If you have questions about this list of top consulting internships, leave them in the comments below. One of My Consulting Offer’s recruiters will answer them. Other people prepping to apply to management consulting internships found the following pages helpful:
Thanks for turning to My Consulting Offer for advice on finding a management consulting internship. My Consulting Offer has helped almost 89.6% of the people we’ve worked with to get a job in management consulting . We want you to be successful in your consulting interviews too. For example, here is how Carolyn was able to get her McKinsey internship.
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Can you share the list of management consulting interns which are recruiting for summer placement internship in 2022.
This list has been updated. Good luck with your consulting internship search! https://www.myconsultingoffer.org/list-of-consulting-internships/
Are there any potential winter internships based in London in 2022?
Hey, Christopher, Summer is the most popular time for internship programs, so I can see why you might be concerned about finding a winter one. I think you’ll need to do a bit of digging to find one for the winter located in London. My suggestion is that you start with the consulting firms that interest you the most and check their “Careers” pages for internships. You can also network to get more information about the firms and programs they have to help you learn about careers in management consulting and with their firm in particular. Here’s a link to our article on Networking Your Way into the Consulting Industry. Best of luck in your search!
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Consulting firms hire PhD and advanced degree candidates for many reasons.
One, consulting firms want to hire top talent wherever they may be. While consulting firms have traditionally hired from top-tier undergraduate and MBA schools , they have been moving towards also hiring from top-tier medical schools, law schools, and graduate schools. Talented future consultants can be found anywhere and consulting firms want to hire them.
Two, a lot of the skills that PhD and advanced degree candidates have can be transferred to consulting. PhD students gather data, break down problems, write papers, and present their work to others. Analyzing data and presenting your work are critical skills that consultants use every day.
Three, the work that consultants do is increasingly becoming more specialized, requiring specialized expertise. This is where PhD and advanced degree graduates shine. If a consulting firm is helping a pharmaceutical company develop a strategy to launch a new drug, who better to help them than a biochemistry PhD or MD that understands healthcare ?
Therefore, if you are interested in transitioning to the business world, know that consulting firms do hire PhD and advanced degree candidates that have no business backgrounds.
As a PhD or advanced degree hire, you’ll typically be placed at roughly the same level as an MBA hire. However, if you only have a master’s degree, you may be placed at the same level as an undergraduate hire.
All three of the top-tier management consulting firms, McKinsey, BCG, and Bain, hire PhD and advanced degree candidates. In fact, they have special programs that are tailored to helping PhD and advanced degree candidates go through the recruiting process.
In addition, many other top consulting firms hire PhD and advanced degree candidates, including Deloitte , Strategy& (part of PwC) , EY-Parthenon , LEK , and Roland Berger .
If you have a PhD in life sciences or an MD, there are many consulting firms that specialize in life sciences consulting . These consulting firms include: ClearView Healthcare , Guidehouse (Navigant ), ZS , Putnam Associates , and Huron Consulting .
Overall, there are many consulting firms that will hire PhD and advanced degree candidates.
Although PhD and advanced degree candidates have some skills that will transfer over to consulting, there are many skills that will not. There are six main challenges that PhD and advanced degree hires will face when they recruit for and enter consulting.
Understanding essential business concepts
PhD and advanced degree candidates spend years studying fields that have nothing to do with business. One of the biggest challenges that these candidates face is ramping up on fundamental business knowledge.
Consulting does not require specialized business knowledge, but candidates should be familiar with fundamental business concepts, such as profitability, market share, and competitive advantage.
Additionally, many PhD and advanced degree candidates will lack the business judgment and acumen that a traditional MBA candidate has. Building up a strong business instinct takes time.
Solving problems quickly
PhD candidates may work on one project for many years, extensively researching the topic and going very deep into the details and nuances of the problem.
In contrast, consulting projects are typically solved in 3 – 6 months. As a new consultant, PhD and advanced degree candidates will need to learn how to solve problems quickly by focusing on the most important issues or areas.
Doing simple math calculations quickly
PhD candidates likely use sophisticated and complex mathematics in their research and work, such as differential equations or linear algebra.
In consulting, only very basic math is used. Surprisingly, during interviews, PhD and advanced degree candidates have a much more difficult time performing basic math calculations than undergraduate candidates. This may be because PhD candidates are used to doing higher level math using statistical software rather than doing simpler math calculations by hand.
Therefore, PhD candidates will likely need to brush up on their basic math skills to perform calculations quickly and accurately during their interviews.
Making things simple and easy to understand
One of the key skills in consulting is to make things simple and easy to understand. This is important in order to make clients understand their business situation and act on the recommendations that the consulting firm has provided.
PhD and advanced degree candidates deal with complex and intricate problems that are often difficult to explain to the average person. To be a successful consultant, PhD and advanced degree hires will need to practice explaining complex things in a simple way.
Not focusing too much on the nitty gritty details
In a PhD program, you go very deep into one particular area or topic. To become an expert in the field, you typically read all of the scientific papers published on the topic and know all of the details.
Consulting is less focused on the nitty gritty details. Consultants will learn just enough about a particular topic or area in order to be able to solve the business problem.
Focusing more on the overall business problem and focusing less on minute details is one skill that PhD and advanced degree hires will need to learn and develop.
