McKinsey & Company
Someone once said “Far and away, the best prize that life has to offer is the chance to work hard at work worth doing.”
Our consultants tackle complex, world-shaping challenges… from re-imagining healthcare systems, to shaping education in Africa, to developing new directions for European companies that are searching for job creation strategies in the 21st century.
McKinsey’s scope and scale are a means to achieve this business and social impact. Size isn’t a goal; it’s a necessary requirement for impact. It enables us to work with 90 of the top 100 corporations world-wide, legions of preeminent NGOs, more than 30 governments in OECD countries, and more than 60 governments in developing nations.
Our teams work in more than 100 offices in over 60 countries Their work spans industries and functional areas from new category development for global technology leaders, to innovative and sustainable manufacturing transformations, to social media strategies for retailers. Beyond client work, McKinsey’s thought leadership is embodied in internationally trusted publications including the McKinsey Global Institute research reports and the McKinsey Quarterly.
Please visit www.mckinsey.com/Careers to learn more and apply to join us.
Many talk about personal development, but here at McKinsey, we approach it in a very unique and affirming way. It starts with a simple premise: everyone is here for a reason. Each colleague’s unique strengths enable us to serve our clients at the highest possible level, and we are committed to help our people build upon their natural strengths and abilities.
We offer three fundamental opportunities for professional growth: on-the-ground apprenticeship, mentorship, and formal training programs.
Our consultants learn the most on-the-ground, in the rigorous but creative interaction of daily life at McKinsey. Our team rooms - where small groups of colleagues, experts, and clients collaborate – are the locus. Our people continually reference these high-impact settings as key factors that shape their McKinsey experience. Team engagement leads them to experience more, grow faster, and build longer-lasting relationships.
Our consultants are given regular feedback through structured mentorship. Consultants meet at least twice per year with their assigned development coach, and frequently engage in feedback-related conversations with their peers, managers and team leaders.
We’re not a “sharp-elbows” place where you’re reviewed with a fault-finding eye. It’s just the reverse - people who support people are the ones who become our leaders.
We also put our money where our future is. We invest over $100M a year in formal training programs for our consultants. New hires participate in 5 weeks of in-person courses during their first two years with the firm. Please visit our Careers website to learn more (http://www.mckinsey.com/careers/how_youll_grow).
We also recognize that you need a full life outside of McKinsey, so we’ve developed many industry-leading programs to help create balance. Our long-successful part-time partner-track programs are something we’re very proud of. We launched Take Time in 2012; this program encourages consultants to take 5 to 10 weeks of leave time in addition to vacation each year to explore areas that require focused time. This time has been used for the pursuit of personal passions ranging from finishing a novel, to getting an advanced scuba certification, to accompanying a spouse on a rural medical residency. You can learn more about our part-time and Take Time programs on our Careers website (www.mckinsey.com/Careers).
The best way to get to know McKinsey is through our people. They come from a variety of educational, professional, and cultural backgrounds. At McKinsey, diversity is welcomed and honored in its broadest definition - gender, sexual orientation, race, education, etc.: musicians, authors, athletes, entrepreneurs, surgeons, PhDs, engineers, military veterans and Olympians all call McKinsey home. What might be surprising, though, is just how down-to-earth and fun our people are. Please take the opportunity to meet a cross section of our members on our Careers website.
As continually stimulating as we believe the work and community are here, people do leave. We are proud of what they go on to achieve. (It’s great that there’s a lot of McKinsey in places other than McKinsey. Our nearly 27,000 alumni are making a difference in virtually every sector in over 120 countries. One in four has started their own venture (including ZocDoc, Teach First, Ethos Water, and Shopkick). Over 300 are CEOs of organizations with revenues north of $1 billion. We work hard at sustaining the connection between our alumni community and current staff by hosting formal events and fostering informal networking. The strength of these relationship bonds is a lasting benefit of a McKinsey career.
Values have been at the heart of McKinsey since our company was founded by James McKinsey in 1926. They center on putting clients’ needs first and growing our people. Our values give us the strength to lead. They guide our work and give us the courage to speak up, even when it is unpopular, even under the most difficult circumstances. We celebrate these values every day and even set aside one full day a year, when everyone at McKinsey, worldwide, talks about and reflects upon the importance and impact of our values in their daily lives. You can read more about them here (http://www.mckinsey.com/about_us/our_values).
We also believe that diversity is an intellectual and ethical operating system, not a partial approach to business or life. Our commitment is apparent throughout our history. For example, we were among the first to actively recruit gay, lesbian, bi-sexual and transgender candidates (our GLAM network) and provide equal tax treatment on a global basis for domestic partners. Please visit our Careers site to learn more (http://www.mckinsey.com/careers/mckinsey_life/diversity_networks).
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- Comp & Benefits
- Work/Life Balance
- Senior Management
- Culture & Values
- Career Opportunities
I have been working at McKinsey & Company full-time (more than 3 years)Pros
Collegiate environment, smart people, interesting projects, access to senior managementCons
Long hours, constant travel, constantly jumping from one project to nextAdvice to ManagementAdvice
Focus more on maintaining work-life balance in order to retain employeesRecommendsNeutral OutlookApproves of CEO
Getting an Interview
Getting an Interview
11 people found this helpfulInterview Details
Three Rounds of interviews:
1st Round - test
2nd Round - 2 case interviews + fit questions
3rd Round - 3 case interviews + fit questions
Read website which has extensive explanations of interview process and practice cases. Get a hold of business school case books for further practice and refinement of structured problem solving techniques. Practice doing calculations by hand, short cuts, and doing calculations in front of people.
The feedback I received was that I was energetic, genuine, and seemed comfortable. Try not to be nervous. Also have structured responses for fit questions.Interview Questions
- Tech company wants to enter the healthcare space. You have a meeting with the client next week. How would you think about structuring this meeting. Answer Question
McKinsey & Company is a consulting company with a two-fold mission. We help our clients make distinctive, lasting, and substantial improvements in their performance. We also focus on making McKinsey a great organization that attracts, develops, excites, and retains exceptional people. Our people are motivated by this common purpose and inspired to approach their work with entrepreneurial energy and passion.
That’s why we say that when you have a career at McKinsey, you “don’t just come to work. You come to change.”
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