Is Senior Associate a new role at McK?
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We do have great flying perks no doubt. But we definitely don't fly FC all the time. Not sure how the partners sell that to clients or how BCG justifies spending that much more: like 5x
It's not an official role. Just BA, Associate, EM. BA's used to be a senior associate before moving up to EM. Now we go from BA to Senior BA, to EM. So it's like three years from entering after undergrad to when you reach manager level. I know some that have done it in two though
So BA skip associate?
Sorry^^^ wrong post
Agree completely m1. I'd rather have someone with industry plus consulting experience as a manager. Good to know something about the other side rather that just knowing how to draw frameworks and fill them in
I'm not sure what McK1 is talking about.
It's BA/Associate/EM. Senior BA and senior associate are unofficial titles that simply mean you're in your second year in that role.
Some offices have an official Junior Associate role, which is higher than the unofficial senior BA role. I've mostly seen that for new hires coming in from grad school but with less work experience than a typical MBA hire.
JEM is also an unofficial title given to a senior associate acting as the EM on a project (to demonstrate their ability to perform the role) before they're promoted to EM.
Some offices have formal "senior associate" roles
Yeah
Or they take advantage of our 5+ year boomerang policy
So what's the point of going post MBA? Is it the same timeline for mbas and undergrads to be managers?
Post MBA's take under 2 years generally, BAs take three. McKinsey believes one extra year at the Firm makes you just as good of consultant as your pre-MBA and MBA experience.
That's just silly.. if I were paying I'd definitely not want someone out of u/g 2 years prior to be managing my case, no matter how bright they are. Don't just aren't mature enough and haven't seen enough
(Disclaimer made EM in 5 years +2 MBA at one of the MBB)
I have had a manger that was 4 years out of undergrad, and the client definitely felt the same way you seem to, and she blew the client away. It was a F500, on the smaller side, but still had a huge impact and they bought more work from another team. All the EM's have earned their roles. You don't advance that fast unless you're a superstar by Firm standards, which is pretty damn high
I still think 2 years is not enough. You just don't have time to have seen enough. Even on my case many times I feel I should have had more experience under my belt. Not talking about the smarts, many times you need to be in different client situations to get to know how other companies do it etc etc
@mck2 but like senior associate is less official than SBA. It's less formalized for us than at other firms
European offices yes