Economic consulting salary reddit. For everyone else, read wiki.

Economic consulting salary reddit Jan 23, 2024 · Fact is, the 2024 Consulting Salaries Report, released Tuesday by Management Consulted, doesn’t mince words. salary = $90k US salary. D. programs. 2023 was a disappointing year for consulting pay and benefits, with the report riddled with terms like decline, fewer, and less. takes, on average, another five years of learning but can further improve your career prospects as an economic consultant. You would join an econ consulting firm as an analyst making 60-90k (sometimes more). 2% extra pension contribution, full remote. IDK for bonus, i didn't have one last year. K. AG does very well at Sloan but has little presence at HBS. Most people make anywhere from $40k - $65k starting as a first year atty. I’ve known people who worked in economic consulting, worked as summer associates in IBD, and came back to economic consulting. McKinsey & Company, Boston Consulting Group, Bain & Company, Accenture, Charles Rivers Associates, Mathematica Policy Research, and NERA Economic Consulting are If you are at a target program (school + degree where a consulting firm focuses it's recruiting efforts), join your consulting club and work with your career center. Please also note the bimodal salary curve of first year attorneys. I have worked for two of the 10 or so major economic consulting firms. Each firm also seems to have a school it places well at. Feel free to share your information below. I will graduate in 2025. 5x the hourly wage. Also, many 2022 grads aren’t at those pays yet since those are offers for 2023 hires which start next year. Graduated with a meh GPA and BA in Econ from a mid tier state flagship 5 years ago. For consulting, my first year salary was $75k, and my total compensation for my first year was about $100k when you include bonuses. If we're talking 5-10 years after UNDERGRAD, then the answer is maybe. There is a relatively high chance that you will drop out or get fired. We would like to show you a description here but the site won’t allow us. 2022 - making 125-130k in LCOL Midwestern city (all of above are software positions) I continue to enjoy economics and finance to enrich my personal financial situation and have continued to educate myself since college. There are also several social impact organisations like 3ie, Oxford policy management, etc that hire masters graduates (if you're interested in development). This thread is aimed at anyone from regardless of experience (Entry - Sr or above). Jul 24, 2013 · I think that the economic consulting skillset lends itself well to many post-MBA positions. Wᴇʟᴄᴏᴍᴇ ᴛᴏ ʀ/SGExᴀᴍs – the largest community on reddit discussing education and student life in Singapore! SGExams is also more than a subreddit - we're a registered nonprofit that organises initiatives supporting students' academics, career guidance, mental health and holistic development, such as webinars and mentorship You can see the salary progression at the consulting firms by class year as well as sample "offer ranges" for folks leaving consulting based on class year. Someone did a true comparison of U. I tried to find the Reddit post and excel it was done on, spent 5 mins and now cba. Mar 26, 2025 · Earning a Ph. See -> here. so the AEA lists a little under 200 open positions on their page … put that into relation to the number of PhDs coming off grad school each year. The programming and technical skills I'm learning here make me a competitive candidate for any job that requires familiarity with data. In contrast, for full-time employees (who are salaried), some economic consulting firms pay above your salary for extra hours worked, but it's rarely as good as 1. To be honest, even with those salary differences I do sometimes wish I picked the Strategy consulting (this is considered the most "prestigious" - done by big names such as McKinsey) Operations consulting (often done by the consulting arms of Big 4 - Deloitte and those guys) Implementation consulting (Accenture is probably the most famous) Economics consulting (this is actually "litigation consulting) But if your masters program was quant heavy (mine was, which got me this job), then there are a lot of jobs related to data analyst or risk analyst/consultant in banks and some tech companies. vs US salary equivalent, from memory I think a £50k U. A) How did you market your experience to business schools? It's a bit of a niche industry. The most common entry points into major consulting firms (especially MBB) are through target program undergrad and MBA recruiting. Economics graduates with good analytic and communication skills find employment with consulting firms. , FTI Consulting, LECG, National Economic Research Associates (NERA), and Navigant Consulting. Very few actually make biglaw starting salaries of $180k + bonus. Please also see r/lawschooladmissions and r/lawschool for more info. The offer is for $47K, which I find to be pretty disappointing. I am not sure what you mean by "economic consulting. Economic Consulting Consulting may be a stepping stone to an economics career. NERA Economic Consulting: $43,250 + $1,250 bonus Oliver Wyman: $32,850 + $3,000 signing bonus Large Consultant Salary Variation Across International Offices. In addition, I’ve seen people - Firm Type: Boutique - Location: USA East Coast HCOL - Education Level: UG - Level: Consultant - Years at firm: 5 1/2 years out of UG - 2021 Base: 100k I'm a student at a US university with a strong economics program (T3) and have received an economic consulting internship offer (one of Cornerstone/Analysis Group/CRA). By and large, top econ consulting firms place well at M7 but not too well at HSW. It is really informative to me because it breaks down at levels like industry and function. Reply reply More replies Hi all, I am a current college student graduating soon, and I have been offered an Analyst position at a small economic consulting firm in a major city in the US. I like to keep up to date with the current state of salaries/compensation across the world. Some of the most prominent firms in the industry are Analysis Group, Bates White, Brattle Group, Charles River Associates, Compass Lexecon, Cornerstone Research, Economists Inc. Accepted the offer over traditional econ research positions (NY Fed, Chicago Fed, Brookings, NBER etc). u/ShadowPenn Well, you need to be very good to land one of those jobs, and this is already a large part of the complete market. (2) is a new study they've started doing. 4. For everyone else, read wiki. Technology/Management consulting analyst (ACN L11) 27k (29k before EOY and before salary review for National negotiation), i hope in 30k+ for EOY Health insurance, Life Insurance (2x Gross), 1. Find a job as an economic consultant Once you've completed your required formal education and have enough entry-level experience in the field, you can apply for jobs as a senior economic consultant. Those who work in economic consulting for a few years go onto top MBA, JD, or Ph. They are putting a big push for interviews and hiring. 15 votes, 47 comments. Sure - it was a few years ago that I interviewed at the Fed but the offer I got from the Board was $57k salary + $3k signing bonus. . I'm an economic consulting analyst looking for advice from former analysts at big econ consulting firms (NERA, Analysis Group, Brattle, BRG, Compass Lexecon) who went on to business school. Your salary would increase ~10% a year for the next 2-3 years, after which 95% of all analysts leave for business school, law school, a PhD Yes, I put generally since it’s in the ballpark and it seemed like OP wasn’t aware of consulting salaries. Bounced around a couple crappy “analyst” jobs until I landed a job as a Data Developer - and just promoted/moved to another team as Posted by u/sheeeeeeeeesh24 - 1 vote and no comments Welcome to r/EconomicConsulting **. " I am familiar with "economic analysis" regarding funding decisions for large infrastructure projects which typically look at the economic benefits of a project to society versus its costs as opportunity losses, or by default, the acceptable project tariff. ** This community was created to be a space for discussion about economic consulting roles, companies, related skills, and economic litigation cases to know about for those who are interested in pursuing a career at the intersection of economics, business, and law. If anyone has any info about working for the company, please let me… 2000 - making 80k in Southern Cal … gradual salary increases…. Also, for everything "data + stats" you compete with computer scientists and math/physics-PhDs. They’ve all said that the economic consulting skill set is very easy to sell to the IBs. fxdcgh nbtnj vugtx braz oukzuut ghahb piivaq oarzm orodbl tndu wkgs ixekd kgdvc ugkeal jqwcw