I applied in-person and the process took 4 days - interviewed at McKinsey & Company in November 2013.
Interview Details – Know your expertise and what you can contribute. Be very familiar with the culture and be prepared to show energy and excitement to be part of the team
Interview Question – Everyone has bad days, our clients do not understand as they pay full price everyday. How can you continue to give 150% on a bad day? View Answer
Negotiation Details – negotiate for bonus, there is bump available in salary of at least 15%, ask for 6 mth review so that your next bump can come early
I applied through college or university and the process took 3 weeks - interviewed at McKinsey & Company.
Interview Details – Mckinsey has a notorious reputation for its grueling interview process. I say it's all relative. Understand the candidate pool from which they chose is highly selective and without a doubt very intelligent. Just because you have graduated from Harvard (or any other Ivy) does not make you a shoe-in, and just because you have never attended one does not disqualify you either. I did not attend an Ivy and was hired as an Engagement Manager, my fiance graduated from Harvard and was not (however she was hired by The Boston Consulting Group). The interview process is as much an endurance test (to see how you perform under duress and maintain an effective thought process) and as a way to see how well you can execute and convey a well structured thought process. That thought process has to be both specific to the case without deviating to much on minor details, yet broad enough to account for any unexpected curve balls. The latter is where I have seen even the brightest individuals fail. The end product is the major concern especially with case studies. It is so easy to go off on a tangent with specifics (of course I only learned this after having received feed back from the interviewers - they commended me on my ability of not straying while still taking into account particulars and I quote "We can't give you any improvement advice; please continue in the same manner in the final round"). Anxiety is a major factor in the interview process... keep a structure and actively listen during case studies as keywords will make or break you from proceeding with the interview process. Mckinsey is also very thorough when selecting a candidate as they will comb through your entire resume to ensure it is not over inflated - know it inside and out and be able to go into a lot of detail. They also what to make sure that you "fit" into their corporate culture so a multitude or personality gauged questions/ scenarios are to be expected all through out the process. Keep good and effective notes because the last thing you want is a simple miscalculation to disqualify you (as in the case of my fiance and she holds a Ph.D in Econometrics). Their is no secret to being hired. You’ll be judged less on specific answers to case questions than on the method by which you arrived at them. In other words, you’ll be judged on how you think. I should also point out that creativity plays as large of a role as is being analytical. They want someone who can combine an intellectual and creative approach to problem solving with practical advice on how to put the chosen solution in place.
Interview Question – It was long and arduous but the case studies do not set you up for failure - they are a gateway to see your approach to any number of circumstances to a particular case. The keyword being approach. Answer Question
Very Difficult Interview
I applied through a recruiter and the process took 3 days - interviewed at McKinsey & Company.
Interview Details – Very thorough interviewing process, based on specific cases closely related to actual future content of the job. Limited exposure to real company culture, but direct interaction with real collegues. IT gets very clear how demanding the expectations are and it is rather difficult to pass to the next level.
Interview Question – cases are generally not related to area of expertise, directly aimed at putting the candidate out of confort zone, and to test in that condition the analytical thinking skills and the ability to quickly adapt to new situations. Answer Question
Negotiation Details – Limited possibility to negotiate.
I applied through a recruiter and the process took 2 weeks - interviewed at McKinsey & Company in August 2010.
Interview Details – - Phone based case interview - round 1 with a Director
- Rounds 2,3 and 4 at Mckinsey local office - with another Engagement Manager and couple of Partners
- Elitist culture, very aggressive attitude towards lateral hires, think of their Brand too highly almost to the verge of being arrogant without any significant substance
Interview Question – How would you handle a cclient who has far more number of years of experience than you and doubts your credibility as a consultant? Answer Question
Reason for Declining – - Culture of arrogance, approach towards trying to make an experienced hire take a salary cut even when the skill-sets of the hire were of much relevance to the firm
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