The Job Progression Tool supports job seekers without a four-year college degree move to more resilient, in-demand, higher-wage occupations. 2 Analytics (12%) In an Analytics role at McKinsey, your goal will be to use data and analysis to create helpful business insights. As context, my average TC increase has been 18pc per annum for the last 5 years. Mckinsey Salary ProgressionThe estimated total pay for a Engagement Manager at McKinsey & Company is $322,365 per year. salary progression after BigLaw? : r/biglaw. Learn about careers at McKinsey by reading profiles, launching a job search, or exploring the firm. The ManagementConsulted report estimates that total compensation for MBA hires at Bain and BCG (combining salary, performance bonuses, and signing bonus) can reach up to $236,000, while McKinsey MBA hires receive $230,000. The estimated additional pay is. Base salary probably around high 100s to mid 200s, bonus also can range from between 10-30% of base, and initial equity package also ranges from very little 20k at old school companies to 200+k at more modern companies. Traditional progression at Mckinsey from bottom to top is- 1. First year associate here from McKinsey & Company. The actual average hours worked per week at McKinsey and Co based on our data is actually 64 hours, which. McKinsey salary progression (Top) Business analyst Years of Experience: 0-1 Expected Salary Range: $120k - $140k Median Salary: $130k Early career undergraduates typically enter McKinsey as business analysts. This promotion, of course, can come in two years. McKinsey consultants: salary progression from 1st. Like Share 1 Recent EY-Parthenon 1 Chief C1- 170 C2- 185 M1- 200 M2- 210 M3-. McKinsey, Bain and BCG lift pay as talent war heats up: Trio have delivered one of the biggest salary increases for new MBA hires in more than two decades ft 322 53 53 comments Best Add a Comment quickblur • 6 mo. 9% Boston Consulting Group (BCG) 98. We would like to show you a description here but the site won’t allow us. The Job Progression Tool supports job seekers without a four-year college degree move to more resilient, in-demand, higher-wage occupations. Management Consulting Salary At 12 Top Firms (2020 Update) / MConsultingPrep. In aggregate there were nearly 316,000 unfilled tech jobs across the economy in March. McKinsey generated approximately $10. How much do consultants at McKinsey, BCG, and Bain make (in USD)? While entry-level roles pay USD ~100k for graduates, employees hired straight from their. Base Salary: €30 624 Extra legal stuff: €9 138 Bonus: €815 Total comp::€40 577 Ill be graduating this year and starting in the fall, the bonus is calculated on the standard bonus. McKinsey Implementation. This broad objective can involve a variety of different tasks, and in all cases, strong quantitative skills will be important. The salary offered ranges around $160000, and with incentives and bonuses it can go up to $200000. As of 2020, the Mckinsey salary of an entry-level consultant (Analyst) ranges from $108,000 to $116,000 per annum. McKinsey Engagement Manager Salary. Mckinsey Salary Progression In UK An employee that starts at McKinsey as a Business analyst in the UK earns a base salary of £45,000. Actually, its a bit different at McKinsey: 1) Intern - Internship for students after which you are supposed to get a full-time offer 2) Business Analyst (BA) - an entry role, well-defined, with a strict time frame of 2 years 3) Senior Business Analyst (SBA) - Usually lasts 1-1. Mckinsey Salary Progression. IFSC Code of State Bank Of India, Mitauli is SBIN0011226 and MICR Code is 262002753. graduation can expect between USD 150 to 180k, similar to early experienced highers. It belongs to Lucknow Division. 2022 consulting salaries: how much top management. McKinsey was a bit more generous with retirement assistance, setting aside 7. Levels at McKinsey Business Analyst Senior Business Analyst Associate Show 5 More Levels United States Average Total Compensation $288,145 Base Salary $207,858 Stock Grant (/yr) $0 Bonus $80,287 Get Paid, Not Played Weve negotiated thousands of offers and regularly achieve $30k+ (sometimes $300k+) increases. This broad objective can involve a variety of different. McKinsey Analysts in the US may earn up to $100,000 per year in salary, with $88,000 base and $15,000 performance bonus. McKinsey, Bain and BCG lift pay as talent war heats up: Trio have delivered one of the biggest salary increases for new MBA hires in more than two decades ft 322 53 53 comments Best Add a Comment quickblur • 6 mo. Based on all the latest comp news is it likely base or bonus will change at all… more 2 Like 10 Comments Share 1 works at Axtria Inc. MBAs