Consulting Q&A - Stelle Fragen rund um Deine Karriere in unserem Consulting-Forum

Hello there,

Typically, there's a different focus with regards to evaluation between the first and final rounds.

The first round, referring to interviews with manager level, prioritize assesment of technical skills. Hence, more portion of the interview duration is dedicated for case interview.

The final round, referring to interview with partner level, emphasize more on fit evaluation (cultural, personality, work ethics, etc). PEI questions would often take precendence over case discussions on the sessions. Partners aim to see if the prospective candidate's profile is aligned with the future direction of the firm and if they would be comfortable putting the candidate in front of their clients.

Generally, if there is any significant concern over the technical skillset and performance displayed on the first round, the candidate will either be selected out of the pipeline naturally, or if their performance is within the borderline, the partners will try to test it further during the final round.
Consistency is the key.

In summary, the offer decision weights more heavily among the partners on the final round.
If a candidate manage to pass the first round, that means they can safely say they have checked the box on these phases, even with a borderline performance.

What will determine offer extension is whether they manage to perform well during the final rounds, when the partners try to probe further on the borderline performance concerns flagged by the managers as well as excelling on the PEI sections.

Hope it helps.

Kind regards,
Nathan

Hi,
the application screening takes on average 1 month in this period of the year. If in a hurry, I recommend to follow up HR via email or call: they are there to help you.

Best,
Antonello

Hi,

It's easier to:

1. Segment New York into blocks using the number of streets and avenues.
2. Calculate separately the area of the parks
3. Assume a certain number of trees per block and separately for the parks
4. Multiply and sum up

Best

Hi,

One approach is highlighted below :

Few things to remember when sizing this market

1. It is important to divide umbrella purchases into planned vs impulse buys given the nature of the market
2. For planned purchases - you can take a household approach using standard assumptions and anything from less than to a little over 1 umbrella per member is reasonable
   1. One thing to note here is there are also non-household purchases (hotels, offices etc.). So scale up your household assumption by a reasonable number like10- 25% to account for these (depending on your assumptions)
   2. Replacement rate also matters but I think would be extremely small for non impulse umbrellas (I cant remember the last time I checked an umbrella without going in the rain!)
3. For impulse buys I think the following are the key markets
   1. Domestic buyers caught in the rain
      1. Look at number of rainy days in a year in Italy
      2. Make assumption on number of people there that would need to buy umbrellas because they are outside in the rain and got caught or umbrella didn't work (should be a very small % for each day)
      3. Add up the numbers for all the days
   2. Tourists
      1. Estimate total tourists (maybe by season so you can focus on rainy season if relevant)
      2. Estimate % that would need umbrellas on each rainy day(fair to say a high number of tourists like 50% or so don’t have space to or don’t remember to bring umbrellas on their trips). This number should be quite a bit higher than domestic number because tourists are looking to do things outside all the time.
      3. Add the numbers up
4. Also remember competition from things like ponchos - which should reduce all your numbers (make an assumption on poncho vs umbrella sales depending on factors like price and intensity of rainfall)
5. Accounting for all of the above get rough market size for annual umbrella sales in Italy

While it is not unheard of, I also think it is not the most effective way to enter MBB. Lateral hires are usually those who have been in the industry for a while and can bring their expertise in a relevant field to the firm. Lateral hires as BAs are candidates who under normal circumstances would have gotten into MBB (Target school, high GPA, impressive extra curriculars) but chose to pursue a different but equally prestigious path instead (startup founder/early employee, Investment Banking).

An alternative route might be to work in an industry of your choice in a role where you can build significant expertise for which there is a high demand in the industry. That can be leveraged to join MBB. You do not need an MBA to do this