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Salary at MBB vs. Big4  


Robson
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 Robson
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Hey! Does anyone have a short summary of the payment at the Big4 in comparison to MBB? I think Big4 and MBB have about the same average on a salary, don't they?
THanks

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Andrea
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 Andrea
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In my country, Italy, a starting salary (e.g. business analyst) at MBB would be 1,3 times the one in Big4. Gross wages are +40k versus +30k. 

Cheers

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FilippoIguera
(@filippoiguera)
Joined: 6 months ago

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Posts: 14

@Andrea

I don't get why in Italy consultants are paid so much less than in most other countries.

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Andrea
 Andrea
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@filippoiguera I'd say that is true not only aboult consultants, but, in general, about every professional category. So the answer can be found in macro factors like: lower cost of living, higher unemployment rate, stagnating productivity compared to Germany, France, Uk. It's a long and complex topic, probably the best answer is "why should they pay more?" 😀 

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FilippoIguera
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@Andrea Thank you 🤣 

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L - Rathke
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Hello Robson, those are the numbers for 2019:

You can see that MBB pays about 10% more than Big 4 😉

 

 

Undergraduate entry at MBB:

-------------------------------------------------------------------------------------------------
McKinsey:
                          Bain:                            BCG:
$85k                                               $85k                                           $90k 
 
Bonus: $15k                          Bonus: $12k                       Bonus: $17k
Signing bonus: $5k          Signing bonus: $5k         Signing bonus: $5k
 
--------------------------------------------------------------------------------------------------

 

Undergraduate entry at Big4:

------------------------------------------------------------------------------------------------------------------------------------------
Deloitte:
                              KPMG:                                    E&Y:                              PwC: 
$87k                                                $75k                                                         $75k                                             $75k

Bonus: /                                 Bonus: $8k                                    Bonus: /                             Bonus: $19k
Signing bonus: $12k          Signing bonus: $8k                    Signing bonus: $5k        Signing bonus: $5k

-------------------------------------------------------------------------------------------------------------------------------------------

 

 

Ph.D. or MBA entry at MBB:

-------------------------------------------------------------------------------------------------
McKinsey:
                          Bain:                              BCG:
$165k                                             $165k                                           $167k 
 
Bonus: $35k                          Bonus: $41k                        Bonus: $45k
Signing bonus: $30k        Signing bonus: $25k        Signing bonus: $25k

--------------------------------------------------------------------------------------------------

 

Ph.D. or MBA entry at Big4:

------------------------------------------------------------------------------------------------------------------------------------------
Deloitte:
                               KPMG:                                      E&Y:                                   PwC: 
$145k                                               $150k                                                         $150k                                               $145k

Bonus: $35k                           Bonus: $25k                                  Bonus: $10k                            Bonus: $29k
Signing bonus: $20k           Signing bonus: $35k                  Signing bonus: $25k           Signing bonus: $30k

-------------------------------------------------------------------------------------------------------------------------------------------

 

source

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