THIS Method improved my case interview success rate by 90% | McKinsey consultant tip sharing
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- เผยแพร่เมื่อ 14 ต.ค. 2021
- It's the consulting recruiting season again, the most fun and stressful time of the year for many of those who aspire a career in consulting.
I want to share this method, the IMP method, which made a HUGE difference back when I was recruiting in 2016. It's highly effective and doesn't require a case buddy.
Good luck everyone!
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🚀 Career resources *
A collection of my favorite career resources to help you transition fields or learn new skills
1. Angie's consulting case interview course that teaches you how to nail a case interview in 2 weeks! Sign up for the waitlist here at www.missangielu.com. You'll get all the latest updates, plus some exclusive perks just for my waitlist group.
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Thank you for your support!
My interview is a couple minuted wish me luck
good luck
I hope it went well
Oh hope it went well
Did you make it?
Guess not
That's a very clear and effective roadmap. Thank you Angie!
Love it! Very good case solving skills and I am sure the method will be super helpful to prepare :) Starting today
This was extremely helpful! Thank you for sharing your amazing tips, it's totally changed my way of approaching problem-solving
Thank you ! It’s an interesting way of thinking not only for consulting firms, but also in our daily tasks and challenges. So useful and easy to understand! you could have been a teacher
Do More videos like this which helps to adopt a MBB consultant's thought process about solving /approaching a problem. Thanks for this video!
Thank you Angie. Its really really helpful.
Thanks for the pearls of advices sharing. Rock solid frameworks explanation.
Love this! Practicing solving problems on paper, documenting steps, and most importantly putting ourselves into the shoes of the clients, this really is what the case interview portion is about. Can we logically build solutions from existing data and process.
That is the best method I have ever seen, and I work in Consulting since 10 years.
Thank you so much pretty Lady.
Thank you for sharing your experience
Thank you! Memorizing structures just don't work and to be honest, not realistic and practical. Great advice!
Thank you. This is an amazing insight.
Thank you! This is amazing.
This is a eye opener! Thanks.
I’m happy that I chose not to memorise the frameworks, nor use them. Instead, I focused on understanding the principles of building a structure.
that's exactly the way to go about it
Thank you for this!
Really nice structure. However, there’s a key part you’re missing out:
How are you understanding your customer profile and shop behavior in order to structure your GTM?
I’d definitely consider this on your success bracket. Have a wonderful week!
Thank you for this ❤
This is very helpful. Thank you, AngieLu
good luck !
great video! Thank you!
Going for mine later today! Thanks for the tips 🎉
good luck!
how did it go?🤩
Thank you so much
In my earlier practices, I was suggested to discuss bucket 4 (succes measures) in the clarifying questions beforehand, and adapt your framework to what the discussed goal is (if possible). So e.g. in this case bucket 4 would either be profitability or market cap, depending on what target the interviewer discusses is most important. How do you feel about that approach?
so good !
Good one..Any business case ideas for key account manager role in e-commerce industry would be helpful:-)
thank for sharing
Awesome 👌
Hi Angie! I love your video, just wonder if there’s a place that offer short prompts to practice these exercise on, much appreciated, thank you
I don’t have a website yet, but I would get into the habits of creating prompts on my own. I.e. if I want to open a bubble tea shop, what areas should I consider when it comes to select a store location?
Usually it s best to draw inspirations from daily life
Excellent video, quite useful and beneficial. I practiced the Asian food question, and there is a difference in my note from yours. Perhaps the food pricing in the issue tree might be altered to reflect the average amount paid per customer/order? Then you may further divide it into item prices and number of items ordered. As you mentioned, it's difficult to increase the price of items, but the quantity of items is something the owner may experiment with (e.g. encourage customers to order more each time).
I really enjoyed how you structured iFLY's international development utilizing a specific and unique "framework." I usually have trouble naming the various components - instead of "company," you called it advantage, and instead of "financial implications or so," you called it success. Thank you for the video again, very intersting and enlightening.
Glad you found it helpful and good luck to your recruiting process!
Thank you for the video - I do love getting more into nature, be genuinely intuitive and open and honest to everyone especially me :) aand surrender as per Michael Singer.
Tomorrow is my first case interview :) Been watching your videos.