averaged $175,000 starting out at McKinsey, Bain, and the Boston Consulting Group. Consulting - $100 Million The table from managementconsulted. I hope to add a recruitment bonus on top of it as well as a performance based bonus. Apply online at mckinsey. McKinsey Analysts in the US may earn up to $100,000 per year in salary, with $88,000 base and $15,000 performance bonus. McKinsey has the most opportunities, primarily because it’s the biggest – which means if you have a medical, law, or other advanced degree and you’re looking to start your consulting career, check out McKinsey first. The ManagementConsulted report estimates that total compensation for MBA hires at Bain and BCG (combining salary, performance bonuses, and signing bonus) can reach up to $236,000, while McKinsey MBA hires receive $230,000. Traditional progression at Mckinsey from bottom to top is- 1. The most competitive firms (McKinsey, BCG, Bain) all start for MBA and APD (Advanced Professional Degrees) with a base salary in the low 100s (like ~110k). McKinsey salaries: Business analysts (fresh out of undergrad hire) earn a $75,000 salary + $5,000 signing bonus + $5,000 relocation allowance. MBA/PhD hires For MBA and PhD hires, salaries and bonuses for the MBB firms remained unchanged, with Bain and BCG edging ahead of McKinsey in terms of total. McKinseys Consulting job board 1. Overall, total compensation came in between $216K and $220K. 04 Billion PwC Consulting – $15. Wall Street Oasis>MBB Pay Raises?. Look at total compensation increases. McKinseys Consulting job board 1. MBB principals earn between $250,000 and $320,000 a year. McKinsey Salary Progression. Basic salaries at top firms For recently graduated undergraduates and Masters students, the base salaries at McKinsey, BCG and Bain in London start from £40,000 and can be as high as £45,000. Also, you wont get to stick around for a 4th year to make EM (and not sure why youd want to). Bain has two roles at the project manager level – Manager and Senior Manager. Mckinsey Salary Progression In UK. Upon successfully completing the course, youre offered a job with a starting salary of Rs. McKinsey, Bain, BCG Salaries Frozen As MBA Consultants. 04 Billion PwC Consulting - $15. In 2022, starting base salaries. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. McKinsey and Co pays the highest-paid employees over $185,000 a year, while the lowest-paid employees are paid less than $75,000. data from 2015 to 2019 where. McKinsey, Bain & BCG?>What are the career paths and titles at McKinsey, Bain & BCG?. Select your job title and find out how much you could make at McKinsey & Company. As of 2020, the Mckinsey salary of an entry-level consultant (Analyst) ranges from $108,000 to $116,000 per annum. Bonus is simply a plug to make your TC number for the year. That will always be >10pc every year. Management Consulting Salary At 12 Top Firms (2020 Update)>Management Consulting Salary At 12 Top Firms (2020 Update). Whats the salary trajectory at EY. McKinsey’s salary is determined based on several factors: job role, performance, and experience. Average Salary of a Consultant at McKinsey, Bain or BCG >The Average Salary of a Consultant at McKinsey, Bain or BCG. There is a slight annual increase for a 2nd and a 3rd year in each role at least at McKinsey. In a recent LinkedIn survey, 40% of Gen Z workers said they’d be willing to accept a 5% pay cut for a job offering significant career growth opportunities. Roughly half say child care issues were a reason they quit a job (48%. McKinsey & Company Undergraduate & Master’s Consultant Salary Base: $112,000 (Canada: C$100,000) Performance Bonus: up to $30,000 Total Cash: up to $142,000 Housing Allowance: up to $5,000 (geo contingent) PTO Vacation: 19 days Relocation: up to $10,000 Retirement: 7. Unsurprisingly salaries increase as consultants progress up the pyramid. If that isn’t impressive enough, you can expect to add on another 5-15% of performance bonuses. Your growth at McKinsey You bring your skills, abilities, potential, and unique point of view to McKinsey. 105 Jobs and Vacancies in Babain, Haryana. Consulting Salaries in 2019. At the partner level, it is typical that consultants are invited into the firm partnership. The estimated base pay is $171,668 per year. Lovely Professional University- LPU Jalandhar. However, thats less important. The estimated additional pay is $157,284 per year. Mitauli Pin Code is 262727, Get Postal code (Zip Code) of Mitauli which is located in Kheri, Zone, Uttar Pradesh in India. Bain has two roles at the project manager level – Manager and Senior Manager. Are you coming in as a new EM or a senior EM? Id say salary of between $160k - $220k, with another $60k-$100k coming in end of year ProdPay (McK term). McKinsey was a bit more generous with retirement assistance, setting aside 7. 