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MConsulting Prep

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Why is the ocean blue? Why is Mar red? Why is Donald Trump rich? Why do some people say that he won the debate night?
Human always seeks explanations of everything they see, every fact they get. Logical reasoning leads us to the root-cause reasons of every problem, which is one of the main aptitudes required of every consultant. The PST reflects this fairly well, even featuring an entire question type focused on this aspect of consulting. They provide you with some facts, test your ability to understand them, your logic-backed explanations. Although this 14% of the test becomes sort of bonus questions to score and accelerate on the clock, there is something learning to do!
https://mconsultingprep.com/…/how-to-pre…/root-cause-reason/
Problem Solving Test - Case Interview Preparation - Consulting Math - Consulting Resume Feedback - Resourceful Blog Articles
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In order to get through 38% of the PST Test, you must be extremely experienced in reading the table and correctly calculating. How is your practice? Take a few minutes on this free test!
http://mconsultingprep.com/prob…/free-pst-practice-by-types/
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The McKinsey Problem Solving Test (McKinsey PST) is a very crucial part of the McKinsey recruitment process. The firm believes that they may miss many good candidates with bad resumes, or may interview too many candidates who don’t live up to their resumes. In the gap between CV screening and in-person case interviews, the PST provides an effective solution for eliminating the applicant pool.
We have spent years going through the McKinsey official practice exams over and over again, and gained from it a level of understanding that could only be rivaled by the test writers themselves. The good news is that although 26 questions look like a lot, all of them can be perfectly classified into several types of questions:
👆 Client Interpretation – 8%
<< Which of the following best summarizes the CEO’s concerns? …
👆 Reading Facts – 38%
<< Which of the following values is the best estimate of ABC’s revenue in Year 4?
👆 Root-cause Reason – 13%
<< Which of the following reasons, if TRUE, would best explain the increasing trend in X, Y, and Z?
👆 Fact-based Conclusion – 14%
<< Which of the following is TRUE based on the data presented in Exhibit 2?
👆 Formulae – 5%
<< Which of the following formulae calculates the dollar value of goods produced by ABC?
👆 Word Problems – 12%
<< Assuming a machine lasts for five years, the center is opened 5 days per week all year round, what minimum volume of maintenance supply …?
👆 Others – 10%
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TO UNDERSTAND THE STRUCTURE OF THESE QUESTION TYPES, VISIT US AT http://mconsultingprep.com/problem-solving-test/ #MCP #consulting #PST #mckinsey
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According to an analysis by Emolument.com of the highest-paying consulting firms, Bain & Co is best for pay. Emolument has carried out a survey of 668 senior strategy consultants at the three MBB. It found that Bain pays lower salaries than the rest, but more than makes up for this in its bonuses!
#consulting #MCP
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TO CONQUER THE CONSULTING RECRUITMENT PROCESS, JOIN US!
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[MANAGEMENT CONSULTING IS NOT A MALE DOMINATED FIELD]
Fortune has released the 2016 list of the Most Powerful Women" in the world. Many of those incredible women are the alumnae of MBB:
- Jane Fraser, CEO for Latin America at Citibank (McK).
- Sandi Peterson, Group Worldwide Chairman at Johnson & Johnson (Mck).
- Sheryl Sandberg, COO of Facebook (McK).
- Alison Watkins, Group Managing Director of Coca-Cola Amatil (McK).
- Meg Whitman, CEO and President of Hewlett Packard Enterprise (BAIN).
- Susan Wojcicki, CEO YouTube (BAIN).
Congratulations to all!
#consultingnews #MCP #Mckinsey #Bain
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TO CONQUER THE CONSULTING RECRUITMENT PROCESS, JOIN US!
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Check out who made this year's list—and who didn't.
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Formulae questions in the McKinsey PST are generally like Word Problems, except you don’t have to provide the actual numerical results, just the formulae containing letters representing input variables. It is important to keep in mind that most candidates are eliminated in the McKinsey Problem Solving Test because they let things slip through the cracks.
