Can someone explain how a MBA student, who has zero experience in working in the real world let alone consulting can start off as a “senior consultant” (L8) with a higher salary than experienced hires?

likehelpful
Posting as :
works at
You are currently posting as works at

They would start as an L9 right out of school

But most programs require prior work experience and any good MBA program has consulting projects as part of the curriculum

like

Most US MBA programs require a few years of professional experience.

Almost all MBA consultants I have come across had consulting or some industry experience pre-MBA.

like

Don’t take it to heart. Sometime it’s the flip
also .., people with many years of experience are still managers and young 30 something folks are SMs. Everyone’s journey education is different. If your firm doesn’t value you find someplace which will !

like

Most MBAs don’t have “zero experience working in the real world”.

like

MBAs don’t have zero experience. They are experienced hires with MBAs. A large portion of MBAs are returning consultants.

like

The only people in saw in b school without work experience were MD MBAs who were almost done the med school. Average work experience was 5 years.

Related Posts

HELLO Fishes,

How is BA Continnum regarding work life balance and will there be any bonus ?

like

My Current CTC is 18.5 LPA. YoE 12yrs.
How much CTC can I ask during an HR interview for a BIGDATA engineer in UST global. What should be the expected CTC per current standard. Can you please let me know based on your experience in negotiating.

like
like

I have below offers. Please suggest which one is better to join considering WLB, Continues Learning and BFSI or Ecommerce domain exposure -
CRMNext 17 LPA
Successive 18.5 LPA
Tech M 20 LPA
Congizant 21 LPA
Schlemberger 22 LPA
Atos 26 LPA

like
like

Elsevier- MDM, AWS, Java Spring, SQL
Citicorp- Spring, Java,Struts, Angular
Confusion between these two. Same package for both. Please share your experiences, knowledge and views.
Thanks in Advance.🙂

like
like

So I'm a bit scared want to make the pivotal to tech after my MBA but noticing a huge difference in Consulting salary (165k) and tech (133k). Does RSU help cover the gap?

like

Do all FAANG companies offer a joining bonus?

likehelpful

Hi Sharks,

I have 3 offers cognizant, persistent and virtusa
Tech stack- front end developer/ react js
CTC offered - around 30 LPA in all three.
YOE - 6.3 years

Please share ur thoughts which company to join considering onsite opportunity, work life balance and job security. Joining is in one week.

Thanks

like

Sign on bonus for EYP post-MBA Consultant role? Strategy group if that matters

like

Got offer of 21lpa fixed and 5.5 variable in accenture. HR did not provide salary breakup.Can anyone help me knowing what would be in hand

like
like

Hi, I had two job offers for AP Accountant / Senior Specialist post offering 85k - 87k. Could you please advise if this is a good package? My current employer is offering a much lower amount. Thanks!

like

Does anyone recommend working in high pressure better salary(WFH IC Engineer role in a relatively big Financial services firm, but working hands of on many things that builds pressure) vs

job 2 or atleast offer (Senior Manager 3 days a months in office( Banking firm) minimum, people manager for 24/7 infra operations teams and new project)taking a salary cut of 8k in base and with better WLb( hr) says so in interview. I am too confused. On job security we all know we can't guarantee anything.

like

Does salary increases after probation period in Natwest gurgoan?

Hello Fishes , what would be in hand salary for below compensation

Post Photo
like

Hi Fishes, I'm in Tata Consultancy for 11+ years being my first company. Techstack Java8,SpringBoot , Microservices, AWS cloud.

Has someone with similar techstack and yoe joined/offered from TCS?
Wanted to know the CTC offered, since I'm planning to switch because obviously I'm underpaid.Infosys IBM Accenture Deutsche Bank

like

Anybody know salary range for VP Operations for GS in SLC?

Hi all, still trying to get a sense of what a program manager salary range is for e-commerce company in Toronto, 15+ YOE. Anyone?

like

More Posts

User experience mgr salary? I support six product teams and eight reports. 20+ years experience

The new compensation is up on Workday. For AC Bangalore

like

I am an email marketing specialist. I am approaching my one year at my new job. I have been going above & beyond. I have been recognized by my boss that I have been doing great as well. I have been implementing new strategies, completing all assignments on time, and I do the most in all of our meetings, interviews and business events. How much can I ask for a raise?

like

Hello EXL Professionals,

If I resign from EXL in mid of Dec 22. Will I still be getting the Annual Bonus (for 2022) which will be paid in March 23 and is some percentage of fixed CTC.

like

It’s snowing today and I’m not ready for it, mentally at least.

like

My wallet got stolen month and a half ago its worth 700K today .... By the way money invested was 10K only.

Was disappointed for couple days because it was my mistake for not paying attention to the scammers.

Back in the market and recovered the losses and money invested, isnt this an amazing bull market!!

