How much does a Associate at McKinsey make?

Published by Charlie Davidson on

How much does a Associate at McKinsey make?

The typical McKinsey & Company Associate salary is ₹30,40,588 per year. Associate salaries at McKinsey & Company can range from ₹15,27,487 – ₹44,06,687 per year. This estimate is based upon 38 McKinsey & Company Associate salary report(s) provided by employees or estimated based upon statistical methods.

How much do McKinsey senior associates make?

McKinsey & Company Salary FAQs The average salary for a Senior Associate is $94,819 per year in United States, which is 44% lower than the average McKinsey & Company salary of $169,740 per year for this job.

How much do McKinsey junior consultants make?

McKinsey & Company Salary FAQs The average salary for a Junior Associate is £35,648 per year in United Kingdom, which is 44% lower than the average McKinsey & Company salary of £63,961 per year for this job.

How much do McKinsey summer associates make?

McKinsey & Company Salary FAQs The average salary for a Summer Associate is $88,297 per year in United States, which is 45% lower than the average McKinsey & Company salary of $163,291 per year for this job.

Is working for McKinsey worth it?

Ongoing Mentorship and Training Ongoing mentorship and training at McKinsey make the firm a great place to work. McKinsey places a great emphasis on continual learning and improvement for all employees. Mentorship programs – both formal and informal – provide excellent opportunities to learn.

Is it worth working at McKinsey?

Excellent Exit Opportunities McKinsey is one of the most well recognized brands in the world. Having the McKinsey name on your resume shows that you’re smart, can work hard, and have worked on challenging projects.

Is working at McKinsey hard?

Long Hours. You can’t work for one of the top firms on exciting projects without a strong work ethic. McKinsey consultants are known to be amongst the hardest working in the consulting industry, which is saying a lot.

How hard is it to get hired at McKinsey?

McKinsey reportedly receives more than a million applications per year and hires less than 1% of them. The Top 3 consulting firms are among the ten most selective employers in the world and it is notoriously difficult to receive a job offer.

Is it worth working for McKinsey?

Is working at McKinsey stressful?

McKinsey can be a high-stress environment McKinsey consultants are frequently performance reviewed and work under high expectations. Everyone has seen other consultants give in to the stress. People get overwhelmed, burn out, and sometimes get sick.

How much does a McKinsey consultant make per year?

McKinsey & Company Salary (2020) At McKinsey, the salary for entry-level consultants (Analysts) ranges from $90,000 to $110,000 per year, while the figure for MBA-level/experienced Associates can go up to $233,000. Engagement Managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000.

How much does McKinsey BCG and Bain pay?

For recently graduated undergraduates and Masters students, the base salaries at McKinsey, BCG and Bain in London start from £40,000 and can be as high as £45,000. This is comparatively high compared to graduate salaries in most other fields.

How much does a McKinsey engagement manager make?

McKinsey Engagement Manager Salary (2020) 1 Base: $175,000 2 Performance Bonus: Up to $77,000 3 Profit Sharing: $30,000 4 Total Annual Salary: up to $282,000

How much do you get for a MBA at McKinsey?

Bonuses at the undergraduate entry-level have been as low as £0 and as high as £6,000 depending on the firm. For experienced hires joining below the MBA level the bonuses are typically around £10,000 and up to double this amount for top performers.

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