MBB entry-level salaries in Spain?

Question

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

Answer 1

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.

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Best,

Hagen

Answer 2

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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Answer 3

Hi there,

I find glassdoor pretty accurate for said geography for all the 3 MBB (based on people I know at MBB firms in Spain).

e.g.

McKinsey & Company Salaries in Madrid, Spain | Glassdoor

Hope it helps

Answer 4

Hi there,

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

Answer 5

Hi there, As a Senior Manager in BCG, I can tell you that luck mainly plays a role in the following way: sometimes yo... (read entire answer)

Hi there, As a Senior Manager in BCG, I can tell you that luck mainly plays a role in the following way: sometimes you apply in times where there is growth and projects and get... (read entire answer)