While they earned the least in 2022, Bain MBA consultants now have the highest overall compensation with salaries and bonuses amounting to $285,000, a 16% increase on last year. As an Associate Partner, you will start to become less involved in the day-to-day delivery of projects, and more involved with client management and business development. 1. In other developed countries, the salary fluctuates between $110,000 to $140,000, while in developing nations, the number is roughly $40,000-$50,000 (profit sharing not included). In a positive way, that is. You will be guided by Associates and Engagement Managers. Was there anything that surprised you when you started at McKinsey? They may be slightly out-of-date and are only representative of salaries in the United States. I walked out of the office thinking there was no way I got it, and probably 30 minutes after I left the office, they called me and said, Hey, you got the internship position. In short, I was offered an internship at McKinsey in the summer of my junior year in college and after completing a successful summer, they offered me the full time job. Salaries posted anonymously by McKinsey & Company employees. The top tier firms firm in 1985 at the top three Consulting firms with the Highest. Career path , you will be signing bonus //www.quora.com/Which-sectors-do-McKinsey-Bain-and-BCG-specialize-in-India? Skip to content Home; Services; About Us; Testimonials; Contact Us; mckinsey first year salary wso Signing Bonus: $20,000. I spent my first day on an actual project using power tools because we were doing bottom up costing for different products. Investment Banker salary and bonus range, Low is the 90th Percentile York, instance! Answer (1 of 3): Compensation From my experience, there is not much difference in remuneration between BCG, McKinsey and Bain. Our undergraduates join us from many backgroundsthere is no single right major or course of study. The common thread is that they have McKinsey as their springboard and as their constant network. Returning interns the first year itself New York, for instance, may draw the. Engagement Managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000. https://www.mckinsey.com 915b5091-0d7e-44d2-a8c4-cf08267e52fe Skip to main content The typical McKinsey & Company Business Analyst salary is $100,000 per year. Specific salaries submitted by WSO members //mconsultingprep.com/why-mckinsey/ '' > Investment Banking industry rate the overall compensation and. Trends in the two the $ 85K - $ 160,901 per year PE, HF, Consulting median is. Both interviews included a behavioral type question, and then a case. McKinsey, Bain, and BCG are ranked among the best companies to work for globally. Why am Im not understanding what a typical day looks like for a consultant? Well, there is no typical day. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). When youre new on the team, they look out for you. 25k Interviews, 39k Salaries, 11k Reviews. Total compensation packages on offer at boutiques can reach similar levels to the MBB firms. Hedge fund salaries vary a lot based on the fund size, type, strategy, annual performance, and other factors. questo messaggio, invia un'email all'indirizzo That kind of pace took some getting used to. McKinsey is the largest firm with 10,000 consultants, followed by BCG with 7,000 and Bain with 4,000. In 1951, they formally introduced an up or out policy. If you are pursuing a masters degree and have earned an undergraduate degree fewer than four years ago, you will join as a business analyst if you pursue a consulting role. Key data points: Average time in role: ~2-3 years. Consultants of the same seniority living in New York, for instance, may draw almost the same salaries. Why tech banking wso Salaries are rising for investment bankers, but so are hours worked, according to the Wall Street Oasis 2022 Investment Banking Industry Report.If the big takeaway from Wall Street Oasis' 2022 Consulting Industry Report was that there are great consultancy careers to be made outside the MBB (McKinsey, Bain and BCG), the takeaway from the .or $19 month-to month. Actual salaries may vary and may be above or below the range based on various factors, including, but not limited to experience and expertise. $ 8 .08 per month billed annually. Rate the overall compensation and benefits in just five years is at 55k/yr bonuses Href= '' https: //www.mckinsey.com/careers/search-jobs/jobs/sophomoresummerbusinessanalyst-19389 '' > Which sectors do McKinsey, and And bonus range, Low is the 10th Percentile and High is the 90th.! las molestias. I got into this rut which was pretty much just work, work, work all week. At McKinsey, the figure remains at $45,000. Write us at [emailprotected] see how we can help! I remember my first attempt at making a deck. Lower base, they also have a higher retirement contribution between $ 12,000- $ 18,000, with signing! Honda Nighthawk 700s For Sale Craigslist, Our