McKinsey & Company Reviews in New York City, NY | Glassdoor

McKinsey & Company New York City Reviews

Updated September 15, 2017
251 reviews

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New York City, NY Area

4.4
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251 Employee Reviews

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  1. "Great place to learn"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in New York, NY
    Former Employee - Business Analyst in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at McKinsey & Company full-time (More than a year)

    Pros

    Great place to learn at, they place a lot of emphasis on personal development and most managers stay true to that. Interesting work, in general, and very qualified people.

    Cons

    Some projects (or client engagements) are not great. There can be bad work/life balance (although I did not experience that), managers and clients who expect too much.

    Advice to Management

    Call out the rude partners. They make for very bad experiences for entire teams. The firm realizes that the people are the biggest source of differentiation, and working with rude senior people deters them.


  2. Helpful (2)

    "McKinsey New York office (NYO)"

    StarStarStarStarStar
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at McKinsey & Company full-time (More than a year)

    Pros

    + Many opportunities across industries (mainly healthcare and banking) and functions (strategy & "finance", CCAR around Q4, some org, some marketing and sales)
    + Biggest office in the U.S. with lots of senior people (senior partners, partners) which can give you great exposure
    + Prestige - easy to move to other office/location if you start in NYO

    Cons

    - Extremely intense and competitive staffing process. Feels like an interview every time you are up for staffing. Absolutely prioritize people when you pick your studies (v. prioritizing location, function, client.
    - Hard to find supporters and sponsors who can really mentor you and guide you through your career. Think of it as "tribes," where you have to find "your people" - i.e., colleagues 1-3 layers above you who support you and then you have to purposely get re-staffed with the same group of people
    - Not forgiving at all. "You are as good as your last study" It takes 2-3 studies to recover a bad one, and you may never be able to recover if you get on a downward spiral. The inherent problem with consulting is that the evaluation process is very subjective. I can show a powerpoint deck to 5 partners and get completely different reactions. As such, relationships and "aligning" with your partners' agendas is extremely important.

  3. "A unique tech-consulting internship experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Summer Digital Analyst in New York, NY
    Former Intern - Summer Digital Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at McKinsey & Company as an intern (Less than a year)

    Pros

    Interned at McKinsey Digital Labs (MDL), a growing organization within McKinsey & Company. Being a summer at MDL is an incredible experience for students coming from technical backgrounds. It introduces students to the consulting world, which is generally vastly differently from traditional tech roles, while allowing them to utilize their technical skills.

    The summer included:
    - Weekly travel to client sites
    - Team events during the week, and intern events on the weekends
    - Interesting and (generally) impactful work
    - An incredible conference for all McKinsey interns

    Cons

    However:

    - If you are someone who doesn't like travel, consulting is not for you
    - Unlike most competitive tech internships, there was no provided housing or housing stipend!


  4. "Great Company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Engagement Manager in New York, NY
    Current Employee - Engagement Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Many learning and growth opportunities, very smart people to work with, possibility to work in many industries and functions

    Cons

    Lots of travel involved in the job, long hours making lifestyle not sustainable over the long term.


  5. "Manager"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook

    I worked at McKinsey & Company full-time

    Pros

    Very smart people to work with of varying backgrounds and the firm has a global reach and influence with c suite executives

    Cons

    Competitive work environment with a lot of travel; it's fun the first few years but begins to wear on you after the first couple of years

    Advice to Management

    Consider further diversifying talent by not relying too heavily on recruiting from the MBA crowd or those who derive from the Ivy League


  6. "Solutions General Manager (Band 4, AP equivalent)"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Solution General Manager in New York, NY
    Current Employee - Solution General Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    You can truly carve your own path in this firm--traditional or not.

    Cons

    Depending on who you work with and which geography, which client, you may be in for an uncontrollable time-sucking life style. But you can pick people you love and things you are passionate about to energize yourself.

    Advice to Management

    Stop pretending this is a non-hierarchical institution. Honesty is better than fairytales.


  7. "Great company to learn and boost your career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Engagement Manager in New York, NY
    Current Employee - Engagement Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great people and culture
    Strong mentorship culture
    Fast career track and meritocracy

    Cons

    Inherently stressful job
    Lots of travel potentially involved
    Depending on the projects, can be pretty long hours

    Advice to Management

    Keep it up and continue to promote better and sustainable lifestyle

  8. "Investment Data Analyst"

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

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

    Pros

    Very good employee benefits (health insurance + 401K)

    Cons

    Long hours from 9-7. No early dismissal on days before a holiday.


  9. Helpful (1)

    "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at McKinsey & Company full-time (Less than a year)

    Pros

    Exposure to corporate world board room

    Cons

    Many late nights and travel is unsustainable - only gets worse with tenure

    Advice to Management

    n/a


  10. "Associate Partner"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Partner in New York, NY
    Current Employee - Associate Partner in New York, NY
    Recommends
    Positive Outlook

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

    Pros

    great learning experience: analytical and problem solving skills, strategic management, executive level communication
    exposure to top leadership in big companies
    challenging
    great people

    Cons

    heavy workload, starts being very competitive once you make Associate Partner
    Services therefore very dependent on clients' health and willingness to contract new projects
    disconnected from real business impact, very internally focused

    Advice to Management

    Put more efforts in helping and guiding new Associate Partners on the right path, really make it easier for working mothers (not just saying things but taking action), care more about people


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