McKinsey & Company Intern Interview Questions and Answers

To open a theatre school, a plan needs to be chalked out. Here are some pointers.

• Research the demand for theatre education in the area

• Identify potential locations for the school

• Develop a curriculum and hire qualified instructors

• Secure funding through grants, donations, or investors

• Market the school to attract students

• Establish partnerships with local theatres for performance opportunities

To boost manufacturing in India, the MAKE in India campaign can be improved by focusing on infrastructure, skill development, and ease of doing business.

• Invest in building world-class infrastructure to attract foreign investors

• Provide training and skill development programs to enhance the quality of the workforce

• Simplify regulations and procedures to make it easier for businesses to operate in India

• Encourage innovation...read more

Investing in eco cars can improve cash flow and benefit the environment.

• Investing in eco cars can lead to reduced fuel costs and maintenance expenses.

• Introducing eco cars can also improve the country's air quality and reduce carbon emissions.

• Government incentives can encourage consumers to purchase eco cars, further boosting the market.

• However, the initial investment in infrastructure and production may be costly.

• A tho...read more

Theatre allows me to express my creativity, develop strong communication skills, and collaborate with a diverse group of individuals.

• Theatre provides a platform for self-expression and creativity.

• It helps in developing strong communication and public speaking skills.

• Collaboration in theatre fosters teamwork and the ability to work with diverse individuals.

• Theatre teaches empathy and understanding by exploring different...read more

B-school taught me theoretical concepts while internship gave me practical experience.

• B-school provided me with a strong foundation in business concepts such as finance, marketing, and operations.

• Internship allowed me to apply these concepts in a real-world setting and gain hands-on experience.

• B-school taught me how to analyze case studies and develop strategic plans.

• Internship taught me how to work in a team, communic...read more

I can assist with various aspects of theater production and performance.

• Assist with set design and construction

• Help with lighting and sound setup

• Provide costume and makeup assistance

• Act in productions or provide coaching for actors

• Assist with marketing and promotion of shows

I will promote theatre by creating engaging content, collaborating with other theatre groups, and utilizing social media.

• Create unique and captivating plays that will attract audiences

• Collaborate with other theatre groups to expand reach and network

• Utilize social media platforms to promote upcoming shows and events

• Offer discounts and promotions to encourage attendance

• Host workshops and events to engage with the communi...read more

I am a motivated and enthusiastic individual with a strong passion for learning and gaining practical experience in the field of [internship field].

• I am currently pursuing a degree in [relevant field] at [university name].

• I have completed several relevant coursework and projects, including [specific examples].

• I have also gained practical experience through internships at [company/organization name], where I worked on [...read more

Valuation of revenue streams for an Indian Super League Team

• Identify and analyze the different revenue streams of the Indian Super League team

• Quantify the financial value of each revenue stream

• Consider factors such as ticket sales, sponsorship deals, merchandise sales, broadcasting rights, etc.

• Use financial models and projections to estimate the potential growth and profitability of each revenue stream

• Compare the valua...read more

To control PDS kerosene leakages in petrol pumps, strict monitoring and enforcement of regulations is necessary.

• Regular inspections of petrol pumps to check for leakages

• Installation of proper equipment to prevent leakages

• Strict penalties for petrol pump owners found guilty of leakages

• Training of petrol pump staff on proper handling of kerosene

• Encouraging consumers to report any leakages they observe

• Collaboration betwee...read more

Analyzing hotel profitability through segment margins and strategies for improvement.

• Calculate profit margins: Room segment typically has higher margins than non-room services.

• Enhance room occupancy: Implement dynamic pricing strategies to attract more guests during off-peak seasons.

• Diversify non-room offerings: Introduce packages that combine room stays with dining or spa services to increase revenue.

• Improve operation...read more

Estimated revenue for NEUFC (ISL team) for 1 year

• Revenue depends on various factors like ticket sales, sponsorships, merchandise sales, etc.

• Previous year's revenue can be used as a reference point

• Assuming an average revenue growth rate of 10%, the estimated revenue for NEUFC for 1 year could be around X amount

My biggest learnings from work experiences

• Importance of effective communication in a team setting

• Adaptability and flexibility in handling different tasks and challenges

• Time management and prioritization of tasks

• Building strong professional relationships and networking

• Continuous learning and skill development

An MBA will enhance my skills and knowledge to advance my career and achieve my long-term goals.

• To gain a deeper understanding of business operations and strategy

• To develop leadership and management skills

• To expand my professional network and gain exposure to diverse industries

• To pivot my career towards a new industry or function

• To achieve my long-term career goals

• Example: I have worked in marketing for several years a...read more

Variable expenses of a hotel are costs that change with occupancy levels, while fixed expenses remain constant.

• Variable expenses include housekeeping, laundry, and guest amenities.

• Fixed expenses include rent, property taxes, and insurance.

• As occupancy levels increase, variable expenses will also increase.

• Fixed expenses can be spread out over a larger number of guests, reducing the cost per guest.

• Understanding the diffe...read more

To reduce setup cost of a hotel company, focus on optimizing procurement, outsourcing non-core activities, and utilizing technology.

• Optimize procurement by negotiating better deals with suppliers and using bulk purchasing

• Outsource non-core activities such as laundry, landscaping, and maintenance to reduce staffing costs

• Utilize technology to automate processes and reduce manual labor, such as implementing self-check-in ...read more

I am a highly motivated individual with a passion for learning and a strong work ethic.

• I have a Bachelor's degree in Computer Science

• I have completed several internships in software development

• I am proficient in programming languages such as Java and Python

• I am a quick learner and enjoy taking on new challenges

My biggest failure was not standing up for myself in a toxic work environment.

• I allowed my boss to belittle and undermine me in front of colleagues.

• I didn't speak up when I was given unfair workloads and deadlines.

• I didn't seek help or support from HR or colleagues.

• I eventually became burnt out and had to leave the job.

• I learned the importance of setting boundaries and advocating for myself in the workplace.

To make MadeInIndia campaign successful, PM Modi should focus on improving infrastructure, promoting innovation, and encouraging exports.

• Invest in building world-class infrastructure to support manufacturing and exports

• Promote innovation and R&D to improve product quality and competitiveness

• Encourage exports by providing incentives and reducing trade barriers

• Collaborate with industry leaders to identify and address cha...read more

Around 1 million iPhone 6 units may be sold in India post launch.

• Sales will depend on pricing and marketing strategies

• Apple has a loyal customer base in India

• Competition from other smartphone brands may affect sales

• Previous iPhone models have seen good sales in India

• Demand may be higher in urban areas compared to rural areas