Mckinsey and company associate salary

The firm is popular among b-school grads, offering some of the largest salaries in the consulting industry. These numbers are just starting salaries. Each promotion to a higher level will also coincide with a salary leap.

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. For consultants who join McKinsey as experienced professionals, this can mean building on previous knowledge or developing experience in an area that is completely new.

This makes their k plans better than what other consulting firms offer.

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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.

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.

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To increase your battle power, have a look at our guide to consulting resumes to craft the resume that helps you stand out. Apply Now. The fringe benefits offered by McKinsey are generally more comprehensive and generous than those offered by other firms in the industry. You'll work in teams of typically 3 - 5 consultants to identify, and oftentimes implement, potential solutions for a specific client problem or challenge. Actual figures may vary, depending on location, position, experience, performance, and report time. Furthermore, consulting firms do not openly disclose their salary information. Additionally, McKinsey offers a comprehensive benefits package, including medical, dental and vision coverage, telemedicine services, life, accident and disability insurance, parental leave and family planning benefits, caregiving resources, a generous retirement program, financial guidance, and paid time off. The firm also has options for sabbaticals and extended leaves for personal or professional development. Read more: Salary of Top Consulting Firms This makes their k plans better than what other consulting firms offer. As such, it can be difficult to verify the accuracy of the data presented. McKinsey offers many additional perks, such as subsidized gym memberships, wellness programs, on-site fitness centers, employee assistance programs, etc.

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Additionally, McKinsey offers a comprehensive benefits package, including medical, dental and vision coverage, telemedicine services, life, accident and disability insurance, parental leave and family planning benefits, caregiving resources, a generous retirement program, financial guidance, and paid time off. Retirement: Minimum 7. Over the course of each project, you will gather and analyze information, formulate and test hypotheses, and develop and communicate recommendations. Actual figures may vary, depending on location, position, experience, performance, and report time. As an associate, you will receive training and coaching on how to better:. You'll also present results to client management and implement recommendations in collaboration with client team members. McKinsey provides fully comprehensive health insurance plans with a broad range of coverage options, which results in employees paying less for better health services. 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. Read next. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law.