expert
Experte mit der besten Antwort

Francesco

100% Empfehlungsrate

2.861 Meetings

5.704 Q&A Upvotes

349 USD / Coaching

1

Oliver Wyman Financial Services

Hi community,

I am preparing for the entry level consultant role in Oliver Wyman Financial Services and I have couple of quetions:

  • I don't have a Finance or Economics major and I don't have any work experience in the financial services industry. Would that be a problem? Do they expect you to know the industry well?
  • I have recently interviewed with Bain, should I expect similar case questions in OW FS? Or are the cases mainly focused on Financial Services?
  • Finally, how should I prepare for it? Do I have to do anything different than MBB preparation? (focusing on FS cases or taking some online courses about the industry etc.)

Your answers will be really helpful.

Many Thanks!

Hi community,

I am preparing for the entry level consultant role in Oliver Wyman Financial Services and I have couple of quetions:

  • I don't have a Finance or Economics major and I don't have any work experience in the financial services industry. Would that be a problem? Do they expect you to know the industry well?
  • I have recently interviewed with Bain, should I expect similar case questions in OW FS? Or are the cases mainly focused on Financial Services?
  • Finally, how should I prepare for it? Do I have to do anything different than MBB preparation? (focusing on FS cases or taking some online courses about the industry etc.)

Your answers will be really helpful.

Many Thanks!

1 Antwort

  • Upvotes
  • Datum aufsteigend
  • Datum absteigend
Beste Antwort
Coaching mit Francesco vereinbaren

100% Empfehlungsrate

2.861 Meetings

5.704 Q&A Upvotes

349 USD / Coaching

Hi Anonymous,

I replied below to your questions:

  1. So far that you have been invited, the case performance is the only thing that matters; this means that if you practice cases on the banking and insurance industries (likely to be present in the interviews) and develop a basic knowledge related to them you should be fine even if you don’t have an Economics/Finance background
  2. You will likely get financial sector cases but not necessarily that only. I interviewed with OW FS and I got questions related to banking, insurance and market sizing, however I helped several other candidates for OW FS and they also got questions related to other sectors. For more information please feel free to PM, I have 15+ case questions they recently asked
  3. Standard preparation similar to the one for MBB with a bit more focus on financial sector cases should be fine

Best,

Francesco

Hi Anonymous,

I replied below to your questions:

  1. So far that you have been invited, the case performance is the only thing that matters; this means that if you practice cases on the banking and insurance industries (likely to be present in the interviews) and develop a basic knowledge related to them you should be fine even if you don’t have an Economics/Finance background
  2. You will likely get financial sector cases but not necessarily that only. I interviewed with OW FS and I got questions related to banking, insurance and market sizing, however I helped several other candidates for OW FS and they also got questions related to other sectors. For more information please feel free to PM, I have 15+ case questions they recently asked
  3. Standard preparation similar to the one for MBB with a bit more focus on financial sector cases should be fine

Best,

Francesco

Verwandte BootCamp-Artikel

Which companies are currently using written tests ?

All major firms like McKinsey, BCG and Bain use tests to assess a candidate's analytical skills. However the design of those tests can differ a lot.

Verwandte Cases

Oliver Wyman case: Full Electrons Ahead

79,6 Tsd. mal gelöst
Oliver Wyman case: Full Electrons Ahead Your client, large automotive OEM WyCar, has developed its first fully electric vehicle (EV) and introduced it as a pilot on the Austrian market last year. However, sales have been far below the expected numbers. The management has engaged you to support them in understanding the reasons and advise them on how to adjust the product offering.
4.6 5 5650
| Bewertung: (4.6 / 5.0)

Your client, large automotive OEM WyCar, has developed its first fully electric vehicle (EV) and introduced it as a pilot on the Austrian market last year. However, sales have been far below the expected numbers. The management has engaged you to support them in understanding the reasons and advise ... Ganzen Case öffnen

Oliver Wyman Case: Einrichtung eines Weinkellers

46,3 Tsd. mal gelöst
Oliver Wyman Case: Einrichtung eines Weinkellers Ich denke darüber nach, in meinem Keller einen Weinkeller ein-zurichten. So wie ich das sehe, würde man die Regalfläche in zwei Bereiche aufteilen: (1) einen "Trink"-Bereich, in dem ich Flaschen für den Eigenverbrauch lagere, und (2) einen "Investitions"-Bereich, in dem ich Flaschen lagere, die ich mit Gewinn verkaufen möchte, nachdem sie in einigen Jahren an Wert gewonnen haben. Meine Idee ist es, mit dem "Investitions"-Bereich des Kellers genug Geld zu verdienen, um das, was ich im "Trink"-Bereich verbrauche, mit der Zeit zu finanzieren. Natürlich bin ich durch mehrere Dinge ein-geschränkt: die Menge an Geld, die ich ausgeben kann, die Menge an Wein, die ich trinken kann (oder will), den verfügbaren Platz im Keller und so weiter.
4.3 5 3426
| Bewertung: (4.3 / 5.0)

Ich denke darüber nach, in meinem Keller einen Weinkeller ein-zurichten. So wie ich das sehe, würde man die Regalfläche in zwei Bereiche aufteilen: (1) einen "Trink"-Bereich, in dem ich Flaschen für den Eigenverbrauch lagere, und (2) einen "Investitions"-Bereich, in dem ich Flaschen lagere, die ich ... Ganzen Case öffnen

Oliver Wyman case: On the Right Track

40,5 Tsd. mal gelöst
Oliver Wyman case: On the Right Track TrainCo is a manufacturer of rolling stock, or trains, with production sites in three European countries. The company has seen declining profitability over the past years; however, they are currently in a very good position to bid for and win a big contract for regional trains for a Swiss national rail company. They have asked you advise to them on whether they should place a bid for the contract.
4.6 5 4310
| Bewertung: (4.6 / 5.0)

TrainCo is a manufacturer of rolling stock, or trains, with production sites in three European countries. The company has seen declining profitability over the past years; however, they are currently in a very good position to bid for and win a big contract for regional trains for a Swiss national r ... Ganzen Case öffnen

MBB Final Round Case - Smart Education

1,6 Tsd. mal gelöst
MBB Final Round Case - Smart Education Your client is SmartBridge, a nonprofit educational institution offering face-to-face tutoring services. The client operates in the US. The mission of SmartBridge is to help as many students as possible to complete studies and prevent that they drop from the school system, in particular in disadvantaged areas. The client is considering starting operations for its services in the Chicago area. They hired us to understand if that makes sense. Due to the nonprofit regulation, SmartBridge should operate on its own in the market, without any partnership. How would you help our client?
4.7 5 57
| Bewertung: (4.7 / 5.0)

Your client is SmartBridge, a nonprofit educational institution offering face-to-face tutoring services. The client operates in the US. The mission of SmartBridge is to help as many students as possible to complete studies and prevent that they drop from the school system, in particular in disadvan ... Ganzen Case öffnen