Interviews via referral

HelpASisterOut MBB Referral
New answer on Feb 28, 2021
10 Answers
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Anonymous A asked on Feb 04, 2020

What do you think? What is the percentage of interviews that are granted through a referral?

thanks!

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Anonymous replied on Feb 04, 2020

Hi there, I think a good referral is always a good chance to skip many steps in during the CV screening process. I always suggest to contact a friend inside the company to ask a referral.

Of course, you should have a CV aligned with the company standard.

Feel free to contact me in private,

Ale

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Nathaniel
Expert
replied on Feb 16, 2020
McKinsey | BCG | CERN| University of Cambridge

Hello there,

Referrals forms a priority list within the recruitment pipeline of consulting firms. As such, the majority of the referrals will made its way into PST / interview phases (over 70-80% in APAC), as the HR team put trust on consultants evaluation of the candidates that they refer.

Essentially, it will allow the candidate to skip over the long queue of CV screening and go immediately for the PST test or interview, depending on the role that they are qualified for.

Kind regards,
Nathan

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Gaurav
Expert
Content Creator
replied on Feb 28, 2021
Ex-Mckinsey|Certified Career Coach |Placed 500+ candidates at MBB & other consultancies

Hello,

I can`t tell you a percentage, but a referral can be a great instrument that helps you secure an interview invite.

However, it is not a 100% guarantee that you eventually get an offer because some points and effort must be given from your side as well.

The question is: How much do you really want to get the job? Of course, it is better to provide yourself with a referral for the targeted firm. Otherwise, you can not even get invited.

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GB

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Emily
Expert
Content Creator
replied on Sep 01, 2020
BCG Project Leader | 3+ years interview experience for BCG SEA recruiting | Kellogg MBA, NTU, Peking University

Referral can help improve your chance for sure. But candidates need to be clear of 2 points also: (1) Your CV/resume still need to be up to standard. If your CV/resume fails, referral might not be able to save you from being filtered out (2) Who refers you makes a big difference. When junior consultant refers you, your file could still go into the screening batch. When senior people refers you, then it can potentially lead to an interview directly. It is always good to have referral compared to no referral, since there is no down side. But it is not 100% guaranteed you'd get interviewed, depending on the above 2 factors.

Best,

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Ian
Expert
Content Creator
replied on Feb 06, 2020
BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep

Honestly, it's pretty important (but not must-have). Regardless, you can't change this and the answer is hypothetical and company/city specific. Instead of worrying about this, just focus your energy on getting those referrals! There's no cost!

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Anonymous replied on Feb 05, 2020

Hey A,

First of all, I need to say that referrals are absolutely essential in order to maximize your chances of being invited to the real interview.

I have already helped many candidates with referrals to get their invites and, consequently, turn them into job offers. One of my mentees just thanked me on Monday - he got an offer and decided to join Strategy & Dubai.

I would like to explain you the mechanics how referrals usually work:

My mentee sends me the documents (CV and cover letter) for a specific company.

I have a very wide network of friends, former colleagues and ex-mentees on high positions in consulting (partners, principals and managers) across the world. I chat with them individually praising your competences and skills. Afterwards, I ask them to follow your documents on their behalf directly to their HR ladies while putting a word for you.

In that way you may get your “partner referral” which normally brings you in the pole position for the interview. You may compare it to “skipping the line for business class” at the airport.

If you have any questions or need help to get interviews and convert them to offers, just let me know ?

Best,

André

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Antonello
Expert
Content Creator
replied on Feb 05, 2020
McKinsey | MBA professor for consulting interviews

Hi,
it strongly depends on the office. E.g. NYC, SF and London more than 80% of the interviews pass through referrals. In most of the other offices, it's not strictly needed (of course it helps).

Best,
Antonello

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Francesco
Expert
Content Creator
replied on Feb 05, 2020
#1 Expert for Coaching Sessions (3.600+) | 1.300+ Reviews with 100% Recommendation Rate | Ex BCG | 8+ Years of Coaching

Hi Anonymous,

there are too many variables that can influence the percentage of successful referrals in an office:

  • Type of office – some offices are more competitive than others, even if you have a referral
  • Strength of the connection with the person offering a referral – if you know well the person he/she could follow-up with HR/try to underline your points of strength more
  • Position of the person offering a referral – partners referrals are more effective than analysts ones

Even without knowing the exact percentage though you should always try to get a referral as this increases the probability without downsides. You can find more on referrals at the following link:

https://www.preplounge.com/en/consulting-forum/hey-everyonehope-all-is-well-3176

Best,

Francesco

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Vlad
Expert
Content Creator
replied on Feb 04, 2020
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi,

It really depends on the office. In New York or London, chances are high that they will not even check your resume without a referral

But nobody knows the rates other than HRs

Best

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Clara
Expert
Content Creator
replied on Feb 04, 2020
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

Do you mean, how many of the total interviews that happen in MBB come via referral?

To be honest, I don´t think anyone outside HR can answer that.

However, how is it relevant? Wouldn´t it be better to know how many of the referrals do indeed get an interview? (since what you are trying to measure, I asume, is how effective it is to have one). Unfortunately, don´t know either.

Best,

Clara

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