Salaries for Incoming Undergraduate/Master’s Full-Time Hires
AArete Undergraduate/Master’s Salary
- Base: $112,000
- Performance Bonus: up to $16,000
- Total Cash (sum of above): up to $128,000
- Retirement: 3% match for 401k
Accenture Strategy Undergraduate/Master’s Salary
- Base: $85,000 (Canada: C$75,000)
- Performance Bonus: up to $8,500 (10% of base)
- Total Cash (sum of above): up to $93,500
- Retirement: 6% match for 401k after 1st year
- Stock: 15% discount on Accenture stock
- Signing Bonus: $12,500 (Canada: C$10,000)
- Relocation: up to $5,000
Alvarez & Marsal Undergraduate/Master’s Salary
- Base: $65-82,000
- Performance Bonus: up to $16,400 (uncapped bonus if in restructuring/turnaround group)
- Total Cash (sum of above): up to $98,400
- Signing Bonus: $5-10,000
A.T. Kearney Undergraduate/Master’s Salary
- Base: $80,000 (Canada: C$70,000)
- Performance Bonus: up to $16,000 (20% of base in U.S. and Canada)
- Total Cash (sum of above): up to $96,000
- Retirement: 6% match for 401k
- Profit Sharing: up to $8,000 (10% of base depending on firm performance)
- Signing Bonus: $5,000 (Canada: C$5,000)
- Relocation: up to $10,000 (Canada: up to C$10,000)
Baker Tilly Virchow Krause Undergraduate/Master’s Salary
- Base: $66,000
- Signing Bonus: $4,000
Bain & Company Undergraduate/Master’s Salary
- Base: $85,000 (UK: £45,500)
- Performance Bonus: up to $15,300 (18% of base)
- Total Cash (sum of above): up to $100,300
- Retirement: 4.5% of base + bonus into 401k, no contribution required
- Signing Bonus: $5,000 (UK: £3,000)
- Relocation: $5,000
Boston Consulting Group (BCG) Undergraduate/Master’s Salary
- Base: $90,000 (Canada: C$82,000) (Aus: A$67,000) (Germany: €68,500)
- Performance Bonus: up to $16,800
- Total Cash (sum of above): up to $106,800
- Retirement: Profit sharing deposited into 401k account
- Profit Sharing: up to $4,400
- Signing Bonus: $5,000 (Canada: C$8,000) (Aus: A$15,000)
- Relocation: $2-8,000 (Germany: €3-10,000)
Booz Allen Hamilton Undergraduate/Master’s Salary
- Base: $75-101,000 depending on experience (Dubai, Abu Dhabi, Doha, Beirut, Riyadh: $60-80,000)
- Performance Bonus: $6,060-11,250 (Dubai, Abu Dhabi, Doha, Beirut, Riyadh: $9-12,000)
- Allowances: 40% of base paid in Dubai/Abu Dhabi/Doha; 30% in Riyadh
- Total Cash (sum of above): up to $112,250
- Retirement: 6% match for 401k (Dubai, Abu Dhabi, Doha, Beirut, Riyadh: 1 month of latest salary per year of service)
- Relocation: up to $5,000 (Dubai, Abu Dhabi: up to $15,000)
Cognizant Technology Solutions Undergraduate/Master’s Salary
- Base: $65,000
- Performance Bonus: up to $3,000
- Total Cash (sum of above): up to $68,000
- Retirement: 50% 401k match for first 6% of salary (after 1st year)
- Signing Bonus: $5,000
- Retention Bonus: $5,000 (after 1st and 2nd years)
Cornerstone Research Undergraduate/Master’s Salary
- Base: $82,500
- Performance Bonus: $8,250 (target 10% of base)
- Total Cash (sum of above): up to $90,750
- Retirement: 50% match for first 6% of individual contributions in 401k
- Signing Bonus: $15,000
- Relocation: 100% of moving expenses; 4 nights in hotel while house hunting; all broker fees
Deloitte Undergraduate/Master’s Salary
- Base: $79,000 (UK: £33,000)
- Performance Bonus: UK: up to £1,650
- Total Cash (sum of above): $79,000 (UK: up to £49,050)
- Retirement: 150% match for individual contributions
Deloitte S&O Undergraduate/Master’s Salary
- Base: $80-94,000 (Canada: C$70,000) (UK: £39,500) (Germany: €50,500) (NZ: NZ$47,000)
- Performance Bonus: Only after 3rd year (15% of base) (Canada: up to 10%) (UK: up to 5%)
