Which schools DON'T go to the "other" pile for McKinsey?

[Anonymous]

The entire point of hiring McKinsey is for c suite executives to deflect blame for harsh decisions the executives want to make. The business can say that the 23 year old geniuses who know next to nothing about business told them they have to lay off employees, close factories, sell more opioids, screw more poor patients, etc. These greedy little recent grads are just the window dressing for decisions the business wants to make already.

[Anonymous]

Anonymous wrote:The entire point of hiring McKinsey is for c suite executives to deflect blame for harsh decisions the executives want to make. The business can say that the 23 year old geniuses who know next to nothing about business told them they have to lay off employees, close factories, sell more opioids, screw more poor patients, etc. These greedy little recent grads are just the window dressing for decisions the business wants to make already.

This. Most of the time when companies say they are looking for a solution, they already know the answer. They pay for someone else to say it out loud.

[Anonymous]

Anonymous wrote:The entire point of hiring McKinsey is for c suite executives to deflect blame for harsh decisions the executives want to make. The business can say that the 23 year old geniuses who know next to nothing about business told them they have to lay off employees, close factories, sell more opioids, screw more poor patients, etc. These greedy little recent grads are just the window dressing for decisions the business wants to make already.

Exactly. At my last employer the ceo basically brought in McKinsey to justify his decisions. Not advise them.

[Anonymous]

Anonymous wrote:The entire point of hiring McKinsey is for c suite executives to deflect blame for harsh decisions the executives want to make. The business can say that the 23 year old geniuses who know next to nothing about business told them they have to lay off employees, close factories, sell more opioids, screw more poor patients, etc. These greedy little recent grads are just the window dressing for decisions the business wants to make already.

+1.

It’s still annoying to deal with these young consultants, teach them basic things and instruct them what to include their slides. We tend to have far more experience, even education (fancy degrees) than those consultants

[Anonymous]

Anonymous wrote:

Anonymous wrote:The entire point of hiring McKinsey is for c suite executives to deflect blame for harsh decisions the executives want to make. The business can say that the 23 year old geniuses who know next to nothing about business told them they have to lay off employees, close factories, sell more opioids, screw more poor patients, etc. These greedy little recent grads are just the window dressing for decisions the business wants to make already.

+1.

It’s still annoying to deal with these young consultants, teach them basic things and instruct them what to include their slides. We tend to have far more experience, even education (fancy degrees) than those consultants

Unless you're working in VC or something, consultants tend to have the fanciest pedigrees of pretty much any industry.

And obviously you'll have more experience than a 23-year-old.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:Your contacts and references play a significant role in getting internships and jobs at these companies.

These colleges have their career counseling crews and alumni networks working for them.

Test scores are also important to McKinsey, particularly for recruiting of international students. They recognize that not every talented kid is at HYPS but can bring them in to interview if they look good on paper

Which test scores?

well, a family member-- who had something like a 3.95 out of 4 average at a large state university as well as several (4 or 5?) years of work experience at a different consulting firm was getting recruited by mckinsey (i think-- it may have been bain or bcg) and had to submit SAT scores. This was probably 10 years ago. (Incidentally, a practically perfect GPA, crazy 'extracurriculars/leadership' and several years of work experience with seriously exemplary reviews at a competitor firm could not compensate for mediocre SAT scores. The in-house recruiter dropped her like a hot potato after getting the sat scores. So, unless it changed-- they really valued SAT scores.

Do they superscore or want to see all your scores. This is a question for all these types of companies, not just McKinsey. I have heard about this from others. I have a cousin that was a recruited athlete and Phi Beta Kappa from a top ten non ivy and ran into this road block in IB.

[Anonymous]

What undergraduate majors do their new hires typically have?

[Anonymous]

Anonymous wrote:What undergraduate majors do their new hires typically have?

Don't worry about the major, just have a high GPA.

[Anonymous]

Anonymous wrote:Who cares, they are a morally bankrupt company and ought to be prosecuted for their role in the opioid epidemic.

You know? It’s kinda funny but this was my initial reaction as well. I can’t imagine wanting to work there or wanting / being proud of my kids working there. It’s just not how we think. It’s certainly not how we want to spend our lives.

[Anonymous]

Anonymous wrote:Interesting.

For some more data, here are those target schools sorted by median starting salary of alumni (click on the school on US News and scroll down to "Median starting salary of alumni").

1. Massachusetts Institute of Technology
2. Stanford University
3. Princeton University
4. Georgia Institute of Technology
5. Harvard University
6. Duke University
7. University of Pennsylvania
8. Cornell University
9. Columbia University
10. University of California, Berkeley
11. Dartmouth College
12. Yale University
13. University of Notre Dame
14. University of Michigan
15. Vanderbilt University
16. Brown University
17. Washington University in St. Louis
18. University of Virginia
19. Northwestern University
20. Emory University
21. University of Chicago
22. Georgetown University
23. University of Texas at Austin
24. University of North Carolina at Chapel Hill

It's nice to know the average Georgia Tech alum makes more than the average Harvard alum

[Anonymous]

The original post seems inaccurate -- I quickly tried USC and Notre Dame, both of which have dedicated recruiters (ND has multiple) but don't seem to be on the OP's list... I didn't have time to try all schools, but guessing there are others they missed too.

[Anonymous]

Just a quick aside - but even the high salaries offered by McKinsey or Big Law no longer mean a young person can l buy a first home in close-in neighborhoods comfortably even with no debt. Cost of living in big cities is out of control. My DC was offered a dream job at a non profit and it paid $45K - she turned it down for consulting so she could live the life she wants. I’m hoping one day she will pursue her dreams to help those in need but for now she’s happy to be independent and not financially strapped.

[Anonymous]

Anonymous wrote:Just a quick aside - but even the high salaries offered by McKinsey or Big Law no longer mean a young person can l buy a first home in close-in neighborhoods comfortably even with no debt. Cost of living in big cities is out of control. My DC was offered a dream job at a non profit and it paid $45K - she turned it down for consulting so she could live the life she wants. I’m hoping one day she will pursue her dreams to help those in need but for now she’s happy to be independent and not financially strapped.

What are you talking about? My nephew graduating this May will be making $115k base as a 22 year old. He does not have school loans. If he's sensible and saves half that salary for a few years (easy to do if you have saving goals), then he'll have both the down payment and the high income to buy a home in DC within 3 yrs. If they have good bonus years, he could buy in 2 years

THAT's why people take these $h!tty jobs with no work-life balance. To get on the property ladder early, to pay off school loans, to buy investments, etc.

[Anonymous]

Anonymous wrote:Isn’t some of this just a numbers game? The main difference I notice between the oage for a “targeted school” vs others is that there is a “designated recruiter” for the targeted colleges. Of course there will be many more qualified applicants from Michigan/Cal than Willims, on a raw numbers basis, so would make sense they designate a recruiter for bigger colleges/ivies. I don’t think you can extrapolate that means they inherently value grads of Michigan over Williams, just using these colleges as examples.

I think they value Cal and Michigan over Williams etc.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Isn’t some of this just a numbers game? The main difference I notice between the oage for a “targeted school” vs others is that there is a “designated recruiter” for the targeted colleges. Of course there will be many more qualified applicants from Michigan/Cal than Willims, on a raw numbers basis, so would make sense they designate a recruiter for bigger colleges/ivies. I don’t think you can extrapolate that means they inherently value grads of Michigan over Williams, just using these colleges as examples.

I think they value Cal and Michigan over Williams etc.

+1