As one of the easiest question types in the PST, Formulae makes for a great foundation to build your proficiency with all PST questions. Make sure that you know them like the back of your hand!
Get your chance to practice with 10 Formulae questions with detailed guides and explanations, all straight from MCP experts right here!
https://mconsultingprep.com/problem-solving-test/…/formulae/
#MCP #PST #consulting
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In order to get through 38% of the PST Test, you must be extremely experienced in reading the table and correctly calculating. How is your practice? Take a few minutes on this free test!
http://mconsultingprep.com/prob…/free-pst-practice-by-types/
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[PROBLEM-SOLVING TEST'S QUESTION TYPES]
Reading-facts is the most common question type in the McKinsey PST (38%) and the BCG Potential Test (up to 100%). These questions test your ability to understand the facts/data itself. Up to 38% of your success depends on questions that require very basic skills:
Skill 1: #Calculation
Consultants spend a lot of their time working with numbers.There will be NO inferring, logic, hypothesizing, or creativity needed. Just focus on your quantitative proficiency.
Skill 2: #Chart/exhibit/table reading
Always take a moment to read and understand every single chart or graph you encounter in your everyday life.
Skill 3: #Attention_to_details
It’s the little things that can make or break a project, and no true consultants would let themselves be caught unaware. For every practice question you get in this type, make sure you understand not only why an answer is right, but also why an answer is wrong.
After all, practice makes perfect. MCP are here to provide you the best study materials that show you where you are and how to conquer the consulting recruitment process: #20QUESTIONS of the Reading-Facts with detailed guides & explanations will help your overall PST result be greatly improved!
CHECK OUT THE PRODUCT HERE http://mconsultingprep.com/problem-solving…/…/reading-facts/
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SHARING FROM FORMER CONSULTANT
Being the best doesn't ensure you're the suitable one. Take a deep understanding about consulting firms' structure before you apply! before!
"McKinsey‘s (and BCG & Bain) Org structure can be complicated but to simplify, the whole firm can be broken down into 2 parts or “tracks”: the Consulting track and the Support track.
👆 The consulting track consists of consultants and is mostly considered as the more prestigious track. Normally, when people say something general like “I want to join MBB”, they refer to this track! This is the face and the core of any consulting firm.
👆 The support track, like its name suggests, is anything that helps the consultants do their work. This ranges from Administration, Translation Team, Visual Graphic Center, etc.
The complicated thing is that in recent years, McKinsey (and other firms) have been vastly expanding their support arms in terms of both depth and magnitude. There are more and more “support” teams being formed, and these teams are getting more and more involved in the “content” part. For examples: Excel Support, Writing Specialists, Market Research, and even industry and functional experts."
READ MORE AT http://mconsultingprep.com/two-different-tracks-between-mc…/
#MCP #Consulting
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Vault's 2017 Top Consulting Firms is nominating Bain & Company as the best consulting firms to work for. The runner-up is BCG and McKinsey is the last of the top 3. Vault reported that: "Our survey data indicates time and again that many other factors come into play when weighing a choice, and even more affect employee satisfaction in the months and years after the decision has been made." Some of Vault's main criteria are: prestige, satisfaction, compensation, firm culture, work-life balance, business outlook...
Watch more at http://www.vault.com/company-rankings/…/vault-consulting-50/
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TO CONQUER THE CONSULTING RECRUITMENT PROCESS, JOIN US!
http://mconsultingprep.com/
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"I am a 3rd-year undergraduate college student here in India. The idea of working in a management consulting firm really struck me. I’m writing you to ask for your help and advises how to prepare for case interviews."
When you decide to play any game, it's important to know the rules. Check out the very first Case Interview lesson every newbie should watch!
#MCP #Consulting
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TO CONQUER THE CONSULTING RECRUITMENT PROCESS, JOIN US!
http://mconsultingprep.com/
How to prepare for case interviews from the beginning?I personally feel bad for so many smart people drop out of “the game” because of the confusing start..
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Very helpful!!! Thanks a lot!!
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