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PwC 🐠! We pay more for folks with MBAs, but for 🐠 who have advanced degrees relevant to their consulting industry (Finance, Computer Science, Org Development, etc), is it normal that they’re paid the

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This is normal and isn’t exclusive to PwC. MBA new hires are paid a premium due to competition, both from other consulting firms and industry, access to the new hire’s network and the potential for high performance.

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If only that performance were guaranteed

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same as folks who just have undergrad degrees?

My friend has his masters in Computer Science, and 3 years in industry working for Shell, but he’s being offered 73k as an experienced associate...basically the same as someone who has 0 years work experience & just an undergrad degree.

Seems like the firm doesn’t care about any other advanced degree other than an MBA?

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I hope your friend doesn’t take the offer...
Just started at the firm from undergrad in August and I’m making more than 73K

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This is normal. Data science consultants and software engineering consultants typically fare the worst against MBA hiring in terms of salary.

It happens at every audit firm and other big consultancies.

Eventually there is an industry offer that is hard to refuse that the arbitrary firm won’t match

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Far more work/life balance

I started at 115k from MS CS from Carnegie Mellon at Deloitte S&O as SC. Jumped to K two years later as manager, 155k base now at Lighthouse, 4 years out of MS.

Does lighthouse travel a lot?

Additional Posts in Compensation

Hi All,
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Unpopular opinion:
Don't understand what people are loving about Indian Matchmaking
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What amount of experience do consultants have with psychedelics

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My mother is going into independent consulting for the last few years of her career (lab management for start ups). She’s wondering whether there are benefits for her setting up an LLC from a liability perspective? TIA!

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Does anyone know if new hires at PwC CA are getting a WFH stipend to buy a second screen?

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How introverted are you? EVERY time I’m around a group of people I wind up exhausted. It’s almost funny. I’ve learned to be present and I can handle the room, but when I leave…100% need a nap. It’s so predictable that I even share my calendar with SO. He schedules his WFH calls to avoid that hour after my in-person meetings. Smh. Is this weird??

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Started a job a 1.5 yrs ago and have learned so much from the firm. Now have an offer to join a bigger firm with better pay. Feeing extremely guilty and can’t shake the feeling of wanting to be on the current firm partners’ good side. Advice?

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Additional Posts (overall)

What is the salary range for a senior associate in KPMG's Deal Advisory and/or Strategy groups in Chicago? No MBA

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How much $$ do Big4 Managers (no MBA) make in NYC?

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What’s Deloitte S&O business analyst base compensation in NYC? How about second year (rough range)? Thanks!

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Fishes, How much base salary should I ask for Manager role at Publicis Sapient with 8 yrs of experience?

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Just joined a new company with a sick employer match that vests right away. Behind on my 401k for this year but pretty good on personal savings, would it make sense to put in 100% of my next 2 paycheques into my 401k to max it out? Is there any benefit to spreading it out over the year?

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What is the normal procedure when company travel policy is different from client travel policy?
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Feeling super underpaid after 2 yrs in same role. On track for promotion in 6 months. Wait it out or find another role?

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I am told that if i join ACN i would get a base salary and $150k equity that matures in 3 years. What if something goes wrong and have to leave befpre the 3 years? Can u get the money out?

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Can someone provide some detail on the Accenture consultant pay bands? I understand they were recently changed.

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