MBB consulting firms – McKinsey, BCG and Bain – are the three most prestigious firms in the management consulting industry.
A detailed summary of The McKinsey Way, a book by Ethan M. Rasiel, published in 1999. This book is about the methodology and way-of-life of the consulting firm McKinsey&Company. The book has 5 Parts (Sections) with 180 pages.
At Bain & Company, entry-level consultants may earn up to $120,000 per year, while senior ones have salaries up to $230,000 (bonuses and profit sharings included). The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000.
Entry-level consultants at BCG can earn up to $112,500 per year, while senior consultants can make up to $215,500. Project Leaders have a maximum annual salary of $266,000; Principals and Partners may earn up to $1,150,000.
At McKinsey, the salary for Analysts ranges from $90,000 to $110,000 per year, while Associates can make up to $233,000. Engagement Managers typically earn $250,000, while Partners/Directors can earn up to $1,300,000.