{ "media_type": "text", "post_content": "What's the likelihood of making $1M+ annually 10 years after M7 MBA? What kind of roles / companies?", "post_id": "5e055191094bad00281c1c99", "reply_count": 12, "vote_count": 3, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

What's the likelihood of making $1M+ annually 10 years after M7 MBA? What kind of roles / companies?

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

There’s also the personal factors of how much you want to give up. If you plan on staying single, it’s easier. If you want a family, you’ll need a SO who is willing to take a step back and take care of things at home the majority of the time. What you want 10 years from now may not be what you want now. Just something to think about. For the most part it’s the family of rich people who get the most benefit. Don’t forget to carve out some of that enjoyment for yourself as well. Risk adjusted wise, MBB/T2 and PE are your best bets, but just be ready to give your life in return

likeuplifting

Great perspective

Tier 1 consulting. 100%.

like

This percentage seems to be dependent on getting into T1 and not being counseled out for 10+years. (I.e. survivorship bias)

like

Even tier 2 consulting you won't be way off depending on how quickly you progress. Maybe $800Kish @12 years if you get promoted at maximum pace (but that's rare). You will never touch tier 1 comp but you won't be poor. Edit: to the point below if comp is all you want IB, HF and PE are your best bets.

like

Is it better to switch from big 4 to tier 1 or just stay in big 4 and work your way up to a high salary ? Or would so many other factors apply such as what you do? Like advisory but not in strategy but in project management ?

PE, IB and consulting can all get you there (in descending order of likelihood). Tech / startups can get you a big payday but likely not the annual comp. Here’s my guess: 30% of m7 grads have a shot at this, then maybe 5% of that cohort gets there in 10 years with an incremental 5% of the cohort getting there every five years capping at 25-30% getting you to ~10% of the initial pool of that year’s m7 class by the time they’re all 50. I suspect the majority never crack 700/year.

like

What about at a big 4? Doing project delivery PMO work?

Big four partners make a great living and the pensions are great.

Related Posts

Anybody know what is post-MBA salary at MBB in Bangkok or Jakarta?

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

Has anyone taken one of those online executive courses, like the Harvard Extension School offers? Looking to use my $5k of tuition reimbursement and already have an MBA. Worth it? Best programs?

like

MBA 🐠 I took the GRE after undergrad. Happy with the score. Should I still take the GMAT before applying?

like

Grad job advice needed! Should I take a data analyst role at a no-name boutique or non-strategy/non-finance Advisory role (Physical Asset Management) in Big 4? My end goal is to end up in Strategy (MBB, LEK, Kearney, Big4Strat) after an MBA or by networking. Which role would set me up the best? Thank you kind sirs.

likehelpful

Has anyone found the AWS Cloud Practitioner Certification to be helpful for people in non-technical roles? Any experience in how potential employers view this cert would be greatly appreciated!

like

What do FT MBA students think of their EMBA counterparts? Both during the program and afterward when networking.

like

Mba hires, are you jealous of your ug hire coworkers? I mean they’re doing it younger and have the flexibility to not pay for the mba

likefunny

Does an MBA make sense if you are already at 18lpa with 3 yoe.? Would love to hear your thoughts. TIA

Generally what percentage of MBA candidates with a 1R interview end up getting offers at MBB?

like

Has anyone taken the CSM certification recently and got Deloitte to reimburse it. Please provide with the steps. TIA

like

Can anyone help me with a referral in Accenture Strategy? Is MBA mandatory or 4 YOE in Consulting domain works fine?

like

What comp should I expect for Google S&O Lead in London? 7 YOE, top MBA, 1 year at MBB

likefunny

23 and looking to apply to MBA in ~3 years. What do I need to do to better my chances for an M7? Context: Mid-level undergrad with 3.79 GPA, top of class performer at IBM, have Negotiation Mastery and Disruptive Strategy certifications from HBS, not sure what to work on next.

like

I am looking to gain certification or other credentialing in diversity and inclusion, not only because it would look good on my resume both for future job-search purposes and also to become better educated in this area, which is growing in importance. I looked at SHRM's "Inclusive Workplace Culture Specialty Credential" and got a bit of "sticker shock" at the cost - $1,655.00 for members. Does anyone have other suggestions on training/credentialing in this area?

