What is the exit pay after 2/3 years at top strategy - MBB, LEK, OW, etc?
I got an offer for 90k plus bonus for an in-house strategy role - is this good or bad (pretty much same base as current with less bonus).

like
Posting as :
works at
You are currently posting as works at

If you leave post MBA at either C (MBB) or M (T2) ,
You are likely to exit to senior manager strat roles in industry.

Roughly ~85-95/100k base with 10-15% bonus and sometimes a car allowance on top

like

That’s a lot lower than I expected do you know what progression is like

Depends upon the firm but within TMT (think Voda, Sky) the next level after senior manager is usually ‘head of’ or ‘director’ which you can only apply for if someone leaves the position or apply to a new team. Progression in industry is slow

If you can break into FS strat roles, the salary levels are quite different compared to most other industries

I would say it’s rather unlikely you will come in as VP in FS strat roles with 2 to 3 years experience though (assuming this is post-undergrad not MBA).

So basically unless you get a director/head of role, you'll always be taking a pay cut in industry?

So then what’s the point of MBB if you’re not staying until partner?

Often times it will take even longer to progress to that level internally and with a lower salary

Related Posts

Hi Fishes,

Please suggest which one is better ?

INFOSYS (Associate Consultant) 9LPA + 1 Joining Bonus - Bangalore
Statestreet (Cyber Security Engineer) 11 LPA (All Fixed) - Bangalore
Tietoevry (Technical Specialist) 10 LPA (All Fixed)

IAM domain - Azure and Okta. Let me know please. YOE 2.5 years

like

Hi Everyone...i have offer of Publicis Sapient as SA level1.Can anyone please help me out about how the company is in term of work culture,career growth, work life balance, yearly hike.I am really confused as my joining is near.
Tech stack : Java Backend
Thanks

like

Share your resume at helpacenreferral@gmail.com for Accenture referral in below skills.

Post Photo
like

Just got another rejection... Is exiting to FAANG or MB really this hard? Trying to go tech.. or mbb, but not getting anywhere. I have 2 masters (mba, ms) from top schools, been in consulting for over 10 years, I am confident that I know my stuff well..but still I keep getting rejected. Interviewed with Google, Amazon, Cisco, McKinsey, and a few others and every-time there is something that is not a match... are the hiring managers looking for like 100% match? That will never happen!!!

like

Hi Everyone,

I am a C++ developer with an experience of 8 years. I want to know how should I upgrade my skills to get a higher pay scale and stay relevant in the job market.

Please help me with the answers

Thanks.

like

Ok, after an HR screening (and salary requirements) I had 3 interviews. Then HR calls for references and to be “reminded” of salary requirements. All 3 references now contacted. Will I get an offer?

Hi everyone, I have endorsed a friend and he is in consideration for a role as a CSE. How long does it take for the interviews to start ?

Deloitte Federal: What is the low level of the salary band for a S&O senior consultant? $82k?

any ideas on freelance rate for vp/svp strategy director in nyc?

like

Does anyone know the salary band for a Sr. Sales Manager position at car reseller platforms such as Clutch, CarGurus or Autotrader?

Does anyone know the starting salary for Jackson Lewis in the firm's Connecticut office, as well as the billable hours requirement?

like

Just saw a posting by a recruiter on LinkedIn - great opp for those who would like to work remote! DM ME If interested: “Big 4 Senior’s in Texas- looking for a Senior Accoutant for a rapidly growing, pre IPO industry leader in Austin, TX! Open to candidates who want to relo OR work 100% remote! Position is on the INTERNAL REPORTING side. SEC Reporting a plus for assistance purposes only (team focused, highly collaborative environment), but not the primary requirement of the role. “

like

Considering going into Finance Technology roles within big4. I have have >3 years background from deloitte doing Tax Technology. Can anyone speak to these finance technology role &/or give referral?
PS left deloitte about a year ago and have done finance related work for <1 year

like

What are some exit opportunities for the Tax, Technology, and Transformation group at EY?

like

Hello all, I'm currently negotiating salary for an Associate Business Manager role at JP Morgan, London. Can anyone please help me with what base salary should I quote?

like

What would be a competitive earning for a Director of Sales at a SaaS company in Israel?

like

Wondering if anyone can give insight as to what salary range is for an insurance compliance role as an IC3 or similar?

like

Anyone working for Oracle Cerner / Cerner Corporation and can provide a referral?

like

I am looking for a senior role in financial services operational risk, controls management, preferably remote, but am open to travel for 20% to on-site or at hq. Any viable leads?

like

More Posts

Anyone feel frustrated at times with the super aggressive sales personalities we deal with? My AE is always pushing on every ask no matter how minuscule it is. My vp is super anal about anything we do. I understand these guys pull in huge commissions and bonuses that’s why they are so motivated. However what I personally feel is they just nag us until we do the job according to their spec. Just venting……anyone else feel the same?

like

What is a fair salary increase from AE to account supervisor in NYC (creative agency)? Any tips on negotiating salary with internal promotion/getting what you deserve?

