Company Name Average Annual Salary. Edelweiss 78 Salaries Junior Associate 1 - 7 yrs exp. Tata Motors 37 Salaries Junior Associate 2 - 5 yrs exp. Junior Associate salary Salaries 1. Rate your recent company Tell other jobseekers about your company and grow this community. Click here to rate. Yaser Mohammed Business Presentation Specialist. Anonymous Business Presentation Specialist.
Anonymous former employee of McKinsey shared services. Anonymous Administrator. Junior Associates join our offices and practices e. Digital McKinsey around the world to work in teams and directly with our clients. When you join McKinsey as a Junior Associate, you are joining a firm that will challenge you and invest in your professional development.
In this role you will work on the best teams to help the best organizations in the world — in private, public, and social sectors — solve their most difficult problems. For example, when Chrysler filed for bankruptcy in , they could have hired consultants to help prepare and implement a strategy to return the firm to profitability.
This type of project, with dramatic opportunities and challenges, is what people in a Turnaround job at Mckinsey do. The qualifications above reflect some of the typical qualifications McKinsey looks for in their Turnaround applicants, which we found on the McKinsey job board.
McKinsey's Turnaround job board. In addition to the 7 client-serving job types above, McKinsey has positions for internal business functions. Specifically the following:.
If you're interested in working with McKinsey, but are better equipped to serve in a particular operational role, consider applying to one of the position's posted on McKinsey's Internal job board. McKinsey's Internal job board. Now that we've covered job types, we'll turn our attention to the McKinsey career path. We'll be specifically looking at the career path for jobs in Consulting. However, several of the other job types, like Implementation and Turnaround for example, will follow a similar progression.
The career progression for a McKinsey consultant is broken down into 6 main steps. The most junior position is a Business Analyst role 1 and the most senior position is Partner 6. For an overview, see the below image. Note: the salary data for this post was borrowed from our detailed post about consulting salaries.
You can find the original post here. For years at level, we were informed by the data presented by Rocketblocks. In a typical case-based consulting project, a Business Analyst will be tasked with information gathering, analysis, and creation of PowerPoint slides. This work is all directly related to the final deliverable of the project, which illustrates how quickly you are given responsibility and high-impact work in consulting.
At this level, you are typically less involved in client relationship management and internal strategy. A Junior Associate will typically own a functional area. This could be a single work-stream, or a set of implementation requirements. In this role, there is a higher level of ownership compared with a Business Analyst. Years at level: 1 - 3 years before promotion. In addition, a consultant at this level would be more involved in internal discussions with the consulting team's leadership.
They may be asked for input from their team, or from their area of expertise. An Engagement Manager will typically have years of experience in consulting, or in a specific industry. At this level, you will be expected to have broad-knowledge of the process and strategy for effectively completing a project.
You will lead multiple teams, and will report to senior client and internal leaders. This level combines elements of project management, team leadership, client relationship management, and strategy. Managers may also be involved in assembling their teams and interviewing prospective employees for the firm. Years at level: 2 - 3 years before promotion.
At the Associate Principal level, you serve a dual purpose. First and foremost, you are responsible for the delivery of an entire project. You will likely have multiple Managers reporting to you, each of whom lead multiple teams. Second, you will be expected to begin selling new work for the consulting firm, by building relationships with your current client and through new connections. As a Partner, you take a step out of the day-to-day execution of projects, and into high-level strategy.
At this level, your primary focus is selling new work and retaining existing clients. This is done through relationships, and an ability to clearly demonstrate the impact of your firm's work. It's also critical to have a network of high-performers and specialists within the consulting firm, who you can recruit to staff your projects.
Broadly speaking, a Partner manages a portfolio of projects, and is the decision maker for new contracts and initiatives. Years at level: Indefinite. Now that you have a better understanding of McKinsey's career opportunities and career path, we'll turn our attention to the application process. The goal of this section is to help you understand the next steps you should take, in order to optimise your chances of getting a job offer at McKinsey.
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