Am I supposed to know what these are and how to use them for my interview at McKinsey?
Prince 2 and Agile frameworks
Hi,
Short answer: no, you are not supposed to know and have an in-depth understanding of Prince 2 and Agile frameworks if you apply for a general consulting role. This could be different if you apply for an IT or operational consulting firm/role.
The interview tests focus on testing your skills, amongst others reading, communication, problem solving skills. There is no pre-industrial knowledge is required.
The only industry knowledge they expect is twofold :
- basic financial principles part of the typical 'standard' framework (e.g., profitability, market entry, M&A from a strategic point of view, pricing, cost reduction ...)
- common business sense of major sectors/industries (FMCG, pharma, IT, industrial goods...)
Hope this helps to prepare the interview.
Kr,
Mattijs
Hey there,
No, McKinsey will not expect you to know Prince 2 and Agile frameworks, even if you are applying for operations specific roles.
Something I always tell my coachees from my experience recruiting, interviewing and working at McKinsey is that you are hired for your brain and not your knowledge. Which means emphasis is on how you think about solving problems and not the knowledge you have. (This is different for technical and expert roles of course, where expert topical knowledge is required)
What you will be expected to know is basic (and common) business and financial concepts and industries. And make sure that you ask clarifying questions wherever there's something you dont know or understand
All the best
Hi there,
First of all, congratulations on the (presumed) invitation from McKinsey!
I would be happy to share my thoughts on your question:
- No, you certainly don't need to know about PRINCE2 and Agile, even though you may be faced with a case study related to these concepts. What is assessed in the case interviews is your thinking, not your knowledge.
You can find more on this topic here: How to succeed in the final interview round.
If you would like a more detailed discussion on how to best prepare for your upcoming McKinsey interviews, please don't hesitate to contact me directly.
Best,
Hagen