Business Consultant Salary Atlanta
Business Consultant Salary Atlanta – It’s no secret that MBA consultant salaries continue to skyrocket. Banking and tech are the only other sectors that provide any sort of competition to consulting salaries. So if current (and future) comp is the most important factor in your decision between consulting firms or industries, you probably want to know the best 10 consulting firms for MBA consulting salaries.
Well, you’ve come to the right place. We have made it easy for you to get a snapshot of the highest paying MBA consulting companies. The even better news? At the top firms, a Harvard MBA salary is exactly the same as a Stanford MBA salary is exactly the same as an MBA salary from any other program. Everyone who lands an offer starts at the same base salary level (notable exception: Big 4 firms often adjust base salaries for cost of living. So your salary in NYC will be higher than in Atlanta).
Business Consultant Salary Atlanta
We determined the best consulting firm rankings by the potential total compensation you could receive in year 1 of an MBA program. For the purposes of this list, total compensation includes base salary, signing bonus, and performance bonus. Note that only the top 5-10% of performers will receive the maximum performance bonus, with most consultants receiving half the maximum amount.
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If money is a big factor in your decision, we recommend prioritizing the firms that offer higher base salaries versus the potential for high performance bonuses. You can find the full breakdown in our salaries report.
If money is a big factor in your decision, we recommend prioritizing the firms that offer higher base salaries versus the potential for high performance bonuses.
In something of a surprise, EY-Parthenon checks in at #10 on our list of best consulting firms for consulting salary. Why is this a surprise? The company actually leads the pack in terms of highest base salary for MBAs. While your EY-Parthenon base salary is $170,000, performance bonuses are capped and the signing bonus is on par with competitors. Add it all together, and your potential total first-year compensation is a cool $215,000—good, but there’s the potential for more elsewhere.
Another mini surprise, as the Big 4’s premier strategy practice checks in at number 8 on our list. Compensation at Deloitte S&O is solid all the way around, with a $160,000 base salary (only $5,000 less than MBB) and up to a $40,000 performance bonus. What makes Deloitte S&O somewhat unique among firms is that it does not engage in full-time on-campus hiring for MBAs. Yes, that’s right—the company only hires from its MBA intern class. And if you sign up early, you get a $30,000 signing bonus. Decide to sign later, and the signing bonus drops to $10,000.
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We had our first MBB sighting! A McKinsey salary so low on our list? That’s right – McKinsey checks in on our Best Consulting Firms for Consulting Salary Ranking with a $165,000 base salary. Add a performance bonus of up to $35,000 and a $30,000 signing bonus to round out the cash compensation, and you’re looking at earning up to $230,000 in your first year. Nothing to sneeze at, and in the ballpark of the rest of the firms on our list. But McKinsey’s total compensation isn’t as high as its reputation — one of the reasons the firm can get away with not being No. 1 on the list.
Bain’s MBA salary matches McKinsey and BCG exactly at the base level: $165,000. But Bain offers a higher performance bonus than McKinsey, worth up to $41,250. and BCG) and your maximum total compensation is over $236,000. Even better? You can expect an increase of 10-15% each year, with an increase of 30-40% in promotion years.
BCG is in exactly the same boat as Bain. Both firms offer higher potential performance bonuses to their MBA consultants than McKinsey does, pushing their maximum compensation slightly higher. So which company should you choose? The one where you feel like you are a better cultural fit. The best way to determine this is through the networking process. In addition, check out our Article Guide for resources to determine fit and learn about different consulting firm cultures.
Kearney is one of the top boutique firms around, as evidenced by some of the toughest (and most quantum-heavy) cases we’ve seen. The company has a stellar reputation, and is one of the few firms that makes it possible for its consultants to transition into McKinsey, Bain or BCG down the road. The company is also known for its supply chain expertise – if you have designs on staying in the supply chain world for the long term, Kearney may be the best fit for you.
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Another top boutique that makes a strong showing on our list of best consulting firms for consulting salaries. LEK has long been known for its strategy chops, particularly in the healthcare and life sciences space. The company is growing rapidly, and with offices around the world, there is no shortage of opportunities to do great work for established international clients. LEK matches McKinsey, Bain and BCG with a $165,000 base salary for MBA hires, but its bonus structure is not what BCG and Bain offer. Where the company makes up for this is in the up to $50,000 in signing bonuses it offers to returning interns. $25,000 of this is contingent on a candidate being a returning intern. If you are a full-time hire and are not a summer intern, your first year total compensation would be $225,000. The additional $25,000 signing bonus for returning interns pushes the LEK salary into the top 5 on our list of Best consulting firms for consulting salary.
Accenture has long been known as one of the world’s premier technology consulting firms. But in recent years, the company’s strategic practice has made waves by combining its technological prowess with cutting-edge business thinking, focusing on providing competitive agility for its clients. The company doesn’t pay badly either. While MBA base pay is lower than competitors ($155,000), the company makes up for it with a $30,000 performance bonus that all 1 year of an MBA program receive. In addition, it pays top performers an additional $15,000 performance bonus. And while all signees receive a $30,000 signing bonus, returning interns who sign early receive an additional $17,500, bringing your maximum first-year compensation to $247,500.
AlixPartners is a company that has pioneered a unique methodology through its meteoric rise in the consulting industry. While the firm works across industries and practice areas, it is best known for its Turnaround & Restructuring Group. This also explains why the maximum performance bonus that the company offers is incredibly high – $60,000. With a competitive base salary (between $160-165,000 depending on the office) and potential for lucrative bonuses, AlixPartners is well on its Way to compete for top talent in name-brand MBA programs.
Strategy & (not so recently acquired by PwC) is #1 on our list of best consulting firms for consulting salary. The company beats MBB on base salary ($168,000 vs. $165,000) and offers a maximum performance bonus of 33% base salary. If you don’t feel like doing the math, that’s a maximum performance bonus of $55,400. Add that to the $30,000 signing bonus, and you have the potential as a 1-year MBA to make more in strategy and As in no other. Consulting company.
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Your consulting salary is certainly an important factor in deciding which company to pursue. This list of best consulting firms for consulting salary gives you a solid understanding of the hard numbers, but you still have work to do. Consulting firm culture can affect your overall experience more than any other factor. Do your homework to understand not only firm culture, but your own make-up and desires. What culture would you best thrive in? What do you value most in a work environment? What consulting company culture can offer you the non-event benefits you are looking for?
True, there is no perfect company. However, your colleagues will play the biggest part in determining your experience. You’ll be working some long hours, especially in your early years, so make sure you’re working those hours with people you really like and respect. Go out and use the list of best consulting companies for consulting salary as one tool in your tool belt, and like Indiana Jones in the last crusade – “choose wisely”! We analyzed self-reported Salesforce salary information submitted by professionals around the world on well-known platforms like Indeed.com, Payscale.com, Glassdoor.com. We also included data from a survey report on MasonFrank.com to provide a meaningful overview of current salary trends across US.
The number of the listed states taken for the analysis of salaries of certain positions may
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