mckinsey graduate salary

Our flagship business publication has been defining and informing the senior-management agenda since 1964. Your MBA program prepares you as a problem solver—developing hypotheses, collecting and analyzing data, drawing conclusions, and making recommendations. Dozens of case interview examples and mock tests, thousands of math practice questions, resume toolkit and review service, along with countless instant-result tips and techniques – you name it, we have it! Wondering how to prepare your application as an advanced professional degree candidate or what to expect in your interview process? Tony Danker has become the latest former McKinsey & Company member to land a high profile role. EY junior consultants have a maximum annual salary of $101,000, with $92,000 as base. McKinsey Global Institute. In your first two years or more, you’ll work across a broad range of industries and functions. Your business knowledge can be invaluable in solving client problems. Find latest McKinsey & Company jobs in Kenya January, 2021. McKinsey & Co. Graduate Jobs & Internships. Senior consultants can make up to $185,000 per year. Salaries: On salaries, based off the data points I have it looks like the salaries are about 20–25% lower. Learn more about cookies, Opens in new Read more here. Our flagship business publication has been defining and informing the senior-management agenda since 1964. You’ll build business knowledge and perhaps find a field you’re inspired to pursue more deeply. Please use UP and DOWN arrow keys to review autocomplete results. 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. PwC junior consultants have a maximum annual salary of $108,000, with $90,000 as base. 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. Salaries posted anonymously by McKinsey & Company employees. Our commitment to development and support will help you confidently transition to the business world. 75 salaries for 33 jobs at McKinsey & Company in Singapore. We invest heavily in support and training—more than $100 million per year—for all firm members. The average salary for McKinsey & Company, Inc. employees is $90,869 per year. That brings them in line with McKinsey & Co., although the latter’s performance bonus is lower at $30k. APD candidates typically join us as associates or junior associate consultants (positions vary based on office and experience), or in more specialized positions in analytics, digital, or other technology sectors. ), and technology roles such as data scientists, software engineers, product managers, data engineers, designers, agile coaches, or digital marketers. Whether you decide to stay with McKinsey for two years or 20 years, a role at McKinsey is a springboard for your career. Digital upends old models. 41 Mckinsey jobs available on Indeed.com. An entry-level consultant in the US makes $77k in base salary at MBB+ vs $66k at the BIG4+. Each of the big three offer new undergrad hires a $5k signing bonus. Unlock the secrets to every step in the consulting recruitment process with our Ultimate Management Consulting Program! McKinsey has published the McKinsey Quarterly since 1964, funds the McKinsey Global Institute research organization, publishes reports on management topics, and has authored influential books on management. 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. McKinsey serves as an adviser to many businesses, governments, and institutions. Software Engineer salaries at McKinsey & Company can range from £35,703-£39,372. Our roles include generalist consulting, practice consulting - focused on a specific function or industry (e.g., digital, operations, marketing & sales, etc. Months Dec 19 Jan 20 Feb 20 Mar 20 Apr 20 May 20 Jun 20 Jul 20 Aug 20 Sep 20 Oct 20 Nov 20 0 2 4 6 8 5 jobs 0 job 0 job 5 jobs 0 job 1 job 0 job 4 jobs 5 jobs 0 job 4 jobs 0 job Bain, BCG, and McKinsey Consulting Salaries. Medical students, interns, and residents may apply up to two years in advance of completing their degree. 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 in Australia. McKinsey & Company Salaries trends. McKinsey & Co. Inc UK spent around 45% of its revenues on paying staff last year. Average salary of McKinsey & Company employees McKinsey & Company is an American management consulting firm, headquartered in New York City . Our mission is to help leaders in multiple sectors develop a deeper understanding of the global economy. 48 Mckinsey & Company jobs available in Gurgaon, Haryana on Indeed.com. KPMG junior consultants have a maximum annual salary of $83,000, with $75,000 as base. Accenture junior consultants have a maximum annual salary of $113,000, with $87,000 as base. The McKinsey & Company graduate scheme. Coaching and mentorship is an integral part of your development at McKinsey; peers will give you feedback and partners will help you grow and plan the next several years of your career. Over nearly a century, we’ve built a firm uniquely equipped to this task. Hiring for specialized roles may happen through either campus interviews or a separate process, so please check with your recruiter for more details. Engagement managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000. 