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McKinsey is renowned for its rigorous recruitment process, its structured up or out career progression, and a culture that demands long hours and constant excellence. Like its peers, BCG places a heavy emphasis on performance bonuses, which can significantly boost total earnings. Business Insider ).
By the end, youll have a clear picture of the work consultants perform, the skills they bring to the table, and why their work is so crucial for businesses around the globe. An Introduction to Consulting At its core, consulting is all about problem-solving. Consulting can be divided into several kinds of work.
The McKinsey ProblemSolve Game, often called the Digital Assessment or Solve Game, is an innovative tool used by McKinsey & Company to assess candidates early in their recruitment process. Stay calm under pressure : PSG is designed to test how you perform in hard conditions as a consultant does. You can do it!
For certain schools, you are typically expected to participate in the campus recruiting team and help potential interviewees come into the interview prepared. I suspect the test was more of a general intelligence and reasoning test (which CAN be predictive of job performance). Do you have a toolkit for businessproblemsolving?
These firms produce many impressive alumni because they tend to recruit and attract some of the most driven young people around the world, the work is oriented towards helping senior leaders of top companies, and the fact that there is an expectation that most people who work at these firms will not spend their entire careers at them.
No longer solely recruiting from Harvard and Stanford, the firms are hiring based on in-demand skills and trying to figure out what the next chapter looks like. Despite all these bets, the big three still derive most of their income from traditional long-term consulting engagements with large businesses, which are still performing well.
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