Business

13 consulting firms where MBA and PhD grads can make over $200,000 right out of school

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It’s no secret that management consultants can make six-figures right out of business school. But firms can vary considerably in their total compensation packages. 

According to Management Consulted, the pandemic halted growth for consulting salaries, which usually increase by 2% to 4% annually. Some consulting firms saw a hiring freeze in 2021, but notable firms like Bain & Company and McKinsey continued growing rapidly. 

As a whole, consulting firms have followed a two-year trend of increasing hires of specialists, especially those with technical expertise. And digital solutions — using data, AI, and modern technology to help businesses and organizations grow — continue to drive growth across the industry.

Below are the 13 firms offering $200,000 or higher in total potential compensation for MBA and PhD grads, per Management Consulted’s data.

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