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A 2nd go at salaries

 
#1 A 2nd go at salaries
12/07/2004 20:02

sarah galton

I'm currently still in the midst of my MBA course and thanks to the pickup in the consulting scene, have been invited to interviews w/ several consulting firms recently. Not sure about 'Girl Scout' who wrote some time back on the same subject matter but am guessing she's in the same predicament - Can anyone give me some clues as to what the base salaries & signing-on bonuses of (1) Accenture (2) Capgemini (3) AT Kearney (4) McKinsey, at the MBA Consultant level, are like? Cheers.

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#2 Re: A 2nd go at salaries
12/07/2004 22:49

just been there

having just gone through the full interview process with a number of leading firms, my best advice would be to leave questions regarding salary at the back of your mind. there is no point entertaining the salary question unless you have a firm offer. of all those firms you mention, the range could be anywhere between 50 and 75 but again, its all based on your perceived value etc

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#3 Re: A 2nd go at salaries
12/07/2004 23:24

Karen

Boradly agree with just been there. Upper limit is about right, but know that accenture pays below 50k, not sure of capgemini.

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#4 Re: A 2nd go at salaries
14/07/2004 16:21

Mckinsey is 100-115K... the tier I firms (BCG, Mckinsey, Bain, etc) will be significantly higher that the rest

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#5 Re: A 2nd go at salaries
15/07/2004 08:05

U 2

Pardon my ignorance. But are these salary estimates in US$, or GBP? I ask only because most posts on this website echo a british context, but the figures here sound like US$ to me. However I stand corrected.

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#6 clarification
15/07/2004 12:13

Sausage

100-ish K US bucks

70-ish K €€€€€€€

50-ish K GBP

Before tax

+ boni, benefits, car etc

at the MBB firm where I'm starting.

Some variation per country - I guess related to cost of living etc.

Hope this helps.

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#7 Re: What about the non-MBB's??
15/07/2004 13:10

Still looking

What about the non-MBB's firms? If 50+k's the ceiling, the MBA rate would be going at < 45K GBP for the rest? Hmmm... doesn't sound right. Anybody care to clarify further?

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#8 Re: What about the non-MBB's??
16/07/2004 08:38

jrewing

to be fair, <45K sounds like what I see in our firm. I am in ex-big 4 firm, just finished MBA sponsored by firm and am on 65K. Every impression I have is I get that salary because of my work over 5 yrs with the firm and the MBA is not significant (and the company sponsored me for it).

So I am not surprised by <£45K for a fresh MBA with no consulting experience. Am sure that we increase as market pick up.

Happy hunting

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#9 Re: A 2nd go at salaries
18/07/2004 22:43

just been there

i'm referring to GBP. my estimates are based loosely on anecdotal evidence gleaned from the likes of ATK, ACN and RB.

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