Author: Taylor Warfield, Former Bain Manager and interviewer

Last Updated: October 22, 2026

 

Analysis Group salary runs from a $92,500 base for first-year analysts to $242,500 for senior associates, according to the firm's own 2025 U.S. Department of Labor filings. This guide breaks down base pay at every rung of the ladder, how the numbers shift by office and practice, and how an Analysis Group offer stacks up against a management consulting one.

 

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Key Takeaways

 

Analysis Group pays a $92,500 base to entry-level analysts and roughly $170,000 to post-graduate associates, with base pay reaching the mid-$200,000s at the manager level.

 

• Analyst base pay is $92,500 in nearly every U.S. office, with Washington DC at $97,500

 

• The analyst-to-associate jump is worth about $77,500 in base pay, but it requires a graduate degree

 

• Senior associates and managers were filed between $230,000 and $242,500 in 2025

 

• Glassdoor puts average vice president base pay at $241,323, with total pay reaching $328,000

 

• Analyst base pay climbed 15.6% between 2021 and 2025, while manager pay climbed more than 42%

 

• Pay sits roughly 15 to 20% below McKinsey, BCG, and Bain at both the undergraduate and post-graduate entry points

 

How Much Does Analysis Group Pay?

 

Analysis Group pays a $92,500 base salary to entry-level analysts, $110,000 to senior analysts, $170,000 to associates, and $230,000 to $242,500 to senior associates and managers, based on the firm's 2025 U.S. Department of Labor filings. Vice presidents average $241,323 in base pay according to 2026 Glassdoor data.

 

Those base figures come from Labor Condition Applications the firm files with the government, which list the actual salary attached to a specific job title and city. That makes them far more reliable than crowd-sourced averages, which blend base, bonus, and job titles from across the whole company.

 

Level	Median base salary	Reported range	Primary source
Analyst	$92,500	$92,500 to $100,960	2025 DOL filings
Senior Analyst	$110,000	$110,000 to $115,000	2025 DOL filings
Associate	$170,000	$170,000 to $225,000	2025 DOL filings
Senior Associate	$238,750	$235,000 to $242,500	2025 DOL filings
Manager	$235,000	$230,000 to $235,000	2025 DOL filings
Vice President	$241,323	$228,000 to $328,000 total pay	2026 Glassdoor

 

Sources: 2025 Department of Labor H-1B filings for Analysis Group Inc and Glassdoor vice president data from March 2026.

 

What Is the Analysis Group Career Ladder?

 

Analysis Group uses six consulting titles: analyst, senior analyst, associate, manager, vice president, and managing principal, with principal sitting between the last two. The firm publishes this ladder in its recruiting materials, and pay steps up sharply at two specific points rather than climbing evenly.

 

The first jump is small. Moving from analyst to senior analyst adds $17,500 in base pay, an increase of about 19%. Most analysts reach it after two or three years.

 

The second jump is the one that matters. Going from senior analyst to associate takes base pay from $110,000 to $170,000, a 55% raise in a single step. Measured from the analyst starting point, it is a $77,500 increase.

 

That jump comes with a hard requirement. Analysis Group states on its analyst careers page that analysts without a graduate degree must earn an advanced degree before they can be promoted to associate. This is the single most important fact about the economic consulting career path at this firm, and most salary pages skip it entirely.

 

The firm does support that transition. It runs a year-long graduate school workshop, allows part-time work while you study, and provides financial support for strong performers who apply.

 

How Much Does an Analysis Group Analyst Make?

 

An Analysis Group analyst earns a $92,500 base salary in Boston, New York, Los Angeles, Chicago, San Francisco, Dallas, and Denver, based on 28 separate 2025 filings. Washington DC analysts were filed at $97,500. Health care analysts staffed to the firm's outcomes research practice were filed between $92,500 and $100,960.

 

What stands out is how flat that number is. Analysis Group pays the same analyst base in San Francisco as it does in Denver, which is unusual and worth factoring into your decision if you are weighing offices.

 

Total pay runs higher than base. Glassdoor's average total analyst pay estimate is $108,924 as of June 2026, drawn from 846 analyst submissions. The roughly $16,000 gap between that figure and filed base pay is the clearest signal available on what analysts actually take home in bonus.

 

Analysts rate compensation and benefits 4.3 out of 5 on Glassdoor, slightly above the firm-wide 4.2. In my experience coaching candidates into economic consulting, satisfaction scores that high usually reflect benefits and predictability rather than headline pay.

 

How Much Does an Analysis Group Associate Make?

 

Analysis Group associates earn a median base salary of $170,000, based on 20 filings in 2025. Washington DC associates were filed at $180,000, and a single San Francisco associate was filed at $225,000. Associates in the health care practice came in slightly higher at a $175,000 median.

 

Associates are graduate hires. The firm states that associates typically hold a PhD or an MBA, and it also hires people with other graduate degrees plus relevant work experience.

 

One number deserves a caveat. The 2025 associate median of $170,000 came in below the 2024 median of $180,000, which reflects a shift in which offices filed rather than a pay cut. Washington DC accounted for a larger share of associate filings in 2024, and DC pays more.

