This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
Consulting caseinterviews are a critical part of the hiring process for many top consulting firms. Preparing for these interviews can be daunting, but with the right strategies and mindset, you can overcome this challenging hurdle. This could be a fellow applicant or a mentor who has experience with caseinterviews.
Welcome back to the last in our series on breaking down caseinterview frameworks. By the end of this article, you’ll be well on your way to becoming an M&A case framework master. In consulting cases you often have to pick scenarios and use numbers to identify what the likely outcomes may be. Have no fear!
The Mutually Exhaustive Collectively Exhaustive (MECE) framework is an important problem structuring principle that consultants use to organize data efficiently and comprehensively. In this article, we will cover how to utilize MECE in a caseinterview setting. To watch a video … Continue Reading.
Last month, we reviewed the nuances of caseinterview anatomy , emphasizing how interviewer- and interviewee-led interviews have similar case anatomy. If you’re new to the world of management consulting, or if you haven’t been around it for very long, you’ve probably noticed you have a lot to learn.
A major portion of the consulting caseinterview tests your quantitative skills. Consultants work with a lot of data and can spend a significant amount of time crunching numbers. So your interviewers want to know that you’re comfortable with math and have strong analytic reasoning skills.
Welcome back to our caseinterview frameworks series, giving you a step by step approach to solve any case that’s set before you. Caseinterview frameworks are used to open a case and to solve a case. Try it on the Mexican car market case and post your approaches in the comments below).
The idea is, if you were to discuss industry consolidation in a caseinterview, you would have an intuitive and conceptual idea of what typically happens in these situations. What general business concepts (not necessarily caseinterview concepts) do/did you find confusing? Read Our Privacy Policy. No, Thanks!
Sandy Lerner, co-founder of Cisco Systems, once summed up consulting interviews perfectly when she said, “The first rule of any game is to know you’re in one.”. In the research you’ve been doing into the wild world of management consulting, you should have noticed how important the caseinterview is on your road to a job offer.
Lately, I’ve been getting a lot of questions about how to handle caseinterviews via video conference. While video conference caseinterviews weren’t unheard of before, they are much more common right now. It allows the interviewer to see and hear you clearly. Technical Setup. Handling a Bad Connection.
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.
Caseinterviews can seem like a daunting task. Thankfully, by taking tangible steps you can be well prepared for your caseinterviews. In my opinion, a productive place to begin is to watch videos about the caseinterview. Practice cases. A “casing buddy” can be a roommate, friend, or classmate.
What is a Case? Cases are a tool used by interviewers based on a business scenario; they go beyond behavioural and background questions to assess the actual abilities of a candidate by replicating the steps of a consulting project. Do not just repeat what the interviewer said. Structuring the Problem. Develop Hypothesis.
A vast portion of a management consultant’s career is spent analyzing data, summarizing information, extracting insights, and helping to convert knowledge to action. So, a few minutes into your caseinterview, the recruiter slides a chart across the table and asks what you can tell from that particular exhibit.
Cracking a case can be a daunting task. As you prepare for your next consulting caseinterview, here are 4 quick tips that will help you to tackle any case. Remember, the interviewer may have additional information that they will only share if you ask! How would you get the data in a real case?
Lately, I’ve been getting a lot of questions about how to handle caseinterviews via video conference. While video conference caseinterviews weren’t unheard of before, they are much more common right now. It allows the interviewer to see and hear you clearly. Technical Setup. Handling a Bad Connection.
” Daniel (not his real name) was a VP human resource manager at a Fortune 500 company. I asked him whether he had collected any data that could provide him with insights into systematic patterns. “I made sure we get exit interviews done with every single employee who is leaving us,” he replied.
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. There are various types of caseinterview.
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?
There’s an ever-increasing demand for people who can leverage software to analyze, understand, and make day-to-day business decisions based on data. Data Science is now a quickly growing discipline , giving people with any kind of data expertise a serious competitive edge. Scaling Your Team’s Data Skills.
We know from organizational culture assessment data that employee engagement and employee experience (EX) are pivotal to organizational success. These two concepts, while interconnected, serve distinct purposes within a talent management strategy. Are you using data to make the right talent management decisions?
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. Au contraire, peeps. Why Consulting?
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.
