McKinsey & Company Business Analyst Interview Questions, Process, and Tips for Freshers

Round: Test
Experience: Shortlist is made based on resume. Last year, about 20 people were shortlisted from nearly 200 applicants. They look for people who have excelled in various verticals like academics, leadership qualities etc. After the shortlist based on resume, a workshop was held by the company where they explained the selection process. Each selected candidate was allotted a “buddy” in the company with whom they'll be constantly interacting and preparing for the interviews.The test paper consisted of business problems, similar to case interviews but in written format. Questions based on data interpretation were also asked. All questions were objective type questions. The written test is held just to make sure that all the shortlisted candidates clear a basic cut off of knowledge about data analysis and case studies.

Round: Case Study Interview
Experience: Problems related to business will be given and they'll ask you to suggest a solution.
Tips: Some sample case interview questions are available on McKinsey's website.

Round: HR Interview
Experience: Questions will be asked based on resume- to evaluate and validate resume points.
Tips: Try to express your personal story in an interesting and innovative way.

General Tips: A good CGPA and good core interns will be useful.In the resume, pitch about credentials and extracurricular activities you taken part in to show how you have contributed. Focus more on the impact of your achievements and try to quantify the impact.Attending the workshop conducted by the company (if done this year) is essential.
Skill Tips: "Leadership skills, like leading a team for Inter-IIT, being a core/ secretary would give you an edge over others."
Skills: Leadership Skills
College Name: IIT Madras

Round: Resume Shortlist
Experience: The company looks for exceptional performances in the resumes. They want to have people who are good on all fronts and are exceptional in a few things. So tailor the resume accordingly and bring out all the spikes that you can put forth.
Tips: They usually have a resume making workshop where they tell about their expectations from the resumes. Make full use of that workshop.

Round: Interview
Experience: I appeared for 4 interviews in total. Each interview had case study as well as HR questions. It is very important to engage the interviewer in a conversation and remain confident throughout the interview.
Tips: Show the interviewer that you are really passionate about whatever you have done.

General Tips: Pre-Placement Preparation

1) Selecting sectors or companies
Select your group of target companies and sectors. You should realize what your interests are and what kind of job would suit you, and according to that you should prepare a list of companies that you are going to focus on primarily. This list should not be too narrow that you have too few companies to target and not too broad that you end up sitting for every company visiting the campus.

2) Attending PPTs
The PPTs and the workshops organized by the companies form a key input in the decision process of choosing the companies. Be attentive during the PPTs and note key points mentioned – like the profile, compensation structure and the contacts of the people (especially alumni) in the company. This helps a lot during the preparation for the particular company.

3) Resume
The best way to start the preparation for the interview process is to start by making a list of all things that you have done in your life. This list should contain every small and big thing that you have done. Once the above list is made, make a master resume out of the list by retaining all the important things and putting them into formal language. The smaller works can be kept for narrating during interviews. If your master resume is properly made then preparing company tailored resume becomes very easy. After the master resume is done, it is time to make sector/company specific resumes. Every sector must have different resumes and, if possible, also make the resume specific to every company. Take feedback from your friends and seniors and make necessary adjustments.

4) Communication skills
You can make a GD group and conduct regular GDs to help you prepare for the GDs. In fact, also ask your friends to conduct mock interviews and record these interviews. You will actually come to know what to do and how you react during the interviews.

5) Written Tests
If you are targeting companies that take CAT-like aptitude tests, then prepare for them by solving some CAT papers. These tests just check practice and someone who has been preparing will definitely have an edge over a person who is not in touch.

6) HR Interviews
Make a list of the commonly asked HR questions and then prepare answers for them. Do not learn the answers by heart but make sure you know the important points that you want to mention for each question.

7) Case Interviews
The best way to prepare for a case interview is to form groups and solve case studies interactively as you would do in an interview.

8. CSE Preparation
For the CSE companies, I brushed up basic data structures and algorithms as well as C/C++ and Java. Other than that, I also glanced through Operating Systems, Compilers, Networks and databases. Make sure that you understand the basic concepts behind these things as well as particular details of popular implementations of each of these systems.
College Name: IIT KANPUR

Round: Resume Shortlist
Experience: McKinsey looks for a spike in your resume, people who have commendable achievements is their field of choice, academics, extra curriculars or sports. So be sure to make your resume accordingly. McKinsey adds a lot of weight-age to formal awards, scholarships, achievements (like inter-IIT) etc. But if you don't have them (like me) you just have to make extra effort to show that you have equivalent achievements.

Round: Interview
Experience: First, I was asked about myself and mostly my connection to dance and the dance club. (Some interviewers do this to make you comfortable at the same time analyzing your personality). In the first interview I was given an estimation case about the dish TV industry. Here the interviewer was mostly interested in my approach to solving the problem and if applicable my numerical skills. 

The second interview was a pure business case about the printing business. Here my creativity and business sense (read common sense as applicable to a business situation) was put to test.
Tips: McKinsey interviews are mostly case study based. So prepare accordingly. Once you get shortlisted they send you a ton of material, search for a “Vault” case book amongst this pile. Reading that should be enough ;). First read the basic material by you and once you are confident enough make a group of around 3 people and practice case studies.

I guess this job opportunity meant a lot to all of us and it did to me too. I became nervous and that severely affected my performance and moreover I looked under confident. Take on every interview as if that job doesn't mean anything to you.

General Tips: Internship: (attention third year people!)
When it comes to the placement interview, internships play pivotal role. There are rarely any interviews where the interviewee isn't drilled on their internships. So, please don‟t treat an internship as a paid vacation. Good work done during the internship gives one the confidence that can very well bowl the interviewer over (as it did in my case :D). Believe me confidence does much more than get you a job; it determines success and failure in most
undertakings. Internship gives you the first chance to build that up … use it! 

Pre Placement Talks:
Please attend the ppts of at least those companies which fall into your sector of interest. At ppts you get to see a lot more things than the boring presentations and the pay package. Most companies bring along with them alumni who have spent a few years in the company. Observing or interacting with them will give you a good assessment of what you are going to be a few years from now if you join that company. For example I observed that alumni of XYZ Company were not as upbeat and confident as alumni of ABC Company (names have
been hidden on request ;) ) even if XYZ was paying plenty more than ABC. I knew then and there that I would want to join ABC and never applied to XYZ. Be sure to utilize them and be sure to clear all your doubts and conceptions. Once you start attending presentations you will observe junta asking questions just to score brownie points with the speaker. Believe me it won't help one bit in landing them a job!

Resumes:
Making an appealing resume is the single most important step in the placement process and IITK is notorious for its bad resumes, so attend workshops. Like most IITK junta I sucked at making a resume (and still do), but whatever little skill I have, I got through workshops. One workshop I would advise everyone to attend is the resume making workshop of McKinsey. Get your resumes checked and edited by those who have been through placement especially by those from other IITs (I know this will hurt a lot of egos, but IITB's resumes are some of the best. Those dudes have mastered the art of making an impact with whatever little they've got, while we excel at doing exactly the opposite :P). Prepare an impactful resume and don't submit the same resume to every company, make changes based on the profile.
College Name: IIT KANPUR