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McKinsey & Company Consultant Interview Questions and Answers for Freshers
McKinsey & Company Consultant Interview Experiences for Freshers
2 interviews found
Anonymous
Interview Preparation Tips
Experience: They short listed about 22 students. They had 2 rounds of interviews. I was not able to make to the second round. In the first round I had 2 interviews. In both interviews a case study was given and some HR questions were asked. In my first interview the interviewer gave me a case of a steel industry. It was like that my industry had 2 places from where I can procure my raw material and I had to decide which place is better. I did pretty well in this interview. HR questions included about my academic achievements, why not research, my experience as Mess secretary etc. You will always enjoy giving interview to a consultancy firm because this people make you very comfortable. Though it was my first interview but I was not nervous at all. In my second interview I screwed up my case. The case was about a company which is earning lots of profit and is now looking for new fronts to invest the money. I started talking about vertical integration and horizontal integration in the same field in which company was operating. But in the end interviewer told me that he expected me too look into different new ventures like real estate etc. Though I was not shortlisted further but I enjoyed a lot my first interview.
College Name: IIT BOMBAY
Interview Questionnaire
4 Questions
- Q1. CASE: Making recommendations to a telecommunication firm on the efficiency of it's distributed network
- Ans.
Recommendations for improving efficiency of a telecommunication firm's distributed network
Conduct a thorough analysis of the current network infrastructure
Identify areas of congestion and bottlenecks
Recommend upgrades to hardware and software
Implement load balancing techniques to distribute traffic evenly
Consider implementing a content delivery network (CDN) to reduce latency
Ensure proper security measures are in place
- Q2. What I would consider my most significant achievment
- Ans.
My most significant achievement is leading a team to develop and launch a successful product.
Led a team of 10 developers and designers to create a new mobile app
Managed the project from ideation to launch, ensuring timely delivery and high quality
Implemented user feedback to improve the app's functionality and user experience
Achieved over 100,000 downloads within the first month of launch
Received positive reviews and m
- Q3. Why consultancy
- Ans.
Consultancy offers the opportunity to work on diverse projects, learn new skills, and make a positive impact on clients' businesses.
Consultancy provides exposure to various industries and business models
Consultants work on challenging projects that require problem-solving skills
Consultants have the opportunity to learn new skills and develop their expertise
Consultants can make a positive impact on clients' businesses b...
- Q4. CASE: About a cement company setting out to buy off another firm
- Ans.
A cement company is planning to acquire another firm.
The cement company should conduct thorough due diligence on the target firm.
They should consider the financial health and stability of the target firm.
They should also assess the potential synergies and benefits of the acquisition.
The cement company should negotiate a fair price for the acquisition.
They should also have a clear integration plan in place to ensure a s...
Interview Preparation Tips
Experience: The trick was here to recognize that even though the firm had several hundred client in each city, it was a few big clients who contributed to most of it's revenue and a distributed network targeting these few clients was the expected recommendation.
Round: Case Study Interview
Experience: The task was to explore possibilities of synergy in this acquisition. The case was based entirely on common sense and elementary mathematics. The interviewer wanted me to write equation showing how costs would reduce if the two companies merge.
HR questions were about strengths, weaknesses, MI etc
General Tips: 1.Pre placement preparation:
Work on your communication skills! It's absolutely necessary to be able to speak fluently with good diction
2.Resume:
Consultancies look for spikes in your career. Spikes are the areas in the resume where you have shown outshining performance.
3.Case Studies:
Practice them in groups. Avoid technical jargon and frameworks.
College Name: IIT BOMBAY
Top trending discussions
Interview questions from similar companies
I appeared for an interview in Nov 2020.
Interview Questionnaire
1 Question
- Q1. Oops concept, collections, spring annotations, SQL queries
Interview Preparation Tips
2nd round was technical interview and 3rd round was managerial round
I applied via Campus Placement and was interviewed in Oct 2020. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Introduce yourself, about the role and cross questions on profile
Interview Preparation Tips
I appeared for an interview before Oct 2020.
Interview Questionnaire
2 Questions
- Q1. Asked questions related to my projects.
- Q2. Situational questions with no exact answers
Interview Preparation Tips
I applied via Naukri.com and was interviewed in Sep 2020. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. There will be 4 rounds
Interview Preparation Tips
Second round will be manager round.It may be JD topic or it may take other topic. Third round will be Partners round. It will be just see u are capable or not .Forth round will HR discussion.
Interview Questionnaire
5 Questions
- Q1. Tell me something about yourself?
- Q2. Why you want to join us?
- Q3. Articleship Experience
- Ans.
Articleship experience is essential for gaining practical knowledge and skills in the field of consulting.
Articleship provides hands-on experience in real-world scenarios.
It helps in understanding the practical application of theoretical knowledge.
Working under experienced professionals enhances skills and knowledge.
Articleship is a crucial step towards becoming a successful consultant.
- Q4. Recently adapted Ind As's
- Ans.
Ind AS's are Indian Accounting Standards converged with IFRS.
Ind AS's are applicable to certain classes of companies in India.
They aim to bring transparency and comparability in financial reporting.
Ind AS's have been adapted from IFRS with certain modifications.
They cover various aspects of accounting such as revenue recognition, leases, financial instruments, etc.
- Q5. FAR check if each one FA is located severly (proced"s involved)
- Ans.
To check if each FA is located severely, follow the FAR procedures.
Refer to FAR Part 45 for definitions and identification of FAs
Check the records of each FA to determine its location
Ensure that the location of each FA is compliant with applicable regulations
If any FA is found to be located severely, take appropriate corrective action
I applied via Campus Placement and was interviewed before Feb 2021. There were 3 interview rounds.
A topic was announced and people were initially given 2 minutes each to discuss their points and later on were asked to discuss with others.
(2 Questions)
- Q1. Do you think apple store has all apps secured
- Ans.
Apple store has strict guidelines for app developers to follow, but no system is completely foolproof.
Apple store has a review process for all apps before they are made available for download.
Developers must follow strict guidelines and rules to ensure their app is approved.
However, there have been instances of malicious apps slipping through the review process.
Apple does take measures to remove these apps once they ar...
- Q2. I believe we cannot gurantee fool proof securiry on any application/ platform but we strive to achieve compliance and rectify any non-complianaces
(1 Question)
- Q1. What is the perception of you by your friends
Interview Preparation Tips
I applied via Naukri.com and was interviewed before Jan 2021. There were 4 interview rounds.
Interview Preparation Tips
I applied via Referral and was interviewed before Aug 2020. There were 4 interview rounds.
Interview Questionnaire
1 Question
- Q1. Basic question related to finance and accounting
Interview Preparation Tips
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