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Vault Message Board: McKinsey & Company

Topic Name: McKinsey in decline?
Message Name: Do you want an entire list?
Date Posted: 12/29/2005
In Reply To: Your one example of a girl not comprehending "overlap between multiple sets" is not 'plenty'. Sometimes even a high school valedictorians need to verify how to calculate 'arc length' which is taught in middle school. In regards to your "you are kidding me" comment: Assumption: Each interview round for McK offices has passage rate of 30 to 50 %. And out of 100 submitted resumes, only 20% gets invitation for interviews. Offer Rate = 20% x 40% x 40% x 40% = 1.3 %
Message: I've known people who still fall for the sunk cost fallacy when its disguised, and can't figure out the market clearing price when presented with an example of several producers and their respective cost structures in a case. This isn't about forgetting the formula for arc length, this is lacking basic rudimentary skills that all top MBAs (not just McK offerrees) should know like the back of their hand. In regards to your "assumption", your assumption is wrong in two respects. First, 20% is far from the resume filtering late. Nearly everyone at a top MBA who wishes to interview for McK can can do so. Second, there are only two rounds, not three rounds for top MBAs. I think you should familiarize yourself with the McK MBA recruiting process before you start quoting offeree rates.

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