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MBB entry-level salaries in Spain?

How much are MBB paying entry-levels (BA/Associate), base salary and all-in compensation? Does it vary depending on the MBB?

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Top answer
Hagen
Coach
edited on Mar 23, 2023
Globally top-ranked MBB coach | >95% success rate | 9+ years consulting, interviewing and coaching experience

Hi there,

I think this is an interesting question that may be relevant for many people. I would be happy to share my thoughts on it:

  • First of all, while I cannot tell for certain, you can expect base salaries to be around €45,000 to €55,000 and total compensation to be around €55,000 to €65,000, depending on the specific company.
  • While it might be different for entry-level positions in Spain, normally, McKinsey seems to pay slightly less compared to Bain and BCG.

If you would like a more detailed discussion on how to best prepare for your upcoming interviews, please don't hesitate to contact me directly.

Best,

Hagen

on Aug 30, 2023
Most Awarded Coach on the platform | Ex-McKinsey | 90% success rate

Hi there!

You're going to find decent numbers on Glassdoor for this. 

Realistically, the differences are small between firms. Typically, BCG pays the most as a base, while McKinsey tends to have the bigger bonus. The differences tend to be cancelled out in time with tenure. 

Best,
Cristian

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Paul
Coach
on Mar 22, 2023
PL-level BCG experience (6 years)|Interviewer at BCG| 6/6 personal + 95%+ candidates offer success rate
Ian
Coach
on Mar 22, 2023
Top US BCG / MBB Coach - 5,000 sessions |Tech, Platinion, Big 4 | 9/9 personal interviews passed | 95% candidate success

Hi there,

My understanding is it's in the 40-60k range, depending on how you count it.