 

Senior associate filings came in at $235,000 and $242,500, both in Boston, a jump of roughly $70,000 over the associate median. Analysis Group does not list senior associate on its published career path, so treat it as a step between associate and manager rather than a formal rung.

 

How Much Do Analysis Group Managers and Vice Presidents Make?

 

Analysis Group managers were filed at $235,000 in Boston and $230,000 in Los Angeles in 2025. Vice presidents average $241,323 in base pay according to Glassdoor, with estimated total pay running from $228,000 to $328,000 and additional cash averaging about $41,000.

 

Manager filings are thin because the firm sponsors few visas at that level, so treat the $230,000 to $235,000 band as a floor rather than a full picture. Domestic hires at the same title can sit higher.

 

Above vice president, the firm has principals and managing principals. Analysis Group does not publish pay for these roles and they rarely appear in filings, since senior consultants at this stage testify as experts, own client relationships, and are compensated on business generation.

 

Here is the promotion statistic that should shape how you read all of this. Analysis Group reports on its career path page that nearly one in four managing principals, principals, and vice presidents started at the firm as analysts, and roughly half started as associates. Three quarters of the senior ranks were built internally.

 

How Does Analysis Group Salary Vary by Office?

 

Washington DC pays the most at every level Analysis Group discloses, and the premium is about 5%. DC analysts were filed at $97,500 against $92,500 everywhere else, and DC associates at $180,000 against $170,000 in Boston, Chicago, and Los Angeles.

 

Office	Median base salary	Filings
Washington DC	$180,000	5
Dallas	$131,250	4
Boston	$115,000	40
Los Angeles	$110,000	16
New York	$110,000	9
Chicago	$101,250	6
San Francisco	$101,250	6
Denver	$101,250	2

 

Read that table carefully, because the office medians are misleading on their own. They reflect which titles happened to be filed in each city, not what a given role pays there.

 

Washington DC tops the list mainly because associates dominated its filings, while Boston's $115,000 median reflects a mix weighted toward analysts and senior analysts across 40 records. Compare like for like and the true geographic spread is narrow: roughly $5,000 at the analyst level and $10,000 at the associate level.

 

That matters for your decision. A DC analyst offer pays about 5% more than a San Francisco one, which does not come close to closing the cost of living gap between those cities.

 

What Does Analysis Group Pay Interns?

 

Analysis Group interns earn roughly $28 to $29 per hour based on Glassdoor's 2026 data, which puts the low end of the firm's pay scale at an annualized $59,186. The firm runs both summer analyst and summer associate internships.

 

The summer analyst internship targets current juniors studying economics, finance, statistics, or a related quantitative subject. Interns join case teams and do the same work analysts do, split between generalist litigation and regulatory matters and the health care outcomes practice.

 

Treat the internship as the main hiring channel rather than a summer job. Firms in this space convert a large share of their summer class, so getting the internship offer is most of the battle for a full-time seat.

 

How Does Analysis Group Salary Compare to Other Economic Consulting Firms?

 

Analysis Group pays at market for analysts and below market for associates compared to its closest peers. Glassdoor's average total analyst pay estimate is $108,924 at Analysis Group and $108,098 at Cornerstone Research, a difference of less than 1%.

 

The picture changes at the graduate hire level. Cornerstone Research associates were filed at a $230,000 median in 2025 against $170,000 at Analysis Group, a gap of $60,000. Cornerstone's sample was only four filings, so treat the size of that gap as directional rather than exact.

 

Analyst pay at Charles River Associates lands close to Analysis Group as well, with a $97,000 median total compensation reported on Levels.fyi. Across the sector, undergraduate analyst pay clusters tightly and the real separation happens after graduate school.

 

My read after coaching candidates through offers at several of these firms: do not pick between them on the analyst number, because it barely moves. Pick on practice area, office, and how much the firm supports graduate school, since that is what determines your pay five years out.

 

How Does Analysis Group Pay Compare to McKinsey, BCG, and Bain?

 

Analysis Group pays roughly 15 to 20% below MBB at both entry points. Undergraduate analysts start at $92,500 against about $112,000 for McKinsey business analysts, and post-graduate associates start at $170,000 against roughly $192,000 for post-MBA MBB associates.

 

Entry point	Analysis Group base	MBB base	Difference
Undergraduate hire	$92,500	$112,000	$19,500 lower
Post-graduate hire	$170,000	$192,000	$22,000 lower

 

The gap is real, but the raw comparison flatters MBB more than it should. Bonus structures at strategy firms are more aggressive, which widens the total pay gap, while hours at Analysis Group are generally lighter, which narrows the gap on an hourly basis.

 

Promotion pressure differs too. MBB firms run an up-or-out model with tight timelines, while Analysis Group promotes on readiness and keeps a large share of its senior ranks from its own analyst and associate classes. That structural difference is why MBB salaries pull away at the top even though the entry-level gap is modest.