- Total Cash (sum of above): up to $80-94,000
- Retirement: 25% match for first 6% of individual contributions in 401k
- Signing Bonus: $12,500 (Canada: C$5,000) (NZ: NZ$2,000)
Deloitte S&O Government and Public Sector Undergraduate/Master’s Salary
- Base: $84,000
- Total Cash (sum of above): $84,000
- Signing Bonus: $10,000
- Relocation: $2,500
EY Undergraduate/Master’s Salary
- Base: $75,000 (Canada: C$65-70,000)
- Performance Bonus: None (1.5x overtime pay instead)
- Total Cash (sum of above): $75,000 + overtime
- Retirement: 6% match of base into 401k
- Signing Bonus: $3-7,500
- Relocation: up to $2,000
EY-Parthenon Undergraduate/Master’s Salary
- Base: $92,000 (UK: £46,000)
- Performance Bonus: up to $9,200 (10% of base)
- Total Cash (sum of above): $101,400
- Signing Bonus: $10,000
- Relocation: up to $2,000 (local)
FTI Consulting Undergraduate/Master’s Salary
- Base: $68,000
- Performance Bonus: up to $10,000
- Total Cash (sum of above): up to $78,000
- Signing Bonus: $7,000
- Relocation: up to $1,000
Huron Undergraduate/Master’s Salary
- Base: $67-72,000
- Performance Bonus: up to $7,200 (10% of base)
- Total Cash (sum of above): up to $79,200
- Retirement: 6% match of base into 401k
- Stock: $5,000 (25% match of personal investment up to $20,000)
- Signing Bonus: $5,000
- Travel Bonus: up to $3,750 (typically $3,000)
- Relocation: up to $2,000
IBM Global Business Services Undergraduate/Master’s Salary
- Base: $75,000 (Canada: C$68,000)
- Performance Bonus: up to $8,400 (12% of base)
- Total Cash (sum of above): up to $83,400
- Retirement: 5% match of base into 401k
- Signing Bonus: $7,000 (Canada: C$5,000)
- Relocation: up to $3,000
IQVIA Consulting Services (formerly IMS Consulting Group) Undergraduate/Master’s Salary
- Base: $74,000
- Performance Bonus: up to $7,400 (10% of base)
- Total Cash (sum of above): up to $81,400
- Retirement: 0.5% match for every 1%; up to 3% max match
- Signing Bonus: $5,000
- Relocation: None
KPMG Undergraduate/Master’s Salary
- Base: $75,000 (Canada: C$62,000) (UK: £32,000)
- Performance Bonus: up to $8,160
- Total Cash (sum of above): up to $83,160
- Signing Bonus: $7,500
- Relocation: up to $2,000
L.E.K. Undergraduate/Master’s Salary
- Base: $74,000
- Performance Bonus: up to $14,800 (20% of base)
- Total Cash (sum of above): up to $88,800
- Signing Bonus: $7,500
- Relocation: up to $2,500
McKinsey & Company Undergraduate/Master’s Salary
- Base: $85,000 (AUD: A$67,000) (Canada: C$82,500) (Germany: €67,000) (UK: £43,000) (Taipei: $38,876)
- Performance Bonus: up to $15,000 (Australia: up to A$15,000) (Taipei: up to $5,000)
- Total Cash (sum of above): up to $100,000
- Retirement: $7,500 (Canada: C$10,000 to RRSP)
- Signing Bonus: $5,000 (Canada: C$5,000) (UK: £$3,000) (AUD: A$2,000)
- Relocation: $2-10,000 (Germany: €3-€5,000)
Mercer Undergraduate/Master’s Salary
- Base: $68,000 (Canada: C$61,000)
- Performance Bonus: U.S.: No bonus, instead 1.5x pay for hours over 40/week. Canada: ~5% target bonus, no OT pay
- Total Cash (sum of above): $68,000 + overtime
- Signing Bonus: $3,000
- Relocation: up to $2,000
Navigant Consulting Undergraduate/Master’s Salary
- Base: $72,000
- Signing Bonus: $6,000
Novantas Undergraduate/Master’s Salary
- Base: $72,000 (Canada: C$72,000)
- Performance Bonus: up to $14,400
- Total Cash (sum of above): up to $86,400
- Retirement: 401k – 4% match
- Signing Bonus: $5,000 (Canada: C$5,000)
- Relocation: up to $5,000
OC&C Undergraduate/Master’s Salary
- Base: $83,000 (UK: £45,000)
- Performance Bonus: up to $20,000
- Total cash (sum of above): up to $103,000
- Retirement: 401K – up to 3.5% match at start of second year