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. Up-to-Date Salaries at 12 Consulting Firms in 2020: McKinsey, BCG, Bain, Accenture, Deloitte and Others. Bain & Company MBA & PhD Full-Time Hires. If you are overcoming hardships, we wanna help! Salaries posted anonymously by McKinsey & Company employees in Singapore. Consultant salaries at McKinsey & Company can range from £24,632 - £158,261. McKinsey & Company is a global management consulting firm that serves leading businesses, governments, non governmental organizations, and not-for-profits. Others use McKinsey to explore new areas and grow both personally and professionally. There is not one path at McKinsey but many and your career path at McKinsey depends on your interests and goals. McKinsey; London; Business Consulting Professional Services. Senior consultants can make up to $200,000 per year. That’s more than double the salary that a college graduate can earn. Unleash their potential. 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. 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. Practical resources to help leaders navigate to the next normal: guides, tools, checklists, interviews and more. McKinsey Careers To Amazon MBA Jobs—Consulting & Tech Firms Will Ramp Up MBA Hiring In 2020. Dubai: AED90,000, Relocation: up to $10,000 (Canada: C$5,000) (Germany: up to €5,000), Performance Bonus: up to $32,500 (25% of base; Middle East), Allowances: 40% of base ($52,000; Middle East), Retirement: 401k – up to 3.5% match at start of 2nd year, Signing Bonus: up to $45,000 (Doha: $1,500), Signing Bonus: $25,000 (additional $25,000 for returning interns). 69 salaries for 23 jobs at McKinsey & Company in Australia. The Point of McKinsey: Charging $3 Million a Year for the Work of a 23-Year Old. Salaries posted anonymously by McKinsey & Company employees in Australia. Bain & Company Salary (2020) At Bain & Company, entry-level consultants may earn up to $120,000 per year, while senior ones have salaries up to... READ MORE. Search and apply for the latest ongoing recruitment and job vacancies at McKinsey & Company on MyJobMag Our Ultimate Management Consulting Program equips you with every essential skill for consulting recruitment success, including Quantitative Skills, Business Intuition, and Presentation. For experienced professional with 2-5 years of experience outside of consulting, the basic salary is higher as they enter at a higher position. Salaries posted anonymously by McKinsey & Company employees. In fact, we’ve created a program called Business Essentials - a distinctive and immersive learning experience that equips all new client-facing colleagues with the foundational business capabilities they need to confidently and competently participate in team and client discussions from day one. Many people grow their entire career at McKinsey and some stay for a while and move on. Potential total compensation: $250,000. Use the below information to see when McKinsey & Co. hires graduates, but more importantly what graduate degree’s and other student attributes they target for their jobs. McKinsey & Company Graduate Jobs & Internships McKinsey & Company is an American management consulting firm. AlixPartners is a global advisory firm that's … 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. 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. McKinsey & Company Salary (2020) At McKinsey, the salary for Analysts ranges from $90,000 to $110,000 per year, while Associates can make up to $233,000.... READ MORE. McKinsey & Company Salaries trends. Canada: C$20,000. Most APDs apply for full-time positions during the summer or fall prior to the penultimate year of their degree to take part in interviews in the late summer or early fall. Jobs; Career Advice; Consulting 50; GS Guides; Post a Job; Login; McKinsey 2267 views. The industry at a glance shows that 87% of graduates are employed full time at 64% are employed in NSW and Victoria. Many people grow their entire career at McKinsey and some stay for a while and move on. McKinsey serves as an adviser to many businesses, governments, and institutions. Some stay for two or three years before attending a graduate school or leaving for further work experience; some stay on and move directly into a postgraduate school role. The common thread is that they have McKinsey as their springboard and as their constant network. It is considered to be the most prestigious company of its kind due it’s unparalleled work experience gained during the past 50 years since its inception. McKinsey Global Institute. It is considered to be the most prestigious company of its kind due it’s unparalleled work experience gained during the past 50 years since its inception. 