Some consulting firms, such as McKinsey, BCG, and Bain, offer programs that specifically help PhD and advanced degree holders apply and transition to consulting. Participating in these programs will help you build connections and increase the likelihood of receiving an interview.
These programs are fairly competitive and require you to submit an application in order to be accepted into the program.
Outside of these programs, the PhD and advanced degree recruiting process looks like the following:
Consulting firm job applications typically have three components: the resume , cover letter , and the optional referral.
We’ll briefly cover each of these components of the application over the next few sections. Each section has a link to a more comprehensive, in-depth guide that you should read.
Consulting Resume
Your resume is the single most important factor that decides whether or not you will receive a consulting interview. Consulting resumes are quite different from the type of resumes you would use in a PhD or advanced degree program.
For example, you will not need to list publications you have contributed to or conferences that you have attended. You’ll also need to simplify the topic of your research so that the average recruiter can understand what you have worked on and what you have accomplished. Finally, make sure to focus less on the details of your work and more on the overall accomplishment and impact.
Make sure to tailor your resume so that it follows the structure and format of a consulting resume.
In short, keep your resume to one page and quantify the impact of your accomplishments.
Consulting firms like to see:
For a step-by-step guide to crafting the perfect consulting resume, check out our comprehensive resume guide .
Consulting Cover Letter
The cover letter is less important than your resume, but can make the difference between receiving a consulting interview and not receiving one if your resume is on the borderline.
Your cover letter should be concise and straight to the point. Introduce yourself and then briefly explain why you are interested in consulting. Spend most of the cover letter explaining what qualities you have that would make you a great fit for the firm.
To avoid having a generic cover letter, include specific reasons why you are interested in the consulting firm you are applying to. Mention former or current employees that you have spoken to and what aspects of the firm you find most attractive.
For a step-by-step guide to crafting the perfect consulting cover letter, check out our comprehensive cover letter guide .
Referrals are not part of the official application process for consulting firms, but they are a quick way to make your application stand out.
If you have a friend or colleague that works at the consulting firm you are applying to, ask if they would be comfortable giving you a referral.
Getting a referral means that someone at the consulting firm will send your name and resume to the recruiter that is in charge of resume reviews. Your application will get a closer look and be viewed a bit more favorably.
Referrals are not required to get interviews, but can help a lot. For the McKinsey Insight Program, Bridge to BCG Program, and Bain ADvantage Program, referrals can make a big difference given how competitive these programs are.
A few weeks after the application deadlines, you’ll receive invitations from consulting firms for the first of two rounds of interviews.
At most consulting firms, the first round of interviews consists of two separate 40- to 60-minute interviews. These interviews will mainly focus on case interviews, but you will also get a few other types of questions.
There are three types of consulting interview questions :
Case Interviews
Why Consulting? / Why this Firm?
We’ll briefly cover each of these types of consulting interview questions over the next few sections. Each section has a link to a more comprehensive, in-depth guide that you should read.
Case interviews are a special type of interview question that consulting firms use to assess a candidate’s potential to be a great consultant. In a case interview, you’ll be placed in a hypothetical business situation and asked to develop a recommendation or answer to a business problem. A case takes about 30- to 60-minutes to complete.
Here are some examples of case interview questions:
Case interviews begin with the interviewer reading you the background information on the case. You’ll then get the chance to ask clarifying questions to better understand the business situation and case objective.
Next, you’ll develop a framework to help you solve the case. A framework is a tool that helps you structure and break down complex problems into smaller, more manageable components.
You’ll then be asked to answer quantitative and qualitative questions to build support for a recommendation. You may need to calculate expected profitability, interpret charts and graphs, or brainstorm and prioritize different ideas.
At the end of the case interview, the interviewer will ask you to deliver a final recommendation to address or solve the business problem.
Behavioral Interview Questions
Consulting behavioral interview questions ask you to give an example or story of a time when you displayed a particular quality, such as leadership, problem solving, or resilience.
Here are some examples of behavioral interview questions:
To prepare for these questions, develop a list of five different stories or examples that cover a wide range of positive qualities. You should select stories or experiences that are the most impressive and impactful.
When asked a behavioral interview question, mentally run through your list of prepared stories and select the one that is most relevant to the question that is asked.
You’ll want to share your story or experience by using the STAR method to ensure that you answer the question in a clear and structured way. STAR stands for Situation, Task, Action, and Result.
Situation : Provide a brief overview of the situation and any context that is needed to understand the story better. Keep this section as concise as possible because it is less important than the other parts of the story.
Task : Describe what you were asked or required to deliver or achieve. Again, keep this section concise since it is less important than the other parts of the story.
Action : Explain what steps you took to handle the task or meet the goal or objective. This is an important part of the story, so focus on sharing exactly what you did.
Result : Describe the outcome that your actions had, quantifying the impact. Also describe your key takeaways from the experience and how it impacted or influenced you as a person. This is the most important part of the story.
For a step-by-step guide on how to best answer all consulting behavioral and fit interview questions, check out our complete guide on consulting behavioral interview questions .
You will almost certainly be asked the “Why Consulting?” question at some point during your interviews. Interviewers want to know why you are interested in consulting to see if you know what you are getting yourself into and whether you are genuinely interested.
