McKinsey Careers: Life as a business analyst

McKinsey Careers: Life as a business analyst

I think what energizes me most about McKinsey is our opportunity to work with clients on a day-to-day basis clients at all levels of an organization from the project manager to the CEO o or CEO and working hand-in-hand with them on the pressing issues that are facing their company and I think that's what truly sets McKinsey apart rather than working in a room somewhere and just simply handing off what you did or what you learned you're actually partnering with them and that way we know that the solutions we're delivering to the client will have long lasting impact because it's something that we're co-creating when I first applied and received an offer I really had no idea what a ba does the amazing thing is that what we do varies depending on the study that we're staffed on so we get to see a huge variety of problems a huge variety of clients and industries and geographies and we get to build a really diverse skill set one day I might be interviewing clients or stakeholders to understand the complexities of the problem that we're trying to solve next day I might be building a model to forecast an emerging market and understand what the opportunities are for our client we also spend a lot of time problem-solving as a team when we problem-solve it's not just the the senior people who are coming up with ideas it's really that we have our whole team around a table the I'm there the the project managers who have a few years of experience the directors who have been with the firm for 20 or 25 years sitting at a table along with clients who are you know the CEOs of their companies and every voice is equally represented and equally respected the other thing which would be great is to show all the other broadcast stuff you know which I don't know but I think you do right all the other broadcast rock is resisting yeah Jeff's research groups you don't have to break it into insane levels of detail it's just I wonder if a look the whole broadcast group today is this many we're talking about splitting into two right if we split it into two how many are here how many are new and the nice thing is that everyone else pretty discretely falls back into their businesses as I think she was pointing out so sports and news or if they were to be decentralized that would be a clear cut there's a couple of lingering pieces like systems that would have to find a home but they could fit quite naturally in this group and they're just a few people all right so then that's something we didn't even think of it we probably have to have it here I agree at the beginning of a study we always kick off the engagement with something we called a team learning and I really think that sets the tone and the stage for the entire study there were four things we wanted to cover for team learning so one was individual goals like development goals lifestyle preferences working styles the second one is what is team success look like so setting some team norms the third one so Tom's going to come in and give us some context on the client service team background and how we've been serving this client and then the last one would be aligning on a problem statement what's the scope of our solution space what are we trying to solve for during the next 16 weeks one of the things I really enjoyed most in my time as a PA is that I feel like I'm always being given opportunities to stretch myself to grow into new skill sets for new roles that I really don't think I'm ready for I was really excited that I would be working on CEO level problems and presenting to boards of directors but I was a little worried about the fact that I wouldn't really know exactly how to do that I wouldn't really have expertise and the problems that we were trying to solve and I wouldn't really have a skill set that I built in my liberal arts undergraduate degree to know how to go about tackling some of these issues but the amazing thing about McKenzie is you're really never doing it alone there's an incredible network starting with your core team but extending so far beyond that that is there to support you and to make you successful so that your project is successful and having that support from experts who have written books in their fields and who will jump on the phone with you dad for half an hour to get you up to speed on on an industry I often called our analytics group and they actually jump on my computer virtually and teach me how to go about doing the analysis that I need to do and our culture is open so you can just reach out to people and try to spend some time getting to know them their backgrounds learning from them getting advice from them being coached by them and being groomed and developed by them to fulfill your own personal aspirations so an approaching kind of this year in the public sector fellowship do you have any advice a firm believer in kind of the liberal arts approach to all of this whether as a BA at the firm or whether when you come as associate I mean I think you come and sample a lot of different things you know try and balance the different interests and I do something there that just gets you excited recently I was working on a document that we were presenting to the CEO of a large media company and I realized as I was sitting there framing these different recommendations for this CEO that just three years ago I had been an unpaid intern for the same media company I'd gone from reading scripts in the back of a room with very little exposure to to the real business to actually making recommendations the CEO of the entire company I've worked with the mayor of a major US city on budget problems he was facing I've ridden the railways of the unit western United States to look at rail track and infrastructure maintenance and I've served insurance companies consumer packaged goods companies and other institutions in telecom and media and now I'm transitioning to public sector work when I first joined McKinsey I definitely felt that it was a very formal environment but I quickly learned that that was not at all in reality we can see is just full of interesting exciting people who love to have fun and who play just as hard as they were the day-to-day interactions that I have are people that I really enjoy and that I've come to call my friends and spending time in the team room laughing and joking and building real relationships with clients it's a very dynamic environment where you're problem-solving with each other you get to know your colleagues on a very personal level get to know about them their background their unique story that brought them to McKinsey their family life these are mentors and coaches that you'll develop that you'll keep for the rest of your life one of the great things that McKinsey has to offer is to be in a place where I would learn as much as possible and develop and grow as much as possible but always feel like I had a safety net it grew people supporting me and ensuring that I was going to be successful and that's really what McKinsey has been for me

