Here's What You Can Earn Working At McKinsey
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As chronicled by Duff McDonald in his history of the company, "The Firm," the highlights and lowlights include:
Its consultants urged President Eisenhower to create the Chief of Staff position in the White House.
Its consultants helped GE re-organize in the 1960s, leading to a boom in the corporation's business.
Its consultants guided Enron on its path of self-destruction.
"For better or worse," McDonald writes, "McKinsey just might be the most influential collection of talent in the world."
And that talent brings in the big bucks, to the tune of $7 billion in revenue a year.
If you land a gig there, chances are you'll be making bank, too.
According to Glassdoor, here's the combined compensation - annual salary and bonus - for 15 positions at McKinsey, in ascending order:
3. Investment Banking Analyst: $78,957
5. Senior Research Analyst: $88,928
10. Associate: $162,911
12. Management Consultant Associate: $198,977
13. Engagement Manager: $229,158
15. Associate Principal: $376,333
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