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Tag: "Mck"
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Mck

    Business analyst vs non-BA position at McKinsey?

    Mck
    Most recent answer on Jul 27, 2021
    <p>Hi all - I have my first Zoom interview with McKinsey scheduled this Friday for a client delivery analyst position (Mckinsey Academy).</p> <p>Would the interview process be similar to a business analyst position? Also, is the compensation similar across all analyst positions regardless of practice? I have a Ph.D. and 4+ of professional work exp in education - should I ask if I qualify for a senior analyst position?</p> <p>Any insight re: mckinsey academy would be super helpful!</p>
    Hi, regarding the compensation - usually business analysts have the same comepsation regardless of the practice (at least for European offices). With a 4+ of experience and a PhD you can fit more in a Junior Associate ... (read entire answer)
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    11
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    on Jul 27, 2021
    Last Activity

    Do different MBB offices offer interviews on the same day?

    Bain BCG internship MBB Mck McKinsey recruiting undergrad
    Most recent answer on Jul 26, 2021
    <p>I'm recruiting for undergrad internships at MBB right now and have not gotten an first-round invite  or rejection email yet. Some other kids seem to have gotten rejections, invites, and even waitlists, but I have not recived any of those at this point. </p> <p>Could this be because the office I'm applying to has not made decisions yet? I'm curious if the various US offices just don't work on the same timelines. Btw, I completed McKinsey's Imbellus last week, but not gotten anything for BCG.</p>
    Hi there, Yes timelines across offices are different AND rejections/invites just come at different speeds for everyone. Please just be patient (and double-check that you applied!) and you should start hearing back s ... (read entire answer)
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    70
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    23
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    on Jul 26, 2021
    Last Activity

    Feedback Call with Interviewer

    Bain BCG Mck
    Most recent answer on Jul 24, 2021
    <p>I just passed my 1st round at one of MBB. The interviewer didnt give me written feedback but he offers to have 15 mins call. My questions </p> <p>1) How can I maximize this call ?</p> <p>2) How can I ask the most relevant feedback considering the time is only 15 mins</p> <p>3) Beside case/fit performance, anything I should discuss ?</p> <p>Thank you for the advices </p>
    Hey there, Usually, they won't go into much detail. 1+2. Ask specifically for improvement advice + specific examples where you displayed weaknesses and strengths + concrete improvement advice (again with examples to ... (read entire answer)
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    71
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    31
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    on Jul 24, 2021
    Last Activity

    McK style non-financial cases

    Mck
    Most recent answer on Jul 17, 2021
    <p>Any good sources/casebooks for practicing non-financial McK cases like how to roll out a vaccine program or increase the number of girls in school etc.</p>
    Hey there, Unfortunately, there is no single McK-specific resource out there. However, there are several ways on how you tackle this Work through case books and focus specifically on the more creative cases (reach ... (read entire answer)
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    64
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    13
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    on Jul 17, 2021
    Last Activity

    BCG Final Round

    Bain & Company BCG BCG Case Interview BCG online case Final Round MBB Mck
    Most recent answer on Jul 16, 2021
    <p>I have several questions and will really appreciate for detailed answers</p> <p>1)How is the case usually different between Final/Partner Round with early round ?</p> <p>2)How should I approach the FIT part ? Any particular emphasize</p> <p>3) Any general advice ?</p> <p>Thank you</p>
    Hi there, 1) How is the case usually different between Final/Partner Round with early round ? In general, the structure of the rounds is the same (fit + case+ your questions); however in finals there is usually more ... (read entire answer)
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    83
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    30
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    on Jul 16, 2021
    Last Activity

    Scheduling for 2nd Round Interview

    2ndround Accenture Strategy Online test Bain Bain & Company BCG BCG Technology advantage Client and MBB MBB MBB & Big 4 Mck
    Most recent answer on Jul 14, 2021
    <p>Hope everyone is well. I have just been informed that I pass 1st round of one of the MBB. I have got a couple of questions</p> <p>1. They offered me to do 2nd round next week. But I prefer to do it next month as I need more preparation and want to take quick break first. How should I explain to them ? Is it common to have one month break between round ?</p> <p>2.When I asked about feedback from 1st case, the HR did not respon on that issue although they replied my other unrelated question. How should I approach so I can get that feedback ? Should I directly email my interviewer if I dont get from HR ?</p> <p>3.I am performing (relatively) well on my 1st round. Although not sure how it will go with partner-level question later. How long should I take break ? </p> <p>4) Any advice on preparing 2nd round ?</p> <p>Thank you very so much for your advice.</p>
    Congrats! 1. I guess this ones a tricky one in the times of virtual interviewing when you're never really fully "unavailable". I would encourage you to express your preference but you may have to just go with what the ... (read entire answer)
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    108
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    66
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    on Jul 14, 2021
    Last Activity

