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Best preparation heading into an MBA

MBA MBB pre-mba
Bearbeitet am 8. Juli 2023
7 Antworten
671 Views
Hass fragte am 3. Juli 2023

I will start my MBA program in Jan 2024. The end goal is getting into MBB. With 6 months to go till then whats the best course of action i can take? Someone mentioned practising case studies is discouraged so early on as you end up picking ‘bad habits’ which get harder to remove down the road. 
What can i do to maximise my shot at landing that interview and ultimately the job. Basically can i work on that recruitment strategy from now? 

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Francesco
Experte
Content Creator
antwortete am 4. Juli 2023
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi Hass,

Q: What can I do to maximise my shot at landing that interview and ultimately the job.

You are relatively early in the process so you don’t necessarily need to start now (for most people a few months of prep are enough).

If you want to start now, I would recommend the following. You have probably already planned for some of them, but it might be worthwhile to review.

  1. Identify the companies interesting to you. I would recommend considering other companies besides MBB as a backup. You can create a DB with all the companies you want to target so that you can look for a referral later for them (see point #7). 
  2. Define a calendar for your preparation. Identify how many hours you have before your expected interview and allocate the time slots for preparation in your calendar, working on the points below. Many candidates need 100+ hours to be ready before a consulting interview starting from zero so you can keep that as a benchmark.
  3. Start reading good MBA Consulting Casebooks – you can find several for free online (INSEAD is a good one to start). Read the cases and try to apply your structure to solve them. Whenever you see there is something missing, upgrade your structure with the new insights. Try to read a new case per day – in this way you will absorb better the information with constant learning.
  4. After the first 5-10 cases in books/casebooks and basic theory, start to practice live. PrepLounge can be helpful to connect with other candidates for that. There is a relevant part of the interview score that is based on your communication, which you cannot practice at all if you read cases only.
  5. Keep track of your mistakes and see which ones you are repeating. This is extremely important, as otherwise you may do a ton of cases without fixing the real issues. If you find common mistakes, try to identify the reason for them (feedback from experienced partners would be particularly useful for this). Be sure to focus on both the behavioral part and the case part during the mocks. The case part should also cover market sizing, math and graph analysis.
  6. Before your application, be sure to review your CV and Cover, so that they are in the required format for a strategy role.
  7. At least 3 weeks before the application deadline, start networking to find referrals. You can find some tips here.
  8. Before the interviews, be sure to prepare your questions for the interviewer  – a great way to show you prepared in advance and to connect with the interviewer for a good final impression. Ideally, try to find out who they are and study their profile to have good questions to ask.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

If you have to take the tests as well, you can find some material to prepare below. Full disclosure – I am the author ;)

▶ BCG Online Case Software Simulation

▶ McKinsey PSG Solve Video Simulation

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

If you want to spend a few hours only instead of 100+ and cover everything mentioned above, I developed a program precisely for that. 

I can also share with you real questions for your target office (I have a DB with 1.500+ questions asked in 60+ offices you won't find anywhere else - you can check on my profile if I cover your particular office).

You can check the program at the following link to learn more:

▶ GYM Program

If you have any questions please feel free to PM me.

Best,

Francesco

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Ian
Experte
Content Creator
antwortete am 3. Juli 2023
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi Hass,

I wouldn't say practicing case studies is bad. It just has to be done right.

It's like saying “I'm not going to go to the gym and do squats because I don't want bad form”.

Well, get good form and go to the gym!

I recommend getting a coach to help you get a tailored prep plan.

Remember that the specifics are different for everyong, but, in general you should have a cadence of:

  1. Casing (with others! Not just reading)
  2. Fast math
  3. Charts/exhibits
  4. Industry/businessknowledge
  5. Math formulas
  6. Daily reading
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Hass am 3. Juli 2023

Does it make more sense to get started on my own and then a few months in book coaching? Or is it more sensible to start off with coaching from the get go and then work on my own. As you'd imagine i am about to accrue a significant student loan for the MBA so would like to sensibly budget for things.

Ian am 3. Juli 2023

Honestly I really do see immense value in starting coaching earlier. Even just 2-3 sessions. This is critical to make sure you’re learning the right things in the right way. You save a TON of time and headache as a result

Andi
Experte
antwortete am 4. Juli 2023
BCG 1st & Final Round interviewer | Personalized prep with >95% success rate | 7yrs coaching | #1 for Experienced Hires

Hi Hass,

Great question - adding on a few points to what Francesco and Ian said.. 

  • Focus on foundations in early days - It's quite early, but if you have some time at hand you can gradually get started with foundation work - readings, structuring fundamentals, mental maths, exhibits, sizings and general biz & industry readings - all of these are no regrets moves and have transferable benefit. 
  • Practice peer casing (on slow burn) - Besides, the most painful part of the case prep are the initial 1-2 weeks, so you can get that off the plat before your hectic MBA schedule takes over. Get started with some peer-casing to “break in” your casing skills - it will pay great dividends, once your prep ramps up properly
  • Get early support - in terms of picking up “bad habits” - yes, this is a fair concern. Yet, the same can happen if you start during your MBA and then you will have less time to iron them out. What usually works well is to involve a coach early in the process for a bit to help you set the foundations - this can minimize the risk and set the right direction from the start 

Feel free to reach out via DM, if you'd like to have a quick chat about the most suitable prep approach in your situation.

