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What is expected of undergraduate (and ug non business) candidates in terms of knowledge concerning economics, business concepts, finance concepts/technical knowledge etc?

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Top answer
Egor
Coach
on Sep 12, 2018
Collected McKinsey & BCG offers/ Ex-McKinsey consultant/Harvard/WBS/MSU

Hi A,

At a high-level you should demonstarate 2 things during the interview:

  1. Problem-solving - be able to deep dive into a problem and understand root-cause
  2. Structured communication - be able to explain things easily, result-oriented, matured in terms of physical presence (use hands while talking, eye contact)

Nobody expects specialised knowledge in case you come from non-business related program. You should know the basics: how businesses work and which business model is used in different industries. This will help you a lot during the case interview.

To boost your business accumen you can use the following resources:

  1. Wharton casebook 2010- you can check how all industries work there (airlines,

    retail etc)

  2. Case-in-point – you can check what frameworks exist, try to practice and learn

    them (product launch, M&A etc.) - pages 36-38

  3. Web-sites of consulting companies: BCG, McKinsey and Bain - check them to gain some industry insights and deep dive into specific industry

Those resources would be sufficeient to be well-prepared for your interviews.

Kind regards,

Egor