10+ McKinsey & Company Intern Interview Questions and Answers

Suggested innovative ideas to increase revenues for an e-commerce website selling jewellery, fashion products and apparel majorly for women.

• Introduce a loyalty program to retain customers and encourage repeat purchases

• Collaborate with social media influencers to promote the products and increase brand awareness

• Offer personalized styling services to customers to enhance their shopping experience

• Expand the product range to include men's fashion and accessories

• Implement a referr...read more

Identify problems and suggest solutions to turnaround a single screen cinema hall in Mumbai.

• Analyze the current financial situation and identify the main reasons for the losses

• Evaluate the competition and market trends in the cinema industry

• Improve the cinema hall's infrastructure and amenities to attract more customers

• Implement effective marketing strategies to increase footfall and ticket sales

• Diversify revenue streams by hosting events, film festivals, or partnering with l...read more

To reduce setup cost of a hotel company, focus on optimizing procurement, outsourcing non-core activities, and utilizing technology.

• Optimize procurement by negotiating better deals with suppliers and using bulk purchasing

• Outsource non-core activities such as laundry, landscaping, and maintenance to reduce staffing costs

• Utilize technology to automate processes and reduce manual labor, such as implementing self-check-in kiosks

• Consider modular construction techniques to reduce c...read more

The single screen cinema is facing losses due to internal cost issues.

• Revenue streams: ticket sales, concessions (food and beverages), advertising

• Cost streams: employee salaries, food vending expenses, maintenance costs

• Examples of revenue streams: ticket sales revenue, revenue from selling food and beverages, revenue from advertising partnerships

• Examples of cost streams: salaries of employees involved in food vending and maintenance, expenses for purchasing food and beverages...read more

Implement appointment scheduling, optimize patient flow, and increase staff efficiency.

• Implement an appointment scheduling system to reduce walk-ins and overcrowding.

• Optimize patient flow by streamlining check-in and triage processes.

• Increase staff efficiency by cross-training and delegating tasks.

• Use technology to automate administrative tasks and reduce paperwork.

• Monitor and analyze data to identify bottlenecks and areas for improvement.

There are approximately 10 million tennis players in India. Assuming each player has 3 tennis balls, there are around 30 million tennis balls in India.

• Estimate the number of tennis players in India

• Assume each player has 3 tennis balls on average

• Multiply the number of players by 3 to get an estimate of the total number of tennis balls in India

Valuation of revenue streams for an Indian Super League Team

• Identify and analyze the different revenue streams of the Indian Super League team

• Quantify the financial value of each revenue stream

• Consider factors such as ticket sales, sponsorship deals, merchandise sales, broadcasting rights, etc.

• Use financial models and projections to estimate the potential growth and profitability of each revenue stream

• Compare the valuation of the revenue streams to determine their relative im...read more

Guesstimate on the number of commerce graduates passing out from Chennai annually.

• Approximately 20% of the total students in Chennai opt for commerce courses.

• Chennai has around 50 colleges offering commerce courses.

• Assuming an average of 200 students per college, around 10,000 students pass out as commerce graduates every year.

To control PDS kerosene leakages in petrol pumps, strict monitoring and enforcement of regulations is necessary.

• Regular inspections of petrol pumps to check for leakages

• Installation of proper equipment to prevent leakages

• Strict penalties for petrol pump owners found guilty of leakages

• Training of petrol pump staff on proper handling of kerosene

• Encouraging consumers to report any leakages they observe

• Collaboration between government agencies and petrol pump owners to address th...read more

Around 1 million iPhone 6 units may be sold in India post launch.

• Sales will depend on pricing and marketing strategies

• Apple has a loyal customer base in India

• Competition from other smartphone brands may affect sales

• Previous iPhone models have seen good sales in India

• Demand may be higher in urban areas compared to rural areas

To open a theatre school, a plan needs to be chalked out. Here are some pointers.

• Research the demand for theatre education in the area

• Identify potential locations for the school

• Develop a curriculum and hire qualified instructors

• Secure funding through grants, donations, or investors

• Market the school to attract students

• Establish partnerships with local theatres for performance opportunities

Estimated revenue for NEUFC (ISL team) for 1 year

• Revenue depends on various factors like ticket sales, sponsorships, merchandise sales, etc.

• Previous year's revenue can be used as a reference point

• Assuming an average revenue growth rate of 10%, the estimated revenue for NEUFC for 1 year could be around X amount

To boost manufacturing in India, the MAKE in India campaign can be improved by focusing on infrastructure, skill development, and ease of doing business.

• Invest in building world-class infrastructure to attract foreign investors

• Provide training and skill development programs to enhance the quality of the workforce

• Simplify regulations and procedures to make it easier for businesses to operate in India

• Encourage innovation and entrepreneurship to promote indigenous manufacturing

• P...read more

The estimated size and revenue of iPhone 6 in India is difficult to determine without specific data.

• Apple does not disclose sales figures for individual models in specific countries

• Factors such as pricing, competition, and consumer preferences can impact sales and revenue

• However, Apple has been increasing its focus on the Indian market in recent years

Variable expenses of a hotel are costs that change with occupancy levels, while fixed expenses remain constant.

• Variable expenses include housekeeping, laundry, and guest amenities.

• Fixed expenses include rent, property taxes, and insurance.

• As occupancy levels increase, variable expenses will also increase.

• Fixed expenses can be spread out over a larger number of guests, reducing the cost per guest.

• Understanding the difference between variable and fixed expenses is important for...read more