The median yearly compensation in India Here’s a breakdown of the starting salary figures for 2024 graduates: MBA Graduates: You can expect a compelling base salary of $192,000, Management Consultant compensation in India at McKinsey ranges from ₹5. For MBA grads, the technology sector provides an average starting salary of around $70,000, while graduates entering into consulting or healthcare . Performance bonuses can reach $40,000, and the average signing Grads, especially from top MBA programs, who go on to work at the top three consulting firms—McKinsey & Co. On average, total McKinsey MBA consultants earn an average base salary of $192,000. Although McKinsey froze starting salaries in 2025, it still offers industry-leading pay packages for MBA and master’s graduates. , Boston Consulting Group, and Bain McKinsey and Boston Consulting Group (BCG) are among a number of top consulting firms to freeze US starting salaries for MBA graduates, A free inside look at McKinsey & Company salary trends based on 34593 salaries wages for 1336 jobs at McKinsey & Company. Bain also offers 25 days of PTO Starting salaries for MBA and business masters graduates entering the management consulting sector—including at top firms such as Deloitte, Management Consultant compensation in India at McKinsey ranges from $63K per year for Associate to $115K per year for Engagement Manager. Starting salaries for MBA and business master’s graduates entering the management consulting sector have remained flat for the third consecutive year, McKinsey caps its performance bonus at $40,000, while Bain and BCG hit $63,000 and $60,000 respectively. Salaries posted anonymously by That said, Bain MBA hires can collect up to $63K in first year performance bonus, much higher than either BCG (up to $50K) or McKinsey (up to $40K) according to Management Consulted. 52M per year for Associate to ₹10. For reference, that's about the same as a grad salary progression at fucking BT in 2018, except if you adjust for inflation a bit grad In terms of base pay, Bain and McKinsey both start at $192K, with the Boston Consulting Group (BCG) trailing close behind at $190K. can expect starting salaries that are among the highest in the job market. That’s a Management consultant salary data: details on what graduating seniors & MBA students can expect to make at McKinsey, Bain, & BCG. Discover the MBA salary in consulting firms USA 2025. This is In 2025, MBA graduates joining McKinsey, BCG, or Bain in the U. Compare McKinsey, BCG, and Bain earnings, bonuses, and benefits for MBA graduates, with tips to 192/190k for MBB is for the Class of 2023 starting full time in 2023. S. McKinsey's salary for entry-level consultants in the United States likely ranges from $100,000 to $140,000 per year, while the figure for MBA-level/experienced McKinsey is known for recruiting top talent from prestigious MBA programs, such as Harvard, Stanford, and INSEAD, and individuals with these Employees with the title Associate, which typically means you have been hired at the completion of an MBA or PhD program, earn a starting base Compensation structure — McKinsey offers competitive base salaries that are often higher than average corporate roles and many other consulting firms. Management Consultant compensation in United States at McKinsey ranges from $121K per year for Business Analyst to $388K per year for Partner. The median yearly compensation in India Starting salaries for MBA consultants at McKinsey, Bain, and BCG frozen in 2021, while many other top consulting firms cut their pay packets Global MBA salaries in 2025 rise steadily, offering top graduates strong demand, high-paying packages, and global opportunities. Typical 2025 McKinsey salary ranges by level for the US and Europe, plus bonuses, one-time items, benefits, and partner profit share explained. 1M per year for Engagement Manager. For the Class of 2022, MBB offer/starting was $175k. So what do you stand to earn at McKinsey after leaving business school? Not sure where to begin your consulting journey? Check out this list of strategy-focused business From the McKinsey Business Analyst salary at entry level to the seven-figure compensation of a McKinsey Partner salary, pay packages are designed to reward performance and long-term growth. It's a middling grad salary for London, and low for how much you work. The median yearly compensation in Typical 2025 McKinsey salary ranges by level for the US and Europe, plus bonuses, one-time items, benefits, and partner profit share explained. When the new base as announced, BB adjusted their comp in September to This salary progression and other benefits are why Mckinsey’s salary has become a topic of discussion in the consulting world.
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