Is there any one pls, who can tell me on how to prepare for first round interview of YLP at McKinsey

McKinsey YLP
New answer on Mar 10, 2021
6 Answers
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Anonymous A asked on Mar 08, 2021

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Ian
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replied on Mar 08, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

First, good luck!

Second, the most important thing here is narrowing down the noise. There is a lot of content flying around, and you need to work hard to focus on what's important (much like when solving a case).

I recommend the following:

1) An initial planning session with a coach: 1 hour with a coach now will have a productivity multiplier effect on all your efforts moving forward. They will figure out what materials are best for you, guide you towards the best ways to learn, and come up with a preparation plan with you.

2) Leverage free resources first: PrepLounge Q&A and case library, Poets and Quants, SpencerTom, Google, etc.). Leverage these options, read-up, and over time you'll get a feel for what you really need and where you really need to invest your hard-earned $

3) Case with other PrepLoungers: Casing with other PrepLoungers is free. Not only do you get to practice casing, but you get direct feedback. Additionally, you learn a lot just from casing others. Finally, from other PrepLoungers you'll learn which materials/coaches are helpful.

In summary, while free options don't beat paid options, you can use them for a while to get a feel for what works for you. Have an initial coaching session to get you on the right track, then go the paid route when it's clear either 1) You are stuck or 2) It's clear the paid route will improve your productivity/progress

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Luca
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replied on Mar 08, 2021
BCG |NASA | SDA Bocconi & Cattolica partner | GMAT expert 780/800 score | 200+ students coached

Hello there,

Interviews with consultants will be standard case interview, that you can approach following the strategy below:

• Read the Case in Point (Cosentino) in order to get a first approach with the Case interviews
• When you have read most of it, start doing cases on yourself practicing with frameworks, math and structure of the interview.
• Practice with other people (candidates/coaches)
• Read specific chapters of the Case Interview Secrets
• Listen to the recordings of the LOMS program

While you are practicing for your cases, you have to consider also some time to prepare your Fit Interview that is a fundamental part of the interview.

Feel free to contact me if you want to have some help to stucture your workplan.

Best,
Luca

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Florian
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replied on Mar 09, 2021
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets

Hey there,

Congrats on the opportunity to interview with McK! Here is my advice on structuring your prep, specifically for McKinsey:

1. Read up on what is expected of you during the interview (McK career website offers some useful materials and videos to familiarize yourself with the type of interviews they are doing).

2. Practice the McKinsey sample cases on their website to get a feel for their focus on creative, non-standard, and interviewer-led cases and their 3 question types (structure, exhibit, math).

3. Hire a coach for one baseline session. You want to make sure to maximize what you get out of your preparation efforts early on to not waste any time.

The latter covers several points:

  1. Establish a baseline score of your performance, which should be the guiding principle throughout your preparation journey
  2. Create a tailored plan to elevate bad areas to good areas and good areas to excellent areas (with dedicated exercises in-between sessions and tailored case and personal fit sessions) based on the actual evaluation criteria of MBB
  3. Teach you the correct habits and mindset right from the start so you can practice internalizing proper methods early on (and avoid learning wrong habits or faulty thinking that you would need to unlearn later on)
  4. Set you up effectively for practice with peers as well as alone to strengthen your performance right from the start
  5. Focus on what really matters, leaving out the noise that is floating around that once was relevant but no longer is, materials created by people who never saw a McKinsey office from the inside, perpetually repeated wrong advice that will hurt your performance, etc.

4. Work on cases with peers, practicing the approach and structure learned. It is important you stick to interviewer-led cases during your practice and that the cases cover the actual McKinsey question types.

5. Work on the exercises recommended by your coach to improve on your own.

6. In steps 4 and 5, build your skills: Elevate your performance in areas of weakness to become at least solid and robust in your approach and methodology; elevate your performance in areas you already feel comfortable to an excellent level. That way, you make sure to establish spikes in some areas of the case and have a solid methodology and approach in others, which will result in a well-balanced candidate profile and interview performance. That way, you can also make minor mistakes during the real case interviews, which will not hurt your outcome. For instance, if you struggle with math, there is no excuse not to devote 2 hours a day for weeks to work through math drills and calculation exercises. At the same time, you can devote 1-2 hours a day to structuring or chart interpretation exercises or full case interview drills.

7. Consider sprinkling in professional coaching sessions every now and then to calibrate your performance, get honest feedback, and effective advice on changes to your prep strategy, and plan

If you want to fast-track your McKinsey interview preparation, I am happy to help. I developed this program to fast-track your McK interview preparation and elevate your chances to pass significantly: https://www.preplounge.com/en/profile.php?id=337437#coaching-package



All the best!
Cheers,
Florian

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Clara
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replied on Mar 10, 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hi there!

The good part here -particularly if you have been practicing the "classics"- is that some of your interviewers are going to be generalist consultants and hence it´s going to be the same process.

For which, I recommend you:

1. Practice cases with partners asap, as many as you can do.Find experienced partners who can provide a good feedback

2. Practice your math skills, both in your cases and with ad hoc exercisess, such as:

  • 1. ​Multiplying double digit numbers (https://www.youtube.com/watch?v=6ndkkPZYJHo
  • 2. Leveraging math tools (Mimir math for iOS), Math tool on Viktor Cheng website to practice

Furthermore, you should practice as much as you can, and ensure that you cover:

1. Profitability cases- basic profitability framework.

2. Idea generation cases: for any specif issue

3. Growth cases: market penetration, new product launch, product mix change, etc.

4. Pricing cases

5. M&A cases

6. Valuation cases

7. Value chain cases

Of course, you can also consider working with a coach to foster speed and ensure you have a tailored plan to be very targeted. PM me interested!

Hope it helps!

Cheers,

Clara

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Gaurav
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replied on Mar 09, 2021
Ex-Mckinsey|Certified Career Coach |Placed 500+ candidates at MBB & other consultancies

Hi there,

Congratulations on the interview with McK!

Here’re some advices on your preparation:
1. Make a research of what is expected from you during an interview (there’re some materials on McK website).
2. Practice cases. As much as possible
3.Book a session with a coach. It can help you to make the preparation process faster and to not waste any time.

If you need any help, let me know.

Cheers,
GB

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Anonymous B replied on Mar 09, 2021

Is this Nigeria. Also, did you do the Imbellus game? How long before you got feedback after the game and then invite for the interview?

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Ian gave the best answer

Ian

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