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Tag: "partner"
1 - 20 of 41 results
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partner

    How busy are McKinsey partners really?

    McKinsey & Company partner
    Most recent answer on Jun 29, 2021
    <p>Regardless of interviews etc. I am just curious to know, what does it mean to become a partner? in terms of how busy you become, the tradeoffs you will have to make in your life.. for anyone who is considering a long term career in consulting:) </p>
    Hello! To be honest, all consultants are very busy, and I don´t think partner is the worst tenure. This said, partners are really busy people who devote many many time to the company. Furthremore, since they have s ... (read entire answer)
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    on Jun 29, 2021
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    Meeting with Partner before my application. What to do?

    MBB partner Referral
    Most recent answer on Jun 12, 2021
    <p>Hi All,<br> <br> I have a personal meeting with a Partner from MBB in a few days.<br> What should I do to optimize my chances to have his referral for my application?<br> <br> Thanks.</p>
    Hi there, You should prepare 3 main things before the meeting: Your own pitch. 3-4 lines should be enough 3-4 questions on the personal experiences of the person. Avoid to ask questions about the company only ... (read entire answer)
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    on Jun 12, 2021
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    Experience interviewing for Partner role at MCK Dubai

    dubai McKinsey & Company Mckinsey middle east Middle East partner
    Most recent answer on Jun 09, 2021
    <p>I'm looking for guidance on the interviewing process for a <strong>Partner role at MCK Middle East.</strong><br> - Has anyone been through the process? any tips?</p> <p>- Any PrepLounge coaches who helped place Partners at MCK Middle East specifically? looking forward to connect</p>
    Hey there, The focus in your interviews for this round is specifically on your Personal Experience (PEI Interviews with some twists and turns) Contacts and network, basically, the value you can bring to the firm ... (read entire answer)
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    110
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    29
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    on Jun 09, 2021
    Last Activity

    Partner wants me to join her industry team. What if I don't want to?

    field of focus partner
    Most recent answer on Apr 15, 2021
    <p>Hello,</p> <p><u>Background:</u> I'm breaking into Consulting. A few days ago I had a networking call with a MBB partner. She seemed very interested in having me join her industry-specific team. While it was great networking with her, I am not interested in joining her team and would rather start as a generalist. I am simply not interested in the industry she covers.</p> <p><u>My question:</u> Is it worth telling this partner I would rather start as a generalist and not on her team? If it's not worth it, then how to navigate starting as a generalist?</p> <p>I don't want to risk offending her and getting my application outright rejected... however I'm also simply not interested in the industry she covers.</p> <p>Any advice appreciated. Thanks!</p>
    Hi there, A bit of a pandora's box here isn't it! Ultimately, you should never do something solely because others have guilted you into it. If you won't be happy in her team, you shouldn't be there. By the way, this ... (read entire answer)
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    on Apr 15, 2021
    Last Activity

    McKinsey Framework Development & Communication

    communication First Round Framework McKinsey McKinsey & Company McKinsey Interveiw partner
    Most recent answer on Mar 28, 2021
    <p>Hi, so this question has come up after my recent inteview (round 1, 2nd interview) with McKinsey that I would like to clarify on.</p> <p>The first question I was asked in the case interview was 'What factors would you consider to assist out client in their problem' (the regular structure development question). Now so far, when preparing for McKinsey, I was always told to answer said question in a consise manner, stating the key buckets and provide an overview of sub-components with some order of priority and then let the interviewer determin where they would like to explore, in the interest of time.</p> <p>So, in my case, it was a profitability increase question for a tech product business. So, I broke it down as revenues and costs, then, I moved to segment revenues in terms of increasing opportunities from the existing product line, this included changes in price based on target segment senstivity and product positioning, increasing channel penetration of retail (the case mentioned it was a retail product) for better in-store placements and availability, and more (I'm paraphrasing here) and I did largely the same with costs, segmenting into variable and fixed. Connecting with the prompt of the company being fully integrated, I spoke about costs in that manner.</p> <p>Now, as the interview proceeded, my interviewer then moved to ask the 'what else' question repeatedly and eventually led me in the direction of stating how I would VALIDATE (his words) my ideas, so when I said market including size / growth rates segmented by geography or customer segments, competitive landscape and rate of innovation, and more (again paraphrasing) that is when he was satisfied, or so it seemed.</p> <p>The question that comes up here then is, to what extent should I build my framework? In hinesight now, it would've made sense to say market and product understanding first, then the profitability equation, and then maybe even the solution implementation strategy and risks however, going in the level of detail my interviewer took me in would have taken quite a while. For reference, with him it took 16 minutes of him just exploring my approach. If I was just explaining these in one go, it would've still taken 3-4 minutes at least.</p> <p>So was this a pressure test to see if I actually knew what I was talking about or if I had just regurgatated what I had learned as a framework (maybe he felt that way at some point seeing it was just Rev - Cost at the high level) or did I miss something.</p> <p>I understand this post is long and thank you for taking the time to read this. Just as a final note, this was a round 1 interview and oddly it was with a partner.</p> <p>Thank you for your response. </p>
    Hey there, I think the misunderstanding comes from the difference between a framework crafted for McKinsey vs. a framework created for other consulting interviews. At the core, McKinsey wants to see creative ideas c ... (read entire answer)
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    308
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    on Mar 28, 2021
    Last Activity

