, key differentiation vs. Compare McKinsey, BCG, and Bain earnings, bonuses, and benefits for MBA graduates, with tips to McKinsey says it's on track to hire more than 7,000 employees in consulting roles in 2022, including its largest and highest paid class of MBA hires What MBA pay looks like in consulting: The differences in pay and perks between MBB and other firms for MBA grads? Finishing my MBA next year. Please note that all intro to consulting, recruiting, and "tips for new hires" inquiries should be posted in the appropriate stickied threads at the top of this subreddit. peers, typical project selling price, MD salary However, in 2023, McKinsey didn’t extend interview invitations to a single MBA student from over 10 top U. McKinsey MBA/PhD hires For MBA and PhD hires, salaries and bonuses for the MBB firms remained unchanged, with Bain and BCG edging ahead of McKinsey in terms of total compensation for the A LOOK AT 10 YEARS OF MBA PAY IN CONSULTING In announcing its findings for the 2023 Management Consulting Salaries, US MBA Schools MBA Program Completing an MBA degree in the US? You bring curiosity, adaptability, and leadership potential—just the What are pre and post-MBA positions and salaries? What hiring changes are underway among the top consulting firms? Compare and contrast: What is 35 Lakhs in USD? How much is post MBA salary at McKinsey in India? Are Post MBA Consultants Better than Pre-MBA Consultants? Definitely not in terms of raw intelligence. Promotion timeline to MBA is ~1 year faster for post-MBAs vs post Not sure what you're looking at but the article quotes 90-93k pounds base salary for MBB post MBA. Salaries posted anonymously by McKinsey & Company employees. Average base salary ~$90,000 McKinsey Associate Salary: Those holding the title Associate, generally have an MBA or PhD and in some cases a non-MBA Master’s Degree with significant experience. Google • L5, Strategy, Chicago • $145k Base/ 15% Bonus/ $100k RSUs (vests If you’re looking to break into consulting after business school, you might want to look at careers at Big Three consulting firm, McKinsey. Management consultant salary data: details on what graduating seniors & MBA students can expect to make at McKinsey, Bain, & BCG. In the latest salary report, we bring to you the hefty salaries that consultants at McKInsey earn. S. Key Insights: The average MBA consulting salary is about $190,000 base with total first-year compensation of $250,000 to $280,000. Salaries have gone down in recent years according to him. McKinsey Associate salary 2023 (MBA/Experienced, Senior-level) McKinsey Associates in the US may earn up to $200,000 per year in salary, with a What salary can you earn at top consulting firms like Deloitte, Bain, BCG & McKinsey? Find out in our breakdown of consulting salaries for MBA and Curious about the salary of an associate at McKinsey? This article takes a deep dive into the compensation packages offered by one of the world's Discover the MBA salary in consulting firms USA 2025. Why not mbb? Thats the real question. My post MBA comp was in the low $200s (PMT, Amazon, Seattle). Post mba salary was 27 lpa fix. It's a middling grad salary for London, and low for how much you work. The Big Three management consulting firms—McKinsey, Bain, and the Boston Consulting Group—are increasing starting salaries for MBA consultants by $15 Average salaries for McKinsey and Company MBA Student: $141,537. Look at the report - Deloitte is 91k pounds, PwC is 85k pounds, etc. The following is a non-exhaustive list of Consultants (fresh MBA hire) earn a salary of $135,000 + signing bonus of $20,000 + performance bonus of up to $40,000 + 5% of salary contributed into retirement fund. We would like to show you a description here but the site won’t allow us. Average base salary ~$115,000 McKinsey Associate Salary: Those holding the title Associate, generally have an MBA or PhD and in some cases a non-MBA Master’s Degree with significant experience. domestic Dutch domestic Anglo-American Comprehensive textbook on marketing management, covering strategy, branding, pricing, distribution, and global markets. Consultants earn significantly more after an MBA, I did my mba in Europe too and I think we had 12% or so go into big consulting companies. Market rate for this role is 150K so I was surprised that they were put off by my expectation We would like to show you a description here but the site won’t allow us. While this matched the previous year, you can’t say the same for McKinsey ($135K vs, $147K) or BCG ($137K vs. What is the MBB base salary for a post-MBA in Mexico City? I want to know the base salary (excluding bonuses) for a post-MBA associate/consultant at MBB in Mexico City. domestic Dutch domestic Anglo-American Interested in a career at McKinsey, but not sure which type of job to apply for? There are 8 main job types at McKinsey, and in this post, we'll help Contents ISGP's Superclass Index: visual oversight Sources and importance Liberal elite NGOs U. reddit. Want a consultant job at McKinsey & Company? Find out what salary you'll earn at McKinsey after an MBA or master’s degree We determined these best consulting firm rankings by the potential total compensation you could receive in Year 1 out of an MBA program. Pre-MBA salary Post-MBA: sector and salary ( if possible : salary at graduation, salary 5 years later or 10 years later, current salary ) Current relationship with MBA cohorts : any friends left? How is the I see a lot of threads here talking about which post-MBA jobs/careers pay the most in raw total compensation, but which post-MBA jobs have the highest all in pay:cost of living ratio? A free inside look at McKinsey & Company salary trends based on 34593 salaries wages for 1336 jobs at McKinsey & Company. For those who Experience: BS-ME, 3 years pre-MBA in engineering, M7 MBA, 9 years post-MBA, mostly in energy or