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Consultant - Product Development

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McKinsey & Company

1mo ago

  • Job
    Full-time
    Entry & Junior Level
  • Consulting
    Product
  • Munich

AI generated summary

  • You need a Master’s degree, product development experience, leadership skills, mobility for European assignments, strong analytical abilities, and effective communication in English and local language.
  • You will solve client problems, conduct analyses, synthesize recommendations, and participate in training while gaining expertise in operations across various industries and service lines.

Requirements

  • Master’s degree and exceptional academics required
  • Initial experience in product development (e.g., product optimization/value analysis, leading R&D projects, technical supplier management)
  • Proven record of leadership in a work setting and/or through extracurricular activities
  • Mobility and enthusiasm for taking on European assignments during the work week
  • Exceptional analytical and quantitative problem-solving skills
  • Ability to communicate complex ideas effectively, both verbally and in writing, in English and local office language

Responsibilities

  • You will play an active role in problem solving for clients including identifying issues, forming hypotheses, designing, and conducting analyses, and synthesizing conclusions into recommendations.
  • As part of our two-year Operations Excellence Program (OEP), you will work on client engagements in the same way as any other McKinsey consultant.
  • You will gain leading edge operations and consultancy skills, primarily through on-the-job coaching, which will be complemented by the OEP’s structured capability-building program.
  • During your first few years with the firm, you will serve as a junior practice specialist on multiple client engagements and work with a number of colleagues and clients in a range of industry and operations service lines.
  • You will acquire the necessary knowledge and expertise to help companies achieve excellence in their operations.
  • Along with other members of the OEP community, you will dedicate many days to functional training and knowledge development under the leadership of our operations experts.
  • You will follow a curriculum based on operations excellence themes and will receive advanced training in one of six specific areas of operations manufacturing, product development, purchasing, service operations, supply chain management, or capital excellence.
  • Upon completion of the program, successful consultants will join our global group of leading experts in operational excellence.

FAQs

What type of educational background is required for this position?

A Master’s degree with exceptional academics is required for this position.

Is prior experience in product development necessary?

Yes, initial experience in product development, such as product optimization, leading R&D projects, or technical supplier management, is required.

What characteristics are important for a successful candidate?

A proven record of leadership in work settings or extracurricular activities, exceptional analytical and quantitative problem-solving skills, and the ability to effectively communicate complex ideas are important for success in this role.

Will I need to travel for this position?

Yes, candidates should have mobility and enthusiasm for taking on European assignments during the work week.

How will my training be structured in the Operations Excellence Program?

Training will be structured through on-the-job coaching complemented by a curriculum based on operations excellence themes, along with advanced training in specific areas such as manufacturing, product development, service operations, and more.

What support will I receive for my professional development?

McKinsey heavily invests in professional development through the Operations Excellence Program, which includes mentoring, functional training, and structured capability-building opportunities.

In which languages must I be proficient to apply?

Candidates must be able to communicate complex ideas effectively in both English and the local office language.

What opportunities are available after completing the Operations Excellence Program?

Successful consultants will join a global group of experts in operational excellence and can progress within the firm from associate to partner levels.

What should I include in my application?

Your application should include your CV and transcripts (high school and university) indicating all relevant grades.

What is the duration of the Operations Excellence Program?

The Operations Excellence Program lasts for two years.

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McKinsey & Company

Business Consulting and Services

Consulting
Industry
10,001+
Employees
1926
Founded Year

Mission & Purpose

McKinsey & Company is a global management consulting firm. We are the trusted advisor to the world's leading businesses, governments, and institutions. We work with leading organizations across the private, public and social sectors. Our scale, scope, and knowledge allow us to address problems that no one else can. We have deep functional and industry expertise as well as a breadth of geographical reach. We are passionate about taking on immense challenges that matter to our clients and, often, to the world. We work with our clients as we do with our colleagues. We build their capabilities and leadership skills at every level and every opportunity. We do this to help build internal support, get to real issues, and reach practical recommendations. We bring out the capabilities of clients to fully participate in the process and lead the ongoing work.

Benefits

  • Occupational Accident Insurance

  • Mental Health Care

  • Vision Insurance

  • Health Insurance

  • Life Insurance

  • Flexible Spending Account (FSA)

  • Retiree Health & Medical

  • Disability Insurance

  • Dental Insurance

OpportunitiesView all