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Consulting Q&A

Consulting Q&A – Ask Questions about Your Career

In this overview, you will find all the questions asked so far by the PrepLounge community. Anyone can ask questions and write answers. Our coaches are also happy to share their expertise. If you like an answer, give it an upvote so that it rises to the top. Here you can also find our guidelines and FAQs for the Consulting Q&A.

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McKinsey 1 round interview PEI

BCG McKinsey McKinsey casing summer internship
Most recent answer on Mar 31, 2024
The best answer (on Mar 31, 2024) is from:
Cristian
Expert
#1 rated MBB & McKinsey Coach
Cristian
Expert
 gave the best answer on Mar 31, 2024
#1 rated MBB & McKinsey Coach
Specifically on the PEI - yes, you should have different stories for the interviewer.  No need to prepare upfront the stories that you'll need for both rounds, so focus on the first one first and then create more storie ... (read entire answer)
10
Answers
2.6 k
Views
14
Total Upvotes
on Mar 31, 2024 on Mar 31, 2024
Last Activity

Mckinsey Case interviews

McKinsey mckinsey 1st round interview McKinsey casing summer internship Mckinsey middle east
Most recent answer on Feb 29, 2024
The best answer (on Feb 19, 2024) is from:
Florian
Expert
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets
Florian
Expert
 gave the best answer on Feb 19, 2024
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets
Hi there, You can find more information about McKinsey interviews here based on the articles I wrote for PrepLounge (not sure who Eric is?) McKinsey Case Interview Personal Experience Interview What is important to know ... (read entire answer)
8
Answers
284
Views
70
Total Upvotes
on Feb 29, 2024 on Feb 29, 2024
Last Activity

Informational Interview Winning Strategy/Diversity/Research

Bain BCG Mck McKinsey casing summer internship RolandBerger
Most recent answer on Oct 31, 2023
The best answer (on Oct 18, 2020) is from:
Robert
Expert
McKinsey offers w/o final round interviews - 100% risk-free - 10+ years MBB coaching experience - Multiple book author
Robert
Expert
 gave the best answer on Oct 18, 2020
McKinsey offers w/o final round interviews - 100% risk-free - 10+ years MBB coaching experience - Multiple book author
Hi Anonymous, Unfortunately there is no single bullet-proof way to ensure any reply. However, without understand the global big picture of your profile it's hard to comment - but based on your description it looks lik ... (read entire answer)
6
Answers
1.1 k
Views
54
Total Upvotes
on Oct 31, 2023 on Oct 31, 2023
Last Activity

Is there a trick to quickly estimate the average annual growth percentage / to or total compounded growth, without a calculator? i.e. X will grow with 5% for the coming 10 years.

Bain BCG Calculation tips Case Calculations Case Interview case interview preparation compounded growth GMAT MathSkills IB Math problem Mck McKinsey McKinsey casing summer internship mental math percentage growth
Question edited on May 06, 2021
The best answer (on Apr 02, 2018) is from:
Vlad
Expert
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Expert
 gave the best answer on Apr 02, 2018
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Hi, You can use the rule of 72. For example, if you know the revenue will grow from 100M to 400M in 12 years and you need to know the CAGR: 100M will double and grow to 200M in 6 years CAGR = 72 / 6 / 100 = 12 ... (read entire answer)
8
Answers
25.8 k
Views
22
Total Upvotes
on May 06, 2021 on May 06, 2021
Last Activity

McKinsey Transformation Career Path

BCG McKinsey McKinsey casing summer internship
Most recent answer on Mar 05, 2021
The best answer (on Mar 01, 2021) is from:
Ken
Expert
Ex-McKinsey final round interviewer | Executive Coach
Ken
Expert
 gave the best answer on Mar 01, 2021
Ex-McKinsey final round interviewer | Executive Coach
The best thing is for you to speak with McKinsey Transformation consultants from your specific office/region as it can really vary. In response to your specific questions: 1. Your work will be largely execution/implem ... (read entire answer)
4
Answers
2.1 k
Views
28
Total Upvotes
on Mar 05, 2021 on Mar 05, 2021
Last Activity

Do you hear back from McKinsey if you don't get invited for an interview?

McKinsey McKinsey casing summer internship
Most recent answer on Feb 28, 2021
The best answer (on Jan 15, 2019) is from:
Guennael
Expert
Ex-MBB, Experienced Hire; I will teach you not only the how, but also the why of case interviews
Guennael
Expert
 gave the best answer on Jan 15, 2019
Ex-MBB, Experienced Hire; I will teach you not only the how, but also the why of case interviews
Feel free to call Recruiting to know for sure. You may not always hear back if you aren't invited, but definitely ok to contact them.
5
Answers
4.1 k
Views
2
Total Upvotes
on Feb 28, 2021 on Feb 28, 2021
Last Activity

Should I apply Mck Summer Intern?

