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ACE THE CONSULTING INTERVIEW - Interview tips from Ex-McKinsey consultant (case study etc.)
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- Опубликовано: 2 авг 2024
- Do you ask yourself how to get into management consulting firms such as McKinsey, BCG or Bain? The interview process of leading MBB consulting firms is tough. It consists of CV reviews, experience interviews and case study interviews. Based on my experience working as consultant at McKinsey for many years, I share my insights on how to tackle the different typical sections of strategy consulting interviews. I will show you how to ace the interview. Learn some important case study interview preparation strategies. Consulting case studies are often used in consulting interviews. But other sections, such as personal experience interviews, are important as well.
Get the free Consulting Interview Preparation checklist:
link.firmlearning.com/checklist
Chapters
00:00 Basics of Consulting Interviews
02:47 Interview Preparation Checklist
03:33 CV review interview
06:56 Experience interview
11:50 Case study interview
18:25 Conclusion
🎓 COMMUNICATIONS AND SLIDE WRITING ACADEMY*
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GMAT PREPARATION*
When I took the GMAT for my LSE Master and INSEAD MBA, I scored above 700 with only 3 weeks of studying. The Economist GMAT Tutor was a key component of my preparation, highly recommended:
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BOOK RECOMMENDATIONS*
The Hard Thing About Hard Things - Ben Horrowitz
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Extreme Ownership: How US Navy Seals Lead and Win - Jocko Willink
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The McKinsey Way - Ethan Rasiel
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Influence: The Psychology of Persuasion - Robert Cialdini
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How a Diet can be a Game Changer in Life - Marie Mirrlees
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All views expressed on this channel are private opinions of this channel's creator Heinrich. This is NOT an official channel of any consulting firm.
Hope you found this helpful! This is the link to the free Consulting Interview Preparation Checklist: link.firmlearning.com/checklist
brilliant content. Huge thanks for your content
Thanks a lot for this comprehensive Guide for consulting interviews, Heinrich!
Watching your videos actually helped me get a job as a consulting analyst. I'd like to thank you for that and I believe you have played a huge part in it 🙂
Great video, thanks! Especially the section on the experience interview within the consulting interview.
Glad you enjoyed it! Best, H
Thank you for your leadership on this initiative
Heinrich, honestly your videos are extremely insightful. I cannot stress how much impact you are delivering with your content. Big big thank you!
Hi Munya, thank you for your kind comment. Super happy to hear that the videos are helpful!! Best, Heinrich
Maybe a tip for future videos: Many viewers are interested in personal examples, during the whole video I was wondering what you particularly did to earn leadership experiences before joining McKinsey and how you explained it in your own interview :) If you don’t mind, I would be glad about an answer from you!
Hi Michael, yes makes sense, thanks! One of the things I did: During university, I founded an organization that collects decommissioned PCs and other IT equipment from corporations and donates it to refugee centers and other people in need (Digital Helpers). We built up a larger team with local groups in several German cities, won prizes etc. From this experience, I was able to extract some leadership stories. Hope this helps! Best, Heinrich
I’m in the final stretch of my MBA and must say I have enjoyed your videos as I prep for interviews. Great content!
Thanks for the feedback! Always great to hear. Hope you will like this one as well! Best, Heinrich
And here I am ....
In the first semester of my MBA
Awesome video, thank you so much!! Watching from Brazil
Thank you Lúcia, appreciate it! Best, Heinrich
Good video. I would love a deeper dive into the case study prep
Hi Kenneth thank you for your comment and suggestion. Much appreciated! Best, Heinrich
Thankyou Heinrich 👍 helped alot and cleared many doubts
Hi Dimple, thanks for your kind comment! Super happy to hear the videos are helpful. Appreciate it, all the best to you! Heinrich
Great content, thank you!
Thank you Kerim - glad you enjoyed it! Best, Heinrich
Excellent Heinrich! Thanks man! Also subscribers to and downloaded the interview prep related sheet - thanks man! Also recommended your channel to a relative who’s interested in breaking into your channel! Raza :)
Hi Raza, thanks for your comment! Great to hear you found the video and the material helpful :) All the best to you!! Heinrich
@@FirmLearning =)
(appreciate the replies by the way and the authenticity in which they come across!)
@@razabadass Thanks!
@@FirmLearning =)
Outstanding content! Very helpful
Glad it was helpful! Thanks for watching :)
As someone who works in consulting, I find your videos excellent material.
I started with a consultancy that adopted grading against the curve (measured against teammates). This creates toxic self centred culture and I am curious what would you recommend to excel in such environment.
Yes agree that a too competitive environment is not healthy. Thanks for watching! Best, H
Hey! Any tips on practicing mental/paper math? Like a particular android app? Love the channel!
Hi Daniel, no specific tips but if you google that topic, there are lots of practice websites coming up :) Lots of success to you!! Heinrich
Your videos are very helpful! I'm interviewing with McKinsey in a couple days time and have a question about taking some silent time out to answer the questions - if the candidate takes too long and the interviewer cuts in to demand a response, do you think that is detrimental?
Hi, believe here it is important to read the situation and the interviewer a bit. Usually in the beginning of the case or the experience interviewer, it is absolutely OK and expected that you take some time to structure your response. Whenever a new segment of a case starts, it is also ok to take some time. Of course in between these times the interviewer will try to engage you in a real conversation about the case, here then you should also be comfortable to just naturally talk to hin without making a break for every little answer. Best! Heinrich
Hi, thank you for you helpful videos.