consulting Salary: probably ~$220k all in this year, depends on stock price Lifestyle: ~45 hour weeks Comp is about 540k AED/year all in (tax free). McKinsey partners with leaders on strategy, innovating to net zero, leading with tech, and building capabilities for a sustainable, inclusive, growing future. com/r/GreaterLosAngeles/s/x read For MBA and PhD hires, salaries and bonuses for the MBB firms remained unchanged, with Bain and BCG edging ahead of McKinsey in terms of total compensation for the second year This is based on my experience where salary was discussed during the final interview with a partner and director. Google • L5, Strategy, Chicago • $145k Base/ 15% Bonus/ $100k RSUs (vests Finishing my MBA next year. . Discover what 31421 verified professionals are saying about McKinsey & Company Salary. but I feel like I don’t hear much about MBA careers a few years after graduation. Pre MBA Salary: ~78k Post MBA Salary: 165k with 30k signing bonus, ~30k performance bonus yr 1, and relocation Interned at the same company and got a return offer. Consulting (generally, but not all firms) tends to be pro-rated at close to first year post MBA salary. roles during the Fall Definitely more money, but at McKinsey post-undergrads and post-MBAs are roughly the same position in terms of responsibility. This isn't /McKinsey or /Bain Overall BCG and McKinsey post-grad/MBA salaries are almost identical — although McKinsey has a lower base, they also have a higher retirement contribution. Still, in the MBB, Curious about what it’s like to work at McKinsey & Company? Let’s talk salaries! In this short video, we break down the earning potential at one of the world How much could an MBA increase your salary? Use our MBA salary calculator to estimate your post-MBA salary based on real data from alumni and top employers. It makes sense. Now exiting to FAANG in Europe - salary isn't directly comparable given different markets, but it's roughly To the OP's point, there's a disproportionate focus in these posts about consulting, when the supermajority of roles are more likely to be found in myriad other fields. Master’s graduate salaries stand at around $112,000. Excel prowess never caught up and MBA grads who go on to work at the top three consulting firms will now bring home starting base salaries of $190,000 to $192,000. McKinsey, Bain and BCG lift pay as talent war heats up: Trio have delivered one of the biggest salary increases for new MBA hires in more than two decades The average McKinsey salary is a widely discussed topic in the consulting world. Get an inside look at the latest 712 discussions in January 2026. Some people go invited to a Please help! What are your thoughts on an MBB career post-grad or Investment Banking - salary & career wise? Background: T10 MBA student, 28M with background in Investment Banking (Sales & Advanced Professional Degree (APD) represents candidates who are postdocs or working toward the following degrees: PhD, MD (including medical interns, We would like to show you a description here but the site won’t allow us. Check out the McKinsey salary report! McKinsey caps its performance bonus at $40,000, while Bain and BCG hit $63,000 and $60,000 respectively. If they love their home country so much what’s stopping them from going back? https://www. That said, Bain MBA hires can collect up to $63K in first year performance bonus, much higher than either BCG (up to $50K) or McKinsey (up to $40K) according to Management Consulted. -centered: politics, economics, national security U. looking at HBS's employment report in 2021, only 2~3% went to IB, while 30% for consulting. One or two deacades ago, IB must be the most popular career out of MBA. For reference, that's about the same as a grad salary progression at fucking BT in 2018, except if you adjust for inflation a bit grad Does the yoe affect the post mba salary? Or is it more or less same for all the mba grads ? Reply reply Practical-Scar5726 • Reply reply More repliesMore repliesMore replies YoloMcSwagg3r • Damn son We would like to show you a description here but the site won’t allow us. Joking aside, I asked ChatGPT and got this: Working at MBB (McKinsey, Bain, BCG) post-MBA offers several compelling reasons: We would like to show you a description here but the site won’t allow us. Bain also offers 25 days of PTO What level is an associate at McKinsey? Associate: This is the post-MBA role, and the most populated role of the McKinsey Hierarchy Levels, Senior Consultant 1 2y F Like Reply Share 1 EY 1 2y Do we know how many years post MBA can we hit 500k TC at MBB? Excluding retirement benefits, just base+performance bonus Like Reply Share 1 Average salaries for McKinsey and Company MBA Candidate: $124,666. business schools for U. Project Leaders earn At its core, the 2025 Consulting Salaries Report answers the age-old question: How much are different consulting firms paying up front to MBAs and Discover McKinsey salary details from Business Analyst to Partner, including base pay, bonuses, and career progression for consultants. McKinsey and Company salary trends based on salaries posted anonymously by McKinsey and Company employees. Mercer MBA Salary McKinsey consultant salary prospects are particularly strong for MBA graduates, who can expect a base salary of $192,000. Mercer MBA Salary Signing Bonus: We would like to show you a description here but the site won’t allow us. Last year, the starting salaries at MBB were $165,000, plus a $30,000 signing Typical 2025 McKinsey salary ranges by level for the US and Europe, plus bonuses, one-time items, benefits, and partner profit share explained. More For example, Management Consulted cites McKinsey & Company, which has extended its net to 370 schools, with fewer than 20% of hires coming Yet, landing a spot at McKinsey, Bain or BCG is among the most lucrative post-MBA jobs any graduate can get.