Are all associates at Oliver Wyman making post MBA salary?

likesmart
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No we have levels to each title.

Associates have 3 levels

AS1 - pre-MBA salary
AS2/3 - post-MBA salary

likehelpful

My understanding is that is could be anywhere from 150-170

likesmart

Simple answer: no. Longer answer: there’s no such thing as a “post MBA” role. So there’s a point in the middle of the Associate pay range where it crosses what the market pays MBA campus hires.

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How many years is what from what?

No. We have a range within that level that reflects movement against our competency grid. And an MBA is not required to progress through it.

MBA hires are brought in at a salary point within that range that is competitive with other consulting firms hiring at business schools.

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Man I hope MBA hires don’t come in as an Associate 2 without prior consulting experience. It won’t be a good experience for them and for us.

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OW3, sadly each of these numbers is wrong for the US. Associate base starts at 145 and reaches 180 without a linear progression

like

Thanks for clarifying! New to the firm so just guesstimating

Idk the exact amount for levels but,
ASC1: $150/55 base?
ASC 2: $160/65 base?
ASC 3: $170/75 base?

Someone else can speak to the accuracy of these numbers but all levels are paid the same base. I’m assuming an MBA degree would get you in at ASC2 +/- depending on interview and other factors performance

Is ASC 2 to EM a doable promo in a year?

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