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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 entrylevel 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 entrylevel 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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