Hi there, 

This is a great question and our coaches have already given great insights. 

On the behalf of PrepLounge, I wanted to recommend having a look at some resources that are helpful when preparing for the McKinsey interview. 

1. Master the McKinsey Problem Solving Game

Here we have some resources that can be helpful:

• Free Article: McKinsey Problem Solving Game – Guide 2021 → It gives you tips and insights into the look and feel of the game!
• Paid guide by Francesco: McKinsey Imbellus Solve Game Secrets  that will help you learn the exact steps to crack the 5 games of the Imbellus Game
• Paid guide by Luca: Imbellus Test at McKinsey – Guide with practical tips & tricks and a resolutive excel model that you can actually use during the test.2. Got the invitation for the interview? 

2. Got the invitation to the interview?

Here are some practical resources for the interview at McKinsey!

• Article: McKinsey Interview – Learn How to Prepare for the McKinsey Case Interview from an Ex McKinsey Consultant
• Article: McKinsey PEI (Personal Experience Interview) – How to Prepare and Ace PEI Questions in the Best Way Possible
• McKinsey-Style Cases: Practice interviewer-led cases to be prepared for the case interview. 

Overall, it is important to internalize the habits that are needed to ace the McKinsey interview process by practicing with peers. On PrepLounge, you have the opportunity to schedule meetings with peers and coaches at any time! Just accept a meeting on our Meeting Board or propose one yourself! Alternatively, you can browse through the vast Candidate Listing to find a suitable meeting partner according to your needs and wishes! If you feel like you need some more support during your case interview preparation, there are a lot of ex-management consultants in our Coach Listing who are happy to share their knowledge with you.  So, make sure to schedule your meetings as soon as possible!

Of course, your preparation for mathematical tasks should not be neglected! Use our Mental Math Tool to train your case interview math with respect to all basic operations. You can even compare yourself to the performance of the whole PrepLounge community. This will help you to be prepared for any calculation in your consulting interview. 

Lastly, make sure to practice your chart-reading skills by solving our Quizzes! The sooner you develop this useful skill, the better! 

I hope this helps anyone interested in entering the McKinsey hierarchy :-) 

If you have any questions, feel free to reach out! I am happy to help. 

All the best for your interview preparation, 

Christine
PrepLounge Community Management

Follow us on: Facebook | Instagram | LinkedIn 

Hello!

To add a bit more flavour to prior answers: the "know" and "normal" path is Business Analyst > Associate Consultant > Engagement Manager > Associate Partner > Partner (see in other comments the definition of each, since they are pretty well ellaborated)

However, we also need to take into consideration the "internships":

- Summer Business Analyst: 2-6 months summer contracts for people about to finish education

-Summer Asociate Consultant: 2-3 months summer contracts for people during the summer of their MBAs

Furthermore, there are some "intermediate" steps:

- Junior Associate Consultant: people with some previous experience that don´t enter as Business Analyst, but don´t have an MBA

- Junior Engagement Manager: associates transitioning to the new role, normally for 1-2 engagements

Finally, after partner, there is the Senior Partner role.

We also have to take into consideration tht McKinsey is currently offering more paths (e.g., Expert role path, Advance Analytics paths...) that are not exactly like those ones.

Hope it helps!

Hi,

Actually, it's a bit different at McKinsey:

1) Intern - Internship for students after which you are supposed to get a full-time offer

2) Business Analyst (BA) - an entry role, well-defined, with a strict time frame of 2 years

3) Senior Business Analyst (SBA) - Usually lasts 1-1.5 years. You can get this position on the job offer if you have 1.5-2.5 years of experience prior to consulting

4) Fellow Associate - The short role that some of the candidates may get. There are two possible scenarios:

• After the interview, if you don't have enough relevant experience for an associate role / performed not perfectly in the interview. If you have never worked in consulting this is a good starting point since you can get more experience before starting to manage projects and have more time to improve if you fail at something
• As a promotion from SBA position if you are not getting MBA and your performance is not good enough to get a DTA (Direct to Associate promotion)

5) Associate. An associate is a very short-term role - 1-2 years

6) Junior Engagement Manager (JEM) - In a year you'll start leading a project as an Associate and after the first successful project, you'll become a JEM - junior Engagement Manager. After leading several successful projects as a JEM you'll get promoted to an Engagement Manager.

7) Engagement Manager (EM) - basically leading the projects for 2-3 years

8) Associate principal - Leading multiple projects, guiding EMs. 2-3 years

9) Partner

10) Director

Best

(edited)

That's almost perfect! 