As a PhD or advanced degree candidate, you will need to provide compelling reasons why you are choosing to pursue consulting instead of the field that you have spent years studying.
There are many reasons you can give for why you are interested in consulting:
Use the following structure to answer this question:
In addition to the “Why Consulting?” question, you may also be asked “Why this Firm?” This question assesses whether you are genuinely interested in working at the consulting firm that you are interviewing for.
Again, there are many different reasons you could give:
Make sure to structure your answer to this question so that your answer is clear and easy to follow. You can use a similar structure to the “Why Consulting?” question:
For a complete guide on answering this question, check out our "Why consulting?" article.
Consulting final round interviews typically consist of two to three separate 40- to 60-minute interviews. You’ll see the same three types of questions that you saw in your first-round interviews.
There are three main distinctions between consulting first-round interviews and consulting final-round interviews.
First, your interviewers will be more senior people. This means that the case interviews you receive may be less structured and feel more like a qualitative discussion. You and the interviewer may just be discussing your opinions and ideas on a business problem.
Second, there is more of an emphasis on assessing your personality and cultural fit with the firm. Interviewers will not only assess whether you can solve case interviews, but they will also assess whether they would want to work with you on a team. Interviewers want to see if you are coachable, collaborative, and easy to work with.
Third, your interviewers may read the notes that your previous interviewers wrote about you. If there is a particular area of the case interview that you struggled with, interviewers may specifically test you on it again to make sure it is not a weakness.
Overall, you should still use the same strategies that you used in your first-round interviews for your second-round interviews.
After finishing all of your interviews, all you have to do is to wait. Consulting firms typically call candidates to tell them whether or not they are being extended a job offer.
Some candidates receive a phone call with good news on the same day of their final-round interview. Other candidates receive calls within a few days.
Be patient while waiting to hear back from consulting firms. If you have not heard back within a week, you can send a polite follow-up email with the recruiter to ask for an update.
When you finally get your call, all that is left to do is sign your offer letter to secure your consulting job!
Here are the resources we recommend to land your dream consulting job:
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Management consulting is one of the most competitive fields to break into, but one way to get your foot in the door and guarantee a spot after business school, is through a summer internship.
Consulting firms have a conversion rate of about 38%, according to a 2017 LinkedIn report . And MBA graduates can make more money two years out of school than they had borrowed, according to a Wall Street Journal analysis of federal student loan data for around 600 programs.
"Firms are seeing an explosion of demand for consulting services," Namaan Mian, chief operating officer of Management Consulted, previously told Insider. Starting base salaries for management consultants rose by close to 10% across firms and levels, according to Management Consulted's data for 2022.
Management Consulted collected its 2022 data from its "interview prep clients who received written job offers and firm representatives," according to its salaries report .
Here are the 9 highest-paying firms for MBA and PhD interns, per Management Consulted's data .
Weng Cheong contributed to an earlier version of this article.
For interns: $30,000 and full second year of MBA tuition reimbursement for returning interns.
About the company: Deloitte is known as one of the Big Four professional services firms, and has the largest global professional services network in the world.
It is organized into three main service areas that offer different salaries: The human capital division, the strategy and operations division, and the technology division.
For interns: $31,730 (Dubai: $25,000)
About the company: Strategy& is a subsidiary of PricewaterhouseCoopers (PwC), and is a multinational strategy consulting firm that offers strategy-through-execution services for several industries including financial services, healthcare, and technology.
For interns: $31,730 (Canada: C$40,000) (UK: £15,000)
About the company: Boston Consulting Group also belongs in the "Big Three" management consultancies, and is widely known for the "BCG Matrix," a framework that helps companies decide how to prioritize their business by its profitability.
Consultants at BCG are knowledgeable in many areas, such as business portfolio management, sustainability, mergers and acquisitions, private equity, and more.
For interns: $31,730 + $5,000 signing bonus + potential cost of living adjustment/relocation bonus. Returning MBA interns get second year tuition reimbursed.
About the company: ZS Associates is a global management consulting firm whose associates enjoy complex problem-solving. The firm's associates offer services and insights in sales and marketing strategy, operations, and execution.
For interns: $32,000 (Canada: C$35,769)
About the company: Founded and headquartered in Boston, MA, Bain & Company is one of the "Big Three" management consultancies. Consultants work with public, private, and nonprofit organizations.
Bain & Company has been a frontrunner in Glassdoor's ranking of the best places to work for more than 10 years. Keith Bevans, Bain's global head of recruiting, talked to Insider about how candidates of color can break into consulting at the firm.
For interns: $33,461
About the company: Accenture is a global consulting firm with innovation as one of its main priorities, and employs more than 620,000 people worldwide.
Some of its core values are focused on global relationships and impact, and sustainability.
For interns: $33,563 and an extra $5,000 for relocation expenses. Returning interns get up to $80,000 in tuition reimbursement ($50,000 after taxes).
About the company: Accenture Strategy is a branch of global consulting firm Accenture, which serves over 40 industries, and has offices and operations in over 50 countries.
Consultants at Accenture are capable in technology, customer growth, supply chain operations, talent, and enterprise value.
For interns: $33,750 (UK: £16,400 + up to £5,000 relocation bonus), and returning interns get a 50% reimbursement of their second year tuition.
