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Is the ManagementConsulted 2024 Salary guide accurate for Saudi Arabia?

BCG compensation salary Saudi Arabia starting salary
Neue Antwort am 5. März 2024
6 Antworten
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Cesar
Kompetent
fragte am 4. März 2024
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Hello PrepLounge Community! 

I am a USA MBA looking to recruit for Full-Time this fall. I recently reviewed the ManagementConsulted 2024 Salary Guide and found that BCG's base salary for an MBA in Saudi Arabia is SAR768,000 (~205k USD). Is this accurate? I'm also wondering how much is bonus, housing allowance on top of that base salary.

Thanks in advance for your insights into this one.

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Hagen
Experte
Content Creator
bearbeitete eine Antwort am 5. März 2024
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years

Hi Cesar,

I would be happy to share my thoughts on your question:

  • First of all, the figure you mentioned does fall within the range of what BCG seems to offer in Saudi Arabia. However, it's always good to cross-reference such information with other sources or directly with the firm during your recruitment discussions.
  • Moreover, please keep in mind that bonuses and allowances can significantly augment your total compensation package.

You can find more on this topic here: Salaries in the consulting industry.

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

(editiert)

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Cristian
Experte
Content Creator
antwortete am 5. März 2024
#1 rated MBB & McKinsey Coach

Hi there!

That is within the right range, though, on the higher end. 

One thing you can do is to try and have coffee chats with people who joined within the last year. Some tend to volunteer how much they make during the conversation, so this way you could know for sure. 

Here's how to source these chats:

Best,
Cristian

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Ian
Experte
Content Creator
antwortete am 5. März 2024
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi Cesar,

In my opinion it's the best one out there.

Remember that these are all guides/ranges - they are not truth.

Personally, I would avoid glassdoor - I rarely find that its data is accurate.

Remember…once you get the offer you'll know the truth….focus on that.

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Pedro
Experte
antwortete am 4. März 2024
30% off in April 2024 | Bain | EY-Parthenon | Roland Berger | Market Sizing | DARDEN MBA

While I am not able to answer that specific question, I suggest you also consult Glassdoor, which is another useful datapoint.

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Alberto
Experte
Content Creator
antwortete am 4. März 2024
Ex-McKinsey Associate Partner | +15 years in consulting | +200 McKinsey 1st & 2nd round interviews

Hi there,

Double check that info on Glassdoor.

Best,

Alberto

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Florian
Experte
Content Creator
antwortete am 5. März 2024
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets

Hi there,

Another great site to triangulate your salary data is levlels.fyi.

Check it out!

Cheers,

Florian

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Hagen

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