McK first round interview

McKinsey
New answer on Jul 15, 2020
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Anonymous A asked on Dec 06, 2016

Hi everybody!

Can you please share your experience or knowledge about first round interview at McK? I am applying for fast track internship. What should I pay additional attention to on case interview part and PEI part?

Thanks

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Raj
Certified
replied on Dec 12, 2016
Preparing for McKinsey - Looking for Practice Partners irrespective of case experience :)

Hi there!

I have done couple of interviews with McKinsey and happy to share my experiences with you. It’s typically an hour long interview divided into three sections:

  1. Personal Experience Interview (PEI); 5-20 minutes
  2. Interviewer-led Case Study; 25-30 minutes
  3. Questions for the Interviewer; 5-10 minutes

Below are my experiences and suggestions for the three sections:

1. PEI: In all my interviews with McKinsey, the PEI section took on average 20 minutes. That said the length of this section can vary depending how interesting, engaging and structured your answers are. More often than not you’ll be asked the following three questions: (i) Tell me about yourself (ii) Why Consulting & McKinsey (iii) Wild-card questions such ‘Define Leadership?’, ‘Where do you see yourself in 5 years?’, ‘Have you ever failed at anything?’ and etc. The first two questions are quite straight forward but, keep in mind they need to be punchy, structured (e.g. three reasons why I want to be a consultant at McKinsey are…) and concise (not more than 2 minutes each). Regarding the wild-card questions, you should ask your interviewer for a moment to structure your thoughts. A good way to structure your thoughts and answer the question is to use the S.T.A.R. method i.e. clearly state the Situation, describe the Task(s), elaborate on the Action(s) you took and finally list the Result(s).

2. Interviewer-led Case Study: This section usually takes 25-30 minutes. The interviewer will walk you through a business situation and will give you some information and facts about the situation and the company. You’ll then be asked 3-4 follow-up questions. That said, view the case in the following manner:

  • Opening: Once the interviewer has walked you through the case, take a moment to gather your thoughts and briefly summarize the case for and verify the objective of the firm with your interviewer. Furthermore, you should ask clarifying questions on terminology, units of measurements, other facts and etc. If there is any doubt or confusion with the case, now is the time to bring it up. Once the interviewer is satisfied by the summary and has answered your clarifying questions, you should identify the problem type (profitability, new product, growth strategy and etc.), match it to an appropriate framework, describe the key components of the framework and finally draw the framework. It is best not to explicitly match the problem to known frameworks such as BCG matrix, Porter’s five forces, McKinsey’s 7-S Framework and etc. Nevertheless, you should bring out the most relevant aspects of the known frameworks and tailor it to the problem.
  • Analyzing: After establishing a framework to solve the case, you’ll be asked follow-up questions. Before every follow-up question you should always take a minute or two to gather and structure your thoughts. In these questions it’s very important to engage your interviewer as much as possible thereby, before tackling the question you should walk the interviewer through your hypothesis (educated guess) and approach i.e. picking a branch within your framework and explaining its components. Through this process, you’ll realize you don’t have all the information and facts to answer the question, which in turn will help you ask relevant data gathering questions. There are two standard questions you can ask while collecting data: (i) Critical comparison of numbers (e.g. how is the company performing vs. competitors?; company’s current year performance vs. previous year?) (ii) Segment your numbers (e.g. what are the company’s sales figure per product line or geographical region). As you get more data and information, you’ll be able to gauge whether to go deeper down a branch or go up a level and explore another branch in the framework. In short, you should refine your hypothesis as and when you discover new insights. Same steps will also work for solving numerical questions. Before and while doing your calculations engage your interviewer and walk her through each and every step. Finally, bear in mind that your answers should be mutually exclusive and collectively exhaustive (MECE) and you should be able to imply what it means for the company.
  • Closing: It’s always a good habit to jot down the conclusion or key insights after every follow-up question. This process will help in answering the final question where the interviewer asks you to wrap-up and offer recommendations. You should offer your point view or conclusion backed by relevant data points, which should then feed into a few actionable recommendations. This should not take more than a minute.

3. Questions for the Interviewer: Here you can ask standard question to the interviewer such as ‘Why did you choose consulting?’, ‘What is your typical day at work?’ and etc. These are all good questions but, you should go an extra mile and research McKinsey’s though pieces (sign up to McKinsey Insights newsletter), look up your interviewer’s LinkedIn profile and google her recent work, and read up on global and regional economic trends.

