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Do you sweat when nervously thinking about how Disney can expand its operations in Brazil? Learn more about the interview preparation course and guide that helped land offers at BCG, Accenture, and McKinsey. Learn more about the interview preparation course and guide that helped land offers at BCG, Accenture, and McKinsey.
Many history, English, and art majors, engineers, and law students – all of interest to consulting firms, but lacking in business basics – come to us asking how they can develop their business understanding to prepare for consulting interviews. To learn more about this book, read our McKinsey Way Book Review.
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. At the Big 3 (Bain, Boston Consulting Group, McKinsey), you can expect travel 50-75% of the time. We offer resume editing and interview prep.
Do you need to have an MBA to break into McKinsey? The short answer is no – you do not have to have an MBA to break into McKinsey. Didn’t Michael Wolf, former Director of McKinsey’s Global Media & Entertainment Practice, do it with a BA in international politics from Columbia? McKinsey hires MBAs – it’s a fact.
Have an upcoming Oliver Wyman interview? After building a successful model in financial services, Oliver Wyman expanded to offer pure strategy consulting services to non-financial services groups and now has 2 internal divisions that operate relatively independently. Strategic Information Technology and Operations.
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. On the value creation side, Bulger Partners covers 13 different types of value assignments (growth strategy offerings, technical strategy, operations, etc.).
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!
Booz & Company Interview and Culture. So you have a Booz & Company interview coming up, and you want to be the best candidate they see? In reality, McKinsey, Bain, and Boston Consulting Group are tied for first, so Booz & Company is a close 2 nd place. Operations and Logistics. We want you to nail it.
Capgemini has a strong focus in products and processes with major operations ; the complex industries (like manufacturing and energy) are well-suited to major spend on technology infrastructure, which is where the firm makes most of its money. CAPGEMINI CONSULTING INTERVIEWS & RECRUITING. Industries. Core Values.
This is especially the case when difficult conditions are caused by extreme changes, such as COVID-19. Operating in the “old normal” is the surest way to go out of business in a major recession. When times get difficult, it’s natural to want to step back, play defense, and wait for conditions to get better. It’s the option to be….
While you may not directly use the 7 S Model in the consulting caseinterview, it will give you a deeper understanding of how to examine the inner workings of an organisation, identify strengths and sources of competitive advantage, as well as weaknesses and reasons why an organisation may not be operating effectively.
At consulting firms like McKinsey, you will receive a personal experience interview (or McKinsey PEI). Sometimes an entire interview is devoted to these types of questions. Other times, you will receive 10 - 15 minutes of these kinds of questions before you get a caseinterview.
As a prospective consultant, one of the things that can seem the most mysterious in the case study prep process is wondering what the interviewer is going to ask you next. Many of you have heard about interviewer-led and interviewee-led caseinterviews and are wondering how to approach each one appropriately.
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.
MECE (pronounced "me see") or Mutually Exclusive Collectively Exhaustive is a principle often used by management consulting firms such as McKinsey to describe a way of organizing information that is "Mutually Exclusive, Collectively Exhaustive". This may require you to consider a typical customer use cases. The Profitability Framework.
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Bain operates in 47 offices across 30 countries. In Ausralia, Bain operates out of Sydney, Melbourne and Perth. Founded in 1963 by Bruce Henderson, BCG operates in more than 75 offices worldwide. In Australia, BCG operates out of Sydney, Canberra, Melbourne and Perth. McKinseyoperates in 98 locations worldwide.
Following is a report from a CaseInterview.com student that was recently hired by BCG in Western Europe where he shares his experience interviewing with BCG in Europe. My preparation consisted of your videos and the Case in Point book. My first two interviews were more quantitative.
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.
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I have recently received feedback from my final round interviews at McKinsey, and have been told that they would like to interview me two more times because they were not clear on some of my case solving abilities. And how do I improve on this aspect of the case? analytical, i.e. structuring of a problem.
Rather than addressing the operational angle of how to do it, we address the bigger question of what to do. In this case, you may determine that gaining market share will be your client’s biggest challenge. This may involve traveling to the client’s site to collect data, interview employees, and examine daily operations.
In the book The Checklist Manifesto by surgeon Atul Gawande (one of my favorite books on building scalable operations), the author discusses the errors that occur in surgery. The two errors that stick out most in my mind are: Operating on the wrong part of the patient (e.g., I was shocked at the types of errors that occur in surgery.
McKinsey & Company. Established in 1989, Accenture operates in more than 120 countries worldwide. Founded in 1983, A&M operates in 38 cities worldwide. Applied Value offers strategy, finance, and operations management services. Kearney operates across 55 locations world wide. Boston Consulting Group.
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. On the value creation side, Bulger Partners covers 13 different types of value assignments (growth strategy offerings, technical strategy, operations, etc.).
