Associate Intern (Rolling Intake)

About McKinsey & Company

Since the company's formation in 1926, McKinsey has operated as a single global partnership united by a strong set of values and the drive to deliver positive, enduring change. Today, McKinsey continues to combine bold strategies and transformative technologies to support organizations to innovate more sustainably, achieve lasting gains in performance, and build workforces that will thrive for this generation and the next. 

Your Role

As an Associate Intern, you will:

• Join one of McKinsey's Offices around the world for 8 to 10 weeks, usually in the summer, to work in teams and directly with clients.
• Help clients in private, public, and social sectors solve their most pressing problems and work with many experts, from data scientists and researchers to software and app designers.
• Gather and analyze information, formulate and test hypotheses, and develop and communicate recommendations. 
• Present results to client management and implement recommendations in collaboration with client team members. 

Training & Development

As an associate intern, you will receive training and coaching on structure ambiguous problems and take action to solve them and communicate effectively with all audiences, including senior leaders, in a structured manner. McKinsey believes in strengths-based development and coaching, and you’ll receive frequent mentoring from colleagues. This will include a senior colleague from your office or practice who will help you grow and achieve your career goals. Additionally, you will have a professional development manager who manages staffing to help you choose projects based on your priorities as well as the needs of client service teams.

Salary & Benefits

Depending on the division you are working at McKinsey, competitive salaries and attractive benefits packages are offered. You may be eligible to receive a bonus that is typically paid once a year and is calculated based on your year-end performance rating. Employees can earn additional compensation and benefits, which include health and life insurance, mental health care, health, retiree and saving accounts, family and parenting programs, vacation and time-off, free food packs, tuition assistance, and job training. This role's annual compensation ranges from approximately $81,000 to $124,000.

Career Progression

McKinsey offers an opportunity beyond consulting, such as tech roles, Client Capability Network Roles, or in their broad internal roles. McKinsey has both formal and informal processes to help support you, such as a training program designed exclusively for recruits and experienced professional hires where you can meet McKinsey people from all over the world. McKinsey promotes consultants based on their potential, and there are no restrictions on the number of promotions or being elected to firm partner. McKinsey's mentorship model creates a culture in which every member is invested in the success of others. You’ll be challenged to broaden your skill set and step into leadership positions.

Work-Life Balance

McKinsey offers an innovative range of flexible, part-time programs for all consultants that are compatible with career success. Flexibility programs are individually tailored at all tenure levels and may have short or long-term duration. At McKinsey, flexibility is defined broadly and includes part-time programs, reduced days per week, or hours per day extended time off between projects, a formal program of mentorship, and workload adjustment for consultants about to leave for or return from leaves of absence, typically parental leave. Options for consultants to stay in their current role longer, thus reducing
the pressure to fulfill requirements for the next role. 

Culture & Vibe

McKinsey is known to have a flat hierarchy in its structure, with each member assigned as a mentor. The company is also popular with its tight competitiveness among its employees, whereby graduates and interns are guaranteed to have the most challenging workload and environment to learn and prove themselves stand out from each other. McKinsey is recognized as the most prestigious and most trusted management consulting company. Since they often hire graduates from top business schools, it is also guaranteed that McKinsey has the best mentors in its expertise; graduates and interns will get many chances to be involved in interesting cases and engaging learning experiences.

About You

•  Bachelor’s Degree, Advanced Graduate Degree in progress, or Academic Degree.
• Ability to work collaboratively in a team and create an inclusive environment with people at all levels of an organization.
• Capability to drive an independent workstream in the context of a broader team project.
• Ability to break down and solve problems through quantitative thinking and analysis.
• Ability to communicate effectively, both verbally and in writing, in English and local office language.

How to Apply

• To start your application, simply click the “Apply on Employer Site” button on this page.
• Applications will be screened, and once selected, the recruiter will schedule you for an interview. 
• During the interview, you will be asked to share examples of your personal experiences to demonstrate your skills.
• Interview experience will differ depending on the role for which you apply. Several include an online assessment, others a group exercise, some candidates interview with partners, and the number of colleagues you meet will vary.
• Followed by an offer and negotiation if the candidate is successful.

Source

The following sources were used in researching this page:

• mckinsey.com
• glassdoor.com/McKinsey/salaries