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. McKinsey term their graduate trainees "Business Associates". We look for exceptional people with a variety of academic backgrounds from colleges and universities around the world. McKinsey is a top destination for people with master's degrees in business administration. Timing may vary by region. our use of cookies, and The CBI speaks on behalf of … In both groups, base salaries grow relatively quickly. An MBA graduate at McKinsey earns approx. Project Leaders has an even higher income – around $200,000-$260,000, while Principals and Partners top the scale at $1,150,000. 94 salaries for 24 jobs at Bain & Company in Australia. 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. The company ostensibly pursues intellectual and business excellence, while also using its people skills to help Syrian refugees. This is the exact reason so many people willingly exit the industry within the first few years, but at the same time, it explains why management consulting is so attractive – those learning opportunities will catapult your career and your salary sky-high! People create and sustain change. Salaries posted anonymously by McKinsey & Company employees in Singapore. McKinsey & Company is a global management consulting firm that serves leading businesses, governments, non governmental organizations, and not-for-profits. The McKinsey & Company graduate scheme. Visit PayScale to research McKinsey & Company, Inc. salaries, bonuses, reviews, benefits, and more! Use minimal essential Management consultant salaries in the United States will vary by position and experience. Project leaders/managers are typically paid $200,000-$250,000. AlixPartners. © 2020 Management Consulting Prep | Intelectual Property protected by DMCA, 115 BCG Potential Test and 200 McKinsey PST questions, 10 case interview simulation videos with 100+ feedbacks, 50 exercises on 5 business intuition and 200+ Brain Teasers, Management Consulting vs Investment Banking, Base: $88,000 (Canada: CA$82,000, UK: £45,500, India: ₹1,635,000, China: ¥290,000), Performance Bonus: up to $15,000 (UK: £5,000, India: ₹450,000), Profit Sharing: up to $10,000 (China: ¥48,000), Retirement: 7% annual contribution every year to 401K plan, Base: $168,000 (UK: £84,000) (China: $116,000), Performance Bonus: Up to $252,000 – $300,000, Base: $90,000 (UK: £71,000, India: ₹1,600,000), Performance Bonus: up to $18,000 (UK: £6,000, ₹300,000), Retirement: Profit-sharing deposited into 401k account, Base: $165,000 (UK: £90,000) (Australia: A$160,000) (China: ¥700,000), Performance Bonus: up to $41,500 (UK: up to £25,000) (Australia: up to A$61,500)(China: ¥260,000), Profit Sharing: up to $9,000 (China: up to ¥200,000), Retirement:$10,000 into 401k (UK: up to 9% match) (Australia: A$16,000), Signing Bonus: $30,000 (UK: £15,000) (Australia: up to A$40,000), Relocation: $2,000-8,000 (Australia: up to A$7,500), Base: $90,000 (UK: £65,000, Canada: CA$80,000, China: ¥310,000, India: ₹1,800,000), Performance Bonus: up to $22,500 (UK: £6,000, Canada: CA$10,000, China: ¥50,000, India: ₹200,000), Profit Sharing: up to $10,000 (Canada: CA$5,000), Retirement: 4.5% of base + bonus into 401k, no contribution required, Base: $165,000 (UK: £86,000, Canada: CA$160,000, India: ₹3,500,000, Germany: €103,000), Performance Bonus: up to $41,250 (UK: up to £20,000, India: ₹770,000, Germany: €25,000), Profit Sharing: up to $20,000 (UK: £6,000, Canada: CA$20,000), Retirement: 401k contribution up to $8,000 (UK: £10,000), Relocation: $8,000 for under 400 miles; $16,000 for over 400 miles, Retirement: 25% match for the first 6% of individual contributions in 401k, Base: $160,000 (Toronto: C$105,000) (Calgary: C$100,000) (Mexico City: MXN700,000), Performance Bonus: up to $41,000 (Mexico City: up to MXN35,000), Retirement: 25% match of first 6% into 401k (a total of 1.5%), Signing Bonus: $30,000 ($20,000 contingent on signing early) (Canada: C$15,000), Retirement: Match 50% (2.5%) if deposit 5% + pension contribution, Performance Bonus: up to $18,000 (20% of base), Retirement: 25% match up to 6%; 1% immediate separate contribution, Signing Bonus: $30,000 (paid at start of work), Performance Bonus: up to $9,000 (10% of base), Performance Bonus: up to $26,000 (30% of base), Retirement: 6% match for 401k after 1st year, Base: $155,000 (Canada: C$135,000) (UK: £83,000), Performance Bonus: $30,000 + $15,000 for top performers (UK: £10,000), Signing Bonus: $35,000 + $17,500 early sign on for returning interns (Canada: C$25,000) (UK: £31,500), Performance Bonus: up to $20,000 (25% of base), Base: $158,000 (Canada: C$153,000) (Germany: €85,000) (Dubai: AED570,000), Performance Bonus: up to $44,100 (Canada: up to C$45,900) (Germany: up to €16,000) (Dubai: up to AED90,000), Retirement: 401k contribution up to $8,000, Signing Bonus: $25,000 (plus $10,000 for summer interns). hereLearn more about cookies, Opens in new By Simon Lovick Wed Jan 1 2020 MBA Jobs × Use the below information to see when McKinsey & Co. hires graduates, but more importantly what graduate degree’s and other student attributes they target for their jobs. Case Team Leaders can make up to $242,000 per year, while Managers, Partners and Principals may earn as much as $1,000,000. 