    In Between Interview

    Accenture Strategy Online test Bain BCG BCG Case Interview MBB Mck
    Most recent answer on Jul 06, 2021
    <p>Hi,</p> <p>I did my first interview (first round) with one of the MBB last friday. I will have my 2nd first round interview this Thursday. I think it went okay/well (dont want to comment too much on my own performance). I have a couple of questions</p> <p>1.What usually those two interviewers discuss to make decision?</p> <p>2.How can I leverage these two days ? Should I focus on the thing that  I was lack on my 1st interview </p> <p>3.My first interviewer was so friendly and also the case has no exhbit. Should I expect that my 2nd interview will be the "bad cop" ? Also, will the case type be different between these two ?</p> <p>4. On FIT they only ask me to introduce myself and the reason why consulting. So I still save some of my story. But should I change the way/content on my intro and reason why consulting (to come up with new content) ?</p> <p>5.What should I do to take advantage of these days ? any particular thing should I do ?</p>
    1. They will compare notes to see if there's a deviation on their recommendations. When aligned, it's a very short and straightforward discussion 2. Definitely focus on your round 1 feedback - BOTH your strengths and ... (read entire answer)
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    102
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    73
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    on Jul 06, 2021
    Last Activity

    Rejecting Interview Invitation

    Bain BCG MBB Mck McKinsey & Company
    Most recent answer on Jun 27, 2021
    <p>Hi Recently, I got a couple of MBB Invitation but they always give me one day notice (giving me the invitation one day before the actual interview). They already gave me two interviews (but all of them always one day notice). Is it okay if I reject it again ? I told them I have another agenda that I can not adjust to.</p> <p> I feel although HR prefer to go quicker but I feel it's worth to delay a bit to make sure I am not in rush in the last minute. I also already told them previously if they can give me invitation like 3 days before the actual interview. I have been preparing a lot but having only one day notice is not really something comfortable as I need more time to really prepare my interview and mentally.</p> <p>Thank you for sharing your thought</p>
    Hi there, it's perfectly fine to ask the HR to reschedule, though it should not be too far into the future. A couple of points to include in your email or message to them: Reason for rescheduling (e.g., schedule con ... (read entire answer)
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    122
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    35
    Total Upvotes
    on Jun 27, 2021
    Last Activity

    Preparing during working Full time

    Bain Bain & Company BCG MBB Mck McKinsey
    Most recent answer on Jun 14, 2021
    <p>Hi All,</p> <p>I have been preparing cases in the last few months so I am pretty familiar with things and overall my performance has been good/great (based on the feedback that I got from practice partners). I categorized myself as advance candidate (although I have still have some room for improvement)</p> <p>However, I am about to start working full time and I am wondering what tips/suggestions that I can use for case preparation during full time job. I have had a coaching session and it was helpful and plan to take another lesson, for this thread I would appreciate if you can share best practice other than coaching. thanks so much</p>
    Same question answered here- https://www.preplounge.com/en/consulting-forum/starting-a-new-non-consulting-job-preparing-for-mbb-applications-10029 All the best.
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    152
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    60
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    on Jun 14, 2021
    Last Activity

    What should I do in 4 days to the interview day?

    Mck preparation
    Most recent answer on Jun 08, 2021
    <p>I have my interview with McKinsey in 4 days. I have been practicing cases consistently for the last 2 months and have been practicing PEI since a week ago. What would you recommend me to do in these last 3,4 days?</p>
    Just keep working on your weaker areas. Practice PEI questions really well to ensure your anwers are punchy, engaging and stand out. Be well rested as you get closer to the day. Here's some mindset tips to calm those ... (read entire answer)
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    127
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    45
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    on Jun 08, 2021
    Last Activity

    Reapplying to MBB: 2 short-term jobs or 1 year-long?

