Read this somewhere once. That apparently Europe offices of McK are not using market sizing cases/estimations
Read this somewhere once. That apparently Europe offices of McK are not using market sizing cases/estimations
expert
Expert with best answer
Is it true that McKinsey offices in Europe tend to not use estimations in their interviews?
8 answers
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).
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!
(edited)
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.
Bain London have 1 interview which is a stand alone market sizing interview — on Nov 24, 2020
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
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
Hi,
That's simply not true, they are using market sizing cases
Best
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
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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