The average new recruit at a consultancy will receive £49,000, just under the £54,000 that a new M&A banker will be paid. But top con≠sultancies in fact pay far more than the big investment banks ? at first. However, for those with five to 10 years? experience, the gap will widen enormously ? consultants will typically earn £94,000, versus salaries and bonuses amounting to £212,000 at investment banks.
This article was published in City AM, 19th March 2015