About the company: One of the "Big Three" consulting firms, McKinsey & Company provides services in strategy, overall organization, policy, profit and costs, research and development, and management information.
For interns: $80/hour (target $34,000) + 1.5x overtime + $3,000 signing bonus
About the company: AlixPartners is a global business advisory firm that specializes in corporate turnaround in urgent and high-impact situations. Consultants here also work to improve corporate performance and provide litigation consulting and forensic accounting services.
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An early route to get your foot at the door of McKinsey – one of the three most prestigious consulting firms , is to successfully land an internship and compete for a full-time offer while at the job. With a 1% acceptance rate and uncompromising recruitment criteria, how do you stand out as the cream of the crop? In this article, I will explain two types of internships at McKinsey, and reveal the six steps that you can follow right away to break into McKinsey as an intern.
Table of Contents
McKinsey Internships are divided into two main tracks, undergraduate internships and MBA internships . This internship typically lasts 10 weeks, sometimes one week more or less. Salaries are as high as that of major tech companies like Google or Amazon (at nearly $7,000 per month ). The work of consulting interns is very similar or identical to first-year full-time consultants. There are six steps to land an internship at McKinsey:
Step 3: pass resume and cover letter screening.
Mckinsey internship – recruitment & salary.
Take a look at the snapshot below where I’ve summarised salaries, duration, application deadlines, and eligibility criteria for the two routes of McKinsey internships – Undergraduates and MBA:
Salary | Duration | Application Deadline | Eligibility Criteria | |
---|---|---|---|---|
$17k | 10 weeks | Mid October | ||
$32k | 10 weeks | Early December | ||
The particular features of an internship are reliant upon many factors. For instance, compensation or consulting work may depend on the office you applied to, the business function you are assigned, and your work experiences.
Regardless, these differences normally spread along a discernable line. To summarize, there are three essential facts about McKinsey internships that you should know in advance.
McKinsey internships typically fall under two tracks: undergraduate internships and MBA internships .
Undergraduates are recruited into Business Analyst Intern positions, whereas MBAs are recruited into Associate positions. If you’re unfamiliar with these titles, check out this article I’ve written on the career path in consulting for a visual overview.
For now, keep in mind that Associate positions are one level above Business Analyst positions at McKinsey, although this might not be the case at other consulting firms because of different namings.
For both Undergraduate and MBA routes, an internship at McKinsey lasts about 10 weeks , not always but usually in the summer. This is why deadlines for McKinsey summer internship positions are very early (typically 7 months prior to the internship).
At the undergrad level, you need to submit applications around mid-October . At the MBA level, your applications should be submitted in the first couple days of December, if you enrolled in an MBA program in the US .
For the Undergraduate Internship, McKinsey pays its interns around $6,700/month, adding up to nearly $17,000 in total for the 10-week period. This rate is extremely competitive, being just slightly under rates at famously well-paid tech companies, such as Facebook, Amazon, or Google.
8 highest-paying internships
Rank | Employer | Median Monthly Pay | Median 10-Week Pay |
---|---|---|---|
1 | $8,000 | $20,000 | |
2 | Amazon | $7,725 | $19,313 |
3 | Salesforce | $7,667 | $19,168 |
4 | $7,500 | $18,750 | |
5 | Microsoft | $7,250 | $18,125 |
6 | Uber | $7,167 | $17,918 |
7 | Bloomberg LP | $7,000 | $17,500 |
8 | Capital One | $7,000 | $17,500 |
Source: Glassdoor
For the MBA Internship, McKinsey compensates its interns an impressive total of $32,000 for 10 weeks, a similar rate at Big 3 consulting firms . To put into perspective, this means that in just 10 weeks, a typical MBA intern at McKinsey makes approximately 70% of how much a typical American in any industry makes a year .
Now that you have an overview of the essential facts about McKinsey internships, the next step is to understand a typical intern’s work and the skills needed to do well. Having a deep understanding of what you will actually be doing is very useful because you can tailor your application to what is expected of you.
If you make it into the case interview round, you can even leverage these insights in solving cases to show the interviewer you can get work done, excellently. This will undoubtedly give you a better chance of getting an offer.
At the undergraduate level , successful candidates are often assigned into the main track of the McKinsey Internship program – the Business Analyst intern role.
Nature of work
By nature, Business Analyst interns’ work is very similar to full-time Business Analysts . In general, Business analysts oversee the “manual” work of a project, while Engagement Managers manage the big picture.
Specifically, when interns first receive a new project, they start collecting data about the client company and industry. They then meet the client, interview the client, and gather more insights using data from the client and from similar cases in the past. Data collected is typically used as input for excel models to analyse the problem and find root causes.
If this all sounds generic, check out this video where I broke down detailed work processes of my first project as a McKinsey Business Analyst intern.
Responsibility & report line
In a project, Business Analyst interns are usually assigned to support a senior Business Analyst or Associate with a big workstream. In some rare cases, interns can lead a small workstream. If you, as an intern, are assigned to support a Business Analyst or an Associate, you will report directly to that person. If you lead a small workstream, you will report directly to the Engagement Manager (EM).
At the MBA level , successful candidates are often assigned into the Associate Intern role. Again, your work structure is very similar to that of full-time Associates.
