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Problem solving skills

Hello everyone,

I have some problems driving my logic during the quantitative part of the case interview, what I mean its once I get the data, I struggle to derive a procedure to get the answer. I am thinking on start doing word problems on the GRE and GMAT tests. Do you think is this a good strategy?

Thank you very much.

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Top answer
Deleted user
on Oct 20, 2020

I don't think verbal GMAT questions would be a good way of practicing problem solving. I would rather suggest to (a) read business literature like the Economist or the FT to build general business judgement, and (b) you could practice the Integrated Reasoning section of the GMAT, which asks you to make logical conclusions by integrating different data sources.

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Deleted user
on Oct 20, 2020

Hi Floyd,

When it comes to quant, think as follows:

1. % changes 

2. Averages

3. Trends- upward, downward, staying same

4. Correlation between data (positive, negative, neutral)

Start with this, practice more and your skills will improve. Practice easier cases first build confidence and move on to difficult ones.

Adi

8
Ian
Coach
on Oct 21, 2020
Top US BCG / MBB Coach - 5,000 sessions |Tech, Platinion, Big 4 | 9/9 personal interviews passed | 95% candidate success

Hi Floyd,

A few tips

First, practice online tests

Highly recommend you google the Bain SOVA, BCG Online, McKinsey PST, etc. and practice on these!

Second, do exercises

rocketblocks.me is fantastic for chart/graph reading and interpreting data

Third, hire a coach

In order to best resolve this, you need to hire a coach. They will be brutally honest and tell you what you need to work on (and help you improve it).

Finally, here are some related Q&A to help you with your problem-solving skills:

https://www.preplounge.com/en/consulting-forum/how-to-prepare-for-unexpected-questions-6159

https://www.preplounge.com/en/consulting-forum/does-reading-the-economist-and-other-stuff-help-an-inspiring-consultant-in-the-interview-and-in-the-job-6916

https://www.preplounge.com/en/consulting-forum/how-to-develop-business-judgement-properly-1089

https://www.preplounge.com/en/consulting-forum/how-to-prepare-for-unstructured-cases-appearing-in-2nd-round-6125

https://www.preplounge.com/en/consulting-forum/lost-in-the-middle-of-cases-6013

Gaurav
Coach
on Dec 10, 2020
#1 MBB Coach(Placed 1000+ in MBBs & 1250+ in Tier2) | The Only 360° coach(Ex-McKinsey+Certified Coach+Active recruiter)

Hi there!
Honestly, I agree with Henning that it will be better to concentrate more on the business literature to enhance your problem-solving skills.
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GB