2% Access CO Report Professional Growth Opportunities Consulting. Recruitment at McKinsey McKinsey is considered to have one of the most competitive recruitment processes in the world. See full list on businessbecause. McKinsey doesnt usually hire EMs from the outside, so its a little hard to say. Search job titles Find Salaries Filter Dubai Filter Job. In other developed countries, the salary fluctuates around $80,000, while in developing nations such as India, the number is roughly $25,000-$30,000 (profit sharing not included). 2 And a large share of these workers—about 36 percent, or two million people—are Black and Latinx. Whats more important is how fast you get promoted. 2022 consulting salaries: how much top management consultants. There is a slight annual increase for a 2nd and a 3rd year in each role at least at McKinsey. The average McKinsey salary for an employee with the title Data Scientist is $100,000 a year, with a range from $84,000-136,000. , retirement plan matching payments) and a substantial potential for performance bonus (~20-30k). 20,000 per month during internship jobs in Babain. Mckinsey career progression – Track2Training>Mckinsey career progression – Track2Training. Consulting: big boys like McKinsey generally offer high $100s to low $200s with the promise of 75% biglaw hours - “usually done by 630/7” and “not many weekends”. Based on all the latest comp news is it likely base or bonus will change at all… more. This is contrasted to BCG and McKinsey where they have a more standard 2-3 years at project leader before getting promoted to Principal. MBB raised base salaries from $90,000 to $100,000 last month Authored by: Certified Consulting Professional - 1st Year Analyst A5s CO Rank: Gorilla 561 1y Neither raised compensation at post-UG or post-MBA levels in the US. In the US, you should expect to earn approximately $115k as an entry-level Business Analyst at McKinsey or an entry-level Associate at BCG. The actual average hours worked per week at McKinsey and Co based on our data is actually 64 hours, which would. Like Share a year Related Posts works at Tata Consultancy. Base Salary: €30 624 Extra legal stuff: €9 138 Bonus: €815 Total comp::€40 577 Ill be graduating this year and starting in the fall, the bonus is calculated on the standard bonus. McKinsey salary progression (Top) Business analyst Years of Experience: 0-1 Expected Salary Range: $120k - $140k Median Salary: $130k Early career. To break this down, base salaries for MBAs at the Big Three consulting firms all come in at $165k a year. These suppliers undergo an assessment process to ensure they meet a set of standards and align with our values. Digital Consulting Solutions: McKinsey Salary Progression. McKinsey & Company Salary (2020). In a recent LinkedIn survey, 40% of Gen Z workers said they’d be willing to accept a 5% pay cut for a job offering significant career growth opportunities. McKinsey & Company 4 Don’t like at base salary increase as the metric. Offer was 175K base, target bonus 20K. Earnings at MBB companies for entry levels start from a minimum of around $80K for candidates out of an undergraduate program and around $140K for those from an MBA/ Graduate Program. Signing bonuses across all three firms remain at $30,000. Its not only about future workers, though. McKinsey has been active in the Middle East since 1957, while Boston Consulting Group’s presence in the region stretches back two decades. At McKinsey, the figure remains at $45,000. 96 Billion Bain Consulting - $2. Performance bonuses have also increased with Bain now paying bonuses up to $63,000 and BCG up to $50,000. NIILM University Placements: Highest & Average Salary Package, Top. McKinsey Implementation Consultant Salary: Employees in this role earn an average salary of $158,000 a year, with a range from $152,000-173,000. Find McKinsey & Company Salaries by Job Title. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. McKinsey & Company Salaries How much do McKinsey & Company employees make? Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. MBB partners, about six to eight years out of business school, earn between $350,000. McKinsey, Bain, BCG Salaries Frozen As MBA Consultants >McKinsey, Bain, BCG Salaries Frozen As MBA Consultants. Your growth at McKinsey You bring your skills, abilities, potential, and unique point of view to McKinsey. How much do consultants at McKinsey, BCG, and Bain make (in USD)? While entry-level roles pay USD ~100k for graduates, employees hired straight from their MBA or Ph. Earnings at MBB companies for entry levels start from a minimum of around $80K for candidates out of an undergraduate program and around $140K for those from an MBA/ Graduate Program. However, they have not proved to unlock progressions to Targets. Majorities of workers who quit a job in 2021 say low pay (63%), no opportunities for advancement (63%) and feeling disrespected at work (57%) were reasons why they quit, according to the Feb. In management consulting, MBB stands for McKinsey & Company, Boston Consulting Group, and Bain & Company, the three most prestigious firms in the industry (also known as the “Big Three”). These >Robots will take 50 million jobs in the next decade. No Engagement Manager at Mckinsey is making 300k all-in Y1 unless all-in means (Base + Bonus + EM Bonus + 401k + Hotel Points) x ego multiplier. In Canada and Spain, the amount ranges. 1 Tech employment solid amid signs of labor market cooling, CompTIA analysis shows, CompTIA press release, April 7, 2023. Hell or High Water Meaning Contract 1 clutchmuffin CO Rank: Senior Gorilla 908 1y. 5% of salary for an employees 401k. The estimated base pay is $171,526 per year. 2500 per month during classroom training, and a stipend Rs. Unsurprisingly salaries increase as consultants progress up the pyramid. Share 1. The estimated additional pay is $157,440 per year. Mckinsey Salary Progression In UK An employee that starts at McKinsey as a Business analyst in the UK earns a base salary of £45,000. Sukhomajri, a village in Haryana falling in the catchment of lake Sukhna in Chandigarh, was once surrounded by the dense, moist, deciduous Shivalik forest. BCG held its retirement contribution a $10,312, after a big hike in 2019 – while Bain. If you were to enter the firms at the entry-level and not leave for grad school, you could theoretically make it to Partner in as little as seven years at McKinsey or eight years at BCG or Bain. Career/salary progression after BigLaw? : r/biglaw. If you’re applying as an Associate or Business Analyst direct from university, you can submit up to four location preferences. Consulting Based on 4595 salaries Associate (Management Consultant) 1477 salaries Management Consultant Associate 1357 salaries View More. com 915b5091-0d7e-44d2-a8c4-cf08267e52fe Skip to main content. This base compensation is the equivalent of $48 per hour assuming a 40 hour work week (2,000 hours per year). If you add signing bonus, performance bonus and relocation costs, these figures add up to around $105K and $208K, respectively. They reportedly receive about 200,000 applications per year and hire only ~1. Management Consulting Salaries: 2022 Guide. This number represents the median, which is the midpoint of the. MBB consultants are recruited with the highest standard (<1% passing rate), paid the highest salaries (starting at $80,000/year in the US), and have. year associate here from McKinsey & Company. McKinsey consultants: salary progression from 1st year BA to 2nd year BA to 3rd year BA to em 4 Like 2 Comments Share 3Y Related Posts works at EY Advisory in Accounting NYC FDD manager 1 salary of 150k reasonable?! 1 Like 7 Comments Share 1 2Y works at IBM DataScientists Network Hi fishes,. The estimated total pay for a Engagement Manager at McKinsey & Company is $322,365 per year. 5-2x increase in salary depending on the role. As of March 2023, the tech unemployment rate was 2. McKinsey careers: the ultimate guide – IGotAnOffer. Consulting firms typically have 6 roles from entry-level to partner. The recent wave of high-profile tech layoffs has not made much of an impact on the supply-demand disconnect in the digital-talent market. The estimated base pay is $160,567 per year. The average salary for McKinsey & Company, Inc. This base compensation is the equivalent of $48. How much do McKinsey & Company employees make? Glassdoor provides our best prediction for total pay in todays job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. The estimated base pay is $161,172 per year. McKinsey & Company 4 Don’t like at base salary increase as the metric. The estimated total pay for a Senior Expert at McKinsey & Company is $318,456 per year. 1 “Tech employment solid amid signs of labor market cooling, CompTIA analysis shows,” CompTIA press release, April 7, 2023. 2 percent, compared with the national average of 3. Majorities of workers who quit a job in 2021 say low pay (63%), no opportunities for advancement (63%) and feeling disrespected at work (57%) were. Partner Every firm has a different name for the same type of role, the difference is merely in naming. Many employees are currently working in jobs that will change because of automation: McKinseys analysts predicted that about 22% of workforce. 