Hi all! Does anyone have insight into salary differences for incoming MBA associates across McKinsey, Strategy&, and BCG? I am a current MBA candidate (ex-big 4) and navigating applications for ME consulting roles. Any insight would greatly help me anchor my expectations.

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Don’t have latest numbers, but it goes S& > BCG > McK - with S& offering substantially more back when I got offers (5yrs ago).

Apply everywhere though - you’d be lucky to work at any of these firms. That being said, if you manage to get offers across, remember that a little more money isn’t everything - this is a people business. Best of luck!

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Thank you!

Would anyone be willing to share what the compensation actually is?

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I think now it’s BCG = S& >> McK. But if u ever had an offer between these 3 any ways choose BCG or Mck first. Trust you dont want to be in S&

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Why is that?

S& pays the highest (pre-bonus) out of any firm in the region.

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BCG pays about 20-30% more than McK. S& is in the same ball park as BCG (might be slightly higher even).

No point asking really. The firms have standard compensation schemes. They won't negotiate them.
Compensation in the BBMs is definitely high and enables affording a good lifestyle, no matter the cost of living locally.
In current market conditions I would focus efforts on passing interviews and getting an offer.
And, if lucky enough to have multiple offers, I'd try to understand in which firm I would have more chances to have a long term career, or which one can get me better career options and progression if I leave later on.

Thanks all!

Does BCG pay schooling allowance?

F

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