Between 2019 and 2022 the average annual signing bonus remained the same at 5,000 U.S. dollars, whereas the average annual performance bonus increased from 15,000 U.S. dollars in 2019 to 22,000 U.S. dollars in 2022. In 2019, the average annual base salary for a graduate bachelor or master's consultant was 85,000 U.S. dollars. This increased to an annual average of 100,000 U.S dollars in 2022.
Annual average management consulting salaries for bachelor and masters graduates worldwide from 2019 to 2023
(in 1,000 U.S. dollars)
Study represents more than 60 firms across the consultancy industry and was sourced through 1 million readers and thousands of private interview prep clients who anonymously share their written offer letters and written submissions with Management Consulted.
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Management Consulted. (January 16, 2024). Annual average management consulting salaries for bachelor and masters graduates worldwide from 2019 to 2023 (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1318749/graduate-consulting-salaries/
Management Consulted. "Annual average management consulting salaries for bachelor and masters graduates worldwide from 2019 to 2023 (in 1,000 U.S. dollars)." Chart. January 16, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1318749/graduate-consulting-salaries/
Management Consulted. (2024). Annual average management consulting salaries for bachelor and masters graduates worldwide from 2019 to 2023 (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1318749/graduate-consulting-salaries/
Management Consulted. "Annual Average Management Consulting Salaries for Bachelor and Masters Graduates Worldwide from 2019 to 2023 (in 1,000 U.S. Dollars)." Statista, Statista Inc., 16 Jan 2024, https://www.statista.com/statistics/1318749/graduate-consulting-salaries/
Management Consulted, Annual average management consulting salaries for bachelor and masters graduates worldwide from 2019 to 2023 (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1318749/graduate-consulting-salaries/ (last visited December 30, 2024)
Annual average management consulting salaries for bachelor and masters graduates worldwide from 2019 to 2023 (in 1,000 U.S. dollars) [Graph], Management Consulted, January 16, 2024. [Online]. Available: https://www.statista.com/statistics/1318749/graduate-consulting-salaries/