What It's REALLY Like Working at McKinsey!

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In this episode, I speak with Jimmy Gillespie who went from BYU to McKinsey to private equity and Wharton for his MBA.

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⏱Timestamps⏱
00:00:00 - Introduction
00:01:57 - Background introduction
00:03:31 - KPMG internship in Kuala Lumpur
00:05:25 - Impact of internship on recruiting for McKinsey
00:07:25 - Why Bain was Jimmy's #1 Choice initially
00:09:37 - Differentiating McKinsey, Bain, and BCG
00:12:28 - Choosing the Cleveland office
00:14:12 - Receiving the McKinsey offer
00:15:47 - Lebron's impact in Cleveland
00:17:12 - McKinsey project locations
00:18:13 - Consulting travel schedule details
00:20:02 - Working hours
00:23:17 - Tips for budding consultants
00:25:04 - Setting workplace boundaries
00:26:50 - Team norms in consulting
00:28:07 - Daily problem solving in consulting
00:30:10 - Contributions as an entry-level consultant
00:32:10 - The smartest thing a partner has done
00:33:33 - Consistent attributes from the best partners
00:35:00 - The pace of work in consulting
00:36:08 - Toughest part of consulting
00:38:37 - Negative experiences with colleagues
00:39:51 - Skills developed at McKinsey
00:41:50 - Perks from working in consulting
00:44:45 - Consulting recruiting tips
00:48:15 - Case interview tips
00:49:47 - Handling the infamous McKinsey "What else" question
00:51:44 - Interview process differences amongst MBB
00:54:00 - McKinsey's interview approach
00:55:20 - Compensation for entry-level consultants
00:56:31 - Feedback and review process
00:59:08 - Most valuable feedback received
01:01:32 - Decision to move to PE
01:03:30 - Transition from consulting to PE
01:04:50 - Learning financial modeling skills in PE
01:05:24 - PE firm interview process
01:06:56 - Investor work vs client services
01:09:27 - Advice for consultants working in PE
01:11:05 - Unenjoyable aspects of PE
01:13:30 - Decision to pursue an MBA
01:16:30 - Search Fund (Plan after MBA)
01:21:29 - Alternate career path
01:22:38 - Contrarian opinion held
01:23:30 - Advice to younger self

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rareliquid

00:00:00 - Introduction
00:01:57 - Background introduction
00:03:31 - KPMG internship in Kuala Lumpur
00:05:25 - Impact of internship on recruiting for McKinsey
00:07:25 - Why Bain was Jimmy's #1 Choice initially
00:09:37 - Differentiating McKinsey, Bain, and BCG
00:12:28 - Choosing the Cleveland office
00:14:12 - Receiving the McKinsey offer
00:15:47 - Lebron's impact in Cleveland
00:17:12 - McKinsey project locations
00:18:13 - Consulting travel schedule details
00:20:02 - Working hours
00:23:17 - Tips for budding consultants
00:25:04 - Setting workplace boundaries
00:26:50 - Team norms in consulting
00:28:07 - Daily problem solving in consulting
00:30:10 - Contributions as an entry-level consultant
00:32:10 - The smartest thing a partner has done
00:33:33 - Consistent attributes from the best partners
00:35:00 - The pace of work in consulting
00:36:08 - Toughest part of consulting
00:38:37 - Negative experiences with colleagues
00:39:51 - Skills developed at McKinsey
00:41:50 - Perks from working in consulting
00:44:45 - Consulting recruiting tips
00:48:15 - Case interview tips
00:49:47 - Handling the infamous McKinsey "What else" question
00:51:44 - Interview process differences amongst MBB
00:54:00 - McKinsey's interview approach
00:55:20 - Compensation for entry-level consultants
00:56:31 - Feedback and review process
00:59:08 - Most valuable feedback received
01:01:32 - Decision to move to PE
01:03:30 - Transition from consulting to PE
01:04:50 - Learning financial modeling skills in PE
01:05:24 - PE firm interview process
01:06:56 - Investor work vs client services
01:09:27 - Advice for consultants working in PE
01:11:05 - Unenjoyable aspects of PE
01:13:30 - Decision to pursue an MBA
01:16:30 - Search Fund (Plan after MBA)
01:21:29 - Alternate career path
01:22:38 - Contrarian opinion held
01:23:30 - Advice to younger self

rareliquid

Holy shit, I can't believe I watched a 1 hour 25 minute video! This was so high quality. Everytime u asked him the question I just thought that is exactly what I would ask him as well! It was so easy to understand yet so insightful. I am trying to break into Bain and I am glad he said that was his target as well haha

krishagarwal

This interview helped me out a lot in gaining an understanding of whether to get an MBA or work as a consultant

Pgi

Wow. Nice shot at the city of Detroit. Wonder if he’s been here

mattlarson

Nice video! The guest had some good insights and actually went into detail unlike some other channels that cover management consulting!

firstnamelastname-lmfe

This very informative podcast features interviews and insights on landing a job and gaining work experience at the consultancy firm😍

muhammadabubakarbhrath

Love your channel. You get some really interesting people to come onto this podcast

Dinklebird

Such a great video! Got to hit the thumbs up!

steve

This is great content - thanks so much for sharing these interviews!

explorewithCK

Great interview, amazing channel .
Could you interview an SDR for software please?

greatgastbypotato

Would know what it's like doing a sales role in Finance! This is a rarely touched upon part of finance

Cheryl-lojp

Instead you should just think about what really brings you joy in life and gives back to the community and pursue that instead of sacrificing your soul, dignity, imagination, and passion for a job simply for money and prestige

CameronLasmore

Can you please upload on Spotify I keep refreshing 😂

kelsyluimbe

Sharing as feedback the first few seconds are really painful to the ear, I thought the video was in 0.07 speed for a sec

quentinparrenin

Please add in REAL work or RWH (real working hours)

It’s not bad but it adds some way better visibility. If somebody is at work or working for 14 hours - out of those 14 how many hours are actually done minute to minute work. Not relaxing

mr.blanco

lmfaoo dude has no balls. Mckinsey -> MBA -> search fund route...smh

deez

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