Who pays more McKinsey or Bain?

Who pays more McKinsey or Bain?

Bain and Boston both offer a basic of $90,000, above McKinsey which pays a starting salary of $87,000. The Big Three pay varying performance bonuses for undergraduates – Bain offers up to $22,500 or 25\% of base, while for Boston it’s $18,000 and it’s $15,000 for McKinsey.

Who are BCGS biggest clients?

The war eventually settled, but not without casualties for BCG – Bain had run off with 2 of BCG’s biggest clients, Black & Decker and Texas Instruments.

What 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.

Does McKinsey pay for PhD?

If you’re thinking of law school or PhD, you’ll have to cover the duration beyond 2 years. However, McKinsey does cover expenses for books and insurance, and lets you keep your firm laptop as well, which is a very sweet deal. In fact, you get a signing bonus (25-30K) when you re-join.

Will McKinsey pay for your MBA?

At MBB, associates, analysts and consultants can obtain sponsorship for their MBA. McKinsey, Bain, and BCG consultants commit to returning to the firm after graduation to work for at least 2 years.

What was the working week like for you at McKinsey?

Generally speaking though, it was usually a 60-70 hour working week. What would you say was the hardest thing for you in your first year at McKinsey? Getting used to the pace of working. One person said to me that whatever a client would produce in a week or whatever rate they work at, you need to be producing at 5 times that.

How long does it take to become a partner at McKinsey?

That is correct, the traditional track at McKinsey from bottom to top is Analyst>Associate>Engagement Manager>Associate Partner>Partner. Moving from one position to the next normally takes 1 to 3 years. Each one of the previous role develops from Junior to Senior (e.g. from Junior analyst to Senior analyst).

What is the traditional track at McKinsey from bottom to top?

That is correct, the traditional track at McKinsey from bottom to top is Analyst>Associate>Engagement Manager>Associate Partner>Partner.

Do consultants go to the gym?

Many consultants can still find time to go to the gym almost every day (although that might require sacrificing some sleep!). Teams try to avoid the need to work on weekends, and there are a number of ways you can build in long-term breaks to recover from intense project work.