What It's REALLY Like Working at McKinsey!

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  • เผยแพร่เมื่อ 30 พ.ค. 2024
  • In this episode, I speak with Jimmy Gillespie who went from BYU to McKinsey to private equity and Wharton for his MBA.
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    ⏱Timestamps⏱
    00:00:00 - Introduction
    00:01:57 - Background introduction
    00:03:31 - KPMG internship in Kuala Lumpur
    00:05:25 - Impact of internship on recruiting for McKinsey
    00:07:25 - Why Bain was Jimmy's #1 Choice initially
    00:09:37 - Differentiating McKinsey, Bain, and BCG
    00:12:28 - Choosing the Cleveland office
    00:14:12 - Receiving the McKinsey offer
    00:15:47 - Lebron's impact in Cleveland
    00:17:12 - McKinsey project locations
    00:18:13 - Consulting travel schedule details
    00:20:02 - Working hours
    00:23:17 - Tips for budding consultants
    00:25:04 - Setting workplace boundaries
    00:26:50 - Team norms in consulting
    00:28:07 - Daily problem solving in consulting
    00:30:10 - Contributions as an entry-level consultant
    00:32:10 - The smartest thing a partner has done
    00:33:33 - Consistent attributes from the best partners
    00:35:00 - The pace of work in consulting
    00:36:08 - Toughest part of consulting
    00:38:37 - Negative experiences with colleagues
    00:39:51 - Skills developed at McKinsey
    00:41:50 - Perks from working in consulting
    00:44:45 - Consulting recruiting tips
    00:48:15 - Case interview tips
    00:49:47 - Handling the infamous McKinsey "What else" question
    00:51:44 - Interview process differences amongst MBB
    00:54:00 - McKinsey's interview approach
    00:55:20 - Compensation for entry-level consultants
    00:56:31 - Feedback and review process
    00:59:08 - Most valuable feedback received
    01:01:32 - Decision to move to PE
    01:03:30 - Transition from consulting to PE
    01:04:50 - Learning financial modeling skills in PE
    01:05:24 - PE firm interview process
    01:06:56 - Investor work vs client services
    01:09:27 - Advice for consultants working in PE
    01:11:05 - Unenjoyable aspects of PE
    01:13:30 - Decision to pursue an MBA
    01:16:30 - Search Fund (Plan after MBA)
    01:21:29 - Alternate career path
    01:22:38 - Contrarian opinion held
    01:23:30 - Advice to younger self
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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ความคิดเห็น • 20

  • @rareliquid
    @rareliquid  16 วันที่ผ่านมา

    👊Crush the GMAT with TTP👊
    ►Use code RARELIQUID15 to get 15% off!
    ►targettestprep.referralrock.com/l/rareliquid/
    🍎Sign up for my courses🍎
    ► How to get into MBA (NOW LIVE): www.liquidmba.com
    ► How to get into investment banking (SIGN UP): forms.gle/wt4cZrezbxVgNzGUA
    ► How to get into consulting (SIGN UP): forms.gle/MmPxUqur7vBschUu9

  • @firstnamelastname-lm5fe
    @firstnamelastname-lm5fe 16 วันที่ผ่านมา +7

    Nice video! The guest had some good insights and actually went into detail unlike some other channels that cover management consulting!

