Looking for advice on a potential offer. For MBB (to keep it generic) what is the base pay at 4-6 years out of bschool? So for example for McKinsey whats base pay for AP1-AP3 and for BCG whats the base pay for Principal1, Principal2, Partner1? I know for MBB the variable comp is probably 50-100% for that 4-6 year range out of bschool? TIA !!

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Base is irrelevant. Total comp is what matters. APs make $350++

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Base isn’t fully irrelevant.
It’s taxed advantages versus a bonus.
There’s the time value of money which you lose.
There’s also the risk of either leaving or getting let go which impacts the expected payout.

Okay so it’s not Bain

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😉

Need more details, are you interviewing for an AP level? In solution, expert or integrative ? The comp composition is different across the three but they all cap at roughly the same Total Comp

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So I’m not quite that level myself, but I think like $400-550, with the majority below $500.

But idk.

Total

~400-500 TC with 500 being the cap I believe. Base is probably ~250-300.

Base is 220-250 for mck

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P1/AP1 - 300-400k. Pa2/P3/AP2 (just before real equity Partner): 400-600k. All figures include base+bonus+retirement. Base is “half to somewhat less” especially for high performers where VC is really fantastic.

The ceiling for EMs is ~$400k. I think APs make $450-600k. Varies widely based on Firm profitability. Partners can make 7 figures.

@OP- probably 4 years from b-school you would be a senior manager and with 6 years would be associate partner / principal
I would say the base is around $220-$250K with total comp being around $400K. I haven’t seen that many AP levels more than $450K

Hi all, thanks for all the answers thus far. I know a lot of you have answered in terms of total comp, and I completely understand that the higher you go the more variable comp becomes a bigger part of total comp. But again, I was trying to triangulate on the base salary - if for nothing more than just to make sure the offer is at the same "standard" base comp that MBB offers at 4-6 years out of bschool. Thank you again!

At BCG, you would be. Base is quite standard, by level/career step.

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