Same here, I also found the resources provided by their website very helpful, not just for McKinsey PST, but also for consulting case interviews in general. They have created a highly-structured cross-referenced database of case questions and answers. I can see their way of categorizing case types is probably influenced by Cosentino, author of case in point, and they further expand Cosentino's 12 case types into 18 or 19, although there are certainly some overlap between the 18 different case types: add capacity & growth business competition business turnaround estimate/guesstimate finance & economics improve profitability increase sale/revenue industry analysis market entry market sizing math problem merger & acquisition new business new product operations strategy organizational behavior PE & investment pricing & valuation reduce cost. Wow Client 2.4 3 Download. Hi all, I'm currently a US sector Healthcare Analyst with McKinsey, and have worked out of the New Delhi India office for 2 years before moving here to our new Costa Rican center as we're building new teams here. The procedure, test, and number of rounds differ considerably based on the position you are applying for. I can share my interview experience with you: 1) They called 15 of us in for the joint Problem Solving Test at 8am, we all wrote in one room. 2) Based on the result, 5 out of the group were asked to leave right after the test.

3) The rest of us went on to individual cases. Note, I don't have a traditional consulting background, so this was a big challenge for me. I managed to get ahold of some older Harvard Business Case Study manuals from a friend (who himself was an Engagement Manager with KPMG, from a top Indian B-school). These basically gave general overview tips on cases, how to build assumptions etc. I interviewed with Booz prior to this and BOMBED that interview, it was positively awful, they grilled me to death and I was not mentally prepared for it. I can share some of the cases thrown at me by McK, note, these will vary GREATLY based on the role you apply for, but they all test your ability to analyze, develop a concise thought process, and provide reasonable assumptions for your calculations. 1) Easier one: What kind of fast food do you like?

Ok, estimate the average daily sales for the KFC outlet down the road. 2) Tougher one: Estimate the average annual health insurance premiums generated for all commercial health insurance companies in India, for 2010 (this was tough and i dont think the interviewer, who subsequently became my boss, like my answer). A friend of mine who applied for the full blown consultant (Associate) position in San Francisco was asked to estimate the probability of him meeting a celebrity at an airport on a Saturday etc. He was a Haas grad.

A few points to keep in mind: - Domain knowledge is not necessary, you can answer the above without knowing jack-all about the industry. - In between, if you get a particularly tough interviewer, they will cut you off in mid calculation and say 'ok you just entered the elevator with the CEO, give me your pitch in 2 minutes flat'. That tactic is more applied to Associate and above roles.

Most of my colleagues did not have this happen to them for the Analyst position, but my interviewer did throw this at me, he told me I had 20 minutes to solve the tough case with full listed assumption, but came back in about 7 minutes and asked for the summary. If you feel its useful, I can share overview steps on how I anwered my case interview questions, though would like to inform you that they are definitely not the best way to do it, and there are always multiple approaches. They are basically testing how you think on your feet and what assumptions you come up with.

Management consulting frameworks pdf download. Perspectives on supplier management are lacking a clear framework and The main objective of Supplier Relationship Management Deloitte Consulting Ace Your Case! Consulting Interviews a job with a major management consulting firm. Consulting Frameworks 101.

Feel free to throw questions at me. I can also share the questions the Booz consultant threw at me for the Associate, I was TOTALLY unprepared for that but can at least share the question types. Cheers _________________ How to improve your RC score, pls Kudo if helpful! Work experience (as of June 2012) 2.5 yrs (Currently employed) - Mckinsey & Co. (US Healthcare Analyst) 2 yrs - Advertising industry (client servicing). ASSUMPTION TECHNIQUE Some of you messaged me about this separately, after my 2nd round, I thought I had bombed the case and it was over.

The interviewer (my subsequent boss) told me to erase what I was doing on the board mid-way and just sit down (After I got hired I found out he was a notoriously brutal interviewer and was testing my stress response). I asked him if he could give me one tip on what I could have done differently before I left, here's what he said: 'When stuck on a problem solving phase of your answer, particularly when you don't have enough knowledge or data to get to the next step, base your assumption on your own observations.' Sounds like common sense I guess, and for the rest of you seasoned interviewers these are probably redundant tips, but it helped me clear the next 2 rounds really well.

