The highest-paid consultant job is that of a senior management consultant. If you're an undergraduate or specialized master's student, there are plenty of great consulting firms you can work for. But if you're interested in knowing where you can get the most out of it in the first year, we've analyzed the figures to identify the 10 best consulting firms with undergraduate consulting salaries. As in our MBA rankings, we determined these rankings of the best consulting firms based on the possible total compensation you could receive in the first year of study.
We define total compensation as the base salary, the signature bonus and the performance bonus. Before you're blown away by the numbers, keep in mind that only 5 to 10% of the best players will receive the maximum performance bonus, and most consultants will receive half of the maximum amount. Not all aspiring consultants are going to get a position in one of the three big firms: McKinsey and Company, Boston Consulting Group or Bain & Company, known in the industry as MBB. Its consultants help more than three-quarters of the companies included in the Fortune Global 500 list, as well as influential government and non-profit organizations.