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AI was supposed to kill junior consulting jobs. Then McKinsey, BCG, and Bain raised starting pay to $120,000 for pre-MBA hires and $200,000 for post-MBA hires.
So why would 3 firms lock in higher base pay for junior consulting jobs?
And is the raise as big as it looks? Namaan shares his take, plus what it means if you’re an undergrad, an MBA, or an experienced hire.
The pay data behind it comes from candidates who shared their offers – listen, then add yours below.
Resources:
2027 Consulting Salary Report
Share my pay for the 2027 Consulting Salary Report – anonymous, and it helps the next class of candidates know what they’re worth
Read the full MBB salary breakdown – base pay by firm and level, plus what the raise means for undergrad, MBA, and experienced-hire candidates
Free guides
Read the complete case interview prep guide – how a case runs, the core frameworks, and a prep timeline for your candidate type
Read the complete consulting resume guide – the 5 key sections, 10 tips, and examples
Read the consulting networking guide – who to contact, outreach and follow-up email templates, and when to start
Work with the team
Not sure what’s standing between you and an MBB offer? See how Black Belt coaching works – 1-on-1 with ex-MBB interviewers who find your gap areas and help you close them
Not sure if MC support is right for you? Book 15 minutes with Katie – you’ll find out whether Black Belt is the right fit
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Ben van der Schaaf of Arthur D. Little and Stephane Budel of DeciBio land in the same place on AI – it makes everyone faster, but the experience to know which questions to ask is what clients still pay for.
Ben’s example: a colleague with 25 years in quality systems built a 17,000-line model over a weekend. Someone without those 25 years couldn’t have built it.
And that idea runs through the rest of the conversation: specialists are winning work against firms 50 times their size, clients want measurable outcomes over slide decks, and both partners explain what they look for in the people they hire.
It’s all from the research behind our 2027 ranking.
Resources:
Read the 2027 Top Healthcare Consulting Firms ranking – see where Arthur D. Little and DeciBio placed, the full top 10, and who leads each segment
Want your firm’s insights featured in MC’s next ranking, podcast, or research piece? Book time with Namaan
Not sure what’s holding you back in consulting recruiting? See how Black Belt coaching works – 1-on-1 with an ex-MBB interviewer who finds your gap areas and helps you close them
Browse open healthcare consulting roles on the MC Job Board
Connect With Management Consulted
Create a free MC account or download the MC app (Apple, Android) to start your prep today
Schedule a free 15min consultation with the MC Team
Watch the video version of the podcast on YouTube
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Join an upcoming live event – case interviews demos, expert panels, and more - Send us Fan Mail
Juliane Hoss spent 3 years at Bain, and she’s interviewed plenty of candidates since. In this live Bain case interview, she coaches Abhirav after every step.
The case: a UK healthcare consulting firm wants to double its revenue in 3 years. Abhirav, an engineer turned DJ turned finance student, solves it from clarifying questions to recommendation while Juliane coaches him.
But the moment that sticks isn’t a framework. Juliane says the question she and other interviewers keep coming back to is whether they’d want you on their team. She says that matters more than being impressive.
Juliane says if she hears the perfect answer 5 times a day, she can’t remember who you were at the end. So see how your own cases compare.
Resources:
Doing the cases but can’t tell what’s holding you back? See how Black Belt coaching works – 1-on-1 with an MBB coach like Juliane who finds your gap areas and helps you close them
Not sure if MC support is right for you? Book 15 minutes with Katie – you’ll find out if Black Belt is the right fit
Connect With Management Consulted
Create a free MC account or download the MC app (Apple, Android) to start your prep today
Schedule a free 15min consultation with the MC Team
Watch the video version of the podcast on YouTube
Follow us on LinkedIn, Instagram, and TikTok
Join an upcoming live event – case interviews demos, expert panels, and more - Send us Fan Mail
Mini case interviews are often the first test you face at McKinsey, Bain, and BCG.
And if you’ve heard them called market sizing questions, you’ve already met the most common version.
But a mini case interview plays by different rules than a full case, and the interviewer isn’t going to guide you through it.
Namaan breaks down what to expect, how mini cases are scored, and how to finish one the right way.
Resources:
Want to know how you’d handle a mini case under time pressure? Run timed mini case drills with MBB coaches in Black Belt – you get feedback on structure, math, and communication
Not sure if MC support is right for you? Book 15 minutes with Katie – you’ll find out if Black Belt is the right fit
Connect With Management Consulted
Create a free MC account or download the MC app (Apple, Android) to start your prep today
Schedule a free 15min consultation with the MC Team
Watch the video version of the podcast on YouTube
Follow us on LinkedIn, Instagram, and TikTok
Join an upcoming live event – case interviews demos, expert panels, and more - Send us Fan Mail
Most case interview prep is written for US interviews. If you’re recruiting for a European office, you’ll walk into a different interview than the one you practiced.
Laura Ackerman worked at McKinsey and BCG and has coached European candidates for 4 years. She breaks down where US prep falls short in European consulting interviews: the case formats, the case topics, and how conversational the fit interview gets.
And she shares how one client with a diplomacy background landed a McKinsey London offer after 10 coaching sessions in 1 month.
Resources:
Check my firm’s deadline in the free application tracker – dates vary by country and firm, and they’re all in one place
Worried your prep won’t match what a European interviewer expects? See how Black Belt coaching works – 1-on-1 with a former MBB interviewer who finds your gap areas and helps you close them
Not sure if MC support is right for you? Book 15 minutes with Katie – you’ll find out if Black Belt is the right fit.
Connect With Management Consulted
Create a free MC account or download the MC app (Apple, Android) to start your prep today
Schedule a free 15min consultation with the MC Team
Watch the video version of the podcast on YouTube
Follow us on LinkedIn, Instagram, and TikTok
Join an upcoming live event – case interviews demos, expert panels, and more
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About Strategy Simplified
Strategy Simplified is here to demystify the consulting industry and help you land your dream job in management consulting. Hosted by the expert team at Management Consulted - the world's largest resource for consulting news and interview prep - each episode covers topics related to the consulting world, from interview preparation and case study techniques to networking strategies and industry trends. Whether you're just starting your career or looking to make a transition, Strategy Simplified is the go-to resource for anyone looking to break into the consulting industry. With actionable advice, insider tips, and real-life success stories, this podcast is the ultimate guide to simplifying your career strategy and landing your dream consulting job.
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