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Negotiate MCK entry-level position (experienced hire with ~3 year in corporate strategy)?

Corporate Strategy McKinsey
Neue Antwort am 21. Okt. 2020
4 Antworten
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Jean fragte am 20. Okt. 2020

Hi guys, I graduated from a leading uni in America, and then Master from a target school here in London.

I worked for ~3 years in corproate strategy for 2 FTSE250 companies in retail/consumer goods in London. I have experience leading various work streams and even projects during my work experience.

I was offered an intervieiw at McKinsey in APAC. They asked me if I want to apply as BA or JA (Junior Associate). I chose JA but HR said it would be a bit hard (potentially due to the limited headcount they have this year). So the HR set me up for interviews for the BA position.

I am just trying to understand, in my case, do I have a chance to negotiate my entry level position? I did loads research on Linkedin and people with similar background (coporate strategy), even those with only 2 years of experience, seem to be able to get JA as their entry level position. Not the mention, a BA position would be a significant paycut for my current salary (50% lower).

Do I have a chance to negotiate my starting point? If so, how and when should I go about it?

Thank you!!

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Ken
Experte
bearbeitete eine Antwort am 20. Okt. 2020
Ex-McKinsey final round interviewer | Executive Coach

I'm surprised to hear that there is a clear cut headcount differentiation for BA vs. JA but it really does depend on the geography where the JA role is not universal across McKinsey offices.

In London, you would most likely be considered for a BA role unless you have an advanced professional degree (e.g., PhD, MD) or 2-3 years of consulting experience, ideally with a promotion.

Assuming you don't have an offer yet, frankly, you're not really in a position to negotiate and so you might as well get a BA offer "with flying colours" (and possibly a competiting MBB offer) first and then try your luck again!

(editiert)

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Robert
Experte
Content Creator
antwortete am 20. Okt. 2020
McKinsey offers w/o final round interviews - 100% risk-free - 10+ years MBB coaching experience - Multiple book author

Hi Zx,

I am afraid you won't have a lot of leverage for negotiation unfortunately (especially in current market environment).

In your situation I'd put the focus more on delivering excellent results in your BA role and fast-track promotions will follow with increasing compensation.

If you see a middle to long term benefit (also financially) and believe McKinsey is the right employer for you, this is the way to go; if you look at McKinsey in a more short-term perspective (also valid, just depends on your circumstances) then it's at least financially a loss.

Hope this helps - if so, please give it a thumbs-up with the green upvote button below!

Robert

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Ian
Experte
Content Creator
antwortete am 21. Okt. 2020
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

Sorry, but it sounds like you've really already had that conversation with HR and they said no.

I don't see any room for negoation here. All you can really do is be an absolute gun on the job and hope for fast-track promotion!

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Gaurav
Experte
Content Creator
antwortete am 21. Okt. 2020
Ex-Mckinsey|Certified Career Coach |Placed 500+ candidates at MBB & other consultancies

Hi Zx,

Seems very unlikely that you can get JA position right now. Given the fact they have a limited headcount, the best option for you would be to join as BA at this stage.

The first priority for you now is getting the offer itself. After that, it would be reasonable to think of perfect performing and fast promotion as a result.

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GB

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