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McKinsey Business Analyst Salary: Base Pay (2026)
A McKinsey Business Analyst earns a $112,000 base salary in all 58 US H-1B filings, in every city. Posted range: $112,000 to $125,000.
McKinsey pays a Business Analyst a base salary of $112,000 in US H-1B filings from January 2025 to June 2026: all 58 Business Analyst filings name $112,000, across 25 US cities. McKinsey's own Business Analyst posting now gives new joiners in the US and Canada a range of $112,000 to $125,000 (US dollars). The Business Analyst is McKinsey's undergraduate hire. The next consulting level, Associate, is filed at $192,000, and Management Consulted's 2026 report adds a performance bonus of about $18,000 for a Business Analyst.
Where the numbers come from. Base salaries are from 58 Business Analyst and other public US Department of Labor filings, worked out in code, the same filings as our McKinsey salary page. H-1B filings show base salary only: no bonus, signing bonus, profit sharing or benefits.
Business Analyst pay next to the levels above it
Median base salary in McKinsey's US H-1B filings, January 2025 to June 2026. Range is the 10th to 90th percentile of the filed salaries.
| Level | Filings | Median base | Range |
|---|---|---|---|
| Business Analyst | 58 | $112,000 | $112,000 |
| Senior Business Analyst | 107 | $112,000 | $112,000 |
| Associate | 149 | $192,000 | $192,000 |
Senior Business Analysts are filed at the same $112,000 median, with one filing at $130,000. The step to Associate is $80,000 in base.
Business Analyst salary by city
Cities with three or more filings for this level, by number of filings.
| City | Filings | Median base |
|---|---|---|
| New York, NY | 8 | $112,000 |
| Boston, MA | 4 | $112,000 |
| Chicago, IL | 3 | $112,000 |
| Newark, NJ | 3 | $112,000 |
Pay is set by level, not by office: every Business Analyst filing names $112,000, whatever the city.
What a Business Analyst does
McKinsey's consulting roles page puts the Business Analyst first on its ladder, before Associate, Engagement Manager, Associate Partner and Partner. A Business Analyst is part of a client team from day one: solving problems with teammates and clients, working through data and presenting ideas. The job posting asks for, typically, an undergraduate degree with less than four years of work experience, and says requirements vary by country and practice.
Posted pay against the filings
| Firm and level | Median base in filings | Posted first-year base |
|---|---|---|
| McKinsey Business Analyst | $112,000 | $112,000 to $125,000 |
| BCG Associate | $110,000 | $120,000 from January 1, 2027 |
| Bain Associate Consultant | $112,000 | $120,000 |
Filings are from January 2025 to June 2026. Posted pay is the US first-year base in each firm's job posting as we read it on October 26, 2026: McKinsey, BCG and Bain. BCG's are its US experienced-hire postings. McKinsey's posted range starts at the $112,000 the filings show, and its top, $125,000, is above every Business Analyst filing.
Bonus and benefits
From Management Consulted's Consulting Salaries Report 2026, which covers offers made in 2025 (via Poets&Quants, January 26, 2026): a Business Analyst gets $112,000 base and an $18,000 performance bonus, with relocation of up to $10,000 and a 7.5% 401(k) contribution. The report's base matches the filings to the dollar.
How we got these numbers
US employers that hire someone on an H-1B visa must first file a Labor Condition Application with the US Department of Labor, stating the job title, work site and the wage they will pay. The DOL publishes every filing in its LCA disclosure data. We read the filings through h1bdata.info, a free search of that data, because the DOL's own quarterly files run to hundreds of MB. We read them on October 15, 2026.
- Filing window: filings submitted from January 2025 to June 2026, the latest the DOL has published.
- Filings counted: 314 across the rows shown, one per DOL case number.
- Job titles matched:
- Business Analyst: "Business Analyst Management Consultant" (58)
- Senior Business Analyst: "Senior Business Analyst Management Consultant" (107)
- Associate: "Associate Management Consultant" (149)
- Median: the middle filed salary for that title. Range: the 10th to 90th percentile, so a few unusual filings don't stretch it.
- Base salary only. An H-1B filing states the base wage. Bonuses, signing bonuses, profit sharing and benefits are not in it, so the bonus figures on this page come from the dated reports named next to them.
- Who is in it. Only roles filed for visa holders, at every US office. A filing is the wage the employer committed to pay, not proof of a hire.
- McKinsey files the level as "Business Analyst Management Consultant" under its US entity, McKinsey & Company Inc. United States.
Searches read:
Getting the offer
Read our McKinsey interview guide, the McKinsey case interview guide, the Solve guide and the PEI questions. Students can start with the McKinsey internship. Then work a McKinsey-style practice case out loud. Our AI case interviewer asks follow-ups the way a real interviewer does, and you can start with a free week. More prep by firm and case type is on our consulting interview page.
Other levels: McKinsey Business Analyst, McKinsey Associate, BCG Associate, BCG Consultant, Bain Associate Consultant and Bain Consultant. Every firm we cover is on consulting salary. What each level does and where people go next is on our consulting career path guide.
Sources
- US Department of Labor, H-1B LCA disclosure data, filings submitted January 2025 to June 2026, via h1bdata.info, read October 15, 2026
- McKinsey & Company, Consulting roles, read October 26, 2026
- McKinsey & Company, Business Analyst (job posting), read October 26, 2026
- Poets&Quants (Jeff Schmitt), citing Management Consulted's Consulting Salaries Report 2026, Consulting Pay: What MBAs Earned In 2025, January 26, 2026
Frequently asked questions
How much does a McKinsey Business Analyst make?
A $112,000 base salary in every Business Analyst filing from January 2025 to June 2026, plus a performance bonus that Management Consulted's 2026 report puts at about $18,000. McKinsey's current posting gives a range of $112,000 to $125,000 for new joiners in the US and Canada, in US dollars.
Does a McKinsey Business Analyst earn more in New York?
No. Every Business Analyst filing names $112,000, including the 8 in New York.
How much does a McKinsey Senior Business Analyst make?
The median Senior Business Analyst filing is $112,000, the same as a Business Analyst, from 107 filings.
How much more does a McKinsey Associate make?
An Associate is filed at $192,000, $80,000 above a Business Analyst. See McKinsey Associate salary.
Does McKinsey pay Business Analysts more than BCG and Bain?
Close to the same. In the filings, a McKinsey Business Analyst is at $112,000, a BCG Associate at $110,000 and a Bain Associate Consultant at $112,000. The current BCG and Bain postings say $120,000.
Related guides
- McKinsey Associate Salary: Base Pay (2026)
- McKinsey Salary 2026: Base Pay by Level from H-1B Filings
- PwC Consulting Salary: Base Pay by Level (2026)
- BCG Salary 2026: Base Pay by Level from H-1B Filings
- McKinsey Case Interview: 15 Examples and How to Prepare
- Deloitte Consultant Salary 2026: Base Pay by Level and State