Deutsche Bank Management Consulting

DBMC is a strong internal consulting group, and securing a spot in Frankfurt is highly competitive. The key strategic difference you need to internalize is that recruiting for an internal consulting center (ICC) like Deutsche Bank Management Consulting differs slightly from the external MBB process.

You should prepare for cases that lean heavily toward operational improvement and implementation within a regulated financial structure. You will not typically get a classic external strategy case like "Should Company X acquire Company Y?" Instead, expect realistic internal challenges: optimizing branch network efficiency, managing restructuring costs, streamlining complex internal reporting processes, or implementing new regulatory requirements (BaFin, ECB directives). The difficulty level is high—they are benchmarking against MBB standards—but the focus shifts from abstract strategy to structured, process-oriented problem-solving within the constraints of a major global bank.

Your preparation, therefore, needs a strong pivot. While the general structure (issue trees, frameworks) remains crucial, dedicate significant time to understanding DB’s core business lines and pain points. Ensure your behavioral stories demonstrate deep familiarity with the financial services landscape, risk, and compliance. They need to see that you can not only solve the problem but also navigate the internal politics and regulatory hurdles unique to banking.

All the best with the interviews!

For your interview, you'll need to understand:

1. DB's business, their organization and current strategy
2. Role of an internal consulting team (demonstrate an understanding of the bank and of its challenges)
3. Case studies focused on high level operational issues instead of usual strategy (i.e., less of market entry, new product, growth, profitability)

Real examples of questions you may be asked:

• What is the global strategy of DB?
• Why DB in the current market context?
• What would you do differently if you were the CEO?
• What are the most pressing issues for the bank?
• Case study on an online product for private banking
• How would you cut costs in our asset management division? What factors would you consider?

Hope this helps in your preparation. Best of luck!

Not directly, but I would recommend you do 2 things

1. Reach out to the recruiter to understand exactly the format of the interview, what sort of questions they ask, what sort of cases they provided. Confirm whether the cases are all from within banking. The more you manage to find out at this point, the easier the prep will be because you can be more targeted

2. Reach out to recent hires (<1.5y tenure) in DBMC to find out how they went about their prep. This can provide you with a blueprint. 

Feel free to reach out if you have any specific questions I can help out with.

Best,
Cristian