Despite continuing a freeze in starting salaries for MBA and master's grads in 2025, along with the other Big Three consulting firms, Bain continues to offer industry-leading compensation packages with plenty of scope for career progression.
Every year, Bain recruits MBA and master’s graduates from top US business schools including Harvard, Wharton, and Stanford, as well as schools outside the US such as INSEAD, HEC Paris, and London Business School.
So what Bain consultant salary and bonuses can you expect to earn after graduation?
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Bain consultant salary and bonuses
Bain consultant salaries for MBA graduates are $192,000. For master’s-level hires at Bain, pay packets sit at $112,000 in base salary.
MBA hires at Bain also receive performance bonuses of up to $63,000 and a signing bonus of $30,000. Master’s graduates get performance bonuses of up to $22,500 and a signing bonus of $5,000.
That means the total average compensation for MBA graduates at Bain is $285,000—the highest of any Big Three firm. For those holding master’s degrees, total compensation stands at around $140,000. Again, that’s slightly higher than both McKinsey and BCG.
However, these numbers are just starting salaries. A promotion tends to coincide with a jump in salary too.
Two to three years after completing an MBA program, Bain consultants could earn in the region of $350,000 per year as managers, including bonuses.
A Bain associate principal salary sits at around $275,000 to $350,000, while Bain partner salaries start at $375,000 and could reach up to $700,000 for a senior partner. That doesn’t even include potential bonuses of over $500,000.
You’ll find similar consultant salaries across all of the Big Three consulting firms.
Bain careers
Careers at Bain come with plenty of perks.
MBA hires at Bain get 25 days per year of PTO—the most among the Big Three. They get paid $8,000 for relocations of under 600 miles and $15,000 for over 600 miles. Bain also makes an annual 401(k) retirement contribution of up to $8,000 for US employees.
Master’s graduates at Bain get a housing allowance of up to $5,000, 20 days of leave per year, and up to $5,000 to cover relocation costs.
They’re the perks—but what is life actually like at Bain? One employee said of the firm: “Great people, phenomenal benefits, interesting work, and healthy work-life balance.”
Bain consultant salary growth in compensation over time
How to get hired by Bain
How can you get hired by Bain? Keith Bevans, executive vice president of global consultant recruitment at Bain & Company, says that to get hired by Bain, you need to be a problem-solver looking to make a big impact in your career. You should also be prepared to learn (and work) at a rapid pace.
“We're looking for people who have demonstrated analytic experience, people that can get down the learning curve very quickly, people that get excited about problem solving, and get excited about making a difference,” he says.
The firm also looks for highly self-motivated employees, and Bain is more than prepared to fill any gaps in your knowledge.
“I like to say, if you're a good athlete, we can teach you the sport. Right? And so what we're looking for in a lot of ways is good athletes.”
For more info about what it's like to work in consulting, the perks and salaries you could gain, and tips on how to successfully become a management consultant, download our BusinessBecause Consulting Guide
The data in this article was sourced from Management Consulted’s 2025 Consulting Salary Report. The salary figures in this article are for those joining management consulting positions in 2025. This article is updated annually.
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