For example, according to former McKinsey CEO Dominic Barton, the company receives about 200,000 applications from interested candidates, but only about 2,200 of them are hired. In other words, anyone who applies to the company has only a 1% chance of being hired. 27
Is it difficult to find a job at McKinsey and Company?
The odds of being hired by McKinsey & Company are less than 1%. As one of the three big consulting firms, a job at McKinsey is more than desirable. In 2018, the company received 800,000 applications, but only 8,000 people received offers, the company told Business Insider. fifteen
Is it difficult to work at McKinsey?
long hours. You can’t work on exciting projects for one of the best companies without a strong work ethic. McKinsey consultants are known to be some of the hardest working in the consulting industry, which is saying a lot. If you’re looking for a relaxed 40-hour week with no weekend work, McKinsey isn’t for you.
How were you selected for McKinsey?
Structure: McKinsey looks for employees who take a structured approach to problem solving as you will employ many best practices on the job. Credibility: This can be demonstrated by previous internships or work experience – a previous internship at McKinsey is ideal, but other Fortune 500 companies are good too.
Is working at McKinsey stressful?
McKinsey can be a very stressful environment. McKinsey consultants are often subjected to performance reviews and work with high expectations. Everyone has seen other consultants give in to stress. People are overwhelmed, exhausted and sometimes get sick.
Does McKinsey pay well?
At McKinsey, salaries for entry-level consultants (analysts) range from $90,000 to $110,000 per year, while salaries for MBA-level/senior associates can range up to $233,000. Engagement Managers typically earn around $250,000, while Partners and Admins can earn up to $1,300,000.