  • @rareliquid
    @rareliquid  15 วันที่ผ่านมา +2

    00:00:00 - Introduction
    00:01:57 - Background introduction
    00:03:31 - KPMG internship in Kuala Lumpur
    00:05:25 - Impact of internship on recruiting for McKinsey
    00:07:25 - Why Bain was Jimmy's #1 Choice initially
    00:09:37 - Differentiating McKinsey, Bain, and BCG
    00:12:28 - Choosing the Cleveland office
    00:14:12 - Receiving the McKinsey offer
    00:15:47 - Lebron's impact in Cleveland
    00:17:12 - McKinsey project locations
    00:18:13 - Consulting travel schedule details
    00:20:02 - Working hours
    00:23:17 - Tips for budding consultants
    00:25:04 - Setting workplace boundaries
    00:26:50 - Team norms in consulting
    00:28:07 - Daily problem solving in consulting
    00:30:10 - Contributions as an entry-level consultant
    00:32:10 - The smartest thing a partner has done
    00:33:33 - Consistent attributes from the best partners
    00:35:00 - The pace of work in consulting
    00:36:08 - Toughest part of consulting
    00:38:37 - Negative experiences with colleagues
    00:39:51 - Skills developed at McKinsey
    00:41:50 - Perks from working in consulting
    00:44:45 - Consulting recruiting tips
    00:48:15 - Case interview tips
    00:49:47 - Handling the infamous McKinsey "What else" question
    00:51:44 - Interview process differences amongst MBB
    00:54:00 - McKinsey's interview approach
    00:55:20 - Compensation for entry-level consultants
    00:56:31 - Feedback and review process
    00:59:08 - Most valuable feedback received
    01:01:32 - Decision to move to PE
    01:03:30 - Transition from consulting to PE
    01:04:50 - Learning financial modeling skills in PE
    01:05:24 - PE firm interview process
    01:06:56 - Investor work vs client services
    01:09:27 - Advice for consultants working in PE
    01:11:05 - Unenjoyable aspects of PE
    01:13:30 - Decision to pursue an MBA
    01:16:30 - Search Fund (Plan after MBA)
    01:21:29 - Alternate career path
    01:22:38 - Contrarian opinion held
    01:23:30 - Advice to younger self

  • @Tts657
    @Tts657 16 วันที่ผ่านมา +3

    Love it! Keep these guests coming

  • @rtrrr7215
    @rtrrr7215 16 วันที่ผ่านมา +9

    This interview helped me out a lot in gaining an understanding of whether to get an MBA or work as a consultant

  • @explorewithCK
    @explorewithCK 13 วันที่ผ่านมา +1

    This is great content - thanks so much for sharing these interviews!

  • @Dinklebird6
    @Dinklebird6 16 วันที่ผ่านมา +2

    Love your channel. You get some really interesting people to come onto this podcast

  • @lenvogelwaid
    @lenvogelwaid 16 วันที่ผ่านมา +1

    Great interview.

  • @steve7109
    @steve7109 วันที่ผ่านมา

    Such a great video! Got to hit the thumbs up!

  • @mattlarson5039
    @mattlarson5039 16 วันที่ผ่านมา +3

    Wow. Nice shot at the city of Detroit. Wonder if he’s been here

  • @greatgastbypotato399
    @greatgastbypotato399 2 วันที่ผ่านมา

    Great interview,amazing channel .
    Could you interview an SDR for software please?

  • @FM-dm8xj
    @FM-dm8xj 16 วันที่ผ่านมา +2

    More consulting bangers please!

  • @matthewbleazard6965
    @matthewbleazard6965 16 วันที่ผ่านมา +1

    Jimmy!!!

  • @Cheryl-lo2jp
    @Cheryl-lo2jp 16 วันที่ผ่านมา +1

    Would know what it's like doing a sales role in Finance! This is a rarely touched upon part of finance

    • @rareliquid
      @rareliquid  16 วันที่ผ่านมา +1

      interview with someone who did this at apple coming in a few weeks!

  • @kelsyluimbe5006
    @kelsyluimbe5006 16 วันที่ผ่านมา +1

    Can you please upload on Spotify I keep refreshing 😂

    • @rareliquid
      @rareliquid  16 วันที่ผ่านมา

      am running into an issue with my podcast uploading platform lol will get on this asap!

  • @deez994
    @deez994 16 วันที่ผ่านมา

    lmfaoo dude has no balls. Mckinsey -> MBA -> search fund route...smh

    • @rareliquid
      @rareliquid  16 วันที่ผ่านมา +9

      and what have u done?

    • @deez994
      @deez994 16 วันที่ผ่านมา

      @@rareliquiddudes gonna try and lever up an HVAC bc he worked at McKinsey and is an “operator”💀all I’m saying is half of the liberal kids you interview seem fake + don’t have the guts to do anything outside the 2+2+2 path but hey everyone’s on their own journey