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Business Book Review: The McKinsey Way

Management Consulted

Today, we continue our series of book reviews with a look at The McKinsey Way , a book written by a former Associate at McKinsey, Ethan M. Rasiel, who is also the co-author of The McKinsey Mind. Does The McKinsey Way deserve that lower rating? The McKinsey way of working to solve business problems.

McKinsey 213
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The Top 5 Reasons why an MBA will help you break into McKinsey

Management Consulted

Do you need to have an MBA to break into McKinsey? The short answer is no – you do not have to have an MBA to break into McKinsey. Didn’t Michael Wolf, former Director of McKinsey’s Global Media & Entertainment Practice, do it with a BA in international politics from Columbia? 1) You’re making it easy for recruiters.

McKinsey 100
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From Case Interview Mistakes to Bain Offer

CaseInterview.com

I interviewed with a number of top firms, and despite feeling well prepared, I wasn't invited to the next round. The first key insight that I got from your resources was the importance of understanding how consultants (the interviewers) think. I had thought doing 7 or 8 'live' cases was good practice.

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80/20 Rule to Get an Offer

CaseInterview.com

This success story comes from a McKinsey new hire from a non-target school who gives tips on getting an interview, and explains how to use the 80/20 rule in case interview preparation. Coming from a school which McKinsey did not recruit at, I had to reach out to many people to seek referral.

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Understanding Firms’ Selection Criteria

Tom Spencer

Before starting your application journey, the very first thing is to understand the recruitment process and selection criteria of those management consulting firms. Step two is your first round interview. Step 3 is your second round interview. Each module consists of an Introduction, Fit interview, Case Interview and Q&A.

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BCG Offer after 10+ Rejections

CaseInterview.com

Following is a success story I received from a new BCG hire who has some insightful tips for those still recruiting as well as my follow-up where I elaborate on the importance of perseverance and hard work in obtaining a consulting offer. I interviewed with six major consulting companies + three others during my MBA program 1.5

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MECE

CaseInterview.com

MECE (pronounced "me see") or Mutually Exclusive Collectively Exhaustive is a principle often used by management consulting firms such as McKinsey to describe a way of organizing information that is "Mutually Exclusive, Collectively Exhaustive". This may require you to consider a typical customer use cases.