Total salary $103,500.įor MBA associates, the base salary is about $147,500, with a performance bonus of $44,000and a signing bonus of $25,000. This is often accompanied with a performance bonus of $8,500 and a signing bonus of $10,000. Their emphasis on technology, cost-cutting, and effectively managing operations has led to better consultant pay over time.Ĭonsultants at Accenture can expect a base salary as high as $85,000. Total MBA Salary: $201,900Īccenture has been growing in popularity during recent years. They can also expect a signing bonus of $25,000. MBA associates receive about $145,000 as a base salary, with a performance bonus of $31,900. Consultants can also receive a signing bonus of $12,500. The base salary for a consultant is about $88,000, with a performance bonus of $13,000. While Bain, BCG, and McKinsey offer the most competitive consultant salaries in the market currently, salaries offered at less prestigious firms are still very good. These top three firms only hire the most competitive candidates from the most prestigious MBA programs. MBA Salaries (and Experienced Consultants)įor candidates being hired with experience or directly from MBA programs, the starting salary is more competitive. Here’s a breakdown of salaries for management consultants according to the top three consulting firms.įor new college graduates entering management consulting the top three consulting firms salaries breakdown is below: Base salaries for high-level personnel range between $570,000-$1,000,000, with performance bonuses of up to$300,000 varying by firm. When you get to this level, you essentially become a shareholder/partner in the firm. There are also higher-level salaries for top consultants in these firms. These consultants take home a total amount of $250,000- $300,000. They also earn performance bonuses of up to $80,000 and profit-sharing opportunities of $28,000-$30,000. These hires can earn a performance bonus of about $37,000 on average, with a $25,000 signing bonus.įor project leaders, salaries are about $175,000 on average at top tier firms. Salaries for MBA hires (and consultants with a few years’ experience) are about $149,000 on average at top tier firms. Performance bonuses are about $15,775 on average, with a $5,000 signing bonus. Their performance bonuses range between $12,000-$18,000, with a signing bonus of $5,000.įor entry-level hires salaries are about $83,500 on average at the top tier firms. Starting from the base, fresh graduates (from undergrad institutions) earn an average base pay of $83,500 from top-tier consulting firms. Consultant salaries will vary by position and experience. The Consultant Salary Guide is the latest information on management consulting salaries for 2022.
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