Final thoughts, always take a moment to gather and structure your thoughts no matter how easy the case may seem. And, while solving your case think out loud and engage your interviewer. Lastly, smile often and don't be shy to admit your mistake or ask for help (limit it to once or twice!).

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Originally answered question:

McK first round interview

Francesco
Expert
Content Creator
replied on Dec 07, 2016
#1 Coach for Sessions (3.700+) | 1.300+ 5-Star Reviews | Proven Success (www.case.tools/results) | Ex BCG | 8Y+ Coaching

Hi Anonymous,

A good preparation for a consulting interview will likely move through the following areas:

  1. General understanding of the process: get a general idea on what a consulting interview is about
    • Resources: Case In Point, Victor Cheng free videos, PrepLounge Resources section
  2. Learning structures and main fit questions
    • Resources: Case in Point, Victor Cheng Look Over My Shoulder, MBA Handbooks, PrepLounge Resources section, Expert sessions
  3. Practicing with live partners to apply knowledge and improve communication
    • Resources: PrepLounge P2P interviews, friends preparing for consulting
  4. Final review for clearing mistakes
    • Resources: PrepLounge P2P interviews (experienced users), friends working in consulting, Experts sessions

As for the preparation, you may want to follow the usual steps for case interviews, preparing on:

  1. Fit questions (eg Why do you want to work for our company?)
  2. Cases (eg Our client is a commercial bank losing money, how would you increase profits?)
  3. Your questions at the end for the interviewer.

As for the McKinsey interview per se, I have recently replied in another post with some information on the first round, you can find the answer at the below link:

https://www.preplounge.com/en/consulting-forum/mck-first-round-interview-336

Hope this helps,

Francesco

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Ben
Certified
replied on Dec 17, 2016

McKinsey Interview Experience

I interviewed for McKinsey’s first round at their San Francisco office, for an Automotive and Aerospace Implementation position.

The position is part of a relatively new but growing (fastest growing group within McKinsey) Implementation group which focuses on actually implementing the solutions that the strategy team develops. They are typically looking for people with experience managing others and implementing change in industrial, engineering, manufacturing and other similar environments… they tendto have a little more experience, and that experience tends to be more hands-on, than the typical MBB consultant.

That said, the interview process is effectively the same. As others have posted, after the 30 minute phone interview (which no one on this site should tress about), I was invited to a first-round interview with the Implementation practice. My interview consisted of 2 hour long interviews, the first of which was with an Engagement Manager and the second of which was with a Principal who had about a year on the team. The principal had a similar background to me (aerospace, big defense contractor); while the manager’s background was different (forget what it was). Both happened to be on-site, and both were in the Implementation practice, though you shouldn’t assume this will be the case.

In both cases there was a short discussion followed by 25 minutes of fit and 25 minutes of case. The cases were relatively straightforward, and the fit questions were straight out of the well-known McKinsey playbook (impact; difficult situation, leadership, etc).

Case-wise: One was about the economics of a newly developed product for a truck, which reduced air resistance and thus improved gas mileage, such as how much value it created and how to price it. Questions included the typical “how would you go about the problem” starter, to determine how much value it might create, what kind of issues the producer of the product might face when selling it, and ultimately how to price it and justify it. The second was about a company with 3 food production facilities, two in Turkey and one in SE Asia, which had different processes. There was some sort of global feed shortage, which impacted one site and not the others, so you had to figure out the impact and several solutions.

I wasn’t given a ton of detailed feedback, though I was told that my synthesis wasn’t good enough. I’d also advise that while you make sure you occasionally smile, ensure that you keep your demeanor very professional and serious throughout. I have a tendency to try to connect with interviewers with humor and while in some firms it is acceptable (/probably a good idea), I don’t think it helped me at McKinsey. Specifically, coming out of the interview I felt I connected very well with the Principle (based on background, and he was closer to my age and he seemed more easy going and my style during), but my feedback was that the Engagement Manager (who I felt I didn’t connect with at all) was higher on me than the principle was. But part of that can probably be chalked up to simple interview-to-interview variability.

The implementation practice had appealed to me because I have a lot of hands-on experience, a technical/engineering background, and have implemented change at big organizations. That said, in retrospect, I might recommend that you pursue the more standard generalist positions at McKinsey if you don’t have experience managing production lines, being responsible for a major supply chain, managed an engineering/product team or something along those lines. Having management experience isn’t a must for implementation, but its close.

