Is principal the same as partner at McKinsey

Hi,

I thought I'd share an update, at least for BCG perspective, given that they changed the titles a few years ago and can be quite confusing.

The current progression for BCG is as follows:

Project Leader (Manager) → Principal → Partner → Managing Director & Partner 

• The new BCG “Partner” role is actually not an equity partner role, but rather a ‘Senior Principal’ role

Hope this helps to clarify!

Principal is the old word for Partner at McKinsey.

Until about 3 years ago the titles were: Associate Principal --> Principal --> Director

Nowadays, the roles are called: Associate Partner --> Partner --> Senior Partner

At BCG, it is slightly different. Here the word "Principal" refers to the  pre-partner position (corresponds to Associate Principal/Associate Partner at McKinsey:

Principal --> Partner --> Senior Partner

Cheers, Sidi

Hi,

Associate Principal is not considered as a partner. You may think of it rather as a senior manager. 

Principal = Partner

Best!

What?  I'm just asking if they are equivalent, not asking about associate principals nor associate partners which I would assume are equivalent too?