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Junior Specialist - Product Development

  • 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 EU assignments, strong analytical abilities, and effective communication in English and local language.
  • You will solve client problems, conduct analyses, synthesize recommendations, receive training, and support operational excellence projects across various industries.

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.
  • We view the OEP position as the start of a rewarding, challenging and highly flexible career with McKinsey and the Operations practice.
  • 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.
  • We already have OEP graduates working at all levels of the firm from associate to partner.

FAQs

What are the primary responsibilities of a Junior Specialist in Product Development at McKinsey?

As a Junior Specialist, you will actively engage in problem-solving for clients, which includes identifying issues, forming hypotheses, conducting analyses, and synthesizing conclusions into recommendations.

What kind of training will I receive in the Junior Specialist position?

You will participate in the two-year Operations Excellence Program (OEP), which includes on-the-job coaching and a structured capability-building curriculum focusing on various operations excellence themes.

What qualifications are required for this position?

A Master’s degree with exceptional academic performance is required, along with initial experience in product development, proven leadership skills, and exceptional analytical capabilities.

Is travel required for this role?

Yes, the position requires mobility and enthusiasm for taking on European assignments during the work week.

How will my career progress after completing the Operations Excellence Program?

Upon successful completion of the program, you will join a global group of leading experts in operational excellence, with opportunities for advancement from associate to partner levels within the firm.

What language skills are necessary for this position?

You must be able to communicate complex ideas effectively in both English and the local office language, both verbally and in writing.

What is the typical career path after starting as a Junior Consultant?

The role is seen as the beginning of a rewarding and flexible career at McKinsey, where you will gain essential knowledge and experience in various industry and operations service lines.

How should I submit my application for this position?

Your application should be submitted in English and include your CV and transcripts (high school, university, etc.) showing all relevant grades.

What kind of projects will I work on as a Junior Specialist?

You will work on multiple client engagements, assisting in the development, defining, and implementation of operational strategies to improve clients' innovation and business performance.

What types of training are included in the Operations Excellence Program?

The OEP focuses on functional training and knowledge development in areas such as manufacturing, product development, purchasing, service operations, supply chain management, or capital excellence.

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