welcome 23% firm members have phd, md, jd degrees > 1,100 consultants have used part-time...
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Welcome
23% firm members have PhD, MD, JD degrees
> 1,100 consultants have used part-time programs
130 women partners
128 spoken languages
24% alumni have started their own business
> 95 offices in more than 50 countries
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 solve complex problems for the world’s leading institutions
Help leading ICT player to fundamentallytransform it’s business
Reshape the portfolioof a leading chemicalscompany
Help a public broadcasterdefine it’s strategy in thedigital age
Help U.S. stategovernments improveand expand medicalcoverage
Bring countries, companiesand non-profits together tofight diseases like AIDSand malaria
Develop the first globalgreenhouse gas abatementcost curve
Vault’s #1 Most Prestigious Consulting Firm
“We serve 90% of the 100 largest global companies”
We are advisors to leaders in the private, public, and social sector
As a young consultant, you will perform a diverse range of activities on a project …
Building models
Interviewing clients Problem-solving with the team
Learning from industry experts
Presenting to the team or to the client
A typical client study teamBusiness analyst
Brussels Office
Team room at client site
Technology specialist
Boston Office
Partner
London Office
Associate
Munich Office
Engagement manager
Paris Office
Client team members
Chief Financial Oficer
Chief Marketing Officer
Practice expert
London
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
My 2 years as a McKinsey (Junior) Associate
Free-time
▪ My family: married, 2 little daughters
(2.5 and 1 year)
▪ 11 weeks vacation (in 2-years)
Project locations
▪ Brussels, Vienna, Antwerp, Tilburg
Training
▪ Basic Consulting Readiness (1 week, SF)
▪ Mini MBA (3 weeks, Austria)
▪ Initial Leadership Workshop (2 weeks, Austria)
My growthanddevelopment
How I came to be on the project
Impact
Challenge
Client
My most exciting client study
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)▪ Increased efficiency with 20%▪ Improved motivation of people working in the department
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.
Insurance McKinsey: Partner (PA), AP (PA), EM (ANT), ASC (BRU)
Brussels 3 months
Life insurance provider for small businesses/independents
▪ 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)
Industry Team
Location Length
My calendar this week
Fly to Italy
Office Happy Hour
TuesdayMonday Wednesday Thursday Friday
Start of weekend!!!
08:00
09:00
10:00
11:00
12:00
1:00
2:00
3:00
4:00
5:00
6:00
7:00
8:00
Major goal for the week: Finalize the organizational design of the commercial function
Work with client team member
Check in with the rest of the team
Dinner and finalize a document
Dinner at homeDinner
Client work shop on org design of commercial organization
Handle strategic questions from partners
Client work shop on org design of commercial organization
Fly back to Brussels
PhD event K.U.Leuven
Analyze the outcome of this weeks work shop
Pass-by home
Work from Brussels office on finalizing outcomes of this weeks work shop
Weekly call client project teamWeekly call with senior client
The Benelux office has an important role in the worldwide network
Louvain-la-Neuve
Amsterdam
Antwerp
Brussels
Luxembourg
About 160 consultants and 22 knowledge professionals in the Netherlands
About 170 consultants and 58 knowledge professionals in Belgium and Luxembourg
Other events you can attend to get to know us better
Where? For whom?Application deadline
Brussels office All PhD students 28 JanThursday, 3 Feb Connect – Company presentation
Brussels office PhD students in their final 2 years
15 FebCase DaySaturday, 26 Feb
What?When?
▪ $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
Come to McKinsey to experience exceptional growth
Basic Consulting Readiness
5-day workshop in your first month
Practice the skills needed for success on your first client project:
– McKinsey’s approach to problem-solving
– Building trust-based relationships
Business Analyst Training
5-day workshop in your first year
Practice problem-solving in a team environment
Develop your skills in listening, asserting, and conflict resolution
Expand your professional network
Career steps – Consultant track
On-going coaching and
mentoring
Business Analyst / Junior Associate
Associate Principal / Partner
DirectorEngagement Manager
Associate
▪ Firm leadership▪ Basic consulting and business skills
▪ Engagement leadership
▪ Client leadership▪ Enhanced problem-solving
2-3 years 6-8 years2-3 years2-3 years
Entry point (without or with limited business experience)
Entry point (with relevant business experience and/or after an MBA)
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
Experience interviews
▪ Achieving
▪ Personal impact
▪ Leadership
▪ During the experience interview, be prepared to discuss specific instances of when you have shown relevant skills and have been challenged or stretched
Case interviews
▪ Problem solving▪ Demonstrate your ability to structure thinking, respond to complex or ambiguous problems, and reach sound conclusions with limited facts in a short time
Capabilities and potential assesses in 4 areas critical to our daily workDescription
It is a good idea to familiarize yourself with our 2 types of interviews
What is the recruiting process for last-years?
▪ 60-minutes problem-solving test
▪ 3 interviews
▪ Discussion on CV – personal experiences
▪ Case study▪ Q&A
▪ 3 interviews
▪ Discussion on CV – personal experiences
▪ Case study▪ Q&A
▪ 3 interviews
▪ Discussion on CV – personal experiences
▪ Case study▪ Q&A
▪ Screening of CV
▪ Screening based on academic results and evidence of drive and leadership
Round 1 Round 2 Round 3CV + cover letter
Cons-tructive
feedback
What?
How?