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How much money does a McKinsey partner make?

Posted on August 25, 2020 by Author

Table of Contents

  • 1 How much money does a McKinsey partner make?
  • 2 At what age do McKinsey partners retire?
  • 3 How much does a partner at McKinsey actually make?
  • 4 What is the difference between McKinsey and Boston Consulting Group?

How much money does a McKinsey partner make?

McKinsey Partner & Director Salary 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.

How much money does a partner at McKinsey make?

At what age do McKinsey partners retire?

Since the 1960s, McKinsey’s Managing Partner has been elected by a vote of senior partners to serve up to three, three-year terms or until reaching the mandatory retirement age of 60.

How do I get an interview at McKinsey or BCG?

Earning yourself an invitation to interview at McKinsey, BCG, or Bain boils down to two key things. We have already seen that these firms receive hundreds of thousands of applications in a single year. With so many applications to screen, there is no doubt that your resume will have to pass through an Applicant Tracking System (ATS).

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How much does a partner at McKinsey actually make?

How much does a partner at McKinsey (or BCG or Bain) actually make? This is a fun topic to discuss. I remember being floored when I first joined BCG and saw the salary bands presented internally! Quick answer: between $500K – $5M. The fun part though is in the details that drive that variance.

Is McKinsey harder to break into than BCG or Bain?

If we had to rank them on difficulty of breaking in ‘off cycle’, we’d say that Bain and BCG are even tougher than McKinsey because their incoming classes are smaller. In terms of advanced degrees, Bain is the least likely to hire someone outside of MBA programs.

What is the difference between McKinsey and Boston Consulting Group?

McKinsey & Co is more focused on organization and operation work and strategy. Most of its clients are in the fields of Public Sector, Education and Telco. The Boston Consulting Group is more focused on business growth, innovation and corporate development.

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