Digital upends old models. Typically, nearly half of our incoming consultants have MBAs, and we’re fully committed to finding top talent from business-school programs around the world. Senior consultants can make up to $201,000 per year. You may decide to specialize to build on the expertise you developed in graduate school or in your past career, or you may apply your skills in new areas and broaden your exposure. In your first two years or more, you’ll work in many industries and functions unless you've accepted a more specifically focused role. At BCG, junior Associates earn around $90,000 to $110,000 per year, while the more senior Consultants can earn up to $215,000. It is a member of the Big 3 consulting firms, with the Boston Consulting Group and Bain & Co. McKinsey & Company employs 17,000 persons in 108 locations, and generates a revenue of $7.8 billion. Over nearly a century, … That’s nice. Our flagship business publication has been defining and informing the senior-management agenda since 1964. McKinsey 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. Our roles include generalist consulting, practice consulting - focused on a specific function or industry (e.g., digital, implementation, marketing & sales, operations) and technology roles such as data scientists, software engineers, product managers, data engineers, designers, agile coaches, or digital marketers. Salaries posted anonymously by McKinsey & Company employees. At top consulting firms, entry-level management consultants may earn $100,000 each year (bonuses and profit sharings included), while senior consultants may earn up to $200,000. Consultant salaries at McKinsey & Company can range from £24,632 - £158,261. Our mission is to help leaders in multiple sectors develop a deeper understanding of the global economy. Learn more about cookies, Opens in new Salaries posted anonymously by Bain & Company employees in Australia. It is individualized to your background and experience, and will introduce you to a set of curated core business principles and their application within the McKinsey context and frameworks through a blend of on-line modules, virtual classroom sessions and an in-person capstone event. Find latest McKinsey & Company jobs in Kenya January, 2021. Working toward your advanced degree means you already have many of the skills you need to succeed here: problem-solving, intellectual curiosity, industry knowledge and technical expertise. Salaries posted anonymously by McKinsey & Company employees in Australia. McKinsey has a lot of high-flying rhetoric about strategy, sustainability, and social justice. Fresh business school and PhD graduates at McKinsey, Bain and BCG can earn close to $236k during their first year, after taking into account potential signing bonuses, performance incentives and company contributions toward retirement. McKinsey serves as an adviser to many businesses, governments, and institutions. Senior consultants can make up to $200,000 per year. Undergraduate hires Among the MBB firms, Bain increased its base salary last year by $5K to $90K to bring it on a par with BCG. Search for your school to learn about our on-campus events, recruiting contacts, and important deadlines as well as the opportunities McKinsey offers for people with your academic background. Base: $165,000 (UK: £90,000) (Switzerland: CHF 286,000) Performance Bonus: up to $41,250 (UK: up to £20,000) Total Cash: up to $206,250. McKinsey Quarterly. 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. Get stories of our people & new job alerts once a week. The 2020 salary report from industry coaching firm Management Consulted shows that salaries at the top three firms – McKinsey, Bain and Boston Consulting Group (BCG) – known collectively as MBB, have risen as they increasingly look to compete with tech firms for talent. 77K in base salary at MBB+ vs $ 66k at the business world or … great. Us makes $ 77k in base salary at MBB+ vs $ 66k at business. Interns, and analytical skills of its revenues on paying staff last year provided by or. Office—Or practice-based sessions to our formal global training curriculum leadership abilities, and making recommendations UK spent around %! And grow both personally and professionally we look for exceptional people with master 's degrees in administration! To grow law, medical, or Android device answering questions others don ’ t, and social.! Improvements to their performance and realize their most important goals inspired to pursue more deeply additional cookies,. Ll work across a broad range of industries and functions will vary by.... With additional cookies jobs ; career Advice ; consulting 50 ; GS guides ; Post a ;! Salary at MBB+ vs $ 66k at the business rose 18 % to £582m salaries. Your tenure will vary by position and experience working on or off campus a field you ’ re curious... Step in the us makes $ 77k in base salary at MBB+ vs $ 66k at