Consulting is a major draw among MBA graduates next just to Finance and with the organizations encountering a 12%-18% expansion in income in 2015, pay rates are on the ascent.

Pay rates in Consulting are rising. With a base pay pegged at $140,000, beginning packages are regularly in the $170,000-$210,000 territory.

MBA’s with 2-3 years experience are acquiring $250,000-$350,000. It could ascend to $350,000-$500,000 in 4-5 years as they move into the positions of partner principals and senior venture pioneers.

Junior accomplices and principals attract $500,000 to $1 million, while senior accomplices and chiefs go anyplace from $1 million to $10 million with 10-15 years of experience.

Consulting industry development has profited even freshers netting somewhere in the range of $80,000 to $100,000 a year subsequent to acquiring their four year college education. Specialists who move to the corporate world frequently produce a 10%-20% raise for themselves.

Boston Consulting Group (BCG) Undergraduate Salary
• Base: $84,000 (Canada: C$78,000) (Aus: A$67,000) (Germany: €68,500)
• Performance Bonus: up to $16,800
• Total Cash (sum of above): $100,800
• Retirement: Profit sharing deposited into 401k account
• Profit Sharing: up to $4,400
• Signing Bonus: $5,000 (Canada: C$8,000) (Aus: A$15,000)
• Relocation: $2-8,000 (Germany: €3-10,000)