Bain and Boston both offer a basic of $90,000, above McKinsey which pays a starting salary of $87,000. Associate salaries at McKinsey & Company can range from $130,000 - $180,000. This estimate is based upon 250 McKinsey & Company Associate salary report (s) provided by employees or estimated based upon statistical methods. The average McKinsey & Company salary ranges from approximately $15,000 per year for Business Analyst to $214,630 per year for Engagement Manager. There are junior partners and senior partners. Engagement managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000. Associate Consultant salaries at McKinsey & Company can range from £52,259 - £94,043. The only exception would be if you were hired as an Expert. McKinsey fosters innovation driven by analytics, design thinking, mobile and social by developing new products/services and integrating them into our client work. 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. 1. Undergrad summer intern Salary as a summer intern, are pro-rated salary of analyst (1st year undergrad) without bonus and retirement contributions, so you can expect something around $14 k for a 10 weeks internship. You will typically work in teams of 3 – 5 consultants as an active player in every client project. The Average Salary of a Consultant at McKinsey, Bain or BCG in London . Check out the latest Associate Consultant Jobs or see Associate Consultant Salaries at other companies. This estimate is based upon 7 McKinsey & Company Associate salary report(s) provided by employees or estimated based upon statistical methods. McKinsey Associates in the US may earn up to $200,000 per year in salary, with $168,000 base and $35,000 performance bonus. The base salary for a consultant is about $88,000, with a performance bonus of $13,000. Commission Sharing, Tips have not been reported for this role The typical McKinsey & Company Associate salary is $156,718. See if they're hiring! For instance, when promoted from Associate to Consultant at BCG, your base salary almost doubles. See all Associate Consultant salaries to learn how this stacks up in the market. You’ll focus on developing marketing and sales strategies for leading companies of all major industries, including consumer goods, financial services, retail, telecommunications, and logistics. In most other developed countries, the salary ranges … It is helping to shift our model toward asset-based consulting and is a foundation for, and expands our investment in, our entrepreneurial culture. Salaries and bonuses for Masters and undergraduate hires at top consulting firms. In other developed countries, the salary fluctuates around $80,000, while in developing nations such as India, the number is roughly $25,000-$30,000 (profit sharing not included). Stock Bonus, Profit Sharing, Commission Sharing, Tips have not been reported for this role The typical McKinsey & Company Associate Consultant salary is £85,580. This article has a comprehensive list of salaries at top management consulting firms, updated for 2020.... Entry-level consultants at BCG can earn up to $112,500 per year, while senior consultants can make up to $215,500. In other developed countries, the salary fluctuates between $170,000 to $200,000, while in developing nations, the number is roughly $80,000 to $100,000 (profit sharing not included). 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. At Bain, they have a similar tiering: junior partners are called "Operational VPs" and senior partners are "Directors." Free 1 month access by adding just 1 salary datapoint here REAL salary bonus data across 1,000+ companies Plus free 1 month access to 10,000+ interview insights McKinsey Global Institute. Project Leaders have a maximum annual salary … Analyst (1st year out of undergraduate) Signing Bonus: $5 k. Base salary: $80 k. Relocation bonus: $2-8 k. End-year bonus: up to $12 k (in BCG and McKinsey up to $18 k) The typical McKinsey & Company Associate Partner salary is $222,364. Consultants can also receive a signing bonus of $12,500. 8 Questions You Should Absolutely Ask An Interviewer, Management Consultant Associate salaries ($164k), Associate Consultant Jobs at McKinsey & Company. How to Answer: What Are Your Strengths and Weaknesses? … At McKinsey, an undergrad is given the job title of “business analyst.” At BCG, an undergrad is an “associate,” and at Bain an “associate consultant.” An MBA hired at McKinsey is an “associate”, and at Bain and BCG, a “consultant.” Some other titles are as follows. Consultant salaries at McKinsey & Company can range from £24,632 - £158,261. This estimate is based upon 17 McKinsey & Company Associate salary report(s) provided by employees or … McKinsey Analyst Salary in 7 countries – 2016 – in US Dollar Equivalents, (Profit Sharing not counted in this table due to inconsistent data; one-time/irregular payments such as signing bonus and relocation are not included). 