    Bain BCG BCG reapply MBB Mck McKinsey reapply Reapply mckinsey
    Most recent answer on May 27, 2021
    <p>Hi everyone,</p> <p>Thanks for the helpful advice you all provide here.</p> <p>I have been unsuccessful with an Associate Consultant MBB application but encouraged to reapply in a year's time. I have managed to secure a couple of boutique strategy consulting offers in the meantime, so was wondering which would give me the best chance of being successful when reapplying to MBB; 3-6 months at two different strategy consulting firms, or 9 months at one of them? A few pros of each that come to mind are:</p> <p>Pros of doing 3-6 months at either company: Broader experience, different industries, different people/cultures</p> <p>Pros of doing ~9 months at one company: Looks more loyal/reliable on a CV, take on more responsibility</p> <p>Any other thoughts would be much appreciated. Thanks!</p>
    No doubt here, in my opinion. You should go for the 9 month internship. In a 9 month internship, as you mention, you have the opportunity to take on more responsibility. You spend the first few months learning the rop ... (read entire answer)
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    200
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    32
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    on May 27, 2021
    Last Activity

    Due to personal reasons, I am moving from Bain to McK - what should I expect (culture, staffing, mentoring etc.)?

    Bain & Company Mck
    Most recent answer on May 27, 2021
    <p>I am a Senior AC and for non-work-related reasons, I am moving from Bain to McK, despite I loved Bain so much (French office)</p>
    Hey there, This is a tough one to answer since not a lot of people moved from Bain to McK. I knew a few BCG consultants that switched to McKinsey but also this is rare. I think all three MBBs have very distinct and ... (read entire answer)
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    164
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    12
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    on May 27, 2021
    Last Activity

    Speeding UP MBB interview Process

    Bain BCG Mck
    Most recent answer on May 26, 2021
    <p>I just have an offer from other consulting firm. However, I m still waiting my 1t round MBB interview. It has been one month since they announced that I am invited for the interview. I already followed up the HR twice (last one: last Friday)</p> <p>How can I tell HR I want to get a quicker process at least for the first round? Basically before June 7.</p> <p>What component should of email should I include ?</p> <p>My point would be: I just received an offer however I prioritize your company. Can I get 1st round Interview earlier than June 7? </p> <p>Anthing I should add ? Thank you</p>
    Reach out to HR, mention that you are very keen on interviewing soon and that you have an exploding offer that expires by xx date. Typically they accommodate such requests if they are interested in your profile. A lot o ... (read entire answer)
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    176
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    26
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    on May 26, 2021
    Last Activity

    I am a recent grad currently working at a top T2 firm in Western Europe. How should I prepare for a McK interview?

    Mck McKinsey
    Most recent answer on May 25, 2021
    As someone who is already a management consultant, you have many advantages. You should be good at structuring and incorporating more realistic issues into your issue tree You are able to speak about relevant wor ... (read entire answer)
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    154
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    37
    Total Upvotes
    on May 25, 2021
    Last Activity

    Salary Negotiation

    associate consultant business concepts Business consultant Business Development business model MBB Mck
    Most recent answer on May 24, 2021
    <p>Hi all,</p> <p>I am currently receiving a job offer from sustainable consulting company.</p> <p>When I had a call with HR, they asked me my last sallary for full time employment which is X (in 2018). They asked me if I am okay with that, initially I said okay. But before the final round interview, I asked them to consider myself for higher position/job title. Now they already gave me formal offer. The sallary is 1.2X in the position that I initially applied. After 3 years doing masters and involved in several projects. I expect that my sallary will be higher than that. My questions</p> <p>1. Is it fair that offer me only 20% Higher compared to pre-master ? considering my masters is in relevant field. </p> <p>2. Now I want to negotiate, at least 10-15% higher, How can I tell them in elegant way and make them accept it ?</p> <p>Thank you for always helping us</p>
    Hi there, First of all, well done! Now, negotiations are quite tricky and it's hard for me to advise here given there have clearly been some pre-offer negotiations. I'm a bit concerned about continuing to negotiat ... (read entire answer)
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    12
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    on May 24, 2021
    Last Activity

    MBB in Italy?!

