McKinsey & Company Reviews | Glassdoor

McKinsey & Company Reviews

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Pros
  • challenging work, steep learning curve, best first job ever (in 73 reviews)

  • work with a ton of smart people and very good office culture (in 143 reviews)

Cons
More Pros and Cons

  1. Helpful (6)

    "Fantastic opportunity to broaden your career options"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Approves of CEO

    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 Management

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


  2. Helpful (3)

    "Still a great company."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Approves of CEO

    Pros

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

    Cons

    - long hours
    - crazy hours

    Advice to Management

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


  3. Helpful (5)

    "Highly intellectually stimulating & rewarding but not sustainable for family life"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Engagement Manager in Jersey City, NJ
    Current Employee - Engagement Manager in Jersey City, NJ
    Recommends
    Approves of CEO

    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 Management

    Genuinely reach out and care for your teams


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  5. Helpful (1)

    "Great Learning -- Great People"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Engagement Manager in San Francisco, CA
    Former Employee - Engagement Manager in San Francisco, CA
    Recommends
    Approves of CEO

    Pros

    - Great projects: Assoiates drive the problem-solving, which means they get more experience faster than other firms
    - Senior level exposure
    - Lots of feedback, so you will learn
    - Great knowledge management system - a goldmine of information
    - Strong alumni network, which will help for years to come

    Cons

    - "Client, Firm, You" ... in that order (i.e., you come last) :-)
    - Work-life balance is non-existent
    - Takes longer to become partner, and make the big money, than you might expect

    Advice to Management

    Continue to innovate to stay desirable and relevant to the top talent that make the Firm great.


  6. Helpful (1)

    "Great place to grow and learn the industry"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Research Analyst in New York, NY
    Former Employee - Research Analyst in New York, NY
    Recommends
    No opinion of CEO

    Pros

    Challenging work environment where you're surrounded by smart, motivated people and working on issues that are redefining companies and industries. As a research analyst, you get to see how different companies are facing similar challenges. You get a unique perspective on the industry.

    Cons

    The company has an always-on, type-A culture. The line between work and life is blurred because for many of your colleagues, they are one and the same thing.


  7. Helpful (9)

    "Exciting, hard work, intelligent colleagues, and 24/7 attachment to your Blackberry"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Waltham, MA
    Current Employee - Anonymous Employee in Waltham, MA
    No opinion of CEO

    Pros

    Exposure to working on the most pressing concerns of the world's largest companies, brilliant colleagues, and a world class professional development program make McKinsey an interesting place to work. There is always opportunity to explore a topic that you are interested in, and intrapreneurship is encouraged.

    Cons

    Prepare to disappear for a few years, the hours are long. Work is fast paced and always urgent. Brilliant people can be nasty to each other as they strive to get work done on a tight deadline and to advance their careers.


  8. Helpful (1)

    "intense but friendly"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Los Angeles, CA
    Current Employee - Anonymous Employee in Los Angeles, CA
    Recommends
    Approves of CEO

    Pros

    work on challenging projects with amazing people
    huge amount of variety
    great training programs
    rapid growth
    great benefits and perks

    Cons

    very demanding of time
    constantly feeling stretched


  9. Helpful (8)

    "Great learning experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate in New York, NY
    Former Employee - Senior Associate in New York, NY
    No opinion of CEO

    Pros

    Amazingly smart, capable co-workers
    Intense focus on delivering results
    Culture of cooperation and helping each other succeed
    Opportunity to gain experience very quickly in many areas

    Cons

    Real focus of the firm is on building relationships with clients and selling more projects
    Most projects are on very un-inspiring problems like setting prices or managing call centers
    Generally don't feel like you're making the world a better place, and sometimes are finding profitable ways to make it worse

    Advice to Management

    Drive for expansion and growth has led to taking on more and more projects, and developing relationships with more and more clients. This means less ability to pick and choose the opportunities where the firm can make an important contribution. Consider more focus, and less growth


  10. "Amazing learning, very intense, often unproductive work"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Approves of CEO

    Pros

    Most pure form of meritocracy
    Tremendous learning curve
    Wide range of opportunities
    Wealth of resources
    Great benefits package
    Pretty good salary (though not for the hours)

    Cons

    Too intense
    Really poor lifestyle, often driven by travel/work that isn't necessary
    Clients often not capable of executing the strategies we give them, so less fulfilling

    Advice to Management

    Treat people more like people and less like workhorses


  11. Helpful (1)

    "Great"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate in Chicago, IL
    Former Employee - Senior Associate in Chicago, IL
    Recommends
    No opinion of CEO

    Pros

    Trajectory, Salary and professional development

    Cons

    Lifestyle, Travel, long work weeks

    Advice to Management

    Focus on lifestyle