Also, I tend to disagree with the extent to which you should do that, but then again the interviewer is now almost a Partner with Bain so go figure! Cheers _________________ How to improve your RC score, pls Kudo if helpful! Work experience (as of June 2012) 2.5 yrs (Currently employed) - Mckinsey & Co. (US Healthcare Analyst) 2 yrs - Advertising industry (client servicing). You can try on My Consulting Coach, they have a free test and in general they are quite good value for money.

I tried them for the interview service and they were absolutely great. Their whole value proposition is about learning to think like a consultant vs. Learning frameworks. And in my experience, that's exactly what consulting companies are looking for. They taught me to structure problems on my own (no frameworks) in a simple, clear and analytical way, like a real consultant (your interviewer) would do.

So, take a look. And do a case interview with them, you won't regret it.

Case interview. If you are an undergraduate or MBA student who wants to get a consulting offer, you better do well on the case interview. If you ran a regression on consulting offers and good case interviews, the correlation would be 0.7 or higher. In non-geek terms, case interviews make the difference. You need to crush the case.

If you don’t do well on the case, it does not matter how good your GPA, industry knowledge, networking, and resume reads – you will not get a job offer. What’s a case interview? This format of interviewing is tough, but also a lot of fun. The interviewer gives you the problem and background, and it is up to the candidate to think through the problem, and selectively ask questions to solicit the information needed to get to a solution.

70% IQ, 30% EQ. I tell younger MBAs to think of it as if you were interviewing a client employee to get some information.

What kind of questions would you ask? What would your demeanor be? How would you engage in conversation to prevent it from feeling like series of robotic questions? How would you build credibility? How would you coach the interviewee in the right direction, so they help you to solve the problem? Thinking while smiling. It tests you mind & composure.

Consulting firms want smart people who are not robots. Successful candidates can break down complex problems in their head, while maintaining their composure. (photo: flickr, creative commons, wayofthesword14) What they are looking for. In my mind, consulting firms wants people who are smart, logical, quick-thinking, well-spoken, and engaging. Alternatively, they DO NOT WANT slow, confusing, dense, garble-mouthed, boring robots. Allen Toussaint Bright Mississippi Zip there. Consultancies want people they can immediately put in front of clients; they will bill you out to clients at $250-$400 a hour, and they want people who smell like success. If you are not too familiar with case interviews, that is okay. There are a ton of resources, and it only takes 1-2 months to really understand the general mechanics of a case interview and start smoothing out the rough edges.

There are books and websites dedicated to “cracking the case”. Top MBA programs have consulting clubs, where they essentially collect case interview examples from the past. Duke even has some cases from the late 1990s. Career management centers typically organize case interview practice sessions where MBA alums go back to campus and run the MBAs through “mock case interviews”. Start with the consulting websites. Consulting firms know that case interviews are tough. They don’t want you to fail, so they actually provide a lot of really good advice on their websites.

The kinds of questions might come up, what things they look for in candidates, and they even provide case examples. This is the best place to start familiarizing yourself with the case interview format and approach. Look at these tips: • • • • • •. MBA consulting clubs. Many of the consulting clubs have put together “case books” with dozens, hundreds of sample case interview questions. These have been collected over the last 10 years, and it gives you a good flavor of they types of questions asked and the types of logical problem solving that you want to demonstrate.

Use these to practice with friends and colleagues. It will warm-up your brain prior to case interviews: • • • • Case interview experts. If that is not enough, there are websites which offer advice on case interviews and provide services for a fee. These are the best two I saw. • • • It’s interview season in September. Most management consulting firms and investment banks start interviewing as soon as school starts in September; they want the pick of the litter (best students). This means that for MBAs looking for full-time consulting offers, it high season to practice case interviews with friends. N my experience, it is good to practice with another person 20-30 times before your real interviews. Case interviews are a different animal, you should treat them accordingly.

Related posts: • • •.