Profiles of a dozen of the most recent MBA hires by McKinsey & Co., the prestigious global consulting firm. I joking called this the "I'm 22 years old going on 40 years old" persona. 3) Undergrad Science Majors - Tended to be good analytically, not always so in client skills--especially having the skills to manage / interact with someone 2 and 3 times your age. with First Class Honors in Biological Science. This isn’t a first date—it’s part of a hiring process. recruiting, Email me about your job offer at: If gross margins used to be 60% last year, and this year they're sorta, kind of, in the ballpark of 15% - 25%, we can confidently say now margins "stink". But, the linear / analytical thinkers make the kind of consultants that clients don't mind paying for. Reinvent your business. Many advanced professional degree candidates join us as an associate or junior associate consultants (positions vary based on office and experience). They have also done very well in policy institutions, such us the Bank of England, Federal Reserve Banks, EBRD, IFS, McKinsey, RAND Corporation and the World Bank. Detailed PhD Salaries for McKinsey & Company, Inc. McKinsey Quarterly. mckinsey, Hope this gives you some insight into all of this. View Yick Chong Lam, PhD’S profile on LinkedIn, the world's largest professional community. Also for what it's worth, I'll mention the following. BCG McKinsey PhD Hire. This holds true whether you are pursuing a Bachelor’s Degree, Masters Degree, JD, MD, or PhD. Anyway, I noticed you mentioned interviewing APD (applicants with PhD degrees) aspirants a number of times. Our flagship business publication has been defining and informing the senior-management agenda since 1964. Undertaking the UCL Economics doctorate programme affords students excellent networking opportunities from the outset, and outstanding employment options upon completion. Recently, McKinsey has expanded its outreach to more schools around the world. Visit. First, it’s important to think about which stage of the recruiting process GPA matters in. For example, nearly all the PhD holder applicants I saw, interviewed, worked with came out of the hard sciences - math, physics, engineering, science, etc...  Needless to say these men and women we're pretty good a math (certainly more skilled than me). 2. APD candidates are PhDs, Postdocs, JDs and non-MBA Masters students finishing programs in 2021 (with at least 4 years in between the completion of your undergrad degree and graduate degree) and medical students, interns, residents or fellows finishing programs in 2021 or 2022. management consulting, When I entered McKinsey post under grad, the firm hired about 100 people in my hiring "class" for the business analyst position. See what employees say it's like to work at McKinsey & Company. Words like "sorta", "kinda", "in the ballpark" drive a lot of PhD people absolutely insane... they can't stand it. Employability . GPA: 3.96/4.00 May 2014 Minor in Entrepreneurship University of Melbourne . This series of digital courses is designed to mold high-performing general managers. #1, it’s easy – they’ve set up a recruiting system that’s super efficient for them, targeting the best schools, and #2, the success ratio from target MBA programs is higher, meaning they have to spend less time and money on finding candidates they want. phd, research, grades, etc largely irrelevant. Our mission is to help leaders in multiple sectors develop a deeper understanding of the global economy. GPA should be more in range for consulting than Medicine (~3.7) Last edited: Mar 18, 2013. I am doing PhD (Computer Science) in the US (at a mediocre school) and most of my cohorts (not most, actually all of them) have a very decent GPA (like 3.9+ out of 4.0), even couple of them have perfect 4.0/4.0 and a very few of them are publishing pretty much good level of research works. Advanced Professional Degree candidates are currently finishing programs in December 2020 or 2021. Also for what it's worth, I'll mention the following. In my opinion, we probably had a maturity level that was beyond our biological age (22 years - 23 years old). Discuss the implications of these developments with our consultants and apply your knowledge live when advising a start-up. Check out our Privacy Policy below for details on how we protect and manage your submitted data. MBA grads from Stanford, Kellogg, Darden, Haas, London and INSEAD explain why they chose McKinsey and offer advice to students interviewing with the firm for jobs and internships . ), 4) being comfortable with the utter lack of precision that comes with consultant. Consulting firms love to see evidence of achievement, from a high GPA, to high test scores, to expertise in various quant and business-related fields. APD candidates may also consider applying for an associate or business analyst internship position depending on degree or work experience, usually for the summer prior to their penultimate year of their program; timing of internships can vary based on your academic schedule. Bain Salary. McKinsey has different deadlines for submitting applications for different education levels. Incidentally, I remember one conversation I had with the person in charge of under grad recruiting who did an analysis of applicants hired 3 years earlier... and did a regression (literal or eyeballed) of their key consulting resume attributes vs. whether or not they progressed years later within the firm. I have one publication at the moment, which is in a journal on discrete mathematics with the topic being graph theory, and I have a second-authored paper that is projected to appear in a top ML/NLP conference … -McKinsey Resume Tip 2: Don’t be shy about your quantitative accomplishments! Having a GPA of 3.5 or better means that a human being is likely to look at your application, but that’s all your GPA is good for. As an example, I had one client who was exactly 3 times older than me. However, let me add some insider comments that's NOT typically discussed publicly--not for any particular reason. Two years later, 10 were promoted to Associate directly without the firm encouraging other work experience or an MBA. associate, You need to be VHRM (harvard, mit) or school with good brand name (stanford, chicago, yale princeton) and well spoken, well put together. Re-applying