McKinsey & Company Financial Services Practice
About Financial Services
Financial services includes retail and commercial banking, investment banking, asset management, insurance, and payments. The industry faces digital disruption, regulatory pressure, and evolving customer expectations.
Sub-sectors
Current Hot Topics
- •Digital banking transformation
- •Open banking and API integration
- •ESG investing and sustainable finance
- •Cryptocurrency and DeFi regulation
- •BNPL market evolution
- •Basel IV implementation
McKinsey's Position in Financial Services
McKinsey is a recognized leader in Financial Services consulting. The firm has built a large team of specialists with deep expertise across Retail Banking, Commercial Banking, Investment Banking, and more.
As a practice leader, McKinsey typically works with the largest organizations in Financial Services on their most complex strategic challenges. Consultants joining the Financial Services practice benefit from exposure to transformational engagements and strong industry networks.
Types of Financial Services Work
McKinsey's Financial Services practice typically works on:
Interview Expectations
Interviewer-Led Format
McKinsey uses an interviewer-led case format. Interviewer-led format where the interviewer controls the pace and direction. You'll be asked specific questions rather than driving the case yourself.
Industry Knowledge Requirements
While not required, demonstrating awareness of Financial Services trends and terminology is beneficial.
Common Financial Services Case Types
Career Path in Financial Services
Strong growth potential with clear progression paths and deep client relationships in Financial Services.
Exit Opportunities
Consultants from McKinsey's Financial Services practice commonly move to:
Practice Financial Services Cases
Get realistic practice with voice-powered case simulations featuring Financial Services scenarios.
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