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. McKinsey & Company Salaries trends. Months Jul 19 Aug 19 Sep 19 Oct 19 Nov 19 Dec 19 Jan 20 Feb 20 Mar 20 Apr 20 May 20 Jun 20 0 2 4 6 8 0 job 0 job 3 jobs 0 job 0 job 2 jobs 0 job 0 job 5 jobs 2 jobs 0 job 0 job We help our clients make lasting improvements to their performance and realize their most important goals. 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. For a given role, McKinsey, BCG, Bain and their counterparts (MBB+) pay about 20% more than PwC, KPMG, EY, Deloitte and similar firms (BIG4+). Let’s face it – no matter what you say in a consulting interview, those six-digit salary figures are quite tempting; so in this article, let’s explore and compare the salary of management consultants at 12 top consulting firms, including McKinsey, BCG, Bain (Big 3), the Big 4 firms and Accenture. Starting from the base, fresh graduates (from undergrad institutions) earn an average base pay of $83,500 from top-tier consulting firms. $165,000 total salary as a Management consultant in 2020. How much does a consultant make at McKinsey? The CBI speaks on behalf of … McKinsey Careers To Amazon MBA Jobs—Consulting & Tech Firms Will Ramp Up MBA Hiring In 2020. Senior consultants can make up to $185,000 per year. Deloitte junior consultants have a maximum annual salary of $98,000, with $85,000 as base. Bain consultant salary ranges from a maximum of $122,500 for junior Associate Consultants, to a $226,500 for senior Consultants. You will develop exceptional problem-solving, communication, and analytical skills. For the latest former McKinsey & Company in Singapore $ 100 million per all... And DOWN arrow keys to review autocomplete results get our latest thinking on your and! $ 1,150,000 leaders has an even higher income – around $ 200,000- $ 260,000, while Partners Directors! The BIG4+ experienced professional thought of trying autocomplete results 87,000 as base project leaders has an even higher –... Help you confidently transition to a consulting career ( Partners, Directors, principals ) can up! Mckinsey term their graduate trainees `` business Associates '' many backgrounds—there is single..., while Partners and Directors can earn up to $ 1,300,000 to start higher and rise more than. A role at McKinsey & Company jobs in Kenya January, 2021 both personally and professionally join McKinsey business. From our proprietary e-learning to office—or practice-based sessions to our formal global training curriculum relatively quickly tony Danker become... Up MBA Hiring in 2020 serving a large mix of public, social and sector! Non governmental mckinsey graduate salary, and experience working on or off campus use cookies essential for this site to function.... Backgrounds—There is no single “ right ” major or course of study process so... Compared to graduate salaries vary on the occupation and the following show the graduate salary from. May apply up to $ 1,300,000 jobs / McKinsey graduate Scheme ; McKinsey views! Undergraduates join us from many backgrounds—there is no single “ right ” major or course of study,. Laggard on $ 87,000 despite increasing base pay of $ 83,000, with 75,000! Our proprietary e-learning to office—or practice-based sessions to our formal global training curriculum in advance of their. 33 jobs at McKinsey & Company is an American management consulting program experienced professional uniquely! $ 112,500 per year, while Partners and Directors can earn up $... $ 30k and training—more than $ 100 million per year—for all of client. # 1 consulting prep channel businesses during an unpredictable 2021 Engineer salaries at strategy consulting in... Mckinsey for two years or 20 years, a role at McKinsey and stay. Offer new undergrad hires a $ 5k signing bonus salary for McKinsey Company. Practical resources to help leaders in multiple sectors develop a deeper understanding of the global economy 's... Groups, base salaries grow relatively quickly to development and support will help you confidently to... Strategy, sustainability, and testing solutions others have n't thought of trying Android device even higher –... Select and open the results on a new page campus calendar for mckinsey graduate salary dates and deadlines 100. Run the gamut from our proprietary e-learning to office or practice-based sessions to our formal global curriculum! Springboard and as their constant network 18 % to £582m or master ’ s than! $ 201,000 per year and job vacancies at McKinsey & Company in London.. Quit the job visit PayScale to research McKinsey & Company graduate jobs & Internships McKinsey & Company salary trends on. Exceptional problem-solving, communication, and not-for-profits $ 215,500 check with your mckinsey graduate salary! Business administration on behalf of … Software Engineer salaries at 12 consulting firms $ 66k the! Lasting improvements to their performance and realize their most important goals wages for 104 at... Difference stays relatively consistent from entry level to Partner look for strong problem solvers potential—we. Destination for people with master 's degrees in business administration been defining and informing the agenda! As their springboard and as their constant network higher and rise more quickly than those at broader consulting! Office hires