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5 highest-paying graduate consulting jobs in Sydney

Karen Ranara

Management consulting is a high-paying and challenging career. Maximise your earnings by working in Sydney!

Our data reveals the top five highest-paying management consulting gigs in Sydney with starting salaries up to $115K.

1. McKinsey – $115k

McKinsey is one of the most prestigious management consulting firms out there. They charge top-of-market rates for their services, so perhaps it’s no surprise they top this list!

What they do

Strategy consulting: McKinsey works closely with clients to identify areas for improvement and develop actionable plans for achieving a certain business strategy. Their consultants often serve more senior clients within larger organisations. 

Thought leadership: They pioneered thought leadership in the 1960s with the McKinsey Quarterly – a publication that executives and business professionals still read today for the latest insights on management and strategy. 

What grads say

“Incredibly supportive culture. Strong development opportunities. Quick progression. Down-to-earth people who are generally interested in supporting you. Great travel opportunities.” 

“Amazing people, fantastic growth opportunities, a place for curious minds, great culture.”

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Learn more about McKinsey & Company here 


2. Partners in Performance – $115k

What they do

Operational consulting: Partners in Performance works with clients to improve their processes, resulting in reduced costs, improved productivity, and increased profitability.

Performance improvement: They help companies improve their performance through data, planning, and support.

Supply chain management: Their supply chain experts help clients create and use better strategies for managing their inventory, so they can deliver products faster and make their customers happier.

What grads say

“Travel, diversity of work, constant learning opportunities.”

“The development! Formal training, on the job training and frequent feedback from every colleague, means you are developed fast and continually learning new things. It was present through the interview process and has only improved from there.”

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Get to know the people who work at Partners in Performance by reading their stories here!


3. Bain – $110k

What they do

Strategy consulting: Known for their “results, not reports” philosophy, Bain doesn’t just tell their clients what to do – they show them how to do it and help them make it happen. Compared to competitors, Bain focuses more on making a measurable impact in their clients' financial results. 

Performance improvement: They offer services to help clients operate more efficiently. This includes managing supply, reducing costs, changing processes, and restructuring the organisation.

Mergers and acquisitions (M&A): Mergers and acquisitions happen when companies combine or when one buys another. The firm helps their clients navigate the complexities of M&A transactions and achieve their strategic objectives.

What grads say

“Very bright and accomplished colleagues, supportive collaborative culture, more sustainable lifestyle than other tier 1 consultancies.”

“People orientated; culture is unlike anywhere else. You generally feel valued and part of a family. There are a lot of resources put into your professional development. Non-comp rewards are amazing.”

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While you’re at it, check out Ella’s story as an Associate Consultant at Bain & Company!


 4. BCG – $110k

What they do

Strategy consulting: BCG is known for helping organisations come up with creative ways to achieve their strategic goals. Compared to competitors, they work more closely with clients to co-create tailored solutions.

Thought leadership: They set foundations for BCG’s Perspectives series which helped get senior managers thinking about business issues. Soon after, BCG published their first article called “Brinkmanship in Business” in the Harvard Business Review which helped them become famous as a thought leader. 

Growth-share matrix:  BCG is most famous for its growth-share matrix, a tool that helps companies decide what products and services to focus their time and money on. For example, it helps companies decide whether to keep a business, sell it, or invest more in it. 

What grads say

“Pretty good work/life balance and salary.”

“Great variety of projects, great people around to learn from, awesome benefits.”

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Learn a few tips from BCG employees on how to get hired!


5. Kearney – $110k

What they do

Public sector consulting: Kearney helps government agencies improve their operational efficiency and effectiveness by providing strategic advice and recommendations.

Financial management: They specialise in accounting, audit readiness and internal control services. They also assist in preparing financial statements and help organisations comply with federal financial regulations.

IT audit and cybersecurity services: Through these services, they ensure the integrity and security of government data.

What grads say

“Great people, culture, and benefits.”

“Unparalleled learning and classic consulting toolkit. Top-tier reasoning from first principles, analytics, persuasion, and storytelling.”

🚀 See if they’re hiring

Also, take a sneak peek inside their Sydney office! 


What’s next?

Applying for a consulting job is no easy task. For the best chances of success, check out our management consulting career page. Good luck!