#1
March 25th, 2017, 08:37 AM
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BCG Starting Salary MBA
Hi I am interested in having the information about the salaries which are generally offered in the consulting firms for MBA graduates as well as the salaries offered by BCG?
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#2
March 25th, 2017, 10:07 AM
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Re: BCG Starting Salary MBA
Indeed, even straight out of school, gaining a MBA means a sound increase in pay for graduates, particularly in lucrative businesses like counseling. Furthermore, with expanding interest for administration specialists, first class firms are doling out strong remuneration bundles to remain aggressive and draw in top ability. Indeed, at many spots, the base pay for MBAs begins at $140,000 - more than $60,000 higher than the beginning pay rates that many applicants win appropriate out of school. Salaries in consulting are increasing. With a base pay pegged at $140,000, starting packages are often in the $170,000-$210,000 range. Boston Consulting Group (BCG) Salary (Frsh MBA) Associates (fresh out of undergrad hire) earn a salary of $72,000 + signing bonus of $5,000 + performance bonus of up to $16,000 + profit-sharing of up to $4,400 + 15% of salary and bonus contributed into retirement fund. 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. Project Leaders earn approximately $250,000. Principals earn approximately $500,000. Partners often earn over $1,000,000. |