Here's What You Can Earn Working At McKinsey
dragonpreneur/flickr
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
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- 10 Best tourist places to visit in Ladakh in 2024
- Invest in disaster resilience today for safer tomorrow: PM Modi
- Apple Let Loose event scheduled for May 7 – New iPad models expected to be launched
- DRDO develops lightest bulletproof jacket for protection against highest threat level
- Sensex, Nifty climb in early trade on firm global market trends