Your Chances of Getting a Job at McKinsey

Economist reports:

[The consulting firm] McKinsey interviews 200,000 people each year, but selects just over 1%.

Each McKinsey applicant can be interviewed eight times before being offered a job; at Goldman [Sachs], twice that is not unheard of. At Capital [Group] a serious candidate is likely to be seen by 20 people, some more than once. Recruitment, these firms believe, is the start of a lifelong relationship. At the same time, Goldman and McKinsey also have a policy of helping their staff to find suitable work elsewhere, all in the expectation that they will eventually become loyal customers.