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Poets & Quants

MBB Consulting Base Pay Nearing $200K For New MBA Hires

The Big Three in global consulting–McKinsey, Bain, and the Boston Consulting Group–have always paid among the highest starting salaries to newly minted MBA graduates. MBB, as the trio is generally known, will increase starting base salaries for MBA graduates in the U.S. to between $190,000 and $192,000, roughly a 10% jump from $175,000, according to a new report from the Financial Times. Increasingly, private equity firms, hedge firms, and venture capital outfits are paying among the most lucrative starting compensation to MBAs.

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