Actively preparing for Mckinsey & AT Kearney internship McKinsey casing summer internship
Most recent answer on Jan 23, 2021
The best answer (on Jan 22, 2021) is from:
Gaurav
Expert
#1 Career Coach for Aspiring, Practicing & Ex-Consultants|The Only 360° Coach - Ex-Mckinsey, Certified Coach & Recruiter
Gaurav
Expert
 gave the best answer on Jan 22, 2021
#1 Career Coach for Aspiring, Practicing & Ex-Consultants|The Only 360° Coach - Ex-Mckinsey, Certified Coach & Recruiter
Hi there, yes, why not? 'You Miss 100% Of The Shots You Don't Take.' It's an experience that will improve your CV you will need to prapare for the interrview -> you'll get accustomed with the interview proc ... (read entire answer)
10
Answers
951
Views
124
Total Upvotes
on Jan 23, 2021 on Jan 23, 2021
Last Activity

Applying to McKinsey a year after failing PST?

MBB McKinsey casing summer internship McKinsey PST reapply
Most recent answer on Nov 30, 2020
The best answer (on Jul 18, 2018) is from:
Francesco
Expert
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Francesco
Expert
 gave the best answer on Jul 18, 2018
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Hi Anonymous, standard ban in MBB is 2 years, but sometimes the period may be modified as 1 year or 6 months – as Vlad said, I would clarify that with HR. If you are flexible in terms of location, so far that you have ... (read entire answer)
4
Answers
4.2 k
Views
2
Total Upvotes
on Nov 30, 2020 on Nov 30, 2020
Last Activity

McKinsey Case study language

McKinsey casing summer internship
Most recent answer on Nov 28, 2020
The best answer (on Feb 23, 2019) is from:
Francesco
Expert
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Francesco
Expert
 gave the best answer on Feb 23, 2019
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Hi Anonymous, interviews are usually conducted in the local language, but the interviewer may also test your English skills – this could happen as part of behavioral questions, the case or both. Hope this helps, F ... (read entire answer)
4
Answers
2.5 k
Views
2
Total Upvotes
on Nov 28, 2020 on Nov 28, 2020
Last Activity

What's the best outfit for an INFORMATIONAL INTERVIEW on Zoom with a partner?

Bain BCG Mck McKinsey McKinsey casing summer internship RolandBerger
Most recent answer on Nov 05, 2020
Anonymous gave the best answer on Jul 14, 2020
Hi, I would suggest that you should follow the “minimizing risk” strategy and wear a formal jacket. You will be surprised but partners and senior leadership pay a lot of attention to the way you dress and as it demo ... (read entire answer)
9
Answers
1.9 k
Views
20
Total Upvotes
on Nov 05, 2020 on Nov 05, 2020
Last Activity

What was the most interesting case you’ve ever encountered during an interview?

Actively preparing for interviews with Mckinsey Bains & AT Kearney Actively preparing for McKinsey round 2 Actively preparing for upcoming interviews with Mckinsey AT Kearney & Bains. Looking to take and give great feedback. Bain BCG Mck McKinsey McKinsey casing summer internship
Most recent answer on Oct 09, 2020
The best answer (on Oct 05, 2020) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
 gave the best answer on Oct 05, 2020
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
#1 Lesson here: Most of my cases were unique and NOT "typical" cases. You should really be prepared for any scenario! Probably the most interesting was a public sector case where they had to improve internet connectiv ... (read entire answer)
3
Answers
1.1 k
Views
13
Total Upvotes
on Oct 09, 2020 on Oct 09, 2020
Last Activity

I would like if someone have passed the Mckinsey Digital assesment ? And what was their strategy in each Game.?