13 mins to go
@@dieglhix good luck! let me know how it went
@@missangielu Thanks for asking:) I struggled with the case details and sadly didn't build a proper structure, but I was pretty fast with numbers. I think there is 1/4 chance of progressing. I'm very calm and still progressing on my career (certification) studies.
@@dieglhix any follow up? 👉🏻👈🏻
@@TheSexyEzis Yes, did not get it but I got another offer anyways. I'm kinda glad I didn't get McKinsey because I actually don't want to give up my current work-life balance situation which is enough for being happy :)
Hi Angie, could you please do a video with the basic excel tasks/ or tips, an entry level business analyst works with at consulting projects?
will add that to my list!
Hello, where do the customers fit? Within the 5 dimensions to consider?
I love your video, Angie!
I’ve got an interview in two days and this is really helpful. Do you perhaps have any insight if these will apply to a company in the energy sector please?
if they do case interviews, the general principle of framework would apply
@@mollydadzie7489 how it went?
Do you have any video tutorial or online source for "Associate" interview in McKinsey ? Kind regards,
When are you opening a course or a coaching program?
Hi Angie! I really loved this video! I just ask you a couple of questions i'd really need the answer to:
- Are McKinsey case interviews always interviewer-led? And is the structure more or less always a) general context problem solving question; b) analytical part with exhibit, c) "creative" solution and final recommendation?
- Is the case interview different (i.e. level of difficulty) for a business analyst and a junior consultant / junior associate?
Thank you very much in advance for your answers and for your really useful content!
Hey super sorry for the late comment. It typically is interviewer-led, but always check with recruiter. I haven't encountered junior consultant role, so cannot comment on it
Angie, for your pandemic example, did you ever consider/do pro bono work to help struggling businesses that may have not been able to hire an outside consultant? I always thought that would be a cool thing for a company like McK to do. Individually or as a team. Imagine, having a team of consultants currently on the bench going out to economically disadvantaged areas and helping individual businesses thrive and grow within a target area.
Hey I definitely agree, although I'm not involved, I did hear McKinsey were working with governments around the world on Covid strategies, and the firm also does pro bono work on a regular basis
My interview tomorrow😀
good luck!
How is it going, still in the process?
Did you make it?
So whats the framework tho?external vs internal then expand?
Hi Angie, I am sorry for my bad English. I want to ask, is your suggestion to not memorize frameworks structure is only applicable if we have actually understood the frameworks that you mention not to memorize it self? Because I have no business background at all, and i barely knew about all of the frameworks that people usually memorize. Should I learn about types of the frameworks first or just directly use your method instead?
Would recommend you checking out this video th-cam.com/video/_ZrQB-YGFd4/w-d-xo.html to see how you can customize framework with little business background
Is the IMP method meant to be something that you use to help with your practice and develop your skills? Or is it meant to be a problem solving technique that you should use in the actual interview? I just feel like even if I did treat those examples as if it was my problem, I still wouldn't have come up with a great/comprehensive structure like you 😥
But nice video!!!
This is a practice to help develop the habit to approach a problem with structure, which is the same skill you use for a case interview. It takes a lot of practices (2-3 months back when i was getting ready), and now years of consulting experience. So definitely take your time and be consistent, you will see an improvement
"4. Drop jargon" Elon musk letter to employees. Its bullshit - not a solving technique. But the Case study and the solutions are great.
Cost of food is what you missed.
I love this woman aspiring to be like her
Offering cooking classes during the corona pandemic does not seem like a thought through idea to me... (maybe via zoom)
Nice dress
I'm enchanted by this content. I recently read a similar book, and I was truly enchanted. "Mastering Money Mindfulness" by Benjamin Hawk
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Since McKinsey & Company likes to pitt their workers against each other. It is time to turn the tables around .
Has any of the workers noticed family members passing away right around the time you started working for McKinsey and Company?
I discovered a pattern that about 75% of Employees working for McKinsey & Company for 2yrs and left…etc
Family, relatives, associates have passed away especially many at young age.
These are the patterns my husband and I are seeing while reviewing the data.
I am Sorry....what?
th-cam.com/video/7qsA0t_kFCQ/w-d-xo.html any other way to solve this guesstimate?
the hand waving was so distracting:( but thank you for the content.
How can I get in touch with you? If possible please provide me with your email.