- Signing Bonus: $7,500 (UK: £7,000)
- Relocation: $5,000
Oliver Wyman Undergraduate/Master’s Salary
- Base: $85,000 (Canada: $75,000) (UK: £43,000) (Amsterdam: €58,000) (Singapore: S$90,000)
- Performance Bonus: up to $16,000 (Amsterdam: up to €27,000)
- Total cash (sum of above): up to $101,000
- Signing Bonus: $10,000 (Canada: C$10,000) (UK: £7,000)
- Relocation: up to $2,000 (Singapore: $10,000)
PwC (including Strategy&) Undergraduate/Master’s Salary
- Base: $85,000 (Canada: C$65,000)
- Performance Bonus: up to $17,000 (20% of base)
- Total Cash (sum of above): up to $102,000
- Signing Bonus: $5,000
- Relocation: up to $2,000
Simon & Kucher Undergraduate/Master’s Salary
- Base: $75,000 (Dubai: $70,000)
- Performance Bonus: up to $4,500
- Total Cash (sum of above): up to $79,500
- Retirement: 3% match for 401k
- Signing Bonus: $5,000
- Relocation: up to $1,500
West Monroe Partners Undergraduate/Master’s Salary
- Base: $77,000
- Performance Bonus: up to $3,850
- Total Cash (sum of above): up to $80,850
- Signing Bonus: $7,000
- Travel Bonus: Additional $4,000 for every 30 nights on the road
ZS Associates Undergraduate/Master’s Salary
- Base: $70,000 (Canada: C$75,000)
- Performance Bonus: up to $7,000 (10% of base)
- Total Cash (sum of above): up to $77,000
- Retirement: 3% match for 401k
- Signing Bonus: $6,500 (Canada: C$5,000)
- Relocation: up to $4,000 (Canada: up to C$2,500)
Salaries for Incoming MBA/PhD Full-Time Hires
Accenture Strategy MBA/PhD Salary
- Base: $150,000 (Canada: C$135,000)
- Performance Bonus: $30,000 (all 1st years out of MBA) + $15,000 for top performers
- Total Cash (sum of above): up to $195,000
- Retirement: 6% match for 401k
- Tuition Reimbursement: up to $80,000 ($50,000 after taxes)
- Signing Bonus: $25,000 + $17,500 early sign on for returning interns (Canada: C$25,000)
- Relocation: up to $10,000
AlixPartners MBA/PhD Salary
- Base: $160,000
- Performance Bonus: up to $60,000
- Total Cash (sum of above): up to $220,000
- Signing Bonus: $25,000 (Canada: C$25,000)
- Relocation: up to $10,000
Alvarez & Marsal MBA/PhD Salary
- Base: $120,000
- Performance Bonus: up to $48,000 (40% of base)
- Total Cash (sum of above): up to $168,000
- Signing Bonus: $10,000
A.T. Kearney MBA/PhD Salary
- Base: $158,000 (Canada: C$153,000) (Germany: €85,000)
- Performance Bonus: up to $44,100 (Canada: up to C$45,900) (Germany: up to €16,000)
- Total Cash (sum of above): $202,100
- Retirement: 401k contribution up to $8,000
- Signing Bonus: $25,000 (plus $10,000 for summer interns). Canada: C$20,000
- Relocation: up to $10,000 (Canada: C$5,000) (Germany: up to €5,000)
Bain & Company MBA/PhD Salary
- Base: $165,000 (UK: £85,000) (Thailand: ?3,600,000)
- Performance Bonus: up to $41,250 (Thailand: up to ?700,000)
- Total Cash (sum of above): up to $206,250
- Retirement: 401k contribution up to $8,000
- Signing Bonus: $25,000 (Thailand: ?980,000)
- Relocation: up to $5,000 (Thailand: ?230,000)
Boston Consulting Group (BCG) MBA/PhD Salary
- Base: $165-170,000 (UK: £90,000)
- Performance Bonus: up to $45,000 (UK: up to £25,000)
- Total Cash (sum of above): up to $215,000
- Retirement: $10,260 into 401k
- Signing Bonus: $25,000
- Relocation: $2-8,000
Booz Allen Hamilton MBA/PhD Salary
- Base: $140,000 (Middle East)
- Performance Bonus: up to $35,000 (25% of base; Middle East)
- Allowances: 40% of base ($56,000) only paid to Dubai/Abu Dhabi/Doha | 30% for Riyadh
- Total Cash (sum of above): up to $231,000 (Dubai, Abu Dhabi, Doha). Up to $217,000 (Riyadh)
- Relocation: up to $25,000 (Middle East)
