McKinsey Business Analyst Salary

IQ Team
Written by IQ Team
IQ Team
Published March 24, 2022
Estimated reading time: 7 minutes
Table of contents

$100,434

Average Base Salary

$137,179

Average Total Compensation

Min: $85K
Max: $160K
Base Salary
Median: $85K
Mean (Average): $100K
Data points: 152
Min: $12K
Max: $213K
Total Compensation
Median: $145K
Mean (Average): $137K
Data points: 50
The average base salary for a Business Analyst at Mckinsey & Company is $100,434
based on 152 data points.
Adjusting the average for more recent salary data points, the average recency weighted base salary is $103,287.

The estimated average total compensation is $137,179
based on 50 data points.
The average recency weighted total compensation is $140,369.

View the full Business Analyst at Mckinsey & Company interview guide

Normalized McKinsey Business Analyst Salaries


Average total compensation
0% - Low
15%85%
Cost of living
0% - Low
15%85%
Years of experience
0% - Low
15%85%

The average base salary for Business Analyst at Mckinsey & Company is in the top 77% compared to all other companies salaries.

The average base salary for Business Analyst at Mckinsey & Company is $100,434 while the average Business Analyst base salary is $80,891.

If we normalize the salaries at Mckinsey & Company by the cost of living, then the average base salary for Business Analyst at Mckinsey & Company is in the top 73% compared to all other companies.

If we normalize the salaries at Mckinsey & Company by the years of experience, then the average base salary for Business Analyst at Mckinsey & Company is in the top 51% compared to all other companies.

McKinsey Business Analyst Salary by Seniority Levels

Senior
$97K
$172K
Senior
Median: $122K
Mean (Average): $131K
Data points: 9
Mid-Level
$117K
$175K
Mid-Level
Median: $145K
Mean (Average): $146K
Data points: 23
Entry Level*
$86K
$99K
Entry Level
Median: $93K
Mean (Average): $93K
Data points: 2
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)

Seniority can increase the pay of a Business Analyst at Mckinsey & Company. Here are the base salaries of a Business Analyst at Mckinsey & Company grouped into 3 seniority categories.

McKinsey Business Analyst Salary Compared to other Positions

Software Engineer
$111K
$240K
Software Engineer
Median: $197K
Mean (Average): $191K
Data points: 172
Product Manager
$152K
$213K
Product Manager
Median: $200K
Mean (Average): $185K
Data points: 5
Data Scientist
$84K
$192K
Data Scientist
Median: $132K
Mean (Average): $133K
Data points: 54
Data Engineer
$93K
$175K
Data Engineer
Median: $110K
Mean (Average): $118K
Data points: 21
Business Analyst
$85K
$160K
Business Analyst
Median: $85K
Mean (Average): $100K
Data points: 152
Data Analyst
$66K
$122K
Data Analyst
Median: $90K
Mean (Average): $93K
Data points: 77
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)

Most data science positions fall under different position titles depending on the actual role.

From the graph we can see that on average the Software Engineer role pays the most with a $190,525 base salary while the Data Analyst role on average pays the least with a $92,851 base salary.

Top Cities for McKinsey Business Analyst Salaries

Omaha, NE
$124K
$169K
Omaha, NE
Median: $145K
Mean (Average): $147K
Data points: 13
Memphis, TN*
$122K
$149K
Memphis, TN
Median: $135K
Mean (Average): $135K
Data points: 2
Montreal, Canada*
$115K
Montreal, Canada
Median: $115K
Mean (Average): $115K
Data points: 1
Atlanta, GA
$85K
$141K
Atlanta, GA
Median: $85K
Mean (Average): $103K
Data points: 6
Zurich, Switzerland*
$100K
Zurich, Switzerland
Median: $100K
Mean (Average): $100K
Data points: 1
Boston, MA
$85K
$123K
Boston, MA
Median: $85K
Mean (Average): $97K
Data points: 6
New York, NY
$85K
$165K
New York, NY
Median: $85K
Mean (Average): $96K
Data points: 42
Chicago, IL
$85K
$120K
Chicago, IL
Median: $88K
Mean (Average): $93K
Data points: 12
San Francisco, CA
$85K
$115K
San Francisco, CA
Median: $85K
Mean (Average): $93K
Data points: 10
Miami-Ft. Lauderdale Area
$85K
$117K
Miami-Ft. Lauderdale Area
Median: $85K
Mean (Average): $93K
Data points: 5
Washington, DC
$85K
$111K
Washington, DC
Median: $85K
Mean (Average): $91K
Data points: 7
Austin, TX*
$85K
$99K
Austin, TX
Median: $85K
Mean (Average): $90K
Data points: 3
Philadelphia, PA*
$85K
$94K
Philadelphia, PA
Median: $85K
Mean (Average): $88K
Data points: 3
Cleveland, OH
$85K
$97K
Cleveland, OH
Median: $85K
Mean (Average): $88K
Data points: 5
Minneapolis-St. Paul Area*
$85K
$90K
Minneapolis-St. Paul Area
Median: $85K
Mean (Average): $87K
Data points: 3
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)
1

The Business Analyst salary in Omaha, NE is the highest paying salary with a $147,308 average base salary. The Business Analyst salary in Melbourne, Australia is the lowest paying salary with $74,000 average base salary.

McKinsey Business Analyst Salary Compared to other Companies

Bytedance Inc.
$95K
$200K
Bytedance Inc.
Median: $195K
Mean (Average): $156K
Data points: 9
First Republic Bank
$120K
$205K
First Republic Bank
Median: $145K
Mean (Average): $152K
Data points: 20
Palo Alto Networks
$125K
$177K
Palo Alto Networks
Median: $150K
Mean (Average): $149K
Data points: 9
Apple
$82K
$271K
Apple
Median: $140K
Mean (Average): $147K
Data points: 26
Waymo
$104K
$195K
Waymo
Median: $139K
Mean (Average): $143K
Data points: 8
Chegg Inc.
$111K
$185K
Chegg Inc.
Median: $133K
Mean (Average): $142K
Data points: 14
Thumbtack
$100K
$168K
Thumbtack
Median: $142K
Mean (Average): $138K
Data points: 6
Linkedin
$86K
$173K
Linkedin
Median: $145K
Mean (Average): $137K
Data points: 26
Pimco
$116K
$161K
Pimco
Median: $135K
Mean (Average): $137K
Data points: 7
Docusign
$92K
$175K
Docusign
Median: $145K
Mean (Average): $136K
Data points: 9
Splunk
$85K
$187K
Splunk
Median: $135K
Mean (Average): $135K
Data points: 8
Gap Inc.
$87K
$161K
Gap Inc.
Median: $145K
Mean (Average): $134K
Data points: 7
Meta
$93K
$178K
Meta
Median: $134K
Mean (Average): $132K
Data points: 61
Twitter
$96K
$146K
Twitter
Median: $139K
Mean (Average): $131K
Data points: 12
Mckinsey & Company
$85K
$160K
Mckinsey & Company
Median: $85K
Mean (Average): $100K
Data points: 152
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)
1
...

The Business Analyst at Rakuten salary is the highest paying salary with a $250,000 average base salary. The Business Analyst at Parallon salary is the lowest paying salary with $41,000 average base salary.
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