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How much do McKinsey partners make?
The average salary for a Partner is ₹22,42,584 per year in India, which is 36\% lower than the average McKinsey & Company salary of ₹35,25,747 per year for this job.
What do management consultants charge per hour?
Generally, there will be a blend of resources varying in rates. For a smaller boutique firm, the rates come down quite a bit and will typically range from $250-400/hour. Working directly with an independent consultant the rates will come down slightly from there starting at $100-350/hour.
Is McKinsey a big deal?
They are considered to be the most prestigious firms in the management consulting industry. McKinsey is the biggest of these with an annual revenue of >$10bn (2018) followed by Boston Consulting Group ($8.5bn revenue; 2019) and then Bain & Company (>$4.5bn revenue; 2019).
Why are consultants so expensive?
Why are consultants so expensive? Consultants are more expensive than full time employees (comparing hourly bill rates to straight salaries) due to the costs which consultants must cover for their services and the profit margin that is established for their value/expertise.
How much do McKinsey consultants get paid?
The daily rate for a McKinsey associate partner working as engagement director ranges from $10,000 to more than $13,000, ahead of a McKinsey engagement manager’s daily rate of $9000 to $10,000 and the firm’s consultants (associate/business analyst) rate of between $660 to about $5500.
How much did McKinsey charge for a 12 week strategy case?
When caught a year later McKinsey immediately offered to return the “fee.” ahul’s answer is quite off – for a 12 week strategy case, McK charged $3.5 million for an EM+3.
How much do McKinsey partners charge for politics?
Revealed: McKinsey partners charge $16,000 a day (before discounts) Politics.
How much does an engagement manager at McKinsey make?
McKinsey Engagement Manager Salary (2020) 1 Base: $175,000 2 Performance Bonus: Up to $77,000 3 Profit Sharing: $30,000 4 Total Annual Salary: up to $282,000 More