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How much does an MBA grad make at McKinsey?
McKinsey MBA consultants earn $165,000 in base salary with performance bonuses of up to $35,000. McKinsey also offers 50\% off MBA tuition for returning interns. A McKinsey consultant salary for master’s graduates comes in at $90,000 with performance bonuses of up to $30,000.
How much do McKinsey consultants make in London?
For recently graduated undergraduates and Masters students, the base salaries at McKinsey, BCG and Bain in London start from £40,000 and can be as high as £45,000. This is comparatively high compared to graduate salaries in most other fields.
How much do McKinsey Consultants make UK?
McKinsey Analyst Salary (2016)
| Base | Total | |
|---|---|---|
| UK | $66,533 | $70,524 |
| Germany | $71,783 | $84,943 |
| Canada | $61,579 | $73,509 |
| Spain | $64,604 | $76,568 |
How much do Strategy Consultants make UK?
Strategy consulting practices Salaries at strategy consulting firms tend to start higher and rise more quickly than those at broader management consulting firms. A new graduate can expect to earn between £35,000 and £42,000 at firms such as these, with salaries increasing to £60,000 within two to three years.
How much does McKinsey pay for an MBA?
For MBA and PhD hires, McKinsey has upped its signing on bonus by $5K to $30k, bringing it in line with Bain and BCG. This followed a big jump in signing bonuses in 2019, when consulting firms upped their signing-on bonuses in order to compete with tech and finance companies.
What is the salary difference between BCG and McKinsey?
For BCG, that’s between $500 and $8k, while McKinsey offers from $2k to $10k. For retirement, McKinsey contributes $7,500, Bain offers 4.5\% of base + bonus for a 401k plan, and BCG deposits a share of profits into a new undergrad employee’s 401k.
How much does an engagement manager at McKinsey make?
McKinsey Engagement Manager Salary (2020) 1 Base: $175,000 2 Performance Bonus: Up to $77,000 3 Profit Sharing: $30,000 4 Total Annual Salary: up to $282,000 More
How much does it cost to relocate a McKinsey consultant?
There is some variation when it comes to relocation. Bain offers $5k, while BCG and McKinsey offer a range depending on the cost of the move. For BCG, that’s between $500 and $8k, while McKinsey offers from $2k to $10k.