How much do consultants at McKinsey, BCG, and Bain actually earn? We break down salaries from fresh business analyst to senior partner — in both the US and Germany — and explain the "MBB salary trap" that makes it so hard to leave consulting.
Should a Big 4 consultants make the move to join on of the MBB firms (McKinsey, BCG, Bain)? There are many advantages like a higher salary, more strategy projects, and more exposure to senior clients. But there are also downsides like the worse lifestyle/work-life-balance and the up-or-out culture.
