McKinsey & Company
10+ Interview Questions and Answers
Q1. You own an e-commerce website which sells jewellery, fashion products and apparel majorly for women. You have spent a good amount on marketing the site but still are in losses. Now you have to make a strategy t...
read moreSuggested 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
Q2. A person owns a single screen cinema hall in Mumbai which is in losses. Find out problems and suggest ways to turnaround the same
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
Q3. Qualitative case: How would you reduce the setup cost of a hotel company?
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
Q4. Case : Single screen cinema suffering losses in Listed all the revenue and cost streams. It was a cost side problem as everything was done internally with 100 employees for food vending, maintenance etc
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
Q5. Need to reduce the waiting time in the OPD of a hospital. How would you do it
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.
Q6. Guesstimate: No. of tennis balls in India at any point of time (2 approaches)
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
Q7. Case: Valuation of different revenue streams for an Indian Super League Team (mainly a lot of number work)
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
Q8. Guesstimate on how many students pass out as commerce graduates from Chennai every year
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.
Q9. How to control PDS kerosene leakages in petrol pumps?
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
Q10. Guesstimate the no. of iPhone 6 that would be sold in India post the upcoming launch
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
Q11. case : To chalk out plan for opening a theatre school
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
Q12. Guess estimate on estimation of 1 year revenue for NEUFC (ISL team)
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
Q13. As an advisor to PM, give suggestions on the MAKE in India Campaign
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
Q14. simple guestimate to estimate the size and revenue of Apple I phone 6 in India
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
Q15. Short quantitative problem on variable/ fixed expenses of a hotel
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
Q16. Guesstimate – Expected sales of iPhone 6 in India
Expected sales of iPhone 6 in India
Consider the market size and demand for Apple products in India
Analyze the sales figures of previous iPhone models in India
Take into account the pricing strategy and competition from other smartphone brands
Factor in the impact of COVID-19 on consumer spending and supply chain disruptions
Approximate sales figures could range from 1-2 million units
Top HR Questions asked in null
Top Intern Interview Questions from Similar Companies
Reviews
Interviews
Salaries
Users/Month