How to land a job at McKinsey
Over a third of Harvard graduates go on to work for consulting firms, which means that at a firm like McKinsey, you could earn up to $100,000 more per year than the average graduate salary.
Jobs at McKinsey can range from highly specific tech roles to management consulting positions, and the firm’s meticulously crafted hiring process follows a series of protocols.
How hard is it to work at McKinsey?
Long Hours. Working for one of the top firms on exciting projects requires a strong work ethic, and McKinsey consultants are known for being among the hardest workers in the consulting industry, which is saying a lot. If you’re looking for a relaxing 40-hour workweek with no weekend work, McKinsey is not for you.
What GPA do you need to get into McKinsey?
A candidate should have at least a 3.6 GPA to avoid any doubts about academic achievements at McKinsey, BCG, or Bain; however, lower GPAs do not automatically disqualify a candidate; a 3.2- GPA resume can still advance to the next round if it shows outstanding achievements elsewhere.
What is starting salary at McKinsey?
McKinsey’s base salary is $152,500, with a maximum performance bonus of $35,000.
How long does it take for McKinsey to respond?
1-6 weeks later: Interview notification and schedule; 2-4 weeks later: First round interview; 2-48 hours later: Notification of 2nd round interview; 1-4 weeks later: Second (final) round interview.
Is working at McKinsey stressful?
McKinsey consultants are subjected to frequent performance reviews and work under high expectations, and everyone has seen other consultants succumb to the pressure, becoming overwhelmed, burned out, and even sick.
Does McKinsey pay well?
Entry-level consultants (Analysts) at McKinsey earn between $90,000 and $110,000 per year, with MBA-level/experienced Associates earning up to $233,000 per year. Engagement Managers earn around $250,000, while Partners and Directors can earn up to $1,300,000.
How competitive is McKinsey?
McKinsey and Company is regarded as one of the “Big Three” consulting firms, and a job there is highly sought after. In 2018, the firm received 800,000 applications, but only 8,000 people were offered positions, according to the company.
Does McKinsey pay for grad school?
Yes, companies like McKinsey, BCG, Bain, Deloitte, and others frequently offer to pay for MBA tuition for existing employees (for example, Susan has been at McKinsey for two years and wants to get her MBA).
Can I get a job with low GPA?
A: Some elite employers have policies requiring a certain GPA (usually 3.0 or higher), and there is generally no way around that rule; however, a low GPA is a completely surmountable challenge to get a job with one of the billions of other employers in the world.
How do I pass a McKinsey interview?
McKinsey’s Answer-First Methodology
- Maintain structure throughout.
- McKinsey interviews require you to solve your McKinsey math to the one place.
- Take 30 seconds or so to prepare an answer in between each of the questions.
- Give deeper second (and third) level McKinsey insights.
How many hours a week do McKinsey consultants work?
Those projects are really fun to work on because you get really deep into whatever you’re doing in two weeks, but it’s not a pace you want to keep up for too long; in general, it was a 60-70 hour work week.
Is McKinsey a good company?
McKinsey is an incredible place to learn, grow, and make a significant impact in a variety of industries and functions; it’s demanding in every way, but also extremely rewarding; it’s fast-paced, but there’s a strong supportive culture, and help is always available if you need it.
Why is McKinsey so prestigious?
McKinsey is the most prestigious and well-known MBB firm, both inside and outside the industry, as a result of their early and ongoing success in maintaining extremely high recruitment and project deliverables standards.
How many times can I apply to McKinsey?
You can reapply every two years, according to the stated reapplication policy (not sure if this is a formal rule or just a cultural one).
What does McKinsey look for?
u201cThese are at the core of what our consultants do every day and how we work with our clients,u201d they say. u201cThey look for problem solving, the ability to work well in teams, and the ability to develop strong relationships.u201d