How much total compensation is expected for a first year engagement manager or equivalent at MBB (assuming average performance)?

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Around $300k at BCG

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$260k here

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Oh, got it

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290-300k at Bain and BCG

Wow, first year manager like PL (project leader) makes 300k total compensation under average performance? That’s a lot of money… probably tops among peers.

Eh it’s ok, we also give new managers low to mid 300s

Base ~200 + bonus ~100+

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What’s a rough breakdown - base vs. bonus vs. other benefits? Roughly roughly…

210+90

What does each column mean here? NAP and Rtmt specifically?

NAP is firm profit share, rtmt is retirement contributions. Both are additional comp beyond base salary + bonus (and NAP scales well).

Grade is your title (AC = Associate Consultant, SM = Senior Manager).

Total is the total comp for each grade.

Interesting that you get NAP as a junior consultant too. Thought it was a partner/principal thing.

Every level gets it. At junior levels it is deferred though (paid out after SAC year for first 3 years, and on promotion to SM for C/M years)

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Seeking perspectives on career path. TIA!

9 YOE (6.5 in consulting, 2.5 in BU strategy and M&A). Involved in end-to-end process (incl. modeling) but processes largely led by Corporate M&A team. 3 tuck-ins completed (all in 2022).

Options considering:
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2/ Don’t wait, just jump or apply to other roles
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TC: 175K (…low)

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Interested about PDM stats. Like if you got a comp adjustment and comment if you didn’t.

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Are you supposed to receive a signing bonus for an entry level job at MBB?

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We Indians are so poor we can't think anything else except money. Whole Fishbowl is all about YOe and Salary. No one interested about if any company doing any innovation or not. B-Tech colleges put ads with Package and Campusing only. Almost 99% Indian YouTube thumbnail is like "5 lakh to 40 lakh", "Interview Experience in bracket 50Lpa" etc.. Hardly we can see Foreign Editorial things marked with Packages.

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likeuplifting

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