What is the difference between the consultant role and business analyst role? Are they the same thing and McKinsey just uses a different name than usual, or is there a significant difference?
McKinsey Business Analyst vs. Consultant Title
The different labels used by consulting firms can cause confusion when trying to compare positions and salaries between firms. Our users shared that McKinsey does not have a "consultant" title and that the business analyst is the lowest point on the totem pole.
Business Analysts are consultants. No one at McKinsey has the title consultant, everybody client-facing is a consultant, with the hierarchy going: BA - Associate - Engagement Manager - Associate Principal - Principal - Director.
User @much consultant wow shared a comparison between McKinsey and the Bain Consulting Group titles:
consultant role exists with BCG and it is the equivalent of Associate position in McK (post MBA). To make things more complicated, pre-MBA BA in McK has an equivalent of Associate in BCG.
So you get:
- McK: BA/Fellow - (Junior) Associate - Engagement Manager - AP - Partner
- BCG: Associate - Senior Associate (in some offices/systems) - Consultant - Project Leader - Principal - Partner & MD - Senior Partner - [executive positions within practice areas/committees, etc.)
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