What MBAs Earn At Top Consulting Firms in 2019

McKinsey consultants in the Sao Paulo office

Salaries for Incoming Undergraduate/Master’s Full-Time Hires

AArete 

  • Base: $112,000
  • Performance Bonus: up to $16,000
  • Total Cash (sum of above): up to $128,000
  • Retirement: 3% match for 401k

Accenture Strategy 

  • Base: $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: $65-82,000
  • Performance Bonus: up to $16,400 (uncapped bonus if in restructuring/turnaround group)
  • Total Cash (sum of above): up to $98,400
  • Signing Bonus: $5-10,000

A.T. Kearney 

  • 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 $7,500 (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
  • Signing Bonus: $4,000

Bain & Company 

  • Base: $85,000 (UK: £45,500)
  • Performance Bonus: up to $12,000
  • Total Cash (sum of above): up to $97,000
  • Retirement: 4.5% of base + bonus into 401k, no contribution required
  • Signing Bonus: $5,000 (UK: £3,000)
  • Relocation: $5,000

Boston Consulting Group (BCG)

  • Base: $90,000 (Canada: C$82,000) (Aus: A$67,000) (Germany: €68,500)
  • Performance Bonus: up to $16,800
  • Total Cash (sum of above): up to $106,800
  • 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: $75-101,000 depending on experience (Dubai, Abu Dhabi, Doha, Beirut, Riyadh: $60-80,000)
  • Performance Bonus: $6,060-11,250 (Dubai, Abu Dhabi, Doha, Beirut, Riyadh: $9-12,000)
  • Allowances: 40% of base paid in Dubai/Abu Dhabi/Doha; 30% in Riyadh
  • Total Cash (sum of above): up to $112,250
  • Retirement: 6% match for 401k (Dubai, Abu Dhabi, Doha, Beirut, Riyadh: 1 month of latest salary per year of service)
  • Relocation: up to $5,000 (Dubai, Abu Dhabi: up to $15,000)

Cognizant Technology Solutions 

  • Base: $65,000
  • Performance Bonus: up to $3,000
  • Total Cash (sum of above): up to $68,000
  • Retirement: 50% 401k match for first 6% of salary (after 1st year)
  • Signing Bonus: $5,000
  • Retention Bonus: $5,000 (after 1st and 2nd years)

Cornerstone Research 

  • Base: $82,500
  • Performance Bonus: up to $8,250 (10% of base)
  • Total Cash (sum of above): up to $90,750
  • Retirement: 50% match for first 6% of individual contributions in 401k
  • Signing Bonus: $12,500
  • Relocation: 100% of moving expenses; 4 nights in hotel while house hunting; all broker fees

Deloitte S&O 

  • Base: $80-94,000 (Canada: C$70,000) (UK: £39,500) (Germany: €50,500) (NZ: NZ$47,000)
  • Performance Bonus: Only after 3rd year (15% of base) (Canada: up to 10%) (UK: up to 5%)
  • Total Cash (sum of above): up to $80-94,000
  • Retirement: 25% match for first 6% of individual contributions in 401k
  • Signing Bonus: $12,500 (Canada: C$5,000) (NZ: NZ$2,000)

Ernst & Young 

  • Base: $75,000 (Canada: C$65-70,000)
  • Performance Bonus: None (1.5x overtime pay instead)
  • Total Cash (sum of above): $75,000 + overtime
  • 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 

  • Base: $67-72,000
  • Performance Bonus: up to $7,200 (10% of base)
  • Total Cash (sum of above): up to $79,200
  • 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: $75,000 (Canada: C$68,000)
  • Performance Bonus: up to $8,400 (12% of base)
  • Total Cash (sum of above): up to $83,400
  • 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: $85,000 (AUD: A$86,000) (Canada: C$82,500) (Germany: €67,000) (UK: £43,000) (Taipei: $38,876)
  • Performance Bonus: up to $15,000 (Australia: up to A$15,000) (Taipei: up to $5,000)
  • Total Cash (sum of above): up to $100,000
  • Retirement: $7,500 (Canada: C$10,000 to RRSP)
  • Signing Bonus: $5,000 (Canada: C$5,000) (UK: £$3,000) (AUD: A$2,000)
  • Relocation: $2-10,000 (Germany: €3-€5,000)

Mercer 

  • Base: $68,000 (Canada: C$55,000)
  • Performance Bonus: No bonus, instead 1.5x pay for hours over 40/week
  • Total Cash (sum of above): $68,000 + overtime
  • Signing Bonus: $3,000
  • Relocation: up to $2,000

Navigant Consulting 

  • Base: $72,000
  • Signing Bonus: $6,000

Novantas 

  • Base: $72,000 (Canada: $72,000 CAD)
  • Performance Bonus: up to $14,400
  • Total Cash (sum of above): up to $86,400
  • Signing Bonus: $5,000
  • Relocation: up to $5,000

OC&C 

  • Base: $83,000 (UK: £45,000)
  • Performance Bonus: up to $20,000
  • Total cash (sum of above): up to $103,000
  • Signing Bonus: $7,500 (UK: £7,000)
  • Relocation: $5,000
  • Retirement: 401K – up to 3.5% match at start of second year

Oliver Wyman 

  • Base: $85,000 (Canada: $75,000) (UK: £43,000) (Amsterdam: €58,000) (Singapore: S$90,000)
  • Performance Bonus: up to $16,000 (Amsterdam: up to €27,000)
  • Total cash (sum of above): up to $101,000
  • Signing Bonus: $10,000 (Canada: C$10,000) (UK: £7,000)
  • Relocation: up to $2,000 (Singapore: $10,000)

PwC (including Strategy&

  • Base: $75,000 (Canada: C$65,000)
  • Performance Bonus: up to $18,750
  • Total Cash (sum of above): up to $93,750
  • Signing Bonus: $5,000-7,500
  • Relocation: up to $2,000

Simon & Kucher 

  • Base: $75,000
  • Performance Bonus: up to $15,000
  • Total Cash (sum of above): up to $90,000
  • Signing Bonus: $5,000
  • Relocation: up to $3,000

West Monroe Partners 

  • Base: $77,000
  • Performance Bonus: up to $3,850
  • Total Cash (sum of above): up to $80,850
  • Signing Bonus: $7,000

ZS Associates 

  • Base: $70,000 (Canada: C$75,000)
  • Performance Bonus: up to $7,000 (10% of base)
  • Total Cash (sum of above): up to $77,000
  • Retirement: 3% match for 401k
  • Signing Bonus: $6,500 (Canada: C$5,000)
  • Relocation: up to $4,000 (Canada: up to C$2,500)

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