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Preparing for the 1st round of interview - Functional Expertise

Experienced Hire McKinsey
Neue Antwort am 1. Sept. 2023
5 Antworten
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Rothut fragte am 14. Aug. 2023

Dear All,

I am invited for the first round of interview which apparently consists of evaluation of (1) Functional Expertise and (2) Problem Solving Case. 

While I understand that for the Problem Solving Case is a business case (structuring, frameworks, hypothesis etc) I am not sure what to to expect in the Functional Expertise part. Given the ABS (always be structured) philosophy I would like to make sure that I am adequately prepared for the Function Expertise part. Could you please through some light on what to expect there.

For context, I am interviewing at McKinsey within the Product Development and Procurement Practice (R&D service line) for an expert role and will be on the Expert Partner track. 

Thank you for you responses!

(editiert)

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Andi
Experte
antwortete am 15. Aug. 2023
BCG 1st & Final Round interviewer | Personalized prep with >95% success rate | 7yrs coaching | #1 for Experienced Hires

Hi there,

by functional expertise, they usually mean that you really know the domain you're hired into from a content standpoint, i.e. be a subject matter expert (SME). This typically entails…

  • Strong, general business accumen
  • Actual understanding of how things in this function are usually done in industry
  • Experience in the areas that McK's service line covers

To prepare for that, i'd suggest you…

  1. First of all, understand the specific scope of the service line - can usually be found on the comp website
  2. Read McK (and BCG) publications in the field to understand their latest thinking on those topics + recent case studies / projects
  3. Research more broadly on key players , cost structures, common pain points, macros trends etc
  4. Learn on how emerging technologies are impacting the space (e.g. AI, Blockchain, Industry 4.0, etc etc) and what common use cases are being developed to solve contemporary problems

This will typically give you a good foundation content-wise.

Feel free to reach out for more specific advice. 

Hope this helps.

Regards, Andi

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Ian
Experte
Content Creator
antwortete am 15. Aug. 2023
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi Rothut,

Ultimately, for functional expertise you need to demonstrate that you have the knowledge and experience on this subject matter (product development and procurement)

In addition to that, you need to demonstrate this with clear, organized, and concise communication.

To perform well you need to:

  1. Build business acumen/subject matter expertise
  2. Have strong frameworking + structured thinking/communication ability
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Benjamin
Experte
Content Creator
bearbeitete eine Antwort am 14. Aug. 2023
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer

Hi,

Thanks for asking this question. Some clarification points would be helpful for us to give a POV.

 Is this a ‘traditional’ role (e.g. functional meaning traditional functions like pricing, procurement etc) or is this a digital role (e.g. BCG X equivalent)? 

And I assume this partner is kind of like BCG ‘partner’ (non-equity), and not equity partner role?

 

(editiert)

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Rothut am 14. Aug. 2023

Thanks for pointing this out. Just updated the question with more information :)

Sophia
Experte
antwortete am 1. Sept. 2023
Top-Ranked Coach on PrepLounge for 3 years| 6+ years of coaching

Hello,

The additional piece you would need for the Functional Expertise part is precisely in the name – it’s the expertise itself. For generalist positions, you are typically not assessed on your business knowledge and understanding of various industries. By contrast, for expert roles you will need to demonstrate a thorough understanding of your field of expertise – in your case, product development.

Most candidates for such positions would have acquired some functional expertise from their previous job, so in that sense you may not have to prepare in the same way if you’ve worked in procurement already. However, it is still always helpful to read up – I think Andi’s suggestions for reading up on the scope of the service line, as well as firm and industry expertise is spot on in that field.

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Cristian
Experte
Content Creator
antwortete am 18. Aug. 2023
#1 rated MBB & McKinsey Coach

Hi there!

The functional expertise / technical interview at McKinsey is specific for those who apply on the expert track. 

Basically, you'll need to demonstrate that you have specific functional knowledge in that field.

With previous candidates, they either had a Q&A on the topic to test their knowledge OR they had an actual business situation that was functionally drivena and they had to comment on OR they had to provide stories of them showing their expertise in the past. 

Regardless, I'd recommend you also reach out directly to the recruiter and ask for more details on the format of the interview. 

This will allow you to be more targeted with the prep. 

Best,
Cristian

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