5 lacs per annum + incentives for Babain candidates. In 2023, MBA consulting salaries at the MBB firms start at $190,000 at BCG, and $192,000 at McKinsey and Bain, up from $175,000 last year. In most consulting firms moving from one position to another takes 2 to 3 years. McKinsey Consulting - $7. The actual average hours worked per week at McKinsey and Co based on our data is actually 64 hours, which would bring down the true effective hourly rate to $31 on average. In aggregate there were nearly 316,000 unfilled tech jobs across the economy in March. Mix - Consulting Salaries and Working Hours Exposed - McKinsey, BCG, Bain, Big 4 etc. 2 Analytics (12%) In an Analytics role at McKinsey, your goal will be to use data and analysis to create helpful business insights. The salary offered ranges around $160000, and with incentives and bonuses it can go up to $200000. The estimated total pay for a Engagement Manager at McKinsey & Company is $321,901 per year. 8 million of these workers, from low- and mid-wage roles (earning less than $42,000 annually), were unemployed as of February 2021, making up roughly 63 percent of all unemployed Americans. A consulting role in the US can come with a six-figure salary in year one – base pay for undergraduates can easily be up to $90,000, with an MBA or PhD grad starting on salaries often rising above $170,000. Outside of consulting, the 2023 UAE list has a reasonably familiar look, dominated by large regional and global multinationals. We are experts offering you diversified advice and insights that relevant for all MBB firms, across multiple region (North America, Australia, and Asia), levels in the consulting career track (from entry-level to manager) and practices (operation and manufacturing, banking and finance, oil & gas, telecom, etc. No Engagement Manager at Mckinsey is making 300k all-in Y1 unless all-in means (Base + Bonus + EM Bonus + 401k + Hotel Points) x ego multiplier. At least a third say each of these were major reasons why they left. The Job Progression Tool, developed by McKinsey & Company on behalf of the Rework America Alliance, is a digital solution for job coaches and career navigators for supporting job seekers in the United States without a four-year college degree. McKinsey was a bit more generous with retirement assistance, setting aside 7. The estimated total pay for a Senior Expert at McKinsey & Company is $318,456 per year. IFSC Code of State Bank Of India, Mitauli, Lakhimpur Khedi, Uttar. McKinsey’s salary is determined based on several factors: job role, performance, and experience. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. BCG held its retirement contribution a $10,312, after a big hike in 2019 - while Bain has kept its contribution steady at $8k. Application deadlines for ADP programs happen in February and March for all 3 firms. Its not only about future workers, though. Base salary: $65,000 - $80,000 Years at level: 2 - 3 years before promotion Pros: Quick ownership and impact Learn quickly from experienced experts Protected from political conflicts Cons: Little control over your schedule Little decision making power Less specialisation Junior consultant snapshot. Salaries at the bottom layer are generous, ranging between $40,000 and $100,000 base, and will increase 20-30% at each level up to partner. You should make sure youre eligible for ProdPay your first year. Salaries at McKinsey and BCG are broadly the same. McKinsey Analyst salary (2020). Base salary probably around high 100s to mid 200s, bonus also can range from between 10-30% of base, and initial equity package also ranges from very little 20k at old school companies to 200+k at more modern companies. There is also some variance over the size of relocation packages, with Bain being the most generous. McKinsey & BCG Compared: How Are They Different?. The estimated additional pay is $157,284 per. They all also include very generous benefits (e. As of March 2023, the tech unemployment rate was 2. This grows to a salary somewhere north of $400,000 as an Associate Partner at McKinsey or Principle at BCG. McKinsey Consulting – $7. McKinsey & Company / 8. Mix - Consulting Salaries and Working Hours Exposed - McKinsey, BCG, Bain, Big 4 etc. McKinsey & Company Starting as experienced hire associate at McKinsey early 2023. Salary, career progression, and exit opportunities Salaries. The recent wave of high-profile tech layoffs has not made much of an impact on the supply–demand disconnect in the digital-talent market. If you entered after graduate school, you could do it in as little as about six years. People typically stay in the Manager role anywhere from 6 to 18 months and then