McKinsey & Company

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McKinsey & Company Reviews in Chicago, IL

Updated Feb 9, 2014
All Employees Current Employees Only

4.1 36 reviews

94% Approve of the CEO

McKinsey & Company Managing Director Dominic Barton

Dominic Barton

(17 ratings)

97% of employees recommend this company to a friend

Review Highlights

Pros
  • Very smart people to bounce thought off and get new angles that you haven't thought of(in 64 reviews)

  • Great people to work with, get to learn a lot from colleagues as well as senior leadership(in 24 reviews)


Cons
  • You have to have a lot of self discipline to keep work life balance reasonable(in 157 reviews)

  • Very long hours and continual expectation of over-performance(in 157 reviews)

36 Employee Reviews Back to all reviews
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    1 person found this helpful  

    Eye opening experience

    Research Analyst (Current Employee) Chicago, IL

    ProsChallenging, interesting, stimulating and worth every drop of intellectual and physical sweat

    ConsTerribly demanding in terms of traveling and work-life balance

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • No Opinion of CEO

    3 people found this helpful  

    Insecurity among leadership shows

    Senior ASC (Current Employee) Chicago, IL

    ProsGreat brand name
    Open doors since its a great polishing school
    Probably better than being at Bain or BCG

    ConsPolitical beyond belief
    Insecure leadership that sees McKinsey's position become less tenable by the day, and becoming more of a rubber stamp openly
    Its a bunch of fiefdoms knitted together by outsourced page making, research teams (that basically google stuff for you) and boiler plate material used as 'knowledge documents'
    Really nothing more to add, the lifestyle everyone is aware of, go in with your eyes open. Don't know why people are complaining about it, everyone knows about it!!

    Advice to Senior ManagementNothing, the model is crumbling so do what you can while the going is still good for you

    Yes, I would recommend this company to a friend

     

    Best company I have ever worked for

    Engagement Manager (Current Employee) Chicago, IL

    ProsGreat professional development, strong people to work with, interesting work that impacts clients in a meaningful way, many international opportunities, partners that care about your development

    ConsThe only downside of working at McKinsey is the travel and sometimes longer hours. If you are fine with knowing that going in, it is one of the best places to work.

    Advice to Senior ManagementContinue doing what you are doing.

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
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    • Disapproves of CEO

    1 person found this helpful  

    If personal happiness is important to you, do not work here

    Summer Associate (Former Employee) Chicago, IL

    ProsEnables quick career advancement if you can stick with it for a couple years.

    Cons80-90 hrs/week of busy work. Little learning new of concepts, very little mentoring, and constant criticism. Some coworkers will throw you under the bus to get ahead. Very hierarchical - problem solving discussions are open for everyone to express their ideas, but at the end of the day, the most senior person in the room makes the decision. Performance ratings are based primarily on how much your management likes you, not as much on your output.

    No, I would not recommend this company to a friend

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    1 person found this helpful  

    Great company, tough culture

    Associate (Current Employee) Chicago, IL

    ProsBest business training, steep learning curve

    ConsTough culture, people are insecure

    Yes, I would recommend this company to a friend

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    Great experience for career if you can deal with the cons for a few years

    Senior Associate (Former Employee) Chicago, IL

    Pros- unparalleled exposure to executive-level decision making in variety of industries
    - great training and ability to work in several different environments
    - good pay and great benefits
    - a great launchpad to grow your career once leave the firm

    Cons- work/life balance is tough and variable depending on study
    - up and out mentality makes many (though not all) colleagues cut-throat an willing to throw others under the bus

    Yes, I would recommend this company to a friend

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    1 person found this helpful  

    Great Firm to work for

    Associate (Former Employee) Chicago, IL

    ProsGreat people, culture, value and corporate structure

    ConsWork-life balance not always ideal

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Associate

    Anonymous Employee (Current Employee) Chicago, IL

    ProsIntellectually challenging work
    Fantastic training opportunities
    Phenomenal network
    Prestiege

    ConsWork life balance can be challenging

    Yes, I would recommend this company to a friend

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    • No Opinion of CEO

     

    Incredible smart people -- always challenged

    Anonymous Employee (Former Employee) Chicago, IL

    ProsYou will never be bored, the projects vary across a number of industries, and the people you will be able to work with are always top in their field

    Consextremely competitive, these are some of the most driven people in the world, they are not used to being told that something can't be done or can't happen.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Exhilarating

    Engagement Manager (Current Employee) Chicago, IL

    Pros> The network: people are smart, capable, diverse and well connected
    > Rapid development of hard and soft skills
    > Steep trajectory of increasing challenge and responsibility

    Cons> Exhausting between frequent travel and long hours, but better than i-banking or corporate law
    > Up or out
    > Marginal utility of the Firm diminishes with tenure

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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