What MBAs Make At Top Consulting Firms

BCG’s new New York office at 10 Hudson Yards – overlooking the Hudson River. Photo by Anthony Collins.

Salaries for Incoming Undergraduate/Masters Graduates

Accenture Strategy

  • Base: $77,500-85,000 (Canada: C$75,000)
  • Performance Bonus: up to $8,500 (10% of base)
  • Total Cash (sum of above): up to $93,500
  • Retirement: 6% match for 401k after 1st year
  • Stock: 15% discount of Accenture stock
  • Signing Bonus: $10,000 (Canada: C$10,000)
  • Relocation: up to $5,000

Alvarez & Marsal

  • Base: $75,000
  • Performance Bonus: up to $19,000
  • Total Cash (sum of above): up to $94,000
  • Signing Bonus: $5,000

A.T. Kerney

  • Base: $75,000 (Canada: C$70,000)
  • Performance Bonus: up to $15,000 (20% of base in US and Canada)
  • Total Cash (sum of above): up to $90,000
  • Retirement: 6% match for 401k
  • Profit Sharing: up to $7,200 (10% of base depending on firm performance)
  • Signing Bonus: $5,000 (Canada: C$5,000)
  • Relocation: up to $10,000 (Canada: up to C$10,000)

Baker Tilly Virchow Krause

  • Base: $66,000
  • Total Cash (sum of above): up to $66,000
  • Signing Bonus: $4,000

Bain & Company

  • Base: $83,500 (UK: £45,500)
  • Performance Bonus: up to $12,525 (15% of base)
  • Total Cash (sum of above): up to $96,025
  • Retirement: 4.5% of base + bonus into 401k, no contribution required
  • Signing Bonus: $5,000 (UK: £3,000)
  • Relocation: $2-8,000

Boston Consulting Group

  • 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)

Booz Allen Hamilton

  • Base: $75,000 (Dubai, Abu Dhabi: $60,000)
  • Performance Bonus: $11,250 (Dubai, Abu Dhabi: up to $9,000)
  • Total Cash (sum of above): up to $86,250 (Dubai, Abu Dhabi: up to $69,000)
  • Housing Allowance: (Dubai, Abu Dhabi: $15,000; $22,000 if married/family)
  • Relocation: up to $5,000 (Dubai, Abu Dhabi: up to $15,000)

Deloitte

  • Base: $88,000 (Canada: C$70,000) (NZ: NZ$47,000) (UK: £39,500) (Germany: €50,500)
  • Performance Bonus: up to $13,200 (15% of base) (UK: up to 5%)
  • Total Cash (sum of above): up to $101,200
  • Retirement: 6% match for 401k
  • Signing Bonus: $12,500 (Canada: C$5,000) (NZ: NZ$2,000)
  • Relocation: up to $2-5,000

Ernst & Young

  • Base: $75,000 (Canada: C$58,000)
  • Performance Bonus: None
  • Total Cash (sum of above): $75,000
  • Retirement: 6% match of base into 401k
  • Signing Bonus: $3-7,500
  • Relocation: up to $2,000

FTI Consulting

  • Base: $68,000
  • Performance Bonus: up to $10,000
  • Total Cash (sum of above): up to $78,000
  • Signing Bonus: $7,000
  • Relocation: up to $1,000

Huron Undergraduate/Master’s Salary

  • Base: $67,500
  • Performance Bonus: up to $6,750 (10% of base)
  • Total Cash (sum of above): up to $74,250
  • Retirement: 6% match of base into 401k
  • Stock: $5,000 (25% match of personal investment up to $20,000)
  • Signing Bonus: $5,000
  • Travel Bonus: up to $3,750 (typically $3,000)
  • Relocation: up to $2,000

IBM Global Business Services

  • Base: $70,000 (Canada: C$68,000)
  • Performance Bonus: up to $8,400 (12% of base)
  • Total Cash (sum of above): up to $78,400
  • Retirement: 5% match of base into 401k
  • Signing Bonus: $7,000 (Canada: C$5,000)
  • Relocation: up to $3,000

KPMG

  • Base: $68,000 (Canada: C$62,000) (UK: £32,000)
  • Performance Bonus: up to $8,160
  • Total Cash (sum of above): up to $76,160
  • Signing Bonus: Rare
  • Relocation: up to $2,000

L.E.K.

  • Base: $74,000
  • Performance Bonus: up to $14,800 (20% of base)
  • Total Cash (sum of above): up to $88,800
  • Signing Bonus: $7,500
  • Relocation: up to $2,500

McKinsey & Company

  • Base: $83,000 (Canada: C$80,000) (Germany: €67,000)
  • Performance Bonus: up to $18,000 (Canada: up to C$24,500)
  • Total Cash (sum of above): up to $101,000
  • Retirement: 7% of annual compensation (Canada: C$10,000 to RRSP)
  • Signing Bonus: $5,000 (Canada: C$5,250)
  • Relocation: $2-10,000 (Germany: €3-€5,000)

Mercer

  • Base: $65,000 (Canada: C$55,000)
  • Performance Bonus: No bonus, instead 1.5x pay for hours over 40/week
  • Total Cash (sum of above): $65,000 + overtime
  • Signing Bonus: $3,000
  • Relocation: up to $2,000

Oliver Wyman

  • Base: $80,000 (Canada: $75,000) (UK: £43,000)
  • Performance Bonus: up to $16,000 (20% of base salary)
  • Total cash (sum of above): up to $96,000
  • Signing Bonus: $10,000 (Canada: C$10,000) (UK: £7,000)
  • Relocation: up to $2,000

Parthenon-EY

  • Base: $92,000 (UK: £46,000)
  • Performance Bonus: up to $10,000
  • Total Cash (sum of above): up to $102,000
  • Signing Bonus: $10,000 (UK: £4,000)
  • Relocation: up to $2,000

PwC

  • Base: $72,000 (Canada: C$61,000)
  • Performance Bonus: up to $10,800 (15% of base) (Canada: up to $9,150—15% of base)
  • Total Cash (sum of above): up to $82,800
  • Signing Bonus: $5-10,000
  • Relocation: up to $2,000

Strategy&

  • Base: $90,000 (UK: £42,000)
  • Performance Bonus: up to $9,000 (10% of base)
  • Total Cash (sum of above): $99,000
  • Retirement: 6% of base + up to 5.7% of bonus into 401k, no contribution required (5 year vesting period)
  • Signing Bonus: $10,000 (UK: £5,000)
  • Relocation: up to $8,000

ZS Associates

  • Base: $75,000 (Canada: C$75,000)
  • Performance Bonus: up to $7,500 (10% of base) (Canada: up to C$7500—15% of base)
  • Total Cash (sum of above): up to $82,500
  • Retirement: 3% match for 401k
  • Signing Bonus: $5,500 (Canada: C$5,000)
  • Relocation: up to $4,000 (Canada: up to C$2,500)