MBA graduates are in a good position to get a well paying job for consulting firms straight out of university.
Many people work hard to complete an MBA degree so that they can have a stable job ad earn a healthy salary and nowadays there are even ways to get into online programs and earn an MBA without a business degree background.
So if you are an MBA graduate or are considering applying to an MBA program, then have a look through this list of the best paying consulting firms for MBA graduates so that you can have an idea of what your future could look like.
Boston Consulting Group is one of the biggest consulting firms and has over 90 offices located all over the world. They have been ranked quite high on Fortune’s list of best companies to work for and their clients include many Fortune 500 companies. They advise clients in all sectors, including public, private, and non-profit.
Boston Consulting Group’s base salary is $147,000, with a signing bonus of $30,000, and a performance bonus of up to $44,100. The combination of all these figures makes the Boston Consulting Group one of the highest paying consulting firms for new MBA graduates in the world.
A.T. Kearney is an American global consulting firm with 60 offices in over 40 countries worldwide. They mainly focus on strategic and operational CEO-agenda issues for governments and business all around the world. A.T. Kearney has also made it onto lists of the best companies to work for and has consistently been ranked as one of the best global management firms.
A.T. Kearney’s base salary is $147,000, with a signing bonus of $25,000, and a performance bonus of up to $44,100. They also have a relatively high relocation bonus of $10,000 for international MBA graduates.
McKinsey & Company is one of the top and most iconic consulting firms and has been noted as the most prestigious consulting firm in the world by the New York Times. With offices in over 120 cities worldwide, McKinsey & Company is a massive firm that many new MBA graduates apply to.
McKinsey & Company’s base salary is $152,500, with a signing bonus of $25,000, and a performance bonus of up to $35,000.
Deloitte is another big strategy and operations consulting firm that has over 263,900 employees in their offices around the world. It is one of the most popular choice for new graduates as it was rated one of the best firms to work for to help launch your career by Business Week. One defining feature of Deloitte is that they tend to reward their interns that return to them after graduating by adding on $17,500 to their signing bonus, as well as reimbursing some of their tuition.
Deloitte’s base salary is $149,000, with a signing bonus of $25,000, and a performance bonus of up to $37,250.
Parthenon-EY, formerly called Ernst & Young, focuses on providing clients with tailored strategy consultancy. They are constantly looking for new talent and recruit top graduates. While their headquarters are in London, they have offices all over the world and employ more than 250,000 people. It is one of the “Big Four” consulting firms, along with KPMG, PwC and Deloitte.
Parthenon-EY’s base salary is $170,000, with a signing bonus of $35,000, and a performance bonus of up to $9,000.
Bain & Company is one of the “Big Three” management consulting firms, along with the Boston Consulting Group and McKinsey & Company. They advise clients to organizations in all sectors, including private, public and non-profit. With over 50 offices in 36 different countries all over the world, Bain & Co is always looking for new MBA graduates.
Bain & Company’s base salary is $148,000, with a signing bonus of $25,000, and a performance bonus of up to $37,000.
KPMG, which is an abbreviation for “Klynveld Peat Marwick Goerdeler”, is another one of the “Big Four” professional service companies. It has about 189,000 employees and provides consultant services in tax, financial audit and advisory sectors.
KPMG’s base salary is $140,000, with a signing bonus of $35,000, and a performance bonus of up to $25,000.
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