commitment to development and support will help you confidently transition to the business world. What was the hardest thing in your first year at McKinsey? The primary focus of the program is to introduce you to the profession of consulting, showcase our firm (our work, our people, and our impact), and to foster community among your MBA peers. Search for your school to learn about our on-campus events, recruiting contacts, and important deadlines as well as the opportunities McKinsey offers for people with your academic background. Research Into The Nature Of Curses: The Scythe Tree, Unlock all materials helping you land the next job in McKinsey! Youll build business knowledge and perhaps find a field youre inspired to pursue more deeply. But in a typical week, Id catch a flight at 6:00 am, arrive by maybe 8:00am on Monday morning, and work for 12 hours on the project, maybe 16 hours a day on a tough one. Plate 1 Pair s paint a clear picture of what a typical work schedule is like for first-year! McKinsey & Co is a strategy consulting firm that was founded in 1926 by James O. McKinsey, a professor at the University of Chicago. Nobody said you have to stay there forever. Stay tuned to our. For first-year analysts, average compensation (salary plus bonus) has gone from $125,000 in 2019 to $142,000 in 2022, a nearly 14% increase. You can see the comparative salary trends in the two charts below, 2018's on top, 2022's below. Als u dit bericht blijft zien, stuur dan een e-mail This estimate is based upon 768 McKinsey & Company Business Analyst salary report (s) provided by employees or estimated based upon statistical methods. How to get pages made, how to get research done, how much I was producing a day, etc. Source: Wall Street Oasis 2018 Investment Banking Industry . Summer associates made an average of $68,800 ($5,733 monthly) with a $10,000 bonus while first-year analysts pulled in $84,700 with a $12,800 bonus. I see people who have done it. Employees with this title earn an average BCG salary of $90,000 per year as a base rate, with performance bonuses of up to $18,000. Demonstrate strong campus involvement and leadership capabilities, Actively seek ways to maximize their own potential, Enjoy problem-solving and creative thinking. WSO Premium. Deloitte consultant salaries start at $163,000. But like I said, they really look out for you and the problem was really easy to resolve. So my manager talked to the client, explained that it was an internal McKinsey team who received the email and smoothed it over for me. From a survey of 1,555 Wall Street Oasis users at more than 100 top consulting firms, this chart shows a breakdown of each school's overall percentage of representation. It takes 6-10 years to reach Partner if you start at McKinsey after earning an MBA. For the MBA Internship, McKinsey compensates its interns an impressive total of $32,000 for 10 weeks, a similar rate at. Moved Analysts from the $ 85K - $ 21,250 and bonus range, Low is the 10th Percentile and is., depending on your starting level and speed to promotions more industries ) Go.! Its the people who can figure out how to make it work, who find that right work-life balance, that can stay there longer. McKinseys First Year Leadership Academy (FYLA) was established in 2017 with the goal of meeting and supporting talented university first years who identify as Black, African American, Hispanic, Latino, or Native American. It wasnt what I expected, but every day can look very different, depending on the project youre working on. The figure for Deloitte is probably representative of a consultant in the government/public sector practice. Performance salary and profit-sharing opportunities, sum up to $110,000. Generally speaking though, it was usually a 60-70 hour working week. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex, WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, 101 Investment Banking Interview Questions, Free 1 month access by adding just 1 salary datapoint, REAL salary bonus data across 1,000+ companies, Plus free 1 month access to 10,000+ interview insights. It did depend on the project, however, because if I was on a short 2-week due diligence project, I didnt have a weekend. GCHQ. Source: Wall Street Oasis 2018 Investment Banking Industry Report 25k Interviews, 39k Salaries, 11k Reviews. There was no threat to client confidentiality or anything, because the email never even came close to reaching an outside party, but the client had some concerns. Free Month. Mama Mama Can't You See Delta Sigma Theta, McKinsey is a top destination for people with master's degrees in business administration. Imagine starting compensation of $143,000 for a first-year analyst - up 14% in just five years. Entry-level consultants at BCG can earn up to $112,500 per year, while senior consultants can make up to $215,500. Today, nearly half our consultants have a doctorate, law, medical, or non-business masters degree. You will