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I am applying for a new role in McKinsey and Company, It’s a principal level role and I cannot find find the level details anywhere like levels.fyi or glassdoor. Anyone have idea what level equivalent is this role likewise in a Faang level?#tech #level
Ex consultant here - the pay will most likely be good but the work will be a hot dumpster fire. Out of touch and old partners whom have never built a scalable product in their life yet calling themselves “innovation experts”. Want proof? Try to find a single successful IP McKinsey or any other consulting firm has put together
MBB-bad, Ivy League-bad, suit-wearing people bad, non Leetcode warriors-bad blah blah… all of these nonsense from someone who has no idea how McK runs. Our tech arm is growing more than ever and we are electing actual engineers as partners for quite some time now. In other words, tech is a first class citizen at McK and will continue to be. To your original question, you can expect 300K TC. It’s an engagement manager-equivalent role.
Thank you for the explanation
Alright here’s the alternative opinion from someone who’s been both at McKinsey (I actually literally wrote the document that got the shareholders council to approve partner tracks for non-consultants) and a fairly senior product person at FAANG and startups: You don’t see the full picture. It is true what you said but it’s a first order of consequences analysis. No top tier engineer whatsoever would work at McK. Also, no engineer who wants to develop and has the chance to work at a solid tech company (doesn’t have to be FAANG but even Twilio, Airbnb, etc) should go to any consulting firm. The learning curve for engineering and product is wildly different, the culture is way less entrepreneurial and experimental and the economic outcome is MUCH less. The complexity and use of products built by McK, BCG etc (and again I’ve been deeply involved in MANY) is laughable compared to an Amazon, Meta or say Palantir from a tech, reach and user experience perspectives. As for the first class citizen thing; yes it’s theoretically true but practically it’s not. It’s more like “not second class citizen per se” than “first class citizen like the generalist consultants”
+1 to komk61. McKinsey is desperately acquiring some tech service companies to build its portfolio. If someone say techies are first class citizen, he/she must be from QB 😂
I doubt anyone here knows. Please tell us what you find. McKinsey looks like such a cult of smoke and mirrors from the outside.