If you have any other qeustions about the implementation practice, feel free to reach out

Ben

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Neil on Feb 09, 2017

Hi Ben. May I know why one should not stress about the phone case interview? Is it any different to the 1st round interview?

(edited)

Originally answered question:

McK first round interview

Anonymous D replied on Dec 09, 2016

Hi
My first round at McKinsey consists of two rounds with a partner each. Each
round consists of:

1. Fit questions are always first (sometimes partners have traveled a
lot before they interview you, thus they might seem slightly aloof,. Don't
get unsettled by this, its up to you to engage them and make them feel that
you are a great person to work with and can be put in front of client)
2. 35 minutes of case (1st round cases are pretty straightforward)
3. 5 minutes for your own questions to the interviewer (they are really
looking for honest, non-pretentious questions about McKinsey, so don’t go
with the mindset of trying to impress them with the questions, they don’t
like it)

The case is interviewer led, so you have to be pretty comprehensive in the
beginning when you are presenting your framework, you can’t really go back
to it from there, so make sure this first step is done correctly and covers
all the relevant points!

- Introduction: Explain to the interviewer, a brief summary of the case,
try not to do literally verbatim but ensure that you cover the essential
grounds
- Structure: here you should really think about the specific case and
not try to fit any framework just for the case, it’s very easy for them to
ding you JUST FROM THIS! Can explain why your framework/thinking would be
pertinent to this particular firm/industry
- Graph analysis: Flow: point out obvious parts, then explain what it
implies and what does this implication mean overall to the case objective
- Math: Talk through it slowly, get into the mentality of a math teacher
teaching a student
- Sum up: Practice those 30 seconds type conclusions to hone your
summarizing of conclusion into concise form.

They would also consider your body language and style of communication,
always present yourself as calm, composed (try not to be too loud or free
with the hand gestures) and PROFESSIONAL.

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Anonymous C replied on Mar 21, 2019

Hello, would you mind to give a update about the phone interview?

Thanks!

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Robert
Expert
Content Creator
replied on Jul 15, 2020
McKinsey offers w/o final round interviews - 100% risk-free - 10+ years MBB coaching experience - Multiple book author

Hi Anonymous,

Many things already have been answered - for the McKinsey PEI part, PrepLounge recently published a specific guide on that. It's essentially an excerpt from my Ultimate McKinsey PEI Prep ebook, which you can find directly here on PrepLounge: https://www.preplounge.com/en/shop/tests-2/the-secret-mckinsey-pei-cheat-sheet-42.

It covers all important aspects to consider in your PEI, in how to best structure your PEI stories - in short, everything you need to know on that subject to succeed.

Hope that helps - if so, please be so kind and give it a thumbs-up with the green upvote button below!

Robert

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Anonymous replied on Jul 15, 2020

Hi A,

Interview consists of 3 parts - FIT questions, case solving, your questions to the interviewers.

Both parts - FIT and case are equally important. So pay to them attention.

Since experts is nicely explained everything in details, I just want to add, that:

* reading books it's not your full preparation - so fin peers to practice it.

* excellent performance on the interview is not something inachievable - you just need to right a proper guidelines and experienced coach.

Wish you best of luck,

André

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Clara
Expert
Content Creator
replied on May 15, 2020
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

On top of the insights already shared in the post, next week will be pusblished in PrepLounge´s Shop material related.

In concrete, the "Integrated FIT guide for MBB". It provides an end-to-end preparation for all three MBB interviews, tackling each firms particularities and combining key concepts review and a hands-on methodology. Following the book, the candidate will prepare his/her stories by practicing with over 50 real questions and leveraging special frameworks and worksheets that guide step-by-step, developed by the author and her experience as a Master in Management professor and coach. Finally, as further guidance, the guide encompasses over 20 examples from real candidates.

Here I leave you the link > https://www.preplounge.com/en/shop/tests-2/integrated-fit-guide-for-mbb-34

Feel free to PM me for disccount codes!

Hope you find it useful!

Best,

Clara

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Originally answered question:

McK first round interview

Anonymous replied on Dec 09, 2016

Thank you for your help. I am finding it incredibly difficult to organise myself over my notes at the moment as I'm being bombarded with infromation and there is a lot of overlap, expecially considering I only had about 2 weeks to beigin preperation and now 9 days left.

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