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Article #40

JOB: McKinsey & Company

#40
From: Bruce Sanders
Date: Wed, 24 Nov 1999 00:00
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From Dietmar Grimm:

    As an alumnus of CU, I am writing to encourage you to apply to
    McKinsey & Company, a management consulting firm, for its Business
    Analyst position. Simply put, if you are looking for a challenging
    environment while working in small teams of outstanding individuals
    solving the strategic problems of companies across the globe,
    McKinsey may be the right place for you.

    From our perspective, candidates should be high academic achievers
    with strong problem solving skills who like to work in small (three
    to five person) teams.  We feel engineering students are among the
    best candidates (currently roughly 20% of our consultants have
    engineering degrees). McKinsey thrives on diversity at all levels,
    including college majors (translation: you don't have to be
    studying business). I have attached a document providing more
    information on McKinsey and the BA position.

    If you would like to learn more about us, please visit our
    web-site at http://www.mckinsey.com and take a look at
    http://www.wetfeet.com or http://www.vault.com for an outsiders
    perspective on the industry and our firm.  If you would like to
    pursue a potential interview for the business analyst position,
    please submit your resume by visiting our online application site
    at http://hot.recruiting.mckinsey.com.  Although you will be
    assigned to one of our recruiters, I'm always here to personally
    help you and answer any questions you may have. You can reach me at
    dietmar_grimm@mckinsey.com or 415.675.4946.

    Sincerely,

    Dietmar Grimm, BA Economics '99
    Dietmar_Grimm@mckinsey.com
    McKinsey & Company

    More about McKinsey & Company

    In a continuing effort to hire unparalleled talent, McKinsey &
    Company looks for the best students from top caliber institutions
    for our business analyst position.  We have 76 offices in 38
    countries.  Our reputation rests on our adherence to a dual
    mission: to help clients make substantial and lasting improvements
    in their performance, and to build a firm that is able to attract,
    develop, excite, and retain exceptional people.

    We work side-by-side with leaders of Fortune 500 companies and
    nonprofit institutions, as well as smaller businesses such as
    emerging growth companies, high-tech start-ups, and family-owned
    enterprises to help top management solve their most important
    business problems.  Clients turn, and return, to McKinsey for many
    reasons:  to explore avenues of growth, diversification, or
    restructuring; to investigate and capitalize on opportunities for
    new products or entry into foreign markets; to assess the
    profitability and exposure of their portfolio of products; and to
    find new ways to exploit strengths and balance risks.

    Clients also turn to McKinsey because of organizational or
    operating issues.  They see a need to upgrade performance and
    strengthen basic functions such as marketing, manufacturing, and
    technology; to streamline decision making or combine organizational
    units following a merger; to counter unfavorable economic trends by
    reducing costs, renewing skills, or increasing productivity.

    The Business Analyst position

    Business analysts at McKinsey are associates-in-training: they
    serve as full members of consulting teams, do hands-on problem
    solving, work closely with clients at the client site, and become
    familiar with many aspects of management and leadership.
    Assignments are characterized by fact-based, analytical problem
    solving carried out by small teams of McKinsey consultants usually
    in a joint team with executives from the client company.

    While an interest in solving business problems is a pre-requisite,
    we want to stress that an undergraduate education in business is
    not a requirement to be a successful business analyst at McKinsey.
    Most of McKinsey's business analysts have a liberal arts education
    or a technical degree such as engineering.  They develop and refine
    their creative, analytical, and communication skills through
    hands-on business experience while at McKinsey.

    McKinsey invests heavily in training, coaching, and developing our
    business analysts.  The greatest learning occurs on the job, where
    business analysts acquire basic consulting skills and receive
    coaching, feedback and evaluation from partners and managers.
    Formal training occurs at several points with programs that are
    targeted at building specific skills.

    The business analyst position can be either the beginning of a
    career at McKinsey or a broadening experience for other careers.
    Many former business analysts have used their experience to
    springboard into top graduate school programs (MBA, JD, MD, or
    PhD); all business analysts are eligible for financial assistance
    to attend graduate school if they complete two years at McKinsey.
    Some pursue other career opportunities of interest (such as venture
    capital, nonprofit management, or high tech), and others have
    continued their careers at McKinsey and become partners within the
    firm.

    What we look for when recruiting Business Analysts

    McKinsey & Company adheres to the highest standards when recruiting
    our talent.  Business analysts exhibit a strong proficiency in all
    of the following areas:

    - High academic achievement 
    - Proven leadership
    - Strong problem solving skills
    - Intellectual curiosity

    Where to go to learn more and how to apply

    If you would like to learn more about the business analyst
    position, please visit our web-site at http://www.mckinsey.com.  In
    addition, we recommend visiting WetFeet.com or vault.com for an
    industry and company overview as an outside description.
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From: sanders@pawnee.cs.colorado.edu (Bruce Sanders)
Subject: JOB: McKinsey & Company
Date: 1999/11/24
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