What is the average salary of top MBA colleges for consulting?

Asked by Riya Ashok Sharma about 1 month ago

4 Answers

Aarushi S

Digital Marketer

Consulting graduates from top MBA programs often secure roles with pretty high packages. For example, the Wharton School reports a median base salary of $190,000 for its graduates entering the consulting sector, along with a median signing bonus of $30,000 

Similarly, Kellogg School of Management's Class of 2023 saw a median base salary of $190,000 in consulting roles, with a median signing bonus of $30,000.At Chicago Booth, the median base salary for consulting positions was reported at $180,000, excluding bonuses When it comes to INSEAD graduates entering consulting roles had a median annual salary of €111,400, with a median sign-on bonus of €27,600 .

These figures highlight the strong earning potential for MBA graduates pursuing careers in consulting.

 


upvote icon
Upvote•5
Comment
0
Share

public user

Sushovan biswas

Business analyst

Top consulting firms pay a lot to their hired consultants. That’s why MBA graduates from certain schools earn some of the highest salaries in the industry right after graduation.

At Wharton, the numbers speak for themselves:

  • Average Consulting Salary: $190,000
  • Signing Bonus: $30,000

Kellogg shows similar compensation trends for consulting roles:

  • Average Consulting Salary: $190,000
  • Signing Bonus: $30,000

INSEAD is a top choice for consulting in Europe:

  • Average Consulting Salary: €111,400
  • Signing Bonus: €27,600

At Chicago Booth, consulting salaries are just as competitive:

  • Average Consulting Salary: $180,000
  • Signing Bonus: $30,000


So if you’re aiming for consulting, schools like Wharton, Kellogg, INSEAD, and Booth offer real value backed by proven outcomes.

 


upvote icon
Upvote•0
Comment
0
Share

public user

Mohit C

Business analyst

The average salary for consulting roles after an MBA from top B-schools ranges from $150,000 to $190,000 in base salary, depending on the school and location.

At Harvard Business School, consulting graduates earn a median $175,000 base salary.Firms like McKinsey, BCG, and Bain are the top recruiters for consulting in Harvard.

INSEAD reports an average consulting salary of $110,000–$130,000 in Europe, excluding bonuses. However, total compensation can rise to $150,000+ with sign-on and performance bonuses.

At Wharton, the consulting median salary is $190,000, with bonuses pushing total compensation to $200,000 or more.

In short, top MBA programs consistently place 30–35% of their graduates in consulting, and the overall average salary across M7 and top European schools is about $160,000 to $180,000 base, with bonuses adding significantly to this figure.

 


upvote icon
Upvote•0
Comment
0
Share

public user

Mansih K

Senior Assistant Manager in Operations Management

Most consulting jobs after top MBA programs offer starting salaries between $150,000 and $190,000, depending on the school and location. This includes base salary, with signing and performance bonuses often pushing total compensation much higher.

For example, at Harvard Business School, the median base salary for consulting is $175,000, with signing bonuses averaging $30,000. Firms like McKinsey, Bain, and BCG hire heavily from this school.

At INSEAD, consulting is also one of the most popular career paths. The average salary for consulting roles there is around $120,000 to $130,000 in Europe. When bonuses are added, many graduates earn over $150,000. 

Wharton MBA graduates entering consulting report a median salary of$190,000 with a $30,000 signing bonus. The total package can easily cross $200,000. 

So, if consulting is the goal, the top MBA colleges offer strong chances of landing high-paying roles, especially if the profile fits what firms like McKinsey or Bain look for.

 


upvote icon
Upvote•0
Comment
0
Share

public user

Confused which Schools to Target?

banner-image

Connect with our Experts for Personalized School Suggestions