How do I become a business analyst at McKinsey?

If you’re applying as an undergraduate or non-MBA holder, you will come into the company at Business Analyst level. With an advanced degree, it’s possible to join at Associate level, which is the second rung up the ladder.

What is a business analyst salary McKinsey?

The average McKinsey & Company Business Analyst earns $102,133 annually, which includes a base salary of $91,333 with a $10,800 bonus. This total compensation is $18,278 more than the US average for a Business Analyst. Business Analyst salaries at McKinsey & Company can range from $80,000 – $144,000.

What are the different levels in McKinsey?

Levels at McKinsey

• Business Analyst.
• Senior Business Analyst.
• Associate.
• Senior Associate.
• Engagement Manager.
• Associate Principal.
• Principal.
• Director.

What are my chances of becoming a business analyst at McKinsey?

According to our estimation, if you are able to get a first round interview, then your chances of getting an offer at McKinsey jump WAY up to about 10\%. A one-in-ten chance is actually pretty good, but you can do even more to optimise your chances by preparing strategically.

What does a business analyst at McKinsey do?

This includes gathering and analyzing information, formulating and testing hypotheses, and developing and communicating recommendations. You’ll also have the opportunity to present results to client management and implement recommendations in collaboration with client team members.

What is it like to work as a business analyst at McKinsey?

We view the Business Analyst position as the start of a rewarding, challenging, and highly flexible career with McKinsey. During your first few years with the firm, you will serve as a BA on multiple client engagements and work with a number of colleagues and clients in a range of industry and functional areas.

How long does it take to become a consulting firm partner?

Consulting firms typically have 6 roles from entry-level to partner. Moving from one position to the next typically takes 1 to 3 years. So becoming a partner can take 10+ years, depending on your starting level and speed to promotions. As you move up the ladder your role will change.

What does it take to become a business analyst?

Business Analysts receive exceptional training as well as frequent coaching and mentoring from colleagues on their teams. This support includes a Partner from your local office or practice assigned to you to help guide your career as well as several weeks of formal training in your first two years as a Business Analyst.

What tools does McKinsey provide to clients?

Excel, PowerPoint, and client relationships are the three main tools, but there are a variety of others: internal McKinsey expert calls, external expert calls, the McKinsey Knowledge base, Google, etc.