EXCEL Material

Hey there,

I don't believe that is necessary as others have pointed out already. If you are interested in preparing for your new role, I'd suggest the following:

When I got the offer some years ago I did the same. I reached out to people I knew in McKinsey and people who interviewed me to ask: what can I do to make the start easier? how can I prepare?

The answer from everyone was: Relax! Enjoy your time before you start and don't think about it. You will figure it out on the job. I followed that advice and it made sense to me once I joined.

When you start at an MBB there are 2 ways to learn:

1. Formal training. The formal training sessions/ weeks/ days in the beginning, are nice, however, they are more for networking and meeting your peers. You learn some interesting concepts and get some useful tips from more experienced consultants BUT
2. Constant and implicit learning on the job is where it's at. No matter if you are a newcomer or a veteran after 2 years, you will always find yourself on a steep learning curve. As soon as you barely mastered one skill or the skills needed for one level in the hierarchy, you will take care of things, which are expected from a more senior colleague. This cycle never ends. You are expected to learn on the job, learn from your colleagues, your mentors, sometimes even the client. So basically a newly promoted Engagement Manager has the same 'struggle' as a new-hire Business Analyst. They both need to work in a completely new environment and role.

Knowing that, if we now go back to square one in your MBB journey it makes perfect sense to enter the firm with a blank slate with a lot of curiosity and eagerness to soak it all up and quickly learn the ropes.

No book, no training, no coach can prepare you for your first day, your first week, your first engagement. Nothing matches the experience and the learning and this is a good thing (also the reason why ex-MBBs are valued highly on the job market).

You will learn everything you need to master while doing it. You will be thrown in the cold water and need to swim. However, your colleagues will always be happy to help you and mentor you. And for the rest, you will figure everything out along the way. The key here is always to ask for tips, shortcuts, feedback, etc. Don't be quiet if you get stuck.

Also, for every technical problem (IT, Excel question, etc) McKinsey has a Global Helpdesk and the rule is to call them for every problem you can't solve within 5 minutes. They will fix your computer, guide you through Excel formulas, etc. I am sure the others have a similar model.

Lastly, if you have no domain knowledge about a certain industry or topic, read through the internal library of documentation (which is endless) and call some of the firm experts on the topic. Usually, they are happy to offer you a short call to get you up to speed.

Don't sweat the small stuff and enjoy the ride!

Florian

Hi there,

This is indeed an interesting question which is probably relevant for quite a lot of users, so I am happy to provide my perspective on it:

• Generally speaking, if you know the very basics of Excel (I am talking about how to navigate the app), there is absolutely no need to prepare your Excel skills in advance since you will receive thorough Excel training with almost all consulting companies.
• Moreover, the by far best training will be working on-the-job, and you will always have your colleagues and mentors around you to help out in case you do not get along well in the beginning.

In case you want a more detailed discussion on what actually to prepare for your upcoming career entry, please feel free to contact me directly.

I hope this helps,

Hagen

Hi!

Yes, it is a good course. I'd also consider other free ones. There are plenty of them and the quality is usually good for beginners and intermediates.

Hope this helps.

Best,

Anto

Hi there,

If you have the time, it certainly won't hurt!

That said, there are plenty of free resources as well. 

Here are some other Q&As that might be helpful to you regarding prep + material:

https://www.preplounge.com/en/consulting-forum/what-are-some-preferably-free-online-resources-to-prepare-for-mckinsey-associate-in-2021-scientific-background-7688

https://www.preplounge.com/en/consulting-forum/is-it-worth-taking-an-online-course-on-tableaualteryx-or-is-it-better-to-focus-on-refining-excel-skills-before-mckinsey-8090

https://www.preplounge.com/en/consulting-forum/financial-modeling-skills-7079

Yes, it has what you need for MBB, but you don't really need it as you'll get that training at MBB as well.

Yep, the Wallstreet course is good.

If you are looking even more cheaper or free options, check out these threads:

• https://www.preplounge.com/en/consulting-forum/free-online-resources-to-learn-excel-basics-6946
• https://www.preplounge.com/en/consulting-forum/excel-skills-9465

Might I suggest searching YouTube for this - you might find better Excel tutorials - of a shorter duration - and free.

Do DM me - can share some links.