What is the entry-level salary at a consulting company?

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What is the entry-level salary at a consulting company?

Asked Oct 10, 2011 Viewed 2625 times Translate

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

You should clarify what you mean by university graduate--post college, or advanced degree? – J Pan Oct 18, 2011

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You should clarify what you mean by university graduate--post college, or advanced degree? — J Pan Oct 18, 2011

Answer 1

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

Answer 2

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.

Answer 3

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

Answer 4

Hey Jared,

Definitely check out Glassdoor,com as it provides details based on level and region.

Answer 5

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.

What is the entry-level salary at a consulting company?

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