What are the main activities of McKinsey in their Sydney office?

mckinsey australia
New answer on Feb 01, 2021
6 Answers
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Anonymous A asked on Jan 28, 2021

Hi all,

I would like to learn more about the main activities of McKinsey in their Sydney, Australia office. I heard that they are a centre of excellence especially for financial services. Is that accurate?

Thanks in advance

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Ian
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updated an answer on Jan 28, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

Based on my experience working for MBB in Australia, the major consulting industries in Australia are as follows:

Tier 1

  • Finance (Big 4 banks et al)
  • Energy (ranging from Oil & Gas to electricity networks/distribution)
  • Mining
  • CPG/Retail - especially the major supermarkets Coles/Woolies

Tier 2

  • Insurance
  • Healthcare
  • Government/Public Sector (close to Tier 1)
  • TMT (Especially telecomms)

Tier 3

  • Agriculture
  • Large Capex/Infrastructure
  • PE

(edited)

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Ken
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replied on Jan 28, 2021
Ex-McKinsey final round interviewer | Executive Coach

It does change over time but latest I've heard is that financial services is a pretty large sector for the office. At the same time there's a good spread of other sectors including telecom, energy and materials, retail, to public sector. Other than speaking to current consultants in the office, a good way to get a feel is to scan through the partner profiles as they will be indicative of the client work (https://www.mckinsey.com/au/our-people). In the past corporate restructuring and mining was a huge chunk of the client work but the mix has greatly diversified in the last few years.

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Florian
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replied on Jan 28, 2021
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Hey there,

A big chunk of it is in the banking/ insurance sector, public sector, and mining.

Cheers,

Florian

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Vlad
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replied on Jan 28, 2021
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi,

For a long time, it was the fastest-growing office. Huge retail, banking, basic materials (mostly Perth office).

Best

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Clara
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replied on Feb 01, 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

Traditionally banking and mining, however, this is constantly evolving -in a matter of months-.

A good way to have a look is looking at the exit opportunities from those who are leaving

Hope it helps!

Cheers,

Clara

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Gaurav
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replied on Jan 30, 2021
Ex-Mckinsey|Certified Career Coach |Placed 500+ candidates at MBB & other consultancies
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Ian gave the best answer

Ian

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