What are post-MBA MBB salaries in Europe? Everyone keeps saying peanuts compared to the US but how much lower are they actually? (Asking as someone debating between M7 and intl MBA program)

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According to Insead (not specific to MBB but I'm guessing close if you look at the 3rd/4th quartiles)

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Yeah it was Usd.

I read this as the upper bound being the max. Could be a sample of 1 making the range seem wider. The interquartile range is actually quite narrow.

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MBB + Tier 2 is about €130k p.a. (incl. Bonus, excl. Car deal) for Germany

I know that consulting salaries are lower in Southern Europe (Portugal, Spain, Italy, France)

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Europe is not a single country. Depends where in europe you want to go.
Switzerland (not EU but geographically Europe) pays more than US but has much higher CoL
Portugal vice versa

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Lmgtfy

Just something to add to this. If you are applying to MBB (even to a US office) they will know the intl MBA programmes. We have a lot of hires from INSEAD and LBS in particular (similarly to HBS, wharton, stanford), but also I know that we extended offers also to a few other schools in the same way we extend offers to other US schools too. So I wouldn’t base your MBA decision purely on that if you are looking to do MBB. Obviously if you want to go to other industries this might be less relevant.

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I’m so torn / keep flip-flopping between INSEAD and Kellogg 2Y 😫 I don’t really know where I want to work after school. I have a preference for a 2 year program but INSEAD just seems so cool and unique and exciting!

MBB London post-MBA level is ~£85k base. To be compared with ~$165-175k in the US I believe.

I have numerous US MBA friends who dropped out of the London process once they got told the salary.

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They’re all American firms and McK at least staffs globally so I am surprised to hear there’s such a big gap.

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Bonus is ~£15k, and 2nd year is maybe £10k more in TC.

First year Managers do make ~£150k TC, call it ~£100k base and ~£50k bonus.

Thanks, C2. I’m really surprised. I’m in London at a tech company and making more than that. How is it that all my MBB friends here have fancy clothes, bags, cars, full-time nannies, etc. and have done since 1 and 2 years post-MBA? Their lifestyles are much more expensive than mine is, and I’m earning over £150k, with no debt...I’d always assumed they were just making a lot more money than I was...

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