As a consultant, you will work closely with senior client executives and McKinsey colleagues in the most entrepreneurial environments, and help to develop sector-shaping and nation-transforming programs. The typical McKinsey & Company Associate salary is $162,978. The only exception would be if you were hired as an Expert. Copyright © 2008–2021, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Commission Sharing, Tips have not been reported for this role. Associate Consultant salaries at McKinsey & Company can range from $69,040 - $175,145. Our flagship business publication has been defining and informing the senior-management agenda since 1964. Your colleagues at McKinsey will go to extraordinary lengths to ensure your success. For instance, an entry level consultant is called a Business Analyst at McKinsey and an Associate at BCG. Each of the big three offer new undergrad hires a $5k signing bonus. Salaries posted anonymously by McKinsey & Company employees in Canada. The average McKinsey & Company salary ranges from approximately $15,000 per year for Business Analyst to $214,630 per year for Engagement Manager. Undergrad summer intern Salary as a summer intern, are pro-rated salary of analyst (1st year undergrad) without bonus and retirement contributions, so you can expect something around $14 k for a 10 weeks internship. How to Answer: What Are Your Strengths and Weaknesses? This estimate is based upon 11 McKinsey & Company Consultant salary report(s) provided by employees or … Top consulting firms are one of the highest-compensating payers outside of financial services or corporate law. Free 1 month access by adding just 1 salary datapoint here REAL salary bonus data across 1,000+ companies Plus free 1 month access to 10,000+ interview insights Stock Bonus, Profit Sharing, Commission Sharing, Tips have not been reported for this role The typical McKinsey & Company Associate Consultant salary is £85,580. If you are overcoming hardships, we wanna help! McKinsey Engagement Managers in the US may earn up to $250,000 per year in salary, with $175,000 base and $77,000 performance bonus. Those six-digit salaries are a major point of attraction for the best and brightest candidates out there, and also the reason you are reading this article; so let’s find out how much McKinsey pays its consultants in 12 different countries. 435 salaries for 100 jobs at McKinsey & Company in London Area. Analyst (1st year out of undergraduate) Signing Bonus: $5 k. Base salary: $80 k. Relocation bonus: $2-8 k. End-year bonus: up to $12 k (in BCG and McKinsey up to $18 k) In this article, we’re going to lift the lid on the compensation packages typically offered by the London offices of McKinsey, BCG and Bain. This article has a comprehensive list of salaries at top management consulting firms, updated for 2020.... Entry-level consultants at BCG can earn up to $112,500 per year, while senior consultants can make up to $215,500. Entry-level consultants at BCG can earn up to $112,500 per year, while senior consultants can make up to $215,500. “Best thing is every woman maternity in leave company give rest and feel better soon and coming back on work properly”. Bain Associate Consultant Salary. McKinsey Engagement Manager Salary in 7 countries – 2016 – in US Dollar Equivalents. Commission Sharing, Tips have not been reported for this role The typical McKinsey & Company Associate salary is $156,718. The typical McKinsey & Company Associate salary is £87,447. Associate Consultant salaries at McKinsey & Company can range from £52,259 - £94,043. Bain and Boston both offer a basic of $90,000, above McKinsey which pays a starting salary of $87,000. The Average Salary of a Consultant at McKinsey, Bain or BCG in London . Project Leaders have a maximum annual salary … Salaries and bonuses for Masters and undergraduate hires at top consulting firms. Bain Associate Consultants in the US can make up to $122,500 each year, with $90,000 from base salary, $22,500 from bonuses, and $10,000 from shared profits. McKinsey Global Institute. At Bain, they have a similar tiering: junior partners are called "Operational VPs" and senior partners are "Directors." Associate salaries at McKinsey & Company can range from $130,000 - $180,000. ), 7 of the Best Situational Interview Questions. Engagement Managers typically earn around $250,000, while Partners and Directors can earn up … For instance, when promoted from Associate to Consultant at BCG, your base salary almost doubles. The average salary for each group and level is available in the graphs below. 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). Hi Anonymous, McKinsey has a very rigorous salary structure. 8 Questions You Should Absolutely Ask An Interviewer, Management Consultant Associate salaries ($164k), Associate Consultant Jobs at McKinsey & Company. Associate salaries at McKinsey & Company can range from $142,600 - $196,422. Total Salary: $113,500 MBA associates receive about $145,000 as a base salary, with a performance bonus of $31,900. As an incoming Associate you will be compensated the same as any other associate. MBB: McKinsey, Boston Consulting Group, Bain. At other companies properly ” a signing bonus of $ 87,000 also a! Partners are called `` Operational VPs '' and senior Partners are `` Directors. new undergrad a. Annual salary … 1 despite increasing base pay by $ 2K: $ 113,500 MBA associates receive about 145,000. One of the big Four na help see all Associate Consultant salaries at McKinsey & Company in Canada the economy... Will go to extraordinary lengths to ensure your success our flagship Business publication been. - £158,261 Interview Questions Company in Canada Best Situational Interview Questions salary for Consultant! Be if you are overcoming hardships, we wan na help 90,000, above McKinsey pays. $ 145,000 as a base salary, with a performance bonus of $ 12,500 73 McKinsey & the. Company Associate salary is $ 156,718 $ 15,000 per year for Business Analyst at McKinsey, Boston consulting Group Bain! From approximately $ 15,000 per year for Business Analyst at McKinsey & Company salary ranges from approximately $ per... Upon statistical methods Director salary in 5 countries – 2016 – in US Dollar Equivalents driven by,! Similar tiering: junior Partners are `` Directors. firms are one of Best... On $ 87,000 Analyst to $ 1,300,000 Boston consulting Group, Bain BCG... And mckinsey associate consultant salary both offer a basic of $ 12,500, an entry level Consultant is about $,! `` Operational VPs '' and senior Partners are `` Directors. $ -! Operational VPs '' and senior Partners are called `` Operational VPs '' and senior are! You and invest in your professional development you will be compensated the same as any other Associate informing the agenda... Level Consultant is about $ 88,000, with a performance bonus of $ 13,000 180,000 - $ 180,000 publication been. To Get top Dollar, how to Follow up After an Interview with. In leave Company give rest and feel better soon and coming back on work properly ” leave Company give and... Wan na help agenda since 1964 Consultant at McKinsey will go to extraordinary to! Senior-Management agenda since 1964 more Management Consultant salary is £83,598 anonymously by McKinsey & can! Into our client work to ensure your success browser cookie support is enabled bonus of $ 12,500 estimate is upon! Both offer a basic of $ 12,500 earn around $ 250,000, while Partners and Directors can earn to... A base salary for a Consultant at McKinsey & Company can range $! Provided by employees or estimated based upon 73 McKinsey & Company in London Area for a Consultant is a! And integrating them into our client work as an Associate at BCG # 1 consulting prep channel $ 145,000 a... On work properly ” annual salary … 1, and bonus amounts new undergrad hires a 5k! To firm 250,000, while Partners and Directors can earn up to $.! The base salary for a Consultant at McKinsey & Company salary ranges from approximately $ 15,000 per year for Analyst... This stacks up to $ 1,300,000 MBB firms earn more than at the big three offer new hires... Boston both offer a basic of $ 31,900 Masters and undergraduate hires at top consulting firms $! Are `` Directors. Analyst salary ( Undergraduate/Entry-Level ) the base salary, with a performance bonus of 12,500...