Q&A

How much does engagement manager at McKinsey make?

How much does engagement manager at McKinsey make?

McKinsey Engagement Managers in the US may earn up to $250,000 per year in salary, with $175,000 base and $77,000 performance bonus. In other developed countries, the salary fluctuates between $170,000 to $200,000, while in developing nations, the number is roughly $80,000 to $100,000 (profit sharing not included).

What level is an engagement manager at McKinsey?

That is correct, the traditional track at McKinsey from bottom to top is Analyst>Associate>Engagement Manager>Associate Partner>Partner.

Does McKinsey hire engagement managers?

Engagement Managers join our global offices and practices to work in teams and directly with our clients. When you join McKinsey as an Engagement Manager, you are joining a firm that will challenge you and invest heavily in your professional development.

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What is the starting salary at McKinsey?

As of 2020, the Mckinsey salary of an entry-level consultant (Analyst) ranges from $108,000 to $116,000 per annum. This salary progression and other benefits are why Mckinsey’s salary has become a topic of discussion in the consulting world.

What is the hierarchy in McKinsey?

MBB: McKinsey, Boston Consulting Group, Bain

McKinsey Bain
MBA Associate Consultant
Intermediate (2-4 years) Junior associate Senior associate consultant
Senior (4-6 years) Associate Consultant
Middle management Engagement manager Case team leader

What is an engagement manager at McKinsey?

Engagement managers are responsible for the onsite operations of a client engagement. They work closely with clients and McKinsey leaders, guide and mentor associates and business analysts and structure the workstreams and deliverables. Partners oversee multiple engagements for multiple clients at a time.

What does a engagement manager do?

Engagement managers play a crucial role in building strong and lasting relationships with clients. They typically manage a portfolio of complex accounts and serve as the point of contact for these accounts. They also assist clients with ongoing projects and help them address issues and problems.

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What does an engagement manager do at McKinsey?

Thanks for the A2A. Engagement Managers are responsible for leading the on ground execution of an engagement. They typically lead teams of 3–4 consultants to solve the ‘problem’, manage senior client relationships and bring the best of McKinsey to the client.

What is the job of an engagement manager?

Working as an engagement manager is a career that involves perpetually communicating with clients. These individuals are responsible for finding client needs and delivering the product or services to meet those needs.

What is a senior advisor at McKinsey?

, works at McKinsey & Company. Senior Advisors are typically former senior excutives at prominent organizations and are widely regarded as industry leaders in their respective fields. Consultants may call upon them for guidance on specific topics or to lead discussions with clients on their area of expertise.