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Not true at all
Exactly what everyone else said - there's a big salary to get you in the door but small increases until you make Manager
Big4 aren't in the business of selling MBAs, hence no pay bump
No
Stop daydreaming OP...
https://managementconsulted.com/consulting-jobs/2017-management-consulting-salaries-for-undergraduate-mba-interns/
"After working in the firm for over a year, one can typically expect a 12-20% increase in total cash (base + performance bonus). "
Ah. I should've known too good to be true
Thunder numbers might hold for MBB but they don't hold for any of the other firms. In fact I doubt they hold for MBB given the compensation reports put it by Charles Arris.
Thunder... those... same thing
At EY as a 4 out of 5 rating, I got <4% bonus and <5% raise. I was very pissed as I believed the management consulted numbers.
Then why would anyone leave to get an MBA?
Deloitte will pay for your MBA as part of the GSAP program unless that has changed since I left. Other firms may do the same.
Not true. Nobody told you otherwise either
Got 6% raise first year, 10% second year incl promo bump and 5% third year out of top 5 mba. Starting salary was 140k
I just did the math and have been averaging 9.2% a year in base compensation raises for the last 5 years. However, if I recall correctly my raise first year post MBA with Deloitte was 3.5% or something paltry (3 rated in 2012). A top rated SC might get 10-15% (depending on firm performance), but unless you are a returning consultant you are unlikely to receive a rating high enough to get that sort of bump in salary.