I want to know the difference between positions by Boston Consulting Group (BCG) India to fresh old IIT graduates (they call them Associates) and fresh management IIM graduates? How much is the salary difference? I am an old IIT student and confused whether to sit for BCG in my placement season or go for an MBA. #consulting #bcg #mckinsey #bain
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A lot, IIM grads join at 1 level higher than fresh IIT Associates in a position called Consultant in BCG. There’s a significant diff in salary between the two. IIM new grads at BCG make around 32 Lpa TC while Associates make ~18Lpa. If your plan is to stay in India go for an immediate MBA. If you’re going for a US MBA then work at BCG for 3 years, then apply (US MBA’s have a minimum work exp requirement of 3 years).