Summary List Placement
Securing an internship at McKinsey is a great way to land a full-time job.
It’s an opportunity to work with consultants and showcase why you’d be a great addition to the firm. But it’s also an extremely competitive program. Applicants have less than 1% chance of successfully landing a full-time offer. Now, those odds may be even lower because of the tight job market caused by the coronavirus pandemic.
Fortunately, the consulting industry is among the top two fields that turn internships into full-time positions. Firms have a 38% conversion rate for interns who become full-time employees, according to a 2017 LinkedIn report. The pandemic prompted consultancies to show an even greater commitment to recent graduates, as a roster of well-known firms extended full-time offers to thousands of students before their internships even started.
But before you can think about joining full time, you have to be successful during the program. Insider spoke with two MBA students and former McKinsey interns, Katie Solomon and Ikenna (Ike) Enwere, who shared how they succeeded during the program and landed full-time jobs.
Solomon and Enwere completed their internships virtually. The program was 10 weeks total, although it ranges from six to 10 weeks. It’s unclear if McKinsey will be hosting virtual internships this year, or if they will return to the office.
Here’s how Solomon and Enwere made the most out of their internships.
Work with as many different people as possible
Both interns had concerns when they learned that internships would be virtual and shortened. They both weren’t sure what kinds of projects they’d be working, or whether they’d still get to work with clients remotely.
But they were both pleasantly surprised by how hands-on the program was.
Enwere, an MBA and master’s of public administration student at Wharton, said he worked in McKinsey’s digital practice. He collaborated with an entry-level associate who coached him throughout the summer, and he reported to an engagement manager, partner, and a research expert on the team.
“I spent the first couple of weeks shadowing my associate and listening in on meetings,” he said. “And when you’re working virtually, you have to be very intentional about checking in on progress.”
Solomon, an MBA candidate at the University of California, Los Angeles (UCLA), said her interest in the firm stemmed from her passion for working in government, corporate, and nonprofit sectors. During her internship, Solomon worked on a project related to coronavirus pandemic response.
She worked directly with an engagement manager and joined in on team meetings and client meetings everyday. A senior partner routinely organized problem-solving sessions, in which the team would discuss client solutions and research, she said.
Solomon’s communicated with peers via Zoom, Slack, and email led the team. She said she successfully built relationships with colleagues using these tools.
“I felt supported and that I was being challenged,” she said. “I went to bed every night with such a tired brain, and that is such a good feeling. I really don’t feel like I’ve missed out on anything.”
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Source:: Business Insider