Miscellaneous

How much does a first year analyst at McKinsey make?

by Author

How much does a first year analyst at McKinsey make?

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.

Can a non IIM get into McKinsey?

‘, the short answer is no – you do not have to have an MBA to break into McKinsey. You may not have to go to business school to get an interview with The Firm, but an MBA is still the best way to break into McKinsey.

How much does McKinsey pay in IIM?

Top management schools, both private and government, including the prestigious Indian Institutes of Management (IIMs), have seen some of the biggest recruiters such as Deloitte, KPMG, McKinsey and Boston Consulting Group, hire their students — offering them an average annual salary of upto Rs 28 lakh.

READ:   What is the importance of environmental regulations?

What is a business analyst at McKinsey?

When you join McKinsey as a Business Analyst (BA), 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.

Is McKinsey better than BCG?

BCG has a more analytical focus, McKinsey is more focused on structure and story. At both firms, I felt that that the quality of the work was incredibly high. However, there is a dramatic difference in what people focus on in the day to day work.

Does McKinsey pay for your MBA?

One more perk: McKinsey pays 50\% of MBA tuition for returning interns according to Management Consulted. That’s not to say you won’t find inventive recruiting strategies outside the MBB. Deloitte’s Strategy & Operations practice reimburses second year MBA tuition for returning interns – as does ZS Associates.

READ:   What was the smallest thing before the atom?

Does McKinsey pay well in India?

The average McKinsey & Company salary ranges from approximately ₹2.4 Lakhs per year for a Assistant Process Associate to ₹ 112.5 Lakhs per year for a Partner. The top 10\% of employees earn more than ₹40 lakhs per year. The top 1\% earn more than a whopping ₹100 lakhs per year.