Comp structure at MBB without MBA? Have a friend who's been at BCG for a year and bought a house and a BMW i8 in the same year so now I have to know

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I got 2 i8s and 2 houses, I make double your friends compensation.

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I wish I could afford that

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That's family money right there. An A2 makes about 80k base, maybe an extra 15 in bonus.

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Important to remember: you don't need to be a genius to spend money.

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Have to assume your friend doesn't live in NY or SF

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Yeah Midwest makes sense. It's def possible

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No way an analyst salary alone affords an i8 and a nice house. Most likely took out loans/debt or had other income/investments/family money...

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What does his parents / SO do?

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Comp is defined by level - doesn't matter if you have MBA or not although most Consultants/pre-PL will have one. You can google Charles aris for typically comp all in.

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Sounds like you have a friend either stupid with money or with family money :)

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@op you could just directly ask him/her how they're doing so well. Say you're really impressed, and want to know how he/she managed to make it so far so quickly

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What level is your friend

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May be took on a lot of debt? Family money? Or just a plain studd at the job

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Not sure about parents. But solidly upper middle class. Was just an eye opener cause we grew up together and now I feel like he's taken off..

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Leveraged to the hilt

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Even if he is making over 200k i doubt he could afford the 10k lease on that i8

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Second year analyst

Yep, Midwest

At BCG, you can direct promote to the Consultant role (post-MBA entry point) after 2 years. Strong performers in that role can make 200k with bonus.

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