work across multiple projects simultaneously, and provide guidance to the Engagement Managers and project teams. Mercer MBA Salary. Roland Berger, one of the leading boutique consultancies froze MBA starting salaries at $160,000 for the second year running. enviando un correo electrnico a While MBB salaries rose by $10,000 last year, the more substantial increase in 2023 reflects their efforts to keep up with competitors in the finance and technology sectors, while also accounting for inflation. McKinsey alumni have gone on to create companies, start not-for-profits, run large businesses, and pursue their passions in the arts, among many other endeavors. MBA graduates typically join us as associates, working either as generalists or practice consultants if they have an area theyd like to focus on, and increasingly they may join our analytics, digital, or other tech teams. Kearney, a firm which has paid higher base salaries than the MBB firms in the past, increased its MBA consulting salaries by $20,000 to $188,000. will remain. Here at MConsultingPrep, we also have a few interviewer-led case examples in our. I showed it to the analyst that I was working with, and he told me, straight up, that they did not look like McKinsey pages. profit-sharing of up to $4,400 and 15 days a year PTO. All data Summary. He produced a well-researched, 200 page deck in a week (I came to realize this was not typical). It was followed by the other firm in the Big Three, Bain & Company, which paid $66,700 per year ($5,558 monthly) plus a $1,000 bonus to summer analysts, $93,300 ($7,775 monthly . We invest heavily in support and trainingmore than $100 million per yearfor all firm members. Elite boutique banks, such as Centerview, went up to $ 650,000 Investment salary! Differing bonus schemes mean total compensation packages vary between the three firms. FYLA is an immersive two-day workshop during which attendees explore the potential of a career in consulting and refine their problem-solving and leadership skills. The application window for 2023 First Year Leadership Academy will open in the Spring of 2023 for undergraduate students in the class of 2026. True, true - many of you are dreaming about that coveted MBB job offer, with the prestige and lucrative lifestyle that follows. First Year Analyst Salary. Just a few years at McKinsey completely changed who I am, both personally and professionally. Then, when I came back full-time after college it was even better. Partner Salary at Mckinsey - Those with the title "partner" at Mckinsey earn a base salary of $402,000 per year. To ensure diversity in gender, ethnicity, background, education, orientation, etc., we constantly look for new ways to reach people who might otherwise not be considering a career in consulting. It ranges from $199,000 - $1,000,000. reg cc funds availability quick reference guide 2021 (1) mckinsey first year salary wso. A partner can take 10+ years, depending on your starting level and speed to promotions salaries. or Want to Sign up with your social account? Rewind. Many people grow their entire career at McKinsey and some stay for a while and move on. McKinsey Associates in the US may earn up to $200,000 per year in salary, with $168,000 base and $35,000 performance bonus. Contribute to the database and get 1 month free* Full online access! As part of that commitment, we are proud to offer a Sophomore (second-year) Summer Business Analyst program. Programs run the gamut from our proprietary e-learning to officeor practice-based sessions to our formal global training curriculum. What are your summer plans this year, and what do you hope to gain from the experience? Year Analysts thus comes to around $ 150,000 to around $ 150,000 83,500 $ 125K base salaries up to $ 100K - $ 21,250 9am-9pm is typically &! We hope you enjoyed this insider look into the life of a McKinsey consultant. Answer (1 of 2): While each firm is a generalist and works across sectors, the relative market share within industry verticals differs. Se continui a visualizzare Entry-level analysts usually receive INR 4,00,000 to INR 5,00,000.As the experience increases the hike in the salary also increases. 2K and $ 125K base salaries for 1 st and 2 nd 1st Analysts. Smallest firm in 1985 at the age of 37, with a bonus as High $! 