    Bain written case

    1st round analytical test Bain Bain & Company BAIN test bainmoscow Case GMAT LEK materials math test MBB needed partner prep second round written case writtencase
    Most recent answer on Mar 01, 2021
    <p>Hola, guys!</p> <p>I'm about to have a written case with Bain Moscow office. Does anyone has experience with it except their posts in social media? Not so many companies use it, so it's quite hard to prepare. It will be great ot get a sample case and some tips on it. Thank you in advance and good luck with applications!</p>
    My top tips for the written case are: The trick to written cases is to have a filtering system to find the data you need from the worthless data, and of course, recognising that not all the data is useful. Written c ... (read entire answer)
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    58
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    on Mar 01, 2021
    Last Activity

    Informal chat with partner

    partner
    Most recent answer on Jan 14, 2021
    <p>Hello,</p> <p>I am talking to a BCG partner in a few days. We have nothing in common honestly and he only replied to my cold emails.</p> <p>What kind of questions can I ask him? How do I ask him for input on my application and resume?</p> <p>Thank you!</p>
    Hi all, it should be on you to prepare the call as much as possible. Basics: Try to find out as much as possible about his education, his focus at BCG (i.e. practice), his add'l roles at BCG (e.g. office head, r ... (read entire answer)
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    308
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    45
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    on Jan 14, 2021
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    Bain answer first

    1st round Bain needed partner
    Most recent answer on Dec 31, 2020
    <p>Hi all,</p> <p>I know bain appreciates the answer first style of presenting your structure. In a case of market entry i know how to use it: I.e. yes we should enter for xyz reasons. </p> <p>how would you use for a profitability case?</p>
    Answer First at Bain consists of two different concepts, both are useful to use in a case environment: Answer First to plan your work: This means you should be hypothesis-driven to structure your work. Start the cas ... (read entire answer)
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    38
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    on Dec 31, 2020
    Last Activity

    How much does it cost to become Partner at MBB/ Big4?

    Big4 buy-in loan MBB McKinsey&Co partner
    Most recent answer on Dec 22, 2020
    <p>So, I know most firms ask for a fee (investment) to buy into the partnership. I've never heard anyone speak frankly about how this works:</p> <p>- how much is typically asked for?</p> <p>- does this vary as to whether it is a REAL partnership vs. Inc./PLC?<br> <br> - what's the typical ROI? I presume this is declining?</p>
    Hi, The cost will be very depends on the firm. However, usually the firm will give you a soft loan that will be paid by your revenue in the future. Unfortunately, the exact number will be very unlikely to be availab ... (read entire answer)
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    506
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    36
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    on Dec 22, 2020
    Last Activity

    Do having deep knowledge about industries helps during cases?

    1st round Bain case partners needed partner
    Most recent answer on Dec 10, 2020
    Hi there, Industry knowledge is useful for brainstorming during the case. If you can’t think about the importance of the load factor in an airline case, or that customers may not pay for prescription drugs in some cou ... (read entire answer)
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    423
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    67
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    on Dec 10, 2020
    Last Activity

    Is it possible to get hired by MBB ,Deloitte,PWC,EY, Accenture on generalist track (off campus)?

    1st round AskBearingPoint Bain BCG case partners Mck needed partner
    Most recent answer on Dec 08, 2020
    100%! The best way to improve your odds here is to network effectively. Do your best to speak to people across the firms, get known by HR, and possibly get a referral.
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    425
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    16
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    on Dec 08, 2020
    Last Activity

    How to get hired at generalist track in MBB,PWC, Deloitte, Accenture,EY

    1st round AskBearingPoint Bain BCG case partners Mck needed partner
    Most recent answer on Dec 08, 2020
    Three key ways: 1) Have a convincing / powerful resume 2) Have a strong cover letter 3) Network effectively! In terms of networking effectively: 1) Check out the PrepLounge Q&As 2) Sign up with a sessi ... (read entire answer)
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    394
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    on Dec 08, 2020
    Last Activity

    My friend sent me this,is this true?what about e&y,KPMG,PWC, Accenture and strategy?

