I’m currently finishing up my MBA at Cornell and looking to be a Product Manager. I got an offer from Deloitte Digital in NYC for the role with a base salary of 125K and signing bonus of 15K. I feel like I’m being lowballed. Help!

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That’s low ball . You should be making at least $150k+ base

likehelpful

SC is the normal post MBA level. 125K is definitely not the normal salary.

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That’s very low. BCG starts new hires at $165k base with 12.5% target bonus and $20k signing bonus.

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You are being low balled

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It sounds like you’re going into a PM role and not a traditional consulting role within Deloitte Digital (DD)? Consulting SCs directly from a target MBA program get paid more than your offer, but I’m not sure the average Deloitte consultant could speak with confidence about what a PM offer “should” look like / the average PM salary at DD. Also are you Johnson or Tech? I’m not sure if Tech is target, although I could be incorrect.

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If you are looking to do product management and have prior product experience, you should not do product at Deloitte and aim to do product in high tech - there is a fairly well trotted path from MBA to tech companies like google, roku, amazon, Adobe and even startups

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C3 - apply for apm roles

I am a Johnson alum and know there are Johnson alums in Deloitte Digital. Reach out to them! I’m not sure about the salary for that kind of role but I thought it sounded like an appropriate post MBA salary

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To add more info, the offer had me assigned at a Senior consultant level. Does this affect it? I have 4 years of experience and prior PM experience as well

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MBA hires come into D at the Senior Consultant level pretty much no matter what

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Part time program?

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Full time

Hi OP, I’m at Accenture too but thinking of pursuing an MBA with Cornell near the top of my list. I’m also interested in product management. Could I DM you?

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Yup!

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Agree with the 150+ comment

This doesn't sound like a consulting role. If it's internal, the pay would be lower

This isnt an internal role that you're thinking of. Please do more research.

likefunny

Hey there - I do PM at Deloitte and may have a clue to what’s going on. Feel free to DM

Are you finishing up the MBA and taking the role as a graduate...or are you taking the role and finishing up?

If you're not taking the role as a graduate, then the pay is probably right. If you're an actual "MBA hire", then the pay is low.

Was this via OCR?

Thank you everyone for your input. I’ll negotiate for a higher salary with the info you have provided :)

Good job on negotiating. Here is some food for thought. I graduated from a top MBA program years ago. Me and all my colleagues that went into consulting were offered $160 total compensation 6 years ago.
Different firms divided the $160k different ways but Big 4 got SC title with $140 base.

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