McKinsey Compensation

Question

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)

89nk · Answer

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.

agold · Answer

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.

Raabend · Answer

I feel ya buddy. I had a car wreck during GMAT studies!

agold · Answer

Ouch, that's even worse. Was everything okay on your end?

sng · Answer

Good to hear you are ok. Thanks for sharing this.

Raabend · Answer

$12K in damage, no injuries, only $500 co-pay......and still hit my 700 in GMAT... so I guess it could have been worse

agold · Answer

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.

jallenmorris · Answer

My dad is stronger than your dad.

sm332 · Answer

i am really surprised at the numbers for P and Director.

These are much much higher than I thought they would be.

riverripper · Answer

KUDOS

jallenmorris · Answer

I am posting some screen captures of McKinsey information. These are self-reported salaries and bonuses. McKinsey_1.jpg McKinsey_2.jpg McKinsey_3.jpg

agold · Answer

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?

MBAbot · Answer

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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McKinsey Compensation

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