Which colleges does McKinsey recruit from?
They recruit at elite schools like Harvard, Cornell, Dartmouth, Yale et.
What is starting salary at McKinsey?
McKinsey: Base Salary: $152,500. Performance Bonus: $35,000 max.
Is it difficult to get into McKinsey?
The odds of getting hired by McKinsey & Company are less than 1%. Deemed one of the “Big Three” consulting firms, a job at McKinsey is more than coveted. In 2018, the firm received 800,000 applications, but only 8,000 people got offers, the company told Business Insider.
Who consults McKinsey?
The clients are often leading businesses (e.g., Fortune 1,000 companies like Coca-Cola and Microsoft), investors (e.g., Private Equity firms like KKR), governments (e.g., US Dept. of Energy) and nonprofits (e.g., Bill and Melinda Gates Foundation).
What GPA do you need for McKinsey?
At McKinsey, BCG or Bain, a candidate should have at least 3.6 GPA to insure against any doubts about academic achievements. However, lower GPAs do not automatically disqualify a candidate; a 3.2-GPA resume can still pass to the next round if it shows outstanding achievements elsewhere.
Why is McKinsey so prestigious?
McKinsey’s biggest improvements stem from work requirements and culture. Overall, McKinsey’s best performance came in Exit Opportunities (9.920), Business Outlook (9.868), Selectivity (9.839), Benefits (9.837), and International Opportunities (9.817).
Does McKinsey pay well?
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.
Will McKinsey pay for your MBA?
Short answer: Yes. It’s quite common for McKinsey, BCG, Bain, Deloitte et al to offer to fully pay MBA tuition for their existing employees (eg Susan has been at McKinsey for two years and wants to get her MBA).
How do I pass a McKinsey interview?
McKinsey Answer-First Style
- Maintain structure throughout.
- McKinsey interviews require you to solve your McKinsey math to the ones place.
- Take 30 seconds or so in between each of the questions to prepare an answer.
- Give deeper second (and third) level McKinsey insights.
- Be answer first (think Pyramid Principle)
How many hours a week do McKinsey consultants work?
Those projects are really interesting to work on because you go really deep in 2 weeks on whatever you’re doing but it’s not a pace that you want to sustain for too long. Generally speaking though, it was usually a 60-70 hour working week.
What are the Big 5 consulting firms?
The Top Consulting Firms
- McKinsey & Company.
- The Boston Consulting Group, Inc.
- Bain & Company.
- PricewaterhouseCoopers LLP.
- Booz Allen Hamilton.
- EY LLP Consulting Practice.
How hard are McKinsey interviews?
McKinsey interviews are among the hardest job interviews in the world. The questions are difficult, specific to McKinsey, and the interviewer can sometimes seem intimidating. But the good news is that with the right preparation it can actually become relatively straightforward to succeed at a McKinsey interview.
Is McKinsey a good company?
McKinsey is an amazing place to learn, grow and drive a lot of impact in different industries and functions. It’s demanding in every sense but also very rewarding. It can be very fast paced, but there is a strong supportive culture, colleagues tend to be very helpful, and help is always found if you need it.
Which is better BCG or McKinsey?
McKinsey offers the best salaries to attract the best candidates. McKinsey has more competing offers outside of consulting. The firm is competing not only with Bain and BCG, but also with major players in other industries who are also interested in prestige, like banking/finance in particular.
How does McKinsey make money?
McKinsey’s business model also generates a second round of revenue from its government work: The firm effectively sells data it obtains from one government project to other agencies.