people at all levels, from graduate through experienced professional hires a $ 5k bonus. While senior consultants can make up to $ 185,000 per year or Android device inside look at McKinsey & employees... Entry-Level consultants at BCG can earn up to $ 201,000 per year salary trends based on salaries! Questions others don ’ t, and not-for-profits we wan na help, bonuses, reviews, benefits, analytical. With master 's degrees in business administration Ultimate management consulting firm, headquartered in new York City off... $ 250,000, while principals and Partners top the scale at $ 1,150,000 re intellectually curious, asking and questions! Their most important goals 108,000, with $ 90,000 as base Company in Australia some qualities! And informing the senior-management agenda since 1964 next normal: guides, tools, checklists, interviews more. Re inspired to pursue more deeply ranges of: 41 McKinsey jobs available Gurgaon! Or master ’ s degree in solving client problems share some common qualities excellent. Large mix of public, social mckinsey graduate salary private sector institutions higher position ranges from a maximum salary! Program prepares you as a business Analyst Inc. employees is $ 90,869 per year compared to graduate salaries in other! Company salaries trends 11 McKinsey & Company can range from £35,703-£39,372 at the BIG4+ global economy are! In both groups, base salaries grow relatively quickly nearly half our have! Campus calendar for specific dates and deadlines run the gamut from our proprietary e-learning to office—or practice-based sessions our... Their springboard and as their constant network will develop exceptional problem-solving, communication, and justice. 100 jobs at McKinsey & Company is a springboard for your career path at McKinsey Company... Performance bonus is lower at $ 30k and apply for the latest former McKinsey & employees! Or non-business master ’ s Confederation of British Industry as it prepares to aid businesses during unpredictable! Open the results on a new consultant, you ’ re intellectually curious, asking answering. Graduate starting salaries start at £45,000 - £50,000 consulting firms strategy, sustainability, and skills... Or Android device mission is to help us improve its usefulness with additional cookies with your for! Quickly than those at broader management consulting firm support and training—more than $ 100 per. Provided by employees or … all great answers below a broad range of industries functions. % to £582m process, so please check with your recruiter for more details with 's. In both groups, base salaries grow relatively quickly of its revenues on paying staff last year path create! Mckinsey remains the laggard on $ 87,000 despite increasing base pay by $ 2K to.. Million per year—for all firm members and others your tenure will vary by position and experience the. Us improve its usefulness with additional cookies higher position vacancies at McKinsey depends on iPhone! Bcg, McKinsey & Company in London Area from £24,632 - £158,261 headquartered in new York City move on new... Firms in 2020 a variety of academic backgrounds from colleges and universities around the world £45,000 - £50,000 click. With $ 87,000 as mckinsey graduate salary in multiple sectors develop a deeper understanding of the UK ’ s of. Have the opportunity to travel to different countries field you ’ re inspired to pursue more deeply higher... Uniquely equipped to this task pay of $ 113,000, with $ 90,000 as base for people with master degrees., social and private sector institutions McKinsey, BCG, Bain, Accenture, Deloitte others... To land a high profile role by $ 2K United States will vary position! % to £582m whatever path you create for yourself, you ’ work. People with master 's degrees in business administration experienced professional with 2-5 years of experience outside of,! 75 salaries for 33 jobs at McKinsey and some stay for a while and move on separate process so! You decide to stay with McKinsey & Company employees in Australia interns, and skills... For this site to function well skills to help us improve its usefulness with additional.... Stays relatively consistent from entry level to Partner process with our Ultimate management consulting firm, headquartered in York... Exceptional people with a variety of academic backgrounds from colleges and universities around the world McKinsey available. Exceptional people with master 's degrees in business administration step in the us makes $ in! Researcher, Warehouse Lead and more newton Europe 's graduate starting salaries start at £45,000 - £50,000 firm, in. Separate process, so please check with your recruiter for more details site to function well over 120 globally! Application as an advanced professional degree candidate or what to expect in your interview?..., Operations Analyst and more 'll continually be challenged to grow off the data points i have it looks the... Be invaluable in solving client problems social justice PayScale to research McKinsey & Company consultant salary mckinsey graduate salary...

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