CCG Catalyst Consulting Group MBA/PhD Salary
- Base: $150,000
- Performance Bonus: up to $15,000
- Total Cash (sum of above): up to $165,000
- Retirement: 5% match for 401k
Cognizant Business Consulting MBA/PhD Salary
- Base: $125,000
- Performance Bonus: up to $15,000
- Total Cash (sum of above): up to $140,000
- Signing Bonus: $20,000 (Dubai: $30,000)
- Relocation: up to $6,000
Deloitte Consulting MBA/PhD Salary
- Base: Canada: C$80,000 (Toronto)
- Signing Bonus: C$10,000
Deloitte Human Capital MBA/PhD Salary
- Base: $140,000
- Performance Bonus: up to $32,200 (23% of base)
- Total Cash (sum of above): $172,200
- Retirement: 1.5% match of first 6% into 401k
Deloitte Federal MBA/PhD Salary
- Base: $128,000
- Performance Bonus: up to $7,600
- Total Cash (sum of above): up to $135,600
- Signing Bonus: $15,000
Deloitte S&O MBA/PhD Salary
- Base: $160,000 (Toronto: C$105,000) (Calgary: C$100,000)
- Performance Bonus: up to $45,000
- Total Cash (sum of above): $205,000
- Retirement: 25% match of first 6% into 401k (a total of 1.5%)
- Tuition Reimbursement: Full 2nd year tuition for returning interns
- Signing Bonus: $15-25,000 (additional $17,500 for returning interns, $30K early signing) (Canada: C$15,000)
- Relocation: up to $10,000
ECG Management Consultants MBA/PhD Salary
- Base: $115,000
- Performance Bonus: up to $15,000
- Total Cash (sum of above): up to $130,000
- Retirement: up to $14,950
EY MBA/PhD Salary
- Base: $150,000 (UK: £85,000) (Hungary: Ft560,000)
- Performance Bonus: up to $10,000 (UK: up to 20%) (Hungary: up to 8%)
- Total Cash (sum of above): up to $160,000
- Retirement: Match up to 6%
- Signing Bonus: $25,000 (UK: £15,000)
- Relocation: up to $5,000
IBM Global Business Services MBA/PhD Salary
- Base: $150,000
- Performance Bonus: up to $15,000
- Total Cash (sum of above): up to $165,000
- Signing Bonus: $25,000 (additional $15,000 for returning interns)
- Relocation: up to $6,500
IMS Consulting Group MBA/PhD Salary
- Base: $130,000
- Performance Bonus: up to $16,250
- Total Cash (sum of above): up to $146,250
- Signing Bonus: $25,000
- Relocation: up to $8,000
Infosys MBA/PhD Salary
- Base: $122,500
- Performance Bonus: up to $25,000
- Total Cash (sum of above): $147,500
- Signing Bonus: $20,000
- Relocation: up to $3,000
Kalypso MBA/PhD Salary
- Base: $124,000
- Performance Bonus: up to $15,000
- Total Cash (sum of above): $139,000
- Signing Bonus: $15,000
- Relocation: up to $3,000
KPMG MBA/PhD Salary
- Base: $150,000 (India: 2,100,000 INR)
- Performance Bonus: up to $25,000 (India: up to 400,000 INR)
- Total Cash (sum of above): up to $175,000
- Signing Bonus: up to $35,000
- Relocation: up to $5,000
L.E.K. MBA/PhD Salary
- Base: $165,000
- Performance Bonus: up to $17,000
- Total Cash (sum of above): up to $182,000
- Profit Sharing: up to $27,000
- Signing Bonus: $25,000 (additional $25,000 for returning interns)
- Relocation: up to $5,000
McKinsey & Company MBA/PhD Salary
- Base: $165,000 (UK: £84,000) (Germany: €105,000)
- Performance Bonus: up to $35,000
- Total Cash (sum of above): up to $200,000
- Retirement: 7.5% into 401k
- Signing Bonus: $30,000 (Germany: negotiable)
- Relocation: $2-9,000 (Germany: negotiable)
Mercer MBA/PhD Salary
- Base: $110,000
- Performance Bonus: up to $22,000 (20% of base)
- Total Cash (sum of above): up to $132,000
- Signing Bonus: $20,000
- Relocation: up to $3,000
OC&C MBA/PhD Salary
- Base: $146,000
- Performance Bonus: up to $50,000
- Total Cash (sum of above): up to $196,000
- Retirement: 401k – up to 3.5% match at start of 2nd year
- Signing Bonus: $25,000
Oliver Wyman MBA/PhD Salary