 

There is also a difference in what the money buys you later. Strategy consulting opens broader exit opportunities into corporate strategy and private equity, while economic consulting builds a deeper technical and litigation profile.

 

How Has Analysis Group Pay Changed Over the Past Five Years?

 

Analysis Group base pay has risen at every level since 2021, but the raises have been heavily weighted toward senior roles. Analyst base pay grew 15.6%, associate base pay grew 13.3%, and manager base pay grew more than 42% over the same period.

 

Level	2021 median base	2025 median base	Change
Analyst	$80,000	$92,500	+15.6%
Associate	$150,000	$170,000	+13.3%
Manager	$165,000	$235,000	+42.4%

 

Both junior figures trailed cumulative U.S. inflation over that stretch, which means analyst and associate pay lost a little ground in real terms. The manager number tells a different story and points to the firm competing harder to hold people at the level where they become expensive to replace.

 

Read that as a signal about where your earnings actually come from. The money at Analysis Group is in staying long enough to reach the levels the firm is fighting to retain.

 

How Do You Increase Your Analysis Group Salary?

 

There are four moves that meaningfully change what you earn at Analysis Group, and only one of them happens after you have the offer.

 

Tip #1: Target the health care practice if the numbers matter most

 

Health care analysts were filed as high as $100,960 against a $92,500 generalist base, and health care associates carried a $175,000 median against $170,000 for generalists. The practice also concentrates you in life sciences work rather than rotating you across case types.

 

Tip #2: Choose your office on cost of living, not on the pay table

 

Analysis Group pays close to the same analyst base in every U.S. city, so a Denver or Dallas offer is worth substantially more in real terms than a San Francisco one. Candidates routinely get this backwards and chase the coastal office.

 

Tip #3: Plan the graduate degree before you accept the analyst offer

 

The $77,500 step from analyst to associate is gated behind an advanced degree, and the firm's support for applicants is aimed at strong performers. Decide early whether you are on that track, because it determines whether your pay plateaus at $110,000 or keeps climbing.

 

Tip #4: Build a competing offer before you talk about money

 

Base salaries at this level are banded tightly, so you have far more room on signing bonus and start date than on base. A live offer from a peer firm is the only thing that reliably moves the conversation, and it is what gives you the standing to negotiate a consulting offer at all.

 

Every one of those moves depends on getting the offer first. The Analysis Group case interview is where most candidates fall out, and it tests quantitative reasoning and damages logic more heavily than a strategy case does.

 

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Landing the interview comes first, and that is a resume problem. Firms in this space screen hard on quantitative coursework, GPA, and evidence you can handle data, so a consulting resume that buries those signals will not clear the first cut.

 

The Analysis Group salary you end up with is decided less by negotiation than by three earlier choices: which practice you join, which office you pick, and whether you commit to the graduate degree that gets you to the associate level. Get those right and the pay takes care of itself, so start by mapping your target office and practice before you submit a single application.

 

Frequently Asked Questions

 

How much does an Analysis Group analyst make?

 

Analysis Group analysts earn a base salary of $92,500 in most U.S. offices, based on the firm's 2025 Department of Labor filings. Washington DC analysts earn $97,500 and health care analysts have been filed as high as $100,960. Glassdoor estimates average total analyst pay at $108,924 as of June 2026, which implies roughly $16,000 in bonus and other cash on top of base.

 

How much does an Analysis Group associate make?

 

Analysis Group associates earn a median base salary of $170,000 according to 2025 Department of Labor filings. Washington DC associates were filed at $180,000 and one San Francisco associate was filed at $225,000. Associates almost always hold a PhD, an MBA, or a master's degree plus relevant work experience.

 

Does Analysis Group pay well compared to management consulting?

 

Analysis Group pays roughly 15 to 20 percent below McKinsey, BCG, and Bain at both entry points. Undergraduate analysts start around $92,500 versus about $112,000 at MBB firms, and post-graduate associates start around $170,000 versus about $192,000. The trade-off is a longer runway, less up-or-out pressure, and deeper technical work.

 

Which Analysis Group office pays the most?

 

Washington DC pays the most at every level Analysis Group files publicly. DC analysts were filed at $97,500 against $92,500 elsewhere, and DC associates at $180,000 against $170,000 in Boston, Chicago, and Los Angeles. That premium is about 5 percent, which is smaller than the cost of living gap between DC and most other Analysis Group cities.

 

Do Analysis Group analysts get bonuses?

 

Analysis Group does not publish its bonus structure, so the reliable read comes from the gap between filed base pay and reported total pay. Analyst base pay is $92,500 while Glassdoor's average total analyst pay estimate is $108,924, a difference of about $16,000. Employees rate compensation and benefits 4.2 out of 5 on Glassdoor across 2,426 submitted salaries.

 

Do you need a PhD to earn a top Analysis Group salary?

 

You need a graduate degree, though not specifically a PhD. Analysis Group states on its careers site that analysts without a graduate degree must earn an advanced degree to be promoted to associate, and that associates typically hold a PhD or MBA. The firm provides application support and financial support for strong performers who apply to graduate school.

 

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