Case interviews
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Welcome
128 spoken languages > 1,100 consultants have used part-time programs
23% firm members have PhD, MD, JD degrees 24% alumni have started their own business
> 95 offices in more than 50 countries
130 women partners
Who are we… - McKinsey Global firm with >8000 management consultants
More than 95 offices in over 50 countries
Serving the world’s leading institutions for over 80 years
Expertise in all industries, e.g., energy, pharmaceuticals, telecommunications, health insurance, banking
Our work spans the public, private, and social sector
We are non-hierarchical and this value makes us special
Come to McKinsey to have world-shaping impact
We serve nearly all top institutions, allowing us to work across the public, private, and social sectors to make a difference in the world
40 national governments 8 of 10 largest global software companies 19 of 20 top private equity firms in North America 21 stock exchanges 6 central banks/finance ministries 19 of top 20 pharmaceutical companies
What do we do? We are advisors to leaders in the private, public, and social sector
We solve complex problems for the world’s leading institutions Help leading ICT player to fundamentally transform it’s business
Reshape the portfolio of a leading chemicals company
Help a public broadcaster define it’s strategy in the digital age
Help U.S. state governments improve and expand medical coverage
Bring countries, companies and non-profits together to fight diseases like AIDS and malaria
Develop the first global greenhouse gas abatement cost curve
Vault’s #1 Most Prestigious Consulting Firm
“We serve 90% of the 100 largest global companies”
As a young consultant, you will perform a diverse range of activities on a project …
Interviewing clients
Problem-solving with the team
Presenting to the team or to the client
Building models
Learning from industry experts
A typical client study team Business analyst Brussels Office
Engagement manager
Partner London Office
Paris Office
Technology specialist
Associate Munich Office
Boston Office
Team room at client site
Practice expert
Client team members
London
Chief Financial Oficer Chief Marketing Officer
My 2 years as a McKinsey (Junior) Associate Engagements: 8 in 2 years
▪
Chemicals (3): climate change study in preparation of Copenhagen 2009, reorganization, integration of Business Units
▪
Insurance/ banking (3): transformation programs to increase productivity
▪ ▪
Confidential: Negotiation support Joint-venture Pro-bono: helping a university to better interact with the business world
Training
▪ ▪ ▪
Basic Consulting Readiness (1 week, SF) Mini MBA (3 weeks, Austria)
Project locations
▪
Brussels, Vienna, Antwerp, Tilburg
Initial Leadership Workshop (2 weeks, Austria) Free-time
▪
My family: married, 2 little daughters (2.5 and 1 year)
▪
11 weeks vacation (in 2-years)
My most exciting client study Industry
Insurance
Team
McKinsey: Partner (PA), AP (PA), EM (ANT), ASC (BRU)
Location
Brussels
Length
3 months
Client Challenge
Life insurance provider for small businesses/independents Pilot the program in to increase the internal efficiency – to cope with the volume growth and reduce the support from other departments (life insurance to individuals, experts)
Impact
▪ Increased efficiency with 20% ▪ Improved motivation of people working in the department
How I came to be on the project
The Engagement Manager from Brussels called me and asked me to join the project because he heard about my skills and knowledge (I had done 1 similar project before). After a few calls with staffing, checking my other options, I was confirmed on the study.
My growth and development
▪ During this project, I developed my people skills – managing client team ▪
members, coaching management, and creating a fun team atmosphere Furthermore, I learned in detail about life insurances (the different types) and how they are sold (agents and back-office)
My calendar this week Major goal for the week: Finalize the organizational design of the commercial function
Monday
Tuesday
Wednesday
Client work shop on org design of commercial organization
Client work shop on org design of commercial organization
08:00 09:00 Fly to Italy 10:00 11:00
12:00 1:00 Work with client 2:00 team member 3:00
4:00 Check in with the rest of the 5:00 team 6:00 7:00 Dinner and finalize a 8:00 document
Fly back to Brussels Handle strategic Pass-by home questions from partners
Dinner
PhD event K.U.Leuven
Thursday Analyze the outcome of this weeks work shop
Weekly call client project team Weekly call with senior client
Friday
Work from Brussels office on finalizing outcomes of this weeks work shop
Office Happy Hour Start of weekend!!!
Dinner at home
The Benelux office has an important role in the worldwide network About 160 consultants and 22 knowledge professionals in the Netherlands
Amsterdam
Antwerp
About 170 consultants and 58 knowledge professionals in Belgium and Luxembourg
Brussels Louvainla-Neuve
Luxembourg
Other events you can attend to get to know us better
When?
What?
Where?
For whom?
Application deadline
Thursday, 3 Feb
Connect – Company presentation
Brussels office
All PhD students
28 Jan
Saturday, 26 Feb
Case Day
Brussels office
PhD students in their final 2 years
15 Feb
Thank you
Back up
Come to McKinsey to experience exceptional growth
▪ $100 million invested each year in formal learning programs ▪ 15+ days of training and learning in just your first 12-15 months ▪ Small project teams: intense mentorship and apprenticeship Basic Consulting Readiness
Business Analyst Training
5-day workshop in your first month
5-day workshop in your first year
Practice the skills needed for success on your first client project:
Practice problem-solving in a team environment
– McKinsey’s approach to problem-solving
Develop your skills in listening, asserting, and conflict resolution
– Building trust-based relationships
Expand your professional network
Come to McKinsey to multiply your choices Over time our consultants shape their career in many ways:
Career steps – Consultant track Entry point (without or with limited business experience)
Business Analyst / Junior Associate 2-3 years
▪ Basic consulting and business skills
Entry point (with relevant business experience and/or after an MBA)
Associate
2-3 years
▪ Enhanced problem-solving
Engagement Manager 2-3 years
▪ Engagement leadership
On-going coaching and mentoring
Associate Principal / Partner
Director
6-8 years
▪ Client leadership
▪ Firm leadership
Submitting an application
Complete our online application on www.mckinsey.com/careers CV or resume does not need to be tailored for McKinsey, but should include detailed academic performance, detailed role description during summer jobs and internships, and detailed information on involvement in sports and leisure activities Application requires a resume and unofficial transcripts, cover letters are optional
Strengths assessed against 4 major attributes It is a good idea to familiarize yourself with our 2 types of interviews
Description Experience interviews
Case interviews
▪
▪
Capabilities and potential assesses in 4 areas critical to our daily work
During the experience interview, be prepared to discuss specific instances of when you have shown relevant skills and have been challenged or stretched
▪ ▪ ▪
Achieving
Demonstrate your ability to structure thinking, respond to complex or ambiguous problems, and reach sound conclusions with limited facts in a short time
▪
Problem solving
Personal impact Leadership
What is the recruiting process for last-years?
CV + cover letter What?
▪ Screening of CV
Round 1
▪ 60-minutes
Round 2
▪ 3 interviews
Round 3
▪ 3 interviews
problemsolving test ▪ 3 interviews
How?
▪ Screening based ▪ Discussion on on academic results and evidence of drive and leadership
▪ Discussion on ▪ Discussion on CV – personal CV – personal CV – personal experiences experiences experiences ▪ Case study ▪ Case study ▪ Case study ▪ Q&A ▪ Q&A ▪ Q&A
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