$120k - $150k p.a.
Entry-level consultants earn a base salary of $72,000, with a $10,00 performance bonus. Total salary $82,000. MBA hires earn $135,000 -$140,000, with a max $27,000 performance bonus and a $25,000 signing bonus. Total MBA salary $187,000-$192,000.
How much does a Consultant make? The national average salary for a Consultant is $80,000 in Australia. Filter by location to see Consultant salaries in your area. Salary estimates are based on 7,582 salaries submitted anonymously to Glassdoor by Consultant employees.
How much does a Consultant make at McKinsey & Company in Australia? Average McKinsey & Company Consultant yearly pay in Australia is approximately $123,235, which is 54% above the national average.
The national average salary for a Graduate Management Consultant is $64,672 in Australia. Filter by location to see Graduate Management Consultant salaries in your area.
Graduate salaries at the Big 4 can vary depending on the service line you work in and the job you're doing. In a broad sense, you could expect to be earning anywhere between $45,000 and $75,000, but this can even be different from city to city.
Salaries at Kpmg Consulting range from an average of AU$56,713 to AU$157,167 a year.
Average Deloitte Consultant yearly pay in Australia is approximately $73,513, which is 8% below the national average.
McKinsey also offers a 50% reimbursement to second years according to Management Consulted, while Bain includes profit sharing. For MBAs and PhDs seeking to relocate, Bain and McKinsey reimburse anywhere from $8,000 to $16,000 in expenses, while BCG provides an interest-free loan.
Most of the top management consulting firms recruit MBA-holders from top business schools. Any type of MBA can help prepare you for a career as a consultant. Most business schools house consulting clubs to help students make connections. Management consultants are among the highest-paid business professionals.
Consulting work will give you the chance to put skills you learned in your MBA program to good work. These might include research, presentation skills, on your feet decision-making, problem solving, and project/personnel management.
Bain, BCG, McKinsey MBA consultant salaries on the up
In 2023, MBA consulting salaries at the MBB firms start at $190,000 at BCG, and $192,000 at McKinsey and Bain, up from $175,000 last year. Performance bonuses have also increased with Bain now paying bonuses up to $63,000 and BCG up to $50,000.
You don't need a business background to succeed at McKinsey. More than one-third of McKinsey consultants don't have business degrees, and about half don't have MBAs.
At BCG, “Consultant” is the title for new hires who hold an advanced degree (MBA, PhD, JD, MD, etc.). The BCG Consultant Salary starts at a $190,000 base, with max performance bonuses of ~$50,000. Second year Consultants earn an average base salary of $195,000. The big BCG salary bump comes when you hit Project Leader.
How does the salary as a Graduate Consultant at PwC compare with the base salary range for this job? The average salary for a Graduate Consultant is $65,000 per year in Australia, which is 2% lower than the average PwC salary of $66,330 per year for this job.
FAQs About Deloitte
Salaries at Deloitte range from an average of AU$56,590 to AU$153,947 a year.
How much does Deloitte in Australia pay? The average Deloitte salary ranges from approximately $65,934 per year for Business Process Analyst to $154,945 per year for Senior Manager. The average Deloitte monthly salary ranges from approximately $8,292 per month for Oracle Consultant to $11,250 per month for Sales Lead.
The average KPMG salary ranges from approximately $54,774 per year for Material Handler to $217,899 per year for SAP Lead.
The highest-paying job at KPMG is a Client Partner with a salary of ₹206.8 Lakhs per year. The top 10% of employees earn more than ₹26 lakhs per year.
Average KPMG Senior Consultant yearly pay in Australia is approximately $93,247, which is 8% below the national average.