New on PrepLounge: Two new expert guides

Question

Dear Community,

we are thrilled to introduce you to the latest products on PrepLounge:

The Economic and Financial concepts for MBB interviews by our awesome expert Clara.

You can use this guide to master the must-know economic, financial, markets and pricing concepts for consulting interviews. In addition, you will be able to complement your prep with 6 detailed case interviews.

Best-in-Class PEI Stories by our fantastic expert Frederic.

With this guide you can uncover secrets to crafting distinctive PEI stories. You will learn how to impress with a storyline rather than standard STAR framework for PEI.

If you have any questions, feel free to reach out to the coaches directly!

Your PrepLounge team 💚💙

Answer 1

Hi all!

Truly truly excited to introduce the “Economic and Financial concepts for MBB interviews” in PrepLounge! After +5 years of candidate coaching and university teaching, and after having seen hundreds of cases, I realized that the economic-related knowledge needed to master case interviews is not much, and not complex. However, you need to know where to focus! Hence, I created the guide that I wish I could have had, summarizing the most important economic and financial concepts needed to solve consulting cases, combining key concepts theoretical reviews and a hands-on methodology with examples and ad-hoc practice cases.

It focuses on 4 core topics, divided in chapters (each of them ranked in scale of importance, to help you maximize your time in short preparations):

Economic concepts: Profitability equation, Break even, Valuation methods (economic, market and asset), Payback period, NPV and IRR, + 3 practice cases to put it all together in a practical way.
Financial concepts: Balance sheet, Income statement/P&L and Performance ratios (based on sales and based on investment), +1 practice case
Market structure & pricing: Market types, Perfect competition markets (demand and supply), Willingness to pay, Pricing approaches, Market segmentation and Price elasticity of demand, +1 practice case
Marketing and Customer Acquisition: Sales funnel, Key marketing metrics (CAC and CLV) and Churn, +1 practice case

Feel free to PM me for discount codes for the guide, and I hope it helps you rock your interviews!