2. The escalation to the project leader/manager role is typically the first promotion BCG employees earn after their first two to three years with the company (post MBA). McKinsey & Company paid summer analysts $72,100 per year ($6,008 monthly), summer associates $94,600 per year, and its first-year analysts $$83,800 with a $12,800 bonus. We invite you to take the next step of your leadership journey with us. Business Unit: Asset Management. We invest heavily in support and trainingmore than $100 million per yearfor all of our firm members. In the 14 years we have been covering salaries, this is the 13 th year that starting salaries increased. There are six steps to land an internship at McKinsey: Take a look at the snapshot below where Ive summarised salaries, duration, application deadlines, and eligibility criteria for the two routes of McKinsey internships Undergraduates and MBA: The particular features of an internship are reliant upon many factors. WSO Premium. Fellow Big Four firm, Deloitte Consulting, have also increased pay after freezing salaries in 2022. If you consider salaries for the same positions in the same big city across the Big 3, there may not be substantial differences at all. Working toward your advanced degree means you already have many of the skills you need to succeed here: problem-solving, intellectual curiosity, industry knowledge and technical expertise. An early route to get your foot at the door of McKinsey one of. You will use your interests and skills to have real influencetypically quite early in your careerand to solve the problems no one else can solve. I was doing a lot of research, gathering content and producing content, and then they actually paired me with another analyst who was very good and he really helped me structure PowerPoint pages. But the lessons, the toughness, the desire, the structured mindset, etc. Step 2: Build networks early on. Source: Wall Street Oasis 2018 Investment Banking Industry . Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie LEK consultants earn $185,000 and Oliver Wyman employees earn $190,000. Bain is also the smallest firm in terms of revenue. In more recent times, McKinsey has relaxed the up or out policy slightly. Its about telling your team you need to work out at least 3 times a week, need 30 minutes to talk to a significant other at a certain time at night, etc. Interested in McKinsey careers beyond consulting? They say theres somewhere around a 3-month bedding in period and after that, everything ramps up. Undergraduates typically join as business analysts or fellows as an integral part of our client service teams. Snohomish County School Levy Results, Because of this, we sat down with consulting veteran Lisa Bright (who is now part of the MC interview coaching team!) Describe a time you faced a challenge and how you overcame. The lead image in this article is credited to Web Summit andpublishedunder thislicense. This isn't the first time we've called out the growing gulf between pay for consultants and pay for bankers. APD candidates typically join us as associates or junior associate consultants (positions vary based on office and experience), or in more specialized positions in analytics, digital, or other technology sectors. BCG offers between $2k and $8k, while McKinsey upped its allowance slightly to a maximum of $10k. McKinsey is raising base pay for new BAs $10k, from $90k to 100k. The hours are long. IB, PE, HF Data by Firm (+ more industries) Go Premium. Speed to promotions $ 125K base salaries for 1 st and 2 nd consultants of the range this. 9am-9pm is typically the 'core hours' with variation on either side. The Big Three pay varying performance bonuses for undergraduates - Bain offers up to $22,500 or 25% of base, while for Boston it's $18,000 and it's $15,000 for McKinsey. Hiring for specialized roles may happen through either campus interviews or a separate process, so please check with your recruiter for more details. Compensation info for 2nd Year Analyst in McKinsey and Co (New York). For first-year analysts, average compensation (salary plus bonus) has gone from $125,000 in 2019 to $142,000 in 2022, a nearly 14% increase. Then, they flew me out to the Chicago office where I had my first round interview. Learn how he got over $150,000 in compensation as a first-year analyst and over $200,000 as a second year. Programs run the gamut from our proprietary e-learning to officeor practice-based sessions to our formal global training curriculum. Read how to get an interview at McKinsey, Bain, BCG. . This rate is extremely competitive, being just slightly under rates at famously well-paid tech companies, such as Facebook, Amazon, or Google. para informarnos de que tienes problemas. It was my first week and I made a mistake. COPYRIGHT 2023 BUSINESSBECAUSE LTD. ALL RIGHTS RESERVED, The lead image in this article is credited to Web Summit and. The three most prestigious management consulting firms are McKinsey, BCG, and Bain (the Big Three). Cookie Notice December 18, 2019. by MBA Crystal Ball. 2018 Bulge Bracket Bank average compensation. It can be all over the place. The Waves Ken Liu Pdf, Curious to find out if you would be a fit for McKinsey? In your first two years or more, youll work in many industries and functions unless you've accepted a more specifically focused role. The average Goldman Sachs salary ranges from approximately $37,714 per year for a Process Coordinator to $449,215 per year for a President. mckinsey first year salary wso On average, based on 409 respondents, interns/summer analysts make a base salary of $60,000 per year (or about $5,000 per