Flag job

Report

Consulting Career Path at McKinsey, BCG and Bain

Salary

$0.12k - $1k

Min Experience

0 years

Location

remote

JobType

full-time

About the role

In this article, we examine the rapid career progression available at McKinsey BCG and Bain, and break down each level of the consulting career path in detail. The generalist consulting career path has three key 'phases': consultant roles, project management roles and Partner roles. Of the worlds' top-3 consulting firms, McKinsey offers consultants the quickest route to the Partner phase of the consulting career path. The firm offers top-performing consultants the chance to become a Partner in as few as eight years. The consulting role is about doing the 'leg work' of a project. This includes collecting and analyzing data, interviewing experts and clients, and performing desk research. The project management role is about leading projects, managing day-to-day client relationships, coordinating with senior colleagues and managing consultants. The Partner role is a position of significant status and responsibility. It's about being a trusted advisor to clients, generating new business, and being involved in the leadership of a firm. McKinsey, BCG and Bain review the performance of consultants every six months against a core set of skills, with expectations rising in line with consultants' seniority and tenure. While career progression at the firms is supported by a number of processes and policies, including an 'up or out' policy, the pace of a consultant's journey along the career path is ultimately determined by their performance.

About the company

In this article, we examine the rapid career progression available at McKinsey BCG and Bain, and break down each level of the consulting career path in detail.

Skills

data collection
data analysis
desk research
problem-solving
client relationships
project management
client advisory
business development