Mckinsey Problem Solving

Mckinsey Problem Solving-50
This is certainly something that is tested during a live, in-person, face-to-face case interview.It is also a skill that is often tested in a variety of formats including written tests before the first in-person case interview question is asked.The Mc Kinsey Problem Solving Test (also known as the Mc Kinsey PST) is a math computation, data interpretation and logical thinking test used by Mc Kinsey to determine which candidates are granted a first round case interview.

This is certainly something that is tested during a live, in-person, face-to-face case interview.It is also a skill that is often tested in a variety of formats including written tests before the first in-person case interview question is asked.The Mc Kinsey Problem Solving Test (also known as the Mc Kinsey PST) is a math computation, data interpretation and logical thinking test used by Mc Kinsey to determine which candidates are granted a first round case interview.

Tags: Homework For First GradersBusiness Plan DocWriting A Qualitative Research PaperPersuasive Essays On Gun ViolenceProudest Day Of My Life EssayEnglish 10 Essay TopicsEssays And AphorismsQuantitative Psychology DissertationsPersonal Response Essay Structure

It turns out this is a very important skill once you're on the job as a management consultant, especially as a first year analyst or associate. Given a set of data, will you determine the correct, logical, and factually supported conclusion every time?

In addition to a live case interview, the Mc Kinsey Problem Solving Test, other firms have used similar tests OR have given an in-person case interview where the candidate is presented with a written document consisting of various facts, figures and other data… So bottom line, this skill is pretty important and based on the many emails I've been receiving from aspiring consultants around the world, it seems many people are having a difficult time figuring out how to practice this skill.

You are NOT permitted to ask any clarifying questions. BEFORE you look at the answer below (I know it's tempting), I strongly recommend you try ANSWERING the question yourself first.

Write your answer down then look at my answer below.

To summarize conceptually # deaths* = (# Volvos on the road) X (# passengers in the car) X (% chance of having an accident) X (% likelihood of dying in the event of an accident**) X (Miles driven per year) X (Driver's Likelihood of getting into an accident) * assuming fewer deaths = safe car ** this can be computed from the original statement More Mc Kinsey PST Resources Additional Resources If you found this post useful, I suggest becoming a registered member (it's free) to get access to the materials I used to pass 60 out of 61 case interviews, land 7 job offers, and end up working at Mc Kinsey.

Members get access to 6 hours of video tutorials on case interviews, the actual frameworks I used to pass my interviews, and over 500 articles on case interviews.

To test this, I'd need to know how many accidents involve Volvos compared with other cars -- especially in comparison to their relative market shares.

5) Mileage - Perhaps Volvos are driven less often for shorter distances than cars from other manufacturers.

Based on feedback from hundreds of test takers, you must pass the test in order to get the interview. Why the Mc Kinsey PST Exists The reason Mc Kinsey uses the test is because there are a certain set of numerical computation and logical thinking skills required to be successful in consulting.

While standardized math tests like the quantitative sections of the SAT, GRE, or GMAT do test math computational skills, it is possible to get perfect scores on these math tests but fail on the job in consulting.

SHOW COMMENTS

Comments Mckinsey Problem Solving

The Latest from ecotext2.ru ©