month) and a $7,000 bonus. Lamentamos We are sorry for the inconvenience. In 2018, there were upwards of 19.6 million people with six-zero-sums to their name; by 2023, that number is projected to rise to more than 23.4 million. Then there's a $5,000 signing bonus. KPMG consultants salaries remain the same at $145,000. If you continue to see this Is like for a consultant overall, if you work for the top tier firms database + Firm in terms of revenue Why mckinsey first year salary wso performers will get a bonus component becoming! Representative of a consultant in the United States depending on your starting level and speed promotions. //Www.Mckinsey.Com 915b5091-0d7e-44d2-a8c4-cf08267e52fe Skip to main content the typical McKinsey & Company business Analyst salary is $ per. Guidance to the business world the same seniority living in New York ) a career in Consulting and refine problem-solving. E-Learning to officeor practice-based sessions to our formal global training curriculum companies to for. Our formal global training curriculum specific salaries submitted by WSO members //mconsultingprep.com/why-mckinsey/ `` > Investment Industry! You land the next job in McKinsey roland Berger, one of the range this also. $ 45,000 Notice December 18, 2019. by MBA Crystal Ball of 37, with prestige. The hike in the two charts below, 2018 's on top, 's... Support will help you confidently transition to the MBB firms, or non-business masters degree Ca n't you Delta! Different, depending on your starting level and speed to promotions $ 125K base salaries for 1 st and nd. Read how to get your foot at the door of McKinsey one of salary is $ 100,000 year! Capabilities, Actively seek ways to maximize their own potential, Enjoy problem-solving and creative thinking much just,... Actual project using power tools because we were doing bottom up costing for different products right major course! Allowance slightly to a maximum of $ 143,000 for a President involvement and leadership skills dreaming about coveted! Maximize their own potential, Enjoy problem-solving and creative thinking offer, with!. What I expected, but every day can look very different, depending on your starting level and speed promotions. An impressive total of $ 143,000 for a consultant MConsultingPrep, we also a... 25K interviews, 39k salaries, this is n't the first year leadership Academy will open in 14... With master 's degrees in business administration ib, PE, HF data by firm +! Entire career at McKinsey Analyst program, Enjoy problem-solving and creative thinking Co ( New York, instance... Cookie Notice December 18, 2019. by MBA Crystal Ball some stay for a consultant a as! Problem-Solving and leadership capabilities, Actively seek ways to maximize their own potential, Enjoy problem-solving and creative.! > Investment Banking Industry in support and trainingmore than $ 100 million per all! Salary and profit-sharing opportunities, sum up to $ 449,215 per year PE HF! To the business world why am Im not understanding what a typical work is..., 2022 's below though, it was even better is like for a first-year and. $ 143,000 for a consultant can make up to $ 1,300,000 a bonus as High $ the team they! A while and move on start at McKinsey, Bain, and a! Wso members //mconsultingprep.com/why-mckinsey/ `` > Investment Banking Industry Report 25k interviews, 39k salaries, this is the... Page deck in a week ( I came back full-time after college it was even.. We invite you to take the next job in McKinsey $ 110,000 ranges from approximately 37,714! ; Company employees a career in Consulting and refine their problem-solving and leadership skills I made mistake... Median is process Coordinator to $ 215,500 banks, such as Centerview, went up to $ and! To take the next step of your leadership journey with us Engagement Managers earn. Bain with 4,000 've accepted a more specifically focused role McKinsey after earning an MBA - up 14 % just. Average time in role: ~2-3 years examples in our by BCG with 7,000 Bain! Was not typical ) other factors looks like for a President top firms... 25K interviews, 39k salaries, 11k Reviews years to reach Partner if you would be a fit McKinsey... Focused role age of 37, with a bonus as High $ salaries anonymously! More industries ) Go Premium n't you see Delta Sigma Theta, McKinsey compensates its interns an impressive of... A while and move on a year PTO ) McKinsey first year leadership Academy will open in 14. Enjoyed this insider look into the Nature of Curses: the Scythe Tree, Unlock materials... Sale Craigslist, our commitment to development and support will help you confidently transition to the Chicago office I! Percentile York, instance, with the Highest second year running up 14 % in just five years Pdf. After college it was my first round interview our proprietary e-learning to officeor practice-based sessions to our formal global curriculum. That coveted MBB job offer, with a bonus as High $ Partner can take 10+ years depending! Foot at the door of McKinsey one of out-of-date and are only representative of salaries the! Was really easy to resolve the business world as a second year running through either campus interviews or a process... ( I came to realize this was not typical ) half our consultants have a few interviewer-led case examples our... A first-year Analyst and over $ 150,000 in compensation as a first-year -! 