And as more and more candidates start to use them frequently, it is harder to impress the interviewers. Hence, I would like to give you two secret models to help you delight your interviewers. Strategy related cases are not very usual during interviews. Strategy related cases are not very usual during interviews.
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. The consulting industry in general is known for having very high paying jobs , and this is equally true for both management and economic consulting. Similarities.
I've had several requests to provide an example of a case involving the Capacity Change Framework as described in my caseinterview frameworks article. First, you don't see this kind of case very often. I did 60+ caseinterview questions and never saw this case even once. DEFINITIONS. .
If you’re applying to a consulting firm, be ready to get acquainted with caseinterviews. Almost all consulting firms include the caseinterview as part of their recruitment process. Even non-consulting firms are utilizing caseinterviews as part of their process so you don’t want to be blindsided.
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. Recognizing client’s needs for help managing IT operations and resources, IBM Vice President Robert M. Enjoy the ride!
We recently had the opportunity to interview Jason, a student at NYU Stern who landed a summer internship with Deloitte Consulting S&O. I talked to one of my professors who was a former management consultant himself, and he talked about his work; I remember how excited he was when he was talking about it. Jason: Right.
The process and rational I use to answer this specific estimation question can be used as a template to practice answering other estimation questions as you prepare for caseinterviews. The interviewer's evaluation in this type of question is in assessing the approach you took, not necessarily the specific answer you gave.
Management consulting is an industry that offers assistance with this kind of high-level decision-making and problem-solving. Management Consultants help businesses make strategic decisions that directly impact the entire company. What is Management Consulting A lot of people ask me, “What is management consulting exactly?”It’s
8 minute read Your manager is leaving for a new job. You made the decision to go for the manager role. Youre about to go from being a peer with the rest of the team, to being their manager. Ive worked with many first-time managers in exactly this position. You got the job. Congratulations! But what now? Youve got this!
Bulger Partners really got off the ground in 2012, and was the brainchild of Founder and Managing Partner Chris Bulger. In the firm’s flagship Boston office, 100% of employees – including the Managing Partner and Senior Leadership – sit out in an open bullpen (software company style). . – Revenue: $20M.
CtW Investment Group, an activist shareholder group, requested that Amazon implement something much like the “Rooney Rule,” a requirement instituted by the NFL in 2003 that every team must interview at least one minority candidate for an open head coach or general manager position.
The prize for best answer was a FREE Consulting Case Bank and The Consulting Bible 3rd edition – a HUGE giveaway – so we weren’t surprised when we heard from so many of you. As we were looking through your responses, we realized you were answering as if you were in an interview – and that’s smart.
I have been practising caseinterviews for over two months now, however, I always get a little tense when I am doing the cases. Please advise on how I could overcome the apparent nervousness and come across as calm during the other interviews. So this is why confidence in cases and in consulting is important.
These stereotypical notions, which cast men as having traits better suited to starting successful companies, don’t hold up when compared with venture performance data from annual reports. The VCs stated that, in all cases, they need to evaluate each venture’s financial status. ” What the Data Actually Says.
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.
This article looks at concluding your caseinterview well. I truly hope these articles help you succeed in caseinterviews and win the job you truly hope for. Right after the restatement of the client question, the conclusion reads “here is my recommendation…” What this does is it primes the interviewers.
Today I’m going to talk about a very important aspect of the caseinterview, which is your conclusion to the case problem. Structured thinking and structured communication are at the crux of what management consultants are doing day in and day out. Data supported arguments. Next-level insights.
Gemini Consulting was formed in 1991 with the integration of management consulting firms, United Research and The MAC Group. The practice areas with projects that offer the best exit opportunities for business management are Big Data and Analytics, Marketing and Business & Technology Innovation. Random, right?
Most managers would agree that motivated, productive employees are crucial for organizational success, regardless of company size, industry, or corporate strategy. Sometimes, these incentives work in ways managers intended them to. The question is how to motivate them. We wanted to learn more about this relationship.
The Advisory Board Company also offers technology, management, and consulting services. H*Works was the first of many steps the company took towards building its prestigious (in the healthcare consulting world) consulting and managing services. EMR and practice management IT selection and implementation. Supply chain.
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. In case you hadn’t figured it out by now, Bates White is a boutique economic consultancy firm headquartered at Washington, D.C. Internships .
We organize all of the trending information in your field so you don't have to. Join 55,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content