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. McKinsey Analyst Salary (Undergraduate/Entry-Level) McKinsey Quarterly. McKinsey & Company is an American management consulting firm, headquartered in New York City.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. This estimate is based upon 1 McKinsey & Company Associate Consultant salary report (s) provided by employees or estimated based upon statistical methods. Our mission is to help leaders in multiple sectors develop a deeper understanding of the global economy. Our flagship business publication has been defining and informing the senior-management agenda since 1964. McKinsey remains the laggard on $87,000 despite increasing base pay by $2K. Are you paid fairly? When you join McKinsey as an Associate, you are joining a firm that will challenge you and invest in your professional development. In this role you will work on the best teams to help the best organizations in the world – in private, public, and social sectors – solve their most difficult problems. Associate salaries at McKinsey & Company can range from $50,005 - $200,297. The name of the different levels changes from firm to firm. Associate Consultant salaries at McKinsey & Company can range from $69,040 - $175,145. View more Management Consultant salary ranges with breakdowns by base, stock, and bonus amounts. Wonder how much consultants are paid? Associate Consultant salaries at McKinsey & Company can range from $171,877-$185,792. Engagement Managers typically earn around $250,000, while Partners and Directors can earn up … Bain Associate Consultant Salary. Learn how to enable cookies. This estimate is based upon 11 McKinsey & Company Consultant salary report(s) provided by employees or … Associate Partner salaries at McKinsey & Company can range from $180,000 - $350,000. See all Associate Consultant salaries to learn how this stacks up in the market. 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. McKinsey & Company Salaries trends. McKinsey Analysts in the US may earn up to $100,000 per year in salary, with $88,000 base and $15,000 performance bonus. McKinsey Partners and Directors in the US may earn up to $1,300,000 per year in salary, with $1,000,000 base and $300,000 performance bonus. See how much a Associate Principal makes at McKinsey in . When factoring in bonuses and additional compensation, a Associate Consultant at McKinsey & Company can expect to make an average total pay of $180,000 . In other developed countries, the salary fluctuates between $110,000 to $140,000, while in developing nations, the number is roughly $40,000-$50,000 (profit sharing not included). Copyright © 2008–2021, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Commission Sharing, Tips have not been reported for this role. Commission Sharing, Tips have not been reported for this role The typical McKinsey & Company Associate Consultant salary is $151,918. Associate Consultant salaries at McKinsey & Company can range from $69,040 - $175,145. Salaries posted anonymously by McKinsey & … For instance, an entry level consultant is called a Business Analyst at McKinsey and an Associate at BCG. Entry-level consultants at BCG can earn up to $112,500 per year, while senior consultants can make up to $215,500. This estimate is based upon 40 McKinsey & Company Associate Partner salary report(s) provided by employees or … Glassdoor will not work properly unless browser cookie support is enabled. “Best thing is every woman maternity in leave company give rest and feel better soon and coming back on work properly”. McKinsey Partner & Director Salary in 5 countries – 2016 – in US Dollar Equivalents. 129 salaries for 36 jobs at McKinsey & Company in Canada. Here’s Exactly What to Write to Get Top Dollar, How To Follow Up After an Interview (With Templates! The typical McKinsey & Company Associate Consultant salary is $151,918. © 2020 Management Consulting Prep | Intelectual Property protected by DMCA, BCG (Boston Consulting Group) Salary (2020), 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. Those six-digit salaries are a major point of attraction for the best and brightest candidates out there, and also the reason you are reading this article; so let’s find out how much McKinsey pays its consultants in 12 different countries. Associate salaries at McKinsey & Company can range from £43,636 - £102,482. Salaries posted anonymously by McKinsey & Company employees in London Area. I have been working at McKinsey & Company full-time Pros Creating an unrivaled environment for exceptional people is part of the Firm’s dual mission and this year even more than others, I’ve seen the meaning and impact of that. If you are overcoming hardships, we wanna help! As a consultant, you will work closely with senior client executives and McKinsey colleagues in the most entrepreneurial environments, and help to develop sector-shaping and nation-transforming programs. McKinsey Engagement Managers in the US may earn up to $250,000 per year in salary, with $175,000 base and $77,000 performance bonus. Salaries posted anonymously by McKinsey & Company employees in Canada. Total Salary: $113,500 MBA associates receive about $145,000 as a base salary, with a performance bonus of $31,900. As an incoming Associate you will be compensated the same as any other associate. Salaries posted anonymously by McKinsey & Company employees. In this article, we’re going to lift the lid on the compensation packages typically offered by the London offices of McKinsey, BCG and Bain. Comprehensive guide to McKinsey Salary in 2020! McKinsey & Company Salaries trends. 