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239:. It is common for interviewers to ask the candidate to do some simple math that involves addition, subtraction, multiplication, division, fractions, decimals, and more. Practicing finding percentages with fractions and doing simple multiplication is an important step before stepping into a case interview.
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Interviewing for a consulting position requires vast preparation before stepping into the room. While the interview does include behavioral questions that candidates must prep for, the largest and most important piece of these interviews are the case interview sections. It is common for candidates to
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Candidates are often asked to estimate a specific number, often a commercial figure (such as market size or profitability) or determine action plans to remedy a business problem (such as low profitability or decreasing market share). Questions are generally ambiguous and require interviewees to ask
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throughout your interview is vital to your success. Not only so you are organized and can stay on track, but if you are unorganized it will be a bad look in your interview. Ensuring that you understand how to use frameworks is important for this skill and practicing using many different frameworks
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Not only is it important to know this information, but it is equally as important to use your business knowledge to find creative solutions to the problem at hand. For example, if your case is about declining profits of an airline company, having knowledge about COGS is important. However, it will
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in which the applicant is presented with a challenging business scenario that he/she must investigate and propose a solution to. Case interviews are designed to test the candidate's analytical skills and "soft" skills within a realistic business context. The case is often a business situation or a
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A case interview can also be conducted as a group exercise. Here several candidates are given some briefing materials on a business problem and asked to discuss and agree upon a solution. The interviewers normally sit around the exterior of the room as silent observers. They assess candidates'
246:. It is extremely common to be shown and asked to interpret a graph in interviews and knowing how to analyze different types of graphs will allow you to connect them with your case. So, be sure to familiarize yourself with several types of graphs and learn how to read them.
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jobs. Consulting firms use case interviews to evaluate candidate's analytical ability and problem-solving skills; they are looking not for a "correct" answer but for an understanding of how the applicant thinks and how the applicant approaches problems.
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are good enough to be able to construct arguments from evidence and data. Practicing with a variety of types of cases will expose you to different problems and allow you to learn new problem solving skills. It is also important to work on your
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communication and interaction as well as analytical thinking and commercial awareness. Interviewers "red flag" candidates who try to dominate the conversation; consultants work in teams so it's important to be a team player.
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is the key to success as you solve your case. Just like other job interviews, the interviewer will continuously be evaluating your communication skills and how you present yourself throughout the interview.
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Even if you can use the skills above to craft impressive questions and responses to the interviewer, none of it will matter if you are unorganized in your presentation. Most importantly, learning how to
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spend roughly 60-80 hours across a few months prepping for these interviews. Follow the links cited under each paragraph to practice/develop these skills, as well as learn more about them.
190:. You must be able to understand all of the business cases presented to you, as well as use business skills like knowing what makes up revenue and costs to solve the problem at hand.
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questions or make assumptions to make a reasonable, supported argument to their solutions. Candidates are expected to demonstrate reasoning rather than to produce the exact answer.
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While going through frameworks and practicing with actual cases is important in preparation, it is equally important to practice the skills necessary to succeed in the interview.
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There are several different ways to prepare for these interviews in order to learn the methods and frameworks above. An example of steps candidates take to prepare are:
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Like preparing for any job interview, it is important to practice with mock interviews and work on your soft skills before you sit across from a partner.
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The image above is a stacked bar chart showing EV annual sales by country. This is an example of a chart that may be given to you for interpretation.
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not impress an interviewer if you can not use your creativity to formulate questions and conclusions specific to the airline industry.
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How to Get Into the Top
Consulting Firms: A Surefire Case Interview Method - 2nd Edition
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During case interviews, interviewers are generally looking for the following skills:
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Do research on what different companies like to see in interviews (BCG, Mckinsey)
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Boston
Consulting Group (BCG) is one of the largest managerial consulting firms.
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519:, Sugata Biswas and Daryl Twitchell, John Wiley & Sons (January 1999),
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will help to keep you on track to succeed and impress your interviewer.
465:"Consulting Case Interview Math Practice – Everything You Need to Know"
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The
Harvard Business School Guide to Careers in Management Consulting
401:"Case Interview Prep: A Comprehensive Guide [updated 2024]"
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489:"A Complete Guide to Analyzing Case Interview Graphs & Charts"
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Student Career Center, retrieved
January 1, 2008, via archive.org
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Case in Point: Complete Case
Interview Preparation, 8th Edition
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business case that the interviewer has worked on in real life.
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Another analytical skill that is necessary for interviews is
89:: Industry analysis to assess potential company profitability
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via, PrepLounge 04/26/2024 Reading Time: 20 Minutes Share.
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An example of a framework used by business analysts is:
600:"Management Consulting Case Interview Sample Questions"
517:
Management
Consulting: A Complete Guide to the Industry
427:"Case Interview: The Ultimate Consulting Guide (2024)"
112:: Define proficiencies in areas unique to the company
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The
Wharton MBA Case Interview Study Guide: Volume I
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Crack the Case System: Complete Case
Interview Prep
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learning how to interpret different types of graphs
332:Case in Point: Complete Case Interview Preparation
235:Lastly, one of the easiest skills to practice is
164:Problem Solving, Creativity, and Business Acumen
81:: Tracking key objectives as a prevention method
377:"Case Interview Prep (7-steps to an MBB offer)"
106:: Used to assess relative product line strength
515:Chapter 5, "Mastering the Case Interview", in
28:Case interviews are mostly used in hiring for
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94:The General Electric-McKinsey nine-box matrix
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529:Nina Munk and Suzanne Oliver, "Think Fast",
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151:Work with peers to conduct mock interviews
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75:: Comparison of metrics to competitors
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45:Numerical and verbal reasoning skills
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552:Case Interview Success - 2nd Edition
171:First, you need to ensure that your
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888:List of management consulting firms
533:, March 24, 1997, pp. 146–51.
211:Combining a proper structure with
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723:Information technology consulting
630:"Case Interview Preparation Plan"
98:Used to help assess opportunities
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620:"Case Interview Resources" (pdf)
774:Certified management consultant
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733:Risk and strategic consulting
299:Wharton MBA Consulting Club,
145:Discover different frameworks
159:Skills to Practice and Study
936:Management consulting firms
893:List of IT consulting firms
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103:The BCG growth-share matrix
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493:Hacking the Case Interview
237:math and analytical skills
223:Math and Analytical Skills
198:Structure and Presentation
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718:Human resource consulting
357:www.extension.harvard.edu
148:Go through practice cases
728:Public sector consulting
708:Environmental consulting
698:Biotechnology consulting
834:Boston Consulting Group
604:Northwestern University
829:McKinsey & Company
703:Engineering consulting
632:, by ConsultingCasePro
614:University of Maryland
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174:problem solving skills
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683:Management consulting
351:forbes (2012-01-31).
261:Management consulting
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30:management consulting
794:Fixed-price contract
610:"The Case Interview"
142:Learn what to expect
86:Porter’s five forces
764:Business networking
759:Business consultant
578:Mark P. Cosentino,
469:My Consulting Offer
405:My Consulting Offer
320:Booz Allen Hamilton
117:Case Interview Prep
839:Bain & Company
754:Accounting network
688:Assurance services
431:www.preplounge.com
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362:2017-01-24
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