Mckinsey and company associate salary

The firm is popular among b-school grads, offering some of the largest salaries in the consulting industry.

Source: Glassdoor. Figures in this chart represent the highest available data points. Read more: Salary of Top Consulting Firms The precise numbers vary from place to place, and we will provide additional insights where possible. Business allowance is also not presented here.

Mckinsey and company associate salary

You'll work in teams of typically 3 - 5 consultants to identify, and oftentimes implement, potential solutions for a specific client problem or challenge. Together, you will help clients make lasting improvements to their performance and realize their most important goals. Over the course of each project, you will gather and analyze information, formulate and test hypotheses, and develop and communicate recommendations. You'll also present results to client management and implement recommendations in collaboration with client team members. In some cases, you will be asked to travel to your client site. When you join McKinsey, you are joining a firm whose culture is distinctive and inclusive. We will accelerate your development as a leader to create positive, enduring change in the world. As an associate, you will receive training and coaching on how to better:. This will include a senior colleague from your office or practice who will help you grow and achieve your career goals. Additionally, you will have a professional development manager who manages staffing to help you choose projects based on your priorities as well as the needs of client service teams. While all consultants develop specialized knowledge as they progress with McKinsey, most are initially broad in their focus, meaning they do not need specific industry or functional expertise to be successful.

McKinsey invests heavily in training its consultants, with extensive training programs that outmatch the quality of Big 4 and Tier 2 firms training programs. We asked Sydney Streetssenior manager of North America recruitment for McKinsey, what the firm looks for in potential consultant hires. Therefore, the below data should only be used for reference purposes.

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Source: Glassdoor. Figures in this chart represent the highest available data points. Read more: Salary of Top Consulting Firms The precise numbers vary from place to place, and we will provide additional insights where possible. Business allowance is also not presented here. The figures in this article are rounded to the closest Actual figures may vary, depending on location, position, experience, performance, and report time. However, it's worth noting that Glassdoor is known to be a platform where users can anonymously share their salary and compensation information. As such, it can be difficult to verify the accuracy of the data presented.

Mckinsey and company associate salary

You'll work in teams of typically 3 - 5 consultants to identify, and oftentimes implement, potential solutions for a specific client problem or challenge. Together, you will help clients make lasting improvements to their performance and realize their most important goals. Over the course of each project, you will gather and analyze information, formulate and test hypotheses, and develop and communicate recommendations. You'll also present results to client management and implement recommendations in collaboration with client team members. In some cases, you will be asked to travel to your client site. When you join McKinsey, you are joining a firm whose culture is distinctive and inclusive.

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Read next. McKinsey remains committed to inclusive leadership and is looking for people who value and practice it. We will accelerate your development as a leader to create positive, enduring change in the world. Related product. McKinsey offers generous vacation and paid time-off policies that can be extended to 20 weeks for maternity leaves and around three weeks for vacation. Actual salaries may vary and may be above or below the range based on various factors, including, but not limited to an individual's assigned office location, experience and expertise. The figures in this article are rounded to the closest McKinsey provides fully comprehensive health insurance plans with a broad range of coverage options, which results in employees paying less for better health services. Additionally, you will have a professional development manager who manages staffing to help you choose projects based on your priorities as well as the needs of client service teams. Keep me logged in. The quality and range of services for McKinsey consultants are generally better than their counterparts at Big 4 and Tier 2 firms. You need to talk to people who did it before, practice cases, and be at the top of your game for the interviews.

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This article is updated annually. Source: Glassdoor. The salary figures in this article are for those joining management consulting positions in Figures in this chart represent the highest available data points. With the ever-advancing march of technology across all sectors, digital skills are vital in consulting and McKinsey is seeing increasing numbers of candidates with programming and coding skills. In some cases, you will be asked to travel to your client site. Retirement: Minimum 7. You might like:. Each promotion to a higher level will also coincide with a salary leap. You need to talk to people who did it before, practice cases, and be at the top of your game for the interviews. Figures in this chart represent the highest available data points in each location.