LEK Final Round Business Logic Interview

Question

Hello PrepLounge community and coaches,

I am a final year undergrad interviewing for an Associate (entry-level) position at LEK Consulting in the United States. The first round contained a quant and strategy case. In addition to those two types, the final round is stated to have a third "business logic" interview.

Has anyone experienced this business logic interview? What should I expect? Is it more like a traditional case or a blend between case and behavioral? Should it be treated more formally or informally? Thank you.

Answer 1

That's rather strange. Definitely not part of the typical process with most firms.

But that's absolutely fine.

Regardless of what you're being told to expect, always follow-up with HR and try to get more details on the format of the interview. They won't tell you the exact questions you'll get - for obvious reasons - but they should be able to say whether the cases will only be focused on one industry or general, whether the case is interviewer-led or candidate-led and so on.

The better you know these things up front, the better you can prepare.

Best,
Cristian

———————————————

Practicing for interviews? Check out my latest case based on a first-round MBB interview >>> SoyTechnologies

Answer 2

Hey, there!

Although I have not experienced any interview with such name, let me share my two cents.

Final rounds are typically applied by partners, with probably lots of years of experience under their belts.

Given that, they are the kind of consultants that are able to naturally discuss a business problem, being structured, insightful and straight to the point at the same time, while having a cup of coffee with a client. It is their ROUTINE. They are not going to ask for 30 seconds and a piece of paper. They won't have "time to think", during a quick chat during lunch or in the elevator.

So whatever they name this final round interviews, keep this in mind regarding final rounds:

* They usually require more of your business sense than your quantitative "fire power"

* There is reasonable chance that the case will be more like a conversation (versus the traditional on paper case)

* If that is the case, remember that although the interview might seem informal, you are still being tested at the same level (or higher) as if it weren't. So, ALWAYS be structured while brainstorming / discussing / wrapping up a case, even when someone says "just say what is on your mind"

* Act naturally and don't be "robotic". After all, this is indeed a conversation

I hope this helps =]

Stay safe

Answer 3

Hi there,

For this you should expect much more "qualitative" information. So, instead of charts, graphs, exhibits, you're going to be just talking/discussing.

This doesn't mean there won't be takeaways or conclusions to draw, but they won't be testing your quant/math/analysis skills.

Think of it as much more mini-brainstorms throughout the case. It may almost feel like a "shooting the s%#!" type of conversation. Throughout, you need to stay structured, hypothesis driven, and show your ability to make sound conclusions + business judgement.

Happy to take you through some scenarios in a coaching session!

Answer 4

Hello!

Congrats for moving to final round!

As it has been outlined, its very similar, but :

Cases you can expect are more "free riding" - less organized than the ones your found in the 1st round or most prep pages
Stronger emphasis in the FIT part, as outlined before by other coaches.

If you are interested in deepening your knowledge and preparation on the FIT part, the "Integrated FIT guide for MBB" has been recently published in PrepLounge´s shop (https://www.preplounge.com/en/shop/tests-2/integrated-fit-guide-for-mbb-34)

It provides an end-to-end preparation for all three MBB interviews, tackling each firms particularities and combining key concepts review and a hands-on methodology. Following the book, the candidate will prepare his/her stories by practicing with over 50 real questions and leveraging special frameworks and worksheets that guide step-by-step, developed by the author and her experience as a Master in Management professor and coach. Finally, as further guidance, the guide encompasses over 20 examples from real candidates.

Furthermore, you can find 3 free cases in the PrepL case regarding FIT preparation:

- Intro and CV questions > https://www.preplounge.com/en/management-consulting-cases/fit-interview/intermediate/introduction-and-cv-questions-fit-interview-preparation-200

- Motivational questions > https://www.preplounge.com/en/management-consulting-cases/fit-interview/intermediate/motivational-questions-fit-interview-preparation-201

- Behavioural questions (ENTREPRENEURIAL DRIVE) >https://www.preplounge.com/en/management-consulting-cases/fit-interview/intermediate/behavioral-questions-entrepreneurial-drive-fit-interview-preparation-211

Feel free to PM me for disccount codes for the Integrated FIT Guide, since we still have some left from the launch!