McKinsey & Company Reviews

Pros

Access to great people
Interesting work
awesome network of people
great on your resume
amazing benefits package
overall great experience

Cons

Work life was sometimes difficult to manage
It sometimes felt disconnected

Pros

- Impact. What you say and do gets implemented and generates real life impact at the highest levels
- Get to work amazingly bright people.

Cons

- It becomes your life. There is absolutely no work-life balance.
- You do better the more you comply with the prototype. Variety of personalities and characters is not encouraged. An example is the uniform code: Dark suit, white shirt.

Pros

Great place to learn the inner workings of the consulting world.

Cons

Very intellectually demanding work as expected in consulting.

Advice to Senior Management

Keep taking young people under your wing and teaching them the inner workings of this fast paced and great field.

Pros

Opportunity to work on exciting, high impact projects with teams of intelligent and interesting people while having a relatively high compensation.

Cons

Occasional long hours, lots of traveling, intensive work environment, high intellectual demand, frequent 360 reviews (although this can be good or bad)

Advice to Senior Management

Need to create assessment criteria for values during hiring and evaluation of current employees to avoid incidents like Galleon in the future.

Pros

Work life balance is promoted and management wants employees to be happy. If you are a 'favorite' then your life is EASY.

Cons

I do have advice for the investors or clients. Do your own internal investigations at the company, do not depend on what they tell you, most of it is not reality.

Advice to Senior Management

The main problem is Management. Often they have conflicting instructions so no matter what you do, it may not be right ????

Pros

Very strong name.
Great to have on resume (got me a ton of interviews right away)
Junior people are awesome- very helpful.
Great perks (miles, health care, etc).

Cons

Senior people are extremely negative in every sense:
-Got NO positive feedback at ALL for my entire 3 month internship
-All feedback sessions involved them saying "work on your analytics" without providing any real tips on how to do that.
-When I actually did complicated math (Black-Shoaels), none of my senior colleagues even attempted to understand it, and simply told me "its too complicated to use."
-"Coaching" is a myth that they always flaunt, but no one has an incentive to sit down and teach juniors anything, and thus no one does it unless they "feel like it"
-Promotion seems to be based on percieved strengths in previous roles, and has nothing to do with how well that person will do in the new role. Ex: a lot of EM's are simply promoted because they were good at being associates, and actually have NO IDEA that others have a different working style than them, and how to play a good team dynamic.

Advice to Senior Management

Think about ways to motivate younger people. As it stands, the smartest people in the room are ALWAYS the Analysts and Associates, yet the EM's and Partners simply present everything and take credit for it... That is not going to help, especially given the type of competition coming up from BCG and Bain. Also, pay better! there shouldn't be a HUGE pay gap between Mck & BCG/Bain at the Analyst level...

Pros

Fast-paced, impactful & challenging work
Great visibility to clients and senior leadership
Strong brand name & great compensation/benefits

Cons

Lack of mentors within the Firm
Highly stressful work that can be taken very personally if you allow it to
No true role models in a well-rounded sense who are able to balance a great career with happy family life

Advice to Senior Management

Genuinely reach out and care for your teams

Pros

- challenging assignments
- work that makes an impact
- great benefits

Cons

- long hours
- crazy hours

Advice to Senior Management

- hours are crazy but senior management also lives it and leads by example - that means a lot

Pros

Good training for young entrants.
Solid reputation and top tier image.
Good post career for mid level consultants.
Excellent net work

Cons

Work life.
Weak leadership, academic and theoretical with no practical experience.
Need more charismatic leaders.
Too homogeneous culture

Advice to Senior Management

Should accept more diversity of cultures.

Pros

growth is good
opportunities are sometimes pretty good
learning is amazing

Cons

working hours
office politics
no family life

Advice to Senior Management

Take care of your people's work life balance and for gods sake, introduce a quality and necessity control of projects we do. Some really done create any value