Imbellus Imbellustestresult McKinsey casing summer internship McKinsey Imbellus McKinsey Imbellus test
Most recent answer on Aug 31, 2020
The best answer (on Aug 28, 2020) is from:
Francesco
Expert
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Francesco
Expert
 gave the best answer on Aug 28, 2020
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Hi Mariano, I did an in-depth study on the Imbellus. Most of the comments I found online are something like this: You cannot prepare – it tests who you are Play a lot of videogames Don’t waste time Be yourse ... (read entire answer)
4
Answers
1.5 k
Views
5
Total Upvotes
on Aug 31, 2020 on Aug 31, 2020
Last Activity

Failing McKinsey first round interview

Bain BCG Mck McKinsey McKinsey casing summer internship RolandBerger
Most recent answer on Aug 22, 2020
The best answer (on Dec 17, 2019) is from:
Clara
Expert
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
Clara
Expert
 gave the best answer on Dec 17, 2019
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
Hello! First of all, it´s quite unusual that the 2 first interviews from 1st round are spread in two days, but can happen in a particularly peak session in the office. Secondly, don´t give up! Even if outperforming ... (read entire answer)
7
Answers
7.8 k
Views
10
Total Upvotes
on Aug 22, 2020 on Aug 22, 2020
Last Activity

McKinsey Summer Internship Game Assessment - not yet received invite for assessment - should I be concerned?

Bain BCG Digital McKinsey Mck McKinsey casing summer internship
Most recent answer on Feb 29, 2020
The best answer (on Feb 29, 2020) is from:
Luca
Expert
BCG |NASA | SDA Bocconi & Cattolica partner | GMAT expert 780/800 score | 200+ students coached
Luca
Expert
 gave the best answer on Feb 29, 2020
BCG |NASA | SDA Bocconi & Cattolica partner | GMAT expert 780/800 score | 200+ students coached
Hello, It's not common to wait such a long time without any answer. I would suggesst to call HR because it could happen that they lose your application. Best, Luca
4
Answers
1.7 k
Views
2
Total Upvotes
on Feb 29, 2020 on Feb 29, 2020
Last Activity

What's the difference btw net income and EBITDA?

Bain BCG casepartnerswanted Mck McKinsey casing summer internship RolandBerger
Most recent answer on Sep 27, 2019
The best answer (on Sep 27, 2019) is from:
Vlad
Expert
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Expert
 gave the best answer on Sep 27, 2019
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Hi, It's the first link in google: https://thinkout.io/blog/ebitda-vs-net-profit/ P.s. Information search is one of the key skills for consultant. Best
1
Answer
3.4 k
Views
1
Total Upvotes
on Sep 27, 2019 on Sep 27, 2019
Last Activity

What's the difference btw Accenture and other firms? What's their specialty?

Accenture Accenture Strategy Accenture Strategy Online test BCG casepartnerswanted McKinsey casing summer internship sharingiscaring
Most recent answer on Jul 09, 2019
The best answer (on Jul 09, 2019) is from:
Vlad
Expert
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Expert
 gave the best answer on Jul 09, 2019
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Hi, I worked at Accenture and McKinsey and here are my observations: Accenture is very international and lot's of the projects will come from abroad since Accenture is leading the global accounts Salaries are a ... (read entire answer)
1
Answer
3.5 k
Views
3
Total Upvotes
on Jul 09, 2019 on Jul 09, 2019
Last Activity

Are the EBIT and operating profit the same thing?

1st round 2nd Round Bain BGC dubai McKinsey casing summer internship needed partner RolandBerger
Most recent answer on Jun 19, 2019
The best answer (on Jun 19, 2019) is from:
Francesco
Expert
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Francesco
Expert
 gave the best answer on Jun 19, 2019
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Hi Anonymous, operating profit does not include by definition revenues and costs which are related to non-operating activities. Whenever there are revenues or costs coming from non-operating activities (everything whi ... (read entire answer)
2
Answers
1.9 k
Views
6
Total Upvotes
on Jun 19, 2019 on Jun 19, 2019
Last Activity

I am aiming for Associate Consultant Intern at MBB's, any structure that I should follow?

Bain & Company expert McKinsey casing summer internship The Boston Consulting Group
Recent activity on Jun 02, 2019
The best answer (on May 31, 2019) is from:
Vlad
Expert
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Expert
 gave the best answer on May 31, 2019
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Hi, I recommend the following approach: 1) Start with "Case in point" book - you can download this book for free everywhere. It's not the best guide on how you should approach the cases, however, it will give you th ... (read entire answer)
2
Answers
1.9 k
Views
6
Total Upvotes
on Jun 02, 2019 on Jun 02, 2019
Last Activity

Truck market in US

Case Market sizing McKinsey casing summer internship
Recent activity on Nov 10, 2017
Anonymous B gave the best answer on Nov 10, 2017
Hey there, Are you talking about revenue or demand for trucks in the US? Assuming Demand, we can estimate it in the following way: Our Goal: #trucks sold / year #trucks = (trucks/person) * (total amount of peopl ... (read entire answer)
1
Answer
2.8 k
Views
4
Total Upvotes
on Nov 10, 2017 on Nov 10, 2017
Last Activity
19 results
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