Welcome 128 spoken languages > 1,100 consultants have used part-time programs 23% firm members have PhD, MD, JD degrees 24% alumni have started their own business > 95 offices in more than 50 countries 130 women partners Who are we… - McKinsey Global firm with >8000 management consultants More than 95 offices in over 50 countries Serving the world’s leading institutions for over 80 years Expertise in all industries, e.g., energy, pharmaceuticals, telecommunications, health insurance, banking Our work spans the public, private, and social sector We are non-hierarchical and this value makes us special Come to McKinsey to have world-shaping impact We serve nearly all top institutions, allowing us to work across the public, private, and social sectors to make a difference in the world  40 national governments  8 of 10 largest global software companies  19 of 20 top private equity firms in North America  21 stock exchanges  6 central banks/finance ministries  19 of top 20 pharmaceutical companies What do we do? We are advisors to leaders in the private, public, and social sector We solve complex problems for the world’s leading institutions Help leading ICT player to fundamentally transform it’s business Reshape the portfolio of a leading chemicals company Help a public broadcaster define it’s strategy in the digital age Help U.S. state governments improve and expand medical coverage Bring countries, companies and non-profits together to fight diseases like AIDS and malaria Develop the first global greenhouse gas abatement cost curve Vault’s #1 Most Prestigious Consulting Firm “We serve 90% of the 100 largest global companies” As a young consultant, you will perform a diverse range of activities on a project … Interviewing clients Problem-solving with the team Presenting to the team or to the client Building models Learning from industry experts A typical client study team Business analyst Brussels Office Engagement manager Partner London Office Paris Office Technology specialist Associate Munich Office Boston Office Team room at client site Practice expert Client team members London Chief Financial Oficer Chief Marketing Officer My 2 years as a McKinsey (Junior) Associate Engagements: 8 in 2 years ▪ Chemicals (3): climate change study in preparation of Copenhagen 2009, reorganization, integration of Business Units ▪ Insurance/ banking (3): transformation programs to increase productivity ▪ ▪ Confidential: Negotiation support Joint-venture Pro-bono: helping a university to better interact with the business world Training ▪ ▪ ▪ Basic Consulting Readiness (1 week, SF) Mini MBA (3 weeks, Austria) Project locations ▪ Brussels, Vienna, Antwerp, Tilburg Initial Leadership Workshop (2 weeks, Austria) Free-time ▪ My family: married, 2 little daughters (2.5 and 1 year) ▪ 11 weeks vacation (in 2-years) My most exciting client study Industry Insurance Team McKinsey: Partner (PA), AP (PA), EM (ANT), ASC (BRU) Location Brussels Length 3 months Client Challenge Life insurance provider for small businesses/independents Pilot the program in to increase the internal efficiency – to cope with the volume growth and reduce the support from other departments (life insurance to individuals, experts) Impact ▪ Increased efficiency with 20% ▪ Improved motivation of people working in the department How I came to be on the project The Engagement Manager from Brussels called me and asked me to join the project because he heard about my skills and knowledge (I had done 1 similar project before). After a few calls with staffing, checking my other options, I was confirmed on the study. My growth and development ▪ During this project, I developed my people skills – managing client team ▪ members, coaching management, and creating a fun team atmosphere Furthermore, I learned in detail about life insurances (the different types) and how they are sold (agents and back-office) My calendar this week Major goal for the week: Finalize the organizational design of the commercial function Monday Tuesday Wednesday Client work shop on org design of commercial organization Client work shop on org design of commercial organization 08:00 09:00 Fly to Italy 10:00 11:00 12:00 1:00 Work with client 2:00 team member 3:00 4:00 Check in with the rest of the 5:00 team 6:00 7:00 Dinner and finalize a 8:00 document Fly back to Brussels Handle strategic Pass-by home questions from partners Dinner PhD event K.U.Leuven Thursday Analyze the outcome of this weeks work shop Weekly call client project team Weekly call with senior client Friday Work from Brussels office on finalizing outcomes of this weeks work shop Office Happy Hour Start of weekend!!! Dinner at home The Benelux office has an important role in the worldwide network About 160 consultants and 22 knowledge professionals in the Netherlands Amsterdam Antwerp About 170 consultants and 58 knowledge professionals in Belgium and Luxembourg Brussels Louvainla-Neuve Luxembourg Other events you can attend to get to know us better When? What? Where? For whom? Application deadline Thursday, 3 Feb Connect – Company presentation Brussels office All PhD students 28 Jan Saturday, 26 Feb Case Day Brussels office PhD students in their final 2 years 15 Feb Thank you Back up Come to McKinsey to experience exceptional growth ▪ $100 million invested each year in formal learning programs ▪ 15+ days of training and learning in just your first 12-15 months ▪ Small project teams: intense mentorship and apprenticeship Basic Consulting Readiness Business Analyst Training  5-day workshop in your first month  5-day workshop in your first year  Practice the skills needed for success on your first client project:  Practice problem-solving in a team environment – McKinsey’s approach to problem-solving  Develop your skills in listening, asserting, and conflict resolution – Building trust-based relationships  Expand your professional network Come to McKinsey to multiply your choices Over time our consultants shape their career in many ways: Career steps – Consultant track Entry point (without or with limited business experience) Business Analyst / Junior Associate 2-3 years ▪ Basic consulting and business skills Entry point (with relevant business experience and/or after an MBA) Associate 2-3 years ▪ Enhanced problem-solving Engagement Manager 2-3 years ▪ Engagement leadership On-going coaching and mentoring Associate Principal / Partner Director 6-8 years ▪ Client leadership ▪ Firm leadership Submitting an application    Complete our online application on www.mckinsey.com/careers CV or resume does not need to be tailored for McKinsey, but should include detailed academic performance, detailed role description during summer jobs and internships, and detailed information on involvement in sports and leisure activities Application requires a resume and unofficial transcripts, cover letters are optional Strengths assessed against 4 major attributes It is a good idea to familiarize yourself with our 2 types of interviews Description Experience interviews Case interviews ▪ ▪ Capabilities and potential assesses in 4 areas critical to our daily work During the experience interview, be prepared to discuss specific instances of when you have shown relevant skills and have been challenged or stretched ▪ ▪ ▪ Achieving Demonstrate your ability to structure thinking, respond to complex or ambiguous problems, and reach sound conclusions with limited facts in a short time ▪ Problem solving Personal impact Leadership What is the recruiting process for last-years? CV + cover letter What? ▪ Screening of CV Round 1 ▪ 60-minutes Round 2 ▪ 3 interviews Round 3 ▪ 3 interviews problemsolving test ▪ 3 interviews How? ▪ Screening based ▪ Discussion on on academic results and evidence of drive and leadership ▪ Discussion on ▪ Discussion on CV – personal CV – personal CV – personal experiences experiences experiences ▪ Case study ▪ Case study ▪ Case study ▪ Q&A ▪ Q&A ▪ Q&A Constructive feedback