What Makes McKinsey Great McKinsey is one of the most, if not the most, prestigious consulting firms in the world. McKinsey creates immeasurable value for its clients, influences how the business world operates, and produces many of the world's business and political leaders.McKinsey is one of the best if not the best management consulting firm in the world. “The Firm” as they affectionately call it makes deals with almost all governments around the world. It is considered to be one the most secretive institutions in the world.Depending on your academic background and set of experiences, passing the resume and cover letter screen may be the hardest round for you. McKinsey is extremely selective during this phase due to the large number of applicants (over 200,000 each year). Read on for the steps to take in order to get past Round 1.

What’s so special about McKinsey : Unparalleled in its reach and prestige, McKinsey is the largest of the top-3 consulting firms, with over 45,000 employees in over 130 cities globally. Now approaching its centenary, it has long held the reputation of being the industry leader. In 2022, its worldwide revenue was $15b.

Does McKinsey only hire Ivy

The following field report is from a McKinsey new hire from a Top 200 U.S. university. While McKinsey and the other top firms are heavily represented by graduates of Ivy League universities (and their international counterparts), it is not staffed exclusively this way.

Does McKinsey pay a lot : McKinsey's salary for entry-level consultants in the United States likely ranges from $100,000 to $140,000 per year, while the figure for MBA-level/experienced Associates can be over $200,000.

McKinsey's salary for entry-level consultants in the United States likely ranges from $100,000 to $140,000 per year, while the figure for MBA-level/experienced Associates can be over $200,000.

McKinsey & Company ranks in the Top 15% of other companies on Comparably with 10,000+ Employees for Happiness Score.

What is the average age of McKinsey consultants

“The average age at McKinsey is 30,” he says.The consulting revenues of the industry's most important firms—including the triumvirate of strategy advisers (Bain, BCG and McKinsey), the “big four” accounting giants (Deloitte, EY, KPMG and PwC) and Accenture (also the world's largest outsourcer)—grew by 20% in 2021 and then 13% in 2022 (see chart).In my experience, McKinsey has more prestige. Or more precisely, it's the more commonly known firm among people that aren't super familiar with consulting but could still have some influence over your career. If someone is not very familiar with consulting, McKinsey beats BCG.

3.6

McKinsey, Bain, and BCG don't have a strict GPA cutoff, but they do typically consider anything from 3.6 up as a strong GPA.

What is the lowest position at McKinsey : Business Analyst

Business Analyst:

This is the most junior role, usually executing smaller work streams or analysis, with the direct oversight of an Associate or Engagement manager.

Is McKinsey stressful : Personal Growth. McKinsey consultants are known to work hard both in terms of number of hours and intensity. As a result, you will often be pushed to your limits, sometimes emotionally, at times mentally, and others even physically.

How stressful is working at McKinsey

Personal Growth. McKinsey consultants are known to work hard both in terms of number of hours and intensity. As a result, you will often be pushed to your limits, sometimes emotionally, at times mentally, and others even physically.

For each of your years in the workforce, it is expected that you accomplished a lot. So the career accomplishments expected of a 40-year-old candidate is substantially higher than that of a 30-year-old. The key is they do not want to hire you when you have reached the peak of your skills.Yes. McKinsey and their closest competitors hire graduates from top Business schools (Harvard, MIT, Stanford, Wharton, Kellogg, Insead). These schools, on their turn, have very strict admissions standards. They usually require a GMAT grade 700+ .

How selective is McKinsey : A Closer Look at McKinsey's Interview Acceptance Rate

While it's difficult to provide an exact acceptance rate for McKinsey job offers, it is estimated to be around 1-2% of applicants. However, the acceptance rate can vary significantly based on individual performance and the specific office and role being applied for.