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. On the value creation side, Bulger Partners covers 13 different types of value assignments (growth strategy offerings, technical strategy, operations, etc.).
OC&C STRATEGY CONSULTANTS INTERVIEWS & CULTURE . This firm was birthed out of the frustration they both felt with their employer, who they believed devoted too much time to operational issues while neglecting strategic analysis. Hans-Dieter Kleinhueckelskoten, who both worked at McKinsey. Operational Strategy.
Google’s hiring culture is as storied as the company’s history – current team members are incredibly involved, and the process includes fit and caseinterviews, essays, and a hiring board review – all told, it can take 3-6 months or more, and an internal recommendation (get networking, y’all) is heavily weighted.
With 27 offices worldwide, Parthenon-EY is still a new venture, although it is has gained decent market share in the 2 years it has been operational. The practice areas at Parthenon-EY reflect the operational nature of consulting projects at the firm. PARTHENON-EY INTERVIEWS AND RECRUITING. Practice Areas. Consumer Products.
It also delivers specialist operational, consulting and industry expertise to management and investors seeking to accelerate performance and maximise value across corporate and investment lifecycles. Kearney is a global management consulting firm focusing on strategic and operational issues faced by CEOs. Cedar Management Consulting.
In a clear and methodical way, they invite the strongest applicants to come and joust in a competitive caseinterview tournament, which emulates the complexity and ambiguity of real business problems. In this case, customers benefit from expensive bespoke solutions based on entirely novel thinking.
Before I share what I do personally and why I do it, I thought I’d start by explaining what happens before and at the start of a McKinsey engagement. Before McKinsey is hired, the many stakeholders in a company (various executives and the board of directors) all have endless opinions on what direction a company should go in.
Interview online or through an employee referral (recommended). Interview Tips & Tricks. With such a broad range of operations, we have heard reports of varying experiences in the interview process as well as during typical daily occupation in CHG – some wonderful and some not so much. Prepare for interviews.
On the value creation side, Bulger Partners covers 13 different types of value assignments (growth strategy offerings, technical strategy, operations, etc.). The firm also brought on technology executive and entrepreneur Jeffrey Vogel to build the consulting operations as Head of Strategy Consulting. BULGER PARTNERS ORGANIZATION.
For new college graduates entering management consulting the top three consulting firms salaries breakdown is below: McKinsey: Base Salary: $83,000. McKinsey: Base Salary: $152,500. Their emphasis on technology, cost-cutting, and effectively managing operations has led to better consultant pay over time. Signing Bonus: $5,000.
Founded in 2003 by two former Deloitte partners, Archstone Consulting specializes in helping companies eliminate operational inefficiencies, cut costs and invest resulting savings back in to the growth of the firm. The practice areas at Archstone Consulting reflect the operational nature of consulting projects at the firm: Business Strategy.
Personnel are treated fairly and the company’s overarching operating principles are universally praised by both current and former employees. Interview Tips & Tricks. When pursuing a position at GP, be prepared for a behavior-based interviewing format. Prepare for interviews. Are you an employer?
In 2004, the Institute for Operations Research and the Management Sciences (INFORMS) awarded Andy and Prabha the Marketing Science Practice Prize for outstanding implementation of marketing science concepts and methods, recognizing the sales territory alignment system they had developed and implemented through the work of ZS Associates.
When I first started recruiting for consulting jobs, an interviewer at Bain shared a story (arguably a legend at this point) about how Bain (or it might have been McKinsey) was asked to advise Motorola on whether or not they should enter the mobile phone market. This would be a textbook strategy created by McKinsey, Bain or BCG.
According to a recent McKinsey Global Institute report , the number of people in the global labor force will reach 3.5 What’s more, the subsidiaries operated more or less autonomously, each with separate organizational cultures and norms. Photo by Christine Roy. Translators were employed for cross-border communications.
Marketing consultants may work as freelancers, or as part of a digital agency (such as Slalom ), marketing agency (such as Ogilvy ), or larger firm that has digital and marketing capabilities (such as McKinsey Digital or BCG X ). You might consider finding internships or part-time jobs in marketing or consulting.
It is the notion that, as a company gets bigger, it is able to achieve cost savings through its “scale” or the size of its operations. If you found this post useful, I suggest becoming a registered member (it's free) to get access to the materials I used to pass 60 out of 61 caseinterviews , land 7 job offers, and end up working at McKinsey.
Although historically not known for consulting services (unless you were consulting – ahem, lobbying – government officials), strategy, operations, and even tech consulting have exploded inside and outside the Beltway in the last 10 years. McKinsey has legacy – the first mover in the DC area – and power in its camp.
For example, the mental model you have about your business is your mental picture of how your business operates. If your end of month cash in the bank differs from what you thought it would be, that means the mental model of your operating cash flow isn’t accurate. Additional Resources.
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