I was doing some googling and I saw that PWC offers MBA hires 45k in comparison to MBBs at 70k +. Is this a bad joke? I can't imagine that PWC's target for MBA hires is widely different from MBB. In the US, the pay gap isn't that wide. Any reason behind this madness?

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PwC doesn't target MBAs. What did you find in your googling?

Strategy& does target MBAs and their base is £80k+£5k allowance+bonus+pension match (1.5x)

PwC London doesn't have a different pay scale for MBA /non-MBA so you might be comparing S& to PwC non-MBA, which even in the US is a pretty big gap.

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Very separate.

Influenced by prestige, what they charge the client (it’s slightly different in the us), hiring priorities (pwc targets more undergrads in the uk, than mbas), value of an mba is generally less in the uk, the general uk jobs market salary and pwc adopts a more regional focused hiring strategy vs mbb who are more globally aligned.

Those are all factors that determine pay differences, but the reason you can't get a good comparison of PwC MBA pay to MBB pay in the UK is that PwC doesn't pay a premium for MBAs.

In the US, PwC pays SAs a ~40% premium for a top MBA (has to be on the list of qualified programs). They pay an even higher premium for S& consultants (S& doesn't pay a premium for MBAs except for the first year after MBA).

In the UK, PwC does not pay a premium for MBAs at all, so you're comparing MBB pay to non-MBA pay. In both countries, the difference is stark (>50%).

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MBB post MBA base us more like £85-100k just FYI

Pretty much the same in US.

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