McKinsey Compensation : The B-School Application
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McKinsey Compensation

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Joined: 11 Mar 2008
Posts: 1634
Location: Southern California
Schools: Chicago (dinged), Tuck (November), Columbia (RD)
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20 Aug 2008, 18:53
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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

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) _________________ Check out the new Career Forum http://gmatclub.com/forum/133 Senior Manager Joined: 05 Feb 2008 Posts: 322 Location: Texas Followers: 2 Kudos [?]: 59 [1] , given: 10 Re: McKinsey Compensation [#permalink] Show Tags 20 Aug 2008, 19:55 1 This post received KUDOS 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. SVP Joined: 11 Mar 2008 Posts: 1634 Location: Southern California Schools: Chicago (dinged), Tuck (November), Columbia (RD) Followers: 9 Kudos [?]: 201 [0], given: 0 Re: McKinsey Compensation [#permalink] Show Tags 20 Aug 2008, 20:04 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. _________________ Check out the new Career Forum http://gmatclub.com/forum/133 Director Joined: 16 May 2008 Posts: 885 Location: Earth Schools: Cornell '11 Followers: 8 Kudos [?]: 140 [0], given: 29 Re: McKinsey Compensation [#permalink] Show Tags 21 Aug 2008, 04:03 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. _________________ "George is getting upset!" GMAT Club Premium Membership - big benefits and savings SVP Joined: 11 Mar 2008 Posts: 1634 Location: Southern California Schools: Chicago (dinged), Tuck (November), Columbia (RD) Followers: 9 Kudos [?]: 201 [0], given: 0 Re: McKinsey Compensation [#permalink] Show Tags 21 Aug 2008, 06:40 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? _________________ Check out the new Career Forum http://gmatclub.com/forum/133 Manager Joined: 28 May 2006 Posts: 152 Location: New York, NY Followers: 2 Kudos [?]: 8 [0], given: 0 Re: McKinsey Compensation [#permalink] Show Tags 21 Aug 2008, 06:50 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. Director Joined: 16 May 2008 Posts: 885 Location: Earth Schools: Cornell '11 Followers: 8 Kudos [?]: 140 [1] , given: 29 Re: McKinsey Compensation [#permalink] Show Tags 21 Aug 2008, 06:53 1 This post received KUDOS$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? _________________ "George is getting upset!" GMAT Club Premium Membership - big benefits and savings SVP Joined: 11 Mar 2008 Posts: 1634 Location: Southern California Schools: Chicago (dinged), Tuck (November), Columbia (RD) Followers: 9 Kudos [?]: 201 [0], given: 0 Re: McKinsey Compensation [#permalink] Show Tags 21 Aug 2008, 06:55 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. _________________ Check out the new Career Forum http://gmatclub.com/forum/133 SVP Joined: 30 Apr 2008 Posts: 1887 Location: Oklahoma City Schools: Hard Knocks Followers: 40 Kudos [?]: 570 [3] , given: 32 Re: McKinsey Compensation [#permalink] Show Tags 21 Aug 2008, 09:17 3 This post received KUDOS My dad is stronger than your dad. _________________ ------------------------------------ J Allen Morris **I'm pretty sure I'm right, but then again, I'm just a guy with his head up his a$$. GMAT Club Premium Membership - big benefits and savings Current Student Joined: 14 Apr 2008 Posts: 453 Schools: F2010 - HBS (R1 - denied w/o interview ), INSEAD (R1 - admitted), Wharton (R1 - waitlisted & ding), Ivey (R2 - admitted w/ 60% tuition) WE 1: 3.5yrs as a Strategy Consultant - Big 4 Followers: 14 Kudos [?]: 36 [0], given: 16 Re: McKinsey Compensation [#permalink] Show Tags 21 Aug 2008, 09:18 i am really surprised at the numbers for P and Director. These are much much higher than I thought they would be. terp06 wrote: I saw this on the BW Forums. I have no idea how accurate it is, so take it with a grain of salt. From: Starmt Total Posts: 124 Posted: Aug-19 To: potojr 5 of 11 76977.5Reply to 76977.4 Actual McK figures: - Associate (right after MBA): ~US150k/year (120k base + 30k bonus) - EM (2-4 years post MBA): 200-250k/year - AP (Years 4-5): 300-350k/year - Partner (Years 6, 7, 8, 9, 10): 450, 600, 900, 1.2M, 1.5M/year - Director (+10 years): 2 - 10M/year, depending on tenure and performance (very few people make 10M, median should be ~3-4M) _________________ INSEAD Sept 2010 Interview Invite Nov 5, 2009 Admit & Matriculating Wharton Sept 2010 Interview Invite Oct 30, 2009 Waitlisted & Ding Harvard Sept 2010 Ding without Interview Ivey May 2010 Interview Invite Nov 23, 2009 Admit +$$ GMAT Club Legend Joined: 10 Apr 2007 Posts: 4318 Location: Back in Chicago, IL Schools: Kellogg Alum: Class of 2010 Followers: 88 Kudos [?]: 750 [0], given: 5 Re: McKinsey Compensation [#permalink] Show Tags 21 Aug 2008, 09:20 jallenmorris wrote: My dad is stronger than your dad. KUDOS _________________ 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. GMAT Club Premium Membership - big benefits and savings SVP Joined: 30 Apr 2008 Posts: 1887 Location: Oklahoma City Schools: Hard Knocks Followers: 40 Kudos [?]: 570 [0], given: 32 Re: McKinsey Compensation [#permalink] Show Tags 21 Aug 2008, 09:30 I am posting some screen captures of McKinsey information. These are self-reported salaries and bonuses. Attachment: McKinsey_1.jpg [ 47.33 KiB | Viewed 25970 times ] Attachment: McKinsey_2.jpg [ 28.65 KiB | Viewed 25949 times ] Attachment: McKinsey_3.jpg [ 36.82 KiB | Viewed 25947 times ] _________________ ------------------------------------ J Allen Morris **I'm pretty sure I'm right, but then again, I'm just a guy with his head up his a$$. GMAT Club Premium Membership - big benefits and savings SVP Joined: 11 Mar 2008 Posts: 1634 Location: Southern California Schools: Chicago (dinged), Tuck (November), Columbia (RD) Followers: 9 Kudos [?]: 201 [0], given: 0 Re: McKinsey Compensation [#permalink] Show Tags 21 Aug 2008, 09:35 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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15 Mar 2014, 20:15
Hello from the GMAT Club MBAbot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

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Re: McKinsey Compensation   [#permalink] 15 Mar 2014, 20:15
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