Hope this helps.

Regards, Andi

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Cristian
Experte
Content Creator
antwortete am 6. Juli 2023
#1 rated MBB & McKinsey Coach

Hi there, 

This is an amazing question and it's great that you're thinking about this in advance. 

You should basically focus on two things:

1. Developing an application strategy early on. In short, that means identifying the target firms, the timeline when you should apply, in what order, developing an amazing CV and cover letter, as well as securing referrals. You can leverage the following articles for more detailed instructions on how to do this:

2. Work on building the skills that consulting firms are looking for. Your MBA program should provide lots of opportunities for this, either through live cases or workshops. What you should have in mind always is not the preparation for the interviews, but the preparation for the job (and then the interview will take care of itself because you will already have the skills they're testing for). Sharing with you a couple more articles to give you a view into the consulting life, the skills that are needed and what it takes to perform well. 

Best,
Cristian

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Agrim
Experte
Content Creator
antwortete am 6. Juli 2023
BCG Dubai Project Leader | Learn to think like a Consultant | Free personalised prep plan | 6+ years in Consulting

If you really want to prepare for consulting interviews, 6-months before your MBA then the following items can be your best bet:

  • Read business/finance news every day for 30-60 minutes. Even read the opinion articles and the analysis sections since they will give you an insight on the various ways in which business/finance people look at a business from high-above.
  • Develop your basic interview skills - explaining in a top-down pyramid approach, working on your facial expressions & body language, etc.
  • Do the groundwork for an effective CV. Write down essays for each work experience and project you have done. These essays will be instrumental in giving you the best bullet points for a CV. Recalling your experience at the last moment will not lead to the best possible points coming out
  • Do the groundwork for your own personality and how you present it in your FIT/PEI section. This will help you develop a clear “personal strategy” as you head into recruiting season.

Note that all the above points are perfectly valid no matter you target consulting or any other career.

Alternatively, you could use the next few months in doing something different and adding extra credentials to your profile, and adding new stories to your life.

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Sophia
Experte
antwortete am 7. Juli 2023
Top-Ranked Coach on PrepLounge for 3 years| 6+ years of coaching

Hello,

It's great that you have started thinking about this so early! Given that you have quite a bit of time before your MBA (and more time yet until you begin applying), I would use this time to get a good lay of the land of what consulting recruiting looks like:

  • Research the companies and offices you are interested in. What practices do they have? What industries are they known to work for? Etc.
  • Network! If your school is not a target school, getting a referral via networking will be the best thing you can do to maximize your chances of getting an interview. Even if your school is a target school, networking is helpful for demonstrating your interest and getting to know people who can help guide you through the recruiting process and potentially through your early career. Reach out to people, set up coffee chats, go to events, and so on
  • Get a sense of what case interviews look like. I usually recommend starting by doing some reading on case interviews to get a sense of how they work, what some standard frameworks are, etc. You could take a look at some of the guides here on PrepLounge, skim through classic books like Case Interview Secrets or Case In Point, or look at consulting firm websites, which usually have some guides or video examples of case interviews.
  • Polish your resume and cover letter to save yourself time later. You could book a resume review to get an expert's perspective on it too.

And then, yes, you can go into live case practice if you wish. I personally think that practicing cases for 6+ months bears little additional return (most candidates who dedicate a substantial amount of time for case prep get there in 2-3 months), but if you practice well there's no harm in doing so either - just opportunity cost of time.

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Pedro
Experte
bearbeitete eine Antwort am 8. Juli 2023
30% off in April 2024 | Bain | EY-Parthenon | Roland Berger | Market Sizing | DARDEN MBA

MBA is very intense. 

MBA + Recruiting + Preparing Case interviews… increadibly hard.

Will you pick bad habits? Well, not from preparing early. Maybe from preparing the wrong way. From preparing early… not at all.

Usually it is the opposite: candidates that don't have much time to prepare so they take “shortcuts” such as memorizing frameworks. They fail.

Preparing early is definitely the way to go. If I went back, that's definitely what I would have done.

__________________________________________________________

 

What you miss from doing it before is that MBAs usually provide relevant training, access to peers that are preparing cases, learning materials, etc.

My advice here is to just take a few weeks to do an overview of what cases are about, try to do a few by yourself, and then book a coaching session early on (make sure you reach out to the coach first: you want to make sure it is a coaching session and not a “case interview simulation”, as that is not what you need at this point).

By doing this, you will use the coach to replace all the materials you'd get at the MBA. To be very frank with you, some coaches here can provide you with better value for your preparation that what you can get there anyway, so it is always the smart thing to do.

(editiert)

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Francesco

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