Recent MBA grad from Canada with 3 YOE, received an offer for associate role from PwC for their Cybersecurity, Privacy and Financial Crime Practice.
1. Can anyone share their experience within this practice and how's the growth and exit opportunities for this practice?
2. I got an offer of CAD 80K+5K joining bonus. Is this a good pay for an MBA grad with 3 YOE or can I negotiate for more?
Highway Robbery
disrespectful offer
Assuming you’re in Canada? Did you go to a target Canadian MBA? Even so that sounds really low.
FWIW, Associates (the post MBA position) at McK come in around $200k CAD.
From what I’ve heard from D and ACN, their strategy practices come in around $120-150k as well.
It definitely sounds like you’re lowballed. Is it actually a consulting position? Or is it actually audit?
I would look elsewhere.
These are in consulting and recruit MBA grads in the US (financial crimes).
Incase helpful KPMG Canada is 80-99 for SC, 100-125 for M (10 yoe), 125-170k SM (15y+), 200k director, 225-240 non equity partner.
These are advisory numbers
Pro
Might as well work for free at that point. Also, why would you get an MBA outside of T15.
Pro
Brethen, you will outcompete all your peers and move up much quicker. It's a different level of clout only one with an M7 will understand.
Why are people telling OP how low their pay is and bringing up strategy pay, obviously op didn’t get into the lucrative consulting pays that you are mentioning. It’s cyber security and the market pay is trash
That sounds about right for the Canadian practice, people here are comparing US and Canadian salaries, what is the role/position ?
I know it's not exactly the same and there are some differences, but your offer is pretty standard for the Deals practice in PwC Canada. I don't know much about that practice, but it doesn't sound wildly off base to me. Salaries are much lower than US across most practices.
Yes that’s what I’m referring to.
I just think with the kind of self investment an MBA constitutes, getting the same entry grade but a slight salary bump is still a pretty insulting offer unless OP went to a no name program.
Like undergrads with 0 experience come in as associate. OP has 3 years plus all the skills associated with an MBA.