{"id":26842,"date":"2020-02-28T06:23:29","date_gmt":"2020-02-28T00:53:29","guid":{"rendered":"https:\/\/e-gmat.com\/blogs\/?p=26842"},"modified":"2022-11-17T16:46:42","modified_gmt":"2022-11-17T11:16:42","slug":"consulting-salaries","status":"publish","type":"post","link":"https:\/\/e-gmat.com\/blogs\/consulting-salaries\/","title":{"rendered":"Consulting Salary 2020: How much a Consultant earns post-MBA?"},"content":{"rendered":"A <\/span> 6<\/span> min read <\/span><\/span>\n

Consulting organizations (particularly management consulting firms) are some of the biggest employers of MBA graduates. You don\u2019t need to look further than the latest MBA employment reports to confirm this. Almost a third of the class at top MBA programs chose consulting as their post-MBA career in 2020. However, as the war for MBA talent heats up, the top consulting firms<\/a> are now not only fighting amongst themselves but also other industries such as finance and technology for MBA graduates. As a result of this, consulting salaries offered to MBAs in 2019-2020 are at record levels.<\/p>\n\n\n\n

2-3 years after graduation, when MBAs move into project leader and manager roles, they can expect a base salary of $220,000. At 4-5 years, when MBAs become senior project leaders and associate principals, they can earn up to $ 250,000 \u2013 $ 320,000. At the junior partner level base salary further increases to $350,000 \u2013 $420,000. And that is not all.<\/p>\n\n\n\n

At the senior partner level, you earn upwards of a million dollars annually with base salaries of $450,000-$650,000 and bonuses of $500K+.<\/p>\n\n\n\n

In this article, we take a detailed look at consulting salaries earned by MBAs in 2020 and what they can expect in 2020 and beyond.<\/p>\n\n\n\n

\"Consulting<\/figure>\n\n\n\n

Here is a brief outline of the article:<\/p>\n\n\n\n