typically 30 months in the Senior Manager role. 5-2x increase in salary depending on the role. The estimated total pay for a Senior Expert at McKinsey & Company is $318,007 per year. This is comparatively high compared to graduate salaries in most other fields. One major difference between the firms: Bain offers 25 days of PTO off the bat, compared to BCG. A senior partner can take home $450,000 to $650,000 annually, with bonuses approaching and sometimes exceeding half a million dollars a year. An employee that starts at McKinsey as a Business analyst in. Total compensation packages for MBA consultants at the Big Three consulting firms, also known as MBB, are substantially up. McKinsey partners with a small number of preferred service providers (external search firms) on our recruiting and talent attraction efforts. Like Gateways, these jobs have been accessible to people without a four-year degree, provide good wage increases (to an annual salary of more than $42,000 for those without a four-year degree), and can lay the groundwork for a meaningful career. Majorities of workers who quit a job in 2021 say low pay (63%), no opportunities for advancement (63%) and feeling disrespected at work (57%) were reasons why they quit, according to the Feb. This salary progression and other benefits are why Mckinseys salary has become a topic of discussion in the consulting world. You can efile income tax return on your income from salary, house property, capital gains, business & profession and income from other sources. If you were to enter the firms at the entry-level and not leave for grad school, you could theoretically make it to Partner in as little as seven years at McKinsey or eight years at BCG or Bain. Actually, its a bit different at McKinsey: 1) Intern - Internship for students after which you are supposed to get a full-time offer 2) Business Analyst (BA) - an entry role, well-defined, with a strict time frame of 2 years 3) Senior Business Analyst (SBA) - Usually lasts 1-1. Evolutionary Background of JFM in Haryana: The Sukhomajri Model. Starting salaries for MBA graduates going into consulting have gone up, especially during the past few years, as the competition for talent continues to rise. Digital solution consultants at McKinsey typically start with a competitive base salary, and their compensation package may include bonuses, profit sharing, and other benefits. 1 “Tech employment solid amid signs of labor market cooling, CompTIA analysis shows,”. The estimated additional pay is $150,696. McKinsey & Company Starting as experienced hire associate at McKinsey early 2023. We provide the mentors, teammates, and a yearly training investment of more than $200 million to help you develop your future. Please include ‘McKinsey Digital/ [Location]’ in your. M1 - ~210k Raises can vary based on performance from here but can average 5-10% from what I understand. Visit PayScale to research McKinsey & Company, Inc. Further you can also file TDS. McKinsey generated approximately $10. McKinsey & Company Undergraduate & Master’s Consultant Salary Base: $112,000 (Canada: C$100,000) Performance Bonus: up to $30,000 Total Cash: up to $142,000 Housing Allowance: up to $5,000 (geo contingent) PTO Vacation: 19 days Relocation: up to $10,000 Retirement: 7. McKinsey & Company Salaries in Dubai, United Arab Emirates 67 salaries (for 31 job titles)Updated 27/4/2023 67 McKinsey & Company employees have shared their salaries on Glassdoor. IFSC Code of Indian Bank, Kheri Mitauli, Kheri, Uttar Pradesh. McKinsey salaries: Business analysts (fresh out of undergrad hire) earn a $75,000 salary + $5,000 signing bonus + $5,000 relocation allowance. McKinsey Engagement Manager Management Consultant Salary. McKinsey and Co employees in different groups or divisions tend to have different salaries as well. Base salary: $65,000 - $80,000 Years at level: 2 - 3 years before promotion Pros: Quick ownership and impact Learn quickly from experienced experts Protected from political conflicts Cons: Little control over your schedule Little decision making power Less specialisation Junior consultant snapshot. Design Graphics for Facebook, Instagram and other social Media websites. “People want to grow; they want to grow. 5bn revenue in 2019, putting it ahead of rivals BCG ($8. This salary progression and other benefits are why Mckinsey’s salary has become a topic of discussion in the consulting world. Basic salaries at top firms For recently graduated undergraduates and Masters students, the base salaries at McKinsey, BCG and Bain in London start from £40,000 and can be as high as £45,000. MBB (Big 3) consulting firms – McKinsey, BCG & Bain. This salary progression and other.