How much are people making 5-10 years after business school. I’m class of 2016 from a M7 business school (kellogg, Columbia , booth) and making $325k. Is that below or above average?

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Part time MBA at a school toward the low end of the top 100 and I graduated in 2018. Came up through relatively unknown firms and am now with Deloitte. Base plus signing here gets me to $200k; we'll see what AIP and next year's base is.

Considering I paid less than $40k and had no help from my company, I couldn't ask for much more.

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OP - if say for a 2016 exit, that's fairly reasonable. You are likely in the top 5% of your class. There will always be outliers like lucky Lucy that joined a startup that IPO'd and technology Tom who is truly a genius software architect that would be way above you but thats not the average. It's not a like for like comparison anyways since higher comp as you progress equates to your overall experience and expertise.

Example - if two people, say Person 1: UG> 5 yrs in IT > MBA X > 5 yrs in consulting all in tech and person 2: UG > 7 yrs in health > MBA X> 5 yrs in consulting in all sorts of industries. If both these folks apply to a top tech exit post consulting, person 1 is almost always going to make way more in the long run. Why? Their 10 yrs of tech experience is worth a lot more than the 2 or 3 yrs person 2 got in tech while in consulting.

For context I'm a 2014 MBA from a T10. I was the lowest paid in my class at $80K. All my classmates at that time were pulling in 100K+. I joined a T2 (not big 4) and progressed pretty fast. So I broke $300K two years ago (right where you are), was probably in the top 5% of my class based on alumni surveys. Left consulting last year at $350K TC. Now an exec in industry with a TC package that would put me anywhere between $450K to $650K depending on how my stock options pan out.

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A lot of these posts above saying you’re underpaid are ridiculous/ clueless/ trolling you.

You’re 5 years post MBA. At MBB firms that would put you at AP/Principal level. Which would put you at about the same comp or a little more than what you’re getting for typical performance.

If you were at a T2 consulting firm like OW, Kearney, EYP etc progression is a bit slower and your current comp is the same or a little lower than what you’d be getting.

If you did 3-4 years post MBA in consulting and then exited to a corp strategy role in industry at 5 years your TC would likely be similar to what you’re making now.

Point being your comp is in line with whats expected for someone with your post MBA YOE in consulting or corp strat.

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base performing PR1 TCis $350K... High performing PR2 TC can get close to $500K

I didn’t get an MBA, but am class of 2014 UG (not a top tier school) making around that much in a MCOL area.

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Industry

M7 from class of 2020. In 2021 I pulled in $210

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M7 class of 2017, am getting offers of $500k for Sr Director roles in tech

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Remote

HBS 2010, $900K, Google PM. Works 9-6.

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I work in NYC

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Class of 2017 - top 20 - $320 - for those wondering if it’s M7 or bust :-) …

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That’s probably a bit on the low end for what most are getting 5+ years after graduating from M7

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Assume that’s just the base? What about bonus and RSUs?

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Lol you assumed 325k was just base? That would put them in the top 1% of any firm

3yrs 240 non-M7

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What do you do at JPM? I’d have expected more as well. If you’d entered and remained in strategy consulting, you’d be around 50% more.

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We’re at $175 base for new mbas, fwiw

Class of 2017 M7, $300K

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Charles Aris has detailed reports for exactly this question

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Biased in who reports? In what is reported? Seems in line with what I hear from peers

M7 2020 - 235K last year. Will make the same this year.

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No i job hopped.

I am 2016 from a T10 on 336K base, plus bonus, plus stock. Also did T2 consulting, then Corp start for a PE, now in tech as of the last year.

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No this title is two jobs ago, left for director level, now an SD equivalent.

~425. 2014 M7. Been in industry a couple years now

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SD

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M7, Class of 2016. Will be at $380K this year ($240 base + $140 bonus.)

Second whoever recommended the Charles Aris reports, they’re awesome.

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Are those reports free?

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I’m 6 years out but I’m at $245. I think I’m low among my peers though

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