So the roles at McKinsey are in general:

- Business Analysts (BAs) - come in after undergraduate. Individual contributors who run a workstream.

- Associates - either come in after an MBA or sometimes as an experienced hire. Individual contributors who run a workstream.

- Engagement Manager - lead the day to day work of the team. 

- Associate Partner - manage two or three studies and focus on client development

- Partner - manage a number of studies and the client relationship

- Senior Partner - as per partner, but with more seniority

Some offices then add other levels e.g., London has a ‘Junior Associate’ role which is for those with around 5 years of work experience but who they don't think are quite experienced enough to be an Associate. The American offices often talk about Junior Engagement Managers, or JEMs, who are inbetween Associate and EM. 

Then there are a number of businesses that McKinsey has acquired / developed over the last few years e.g., product focused arms of the organisation, designed focused arms. These all have different roles e.g., product manager, different types of consultant. It's worth reaching out to the recruiting team to understand these positions more. 

Hope this helps! 

Hi,

further I would say that over the last time companies also tend to introduce additional internal chierarchies which are not always visible to extern.

In order to keep promotion cycles relatively short (12-18 months) companies have started to split existing career levels into informal 1 & 2 sublevels.

I can give you an example how this logic was applied at Roland Berger, but I know that other tier-1 also started to look at this approach.

Previous and current career grades:

Junior Consultant Assistent (Intern) -> Junior Consultant Assistent (Intern) and Masterand (intern in Master's semi final year); The company has started to differentiate the pay for bachelor's and master's intern, while in general significantly increased the salary for interns;

Business/Consulting Analyst -> Business/Consulting Analyst 1 and Business/Consulting Analyst 2. This is an entry position for bachelor graduates. A quick promotion from 1 to 2 is possible after 6 or 12 months depending on your development speed.

Junior Consultant -> Junior Consultant 1 and Junior Consultant 2. This is an entry position for master graduates. A quick promotion from 1 to 2 is possible after 6 or 12 months depending on your development speed.

Consultant -> Consultant 1 and Consultant 2. This is an entry position for PhDs or young professionals with up to 3 years of experience. A quick promotion from 1 to 2 is possible after 6, 12 or 18 months depending on your development speed.

Senior Consultant -> Senior Consultant 1 and Senior Consultant 2. This could also an entry position for PhDs or young professionals with 3-5 years of experience, if they performed very well during the interview. A promotion cycle between 1 and 2 could be 12, 18 or 24 months depending on your development speed. Normally it takes 4-6 years to get from the junior position to the Project Manager (PM) depending on your performance and luck.

Project Manager -> PM 1 and PM 2. Promotion between 12 and 24 months depending on performance. It usually takes another 12-36 months to be promoted from PM2 to Principle depending on your ability to sell projects and sell yourself in front of the partners.

Principle - is the only career level which has not yet been splitted furhter. You need to reach minimum turnover in order to be promoted to the Partner level.

Partner -> P1, P2 and P3. Even on the Partner level there is a huge differentiation. Partner P1 is a newly promoted partner who sells projects for less than 4m Euro/USD. Senior Partner P2 is a more experienced colleague, who is able to sell annually more than 4m Euro/USD. Senior Partner P3 is either a Regional Director or Member of the Management or Supervisory board of the company.

Even though this logic comes from RB, it also applies to McKinsey and other MBB/Tier-1 companies. They only call the career levels differently.

Hope it brings you furhter clarity.

Best,

André

Hi there,

Adding on top on previous answers, expert tracks end in Expert Partner. Experts cannot become Senior Partners at McKinsey.

Best,

Alberto

Hey anonymous,

Let me just add to this conversation that McKinsey doesn't have Directors any longer. Since last year, the role was rebranded as Senior Partners (then for the remaining roles/positions, naming conventions may change as referred by Vlad).

Best

Bruno

Hi there,

just an additional thought with regards to your follow up question on % conversion rates in terms of promotion. 

This is something that can vary significantly on various factors such as career level, economic situation, natural attrition and the current staffing pyramid. 

• Career level: there are certain progressions that are easier, others more difficult to achieve - this typically links to the similarity of subsequent roles. Relatively easier: from BA / Fellow to Associate, from EM to AP. Reletively more challenging: Associate to EM, EM to Partner. Conversion rates will be in accordance.
• Macro-Economic situation: in times of steep company growth and/or high natural attrition rates, the firm will be a bit more lenient when it comes to promoition decisions. 
• Natural attrition: when attrition is high, the firm will be relatively less strict, when noone wants to leave (e.g. during covid days), usually they have to tighten up to keep the “up or out” nature in tact. 
• Staffing pyramid: the company will vary strictness, based on the current composition of their staffing pyramid - overall, there is a certain “span of control” for each level they deem optimal. If the pyramid gets out of whack, the firm takes targeted measures (→ stricter / more lenient promotions and/or more/less aggressive hiring) to balance it out.

