
Jared Chung
CareerVillage.org Team BACKERWhat is the entry-level salary at a consulting company?
I'm interested in getting benchmarks on salaries for university graduates in the United States who are going to work at major consulting companies. Is there a big range? Are there any good recent studies? #consulting #compensation
9 answers
Han’s Answer
I would check out Glassdoor.com, as the answer can vary a bit based on firm and location. Search for Bain, McKinsey, BCG, Deloitte... that should give you a good sample.
General guidance:
College grad (Bachelor's degree) is $60K - $80K
MBA or advanced degree grad is $100K-$150K
Vijay’s Answer
Salary is attributed with various factors such as Location (San Francisco, Ca Vs Austin, Tx), School in which you gets graduated and company in which you are recruited. I have seen ranges between $60 K to $80 K for Post graduate students. Sometimes it might be luck to join start-up with stock option and later become IPO and gets you profitable.
Ace’s Answer
Salary also depends on the location of the job. For example San Francisco and New York will have a higher salary, but the living cost will be also higher. For example in San Francisco, the entry level will be closer to 100K
Steve’s Answer
Enjoy the Consulting life!
Steve’s Answer
Enjoy the Consulting life!
Usman’s Answer
Definitely check out Glassdoor,com as it provides details based on level and region.
Steve’s Answer
Be wary of the excessive amount of travel required of a Consultant during regular times.
J’s Answer
The major consulting firms usually have a similar range in terms of salaries. Do you mean university graduate as post-college or post-MBA/JD/MD/PhD? Typically post-college salary are around $60K and post-MBA/JD/MD/PhD (advanced degree) salaries are around $140K.
I'm not aware of any recent studies.
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