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Is it true that McKinsey offices in Europe tend to not use estimations in their interviews?

BCG estimation Market sizing McKinsey
Neue Antwort am 30. Dez. 2020
8 Antworten
1,3 T. Views
Anonym A fragte am 23. Nov. 2020

Read this somewhere once. That apparently Europe offices of McK are not using market sizing cases/estimations

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Ken
Experte
antwortete am 24. Nov. 2020
Ex-McKinsey final round interviewer | Executive Coach

It depends on the office where you are right that some offices often don't test basic market sizing/estimations. Having said that, it's a skill that is complementary to solving a case and so I would be prepared by familiarising yourself with different approaches (e.g., top-down vs bottom-up).

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Ian
Experte
Content Creator
bearbeitete eine Antwort am 24. Nov. 2020
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Doesn't sound right. Furthermore, if I told you they don't use them that much, would you not prepare it?

McK doesn't tend to ask "Why McKinsey". Does that mean you shouldn't prepare for it?

Absolutely not! Be ready for anything. Don't rely on rolling the dice of something "likely not happening" if you know already that it could happen!

(editiert)

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Anonym antwortete am 24. Nov. 2020

MBB are typically not using market sizing questions as standalone cases. Exceptions might be interviews for business courses, networking weekends, these kind of smaller things. But even in larger business cases market sizing might be one aspect of the case, to you'll need to prepare for them.

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Anonym B am 24. Nov. 2020

Bain London have 1 interview which is a stand alone market sizing interview

Sidi
Experte
antwortete am 24. Nov. 2020
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers

Hi!

Nowadays, estimations/market sizings are not used very often in McKinsey's mature markets (Germany, UK, Switzerland, etc.). Here, you will rather get larger business situations or standalone brainstorming questions. But in Emerging Markets (including Eastern European Offices!), McKinsey still uses the classical estimation / market sizing questions on a more frequent basis.

Cheers, Sidi

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Francesco
Experte
Content Creator
antwortete am 24. Nov. 2020
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi there,

Market sizing questions are not very common at McKinsey but it doesn't mean you cannot find them in interviews. I personally helped candidates who got estimation questions with McKinsey in Europe.

Best,

Francesco

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Vlad
Experte
antwortete am 23. Nov. 2020
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi,

That's simply not true, they are using market sizing cases

Best

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Antonello
Experte
Content Creator
antwortete am 30. Dez. 2020
McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching

Hi, definitely! I would like to suggest similar cases in the platform to practice with:

  • https://www.preplounge.com/en/consulting-forum/how-much-would-you-charge-to-clean-all-the-windows-in-seattle-4965
  • https://www.preplounge.com/en/consulting-forum/market-sizing-milk-consumption-5087
  • https://www.preplounge.com/en/consulting-forum/how-would-you-calculate-the-value-of-a-cow-4982
  • https://www.preplounge.com/en/consulting-forum/estimate-number-of-traffic-lights-in-a-london-5692

Hope it helps,
Antonello

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Gaurav
Experte
Content Creator
antwortete am 24. Nov. 2020
#1 MBB Coach(Placed 750+ in MBBs & 1250+ in Tier2)| The Only 360 coach(Ex-McKinsey + Certified Coach + Active recruiter)

Actually, they are still being used, usually not in form of a pure case but included into others. The fact that they may be uncommon shouldn't desorient you, being prepared for that type of a case is still important.

Do you need any help with that?

GB

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Ken

Ex-McKinsey final round interviewer | Executive Coach
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