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. – Financial Acquirer, like a PE firm. – Financial Investor, like a hedge fund. Missed out on Parts 1-3?
In my time at McKinsey, easily half the people who left the firm went into the financial world (from hedge funds to PE), and salary was undoubtedly a major factor in the decision. Relationship with coworkers, managers, and firm. This is also a difficult issue for consulting firms with respect to employee retention. CONSULTING.
One of the most daunting things about caseinterviews is the uncertainty you’re faced with as you step inside the door. What if your interviewer is having a bad day and just feels like asking impossible questions?! 2) Focus on the financial impact, even when you lead with this framework. Next, ace your interview!
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. Common mistakes.
ModelOff 2012 – Financial Modeling World Championships. MODELOFF is a fun, innovative and professional competition for students and young professionals to develop and test their financial modeling skills against their friends, colleagues and top modelers from around the world. CaseInterviews. Management Consulting.
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.
The case study question is a fundamental portion of any consulting interview. When it comes to evaluating case studies, none of your other skills really matter. The bad news is that case study questions require a very particular way of thinking. Structure is everything when it comes to answer case study questions.
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? Since that time, it has become the fastest growing management consulting firm today. KEY STATS FOR OLIVER WYMAN. 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?
Whether you majored in Economics, English, or History, you will be expected to be comfortable with math during your consulting caseinterviews. The post Fast Math: Quant Skills appeared first on Management Consulted. To be more specific, you’ll need to be good at fast math. If math isn’t your … Continue Reading.
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.
The reason that this framework is worth introducing is due to the increasing frequency of M&A cases confronting candidates in the caseinterview. Needless to say, M&A deals are notoriously complicated financial activities, which makes candidates panic when they are prompted with an M&A case.
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!
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
Individual consultants and engagement managers usually develop their own ways of organizing information. In some cases the engagement team may create (up front) an entire blueprint to execute the project. Develop interview guides according to the problem solving structure and conduct interviews with the interview guides in mind.
in Management Consulting. Currently based in New York, Ashley plans to broaden her international business experience and has secured opportunities to study abroad in two of the world’s leading financial centres, London and Shanghai. Next post: Mastering the CaseInterview. CaseInterviews. Definitions.
This article focuses on how to conclude well in your caseinterview. What I’m going to do in this post is to give two examples of conclusions to the same caseinterview: one okay conclusion and one great conclusion. It is part 2 of a 3 part series. Okay Conclusion.
Interviewing with NERA Economic Consulting? Let’s just quickly discuss the difference between a top management consulting firm and an economic consulting firm. Let’s just quickly discuss the difference between a top management consulting firm and an economic consulting firm. NERA ECONOMIC CONSULTING.
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. The following is a simple concept to follow. Data supported arguments.
A recent study of VC firms found that more-diverse teams had higher financial returns than their homogenous counterparts. How did (or didn’t) managers play a role? To look into this question, I conducted a case study as part of my dissertation research involving 23 women of color at a Fortune 500 company.
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.
The Advisory Board Company also offers technology, management, and consulting services. ” In the years that followed, the company realized that solving any question for any company for any industry was a difficult first step for the small firm, so the firm started specializing in the financial services industry in 1983.
Management consultant salaries in the United States will vary by position and experience. Here’s a breakdown of salaries for management consultants according to the top three consulting firms. Their emphasis on technology, cost-cutting, and effectively managing operations has led to better consultant pay over time.
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? Industries.
In our recent HBR article , we argued that financial statements fail to capture the value created by modern digital companies. Some of these ideas contradict traditional financial thinking whereas others seem highly controversial or pessimistic. We distilled seven key insights from those discussions.
One of the most vital components of a successful acquisition is the financial valuation: determining the value of the target and ensuring that your client avoids paying too much. Clarifying why your client wishes to undertake the acquisition is a good place to begin, both in a caseinterview and in a real-life consulting engagement.
Booz & Company Interview and Culture. So you have a Booz & Company interview coming up, and you want to be the best candidate they see? Booz, who could very well possibly be considered the father of management consulting as a career. We want you to nail it. Thank you, Edwin Booz.
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. Starting today you can get BOTH for the price of the Consulting Case Bank. What had they wanted more of?
This led to economic paralysis and stagnation, and the global financial system remains weak to this day. Next post: ModelOff 2012 – Financial Modeling World Championships. CaseInterviews. Management Consulting. Previous post: Insights from Australia’s Leading Social Sector Consulting Firm. Categories.
Addressing this type of case question is achievable, provided you can identify the root of the problem. Below we look at a specific case scenario. Before we can begin discussing growth strategy, the direction of the case must be determined by asking vital questions regarding the current state of the museum. Consentino.
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.
Specializing in economic, financial and market analysis, specifically for cases in litigation, Cornerstone Research touts itself as the one player major law firms turn to when navigating the obstacle course that is the American and European legal systems. Bankruptcy and Financial Distress Litigation. Financial Institutions.
Many management consultants hardly complete two or three years in their jobs before they realize that there’s more to life than consulting. Interviews. Helping the organization to identify and manage strategic uncertainty. In terms of the interview process it followed the following steps: HR interview (fit).
The question of how to join a management consulting firm as an experienced hire from another industry or another consulting firm is one that is often asked. The traditional route is to apply and go through the standard interview process as an MBA summer intern or post-MBA consultant. First Step: Getting the Interview.
in Management Consulting. THE United States government has utilised management consultants for the past fifty years, beginning when McKinsey organised the National Aeronautics and Space Administration (NASA) in 1958. CaseInterviews. Management Consulting. A Perfect Storm: Growth in Public Sector Consulting.
I was recently sent this email from a student who has upcoming interviews with Bain and McKinsey asking me to clarify some details on my profit loss framework below is his question as well as my response. in the interview process, generally we simplify the process to assume the two are the same. Additional Resources.
The following is an example of a real-life case a student received and my advice on how to go about solving the case step by step. Question: I have a question regarding a case I had in an interview with AT Kearney last month. My question is how would you proceed with this case? or a cyclical problem.
Check out our selection of events for project/resource managers, business leaders, and industry professionals, which will provide you with valuable insights into recent trends and challenges, networking opportunities, and contribute to your professional development.
Guest Post from Peak Prosperity In an exclusive interview of John Hussman by Peak Prosperity''s Chris Martenson, Hussman says Stock Market Is Overvalued By 100%. Chris Martenson : John Hussman is highly respected for his prodigious use of data and adherence to what it tells him about the state of the financial markets.
Parthenon-EY Chief Executive : Bill Achtmeyer, Parthenon Founder and Senior Managing Director. Combining strategy experience with a worldwide network, financial backing and brand-name, Parthenon-EY has grown successfully without losing the familial culture that was so important to its co-founders. Financial Services. Healthcare.
On a day-to-day basis, you may could be helping a law firm critique their opponent’s expert analysis and developing financial models, or you may be working with government and corporate clients, helping them value companies, analyse markets and place for mergers and acquisitions. Financial Institutions. Entertainment & Media.
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