McKinsey & Company
4.1 of 5 891 reviews
www.mckinsey.com New York, NY 5000+ Employees

McKinsey & Company Reviews

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

53 Employee Reviews
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Review Highlights

Pros:
  • "Very smart people to bounce thought off and get new angles that you haven't thought of"
    in 63 reviews
  • "Great first job out of college or grad school to learn a lot very quickly"
    in 23 reviews
Cons:
  • "You have to have a lot of self discipline to keep work life balance reasonable"
    in 150 reviews
  • "Very long hours and continual expectation of over-performance"
    in 156 reviews
  • Show more review highlights

Reviews

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    2 people found this helpful  

    the best place to be fresh out of college

    Business Analyst (Former Employee)
    Waltham, MA

    Prosterrific place to be. Pays, reputation, learning curve, supportive environment. One of the best names to have on your resume. Train you to become excellent problem solver with structured and efficient approach.

    Conshours are pretty bad. Plus if you have a family, it's even worse. Most of the time, you put a lot of efforts into the work, but it goes underappreciated.

    R&I people may be regarded as second-class citizens, which is in a way discriminating.

    Advice to Senior ManagementPay more attention to individual's personal development.

    Yes, I would recommend this company to a friend

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    1 person found this helpful  

    A gret firm

    Associate (Current Employee)

    ProsNetworking opportunities, broad management experience, company reputation, professional growth, recognition, career opportunities. I may be able to start my own business leveraging the experience gained in this company. The network of alumni can make easier capital raising and a reputational adavantages. In a difficult economic downturn is one of the best places to be

    ConsExtensive travelling, work life balance. It is difficult to build your life in a single city as you may be posted for 6 months in a different continent. In a difficult economic enviroment most of the opportunities are in countries really far away, and the amount spent abroad is a bit overwhelming.

    Advice to Senior ManagementReduce the unecessary travel

    Yes, I would recommend this company to a friend

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    Great if you are willing to sacrifice life to career.

    Business Analyst (Current Employee)

    ProsGreat compensation. Very smart people. Famnous firm. I am adding some text because you want a minimum of words, but I have headlined what I want to say.

    ConsWork hours are too long. No quality of life. At some point, you want o stop simply developing insights and you want to implement something.

    Advice to Senior ManagementBe less stressed.

    Yes, I would recommend this company to a friend

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    14 people found this helpful  

    great resume builder...for a price

    Associate (Current Employee)
    San Francisco, CA

    ProsGreat brand/pedigree - nuff said
    Lots of choice - geographic, industry sector, functional area; opportunity to try thing you never have before

    ConsThe subject matter - companies rarely if ever (almost by definition) outsource their core competencies to outsiders, so don't expect to work on product strategy at a product-driven company, for example -- and there is too much unfulfilling HR and IT-related work to go around
    The work itself - it is ALL about the slides. If you don't relish making PowerPoint slides for most of your waking hours, most of which will end up never seeing the light of day, then this might not be the place for you. I felt the interview process emphasized intelligence and the job itself emphasized graphic design/layout skills
    The hierarchy - any company that is truly non-hierarchical doesn't need and official written corporate policy touting it
    Lifestyle - don't expect a life outside of work
    Chance - early assignments can be somewhat arbitrary, so extra initiative is needed on your part to ensure you're working on the type of stuff you want to and with the people you like (and choosing people you fit with early on is very important)
    Drive to specialize - the earlier you specialize, especially with respect to a client, the faster you will advance although you won't get to "see the world" as much

    Advice to Senior ManagementEmphasize thinking, originality, and creativity over pretty slides and senior management 'hypotheses'

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    3 people found this helpful  

    An incredible place for self-development with smart people, challenging work and a gold-plated name on your resume.

    Associate (Current Employee)
    Boston, MA

    ProsPeople are crazy-smart and motivated. You will learn more than you could possibly imagine about leadership at the very highest levels in corporations. The firm is extremely values-based -- if you believe in what the Firm stands for (delivering exceptional value, coaching and mentoring, clients needs are highest needs), you will likely have a great fit here. Firm is extremely open about helping people to use their tenure as a jumping point to the next opportunity. There are no "B" players here. If you seek a position of leadership in any large or small corporation, McKinsey is unparalleled as a place to learn and develop yourself.

