McKinsey is generally considered the most prestigious of the three firms, followed by Bain and BCG. Deloitte is also a top consulting firm, but is not as highly regarded as the big three. What's your take on McKinsey, Bain and BCG's up or out policyUnparalleled 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.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.

Is it hard to get into McKinsey : 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.

Is everyone at McKinsey smart

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+ .

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.

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

McKinsey consultants are trained to attack a problem in a certain way – so no matter which global office you're in or what level you're at, you can count on The McKinsey Way. The organization itself is structured and formal, and everything from attitude and attire at McKinsey reflects that.

How elite is McKinsey

There has even been talk of McKinsey taking over the World Economic Forum once Klaus Schwab steps down or falls down. After all, McKinsey is the elite advisor to the elite and throws the best parties in town. McKinsey alumni number 30,000+ and populate the upper echelons of the most powerful companies in the world.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.

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.

What is the IQ of a McKinsey consultant : Based on public information available for the partners who joined that decade (understanding there is heavy selection bias), the range of IQ was 130 – 140 though would argue that there were a few partners who would arguably be in 150 – 160 range.

Are McKinsey partners rich : Although MBB are very guarded when it comes to the actual formula when it comes to paying partners' annual salaries, the answer to the question is anywhere between $500k – $5m+.

How competitive is McKinsey

The selection process at McKinsey is highly competitive, which is why networking and a 100% perfect resume, personalized cover letter and compelling leadership essay (where required) are really critical. Under 10% of those who submit applications are invited to interviews.

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.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.

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.