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McKinsey Compensation [#permalink]
20 Aug 2008, 19:53
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I saw this on the BW Forums. I have no idea how accurate it is, so take it with a grain of salt. From: Starmt Total Posts: 124 Posted: Aug-19 To: potojr 5 of 11 76977.5Reply to 76977.4 Actual McK figures: - Associate (right after MBA): ~US$150k/year (120k base + 30k bonus) - EM (2-4 years post MBA): $200-250k/year - AP (Years 4-5): $300-350k/year - Partner (Years 6, 7, 8, 9, 10): $450, 600, 900, 1.2M, 1.5M/year - Director (+10 years): $2 - 10M/year, depending on tenure and performance (very few people make $10M, median should be ~$3-4M)
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Re: McKinsey Compensation [#permalink]
20 Aug 2008, 20:55
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The associate, EM, and AP figures I have seen before. Not sure if that validates anything though. Not bad, but not something I am really interested in. Terp06 how are you apps going? I been meaning to pm you sometime and get some feedback. Hope everything is going good. I haven't seen an update post on your process lately.
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Joined: 11 Mar 2008
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Re: McKinsey Compensation [#permalink]
20 Aug 2008, 21:04
I've been sidetracked the last couple of weeks due to a car wreck (fortunately I'm 100% okay). I plan to put in some serious time towards Wharton and Columbia this weekend.
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Re: McKinsey Compensation [#permalink]
21 Aug 2008, 05:03
I feel ya buddy. I had a car wreck during GMAT studies! terp06 wrote: I've been sidetracked the last couple of weeks due to a car wreck (fortunately I'm 100% okay). I plan to put in some serious time towards Wharton and Columbia this weekend.
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Re: McKinsey Compensation [#permalink]
21 Aug 2008, 07:40
raabenb wrote: I feel ya buddy. I had a car wreck during GMAT studies! terp06 wrote: I've been sidetracked the last couple of weeks due to a car wreck (fortunately I'm 100% okay). I plan to put in some serious time towards Wharton and Columbia this weekend. Ouch, that's even worse. Was everything okay on your end?
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Re: McKinsey Compensation [#permalink]
21 Aug 2008, 07:50
terp06 wrote: I've been sidetracked the last couple of weeks due to a car wreck (fortunately I'm 100% okay). I plan to put in some serious time towards Wharton and Columbia this weekend. Good to hear you are ok. Thanks for sharing this.
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Director
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Re: McKinsey Compensation [#permalink]
21 Aug 2008, 07:53
$12K in damage, no injuries, only $500 co-pay......and still hit my 700 in GMAT... so I guess it could have been worse terp06 wrote: raabenb wrote: I feel ya buddy. I had a car wreck during GMAT studies! terp06 wrote: I've been sidetracked the last couple of weeks due to a car wreck (fortunately I'm 100% okay). I plan to put in some serious time towards Wharton and Columbia this weekend. Ouch, that's even worse. Was everything okay on your end?
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Re: McKinsey Compensation [#permalink]
21 Aug 2008, 07:55
Mine had over $35K in damage and both cars were totaled. No injuries. Still only a $500 co-pay, still hit a 700+ in the GMAT, and I'm back in action with a new car already  Glad to hear you're alright.
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Re: McKinsey Compensation [#permalink]
21 Aug 2008, 10:17
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Joined: 14 Apr 2008
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Re: McKinsey Compensation [#permalink]
21 Aug 2008, 10:18
i am really surprised at the numbers for P and Director. These are much much higher than I thought they would be. terp06 wrote: I saw this on the BW Forums. I have no idea how accurate it is, so take it with a grain of salt.
From: Starmt Total Posts: 124 Posted: Aug-19 To: potojr 5 of 11 76977.5Reply to 76977.4 Actual McK figures: - Associate (right after MBA): ~US$150k/year (120k base + 30k bonus) - EM (2-4 years post MBA): $200-250k/year - AP (Years 4-5): $300-350k/year - Partner (Years 6, 7, 8, 9, 10): $450, 600, 900, 1.2M, 1.5M/year - Director (+10 years): $2 - 10M/year, depending on tenure and performance (very few people make $10M, median should be ~$3-4M)
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GMAT Club Legend
Joined: 10 Apr 2007
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Re: McKinsey Compensation [#permalink]
21 Aug 2008, 10:20
jallenmorris wrote: My dad is stronger than your dad. KUDOS
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Kellogg Class of 2010...still active and willing to help. However, I do not do profile reviews, don't offer predictions on chances and am far to busy to review essays, so save the energy of writing me a PM seeking help for these. If I don't respond to a PM that is not one of the previously mentioned trash can destined messages, please don't take it personally I get so many messages I have a hard to responding to most. The more interesting, compelling, or humorous you message the more likely I am to respond. Find out what's new at GMAT Club - latest features and updates
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Re: McKinsey Compensation [#permalink]
21 Aug 2008, 10:30
I am posting some screen captures of McKinsey information. These are self-reported salaries and bonuses. Attachment:
McKinsey_1.jpg [ 47.33 KiB | Viewed 11787 times ]
Attachment:
McKinsey_2.jpg [ 28.65 KiB | Viewed 11786 times ]
Attachment:
McKinsey_3.jpg [ 36.82 KiB | Viewed 11778 times ]
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Re: McKinsey Compensation [#permalink]
21 Aug 2008, 10:35
sm332 wrote: i am really surprised at the numbers for P and Director.
These are much much higher than I thought they would be.
Agreed. I always thought that most partners make in the range of $1M with not a lot of variation, not $2-10M. I also wasn't aware of the Director title. I wonder how many Directors there are within an office like Chicago or San Francisco? Or are these more of a global-type of position with no real limits on specific locations?
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Re: McKinsey Compensation
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21 Aug 2008, 10:35
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