to BCG and McKinsey - PhD applicant. If you fall into that non-target school bucket, your focus should be on three things to land a McKinsey offer. If you hold a bachelor's degree and have at least four years of work experience or completed or expect to complete your master's program four years from the time you received your bachelor's degree, you will join as an associate. With thousands of consultants worldwide and an average tenure of ~2.5 years, it doesn't take a PhD in Math to realize McKinsey needs to recruit many people each year. Dive with us in an exciting, real case of a German start-up. 35:50. As a consultant, it doesn't matter if gross margins are precisely 17.279%. My understanding is that the APD program at McKinsey considers ALL graduate degrees besides the MBA. So the gist was undergrads with near-perfect math scores, 3.5 GPA (slightly above average, but by no means perfect), and leadership roles tended to do well. One class sent 55 to McKinsey, 29 to BCG, and 35 to Bain, according to another post on an online forum. you just need to have the "it" factor 6 months ago # QUOTE 6 Good 0 No Good! GMAT 690, GPA 2.9. Either you demand precision, or being approximately right is good enough. What’s a minimum PhD gpa for consulting they could care less about GPA in your phd program. Unfortunately that was a rough time in my life and although I finished in 4 years my GPA was pretty bad (2.9). So if you are a particle physicist, medical doctor or ethnobiologist, it will be fine, provided you fulfill the criteria above. Question: I just finished an executive MBA at XXXXXXX (An Ivey League business school). Harvard | Ms. Any content sent to CaseInterview.com, including all comments, messages, and contest entries become the property of Fast Forward Media, Inc. and can be used as needed. In the 1960s, McKinsey's Fred Gluck—along with … tab. ... Would graduate on time and start working immediately. Engagement Managers typically earn $250,000, while Partners/Directors can earn up … I am Geronimo, a recent MBA grad from Carnegie Mellon – Tepper School of Business, one of the best bschools for consultant jobs.Before coming to Business school, I worked as a Software Engineer for 3 years at a product development firm. What does McKinsey look for specifically in APDs vs. MBA candidates? How to become a management consultant at McKinsey, BCG, Bain by Geronimo. Press enter to select and open the results on a new page. Jul 27, 2004 3,084 274 Check this McKinsey page for when yours should be in, and whether there’s a McKinsey event on your campus. For example, if you're an English PhD (not normally favored by the McKinsey recruiting process) from Oxford, but undergrad you went to Harvard had a 4.0 GPA in Chemistry, that would be considered favorable. Salaries, reviews, and more - all posted by employees working at McKinsey & Company. This estimate is based upon 250 McKinsey & Company Associate salary report(s) provided by employees or estimated based upon statistical methods. apd, Our mission is to help leaders in multiple sectors develop a deeper understanding of the global economy. The event enables you to get to know our way of working and the people behind McKinsey in a personal atmosphere and to gain insights into our everyday work. I am not sure which route I must follow for McKinsey application: APD or MBA? You’re making it easy for recruiters. Manage To Convince Them . Engagement Managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000. “McKinsey 4.0” gives you the opportunity to learn more about how new technologies and innovations are transforming entire industries. Share 00:00. A few general observations, which I suspect are still relevant: 1) High or perfect Math scores on SAT / standardized tests was a fairly good predictor of analytical skills, 2) No difference in performance between those who had a 3.5 GPA vs. 4.0 GPA (for example, my undergrad GPA was around a 3.5 GPA, and I did pretty well at McKinsey. 15+ Year Member. En 2007, seize CEO d'entreprises mondiales cotées à plus de 2 milliards de dollars étaient des anciens de McKinsey & Company, classant l'entreprise comme la plus fertile en futurs CEOs (classement USA Today 20085). Are you interested? One of the big things I've noticed is that people from different education backgrounds tend to have different strength/weakness combinations. About average. BCG Salary. I have a recent PhD in the sciences and am interested in transitioning away from the lab and into management consulting. our use of cookies, and En 2018, McKinsey a été classé à la première position du classement Vault3 des cinquante meilleurs cabinets de conseil mondiaux, et a été jugé l'employeur post-MBA le plus attrayant par les diplômés des dix programmes MBA les plus sélectifs4. Our roles include generalist consulting; practice consulting, focused on a specific function or industry (e.g., digital, implementation, operations); and technical roles within McKinsey’s product and solution development team (e.g., data science, data engineering, software engineering, and digital strategy & delivery). Thanks for taking the time and effort to set up these resources for aspiring consultants! Also my GMAT and GPA are not “McKinsey 4.0” gives you the opportunity to learn more about how new technologies and innovations are transforming entire industries. Graduate Researcher 2015 – Present When I entered McKinsey post under grad, the firm hired about 100 people in my hiring "class" for the business analyst position. Is it systematic, numbers driven (balanced by common sense), analytical, highly structured. Expert Hint: Coming out of a college program, MBA, or PhD? The associate application deadline is July 12, 2020. Taurus Paul Revere of Medicine. Next: Where do You See Yourself in 5 Years? -McKinsey Resume Tip 2: Don’t be shy about your quantitative accomplishments! victor ( at ) caseinterview.com. Play Video “I didn’t know where to find case books, that was how lost I was.” Carolyn, McKinsey, Junior. The average total compensation for the Associate position at McKinsey & Company, Inc. for people with an PhD degree is $226,400. I understand that they are one of the most in demand employers but I have a perfect GPA from a good university and speak a second language. 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