like

Hello! I have a two part question: 1) is it worth it to obtain an SHRM specialty credential if I don’t have the broader SHRM certification? 2) has anyone gotten the People Analytics or Talent Acquistion credential? If so, how valuable was it from a learning perspective? Do you feel it significantly contributed to your knowledge in either area? Thank you!

like

Hello! I have a two part question: 1) is it worth it to obtain an SHRM specialty credential if I don’t have the broader SHRM certification? 2) has anyone gotten the People Analytics or Talent Acquistion credential? If so, how valuable was it from a learning perspective? Do you feel it significantly contributed to your knowledge in either area? Thank you!

like

Thoughts on getting a CAMS certification as a Staff/Senior?

like

Cissp worht it? ? I'm skilled in IAM and PAM currently? Feeling stuck

likefunny

Thinking about a change - been in Businees Processes for a while and thinking about Project Management- what do you all think? Probably would have to get PMP. Would I have to start all over again?

like

Additional Posts

Anyone at ATL Sky Club?

like

First day of a new project be like:

Post Photo
likefunnysmart

Resignation Notice - should I quit via zoom call or send an email to the partners?

likefunny

I think I bombed my Facebook interview 😭😭😭

like

I recently received a raise, that was given across the agency and non-performance based. I believe I’m under paid significantly based on actual performance and my role and contribution to the team. Any advice on how to ask for a raise, or if I should at all?

like

Has anyone switched from B4 to a smaller firm like BDO? Is there any real difference or is everything essentially the same and just not working with as large of clients and complex engagements?

like

What do I need to do to sponsor B2 visa for my parents? Is there a chance US grants B2 to sister and brothers as well?! I am a GC holder.

like

Anybody know what is post-MBA salary at MBB in Bangkok or Jakarta?

like

To people who have moved from big 4 to mid size, have you found it to be easier dealing with smaller clients? Are the hours/pay better?

likehelpful

It’s too early in the a.m for Delta to be giving me decisions to make.. like whether I want to take $800 to get on the next flight (that’s in 5 hours time) - 5am

likefunny

Suggestions on how to handle a Zoom interview? It will be with 3 partners at the same time (2 male founding partners and 1 female partner). I typically interview very well, but it's mostly bc I a fairly good at reading people which is a bit more difficult over Zoom. Also, any questions I should ask? I'm a 4th year and trying to lateral to a new firm with the same focus (cannabis litigation).

like

So far I’ve been through 1 IVF cycle. I have one embryo that is frozen waiting for transfer. My doctor is wanting me to do another round of IVF to back eggs for baby number two down the road. Has anyone been through this? I know of two people around my age that got pregnant naturally with their second baby after IVF. Does anyone know about banking embryos for future use instead of transferring? My insurance doesn’t cover anything so all this of out of pocket.

like

If I reimburse $X and the company adds $X to my paycheck I’m losing money right? Since I get taxed on the $X in the paycheck and end up with less then I spent

like

If you get 10cr as net worth right now, would you leave your job and retire?

like

Opinions on Account Manager SMB position at Facebook?

Is it more likely when I put my 2 weeks in that: A.) My agency will work me to the bone for the next 10 days B.) I will be pulled off projects and hopefully training and replacing my current role Thank you for voting, your representation matters.

like

If all the top consulting firms made anonymous decks or gave anonymous pitches to a client, eg no branding and the client did not know which firm made which deck, do you actually think that the client would prefer MBB?  Is MBB actually coming up with better/more innovative solutions? I feel like I see many repeat or slightly altered solutions on almost all of my cases, are these really things that people at Deloitte/Accenture etc aren’t coming up with?

likesmart

Can I join with HCL as Deputy manager?, currently I am working in Cisco as contracter employee. 11years in Infra project

like

#3/31 on the upgrade list for ORD-DFW, 2 upgraded. Can't win them all, I guess #firstworldproblems

like

How much should I ask for salary wise for a Sr. Offer? Is 115-120 reasonable?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
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

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal