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Consulting firms rely heavily on caseinterviews to find the right candidate and, therefore, you should practice them – practice them well, start practicing them early (2-3 months prior to the interview), and then keep practicing them often. The 2 caseinterview styles are Interviewer-led and Interviewee-led cases.
Interviews are difficult – they involve researching the company, preparing for informational interviews, and practicing behavioral questions. If you are aiming for a consulting internship or full-time job, there is also an unavoidable hurdle you will need to jump – caseinterviews. Caseinterviews can be stressful.
Management consulting is a decades old industry. And the caseinterview has been a consistent staple in the consulting recruiting process. Some firms, however, use what’s known as the “case presentation interview” to test candidates. They use this to test … Continue Reading.
Last week we held an MC exclusive subscriber giveaway contest – entrants told us in 200 words or less how they became interested in consulting. The prize for best answer was a FREE ConsultingCase Bank and The Consulting Bible 3rd edition – a HUGE giveaway – so we weren’t surprised when we heard from so many of you.
During an interview, it is common to be asked “Tell me about yourself.” The fit interview is where magic happens , where your true self comes out, and where the interview is ultimately decided. The fit interview is the tiebreaker, so you best be on your game. Why Consulting? Au contraire, peeps.
Simple cursory research about the management consultingindustry and how to become a consultant will quickly reveal that something called a “caseinterview” is an important part of the process. The post CaseInterview: Complete Prep Guide appeared first on Management Consulted.
Simple cursory research about the management consultingindustry and how to become a consultant will quickly reveal that something called a “caseinterview” is an important part of the process. The post CaseInterview: Complete Prep Guide appeared first on Management Consulted.
As the next installment in our popular Firm Profile series, we take a look at the evolution, reinvention, and current interview tactics of one of the world’s premier consulting firms – IBM. Howe created the IBM Consulting Group in 1992. 1992, IBM unveiled another service called IBM Consulting Group.
Set yourself apart in the consulting business by highlighting your specialty through customer stories and white papers. Gordon is a white paper writer and consultant who has has worked with Google, Oracle, Intuit, and many other Fortune 500 companies. He’s interviewed over 200 C-level executives and written over 170 white papers.
Banking salaries average 50-100% higher than consulting salaries , with the difference increasingly significant as your seniority increases. Consulting compensates with perks that banking does not offer – from better travel allowances to more generous health and retirement packages. 2 LIFESTYLE.
Consulting-style caseinterviews are highly effective, and the same format is being adopted more and more widely. The major consultancies have converged on a largely identical interview style, precisely because it excels in picking out the most genuinely capable candidates from the huge pools of applications received.
A prospective management consultant without basic business understanding is like a camera tripod with 2 legs — it just won’t work out for you. Here, we’re not talking about actually developing caseinterview skills per se – we have a whole bunch of suggested articles at the end that will help you do that.
In caseinterview prep, Victor Cheng has risen to a household name in the last 5 years, and his book CaseInterview Secrets is one of our recommendations for those looking to break in to the industry. . It takes focused, specific preparation to ace your caseinterview. Other caseinterview formats.
For example, "industry consolidation" refers to the process of small businesses merging into a larger business so that an industry with many small companies ends up being an industry with only a few large companies. auto industry had 300+ auto manufacturers. This is the result of industry consolidation.
To the uninitiated, the caseinterview can be more than a little bit terrifying. The main point of the caseinterview is to provide you with an opportunity to show the interviewer the great job you’d do if they hired you today and set you straight to work. Not tens, or hundreds, but thousands. 1 – Mental Math.
CAPGEMINI CONSULTING. Today we continue our firm profile series with an in-depth review of Capgemini Consulting. KEY STATS FOR CAPGEMINI CONSULTING. KEY STATS FOR CAPGEMINI CONSULTING. CAPGEMINI CONSULTING HISTORY. Then in 1970, Sogeti diversified into consulting and outsourcing services. Website: [link].
Welcome back to our series on using frameworks to break down caseinterviews. In our first article, we provided an overview of frameworks and how you can use them to solve any case that gets put in front of you. If you get a case that deals with declining profits, the first question you should ask is “why?”
Welcome back to our series on using frameworks to break down caseinterviews. In our first article, we provided an overview of frameworks and how you can use them to solve any case that gets put in front of you. If you get a case that deals with declining profits, the first question you should ask is “why?”
Caseinterviews can be a hurdle or stepping stone at the beginning of your consulting career. The difference lies in your preparation and ambition for a consulting career. The interview tests your problem solving ability, communication skills, composure and interpersonal skills. Reading Time: 4 minutes.
Have we got a treat for you today, as we highlight up-and-coming software consulting firm Bulger Partners. In fact, the firm is already beating out heavyweights such as McKinsey, Bain, and Parthenon-EY for strategy projects in the tech sector due to better industry specialty. BULGER PARTNERS. BULGER PARTNERS KEY STATS.
As a self-employed consultant do you really need a website? I’m asked this a lot, particularly if a consultant gets most business from referrals or they contract through agencies or boutique firms. Indeed, I know dozens of independent consultants making six-figure incomes without one. If you don’t, keep reading!
Here are some of the main ways I’ve seen consultants get briefed on projects. Blueprints which potentially specify the templates that should be completed may even be available in some cases. These structures help keep consultants focused on what matters and may help them avoid re-inventing the wheel. project tactics).
We recently had the opportunity to interview Jason, a student at NYU Stern who landed a summer internship with Deloitte Consulting S&O. In terms of getting interested in consulting, that wasn’t something that I came to Stern for right off the bat. Jenny Rae: Thanks for joining us today. Jenny Rae: Fantastic. Jason: Sure.
Cracking a case can be a daunting task. For a career in consulting, you should strive to be ambitious, passionate and determined. As you prepare for your next consultingcaseinterview, here are 4 quick tips that will help you to tackle any case. How would you get the data in a real case?
Almost every caseinterview across all consultingindustries includes one specific section devoted to evaluating the interviewee’s ability to handle a mathematical problem. Firstly, it will allow you to receive feedback from your interviewer in case your method of finding the correct answer is incorrect.
Market sizing is the test of a consultant’s mettle. It is a classic caseinterview question, in which a candidate is asked to make an estimate. It depends on the case. Like all interview questions or tasks in consultancy, ask questions at the start. Reading Time: 4 minutes. How big is the market?
Interviews were fast approaching and I knew I wasn’t on track. These insights led to a 100% hit rate at my consulting and tech interviews, which included BCG, Strategy&, AT Kearney, Amazon, Cognizant, and several boutique consultancies. Entire books are written about mastering the 30 minute case! Be normal.
The Consulting Blog’s new editor. in Management Consulting. We have chosen the talented Ashley Sherman to be an Editor of the Consulting Blog for 2013/14. An accomplished Business & Political Economy student at NYU Stern, Ashley brings passion, keen intellect, and a unique perspective to the Consulting Blog.
NERA ECONOMIC CONSULTING. Interviewing with NERA Economic Consulting? In fact, if you look at a list of top 20 consulting firms, NERA won’t be on it. That being said, NERA is still a major player in the consultingindustry and here’s why: NERA Economic Consulting is the top econom ic consulting firm, period.
. BRIDGESPAN INTERVIEWS & CULTURE . Founded in Boston, MA , and containing the heart and DNA of consultingindustry giant Bain & Company, Bridgespan is the key non-profit consulting firm in today’s consultingindustry. Bridgespan Employees: 15-60 Consultants. Strategy Consulting.
The journey to management consulting has many pitfalls that a candidate needs to navigate. Along the way, every candidate will encounter the caseinterview. As monstrous as it may look, it is said that the caseinterview reflects the reality of day-to-day consulting. Caseinterview structure.
Here’s our first post about networking your way into consulting. Think of it as a 101 on consulting networking. Your asset file consists of the names of anyone and everyone who can help you – either directly or indirectly – get a job in management consulting. Now, let’s introduce some new vocab.
One of the most difficult tasks in a caseinterview is to ask the right questions at the beginning of the case. As a result, this don’t really help them to solve the case. However, the goal of the questions must be to scope the subsequent structure and tailor it exactly to the case at hand.
“Case study interviews put you in the driver’s seat: you’re given a real business problem to work through and solve. The logical reasoning you use to work through the case is just as important as the conclusions you reach” ( The University of Sydney, 2019 ). There are many different case study examples online.
Consulting is one of the most sought-after careers for graduate students looking to work in a high-responsibility and dynamic work environment. While almost everyone has heard about the prestigious careers in management consulting, there is a career that is quite similar and just as lucrative in economic consulting.
Case coaching is an industry of its own. It seems like coaching is a necessary part of the consultinginterview prep process and without it you don’t have a chance of getting an offer. It can be a tough decision as the price point for case coaching can be very high (10x more than the average hourly wage in the US).
What was missing from current consulting resources? It was simple – you wanted 3 things: more practice cases for use by yourself or with partners. simple and easy-to-use frameworks for structuring cases. guided interview prep homework and practice plans. An update to The Consulting Bible wasn’t enough.
BATES WHITE ECONOMIC CONSULTING. Bates White Economic Consulting is a highly reputable boutique firm that has been gathering momentum in recent years. As if he wasn’t already impressive enough, he also led a team that provided expert services during the Vitamin C Antitrust Litigation, one of the largest price-fixing cases in U.S.
Does Oliver Wyman really offer a “different kind of consulting”? Oliver Wyman’s strategy consulting practice has made waves specifically in the financial services sector , and beyond as well. Have an upcoming Oliver Wyman interview? They have served Global 1000 clients over the past 40 years. Website: [link].
What you will learn: Learn the basics of a caseinterview – what it is, how they are different from a regular job interview, who uses them, why they are used, and the types of caseinterview formats and the difference between them. Topics Covered: What is a CaseInterview? What is a CaseInterview?
MECE is one concept you must be aware of when preparing for the caseinterview and joining the consultingindustry. The term stands for “Mutually Exclusive, Collectively Exhaustive” and it is a seminal concept in consulting. Consultants work, eat, drink, … Continue Reading. The post What is MECE?
Economic consulting is the more analytical but lesser-known sibling of management and strategy consulting. This space provides a perfect opportunity for individuals interested in a consulting career but who prefer a more data-focused work environment and who would rather pursue a PhD or law degree than an MBA.
In today’s post, we feature some love from across the pond – and an insider’s look at consulting from an Associate at BCG. This guest post comes to us courtesy of Inside Buzz – make sure you go check out their detailed information on careers in, amongst other things, management consulting. We love the U.K.
Today, we continue Part 2 (see Part 1 here ) of our interview with Charlie, an experienced Harvard grad who took an unusual path into healthcare consulting, yet leveraged his experience and hard prep work into an offer at Putnam. And I think I have the gist of getting a case down, as well as understanding those details.
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