Hope this clarifies.

Regards, Andi

Hi,

By the way, these are great discussions to have while networking. One goal of networking is to figure out where you sit. Honestly, your one and only priority in this whole discussion should be figuring out for what position you should apply.

Then, once you're in the company you'll just naturally learn the heirarchy.

Overall correct answers above - however note that McKinsey in particular can have different job titles depending on office location. 

For example, if you come in with an MBA and/or a few years of work experience, some regional offices of McKinsey will hire you as a Junior Associate (which then takes ~1 year to progress to Associate). I would use the above information as general guidance and then reach out to a regional recruiter / consultant in your target offices to see if they have more insider info on what position you would come in as given your profile (I am happy to help with US/EEMA offices of McKinsey).

oiy sdfs sdfdf werwerq qưr

Typical roles and seniority at McKinsey are as follows:

Entry-level:

• Business Analyst (BA): BAs are typically recent college graduates with limited work experience.
• Junior Associate (JA): Junior Associates are typically recent MBA graduates or professionals with a few years of experience. BAs and JAs work on similar projects and roles but the typical expectation is that a BA is more likely to leave for an MBA/Grad degree or different company. (JA role is only available in select countries)

Mid-level:

• Associate (A): Associates are typically MBAs with 2-3 years of experience or professionals with 4-5 years of experience.
• Junior Engagement Manager (JEM) (NOT AN OFFICIAL DESIGNATION): JEMs are typically Associates with 3-4 years of experience. They are responsible for managing small to medium-sized projects and working closely with clients.

Senior-level:

• Engagement Manager (EM): EMs are typically JEMs with ~1 year of experience. They are responsible for managing  projects and leading teams of consultants.
• Associate Partner (AP): APs are typically EMs with 3-4 years of experience. They are responsible for developing and managing client relationships and leading teams of consultants on multiple projects.
• Partner: Partners are responsible for developing and leading the firm's overall strategy and managing client relationships.
• Senior Partner : Most senior designation at McKinsey, aside from managing senior level client relationships, they are responsible for developing and leading the firm's overall strategy, which includes setting new business goals, expanding into new markets, and developing new service offerings

McKinsey also has a number of other roles, such as Knowledge Experts, Business Technology Officers, and Operations Managers. However, the roles listed above are the most common and represent the typical career path for consultants at McKinsey.

It is important to note that the time it takes to advance from one role to the next can vary depending on individual performance and the needs of the firm. However, most consultants expect to be promoted to the next level within 2-3 years.

In addition to the generalist consulting track, McKinsey also has an Expert Track for professionals who have deep expertise in a particular industry or function. Experts typically work on projects that are related to their area of expertise and provide guidance and support to other consultants on the team.

The roles and seniority on the Expert Track are as follows:

Entry-level:

• Expert Associate (EA): EAs are typically professionals with 2-3 years of experience in their area of expertise. They work on projects that are related to their area of expertise and provide guidance and support to other consultants on the team.

Mid-level:

• Senior Expert Associate (SEA): SEAs are typically EAs with 1-2 years of experience. They take on more responsibility on projects and can sometimes lead a small team of junior consultants.

Senior-level:

• Expert Engagement Manager (EEM): They are responsible for managing large and complex projects that are related to their area of expertise.
• Expert Associate Partner (EAP): EAPs are typically EEMs with 2-3 years of experience. They are responsible for developing and managing client relationships and leading teams of consultants on multiple projects.
• Expert Partner: Expert Partners are the most senior consultants on the Expert Track. They are responsible for developing and leading the firm's overall strategy in their area of expertise and managing client relationships.

Hope this helps,

Udayan

(edited)

1. Junior Associates,
2. Associates,
3. Engagement managers,
4. Associate Partners
5. Partners
6. Senior Partners

Hey anonymous,

Let me just add to this conversation that McKinsey also has expert roles, that are equivalent to the generalist roles (e.g. Specialist = Associate, Expert = EM, …).
In addition there are expert roles that also offer development into a Partner role (if they are client facing) - often via an Expert Associate Partner Track (to become Expert Partner or Partner - equivalent). 

Best

Simon