McKinsey & Company

  www.mckinsey.com
  www.mckinsey.com

McKinsey & Company Reviews in Chicago, IL

Updated December 3, 2014
Updated December 3, 2014
1,027 Reviews
4.1
1,027 Reviews
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McKinsey & Company Managing Director Dominic Barton
Dominic Barton
583 Ratings

Review Highlights

Pros
  • Very smart people to bounce thought off and get new angles that you haven't thought of (in 67 reviews)

  • Great people to work with, get to learn a lot from colleagues as well as senior leadership (in 26 reviews)


Cons
  • You have to have a lot of self discipline to keep work life balance reasonable (in 174 reviews)

  • Very long hours and a very high pressure environment leads to continual stress (in 175 reviews)

More Highlights

43 Employee Reviews Back to all reviews

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  1.  

    Great place to learn, have real meaningful impact and work with people truly invested in helping those around

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Engagement Manager in Chicago, IL
    Current Employee - Engagement Manager in Chicago, IL

    I have been working at McKinsey & Company full-time (more than 3 years)

    Pros

    - Non-negotiable values - I have seen us walk away from clients because we did not believe what they wanted us to do was right for them
    - Great place to get coached and mentored - it always amazes me how responsive anyone is if you ask for help
    - Pro-active and meaningful emphasis on preferences/workstyle and personal life balance

    Cons

    - Need to be very proactive in managing your network - out of sight out of mind, esp for niche sectors/topics to work on that have a high geographic skew

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Best place to work at

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Partner in Chicago, IL
    Current Employee - Partner in Chicago, IL

    I have been working at McKinsey & Company full-time (more than 10 years)

    Pros

    Great people, great freedom, attractive career progression, very collaborative style

    Cons

    Travel can be intensive, hours can be long

    Advice to ManagementAdvice

    None

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Great place to learn

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in Chicago, IL
    Former Employee - Associate in Chicago, IL

    I worked at McKinsey & Company full-time (more than an year)

    Pros

    The work is interesting, colleagues are talented, great work environment and perks, excellent exit options. You really can't go wrong by working at McKinsey. The alumni network is very strong and it's a great resume enhancer.

    Cons

    The biggest con is the lifestyle, primarily the travel. If you don't mind being away from home 3-4 nights per week, it's doable, but if you do mind it might not be a great fit.

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    A big challenge with a commensurate payoff in knowledge and capabilities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in Chicago, IL
    Current Employee - Associate in Chicago, IL

    I have been working at McKinsey & Company full-time (more than an year)

    Pros

    Exposure to some of the most intelligent people in the world along with a culture that is dependent on your success and growth

    Cons

    Long hours and constant performance feedback can be draining to those who are not prepared

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great work environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Research Analyst in Chicago, IL
    Current Employee - Research Analyst in Chicago, IL

    I have been working at McKinsey & Company full-time (more than 3 years)

    Pros

    People are truly passionate about mentoring others

    Cons

    Advancement can get lengthy

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Great place for a structured carrier path. Can be hard on lifestyle and depends on people you work with

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Engagement Manager in Chicago, IL
    Current Employee - Engagement Manager in Chicago, IL

    I have been working at McKinsey & Company full-time (more than 5 years)

    Pros

    Freedom, learning a lot of new topics, different challenging client situations

    Cons

    Travel and lifestyle can be tough

    No opinion of CEO
  8. 2 people found this helpful  

    Great company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst in Chicago, IL
    Current Employee - Business Analyst in Chicago, IL

    I have been working at McKinsey & Company full-time (more than an year)

    Pros

    Fantastic culture that brings out the highest quality work in most people
    Amazing exit opportunities--a year at McKinsey is worth 2 or 3 years at other jobs
    Huge responsibility--I was actively working with senior executives from day one

    Cons

    The hours can be stressful, as can the "up or out" culture. Statistically speaking, most people are not making it to the partner level. I left for business school and knew I would not come back because of the lifestyle constrains.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 4 people found this helpful  

    Insecurity among leadership shows

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior ASC in Chicago, IL
    Current Employee - Senior ASC in Chicago, IL

    I have been working at McKinsey & Company full-time (more than an year)

    Pros

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

    Cons

    Political 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 ManagementAdvice

    Nothing, the model is crumbling so do what you can while the going is still good for you

    Recommends
    Neutral Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Eye opening experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Research Analyst in Chicago, IL
    Current Employee - Research Analyst in Chicago, IL

    I have been working at McKinsey & Company full-time (more than an year)

    Pros

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

    Cons

    Terribly demanding in terms of traveling and work-life balance

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Best company I have ever worked for

    Current Employee - Engagement Manager in Chicago, IL
    Current Employee - Engagement Manager in Chicago, IL

    I have been working at McKinsey & Company full-time (more than 5 years)

    Pros

    Great 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

    Cons

    The 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 ManagementAdvice

    Continue doing what you are doing.

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