    ConsYou will work extremely hard, and the expectation is that the needs of the client come above any other obligation. The Firm is excellent at giving constructive feedback, but you will rarely get a pat on the back for a job well done. The corporate culture is extremely strong and values driven, however sometimes feels like a cult with endless acronyms and a very crisp, meritocratic style of feedback. Also, while the firm is truly committed to non-hierarchial problem solving (you can argue with a Partner and not get dinged for it), the Firm is unquestionably a very strong hierarchy and this can be a challenge to deal with.

    Advice to Senior ManagementPush harder to adopt new work practices such as the flexible engagement model.

    Yes, I would recommend this company to a friend

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    1 person found this helpful  

    Great place to get a start

    Engagement Manager (Former Employee)
    Palo Alto, CA

    ProsTop notch people: some of the smartest people I've worked with and very down to earth. The external view is that McK folks are arrogant but that is not at all the case
    Interesting work: You work with the top companies, with the top management on the most important issues. The economics of an engagement dictate this. This makes for very interesting work but also makes it a very demanding job

    ConsLong hours, travel can add on to the number of hours and staying away from family takes a toll on you

    Advice to Senior ManagementCommunicate.. communicate communicate

    Yes, I would recommend this company to a friend

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    McKinsey is the best place to work

    Associate (Current Employee)
    Florham Park, NJ

    ProsImpact-- The impact of the work done by the firm is tremendous from turning around poorly performing businesses to developing strategies for new situations.
    Broad mix of industries and geographies--Many fortune 500 companies, mid-size companies, governments, public organizations
    The people-- really smart, motivated and collaborative,
     meritocratic culture-- age and experience is no bar to rise on the job,
    great opportunity to learn about business-- exposure to really senior management at a relatively young age. Where else would you get a chance to understand the makeup of senior leadership and understand the DNA of leading companies
     perks-- trips and events to boost connectivity are fun and really thought out,
    opportunities to learn-- many classes available on professional development-- content, leadership and other. Non-MBA's get a mini-MBA training. There is also a Leadership workshop after finishing a year at the firm.
    entrepreneurial spirit-- one can do whatever one chooses to do, any industry, or functional area.

    ConsLifestyle could get intense for family

    Advice to Senior ManagementNone

    Yes, I would recommend this company to a friend

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    A terrific place to launch any business career

    Business Analyst (Current Employee)
    Chicago, IL

    Pros- A terrific place to start any career in business: learning opportunities are tremendous and you are encouraged to pursue your passions (though be patient when you first start)
    - Exposure to some of the most interesting problems from the most senior perspectives at the largest companies
    - Great environment to learn from some of the most seasoned business minds in just about any industry

    Cons- Managing lifestyle is challenging and work can feel incremental at times despite enormous efforts
    - Staffing opportunities have a high element of luck involved, which naturally can be frustrating at times

    Advice to Senior ManagementSeek opportunities to engage Associates from all levels to discuss opportunities to improve mentorship whenever possible

    Yes, I would recommend this company to a friend

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    2 people found this helpful  

    Would make it harder to complain if you knew what you were getting into.

    Summer Associate (Former Employee)
    Washington, DC

    ProsWill help you get the job of your dreams.

    ConsBut for most people, McKinsey itself is hardly that job. They say you "make your own McKinsey" but it's hard to know what that means and how you go about doing that. You also find that the people who recruit you are not always the people that you end up working with. Even if they are, it's not always for long periods of time.

    Advice to Senior ManagementI think it's a good place to work overall, but the way in which the job function is actually described during the recruiting process needs to be more transparent.

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    Great place to work

    Associate (Current Employee)
    Washington, DC

    Pros*Fascinating work
    *Fun, smart people
    *Always something new coming down the line, hard to get bored
    *So far I've been able to maintain good work/life balance. I'm sure that won't always be true
    *The trainings are amazing. Mini-MBA was one of the best experiences I've ever had, both as a training and soically

    Cons*The level of uncertainty around where you will be and what you will be doing
    *As an experienced hire, it can be difficult to be bottom of the totem pole again
    *The politicking can get old
    *random requirements to get promoted
    *There is a lot of luck involved around whether you are exposed to the right people and right work to get promoted

    Advice to Senior ManagementNone at this time

    Yes, I would recommend this company to a friend

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