like

Has anyone here been interviewed by a major news outlet? I have an opportunity but it has to do with a negative event for my employer, so I’m hesitant.

like

Some companies just aren’t built to have in-house creative teams. I know because I landed at one.

like

I think the Matrix is broken, I just had a déjà vu.

funnylike

What role “generally” pays more at Google? Product Manager or Sales Engineer?

likehelpful

So I just started a new job in sales (B2B specifically). All my life I’ve been in blue collar jobs, military, then construction work ect. I don’t have much money saved to get myself my own business cards as I’m sure they are important to have, I’ve got all the info that I need to go out and start selling. I guess what I’m looking for is just tips on how you guys were successful walking into a whole new arena if that makes sense?

like

I want to get out of warehouse work. What's a good-paying job where I don't need a lot of schooling?

like

Question about my side hustle - I'm an Instagram wellness blogger just getting started and at about 2K followers. Don't want to have all my eggs in one basket and looking into expanding to another platform. Weighing the following options : basic website, newsletter, podcast (podcast would complement or replace IG Live interviews that I currently do).

Any advice on the best next step?

like

North Highland spent an inordinate amount of time promoting Juneteenth but didnt give employees the holiday. Conversely, they say nothing to honor July 4th but we get the day off.

like

Hello Fishes, How much Amex can offer on Product Owner role at 14 years of exp ??

like

What is the salary range for M1 in Pwc sdc vs ey gds?

like
like

I have not been on a project for over 3 months. Since I joined, I have been put in training. The training got extended by a month and now it's close to 4 months since I joined and without a project.

What should I do? People say that I'm lucky to get paid without doing any work, but it is stressing me out. I need the experience. The uncertainty is freaking me out, with rumours of layoffs and the certification program and all.

How do I get into a project? How long do I have to wait more?

Can you see who filled a particular section in smartforms?

like

Jummah Mubarak Fam ☪️💚

like

Anyone here who moved from India to work in consulting in the US - I'd love to hear what you wish you know when you started - I start this summer and would love to understand expectations.

like

Jab chuna hi hai usey qatl ka hunar dekh kar

Toh mayoos kyun ho laashon ka sahar dekh kar..

Om Shanti Shanti 🙏🏾

like

Hi 🐟 s,

is there a way for tech consultants to become partner ? i am sure there would be but what would be the fastest ? is the bowl reckon quick shifts or sticking to the way on top .
love to know if there are any experiences .

like

Looking for a drinking buddy next week in Detroit. F. Mid 20s. No hookup.

like

Additional Posts in Londoners in Consulting

What goes though you mind when thinking about quitting consulting ? Considering a move to industry

like

Hi People,

Could you please help me with what salary range can be expected for a Senior UI/UX Researcher in London?
I have approx 5+ years of experience.
Cheers!

like

McKinsey & Company Can anyone confirm if McKinsey & Company are doing inflation salary adjustments as of Jan23?

like

Accenture vs ZS for WLB?

I have technology backgorund but if ZS WLB is good might consider strategy too.

like

What is the deal with people listening to videos and music on their phones, WITHOUT HEADPHONES, in public spaces?? I’ve seen a huge uptick in this on trains, the tube, in coffee shops, etc. Is this really how self-centered we’ve become? Did people forget that they need to behave differently when around others vs in lockdown at home? Wtf

like

Applied to Monitor Deloitte for SC in Corporate & Digital Strategy, currently in 'interview/assessment' stage, too late to grab a referral? Or can anyone help me out?

like

Do all applicants get invited to complete McKinsey’s Solve game?

like

Anyone moved from consulting to an internal role? How did you find it. I’m fed up of consulting

like

How closely do pwc consulting work with s&? And how common is cross staffing onto s& projects?

like
like

Looking to hire at M level for Media and Entertainment practise

Previous transactions, strategy and/or industry experience preferred.

Fast growing team with amazing people and quick promotions (12-18 months) and get to work on exciting projects

like

Hi! how long does it takes for non brits to get the work permit sort out? would like to do transfer from continental Europe to London

like

Any Deloitte fish know what the Director level role is like? We don’t have that in the US firm. Is it effectively a SM?

like

Hi Fishes,

Does anyone have worked at Vivid Economics or know about the company? There's very limited information/reviews about it. I was wondering if anyone could give me some insights, eg. the culture, people, the benefits, etc. Much appreciated!

like

Any ideas how EY comp compares to Deloitte?

like

Will move in September to London
How acceptable is 60k comp given rise in COL?
Any tips for housing areas/process etc

like

I'm moving to London next Month from Newcastle and commuting into the city center, the closest tube station is chancery lane.

I will be getting a base of £42k and was wondering what locations you all would recommend to look for a place in, by the looks of things I will almost definitely be getting a flat share

like

Does anyone know of any entry level roles of data analytics based consulting pls?

like

Accenture 🐟

How difficult is it to get the top of the range listed in the job postings? Also, are what are standard sign on bonuses?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal