Hi, i know this has been done before but threads feel a little outdated. In light of everything going on could someone recap MBB pay progression (out of undergrad --> 3 yoe pre-mba --> post mba) in NYC/SF. Thank you
Based on the most helpful WSO content regarding MBB compensation progression, here's a breakdown that aligns with the typical career path from undergraduate entry to post-MBA roles, specifically focusing on high-cost locations like NYC and SF. It's important to note that compensation can vary based on performance, specific office location, and market conditions, but this should give you a general idea.
Undergraduate Entry-Level (Analyst/Associate):
Base Salary: Starts around $83,000 to $90,000.
Bonus: Can range from $5,000 to $15,000 depending on firm performance and individual contribution.
Total Compensation: Approximately $88,000 to $105,000.
3 Years of Experience Pre-MBA (Senior Analyst/Associate):
Base Salary: Increases to about $100,000 to $120,000.
Bonus: More significant at this stage, ranging from $20,000 to $40,000.
Total Compensation: Roughly $120,000 to $160,000.
Post-MBA Entry-Level (Consultant/Associate):
Base Salary: Significantly jumps to around $165,000 to $175,000.
Bonus: Can be substantial, from $30,000 to $50,000, with potential for even more based on the firm's performance.
Total Compensation: Approximately $195,000 to $225,000.
Keep in mind, these figures are estimates and can fluctuate. Additional compensation elements such as signing bonuses, relocation expenses, and benefits (health insurance, retirement contributions) also play a crucial role in the overall package but are not included in this breakdown. High-cost areas like NYC and SF often see the higher end of these ranges to compensate for the increased cost of living.
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Based on the most helpful WSO content regarding MBB compensation progression, here's a breakdown that aligns with the typical career path from undergraduate entry to post-MBA roles, specifically focusing on high-cost locations like NYC and SF. It's important to note that compensation can vary based on performance, specific office location, and market conditions, but this should give you a general idea.
Undergraduate Entry-Level (Analyst/Associate):
3 Years of Experience Pre-MBA (Senior Analyst/Associate):
Post-MBA Entry-Level (Consultant/Associate):
Keep in mind, these figures are estimates and can fluctuate. Additional compensation elements such as signing bonuses, relocation expenses, and benefits (health insurance, retirement contributions) also play a crucial role in the overall package but are not included in this breakdown. High-cost areas like NYC and SF often see the higher end of these ranges to compensate for the increased cost of living.
Sources: What is the career progression for those in (IB) BO/MO?, Pre-MBA VC salary, Q&A: MBB, BB S&T+IB, Top MBA, US/Global, Q&A: Three years of MBB leaving for PE in NYC, BB in NYC vs. BB in other cities
Odio tempora earum culpa omnis. Est soluta aut aperiam praesentium fugiat maxime sunt facere. Cupiditate assumenda dicta magnam ea doloremque architecto quia.
Iure aliquam ex rerum sequi voluptatibus illum a. Est et enim repellendus rerum id cupiditate quia. Architecto aut vero incidunt dolor similique.
Vel nesciunt recusandae odit. Delectus exercitationem iure dignissimos ut quia ut laborum. Quos veritatis est veniam. Aut ea numquam atque at cum dignissimos fugiat. Ad eum est ducimus accusamus ratione occaecati.
Pariatur voluptatum recusandae alias maiores qui quibusdam voluptatem. Aut quod et quos ut. Enim odit autem veritatis tempore. Quo minus ab saepe recusandae dolor rerum assumenda.
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