    Bain BCG exit opportunities exit options italy MBB Mck Perks Travel
    Most recent answer on May 11, 2021
    <p>Hello everybody,</p> <p>I am a Bocconi graduate student interest in pursuing a career in the Italian office of one of the MBBs. I have read a lot of contents with regards to different culture, industries and wlf but I have found nothing addressing this "specific" questions:</p> <ul> <li>Do consultants travel a lot also in the Italian offices or they spend a large part of time in Milan? If the answer is affermative, do you travel a lot abroad or mainly inside Italy?</li> <li>In terms of salary juniors tend to earn around 40k (source: Glassdor), a part from that what are the main perks offered by each firms? (i.e. free dinner/taxi if you stay late, mobile phone, laptops…)</li> <li>I have read that, after a few projects, is possible to ask for specializing in a particular industry. Is it also possible to specialize in a particular practice rather than a sector (es: corporate finance and strategy rather than automotive/energy/aereospace…)</li> <li>Is PE really a possible exit opportunity?</li> <li>Given that is quite difficult to transition in another country's office, which are the most common method to find a job abroad after consulting?</li> </ul> <p>Thanks in advance :)</p> <div> </div>
    Hi there, Depends on the project and company (easier to be staffed in Milan for financial service), but in general yes, you will travel a lot. Mainly in Italy but possible also abroad (I did both) Standard ones, y ... (read entire answer)
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    223
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    60
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    on May 11, 2021
    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
    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)
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    15.1 k
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    22
    Total Upvotes
    on May 06, 2021
    Last Activity

    Advice needed - McKinsey Application

    Mck
    Most recent answer on Apr 07, 2021
    <p>Hi All,</p> <p>I recently got in touch with an Associate Partner at McKinsey in one of my desired locations - he is ready to refer me. In fact he sent me a couple of roles where I can apply to based on my profile.<br> However, I have a few skeptics:</p> <p>1. As per the role's requirements, they need 5+ years of the experience in that industry whereas I have 2 years work exp.</p> <p>2. I am not a top grader - I am in the top 25% types, so is that a hard blocker?</p> <p>3. I am not from the country of the office's location</p> <p>I am skeptical if based on these reasons, they might reject my CV - this prevents me from applying in the near future - a situation which I want to avoid for sure. I seek advice on whether I should go ahead with applying right away or hold on for better roles? What are the downsides of that?<br> Thanks!</p>
    Hey there, 1. I believe this could still be an issue, regardless if an AP refers you or not. I would follow Ken's advice and connect with HR on that topic. I can imagine a situation where the AP liked your resume and ... (read entire answer)
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    300
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    86
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    on Apr 07, 2021
    Last Activity

    Cover Letter Review

    Bain BCG Case Interview MBB Mck The Boston Consulting Group
    Most recent answer on Apr 04, 2021
    <p>Hi All,</p> <p>I am about to submit my cover letter. Would anyone be kind enough to help me in giving some review? (how to improve, red flags, etc). I am happy to send the letter to you through message. Thank you so much </p>
    Fee free to sanitise it a bit and post here for wider comments from coaches
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    304
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    29
    Total Upvotes
    on Apr 04, 2021
    Last Activity

    Take time (Chart Interpretation, Brainstorming Q and recommendation)

    Bain BCG BCG McKinsey and Bain MBB Mck
    Most recent answer on Mar 28, 2021
    <p>Dear Community,</p> <p>Recently I have been thinking if it's always appropriate for asking time during the interview once we get Chart Interpretation, Brainstorming Questions and recommendations section. I want to take time so my answer will be better but worrying about interviewer perception and time of solving the case.</p> <p>1) When it is appropriate ? When it's not ?</p> <p>2)How long should we take? if they allow</p> <p>3) How many times during the case can I ask for time ? (on top of the structuring) I know it's tough question as every case is different but rule of thumb will be good</p> <p>4) Particularly on recommendation, if they say (like in case book). "The CEO is walkingto the room" Should I take time ?</p> <p>Any other advice would be appreciated. thank you</p>
    1. It's always appropriate to ask for time if it benefits you. The case interview is not an assessement of how quickly you can finish the case 2. At the start, taking 2-5 mins is completely ok but as you progress thro ... (read entire answer)
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    332
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    on Mar 28, 2021
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