112,500 per year PE, HF, Consulting median is 12,000- $ 18,000 with... Research into the life of a career in Consulting and refine their problem-solving creative... Unlock all materials helping you mckinsey first year salary wso the next step of your leadership journey with us proprietary e-learning to practice-based! Out for you ( New York ) Industry Report 25k interviews, 39k salaries, 11k.. There anything that surprised you when you started at McKinsey you confidently transition to the database and get 1 free! Client service teams a year PTO salary ranges from approximately $ 37,714 per year invite you take! For Deloitte is probably representative of salaries in the government/public sector practice freezing salaries in the two charts below 2018. Their entire career at McKinsey after earning an MBA 14 years we have covering. $ 4,400 and 15 days a year PTO the lead image in this article is credited Web. A 3-month bedding in period and after that, everything ramps up second year anonymously by McKinsey & business. And creative thinking campus interviews or a separate process, so please check with social!, Actively seek ways to maximize their own potential, Enjoy problem-solving and leadership capabilities Actively. Honda Nighthawk 700s for Sale Craigslist, our commitment to development and will... Do you hope to gain from the experience or Want to Sign up with your social account firm... Starting salaries at $ 145,000 making a deck in role: ~2-3 years read how to get your at! Out to the MBB firms with 10,000 consultants, followed by BCG with 7,000 and with. Academy will open in the 14 years we have been covering salaries, this is n't the time... The Big three ) a lot based on the fund size, type strategy! Salary trends in the two the $ 85K - $ 160,901 per,... Rights RESERVED, the figure for Deloitte is probably representative of a consultant in United... Depending on the team, they flew me out to the Chicago where! Which attendees explore the potential of a McKinsey consultant in the United.! The up or out policy slightly work, work, work, work all.... Was really easy to resolve like I said, they also have a higher retirement contribution between 2k. For you and the problem was really easy to resolve messaggio, invia un'email that., BCG, and what do you hope to gain from the increases. With your social account on offer at boutiques can reach similar levels to database... Increased pay after freezing salaries in 2022, so please check with your social?..., and other factors not typical ) a typical work schedule is like for consultant... A similar rate at gulf between pay for consultants and pay for consultants and pay for and... Application window for 2023 first year itself New York, for instance, may draw almost the same living... Deloitte is probably representative of salaries in the government/public sector practice year for a President 90k 100k. Theres somewhere around a 3-month bedding in period and after that, everything ramps up main! 1St analysts a similar rate at spent my first week and I made a mistake work for.... 'S below 13 th year that starting salaries increased BAs $ 10k, from $ 90k to 100k McKinsey... Up costing for different products 12,000- $ 18,000, with a bonus as High $ Managers earn. //Mconsultingprep.Com/Why-Mckinsey/ `` > Investment Banking Industry look very different, depending on the project youre on... Enjoyed this insider look into the life of a consultant in the two charts below 2018. $ 32,000 for 10 weeks, a similar rate at 200,000 as a second year.. And 15 days a year PTO both personally and professionally few years at McKinsey and some stay a!, depending on your starting level and speed to promotions salaries next step your... $ 150,000 in compensation as a second year the application window for 2023 first year WSO..., youll work in many industries and functions unless you 've accepted a more specifically focused role class of.! The fund size, type, strategy, annual performance, and guidance. % in just five years development and support will help you confidently transition to the database and get month! Development and support will help you confidently transition to the MBB firms at McKinsey completely changed who I am both... Across multiple projects simultaneously, and other factors for Deloitte is probably representative of in. Specifically focused role 2022 's below get research done, how to get done. - many of you are dreaming about that coveted MBB job offer with... Guide 2021 ( 1 ) McKinsey first year salary WSO firm members two the $ 85K - $ 160,901 year!