Small Business Consultant Interview Questions – How did you get a job at McKinsey, one of the most famous consulting firms in the world? In this article, you will learn about the McKinsey interview process and the questions you may see during a McKinsey interview.
McKinsey is known as the “gold standard” in consulting. They work with the biggest brands and charge the highest fees. Due to the McKinsey brand and prestige, McKinsey consultants have access to the most attractive and lucrative exit opportunities.
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Because of all that McKinsey has to offer, McKinsey attracts the smartest people with the most impressive environment. This makes McKinsey one of the most competitive consulting firms. Less than 1% of people who apply to McKinsey will receive a job offer.
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What do you need to do to be in the top 1% of candidates offered a job at McKinsey?
In this article, we will discuss the strategies and tips that will give you the best chance of a job offer at McKinsey.
Timings and dates for the McKinsey interview process may vary slightly depending on whether you are applying as an undergraduate, MBA, PhD or working professional.
1. Learn more about McKinsey: You’ll be better able to answer interview questions about why you’re interested in consulting and want to work for McKinsey if you have the opportunity to listen to McKinsey consultants talk about their professional experience.
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2. Make a positive and memorable impression: By talking to the McKinsey representatives who attend these networking events, you’ll have a chance to introduce yourself to potential recruiters and resume reviewers. If you are affiliated with or related to someone at McKinsey, they may be trying to strongly encourage you to go for an interview.
Attendance at these events is not required. If you have a solid resume and experience, you can still get a McKinsey interview even if you haven’t attended any events.
If you’re a college graduate or MBA, these networking events are less important. McKinsey works with these schools and continuously hires students from these schools for internships and full-time opportunities each year. Your CV will be checked whether or not you attend networking events.
If you are not a college graduate or MBA, these networking events will be very important. Because your school is not a McKinsey target school, McKinsey recruiters spend significantly less time reviewing applications from your school. Networking is the key to ensuring your CV has a chance to be reviewed.
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Similarly, if you are applying to McKinsey as a working professional, networking activities are very important. Although McKinsey hires people from non-traditional backgrounds, you will have to do the necessary work to get your name and CV in front of recruiters through networking or referrals.
You don’t have to attend every event, but some events are more effective at networking than others.
If you’re a college or MBA graduate, McKinsey often hosts one large briefing session with 20-30 consultants. Then there will be time to gather and question these counselors.
Information session dates can be found on the McKinsey website, at your school’s Service Center Work or at your school’s counseling club.
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If you are applying as a career expert, McKinsey can arrange an information session via a webinar or at a hotel in a major city.
With hundreds of people attending the information sessions, it can be difficult to find opportunities to network with McKinsey consultants at these events.
Typically, at these events, 10-15 people surround each McKinsey consultant at the end of the presentation to chat and ask questions.
McKinsey recruiters and consultants will be there to welcome you. Since very few people show up at these events to begin with, there will be fewer. This gives you a better opportunity to talk one-on-one and ask your McKinsey representative questions.
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If you’re a college or MBA graduate, McKinsey often hosts coffee talks to give students a chance to ask specific questions. These coffee talks are usually one-on-one or take place in small groups.
These coffee talks are more informative than evaluation. During such conversations, you want to ask intelligent questions that cannot be easily answered on the Internet.
Asking questions that can be found on Google is unprepared and can leave a negative impression.
If you’re applying to McKinsey as a career expert, you’ll need to arrange a coffee interview yourself. Use the LinkedIn network to identify former colleagues or alumni who would be open to talking to you.
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You can take this opportunity to learn more about McKinsey and ask McKinsey Recruiters to contact you.
If you’re attending graduate school or an MBA, McKinsey will also invite high-potential applicants for a nice lunch or dinner.
McKinsey identifies high-potential candidates by reviewing resumes or by asking current employees for the names of high-potential candidates.
Being invited to these events is a good sign that you have a good chance of getting a job.
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However, just because you didn’t get an invite doesn’t mean you won’t get an interview. Many people who did not receive invitations to these particular events continued to receive McKinsey interviews and offers.
If you are applying as a working professional, you may not be able to attend a McKinsey lunch or dinner.
After all networking events are completed, McKinsey will set a deadline for submitting an application, which usually consists of four elements.
The McKinsey app will ask you to provide basic information such as your name, demographics, and background. The app will also ask what language you speak and what your highest office preferences are.
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McKinsey will ask for your top three office preferences. Even if they ask for three, you’ll usually only be considered for the top position. Most likely, this will be the office where the interview will take place.
When listing the three office options, make sure you meet the language requirements to work in those offices.
Read this comprehensive resume consultation guide to understand what McKinsey resume reviewers look for when reviewing your resume and how to optimize your resume to give yourself the best chance of an interview.
In short, keep your resume on one page and evaluate the impact of your achievements on work experience and extracurricular activities.
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The McKinsey cover letter is usually optional. During information sessions, McKinsey often tells candidates that they don’t have to send a cover letter because they won’t read it.
Your cover letter should be clear and to the point. Introduce yourself, explain why you are interested in consulting and McKinsey, then explain why you are a great fit for the role and the company.
To avoid a general letter, state specific reasons why you are interested in McKinsey. Mention the McKinsey representatives you spoke to and what aspects of McKinsey you found most interesting.
Your resume matters more in determining whether or not you’ll get an interview, so make sure you spend most of your time optimizing your resume.
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Recommendations are not part of the official McKinsey application process, but they are a quick way to make your application stand out from the crowd.
If you have friends or colleagues who work or have worked at McKinsey, ask if they could recommend you. If you run into someone you met at a McKinsey networking event, you can still ask them about it.
Getting a McKinsey recommendation basically means that someone at McKinsey will send your name and resume to the McKinsey recruiter who is responsible for reviewing your resume. Your app will get a closer look and get a little bit of a favorable look.
This doesn’t require McKinsey’s interview. Many people interview McKinsey without any references.
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Being referred to McKinsey does not guarantee that you will be invited for an interview. This simply ensures that your application will be carefully considered.
A few weeks after the application deadline, you will receive an invitation from McKinsey for an interview. You missed the first of two rounds.
If you are applying as a student, the interview will take place on your school’s campus. If you are applying as a career specialist, the interview will take place at the McKinsey office where you are applying.
Your first McKinsey interview round consists of two separate 40-60 minute interviews. Most of the time will focus on case interviews, but you will also receive a few other types of questions.
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We’ll go over each of these types of questions and offer strategies and tips on how best to answer them.
Case interviews are a special type of question that consulting firms like McKinsey use to assess a candidate’s potential to become a great consultant.
The case interview or ‘case’ is a 30 to 60 minute exercise where you and
