economy
Here's how much entry-level consultants are making these days
AI has changed who consulting firms are hiring and the work they do. Here's how much new graduates can expect to make at places like McKinsey and BCG.
TL;DR
- AI is changing white-collar work, reducing grunt work and causing anxiety among younger employees.
- Consulting firms are hiring more strategically, automating entry-level tasks and increasing demand for AI implementation, digital transformation, and data specialists.
- Firms are seeking a blend of generalists and technical experts, expanding recruitment pools to include engineers, creatives, and technologists.
- Entry-level salaries in consulting have seen minimal change despite the impact of AI.
- Detailed salary, bonus, and allowance information is provided for major consulting firms including Bain & Company, BCG, McKinsey & Company, Deloitte Consulting, EY, KPMG, PwC, and Accenture.