Posts Tagged ‘consulting#8217;

4
Oct

IE Consulting Club: McKinsey On Campus

Written on October 4, 2013 by Campus Life in Professional

McKinsey12/09/2013. On Thursday September 12, the IE Consulting Club kicked off its series Consulting: An Insider View with McKinsey & Co. José Ramón Finch, Engagement Manager with the Strategy and Corporate Finance practice and Recruiting Coordinator, Mariña Lopez, both from the Madrid office, came to IE to speak to students about a career with McKinsey. José began the session with a review of the interview process one can expect at McKinsey, particularly the infamous case interview.

In order to succeed at McKinsey it is important to have mastered the case interview, as it is intuitive to the situations one will experience as a consultant with the firm. The ability to clarify, structure, analyze and reach a logical conclusion when faced with an ambiguous company problem is the key to success as a management consultant.

José walked the 55 attendees through a sample case interview question and encouraged students to utilize a framework and talk through their thought processes. To be successful in a McKinsey interview, José offered the crowd three simple tips:

 1.   Explain your thought process- the interview needs to see how you think!
 2.   Refine your hypothesis with intuition and feedback from the interviewer.
 3.    Push for a conclusion- that’s the point of hiring a consultant in the first place!

José and Mariña then spoke about the qualities they seek when recruiting for McKinsey. They stressed the importance of a McKinsey candidate to have strong problem solving skills; practical, common sense; and strong communication skills.

Interested in applying? Applications from the November 2012 Intake graduates should be submitted as soon as possible as the Fall recruit season starts in October.  Stay tuned  and visit our Facebook page   for more to come from the IE Consulting Club!

5
Sep

The 4th edition of ieTalks!

Written on September 5, 2013 by Campus Life in Other Activities

IE proudly presents to you the 4th edition of ieTalks! – an events series that has been exclusively designed to give IE students a platform where they can discuss current affairs, share their experiences, and feed off of each other’s points of view in an intimate setting outside the classroom.

On September 19th ieTalks! will introduce the topic Consulting: the real professional experience. The session is meant to share with your peers your professional experiences and give insight on what someone can expect from the Consulting labor market.

CALL TO ACTION: If students happen to be interested in being considered as a potential speaker, they may reach out to Melisa.Lelliott@ie.edu  (IMBA Team) or their class representatives by sending them their CVs with a short paragraph on the experience they would like to share. Consequently the reps would report back to the ieTalks! Committee, which is composed of IE students and staff, who would collectively cast a vote on the final two speakers. 

It would be helpful to get this information before September 8th so that the ieTalks! Committee has enough lead-time to select two suitable speakers whom we can prepare the talk with.

Thank you in advance for your efforts in helping us create a meaningful event for the IE Community.

21
Jun

Cracking the Case with Dr. Rolf Strom-Olsen

Written on June 21, 2013 by Campus Life in Professional

fotoMonday the 17th of June, the IE Consulting Club hosted a “Cracking the Case” session for students interested in learning more about the case-based interview. 

The session was led by IE Business School professor, Dr. Rolf Strom-Olsen, who spent an hour with students talking through a sample case typical of a management consulting interview. The case was about the challenge faced by a pharma company that dealt with a lower than expected sales of a specific drug.  Students were guided through the process of creating the 5 C’s marketing framework based on the case facts given and taught how to formulate the best questions and reasoning for tackling the case-based interview. Through this process, the lesson stimulated the students to understand broad business concepts as well as their ability to think analytically to uncover the true causes of businesses’ issue.

Dr. Strom-Olsen was careful to point out both the good and bad ways of approaching the process and encouraged students to rationalize their suggestions and draw conclusions on their own.

The next Cracking the Case session will be in July- stay tuned to Campus Life for details!

IE Consulting Club

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