How much do McKinsey associates get paid?
McKinsey Associates in the US may earn up to $200,000 per year in salary, with $168,000 base and $35,000 performance bonus. 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).
How much do associate partners make McKinsey?
How does the salary as an Associate Partner at McKinsey & Company compare with the base salary range for this job? The average salary for an Associate Partner is $218,351 per year in United States, which is 9% lower than the average McKinsey & Company salary of $240,000 per year for this job.
How much do McKinsey summer associates make?
McKinsey MBA interns are paid approximately $32,000 for the ten-week summer internship. This compensation aligns with the other two top-tier consulting firms represented by the Boston Consulting Group and Bain & Company. McKinsey is often considered to be the top consulting firm in the country.
How much does a fellow at McKinsey make?
Average McKinsey & Company Fellow yearly pay in the United States is approximately $89,843, which is 86% above the national average.
What is entry level at McKinsey?
At McKinsey, Business Analyst is an entry-level role for candidates with an undergraduate degree. As a Business Analyst, you will work within a team of 3-5 consultants and your primarily responsibilities will include research, data analysis, and building slide decks using PowerPoint.
Do interns at McKinsey get paid?
McKinsey intern salaries are extremely competitive. For the Undergraduate Internship, McKinsey pays its interns around $6,700/month, adding up to nearly $17,000 in total for the 10-week period.
How much does a junior associate at McKinsey make?
Average McKinsey & Company Junior Associate salary in India is ₹ 28.4 Lakhs per year for employees with less than 1 year of experience to 5 years. Junior Associate salary at McKinsey & Company ranges between ₹ 22 Lakhs to ₹ 35 Lakhs per year.
How long does it take to become an associate at McKinsey?
If you begin your career at McKinsey, you can expect to be elected to the first stage of a partnership in five to seven years. The greater your professional experience, the sooner you can reach this level.
Is working for McKinsey prestigious?
McKinsey, Bain and BCG (the Big Three or MBB) are by far the most prestigious consulting firms – as surveyed by Vault in 2020. Within MBB firms, McKinsey is the most prestigious and well-known, both inside and outside the industry.