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McKinsey final round to offer pass rate?

Final Round McKinsey McKinsey Final Round
New answer on Nov 17, 2020
5 Answers
6.6 k Views
Anonymous A asked on Nov 13, 2020

Just curious about what the typical conversion rate is from final round to offer - not something I can prepare for or or count on or anything, but wondering whether the big cull happens from r1 -> r2 or r2 -> offer!

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Ian
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replied on Nov 13, 2020
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

There's definitely a big cull from R1 to R2. In R2 they're more "hoping you make it".

It's obviously impossible to say, but it's larger than 10% and less than 50%.

However, this depends on the company, office, recruiting channel, and time period. For example, in the boom years and coming from an MBA + going to a low demand office, all 3 guys I met on my interview day got offers alongside me.

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Francesco
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replied on Nov 14, 2020
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi there,

The rumored number of applicants getting offers from McKinsey is 1%. The other numbers can only be estimates. It also depends on the particular period (now getting offers is more difficult due to lack of demand).

A 20% to 30% passing rate in each round is reasonable for many firms.

Best,
Francesco

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

Hello!

Only HR has those funnel numbers, the rest is pure speculation and legend.

The classic number is <1% of candidates are hired, but it´s just a saying.

Best,

Clara

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Ken
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replied on Nov 13, 2020
Ex-McKinsey final round interviewer | Executive Coach

It really depends on the office and which role you're applying for. R1 to R2 can especially vary but R2 to offer in my experience is roughly 1 in 3 or 4.

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Anonymous B on Nov 14, 2020

Ken is right. I experienced that this year applying for McK.

Gaurav
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replied on Nov 17, 2020
#1 MBB Coach(Placed 750+ in MBBs & 1250+ in Tier2)| The Only 360 coach(Ex-McKinsey + Certified Coach + Active recruiter)

Dear,

Instead of calculating the rates and spending your energy and guessing on this, I would recommend you to put your efforets into prrparation to the final round.

As an ex-Mckinsey consultant and part of recruiting team, here is my perspective:

How do these interviews with the partners differ from the first round interviews?

Every partner discussion is different and the direction the conversation takes depends on role that you are interviewing for, feedback that the partner has got from earlier rounds and of course the Partner’s personality.

However, generally it is advisable to keep the following things in mind.

1) Are the cases delivered with the same style of precision and structure as the first round?

- A lot of times, the Partner round case discussions are less structured. Partners tend to give real life case from their experience or sometimes they can also pick a situation from the candidate’s CV, make a few changes and turn it into a case.

2) Is the Fit format consistent with the PEI, or do the partners take these conversations in different directions?

- Generally, Partners will hit fewer topics but will go much deeper. So they will ask you about something and then you should expect a lot of follow on questions. They really want to understand the full story

3) Generally, what portion of the hour-long session is dedicated to the case study?

- approx. 30-40 minutes

3) What personality traits are most important to demonstrate with the partners?

See the answer below.

Keep the following things in mind while preparing for the Partner interview:

Better synthesis – Your analytical mindset has already been tested in earlier rounds. Partners would like to test your client readiness. Partners pay more attention to how you draw your conclusions, communicate your conclusions, how you synthesis etc.

Comfort with less structured case discussion – Partners love to test your creativity, out of the box thinking. Multiple times in the discussion they can ask you your opinion on the data point/clarification that you had asked, to check your business acumen e.g. you asked, what is the growth rate of our client; partner responds what number would you want to assume? or open ended questions e.g. tell me more, is there anything else?

Consistent stories and deep dives – Partners would want to know your story. They want to see whether your decision to join McKinsey is consistent with your career story. Whether the achievements you have mentioned on the CV are consistent with your project stories. Partners will drill down into your experiences and achievements to the extreme. They want to understand how you react to challenges and how you think and communicate about your past work.

Does it make sense to you?

Feel free to get in touch with me in case of further clarification/advise on this topic.

All the best!

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Ian gave the best answer

Ian

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