Just like Business Analyst interns, the work of Associate interns and full-time Associates are similar. Interns do what real consultants do, typically the “manual” work of a project, whereas Engagement Managers oversees the big picture. For more in-depth insights, check out this video .
The Associate intern position is an interesting position. Upon their entry, Associate interns are already much more senior than other interns. Hence, even though Associate interns are technically newbies in the McKinsey world, the company will make sure they enter senior positions very shortly .
Specifically, McKinsey does this by assigning more responsibilities to Associate interns: they typically get to lead or semi-lead a workstream . One common practice is that the Engagement Manager will assign another lower-ranked yet senior employee , e.g. a Business Analyst , to help show the McKinsey way around. Throughout the project, Associate interns report directly to Engagement Managers.
Now that you have grasped the key information about McKinsey Internships, let’s dive straight into the 6 steps you can take to land one of these lucrative offers.
Here’s the cold hard truth – you need to be the “creme-de-la-creme” to even have the slightest chance at the top consulting firms. This is ESPECIALLY true at McKinsey, a firm often considered a league of its own even among the Big Three consulting firms (MBB) .
Apply only when you’re ready! McKinsey, like many other consulting firms, has a 2-year ban on failing candidates. That’s why it’s important to start early and devise a strategy to maximize your chances beforehand.
Prepare as early as possible
Consulting prep is ideally a long process. You may spend a year or even more learning the fundamental skills and embracing the mindset, and at least 2-3 months preparing for the resume screening , the tests and case interviews.
I’ve had customers who passed the recruitment process with very little preparation, but that’s more the exception than the norm. So if you are running out of time, you might still have a chance – by quickly learning the “killer tips” offered in the Case Interview End-to-End Program . But in general, it’s always good to start early.
To equip yourself with the most well-rounded skill set for consulting, read up and practice on the following topics:
Devise a strategy to maximize your chances
Top consulting firms often recruit from the big brand name educational institutions such as the Ivy League in the US or the equivalent in other countries, and McKinsey is not an exception.
Recruiters like big names under the assumption that only super high achievers get into the top schools. More importantly, big names impress clients.
Now what does this imply? It means if you’re from one of the target schools, congrats, your chances are already much higher than the people who aren’t. However, if you’re from a regular school, it means you have to put extra effort into networking and practice . That said, even if you come from a target school, consulting prep is always a challenging process.
There is no official statement from any firm about their target schools, but we can make fairly good guesses. Below is a list of top schools contributing significant percentages of consultants at McKinsey – according to a 2018 analysis of Wall Street Oasis users.
Percentage of McKinsey consultants by Universities/Colleges
University of Pennsylvania Yale University University of Michigan Stanford University Duke University Princeton University University of Cambridge Boston College New York University Cornell University University of Notre Dame University of Texas at Austin Harvard University Northwestern University Penn State University Georgetown University Columbia University | 6% 6% 6% 4% 3% 3% 3% 3% 2% 2% 2% 1% 1% 1% 1% 1% 1% |
Source: Wall Street Oasis
Why is networking early on so important?
A big part of the McKinsey internship selection process involves case interviews conducted by managers – these interviews are expensive because they take away revenue-generating hours from said managers.
To make the most out of these expensive interviews, consulting firms highly favor candidates with positive reviews from inside the firm or the alumni network – hence the importance of networking in the initial rounds. If you can find a mentor – a current/former consultant at your target firm – all the better, because besides the referral, he/she can provide you with invaluable insider advice.
Now you can find a mentor here at MConsultingPrep with our coaching service. You can have a personal meeting with veteran coaches who will tell you about their own experience at consulting firms and give you sound advice on how to get a McKinsey internship. Let’s find your own coach!
When to start networking?
So when should you start networking? As early as possible – relationships take time to build.
If you’re still in school, network a year before career events to be one step ahead of the competition, then try to get referrals. Referrals increase the chances of your CV being reviewed by recruiters in the first place.
Who to network with?
Anyone from any practice can refer you, so don’t worry too much about applying for one practice while being referred by people from other practices.
What really matters is the seniority of your contacts. Often, one referral from a Partner is equivalent to multiple referrals from non-partners. So the bottom line is: if you can’t get a referral from a Partner, be sure many non-partners in that office are willing to vouch for you.
How to network for a McKinsey internship?
Now, how do you go about networking?
Often overlooked, the most effective way to network is to build connections with alumni at your school’s consulting clubs, who got into McKinsey. Connections made through this channel are easy to access and quite personal, giving you good chances of getting mentorship and referral.
Whatever you choose, once you set up an appointment, you need to be concrete about when and where to meet, what you want out of a meeting, and how you will get it (i.e.: what you will ask). Being explicit with your contact will increase the chance of them saying yes to you, and make a good first impression ( consulting culture values being explicit).
After networking (or you might bypass this step and apply through online portals – which is more convenient, but much more competitive), the next step is to prepare for all the parts of the consulting recruitment process.
Read the full guides here: Consulting Resume / Consulting Cover Letter
The first step in the McKinsey internship recruitment process is resume screening, and even this early, your resume and cover letter must be written in the consulting style. In both of these papers, explicitly but objectively show off your consulting attributes: leadership , achieving and problem-solving .