- Base: $145,000
- Performance Bonus: up to $36,250
- Total Cash (sum of above): up to $181,250
- Retirement: 401k – up to 3.5% match at start of 2nd year
- Signing Bonus: $45,000
Parthenon-EY (including EY S&O) MBA/PhD Salary
- Base: $170,000
- Performance Bonus: up to $9,000
- Total Cash (sum of above): up to $179,000
- Signing Bonus: $35,000
- Relocation: up to $2,000
PwC MBA/PhD Salary
- Base: $150,000
- Performance Bonus: up to $35,000
- Total Cash (sum of above): up to $185,000
- Retirement: 25% match up to 6%; 1% immediate separate contribution
- Signing Bonus: $30,000
- Relocation: $2,000
Roland Berger MBA/PhD Salary
- Base: £78,000 (UK)
- Performance Bonus: up to £23,400
- Total Cash (sum of above): up to £111,400
Samsung Global Strategy Group MBA/PhD Salary
- Base: $167,000 (based in Seoul)
- Performance Bonus: up to $33,400
- Total Cash (sum of above): up to $200,400
- Starting Bonus: $40,000
- Relocation: Included in starting bonus
Simon & Kucher MBA/PhD Salary
- Base: $140,000 (PhD: $100,000)
- Performance Bonus: up to $33,600 (up to 24% of base)
- Total Cash (sum of above): up to $173,600
- Retirement: full match up to 3% of base salary
- Signing Bonus: $20,000 (half paid at signing, half paid after 1st year)
- Relocation: up to $3,750
Strategy& MBA/PhD Salary
- Base: $168,000
- Performance Bonus: up to $55,400 (33% of base)
- Total Cash (sum of above): up to $223,400
- Retirement: 4% automatic (no match required); 25% match up to 6% in a separate account
- Signing Bonus: $30,000
- Relocation: up to $3,000
ZS Associates MBA/PhD Salary
- Base: $145,000 (NYC: $156,000)
- Performance Bonus: up to $21,750
- Total Cash (sum of above): up to $166,750
- Signing Bonus: $30,000
- Relocation: up to $5,000
- Tuition Reimbursement: 2nd Year Tuition Reimbursement for returning interns
Internship Salaries
Internships range from 9-12 weeks in the United States to 10-16 weeks in Canada and the EMEA. Monthly internship salaries are typically prorated based on starting salaries for new hires. Here are the 2019 internship salaries:
Undergraduate/Master’s Program Internships
- Accenture Strategy: $32/hr + $2,000 signing bonus and overtime
- A.T. Kearney: $12,000
- Bain: $15,000 (10 weeks)
- BCG: $15,000 (10 weeks)
- Deloitte: $35/hour + overtime (10 weeks). $30.77/hr + overtime (Atlanta)
- EY: $30/hour + overtime
- EY-Parthenon: $13,750 (10 weeks) + $47.60/hr overtime
- Huron: $21/hour + $2,000 signing bonus
- IMS Consulting Group: $12,000
- Insight Sourcing: $1,100/week
- KPMG: $29/hour
- L.E.K.: $12,000
- McKinsey: $15,000 (10 weeks)
- OC&C: $12,770 (8 weeks)
- Oliver Wyman: $11,750 + $2500 signing bonus (9 weeks)
- PwC: $36-39/hour + overtime (Hong Kong: HK$7000/month)
- Strategy&: $38/hour
- ZS Associates: $5,000/month
MBA/PhD Program Internships
- Accenture Strategy: $30,000 (10 weeks) + $5,000 relocation
- AT Kearney: $12,300/month
- Bain: $32,000 (10 weeks)
- BCG: $32,000 (Canada: C$4000/week)
- Deloitte: $30,000 + full 2nd year MBA tuition for returning interns
- EY: $27,500 ($11,000/month for 10 weeks)
- IBM: $25,000 + $4,500 relocation (10 weeks)
- IQVIA (formerly IMS): $11,500/month + $5,000 signing bonus
- L.E.K.: $28,125 (9 weeks) + up to $25,000 tuition reimbursement for returning MBA interns
- Kalypso: $25,000 ($10,000/month for 10 weeks)
- KPMG: $66/hour ($99/hour for overtime, 10 weeks)
- McKinsey: $32,000 (10 weeks)
- Parthenon-EY: $28,000 + $5,000 signing bonus (10 weeks)
- PwC: $12,500/month
- Simon & Kucher: $9,750/month + $3,510 guaranteed bonus
- Strategy&: $12,000/month
- ZS Associates: $11,500/month + $5,000 signing bonus
