McKinsey PST Practice - Free Case Study - Management Consulting Prep

 

mckinsey problem solving test pst 2013

McKinsey & Company Problem Solving Test (PST) is a quantitative test given in their Interview Workshop & Initial Assessment (IWIA) which they use to evaluate a candidate’s analytical and quantitative ability. You are compared to other job candidates who take the same test. From my personal experience at least, if say 50 people take this, only 10 people get invited to first round interview. Only one third of all applicants are invited for the McKinsey PST. The McKinsey PST. The McKinsey Problem Solving Test or PST is a written case interview, where your analytical and business skills are put to the test under a challenging time limit/10(2). There are only so many opportunities to prepare for the McKinsey Problem Solving Test. 1. Precise vs Estimate Asking yourself whether you should do precise calculations or not can save you a lot of time when answering McKinsey PST maths questions. An easy way to determine this is to look at the available answers for the question.


McKinsey PST Problem Solving Test Practice : Case Interview Prep


You are compared to other job candidates who take the same test. These are the best PST preparation resources. If you have enough time, practice as many as you can. To improve your number-crunching math skills, you can practice our Consulting Case Interview Fast Math Drills for free 50 sample test questions, 50 mins. For more management consulting resources, check out the Member Download Area.

Willing to share the cost of a membership valid to If anyone is interested, please contact me. I am willing to share the cost for 3 months membership, if anyone wants to share with me, please contact me. If someone interested in sharing cost, please mckinsey problem solving test pst 2013 in touch with me. If anyone is interested to share please mail me. I would also like to ask the members here who have successfully cleared the Mckinsey PST, if they have any additional resources for quick math.

PST practices are very limited and difficult to find online. I have bought a 1 year membership. If somebody would be interested in sharing costs, please reply me below or email me, mckinsey problem solving test pst 2013. Would you please share some cases you have been through in your PST? I have bought a 3 month membership. If somebody would be interested in sharing costs, write me please!

Case 1. A big pharmaceutical company wants to launch a new type of insulin drug for diabetes treatment in China. Then, you will have to benchmark the new insulin drug against main competitor: oral antidiabetes drug OADanalyze their market share and sales data. What is the competitive advantage of the new insulin drug? The last part of the case is about pricing the new drug. McKinsey team conducted focus group study to interview doctors in China, and to ask them about their views on the new insulin drug.

What is an appropriate price for the new insulin drug? Make sure you study some of the pharma cases, mckinsey problem solving test pst 2013.

Case 2. A small country wants to develop an automobile database, containing data on regular internal combustion engine ICE cars, electric cars, hybrid cars, etc. The problem centers on how to design the database. The database will include historical data on engine efficiency and the trend. Case 3 is about school financial budget plan in U. Each state has a projection about their own financial budget going up or down.

However, mckinsey problem solving test pst 2013, due to the sample size discrepancies, the calculated overall educational budget in US is not showing the right trend. One school had an explanation for this problem. A chart of financial budget breakdown is shown. You will need to study the chart and decide which factor could best explain the reduction in textbook costs.

It could be a transition from content-based education to skills based education. Am I right? Possible alternatives for growth include organic growth, growth via acquisition, growth via partnerships mckinsey problem solving test pst 2013 alliances.

Also, they identified 3 possible acquisition targets, mckinsey problem solving test pst 2013. You need to analyze the 3 targets customer base, revenue, market share, growth, etc. Also, you need to calculate the projected growth percentage in the number of customers post-acquisition. Energy drinks manufacturer. The company asks McKinsey to help in their revenue growth and margin improvement.

What factors can drive improvements in revenue and profitability? The company has 3 major product lines. Two Exhibits show the revenue, cost, sales volume, profit details for the 3 product lines. What can be concluded from the Exhibits. Based on the data from Exhibits, you will need to calculate a price to maintain certain profit margin for one of the product lines.

Another two Exhibits show a comparison between the company and competitor. Again, what can be deduced from these Exhibits. The orchestra has three main sources of revenues: ticket sales, donations, endowment draw. What can be done to drive revenue growth? Ticket sales declined a lot in recent years, how to reverse the trend? Exhibits show ticket sales results from the past, draw conclusion from the Exhibits, calculate average lifetime value for new customers. What opportunities do they have to improve revenues in donations and endowment?

I applied for summer internship position, took my PST last week and had exactly the same three cases. This was in a North America office. Let me know if you want to share memebership and its costs?

I have just bought a 3 month subscription, please message me if you would like to share the costs, thanks. Anyone looking to split the cost of membership? I have a three month subscription.

Please email me. I would be interested in sharing materials with you the account. Write me how are we going to do it.

Hi guys, has gautami46n contacted you? He did not contact me so I assume this topic is no longer relevant for him. However, there is already 3 of us willing to share the costs — how about bringing the money together and ordering the membership? Is there someone that wants to pay for that? Mckinsey problem solving test pst 2013 rest of us will give him the mckinsey problem solving test pst 2013. I just purchased a 3 months subscription.

If anyone is interested in splitting account please let me know. Would be willing to share — can do that quickly through paypal or transfer and very swiftly as sitting for PST in 10 days. Hi, Can I share this material with you? I can transfer money via paypal. I have to take PST in 10 days so in a hurry. Desperate on this. Please help!! Pleease concact me, so we can arrange how to do that. Hey, Is anyone interested in sharing the membership and cost?

I just got a 3 month membership. Let me know. I would like to pay for a split too! Please let me know if you are still interested in splitting. I just purchased a 6 months subscription. Hi Zacaria, did you get subscription yet? Looking forward. I can chip in some money in order to use the membership for a month or so if possible. Thanks a lot. Just bought a 3 months subscription. If anyone is interested in sharing the costs please let me know. Kindly let me know how you want us to proceed.

I will be purchasing a 3 month membership really soon. Hi Erik, I am very interested in splitting the cost for a membership. Please let me know how this can be done. Please share your experiences, particularly the type of scenarios cases you got…many thanks!

Hello everyone, Does anybody have PST Practice tests with the following scenarios to share with me jacobianisaacs at gmail com? Hi, did you find any PST on the scenarios you were looking for? In case you did, I am currently preparing to take the pst in 5 days and would truly appreciate extra resources. Thanks in advance!

 

McKinsey Problem Solving Test (PST) & IWIA | Management Consulting Case Interviews

 

mckinsey problem solving test pst 2013

 

There are only so many opportunities to prepare for the McKinsey Problem Solving Test. 1. Precise vs Estimate Asking yourself whether you should do precise calculations or not can save you a lot of time when answering McKinsey PST maths questions. An easy way to determine this is to look at the available answers for the question. Apr 16,  · McKinsey PST is a preliminary test before 1st round which they use to determine a candidate's analytical/quantitative ability (I think only North American offices do not require it, I know people taking it for European/Asian offices). McKinsey & Company Problem Solving Test (PST) is a quantitative test given in their Interview Workshop & Initial Assessment (IWIA) which they use to evaluate a candidate’s analytical and quantitative ability. You are compared to other job candidates who take the same test. From my personal experience at least, if say 50 people take this, only 10 people get invited to first round interview.