The content
Whatever stories you tell in your resume and cover letter, they must emphasize the three attributes – they must either be about leading and influencing people, doing analytical work, achieving the extraordinary, or any combination. More importantly, you must be highly specific and result-oriented . Instead of rambling on with your list of experiences, show the screener quantifiable results of your work, which shows you are the best.
For example, even if you flipped burgers, say something like “Set the new speed record for flipping burgers, surpassing the previous record by 50%”. Specific statements are thoroughly more impressive and more trustworthy – even outside the consulting industry.
The presentation
Format-wise, there is no other option but black-and-white . Keep it absolutely formal and professional. Fancy-looking resumes might get you creative jobs, but will get you cold rejections in the conservative consulting industry . Same goes for the cover letters.
Structure-wise, every bullet point in your resume must contain similar parts. The language of these bullets must be totally formal as well. Communication must be top-down, both in resumes and cover letters.
Read the full guide here: McKinsey PST Ultimate Guide / McKinsey Imbellus Game Guide
What is the McKinsey PST Test?
The Problem Solving Test (or PST) is a paper-based test used at McKinsey & Company to select candidates for the case interviews. The PST is conducted after resume screening and assesses candidates on data interpretation, mental calculations as well as verbal, numerical and logical reasoning.
How to prepare for the McKinsey PST Test?
The key to preparing for the McKinsey PST Test is to break down the question types and learn how to answer each type individually. Do this while reinforcing your verbal, numerical and logical reasoning skills.
Breaking down the question types helps you learn quickly and efficiently, while skill training ensures long-term flexibility should the test format be changed (which is unlikely in management consulting – a highly conservative industry).
After you have practiced thoroughly with each question type, the next step is to do mock tests to self-assess and develop a test strategy. I would advise you to select mock tests harder than the actual tests – if you can do them well, the real ones will be a breeze.
These are the same approaches taught in all of my test-related products – McKinsey PST Comprehensive and BCG Potential Test Comprehensive .
How to prepare for the McKinsey Problem-Solving Game?
McKinsey rolled out the new Imbellus Problem-Solving Game in 2020.
This test works as follows. First, it collects data about a candidate’s skills and behaviors throughout the testing process to build a profile. Second, it compares the profile to that of employees in the firm – the more similar a candidate is to the best employees, the more likely he/she is selected.
This is a game-changing move because the emphasis is no longer on getting the right answers, but to look like a consultant in the process. However, the basic approach remains the same – decipher the mechanisms and identify efficient strategies, while also working on improving your consulting skill set.
Read the full guide here: McKinsey Case Interview
McKinsey interviews usually consist of two parts:
Back when I first joined McKinsey, fit interviews were not that important. Now the game has changed – even though case interviews are still the key to an offer, you must also excel in PEIs, to show that you’re a good fit.
What do they ask in the McKinsey PEI?
As suggested by its name, the Personal Experience Interview is about “that one time in your life” when you did something extraordinary.
In the 10-minute PEI, the interviewer will ask you to tell one story, then drill down to extract insights about your soft skills and personal traits.
Variants of the question “Why consulting/Why McKinsey?” might also come up. You don’t need a story for these, just give them a valid and authentic reason. Do research, understand the industry, the company, and how they fit with your own values and capabilities – that’s how you get the best answers for these questions.
How to prepare for the McKinsey PEI?
Sometimes, each question type above will be used for the same kind of story. This means that, even if you draft 10-12 stories, 2-3 for each question type, you may only use only one story for every question.
Instead of preparing on a question-answer basis, a more efficient approach would be to focus on the stories. My take on the PEIs is to prepare three to five stories and make them as detailed, all-rounded, well-presented as possible. View them from every possible angle, each corresponding to a trait required by McKinsey , or to one of your personal values.
With such an approach, you also gain flexibility – with well-developed stories, you can respond to ANY kinds of questions, even the unexpected ones, and you’ll have more stories per question type (3-5).
How can you prepare such stories? Spend your efforts on three layers of a story – the content base, the plot, and the style
For best practice, let’s do fit questions with consulting experts. At MConsultingPrep, you can choose from a selection of former consultants. These coaches will reveal must-know answers to fit questions that help you overcome McKinsey PEI. Get yourself personal coaching today!
What are case interviews?
Case interviews are job interviews where the candidate is asked to solve a business case or problem. At McKinsey, case interviews often last 30-45 minutes each, and candidates often go through 2 to 4 case interviews.
What are McKinsey case interviews like?
McKinsey case interviews are often interviewer-led. At the most extreme of this format, the interviewer “leads” the problem-solving process by asking separate questions related to the case context. The candidate cannot decide how to approach the problem. In actual cases, however, the candidate may be given some autonomy depending on the interviewer.
McKinsey case interview questions
Case interviews in McKinsey internship recruitment can be methodically prepared for by arranging the possible questions into the following 8 predictable categories.
I have written a detailed guide on these question types – you may want to check out that article for more insights. For each type of question, there is one example – suggestions and answers are at the end of this section, but try to answer them on your own first!
How to prepare for McKinsey case interviews?
To prepare for McKinsey Case Interviews, I recommend following this track:
#1: Familiarize with interviewer-led case examples
To grasp how McKinsey cases “flow”, I encourage you to go out there and find as many examples of interviewer-led cases as possible. There are four such examples on the McKinsey website with suggested answers.
