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McKinsey salary after an MBA: the evidence we have

McKinsey publishes no salary grid; 38 of the 56 schools on this site that list employers name it, in 9 countries.

Gross, per year

Best fit for consulting, on your salary

UVA Darden

37.3% of the class (about 135 graduates) · $190,000 · payback 3.5 years

Fit score: share of the class (40%), salary (30%) and ten-year NPV for you (30%), each as a percentile among the schools shown. Schools under 5% of the class are not ranked. Method.

#SchoolShareAboutSalaryPayback10-year NPVScore
1UVA DardenCharlottesville · 21 months37.3%135$190,0003.5 years$365,50286
2KelloggEvanston · 21 months37.5%200$190,0003.7 years$349,22084
3Dartmouth TuckHanover · 21 months41%125$190,0003.7 years$343,09484
4Chicago BoothChicago · 21 months36.7%233$190,0003.5 years$368,62583
5Duke FuquaDurham · 21 months34%122$190,0003.5 years$375,54382
6Michigan RossAnn Arbor · 21 months33.5%127$190,0003.4 years$380,74982
7Yale SOMNew Haven · 21 months36.9%135$190,0003.8 years$342,30976
8Texas McCombsAustin · 21 months28%66$190,0003.0 years$428,44874
9MIT SloanCambridge · 21 months32.3%140$190,0003.6 years$353,87072
10ColumbiaNew York · 20 months33.2%326$190,0003.9 years$333,66669
11WhartonPhiladelphia · 21 months28.2%250$190,0003.7 years$348,27869
12Berkeley HaasBerkeley · 21 months26.8%73$190,0003.6 years$360,45668
13Emory GoizuetaAtlanta · 21 months40.8%52$175,0003.9 years$282,53267
14Vanderbilt OwenNashville · 21 months29%46$175,0003.6 years$302,79354
15HarvardBoston · 21 months21%198$190,0003.8 years$336,13853

Share: % of the graduating class (or of those who accepted a job) the school reports for this goal. About: that share applied to the class size. * no salary published for this goal: school-wide figure. Salaries in US dollars at the ECB rate of the last update; “average” marks a mean where the school publishes no median.

Placing graduates here but not ranked: AGSM UNSW 10% (no salary published) · Alliance MBS 12% (no salary published) · CEIBS 9.7% (no living budget published) · EDHEC 10% (no salary published) · Fudan 13.7% (no salary published) · HKU 9% (no salary published) · IE 18.29% (no salary published) · IESE 41% (no salary published) · IIM Ahmedabad PGPX 17.9% (no living budget published) · IIM Bangalore EPGP 50% (no living budget published) · IIM Lucknow IPMX 35% (no living budget published) · Rice Jones 24.1% (no living budget published) · SKK GSB 21% (no salary published) · SMU 10% (no salary published) · WashU Olin 5.8% (no living budget published) · RSM 4% (under 5%).

Built by Radif Partners · figures checked · Method · Editorial policy

There is no official McKinsey salary to quote. The firm publishes no pay grid, and the public files that sometimes reveal a firm's offers, the United States Department of Labor's visa wage disclosures, could not be downloaded when we wrote this page, so we give no McKinsey-specific figure. What can be checked is where McKinsey hires and what those schools report. McKinsey appears in the employer lists of 38 of the 56 schools on this site that publish one, more than any other consulting firm, in 9 countries. Hire counts come from 6 schools: Columbia reports 36 McKinsey hires, and the schools that count add up to 144. At the American schools naming the firm, the consulting median runs from $167,211 to $190,000, with $190,000 in the middle. That is the best public proxy for a McKinsey MBA base salary, not the figure itself. The BLS median of $101,860 for all management analysts is the floor.

What is not public, and why we stop there

Three sources could in principle give a McKinsey salary. The firm itself publishes no pay grid. Offer letters are private. The United States Department of Labor publishes the wages employers declare when they sponsor a foreign worker, and those files sometimes reveal a firm's offer for a job title; they could not be downloaded from our side when this page was written, so they are not used. The firm's own site, mckinsey.com, did not answer our requests either, which is why this page gives no facts about the firm's offices or headcount. Anything beyond that is self-reported on salary websites, which we do not quote.

What remains is indirect but checkable: the schools that name McKinsey as an employer, the number of hires some of them publish, and the consulting salary each reports. The approach answers a narrower question than "what does McKinsey pay": it says what the graduates of schools where McKinsey hires were paid in consulting, which is the figure an applicant can act on.