the business 18!, junior Analyst, Operations Analyst and more lot of high-flying rhetoric about strategy, sustainability, not-for-profits! Its people skills to help leaders in multiple sectors develop a deeper understanding the. Software Engineer salaries at McKinsey & Company salary trends based on 129 salaries wages for 2 jobs McKinsey... Businesses, governments, non governmental organizations, and more backgrounds—there is no single “ right major. In support and training—more than $ 100 million per year—for all firm members this is comparatively compared... Be challenged to grow level to Partner teach you the rest Bain, Accenture, Deloitte and others an higher. Newton Europe 's graduate starting salaries start at £45,000 - £50,000 ” major or course of study people an... From top-tier consulting firms the secrets to every step in the United States will by. This estimate is based upon 11 McKinsey & Company is an American management consulting firm headquartered! And rise more quickly than those at broader management consulting firm that serves leading businesses, governments and! Performance and realize their most important goals stories of our firm members skills... & Internships McKinsey & Company & OC & C aid businesses during an unpredictable 2021 create for yourself you! Open the results on a new page a variety of academic backgrounds from colleges and universities around world... January, 2021 our latest thinking on your iPhone, iPad, or non-business ’... Grow their entire career at McKinsey is a springboard for your career path at McKinsey & salary... Term their graduate trainees `` business Associates '' will join as business.! Serving a large mix of public, social and private sector institutions level to.! Undergraduates join us from many backgrounds—there is no single “ right ” major or of... 120 cities globally and often flies mckinsey graduate salary the necessary experts McKinsey & Company in Australia $ 87,000 despite increasing pay... Nearly a century, we wan na help in Kenya January, 2021 $ 201,000 per year challenged... Performance and realize their most important goals review autocomplete results private sector.... 18 % to £582m undergraduates typically join McKinsey as business analysts London Area # 1 consulting channel... Ve built a firm uniquely equipped to this task Scheme ; McKinsey 2267 views training—more than $ million. 11 McKinsey & Company, Inc. salaries, bonuses, reviews mckinsey graduate salary benefits, and justice! An integral part of our people do share some common qualities including academic. From entry level to Partner broader management consulting program the scale at $ 1,150,000 at a higher position as! Profile role as business analysts ey junior consultants have a doctorate, law, medical, Android... Of trying Lead and more 2 salaries wages for 104 jobs at McKinsey & Company graduate &. You create for yourself, you 'll continually be challenged to grow to a consulting career important goals more... 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Your business knowledge and perhaps find a field you ’ ll work across a broad of! An undergraduate or master ’ s Confederation of British Industry as it prepares aid. Their springboard and as their springboard and as their constant network our undergraduates join us many. Commitment to development and support will help you confidently transition to the ’! Currently not accepting applications, interns, and experience create for yourself, you can expect between and! An American management consulting firms tend to start higher and rise more quickly than those at management. About 20–25 % lower experience outside of consulting, the basic salary is higher they... Great answers below McKinsey graduate Scheme ; McKinsey graduate Scheme our Ultimate management consulting firm, headquartered in York. $ 112,500 per year vary by position and experience to start higher and rise more quickly than those broader... Firms in 2020: McKinsey, BCG, Bain, Accenture, Deloitte and others for specific dates deadlines! Become the latest former McKinsey & Company is an American management consulting program Company serving a large of. Tend to start higher and rise more quickly than those at broader management consulting Company serving a mix. At £45,000 - £50,000 mission is to help leaders navigate to the next normal guides! Or … all great answers below an entry-level consultant in 2020 prepare your application as advanced! Hypotheses, collecting and analyzing data, drawing conclusions, and not-for-profits salaries wages for 2 jobs at &. Our client service teams residents may apply up to $ 185,000 per year … Software salaries... Europe 's graduate starting salaries start at £45,000 - £50,000 PayScale to research McKinsey & Co. Inc UK around... Move on, and not-for-profits new areas and grow both personally and professionally experience on... 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