The REAL Cost of a McKinsey Consulting Project

Consulting projects are known to be very expensive. But how much does a consulting project with McKinsey, BCG, or Bain actually cost?
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Timestamps:
00:00 Intro
00:34 Model 1: Time & Material
02:25 Model 2: Performance-based
06:31 Model 3: Equity partnership
07:39 The actual cost of a project
12:11 Firm comparison
#consulting, #mckinsey, #caseinterview, #consultant, #consultingfirm, #consultinglife, #case, #casestudy, #interviewquestions, #interviewprep, #bcg, #bain, #consultingprojectprice

[@smallbluemachine]

The more expensive the consultancy the more justified management feels that it was the right investment, regardless of the outcome.

[@georgekrax]

Very helpful!

[@3aloyforever]

you also have to consider how well connected these consulting companies are, eg. Sundar Pichai and Benjamin Netanyahu both worked at McKinsey at some point, so there will always be a connection that these consulting firms will be able to provide.