Quote:
Originally Posted by Unregistered
Most people who join MBB fresh out of under grad do it for the career prospects. Money starts to get more interesting most MBA. After 2 years as analyst and 2 years of MBA, you come back to 12-13k monthly as associate (in Mck). As an EM (which is 2 years after Associate), you get ~250-300k annual. AP gets 300-500k and as a Partner (which is 8-10 years after graduating including MBA time) you are looking at 700k-1.2m annual comp. Which is pretty decent even if these people can probably get more working in finance or tech. |
Yep - MBBer here. MBA isn't necessary these days if you join straight out of undergrad. Top performers can make EM/PL ~4 years out of undergrad and pull ~250-300k/year (3 years in the US with McK's BA to EM program).
A lot of the information about gross salaries within the consulting industry are also false - some firms internalize employer contribution to
CPF within the monthly salary, and hence reflect numbers disproportionate to that of other firms.