I have a question about the salary, there's a negotiation or it's known depending on your CV?
Hi Fatma, especially in the large firms (MBB etc.) you will not be able to negotiate your salary in most regions, especially on the junior levels. In some offices it might be possible to negotiate a one-off signing bonus. As an experienced hire you can try to negotiate the exact level that you will be able to join (with different attached salary levels). Best! Heinrich
How do the case and other parts of the interview vary depending on whether you are graduate, vs experienced hire vs MBA Graduate?
Hi Alistair, overall you can expect them to be pretty similar regarding the process! If you apply for an expert track, you will likely get cases about the topic of your domain knowledge. Best! Heinrich
i would like to hear your views on private equity and investment banking as well
Hi Chulbul, thanks for the comment. Recently did a video with Afzal, talking about Goldman Sachs. Maybe this is already interesting? But yes, will continue creating more videos about topics like this in the future!! Best, Heinrich
Do you have any video tutorial or online source for "Associate" interview in McKinsey ? Kind regards,
Great video! Can you also make a video on non-consulting interviews?
Thanks! Also thanks for the idea! :) Best, Heinrich
Hi! Thanks for your videos, I find them very valuable for people like me that would like to start an experience in consultancy. I subscribed to the newsletter to get the checklist but I didn't receive any email. What should I do? Thank you
Hi, thanks for your comment! You did subscribe to the newsletter using this link ( link.firmlearning.com/checklist ) correct? I have some sign-up pages linked in other videos with are not connected to the checklist. In this case, you can just sign up again via the link and then it should work.
After signing up, you should receive an e-mail with a download link (the checklist is not directly attached to the e-mail). Please check your spam folder if you did not receive it.
Best! Heinrich
@@FirmLearning Thank you Heinrich, I tried again but still no email...
i am from a small firm engineering consultancy firm, wanted to go into management consultancy, apparently my CV keep getting rejected...
Is it possible to get into consulting not straight away after graduating but rather after few years after? I want to gain some experience in leadership and communication. Is it possible to get into consulting without excellent university grades, rather exceptional skills acquired after work experience in a startup ?
Watch marker: 8:57
Thanks for watching Fleur! :)
@@FirmLearning thank you for putting so much great information online! Very helpful for a fresh graduate like myself.
@@fleurarkesteijn5122 Thank you Fleur :)
can you say personal stories if i can not think of work related stories? Ofcourse i will also try to keep the personal stories positive!
Yes but these must stories must highlight how you would be a good fit for the role and the company!
i want to apply to BCG, I'm currently in a Master of Science in International Business, but i dont have any experience yet about consulting. idk what should i put on my resume
Wow a 20 minute sales pitch
I wonder why there is so much emphasis on mental math even when you can always have a calculator or Excel to help you on the workplace.
Thanks for watching! Consultants are often doing quick calculations for ease in the workplace!
Hello Sir, I'm an arts student preparing for consulting. Sir how to prepare for case interviews as I don't have fundamental knowledge of management like marketing, corporate finance, operations etc. Then how can I prepare, which books or study material should I prefer that starts from the basic in easy Language. Sir please reply
Thanks for watching the video! For most consulting firms interviews you do not require any prior knowledge and the interviewer wants to understand how you think. For preparations you must make sure you clearly understand what a case interview entails. Once you understand this it is important to practice both on your own and with case partners. :)
Hey Heinrich, great tips!
In your experience, are consulting firms looking for GMAT scores?
Because I was thinking that, prospectively, many consultants will end up taking an MBA; subsequently, having an astonishing GMAT gives consulting firms guarantee that their consultant will be accepted by a prestigious business school.
So, would you advise me to prepare the GMAT? (I will graduate next year)
Hi Andrea,
Yes, consulting firms do look at the GMAT, if you did one. However the firms will not expect that you do a GMAT just for the consulting recruiting process. Also have never heard of someone do the GMAT just to get into consulting.
Nevertheless, a high GMAT score will help you to get invited to interview, also because it indicates high analytical abilities which is valued by cosulting firms. But be aware that in many online application forms, they ask candidates to insert their GMAT score if they did one. You might therefore put yourself in the position (if you want to comply with the process) of needing to reveal your GMAT score even if your score turned out to be not as great as you hoped.
Here some additional thoughts: ruclips.net/video/vwsxOAZ6T0g/видео.html
Hope that helps!
Best, Heinrich
@@FirmLearning Yes, as far as I understood, GMAT is like a business card that may help someone getting the first interview.
About revealing a bad mark, don't know.. there is the option to discard a certain test score, it may help.
Thanks for your precious advice Heinring, very useful!
Sure thing - lots of success to you! Best, Heinrich
Hahaha you sound really German!!! Anyway good vid. very helpful
Wow, Schwarzenegger accent on point
;) Thanks for watching Jessie! Best, H
sheesh
:) Thanks for watching
Comment for the algorithm 🍩😀
Thanks Steven - much appreciated!! :) Best, H
pardon you are a germen pardon ahaha oki oki.. no problem...
I thought it was a joke at first because he sounds like Arnold Schwarzenegger. I know I am not the only one...
;) Thanks for watching Mark! Best, Heinrich
what is your origine.. really your english accent....