435 salaries for 100 jobs at McKinsey & Company in London Area. A free inside look at McKinsey & Company salary trends based on 5838 salaries wages for 531 jobs at McKinsey & Company. What You'll Do. For example, at BCG there are junior partners referred to just as "Partner" and then senior partners called "Partner and Managing Director." Bain Associate Consultants in the US can make up to $122,500 each year, with $90,000 from base salary, $22,500 from bonuses, and $10,000 from shared profits. Average McKinsey & Company hourly pay ranges from approximately $14.80 per hour for Customer Service Representative to $22.36 per hour for Entry Level Customer Service Representative. See how your offer stacks up to other pay packages and negotiate confidently. Here’s the potential salary growth trajectory of someone working at a top consulting firm (McKinsey, Bain, or BCG) in the U.S.: Newly-employed postgrads at MBB firms earn more than at the Big Four. A free inside look at McKinsey & Company salary trends based on 128 salaries wages for 36 jobs at McKinsey & Company. Then there's a $5,000 signing bonus. The typical McKinsey & Company Consultant salary is £83,598. Join 60,000+ on the #1 consulting prep channel! This estimate is based upon 73 McKinsey & Company Associate salary report(s) provided by employees or estimated based upon statistical methods. McKinsey & Company Management Consultant Associate Jobs, McKinsey & Company Engagement Manager Jobs, McKinsey & Company Management Consultant Business Analyst Jobs, Associate Consultant Jobs in San Francisco, Associate Consultant Jobs in Philadelphia, 9 Attention-Grabbing Cover Letter Examples, Bain & Company Associate Consultant Reviews, Boston Consulting Group Associate Consultant Reviews, Goldman Sachs Associate Consultant Reviews, 10 of the Best Companies for Working From Home, The Top 20 Jobs With the Highest Satisfaction, 12 Companies That Will Pay You to Travel the World, 7 Types of Companies You Should Never Work For, How to Become the Candidate Recruiters Can’t Resist, Associate Consultant Salaries in New York, Associate Consultant Salaries in San Francisco, Associate Consultant Salaries in Washington, Associate Consultant Salaries in Los Angeles, Associate Consultant Salaries in Cambridge, Associate Consultant Salaries in Philadelphia, 11 Words and Phrases to Use in Salary Negotiations, 10 High-Paying Jobs With Tons of Open Positions, Negotiating Over Email? The typical McKinsey & Company Associate salary is £87,447. McKinsey Associate Salary in 7 countries – 2016 – in US Dollar Equivalents. The typical McKinsey & Company Associate salary is $162,978. Engagement Managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000. McKinsey Engagement Manager Salary in 7 countries – 2016 – in US Dollar Equivalents. Hi Anonymous, McKinsey has a very rigorous salary structure. McKinsey & Company Consulting Salaries 5,838 salaries (for 531 job titles) Updated Jan 5, 2021 5,838 McKinsey & Company employees have shared their salaries on Glassdoor. Your colleagues at McKinsey will go to extraordinary lengths to ensure your success. McKinsey has a very rigorous salary structure. ), 7 of the Best Situational Interview Questions. The average salary for each group and level is available in the graphs below. Top consulting firms are one of the highest-compensating payers outside of financial services or corporate law. While everyone generally just says "Partner" all of these firms have multiple tiers of Partners and these types tend to have different fixed, base salaries. Each of the big three offer new undergrad hires a $5k signing bonus. Associate salaries at McKinsey & Company can range from $142,600 - $196,422. MBB: McKinsey, Boston Consulting Group, Bain. This estimate is based upon 31 McKinsey & Company Associate Consultant salary report(s) provided by employees or estimated based upon statistical methods. As an incoming Associate you will be compensated the same as any other associate. Check out the latest McKinsey & Company Jobs. The typical McKinsey & Company Associate salary is $156,000. For 100 jobs at McKinsey & Company in London Associate Consultant salaries at other companies Business publication has been and! For Business Analyst to $ 1,300,000 driven by analytics, design thinking, mobile and by. 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