McKinsey and Company

McKinsey & Company is an American worldwide management consulting firm that was founded in 1926 by James O. McKinsey. It is the oldest and largest of the "Big Three" management consultancies - the world's three largest strategy consulting firms by revenue. 

The company helps organizations across the private, public, and social sectors create the Change that Matters most to them. The firm combines global expertise and local insight to help the client’s ambitious goals turn into reality. 

With 30k colleagues working in 130 cities, the company has been in management consulting for more than 90 years. 

Organizational Structure

Business Functions

• McKinsey Digital
• Implementation
• Learning Programs for Clients
• Marketing & Sales
• McKinsey Analytics
• McKinsey Design
• Operations
• Organization
• Risk
• Strategy & Corporate Finance
• Sustainability
• Transformation

Digital Services

• McKinsey Design
• McKinsey Digital
• Internet of Things
• McKinsey Analytics
• Solutions

Industries Served

• Advanced Electronics
• Aerospace & Defense
• Agriculture
• Automotive & Assembly
• Capital Projects & Infrastructure
• Chemicals
• Consumer Packaged Goods
• Electric Power & Natural Gas
• Financial Services
• Healthcare Systems & Services
• High Tech
• Media & Entertainment
• Metals & Mining
• Oil & Gas
• Paper & Forest Products
• Pharmaceuticals & Medical Products
• Private Equity & Principal Investors
• Public Sector
• Retail
• Semiconductors
• Social Sector
• Telecommunications
• Travel, Transport & Logistics

Recent Mergers and Acquisitions

1. McKinsey acquired Vivid Economics and Planetrics in March 2021 to help clients navigate climate change
2. Orpheus, a German provider of spend analytics technology was acquired by McKinsey and Company in March 2021
3. McKinsey acquired Candid Partners, a leader in cloud consulting on 15 January 2021
4. McKinsey acquired Westney Consulting, a leading capital-projects consultancy in September 2019

Top 5 Competitors

1. Boston Consulting Group
2. Bain & Company 
3. Deloitte 
4. Accenture
5. Ernst & Young

Recent News and Developments

1. McKinsey & Company has announced the foundation of a new platform that is aimed at helping clients across industries transform their sustainability function.
2. McKinsey has committed $15 million to support Black-owned businesses and help fuel economic development.
3. McKinsey has spoken with the global GLAM co-head to mark Pride Week.
4. The firm has committed $30 million to Generation, the philanthropic initiative of McKinsey and Company aimed at building employment opportunities globally.

Opportunities at McKinsey and Company

Student Opportunities

McKinsey and Company typically offer roles of Associate to MBA graduates who work either as generalists or practice consultants if they have an area they’d like to focus on, and increasingly they join their analytics, digital, or other tech teams.

Other roles include generalist consulting, practice consulting - focused on a specific function or industry (e.g., digital, implementation, marketing & sales, operations), and technology roles such as data scientists, software engineers, product managers, data engineers, designers, agile coaches, or digital marketers.

Work Environment and Culture

McKinsey and Company operate as one firm—a single global partnership united by a strong set of values, including a deep commitment to diversity, and making a positive social impact through their work. 

The company takes a consistent approach to recruiting and skills development regardless of where their people are located, so that they can quickly deliver the right team, with the right experience and expertise, to every client, anywhere in the world.

Their consultants include medical doctors, engineers, designers, data scientists, business managers, civil servants, entrepreneurs, and research scientists. They join McKinsey for the opportunity to apply their talents to complex, important challenges.

Every day, you will get an opportunity to work with clients and colleagues to build capabilities, leadership skills, and better outcomes—at every level. 

Whether your interests lie in advising clients across industries, expanding their clients’ digital and analytical capabilities, or supporting the firm’s operations, every individual at McKinsey plays an important role in their collective success.

Life at McKinsey

• Exciting work that makes a difference. 
• Colleagues and mentors at the top of their fields. 
• Endless opportunities to take what you know, develop your skills, and grow with a group that takes on the world’s toughest challenges.