47 thoughts on “McKinsey Careers: Life as a business analyst

  1. can't imagine these kids, freshly graduated who know nothing specific, 22-25 , would advice big companies on how they should do their business… sometimes CEOs was just too stupid, or just the CEO hiring process? or is it a clandestine, well veined way to money laundering?

  2. It may be beneficial to feature more concrete examples of what a business analyst does, both over the course of their career and on a day-to-day basis. Thanks for sharing.

  3. Applied here many times before, never got hired here…I probably will never work at Mckinsey in this lifetime….

  4. So they basically hire from private liberal arts schools and then wonder why the interns don't know how to do anything? 😛

  5. So, they don't hire people who DO KNOW what a BA is and does? And executives actually believe in and act on anything these people have to say? It's a Disneyland for people playing at business.

  6. I finally see the point of tv show House of Cards…They don’t hire specifically African – Americans males …. especially if you don’t have an Ivy degree … with an Ivy degree one might get into HR or customer service . Crazy how ppl at a company you work for can have a program that only “works ” for ppl who don’t even know what the job entails yet everyone hired in their ignorance has an Ivy degree… 😂

  7. Looks like an amazing work place.
    I have 10+ years of experience in Banking and Finance industry as a business development manager. I have good understanding of business and want to work as a Business Analyst. I have undergone 40 hours of BA training and also Certified Scrum Master with no BA experience.
    Let me know if you have any openings.

  8. This MacKenzie, he's a bit of a nut. Someone told me he fired the last guy because his nose whistled when he breathed.

  9. I was worked with McKinsey client in my company as a Power point specialist at present I was 6 months jobless please anyone help me out

  10. business analysts are a total waste of money, because every hairdresser knows that human capital is the most expensive cost driver in a company.

  11. @ 1:09 so you had no idea what a BA does and you were hired? Oh come on… Is this really happens in real world?

  12. So you know a clients business better than them…?? OK… May be… But you don't hire people who have common sense , logic and IQ… Do you think people from Harvard and iim are competent… Going for entrance coaching and by hearting the things and cracking the question paper and learning public speech is not the criteria to be a consultant….now.. If you have a case study on bank, start collecting info from clerk… From l1..first. find out where the issue is… Then fix it

  13. McKinsey is a solid organization with talented and credentialed staff. There is no doubt about that. Having said that hiring them is like any other 40k foot level consultant. They will tell you the top 10 ways to make love to a woman but don't know any girls.

  14. Bullshit as it sounds. How can a CEO of some company trust solutions that fresh-out-of-college kids bring to him? It’s not like a BA has a unique skill..

  15. I'm about to be a high school senior with top grades in my class. To save money, I am applying to Kelley Business School at Indiana University. I have heard about McKinsey's Summer Diversity Program for Sophomores? Does anybody have info on it?

  16. People that work for McKinsey, BCG, etc. have waisted their life working as slaves. They are weak people. The money they receive is not enough for the amount of hours they have invested at work and during their school years.

  17. I like how most people talk shit about the company without actually working for it or its main competitors. Strategy/Management consulting is one of the best ways to start your career and grow even if it means less personal life. Hint: it's not forever and you should join the company based on the people you've met during interviews/not based on pay or #1 rank of the company.

  18. Show more of what the work actually LOOKS like. SHOW don't tell. All you did was talk about what you did. How does the work look???

  19. how does one become a ceo if he needs to consult a consultant??? it is funny how consultants can solve problem from ceo point of view without really became a ceo themselves

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