Quick Answer: How Hard Is It To Get Into McKinsey?

What GPA do you need to get into McKinsey?

3.6 GPAAt McKinsey, BCG or Bain, a candidate should have at least 3.6 GPA to insure against any doubts about academic achievements.

However, lower GPAs do not automatically disqualify a candidate; a 3.2-GPA resume can still pass to the next round if it shows outstanding achievements elsewhere..

How hard is it to get an interview at McKinsey?

For instance, according to former McKinsey managing director Dominic Barton, the firm receives about 200,000 applications from interested candidates, but only about 2,200 of them get hired. In other words, anyone applying to the firm only has a 1% chance of getting hired.

What schools does McKinsey recruit from?

Second-tier schools for McKinsey appear to be Stanford University, Duke University, Princeton University, and Boston College. Also found within this tier are two international schools: Cambridge University and Erasmus University of Rotterdam.

Why is McKinsey so prestigious?

McKinsey’s biggest improvements stem from work requirements and culture. … Overall, McKinsey’s best performance came in Exit Opportunities (9.920), Business Outlook (9.868), Selectivity (9.839), Benefits (9.837), and International Opportunities (9.817).

How much does it cost to hire McKinsey?

Hiring McKinsey is a famously expensive proposition, even when compared with its leading competitors. A single junior consultant — typically a recent college or business school graduate — runs clients $67,500 per week, or $3.5 million annually. For $160,000 per week, you get two consultants, the second one mid-level.

What degree do you need to work at McKinsey?

Consulting jobs at McKinsey. Earning an MBA degree or an advanced degree in the field of engineering, science, or technology is essential for success in the role.

Does McKinsey hire freshers?

Tech | B.Sc | BCA | BCS | Any Graduates | McKinsey Digital | 0 – 1 yrs | Europe. You will serve internal clients by providing first alert research support to consultants in various practices.

How much do McKinsey consultants make?

The typical McKinsey & Company Associate Consultant salary is $149,767. Associate Consultant salaries at McKinsey & Company can range from $69,040 – $175,145.

Who are the Big 5 consulting firms?

PwC, Deloitte, EY and KPMG are followed by US strategy giants McKinsey & Company and The Boston Consulting Group. The global consulting market is currently approaching an estimated worth of nearly $150 billion, up from $122 billion in 2012.

Does McKinsey pay well?

McKinsey remains the laggard on $87,000 despite increasing base pay by $2K. Each of the big three offer new undergrad hires a $5k signing bonus. … Bain offers $5k, while BCG and McKinsey offer a range depending on the cost of the move. For BCG, that’s between $500 and $8k, while McKinsey offers from $2k to $10k.

How do I succeed in McKinsey?

A McKinsey grad offers eight pointers for success at workStart with the hard stuff in the morning. … Have a 30-second answer to everything. … Frontload your projects. … Smile when under stress. … Always imagine the worst-case scenario. … Ask “What would Marvin do?” … Seek energy boosters. … Ask the deeper questions.

How much do BCG partners earn?

The typical Boston Consulting Group Partner and Managing Director salary is $346,844. Partner and Managing Director salaries at Boston Consulting Group can range from $320,466 – $557,798.

Do you need an MBA to work at McKinsey?

If your heart is set on McKinsey and you’re wondering “Should I get an MBA?”, the short answer is no – you do not have to have an MBA to break into McKinsey. … You may not have to go to business school to get an interview with The Firm, but an MBA is still the best way to break into McKinsey.

What is working at McKinsey like?

The McKinsey culture is unique At the same time, it’s outwardly positive and upbeat. People are optimists and very little is seen as impossible. This upbeat, can-do spirit probably helps the Firm crack the problems others shy away from.

Is it hard to get into BCG?

Management consulting firms such as McKinsey, BCG and Bain are notoriously difficult to get into. … A lot of applicants think case interviews will be the hardest part of their consulting applications. But the most competitive step is probably to be SELECTED for interviews in the first place.

How do you get selected for McKinsey?

Study smart. McKinsey is known for being the first major management consulting firm to recruit employees straight out of college. … Get comfortable. Once a candidate has earned an interview at McKinsey, they follow the firm’s meticulously crafted hiring process. … Analyze and speak up. … Show off.

Does McKinsey pay for MBA?

Short answer: Yes. It’s quite common for McKinsey, BCG, Bain, Deloitte et al to offer to fully pay MBA tuition for their existing employees (eg Susan has been at McKinsey for two years and wants to get her MBA).

Do BCG consultants travel a lot?

Consulting job requires you to travel a lot. Travel will typically increase with promotions since you are working with many more clients. At junior levels it is 2 flights every week to about 7–8 flights per week at the partner level.