Here at MConsultingPrep, we also have a few interviewer-led case examples in our Case Interview E2E Secret Program , complete with detailed feedback on every aspect from content to presentation, all in video format.
#2: Practice consulting math
Consultants work with quantitative data dozens of times a day. It simply takes too long to pull out a calculator every time they need to calculate something, and doing so in negotiations looks really bad. This is why interviewers place such high emphasis on the mental math skills of prospective consultants.
In the beginning, consulting math can be difficult for some; nonetheless, I have a few tips for you to ease the process and still practice effectively:
#3: Develop business intuition
Having business intuition significantly sharpens your performance in case interviews.
Working on any kind of intuition is a gradual process that takes practice every day. You can improve your business intuition in two ways:
#4: Learn the case interview question types
The key to conquering interviewer-led cases is in methodically mastering each and every basic question type; then you will be ready to tackle the more complex and less predictable ones.
For each type, there are always tips and techniques to deliver an ideal answer; you can refer to the previous section, or check out an even more comprehensive guide in our Case Interview Questions .
The key takeaway is to treat interviewer-led questions like mini-cases, and take a structured, MECE approach to each.
#5: Perform mock interviews
The best way to train on something is to do it.
Well, you CAN’T simply come to McKinsey and ask them for a case interview, but you CAN find a partner to conduct mock interviews for you. It’s better if you can find a former consultant to do it – they’ve been through countless case interviews, both mock and real.
Make the best of every mock interview you do by recording them, then replay again, and again, and again. You’ll realize a lot of mistakes you made, and how you can fix them.
Just a few years at McKinsey completely changed who I am, both personally and professionally. In a positive way, that is. I also see it changing the lives of almost all the colleagues I ever know. I sincerely believe you can and you should do it. Nobody said you have to stay there forever. But the lessons, the toughness, the desire, the structured mindset, etc. will remain.
It’s ridiculously difficult to even get your foot in the doors of the top management consulting firms . Most applicants don’t even get to see the interviewers, and the few that do must undergo the most strenuous, high-stake job interviews existing on this planet.
However, with systematic and careful preparation – in the same manner that consultants approach their projects – I believe anyone can make it to consulting.
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The McKinsey Consulting Fellowship Program (CFP) is a two-day capacity-building recruitment program aiming undergraduates/fresher in South East Asia & Sri Lanka
Experienced hires are preferred for expert and implementation roles, while opportunities for freshers are available for positions requiring less expertise"
The Role of the Summer Associate
Our Summer Associates are top-performing undergraduates who are interested in gaining insight into a consulting career. This internship involves 8-10 weeks of real casework experience working as part of a team.
Associates are the core of our case teams. The insights we develop for our clients are based on the strong research and analytical skills of our Associates. As a Summer Associate, your work streams are the same as our full-time Associates. While individual tasks can vary, you may be responsible for primary and secondary data gathering and analysis; leading interviews with key stakeholders; and working with the team to derive insights, conclusions and recommendations based on your work. A Summer Associate will learn how to transform his or her work into clear insights for the client.
You’ll also have the same development support as our full-time Associates. The summer kicks off with a one-week training event to prepare you for the role. You’ll be paired with a mentor team to provide you with guidance and coaching throughout your internship. Most importantly, your case experience will fully immerse you in our apprenticeship model.
The Role of the Summer Consultant
Our Summer Consultants are top-performing MBA candidates who are interested in gaining insight into a consulting career. This internship is available in many of our offices and involves 8-10 weeks of real casework experience as part of a team.
Consultants are the most experienced case team members dedicating 100% of their time to a single engagement; as a result, the Consultant has responsibility for guiding and managing the case team. As a Summer Consultant, your work streams are similar to those of our full-time Consultants. While individual tasks can vary, you may be responsible for identifying critical issues, structuring analyses, managing Associates’ day-to-day activities, cracking the case, communicating the insights and participating in the delivery of the answer to the client.
You’ll also have the same development support as our full-time Consultants. The summer kicks off with a one-week training event to prepare you for the role. You’ll be paired with a mentor team to provide you with guidance and coaching throughout the internship. Most importantly, your case experience will fully immerse you in our apprenticeship model.
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Campus Undergraduate - 2025 Technology Software Engineer Summer Internship New York, NY. Amex. New York, NY. $24.05 - $63.00 an hour. Internship + 1. Internship project areas range from machine learning, using big data, native mobile applications, backend services, full stack web applications, or UX/UI….
For a more comprehensive list of all firms available for applications, please see our List of 200+ Consulting Firms to Apply to. In addition to checking out this list, be sure to see our article on how to land a consulting internship, written by a former McKinsey Summer Intern. Also, see our post on how to write your consulting resume.
Our current programs. Explore consulting through the eyes of Black leaders. Two-day in-person workshop in London for students of Black heritage in their penultimate year of undergraduate university. Immerse yourself in our internship designed for students and engage in strategic projects with the best of Bain. Summer in-person program.
phd consulting internship jobs. Sort by: relevance - date. 50+ jobs. AI Training for Tutoring. Outlier Ai 2.2. Remote in Hattiesburg, MS. $30 - $40 an hour. Contract +1. Overtime +1. Because this is a freelance opportunity, we do not offer internships, sponsorship, or employment.
