Hi All,

I have an offer from Mckinsey Digital and was skeptical about the Personal Investment Policy mentioned in it.

Can someone tell me is buying shares completely prohibited or only prohibited for companies which happen to be clients of McKinsey?

Also who would be covered under the definition of Household? All immediate family members or only dependents? As a background, my father is currently an active employee who files his own ITR.

Any insights would be helpful. McKinsey & Company

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First of all I would advise you to re consider this role given McKinsey’s dwindling business conditions.
Second, on your question, no direct blood relations can trade in shares as per the policy. So your father have to sell the shares before your joining or sell them after you leave McKinsey. He can’t trade while you are in firm

Btw what’s the role you got an offer for?

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Don’t join McKinsey, have more offers in hand and use McKinsey offer to counter other offers. McKinsey is not something it was 5 years earlier.

You are completely prohibited from buying or selling any individual stocks e.g. reliance, suzlon. Mutual funds and ETFs are OK. Anyone who spends more than 6 months in the same household will also have same restrictions.

Ask HR for details on above before making your final decision. Good luck!

Thank you for the prompt response. Will surely check with HR for more clarification.

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