McKinsey & Company

  www.mckinsey.com
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McKinsey & Company Reviews

These reviews contributed towards 2010's Best Places to Work recognition. See ratings and reviews for all time.

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)

53 Employee Reviews
Relevance Date Rating
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    • Work/Life Balance
    • Senior Management
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    • Approves of CEO

     

    amazing opportunity if you like being challenged and capable of working under pressure

    Business Analyst (Current Employee)

    ProsGreat career opportunities, surrounded by highly motivated capable people and the chance to work on the most exciting problems

    ConsSignificant travel; constant pressure to perform and up or out culture

    Advice to Senior ManagementN/A

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
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    • No Opinion of CEO

    8 people found this helpful  

    Working at McKinsey is a bit like being manic depressive - the highs are phenomenal but the lows are awful

    Associate Principal (Current Employee) Atlanta, GA

    ProsProfessional development is outstanding - both formal training courses and the on-the-job type learning you get from your teams. The people you work with are very smart and motivated and you can depend on them. You get to work on companies' biggest issues and have incredible access to people at all levels. When it is good - there is nothing better.

    ConsThe lifestyle is pretty awful and as you progress upwards, it becomes harder and harder to do anything apart from work. The review process is brutal. You will come across team leaders (from engagement managers up through partners/directors) who are pretty crap at the people stuff - eg., respecting lifestyle, motivating and developing people.

    Advice to Senior ManagementEnsure consistency across offices, practices and countries in the review process.

    • Work/Life Balance
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    Great place to start a career.

    Engagement Manager (Former Employee)

    ProsThe place believes in it's values and attracts great people all over the world. At lower levels, when it's at it's best it's a real meritocracy. There's an incredible amount of time and thought given to development and training.

    ConsTravel can be intense. Lifestyle tends to suck.

    Advice to Senior ManagementFigure out a way to make the work-life balance more sustainable.

    Yes, I would recommend this company to a friend

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Work/Life Balance
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    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    2 people found this helpful  

    Great people, training ground and fantastic network

    Senior Associate (Current Employee) New York, NY

    Pros- Fantastic on-the-job and dedicated off-site training (focus on soft skills and problem-solving process)
    - Genuinely nice people to work with
    - Exposure to to Fortune 500 clients and most important strategic issues
    - Well-maintained and powerful alumni network
    - Useful brand name on your resume, opens doors in most business sectors

    Cons- Work/life balance can be hard to sustain
    - Travel internationally can limit time in home office
    - Types of projects not always ideal to consultant's career path (e.g. Healthcare projects are popular in 2009 though Financial Services aligned consultants may not want to be in that sector)

    Advice to Senior Management- Focus more universally on apprenticeship model
    - Maintain meritocratic, team-based culture

    Yes, I would recommend this company to a friend

    • Work/Life Balance
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    • Approves of CEO

    2 people found this helpful  

    Amazing opportunities but sacrifice your life

    Associate Consultant (Current Employee) Florham Park, NJ

    ProsIncredible training opportunities, wide-based exposure, best-of-the-best respect/efficiency/thinking, ability to be around very smart and driven people constantly trying to improve, exposure to best in new thinking on a variety of topics, access to reams of data and past analysis which lets you very quickly jump into something, access to experts with diverse and deep experience on almost every topic, will make you an amazing strategic thinker who can consider almost every possible nook and cranny

    ConsWork-life balance is terrible, sometimes they feel the need to do every single possible analysis when it's just not necessary (time wasting), not common to be told "good job" so you must get used to always killing yourself and always being stressed with little return except for the resume and potential promotion

    Advice to Senior ManagementPartners often push for more analyses than necessary, very hard to maintain relationships with constant new staffing (partners need to try to maintain relationships better), place could become a bit more "human" for example people greeting each other in the hallway

    Yes, I would recommend this company to a friend

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    • No Opinion of CEO

     

    Great job for fresh graduates

    Business Analyst (Current Employee)

    ProsBrand name
    Exposure to senior clients at a very young age (esp for fresh graduates)
    Work with bright people

    ConsInstability in terms of staffing assignments
    Frequent travel
    Some partners may not define scope of project well

    Advice to Senior ManagementEnsure clearly defined scope of project before committing
    Give sufficient ramp-up time to newbies (e.g. may want to confirm staffing earlier)

    No, I would not recommend this company to a friend

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    5 people found this helpful  

    Go for the experience not the content

    Engagement Manager (Former Employee) Washington, DC

    ProsIt's a credential - no better way to brand yourself as capable out of business school

    Diversity of opportunities - you can dabble for a few years consequence free

    Low-risk way of getting access to senior management at you clients so you can take industries and companies for a test drive

    Good way to catapult your way to an entry point in a non-consulting job

    ConsNo skin in the game - it's all recommendations and zero follow-through - not sure you really learn how to manage anything

    Too academic and theoretical - not sure half the people at McKinsey could manage anything

    Limited entrepreneurship, and zero sales experience - in fact talking about selling frowned upon

    Advice to Senior ManagementHire more industry experienced experts who actually know something about line management

    Yes, I would recommend this company to a friend

    • Work/Life Balance
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    • Approves of CEO

    3 people found this helpful  

    SBA review of McK

    Senior Business Analyst (Current Employee)

    ProsExposure to top managers at the world's leading companies, high levels of responsibility from day 1, great co-workers

    ConsHours can be long, pressure to join projects you aren't interested in, can be very political

    Advice to Senior ManagementBe more transparent with BAs and associates on the current state of the firm

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
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    • Career Opportunities
    • No Opinion of CEO

    2 people found this helpful  

    Good Launchpad

    Business Analyst (Former Employee) Boston, MA

    ProsMcKinsey has a great brand name, great for resume building, and will open a lot of doors while you get to learn a lot helping some top tier companies out

    ConsThe primary downside is that relative to what you can make in banking or finance (pre-2008 meltdown) you don't get paid very well. The other downsides are that you sometimes do a lot of work and at the end of the day the client can end up ignoring your recommendations all-together. You rarely get to see anything concrete happen. Also, what you're doing is often ambiguous and feels very fluffy - some people are ok with this, I was not though.

    Advice to Senior ManagementSenior management plays no role in your life there as everything is project based.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great learning and advancement opportunity; challenging life style

    Engagement Manager (Former Employee) Atlanta, GA

    ProsSteep learning curve, rapid career advancement - expect to be promoted and have sizable compensation increase every two years, exposure to top management, bright colleagues, opportunity of international career, reputation. Compensation and benefits are definitely above industry average, but in my view in line with the expected life style (see below)

    ConsConstant up or out pressure adds a lot of stress to the job. Work life balance very challenging - in some offices one is expected to be out of town at least 4 days a week; very long working hours and more often than so work on the weekends.

    Advice to Senior ManagementMore actionable feedback

    Yes, I would recommend this company to a friend

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