How hard is it to get a Tracking rating at McKinsey?

McKinsey performance
New answer on Apr 30, 2020
4 Answers
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Anonymous A asked on Feb 10, 2020

I know this rating is important to not be counseled to leave and to receive MBA sponsorship. What percent of people get it? Is it the top 75-80%, meaning almost everyone, or is it more selective?

What kinds of things can you do to make sure you are at least at Tracking performance?

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Vlad
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replied on Feb 10, 2020
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi,

The whole rating situation depends a lot on the economic cycle. E.g in the downturn of the economy you should be T+ to get an MBA sponsorship / stay in the company.

In terms of the %, it's the majority (around 60% I guess).

The most important thing you need to understand is that consulting is a client business and client is always first. Here is my subjective view of what's needed to succeed on different levels of hierarchy. Pls take into account that it's the ideal state and getting these skills is a journey.

Analyst / associate level

  • Having a good DGL / career counselor, etc. (Each company has different names). This is a person who guides your development in the company, collects the feedbacks on you, and presents your case to a promotion committee. Make sure to have a person who is organized enough to collect the feedbacks in time, who is a nice person in general and who has enough authority in the company (i.e. Senior partner - the more power he has - the better)
  • Choosing the project you work on smartly (i.e. collect the feedbacks on each and everyone prior to accepting the project)
  • Perfect technical skills (Excel, PPT, Problem Solving)
  • Good feedbacks on you from the client. Thus try to make friends with your clients (Both senior and non-senior role. Even a bad feedback from a blue collar can ruin your career)
  • Ability to manage your own standalone workstream with minimum supervision. TOP performers bring the end products that impress others
  • Being proactive - helping the team with daily routine, scheduling, etc. Participating in the office initiatives
  • Establishing relationships with your managers and partners. Ideally, you should have multiple senior partners to be excited about you and to support you)
  • Being lucky!

Manager level

A lot of the above, plus:

  • Having your client happy - this is the most important! If the client is happy - everything else will work
  • Managing multiple partners who have different opinions. Since partners have a busy schedule it becomes very tricky to synchronize them and to align the viewpoints
  • Good feedbacks from your team - having a happy team is important. Unfortunately, sometimes it's a trade-off between having your client and partner happy
  • Telling about your success on projects to others - I'm personally not a fan of this kind of selling, but I know many people who made a career using this skill

Principal level

A lot from the above, plus:

  • Having multiple clients happy
  • Having a long list of partners supporting you (More than 10)
  • Contributions to the development of the company (Knowledge, office ops, etc)
  • Selling the projects. If you manage to sell to existing clients or even bring the new clients - you are the champion.

Partner level

A lot of the above, plus:

  • Sales, sales, sales

Best,

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Luca
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replied on Apr 30, 2020
BCG |NASA | SDA Bocconi & Cattolica partner | GMAT expert 780/800 score | 200+ students coached

Hello,

MBA policies are changing in this specific historical period but I would say that 70/80% of the people willing to make an MBA. These policies can vary among different offices.

Best,
Luca

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Antonello
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replied on Feb 11, 2020
McKinsey | MBA professor for consulting interviews

Yes, you should be a tracking performer on average during the first 2/2.5 years. The percentage depends on the office and on the period, but 70/75% is a good approximation

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Anonymous A on Feb 11, 2020

When you say it's location based, are bigger cities (NYC/SF/Chicago/Boston) more likely to be above or below that approximation?

Clara
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replied on Feb 10, 2020
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

Tracking rating indeed means sponsoship for MBA for Business Analysts, the entry level position for MBB.

In my experience -and this would change among offices and depending on the economic situation-, over 70% of BAs get their MBA finance.

However, keep in mind that is a loan, that you repay by coming back 2 years.

Hope it helps!

Cheers,

Clara

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Anonymous A on Feb 11, 2020

When you say it's location based, are bigger cities (NYC/SF/Chicago/Boston) more likely to be above or below that approximation?

Vlad gave the best answer

Vlad

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McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
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