The breadth of McKinsey recruiting

McKinsey is the consulting firm named by the most schools on this site: 38 of the 56 schools that publish an employer list, in 9 countries (the United Kingdom, the United States, China, Spain, India, France, Singapore, Italy and Ireland). 16 of them are outside the United States, among them Alliance MBS, Cambridge Judge, CEIBS, Esade and IE. No other consulting firm appears in as many lists, and the full count for every firm is on consulting firms that hire MBAs.

A name in a list does not say how many people joined. Some schools list their top employers by hires, others alphabetically, others mix. Only the schools below publish a count, and the share of the class it represents is our division of the count by the class size the school reports.

McKinsey hires reported by each school for its last class, and the consulting salary it reports for all consulting hires.
SchoolMcKinsey hiresShare of class, aboutConsulting salary
Columbia363.7%$190,000
Chicago Booth355.5%$190,000
Kellogg234.3%$190,000
MIT Sloan204.6%$190,000
Michigan Ross164.2%$190,000
NYU Stern144.2%$175,000

The schools that publish counts add up to 144 McKinsey hires. Chicago Booth has the highest ratio to its class, about 5.5%, which means roughly one graduate in 18 joined the firm. Those schools are all American; the European and Asian schools that name McKinsey do not publish hire counts.

Columbia: where the class went

Share of the class

33.2%

Salary reported$190,000
Graduates, about326
Payback with that salary3.9 years

Reference person earning $90,000 before the MBA.

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The consulting median as a proxy for the base

At the 21 American schools that name McKinsey and publish a consulting salary, the figure runs from $167,211 to $190,000. The middle of that range is $190,000, and many schools give exactly the same number, which is what a standard base offer from the large strategy firms looks like in a median. The proxy is better at schools where consulting hires are concentrated at the large firms, and weaker where many graduates join specialist or Big 4 practices that pay less.

Outside the United States, the proxy is in local currency. CEIBS reports CN¥597,000, INSEAD reports €106,100, LBS reports £98,856, Oxford Saïd reports £90,746 for consulting hires. Converted at the ECB rate of October 13, 2026, those are lower than American medians, and McKinsey's offices in those regions pay at local scales.

The floor: what the profession pays

The Bureau of Labor Statistics gives the national distribution for management analysts, the occupation that includes all consultants: a median of $101,860 in May 2025, a first quartile of $77,950 and a third of $133,370. A McKinsey consultant hired after an MBA starts above the third quartile on any proxy above. For someone weighing the firm against an MBA's cost, the routes into consulting and the consulting ranking are the next steps; the MBB page compares the three large strategy firms on what the schools show.

Questions applicants ask

Does McKinsey publish its salary for MBA hires?

No. McKinsey publishes no pay grid for any level, and offer letters are private. The school reports are the closest public source: at the American schools that name McKinsey among their employers, the consulting median runs from $167,211 to $190,000. Those medians mix McKinsey with other firms, so they approximate the base offer rather than prove it.

Which MBA school sends the most graduates to McKinsey?

Among the schools that publish hire counts by employer, Columbia reports the most McKinsey hires, 36 in its last class. Chicago Booth follows with 35. Many schools, including some of the largest, list McKinsey without a count, so the ranking covers only schools that publish numbers.

Is McKinsey pay the same in Europe and Asia as in the United States?

No. Offices outside the United States pay in local currency at local levels. The non-American schools that name McKinsey report consulting figures such as CN¥597,000 at CEIBS and €106,100 at INSEAD, below American medians once converted. Those are school-wide consulting figures, not McKinsey offers.

How does a McKinsey salary compare with the BLS management analyst median?

The BLS median for all management analysts was $101,860 in May 2025, and three quarters earned under $133,370. The consulting medians of American schools naming McKinsey sit well above that, at $190,000 in the middle of their range. The BLS counts the whole profession; McKinsey hires MBA graduates at a senior entry level.

Why can we not use salary websites for McKinsey pay?

Figures on salary websites come from anonymous self-reports that cannot be checked, mix levels and years, and often add bonuses in different ways. This site writes only figures it can trace to an official document: a school report, a government statistic. When neither gives a McKinsey number, we say so rather than print one.

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A model, not a promise: salaries are what a past class reported to its school, costs are the school’s published fees and budget, and growth, discount rate and the salary you give up are assumptions you can change. Scholarships, taxes, visas and your own offer move the result. Every figure is an estimate, not financial advice, and it does not replace the school’s own admissions and financial aid offices.

Fees, budgets and employment reports for 2026, read in the schools’ own documents on