McKinsey & Company Reviews in United States | Glassdoor

McKinsey & Company US Reviews

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  1. Helpful (1)

    "Fast paced environment with steep learning curve"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in San Francisco, CA
    Current Employee - Associate in San Francisco, CA
    Recommends
    Approves of CEO

    Pros

    Great place to work to round out and refine an MBA toolkit. Incredible access to coaching and training. Significant responsibilities in leading companies in a very short period of time. Brand has real cache...

    Cons

    Not as much choice over the type of work you want to do as advertised. Once you have a few projects in a given industry/function it can become hard to switch to something you really want to do.

    Advice to Management

    Put a larger emphasis on people leadership when promoting. We lose too many people who start to feel like numbers.


  2. Helpful (9)

    "Working at McKinsey is a bit like being manic depressive - the highs are phenomenal but the lows are awful"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Principal in Atlanta, GA
    Current Employee - Associate Principal in Atlanta, GA
    No opinion of CEO

    Pros

    Professional development is outstanding - both formal training courses and the on-the-job type learning you get from your teams. The people you work with are very smart and motivated and you can depend on them. You get to work on companies' biggest issues and have incredible access to people at all levels. When it is good - there is nothing better.

    Cons

    The lifestyle is pretty awful and as you progress upwards, it becomes harder and harder to do anything apart from work. The review process is brutal. You will come across team leaders (from engagement managers up through partners/directors) who are pretty crap at the people stuff - eg., respecting lifestyle, motivating and developing people.

    Advice to Management

    Ensure consistency across offices, practices and countries in the review process.

  3. Helpful (2)

    "Great people, training ground and fantastic network"

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

    Pros

    - Fantastic on-the-job and dedicated off-site training (focus on soft skills and problem-solving process)
    - Genuinely nice people to work with
    - Exposure to to Fortune 500 clients and most important strategic issues
    - Well-maintained and powerful alumni network
    - Useful brand name on your resume, opens doors in most business sectors

    Cons

    - Work/life balance can be hard to sustain
    - Travel internationally can limit time in home office
    - Types of projects not always ideal to consultant's career path (e.g. Healthcare projects are popular in 2009 though Financial Services aligned consultants may not want to be in that sector)

    Advice to Management

    - Focus more universally on apprenticeship model
    - Maintain meritocratic, team-based culture


  4. Helpful (3)

    "Amazing opportunities but sacrifice your life"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Consultant in Florham Park, NJ
    Current Employee - Associate Consultant in Florham Park, NJ
    Recommends
    Approves of CEO

    Pros

    Incredible training opportunities, wide-based exposure, best-of-the-best respect/efficiency/thinking, ability to be around very smart and driven people constantly trying to improve, exposure to best in new thinking on a variety of topics, access to reams of data and past analysis which lets you very quickly jump into something, access to experts with diverse and deep experience on almost every topic, will make you an amazing strategic thinker who can consider almost every possible nook and cranny

    Cons

    Work-life balance is terrible, sometimes they feel the need to do every single possible analysis when it's just not necessary (time wasting), not common to be told "good job" so you must get used to always killing yourself and always being stressed with little return except for the resume and potential promotion

    Advice to Management

    Partners often push for more analyses than necessary, very hard to maintain relationships with constant new staffing (partners need to try to maintain relationships better), place could become a bit more "human" for example people greeting each other in the hallway


  5. Helpful (3)

    "Good Launchpad"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in Boston, MA
    Former Employee - Business Analyst in Boston, MA
    Recommends
    No opinion of CEO

    Pros

    McKinsey has a great brand name, great for resume building, and will open a lot of doors while you get to learn a lot helping some top tier companies out

    Cons

    The primary downside is that relative to what you can make in banking or finance (pre-2008 meltdown) you don't get paid very well. The other downsides are that you sometimes do a lot of work and at the end of the day the client can end up ignoring your recommendations all-together. You rarely get to see anything concrete happen. Also, what you're doing is often ambiguous and feels very fluffy - some people are ok with this, I was not though.

    Advice to Management

    Senior management plays no role in your life there as everything is project based.


  6. Helpful (2)

    "Tough lifestyle, but great brand name"

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

    Pros

    Incredible network building opportunity at both Mckinsey and the clients. Excellent brand name to put on your resume, which would open many doors post McKinsey career. Access to one of the best knowledge databases in the world and to experts on almost any topic you could think of.

    Cons

    Lifestyle is very tough, which means not only long working hours (65 - 70), but also very intense working environment (lot's of deadlines), travel (3-4 nights away from the office every week), and very political environment (you serve large organizations, which are always infiltrated with politics at all levels). People also vary very much from one to another (some care about your lifestyle, some could not care less how many hours you work).

    Advice to Management

    Improve work life balance


  7. "Great learning and advancement opportunity; challenging life style"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Engagement Manager in Atlanta, GA
    Former Employee - Engagement Manager in Atlanta, GA
    Recommends
    Approves of CEO

    Pros

    Steep learning curve, rapid career advancement - expect to be promoted and have sizable compensation increase every two years, exposure to top management, bright colleagues, opportunity of international career, reputation. Compensation and benefits are definitely above industry average, but in my view in line with the expected life style (see below)

    Cons

    Constant up or out pressure adds a lot of stress to the job. Work life balance very challenging - in some offices one is expected to be out of town at least 4 days a week; very long working hours and more often than so work on the weekends.

    Advice to Management

    More actionable feedback

  8. Helpful (6)

    "Go for the experience not the content"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Engagement Manager in Washington, DC
    Former Employee - Engagement Manager in Washington, DC
    Recommends
    No opinion of CEO

    Pros

    It's a credential - no better way to brand yourself as capable out of business school

    Diversity of opportunities - you can dabble for a few years consequence free

    Low-risk way of getting access to senior management at you clients so you can take industries and companies for a test drive

    Good way to catapult your way to an entry point in a non-consulting job

    Cons

    No skin in the game - it's all recommendations and zero follow-through - not sure you really learn how to manage anything

    Too academic and theoretical - not sure half the people at McKinsey could manage anything

    Limited entrepreneurship, and zero sales experience - in fact talking about selling frowned upon

    Advice to Management

    Hire more industry experienced experts who actually know something about line management


  9. Helpful (3)

    "A world-class organization"

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

    Pros

    Tremendous people organization: it takes care of its people, trains them, gives them leadership opportunities, challenges them. There couldn't be a better place to develop yourself and your career, regardless of what you want to do afterwards. And McKinsey alums are all over the place, doing all sorts of interesting things, which is the proof of the experience's value.

    Cons

    Long hours and travel take their toll on you personally, particularly on family life. And it does not get better as you get more senior - partners work harder than anyone, and travel more than most. Some can handle the sacrifice you have to make, but for others it may be too much

    Advice to Management

    Be careful of diluting the people culture, but I think leadership has a handle on that


  10. Helpful (2)

    "Great Opportunities at McKinsey if you can take a Brutal Lifestyle and Environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Palo Alto, CA
    Current Employee - Associate in Palo Alto, CA
    Approves of CEO

    Pros

    fast paced, interesting work, co-workers of the highest caliber. I think that this is also a remarkable place for professional growth-- the 'sink or swim' method quickly teaches you to focus on garnering the most salient points from client interviews, analyses, and research. Also, the ability to leverage the enormous knowledge network is unparalleled.

    Cons

    brutal hours, intense culture with often arbitrary deadlines. I also think that the travel can really get to people, and while they hype efforts to provide feedback and meaningful mentoring, these efforts often fall short.

    Advice to Management

    Continue the great work, but try to focus on creating a more sustainable lifestyle.


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