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Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK

 
#1 Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
04/03/2007 23:42

Cat

Hi, Im just wondering if anyone is actually aware of the graduate starting salaries for either of these firms in the UK?

Cheers, Cat

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#2 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
04/03/2007 23:57

mcd to Cat (#1)

McKinsey graduate salary: 1st year = £35k, no bonus; 2nd year = £38k, up to £5k bonus

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#3 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
05/03/2007 00:34

Diz to mcd (#2)

I know you didnt ask, but Bain is 34k +5k sign on + bonus (around 4k) :)

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#4 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
05/03/2007 09:30

Me to Diz (#3)

What does that work out as at an hourly rate?

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#5 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
05/03/2007 10:14

shelfstacker to Me (#4)

About the same as asda.

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#6 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
05/03/2007 12:12

Cat to mcd (#2)

Thanks 'Mcd' - do you know if Mckinsey have a signing on bonus? And if they negotiate starting graduate starting salaries based on work experience?

Cheers,

Cat

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#7 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
05/03/2007 12:21

Cat to Diz (#3)

Hi Diz,

Do Bain offer work experience or internship opportunities in the UK?

Cheers,

Cat

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#8 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
05/03/2007 13:25

Me to Cat (#7)

Hiya Cat!

I can't answer the question about whether McK offers signing on bonuses, but I bet they do!

Re: your Bain question... check out their website. ^_^

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#9 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
05/03/2007 17:57

Diz to Me (#8)

Hey Cat - As mentioned above check the website for details on Bain internships. If you want any help on them as a company or what to expect at interview let me know your email via this forum - I went through their milkround interviews this christmas and will be starting a grad position with them next year.

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#10 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
05/03/2007 20:16

Cat to Diz (#9)

Hey Diz - thanks for responding.

Congratulations on landing the job!

Following your recommendation, I had a good look through the Bain Careers site seems the internships seem really well structured.

Would be great help if you could send me any information about the various assessment stages - need all the help I can get =p

Just out of curiousity why did you go for Bain?

Cheers,

Cat

Email: catherine.garner@virgin.net

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#11 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
05/03/2007 21:17

Village Idiot to Cat (#10)

catherine,

Why not join into private equity with the likes of Macquarie, Blackstone or KKR?

Someone of your stature surely has a shot.

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#12 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
05/03/2007 21:57

Cat to Diz (#9)

Hey Diz - thanks for responding.

Congratulations on landing the job!

Following your recommendation, I had a good look through the Bain Careers site seems the internships seem really well structured.

Would be great help if you could send me any information about the various assessment stages - need all the help I can get =p

Just out of curiousity why did you go for Bain?

Cheers,

Cat

Email: catherine.garner@virgin.net

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#13 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
22/08/2008 14:28

mimi to mcd (#2)

is this 35 000 pounds per year? Is it before taxes?

It gives you about 2k per month!! (i dont know the tax rate)

And it is probably for 70hours per week.

So if concerning salary, kitchen porter job is even better than this.

How come you guys work so hard for such salary??

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#14 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
18/09/2008 16:58

bio boy to mimi (#13)

this is a valid Q ... how many hours is a grad in a MC supposed to work?

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#15 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
18/09/2008 17:19

Mars A Day to bio boy (#14)

A grad in MBB? All of them.

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#16 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
19/09/2008 09:49

Cynic to Mars A Day (#15)

Maybe the folk who work for these firms aren't so bright after all.

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#17 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
19/09/2008 10:22

anon to Cynic (#16)

Short term sacrifice for long term gain. I don't work for said firms but would do so if it meant i could leave and work in private equity or similar where you can find acceptable work-life balance and a very high income.

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#18 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
19/09/2008 11:06

Cynic to anon (#17)

Yeah, yeah, we've all heard that one before. I wonder how many of these naive dream-chasers ever get a bite of the carrot that is dangled in front of them?

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#19 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
22/09/2008 16:40

McKinsey to mimi (#13)

YES.

YES.

YES.

No, usually more than 70 hours

Because those who succeed can get a LOT more than than after some years.

It is about greediness.

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#20 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
07/10/2008 21:57

TT to Diz (#9)

Diz/Cat,

Do either of you know if Bain are hiring at the moment? I was supposed to be starting in the Strat practice at another firm (a large IT-related one), but have now been 'deferred' until late next year.

Interested in a position at Bain, or maybe even an internship if there are any going.

Any help appreciated.

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#21 RE: Boston Consulting & Mckinsey Starting Salary & Bonuses in London, UK
02/04/2009 15:07

aasim to Diz (#9)

hi daz im very much interested in joinin bain can u help me on that at aasimo@yahoo.com thanks

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