McKinsey pays a new Business Analyst a base salary of $112,000 and an Associate, the level most MBA hires join at, $192,000, in US H-1B filings from January 2025 to June 2026. Pay is set by level, not by office: 147 of 149 Associate filings name exactly $192,000, across 28 US cities. Engagement Managers are filed at $220,000, Associate Partners at $243,000 and Partners at $275,000. On top of base, Management Consulted's 2026 report puts an Associate's first year at about $267,000 with a $40,000 performance bonus and a $30,000 signing bonus.

Where the numbers come from. Base salaries are from 58 Business Analyst, 149 Associate and other public US Department of Labor filings, worked out in code. H-1B filings show base salary only: no bonus, signing bonus, profit sharing or benefits. Bonus and benefit figures come from the dated report named next to them.

Base salary by level

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
Engagement Manager	124	$220,000	$200K to $220K
Associate Partner	59	$243,000	$243,000
Partner	10	$275,000	$275,000

Business Analysts and Senior Business Analysts share the same median, $112,000. The highest Senior Business Analyst filing is $130,000. The Engagement Manager median was $220,000 in 2025 filings and $200,000 in 2026 filings so far.

Bonus, signing bonus and benefits

From Management Consulted's Consulting Salaries Report 2026, which covers offers made in 2025 (reported by Poets&Quants, January 26, 2026):

Associate (MBA hire): $192,000 base, a $40,000 performance bonus and a $30,000 signing bonus, about $267,000 in the first year. A 7.5% 401(k) contribution, 19 days of paid time off and a $10,000 housing allowance for qualified consultants.
Business Analyst (undergraduate hire): $112,000 base and an $18,000 performance bonus, with relocation of up to $10,000 and the same 7.5% 401(k) contribution.
The trend: the report found starting pay at the top firms flat for a third year in a row.

The base figures in the report match the filings above to the dollar.

McKinsey, BCG and Bain side by side

Level	McKinsey	BCG	Bain
Undergraduate hire	$112,000	$110,000	$112,000
MBA hire	$192,000	$190,000	$192,000
First manager level	$220,000	$225,400	$212,000

Median base salary in each firm's US H-1B filings. The levels are McKinsey's Business Analyst, Associate and Engagement Manager, BCG's Associate, Consultant and Project Leader, and Bain's Associate Consultant, Consultant and Manager. Full tables: BCG salary, Bain salary and management consultant salary across eight firms.

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: 507 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)
- Engagement Manager: "Engagement Manager Management Consultant" (124)
- Associate Partner: "Associate Partner Management Consultant" (59)
- Partner: "Partner" (10)
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 under its US entity, McKinsey & Company Inc. United States. Specialist, Expert and technology roles are left out because they are not consulting levels.

Searches read:

mckinsey: 2025, 2026

Getting the offer

The pay starts with passing McKinsey's interviews: the Solve assessment, then interviewer-led cases and the Personal Experience Interview. Read our McKinsey case interview guide, the Solve guide and the PEI questions. Then work a McKinsey-style practice case out loud, since a case you have only read about rarely holds up under the interviewer's follow-ups.

Sources

US Department of Labor, H-1B LCA disclosure data, filings submitted January 2025 to June 2026, via h1bdata.info, read October 15, 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.

How much does a McKinsey Associate make?

A $192,000 base salary in the filings. With a $40,000 performance bonus and a $30,000 signing bonus, Management Consulted's 2026 report puts the first year at about $267,000.

Does McKinsey pay the same in every US office?

For consultants, yes. 147 of 149 Associate filings name exactly $192,000, across 28 US cities, and 58 of 58 Business Analyst filings name exactly $112,000, across 25 US cities.

How much does a McKinsey Engagement Manager make?

The median Engagement Manager filing is $220,000, with most between $200,000 and $220,000. The Engagement Manager median was $220,000 in 2025 filings and $200,000 in 2026 filings so far.

Does McKinsey pay more than BCG and Bain?

Barely. The undergraduate base is $112,000 at McKinsey, $110,000 at BCG and $112,000 at Bain, and the MBA base is $192,000, $190,000 and $192,000. Bonuses and benefits differ more than base.

McKinsey Salary 2026: Base Pay by Level from H-1B Filings