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Is the ManagementConsulted 2024 Salary guide accurate for Saudi Arabia?

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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Top answer
Hagen
Coach
edited on Mar 05, 2024
#1 recommended coach | >95% success rate | most experience in consulting, interviewing, and coaching

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

on Mar 05, 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

Ian
Coach
on Mar 05, 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.

Pedro
Coach
on Mar 04, 2024
Bain | EY-Parthenon | Private Equity | Market Estimates | Fit Interview

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

Alberto
Coach
on Mar 04, 2024
Ex-McKinsey Partner | Most experienced coach (15 years exp, +2.000 real interviews) | 95% success rate

Hi there,

Double check that info on Glassdoor.

Best,

Alberto

Florian
Coach
on Mar 05, 2024
1400 5-star reviews across platforms | 500+ offers | Highest-rated case book on Amazon | Uni lecturer in US, Asia, EU

Hi there,

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

Check it out!

Cheers,

Florian

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