McKinsey & Company Profile: Seen as the world s most successful and influential management consulting firm; Focuses primarily
on helping clients define their strategies and improve operations; Clients are world s largest corporations; Boasts of working primarily with client s top management. Headquartered in New York. Numbers (2007): 117 offices in 51 countries; Employees, worldwide: 14371; Consultants worldwide: >7500 (ranked after Deloitte and KPMG by revenue); Percentage of consultants in North America: 32.1%; Partners: 1037. Keywords: vision, enthusiasm, collaboration and impactful leadership; McKinseyites Marvin Bower the soul of McKinsey (passed away in 2003). More or less invented management consulting industry.
Code of conduct: 1. Always putting clients interest ahead of increasing the firm s revenue; 2. Never divulging info about clients; 3. Always telling the truth; 4. Never hesitating to challenge clients and colleagues opinions Culture: Obligation to dissent; Passionate thinkers who care more about substance than show; comfortable with ambiguity and open to change; Team success. Network: Influential network of 17,000 McKinsey alumni: 70 past and present CEOs at Fortune 500 companies are McKinsey alums. Civic involvement: Periodical pro bono projects (5% of labor hours); part of the performance review. Career Path: Start as generalists. In 2~3 years, begin to specialize by function and industry. MBA hires start to manage a team in 2~3 years (engagement manager); Promotion to principle (partner) in 5~7 yrs after joining the firm; to director (senior partner) in additional 5~6 years. Business Technology Office (BTO) values specialty more. Up or out: We won t allow people to be associates for 3~4 years. How much you enjoy the work and how much time you want to spend doing it are definitely factors that determine whether you stay on. Staffing: Global staffing; VOX - McKinsey s preference based staffing system provides of all engagements worldwide. Not guaranteed with your first choice, but VOX store your preference and skill levels. Mentors: consultants receive coaching from engagement managers and partners on their teams. Each new hire is assigned with a partner as advocate throughout the years at McKinsey. Twice a year, meet with development coordinator. International opportunities: Largest international office structure among all MC firms; 60% of revenue from oversea. Three mobility options: 1. Study transfer: single engagement paid for by the client (when a particular office has a shortage or consultants have special skills justifying the cost to the client); 2. 9-18 months (short-term) transfer paid by McKinsey (easier to obtain as an engagement manager); 3. Permanent transfer (more likely on partner level). Travel: Yes (due to national/global staffing). Key Dates FY Resume Drop Deadline FY Problem Solving Test FY Interview date December 9, 2010 January 24, 2011 January 25, 2011
Job Contact person: Ms. Kathleen Boutin, Dedicated recruiter to Duke - Fuqua, Kathleen_boutin@mckinsey.com www.mckinsey.com/fuqua No restriction with regards to work authorization. Students interested in international offices should follow the same procedure.