In September, the IE Consulting Club kicked off its series Consulting: An Insider View with McKinsey & Co. José Ramón Finch, Engagement Manager with the Strategy and Corporate Finance practice and Recruiting Coordinator, Mariña Lopez, both from the Madrid office, came to IE to speak to students about a career with McKinsey. José began the session with a review of the interview process one can expect at McKinsey, particularly the infamous case interview.
In order to succeed at McKinsey it is important to have mastered the case interview, as it is intuitive to the situations one will experience as a consultant with the firm. The ability to clarify, structure, analyze and reach a logical conclusion when faced with an ambiguous company problem is the key to success as a management consultant.
José walked the 55 attendees through a sample case interview question and encouraged students to utilize a framework and talk through their thought processes. To be successful in a McKinsey interview, José offered the crowd three simple tips:
1. Explain your thought process- the interview needs to see how you think!
2. Refine your hypothesis with intuition and feedback from the interviewer.
3. Push for a conclusion- that’s the point of hiring a consultant in the first place!
José and Mariña then spoke about the qualities they seek when recruiting for McKinsey. They stressed the importance of a McKinsey candidate to have strong problem solving skills; practical, common sense; and strong communication skills.
Interested in applying? Applications from the November 2012 Intake graduates should be submitted as soon as possible as the Fall recruit season starts in October. Stay tuned and visit our Facebook page for more to come from the IE Consulting Club!