Most internships last for two to three months, but some may range from a few weeks, up to a year depending on the role and location. Learn what it takes to become a generalist consultant with our core consulting internships. Available for students pursuing undergraduate, advanced degrees, and MBAs, our consulting internship opportunities ...
Graduate (Year-Round) Intern - Concentrating Solar Power (CSP) National Renewable Energy Laboratory. Golden, CO. $42,700 - $68,300 a year. Part-time. The Thermal Energy Systems group is looking for multiple graduate interns to assist with the forthcoming heliostat consortium (HelioCon) and other existing….
Advanced degree candidates (ADCs) are students pursuing a PhD, postdoc, JD, or MD, and also current residents and practicing physicians. ... programs for non-business background consultants to ensure a strong foundation for a successful career in strategy consulting. If you have any questions at all, don't hesitate to reach out to ADC ...
Advanced degree holders (JDs, MDs, and PhDs) bring unique and valuable perspectives to our casework. Your expertise, eagerness to learn, and problem-solving abilities will drive change for our clients from day one—but you won't do it alone. You'll join a collaborative and supportive network of digital innovators to deliver extraordinary ...
Applications are currently closed for the EY-Parthenon Consultant Program generalist and specialized tracks (i.e., Software Strategy Group, Deal Technology). At the beginning of the next campus recruiting season, you will find the links to apply below. You will follow the steps necessary to complete the EY-Parthenon application form and upload ...
2024 graduates and intern ... a career in consulting and the application process through our upcoming events. Registration information is below. The full time application deadline for the Associate role is June 7th, 2024. ... (APD) represents candidates who are postdocs or working toward the following degrees: PhD, MD (including medical interns ...
Our focus on entry-level hiring means we have designed innovative training and development, mentoring, and flexible-work programs around you as a future leader, not as a two-year temporary employee. Before long, you will create your own unique role within our diverse partnership, form your own teams and cultivate clients.
Join our consulting internship program and gain hands-on experience and insight into management consulting. Find out more and submit your application now. Your industry Your industry. Aerospace and Defense. Automotive. Chemicals. Consumer and Retail. Energy. Financial Services.
Whether you're finishing your undergraduate degree or studying at the postgraduate level, a career at McKinsey is the best way to put your talents and knowledge to work. Search for your school to learn about our on-campus events, recruiting contacts, and important deadlines as well as the opportunities McKinsey offers for people with your ...
Our undergraduate and graduate internships and student programs can provide experiences, relationships and learning and development opportunities to launch your EY career. ... and learn how to successfully launch a career in consulting. Consistent with our commitment to recruit diverse professionals, 1 st year MBA students who self-identify as ...
Product Marketing Manager Intern (TikTok Shop Seller Platform)- 2025 Summer (MBA) TikTok. Seattle, WA. Typically responds within 7 days. $50 an hour. Internship. E-commerce and B2B, and business education content management experience is a plus. The Product Solutions & Operations team at TikTok helps build holistic go-to…. ·.
In contrast, consulting projects are typically solved in 3 - 6 months. As a new consultant, PhD and advanced degree candidates will need to learn how to solve problems quickly by focusing on the most important issues or areas. Doing simple math calculations quickly.
9 consulting firms where MBA and PhD students can earn more than $30,000 during their internship. Management consulting has a 38% retention rate for interns, according to a 2017 LinkedIn report ...
Total Rewards Designed for You. KPMG understands what matters most to our professionals. That's why we're proud to offer a comprehensive and competitive benefits package that promotes physical, mental, and financial well-being. Perks such as our comprehensive health insurance, 401 (k), flexible spending accounts, mortgage assistance ...
The work of consulting interns is very similar or identical to first-year full-time consultants. There are six steps to land an internship at McKinsey: Step 1: Build up skills and qualifications. Step 2: Build networks early on. Step 3: Pass resume and cover letter screening. Step 4: Pass the McKinsey PST test.
Consulting PhD Intern jobs. Sort by: relevance - date. 125 jobs. Clinical Data Scientist Summer Intern. Johnson & Johnson. ... A GTM PhD Intern will have the opportunity to gain excellent experience working in one or more of our talent management specialty areas (e.g., assessment, ...
This internship involves 8-10 weeks of real casework experience working as part of a team. Associates are the core of our case teams. The insights we develop for our clients are based on the strong research and analytical skills of our Associates. As a Summer Associate, your work streams are the same as our full-time Associates.
Find a summer internship that lets you work with us during your time off. These opportunities last from 10 to 12 weeks and are offered to undergraduate students in their next-to-last year. ... Postgraduate and PhD-level internships are also offered. Full-time. Our full-time programs are available to undergraduate, postgraduate, PhD- and MBA ...
32 Consulting Internship PhD jobs available on Indeed.com. Apply to Economic Consultant, GIS Intern, Forensic Analyst and more!
Job Category Information Technology Risk Assurance Level Intern/Trainee Time Type Full time Travel Requirements Up to 20% Start Year 2025 Job ID 7152415USEIB Location(s) NC-Charlotte, GA-Atlanta, IL-Chicago, DC-Washington, TX-Dallas, CA-Los Angeles, MA-Boston, NY-New York, NJ-Florham Park, CA-San Francisco, CA-Silicon Valley, PA-Philadelphia, WA-Seattle, TX-Houston