McKinsey & Company

  www.mckinsey.com
  www.mckinsey.com

McKinsey & Company Reviews

Updated December 24, 2014
Updated December 24, 2014
1,036 Reviews
4.2
1,036 Reviews
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McKinsey & Company Managing Director Dominic Barton
Dominic Barton
586 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

Employee Reviews

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  1.  

    rigorous focus on professional development

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

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

    Pros

    no other organization places as much emphasis on professional development
    really amazing set of people - caring, challenging and whip smart

    Cons

    your experience is highly dependent on which projects / client teams you join - which is largely within your control but not always

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    One of the best companies to work for!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Knowledge Expert in Boston, MA
    Current Employee - Knowledge Expert in Boston, MA

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

    Pros

    Fantastic culture of professional development, curiosity, and client impact. They call it a caring meritocracy, and it is very true (exception below notwithstanding)

    Cons

    McKinsey deals with very large clients and very difficult decisions. What makes it a great company to work for, is also what makes it less dynamic than others. Don't go to McKinsey to be on the bleeding edge. There is also a bit of cast system in place where consultants are the chosen ones, and all others are structurally limited in getting the same opportunities.

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

    Work on the hardest problems in the world with the best people

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

    I worked at McKinsey & Company full-time (more than 5 years)

    Pros

    Best people you'd ever want to meet. Actually would be friends with them outside of work. They are intellectually curious, driven, and intent on success. Many are also fun.

    Cons

    The billing rates are so high that you want to deliver incredible, breakthrough value every day. This can be exhausting for everyone, including the clients, who generally cannot handle the pace or the torrent of information and insights that a McKinsey team produces. Ultimately, a lot of people burn themselves out.

    Advice to ManagementAdvice

    McKinsey has one of the world's best brands. This was built on decades of CEO-level consulting that focused not on tasks, but on wisdom. Gleaned from data and analysis, yes. But a McKinsey team should not be overly TASK focused. It is not a SCRUM, though sometimes the process is being managed that way.

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    Good Company

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

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

    Pros

    Fun place to work - lots of opportunities to grow and to have fun. Challenging work hours

    Cons

    Training could be better and provide more leadership, otherwise, not many bad experiences

    Advice to ManagementAdvice

    None, things are good

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Supportive Teams encourage personal and professional development and success.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Practice Administrator in Saint Petersburg, FL
    Current Employee - Practice Administrator in Saint Petersburg, FL

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

    Pros

    Excellent benefits, pay and growth opportunities

    Cons

    None that I can think of.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Amazing but tiring

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at McKinsey & Company full-time (more than 3 years)

    Pros

    Great company culture
    They value employees

    Cons

    Work life balance is really bad

  8. 1 person found this helpful  

    Too many people trying to climb the ladder

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at McKinsey & Company full-time

    Pros

    Good problems to solve, great exposure to senior clients, fast pace of growth

    Cons

    Pace of growth puts pressure on all involved to push for "optics," rather than necessarily developing real skills or delivering great impact.

    Room for terrible lifestyle - I was on a team that worked 730 AM to 1 AM for 3 months and no one raised an alarm.

    Doesn't Recommend
    Approves of CEO
  9. 1 person found this helpful  

    Rapid learning curve in diverse contexts working with smart people; lifestyle sacrifice is not worth the perks

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    - Learn best-in-class management consulting skills/frameworks
    - Prestige, but only to those who are in/know about the industry
    - Wide exposure to various industries, functions, and senior executive clients
    - Fast-paced working environment

    Cons

    Experience/satisfaction varies highly across individuals, projects that you are staffed on, offices, etc.
    - Lifestyle could be unmanageable if not (able to) choosing projects/people to work with wisely
    - Mentorship/support network experience could be hit or miss (could feel a little "cold/transactional" at times)
    - Project and exit opportunities are much more limiting than advertised

    A hub for insecure over-achievers... (myself included...)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10. 2 people found this helpful  

    Learned a lot, bad culture in emerging country office

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst
    Former Employee - Business Analyst

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

    Pros

    Learned a lot in terms of how to get things done and how to understand businesses
    Met some great friends (among many undesirable colleagues)
    They really know how to push you
    Respected a lot for international governance

    Cons

    The culture at an emerging country office is way less humanistic than is in other offices; reminded me of American Psycho, most people had serious personality issues
    Respected very little for the local governance

    Recommends
    Positive Outlook
    Approves of CEO
  11. 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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