May 28, 2005

McKinsey on a recruitment drive in India

Leading consulting firm McKinsey & Co. is looking to increase its employee numbers in India and other Asian countries, reports Top-Consultant

McKinsey & Company is to increase its staff in Asia by 30 percent and plans to add more than 700 people in the region in the next two years, Reuters has reported.

According to the firm’s Asia-Pacific chairman, Dominic Barton, McKinsey is focusing its recruitment efforts in Japan, China and India, although it is also adding employees in South Korea and Southeast Asia.

Barton said McKinsey will add more than 350 people in the region this year and that next year the hiring will reach similar levels. He added that this represents year-on-year growth of about 30 percent, the level at which McKinsey had been growing regionally.

To further develop local talent, the firm has set up a program mainly focused on hiring Chinese students, giving them 6 months of English training and then sending them on 2-year stints in Frankfurt and New York. The program has about 40 consultants in Frankfurt and 15 in New York, Barton said.