By the way im not rich so that money would have gave me a life change.

What should i ape on next fellas?

likeuplifting

Tech Mahindra Can anyone please refer me for BMC Remedy Developer role .I am serving notice period and can join in September.Not getting calls from any renowned companies.Tech Mahindra HCL Technologies Wipro Accenture Capgemini YOE-7.2 Years

What books would you recommend for someone wanting to get better at sales?

like

Recommendations for best suits in Dubai? Good quality but not 10k either.

like

Anyone willing to refer me for a Business Analyst position at Amazon?

How long does it take for Morgan Stanley to get back after a Superday? It was with the FRM division btw. Morgan Stanley

like

I worked my butts off as a senior engineer for the past 4 years and my salary compensation barely changed, even when my picture was on the wall consistently as one of the best performers. Hunted for jobs like a mad man, got an offer with a 200% hike.

If you're underpaid, always look for a switch.

like

Hey, Guys!

Do we have to take a print out, physically sign and then upload the scanned document of the offer letter or is it enough to accept the offer letter through the SAP portal only?

like

Can someone refer me to PayPal?
Job id is R0089926

So I feel a combination of relief and guilt as a bankruptcy/restructuring attorney. I think I’ll be ok since it’s going to be a very busy time soon. But at the same time nobody else is going to be ok

like

Hello Everyone
I have a offer from pwc for senior associate role for 6 yoe, I have another offer as well.
any suggestions pwc revise offer or match the ctc of another company.

like

Hi all. I’m looking into potentially transitioning to PE with a background in Finance Transformation consulting @KPMG of 4yrs. Do I stand a chance? Any advice on how to best approach this would be super helpful, thanks.

like

PwC India and PwC US

Which is better?
What are the advantages of joining PwC US.

Please help me to understand it

like

I've noticed that my coworkers tend to work more on their own than with others, even when they're all in the office. Is this normal? I feel like it would be helpful for everyone to talk about their projects more often—I mean, what if someone else has solved the same problem you're trying to solve already?

like

Any advice as to how to help my other-half (who has bouts of anxiety and depression) apply to jobs? He’s going through a particularly rough patch at the moment. We had a big chat the other day which was great! However, even if we agreed that I’m doing everything I can for him (his words) it has to come from him (which we both agreed). He’s having a real mental block (I think with writing cover letters mostly) he describes staring at the screen feeling incapable. Any suggestions?

like

Additional Posts in Accenture Strategy & Consulting

Anyone find a good CC in another practice? How?

like

My practice in S&C is transfering to SONG, effective September 1st. What is the likelyhood of getting f* from a compensation standpoint ? Zero chance that I put SONG on linkedin 😩😅

likefunny

Does anyone know if we get Verizon or Apple discounts through Accenture? If so, where do I find more info? Buying a new phone at the moment

like

Why doesn’t Accenture give an inflation relief bonus like every other consulting firm?

funnylike

Quick question - I have an offer from Accenture consulting. I am on dependant visa here in US. What happens in case my extension gets denied? Is Accenture flexible to support my relocation to my home country . Accenture does have a presence there.

like

What’s the average salary for a Federal Accenture Analyst

What is the salary range for Enterprise Agility Manager- Technology Strategy & Advisory?

like

Read that new Strategy analysts are being offered 100K coming in. Is that for Strat only or all of S&C? Will this band be applied to current analysts too?

like

My company is under merger with ACN. Will I get a boost in my salary after pairing my level with ACN? Current role is senior engineer with 7+ years. Which level will I fit into ? And my current salary is much lower (20k) than ACN standard. Thanks.

like

Accenture 🐠, anyone willing to provide a referral to Business Process Architect role in Dallas? I will PM my work experience and qualifications if anyone is willing to chat! TYIA

like

Stupid me thought Accenture is different. Like any other consulting firm, some MDs literally gave away their soul to the devil once you got promoted.

likehelpfulfunny

Does Accenture give any extra days off as a result of COVID-19?

like

How much bonus does an L6 in tech consulting get ?

like

How often does Accenture Strategy use Python during projects? Is it worth taking courses before joining?

Anyone here moved from EY to Accenture? Curious to know how was the shift, pros and cons for each company, any regrets? Waiting for an offer from Accenture but very conflicted on whether I should leave EY. Been there all my career and going to be a big jump.

like

😇 word on street is that we are all getting pay increases next cycle

like

At what level does Accenture offer RSUs as part of comp package?

like

Am I able to access MyLearning before starting with Accenture? I received a Countdown to Accenture email and it included a piece about starting trainings before your first day, but both the link to MyLearning and the link to support for the link not working were unaccessible.

like

what is the IPT group in Accenture ? and how is it different from the market units in terms of compensation and career growth ?

like

Does Accenture have any grad school (mba) tuition reimbursement benefit?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal