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putation, data interpretation and logical thinking test used by McKinsey to dete
rmine which candidates are granted a first round case interview. In general, can
didates whose resumes McKinsey deems acceptable are invited to take the test. Ba
sed on feedback from hundreds of test takers, you must pass the test in order to
get the interview. There are few to no exceptions to this rule.
Why the McKinsey PST Exists
The reason McKinsey uses the test is because there are a certain set of numerica
l computation and logical thinking skills required to be successful in consultin
g. While standardized math tests like the quantitative sections of the SAT, GRE,
or GMAT do test math computational skills, it is possible to get perfect scores
on these math tests but fail on the job in consulting.
It's my interpretation that McKinsey developed the McKinsey Test in order to tes
t those skills that regular math tests do not adequately evaluate. In particular
, these skills involve data interpretation and critical numerical reasoning.
Now when I hear the words "data interpretation" and "critical numerical reasonin
g", it always reminds me of those college entrance exam tests that were challeng
ing, seemingly arbitrary and pretty much not useful in the real world. But, it t
urns out these skills actually have a very practical purpose while working as a
consultant.
These skills allow you to:
1) Read a graphical chart (or the data spreadsheet that was used to create the c
hart)
2) Grasp what the "data is conclusively telling you" and separate from what the
"data is suggesting (but not definitively so)"
3) Write a 1 - 2 sentence "headline" at the top of a Powerpoint slide state a lo
gically correct conclusion
In other words, you end up using these skills every single day as a consultant.
And if you use these skills incorrectly, then either your manager or partner has
to redo your work for you (which means at some point you will get fired) or the
client notices the logical flaws in your work and it makes your firm, your part
ner and your manager look bad (and of course means that at some point you're goi
ng to get fired).
Now you would think looking at a chart and writing a powerpoint headline is not
a very difficult skill. I mean anyone can look at a chart and write a headline,
but you would be surprised by how many people actually get the headline wrong. I
n other words, a LOT of aspiring consultants and even some first year consultant
s see that data and come to the WRONG conclusion.
From a McKinsey partner's point of view, it's a complete disaster if someone on
your team lacks this skill... or even worse THINKS he has the skill, but actuall
y doesn't.
It is such a big deal that McKinsey has gone to extensive effort to create this
test and have thousands of candidates around the world take this problem solving
test. All of this effort is taken for the sole goal of hiring new consultants w
ho can do 1) do math accurately, 2) do it quickly, and (most importantly) interp
ret data CORRECTLY.
In short, being able to solve problems logically is a BIG DEAL.
Skim the questions FIRST to get a feel for what you will be asked, THEN read the
data table or chart. This allows you to get some idea of what you should be pay
ing attention to while you look at the data or read the text.
Read the text descriptions and the questions VERY CAREFULLY.
Take the questions literally. (I made the mistake of assuming some of the questi
ons were commonly used business analysis and jumped ahead to calculate what I as
sumed they were asking. What I should have done was look at what they were LITER
ALLY asking and just answer what they asked.)
If your math computation skills are rusty, practice your math accuracy and speed
. You do not have a lot of time to double check your computations on every probl
em. Some people don't have time to double check their computations at all. The m
ore you're absolutely certain your math skills are accurate and quick, the more
time you'll have to actually answer all the questions. (Once again, the main ene
my of the test is time)
For data interpretation / drawing a conclusion type questions, be careful of the
multiple choice answer options that seems consistent with the data, but are not
100% conclusively supported by the data. The easiest way to do this is to immed
iately eliminate the answer options that are clearly wrong. Then BE CAREFUL in l
ooking at the remaining options.
For data interpretation question, one thing to ask yourself is "Is this conclusi
on correct under ALL scenarios?" - Just because the conclusion is true under the
most common scenario doesn't mean it is true under all scenarios. For example,
if you think B is the right answer because it is the conclusion you think is sup
ported by the data, you should ask yourself "Are there any scenarios I can think
of where conclusion B is not correct?"
Remember a conclusion that is true MOST of the time is NOT the same as a conclus
ion that is true ALL of the time.
Bring a watch to time yourself - do not assume every testing room has a clock.
McKinsey Problem Solving Test - 3 Ways to Prepare
The biggest challenge for developing your problem solving skills is there aren't
many McKinsey PST practice test that are at a difficult level equal to that of
the actual McKinsey Problem Solving Test. For a full list of practice tests avai
lable online, fill out the McKinsey Practice Test List - Request Form below.
There are three approaches you can take to prepare for PST:
1) Practice Computations
2) Practice Data Interpretation
3) Take McKinsey PST Practice Tests
Below are tips and resources for each of the practice methods.
on this), it is
many emails from
Your math comput
gets. Keep in mi
nd even if you calculate an integral effortlessly, it doesn't mean you can't mak
e an error doing basic computations.
One resource I'd recommend to develop your computation accuracy and speed is www
.CaseInterviewMath.com. This is a math practice tool that I developed for practi
cing: 1) arithmetic for speed and accuracy (both VERY important on the McKinsey
PST) and 2) estimation math with large numbers (useful for solving some of the M
cKinsey PST word problems faster where precise math isn't necessary to answer th
e question, just an estimate will suffice.)
This tool compares your math accuracy and speed to other CaseInterview.com membe
rs and to my own test results as benchmark. This will help give you an idea of h
ow your math skills compare with others; and whether or not you need to improve
your math speed and accuracy to be competitive, or if you current skills are suf
ficient.
In addition to practicing math computations, you want to practice and develop yo
ur data interpretation skills.