    1st round Bain BCG case partners Mck needed partner
    Most recent answer on Dec 08, 2020
    <p>IB Analyst: During an MBB interview I had while trying to lateral from IB to Consulting, my last interview was with a partner and before I even introduced myself, I was asked what school I went to. I responded my non target school name and the partner proceeded to take out his phone, text someone, say "thanks" and left the room. </p> <p>I was left standing in front a white board with my solution for about 5 minutes, until someone walked in and thanked me for coming. I was then asked to leave and before I was even a block away I got a call saying I did not get the offer. I know this was a bad experience but is there a general hatred/disdain for non targets at MBB?"</p> <p>Reply: Why does this have McKinsey vibes to it...</p> <p>#mbb #consulting #nontarget #Mckinsey</p>
    Hello! TBH, it is very hard for me to believe this ever happened in MBB -or, also, that this is the whole story-. Interviewers are trained, coached, shadowed... all to get the people ready to be good, fair and valu ... (read entire answer)
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    580
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    on Dec 08, 2020
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    Is it possible for a research analyst at MBB to move to associate position?how can one do that ?

    1st round AskBearingPoint Bain BCG case partners Mck needed partner
    Most recent answer on Nov 15, 2020
    It is EXTREMELY difficult to do this. There is a strong incentive to not allow this move as the hiring criteria, comp structure and skills are very different for both types of roles. The only realistic way to do this is ... (read entire answer)
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    422
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    38
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    on Nov 15, 2020
    Last Activity

    How to get top performer award in MBB? Is there any specific criteria?

    1st round Bain BCG case partners Mck needed partner
    Most recent answer on Nov 07, 2020
    Hello! There is no such thing as a top performer award. However, the intuition is right, there is a different "ranking" of your performance that is discussed in a comitee every 6 months. Dimensions taken into co ... (read entire answer)
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    425
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    on Nov 07, 2020
    Last Activity

    Best employee award

    1st round Bain BCG case partners Mck needed partner
    Most recent answer on Nov 05, 2020
    Hello! There is no such thing as a top performer award. However, the intuition is right, there is a different "ranking" of your performance that is discussed in a comitee every 6 months. Dimensions taken into co ... (read entire answer)
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    on Nov 05, 2020
    Last Activity

    What Computer skills do you need in MBB to succeed as a consultant? List some tools or programming languages.

    1st round Bain BCG casepartnerswanted Mck needed partner
    Most recent answer on Oct 31, 2020
    Hello! Although some people get to see some Tableau and R, 99% of people deal only with Excel. Indeed, iff there is one thing I wish I had done before joining McKinsey, that would have been Excel. It can really be ... (read entire answer)
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    523
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    84
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    on Oct 31, 2020
    Last Activity

    Any experience, tips or insights for a final round partner interview with Monitor Deloitte Australia (or Monitor Deloitte generally)?

    Australia Case Interview Deloitte Deloitte Consulting Deloitte Monitor experience Final Round Group interview insights Interview Monitor Deloitte partner Partner Interview practice partner practice tips
    Most recent answer on Oct 31, 2020
    <p>Hi everyone,</p> <p>I made it in the final round with Monitor Deloitte Australia, and was wondering if someone has some experience and insights in what I can expect from a partner interview with Monitor Deloitte´s Strategy &amp; Operation practice. I would be thankful for any information about the interview itself and practice/preparetion tips.</p> <p>Furthermore, if someone would like to practice with me partner interviews, it would be a pleasure for me to connect with you. </p> <p>Looking forward to your responses.</p> <p>Cheers,</p> <p>Chris</p>
    Hi Chris, Happy to share insights on how to best prepare for Monitor Deloitte in Australia as i had direct experience with Sydney & Adelaide offices. In terms of structure of final round with Partner - this is not ... (read entire answer)
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    15
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    on Oct 31, 2020
    Last Activity

    Why Bain?

    1st round Bain needed partner
    Most recent answer on Oct 27, 2020
    <p>Dear PrepLounge Fellows,</p> <p>Are there any special reasons for joining Bain other than their PE industry focus, reputation and the typical reasons? Obviously Bain is smaller and, hence, the working atmosphere might be more familiar.</p> <p>Thank you very much!</p> <p>Best,<br> Sebastian</p>
    If you have some time and connection, suggest you talk to a few Bainies and/or Bain alumni, to ask them why they chose Bain, what they like most about Bain. I guess culture would be the top reason, while there might als ... (read entire answer)
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    10
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    on Oct 27, 2020
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    all basic functions EXCEL

    1st round Bain BCG Deloitte Consulting McKinsey needed partner
    Most recent answer on Sep 29, 2020
    Anonymous gave the best answer on Sep 29, 2020
    <p>What are all the basic functions for working with data in Excel?</p>
    Dear Avetis, The core skills of a competent business Excel user are something like: Formatting & basic formulas Mouse-free Excel navigation Vlookups & conditional statements Data analysis - filtering ... (read entire answer)
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    on Sep 29, 2020
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