Hi there,

I personally love MConsultingPrep's simulation - it lets you literally play the same over and over.

My main advice is:

1. Learn how to case. Period (business knowledge/acumen, problem solving, charts/exhibits, etc.)
2. Apply these learnings to the test itself.

It sounds like you want some sort of magic bullet here…frankly you just need to put in the work. You spent 3 hours to get 15/26. So, spend another 3 to get 18/26. And so on.

Such is life! If you're still struggling:

1. Make sure you are digesting every single answer + explanation 1 by 1
2. Consider getting a coach to help you through the thinking

Hello,

My advice on this is that practice makes perfect - so solving a bunch of practice tests (+ in exam conditions) is exactly the way to go! I've also heard good things from other candidates about coach Francesco's practice materials for these tests - I'd recommend reaching out to him too.

Don't worry about your background and initial result - these online tests are highly idiosyncratic and very few people are naturally good at them from the get-go, it definitely takes some time to adapt to the test format and question logic. Nothing about your background suggests you wouldn't have great problem-solving skills!

Hi there,

Q: Can you suggest ways to train problem-solving skills for PSG quickly? I plan to buy the McK Imbellus Combo guide; but other than that, what are your suggestions on how to train those skills in problem-solving ASAP.

Thanks for considering my course!

Regarding extra practice material: there are quite a few that are present in the course for free, including practice questions for the new Redrock case section (as shown in the guide, the drills in that part are closer to the PST but not exactly the same).

If you need more help please feel free to PM me, I will reply within 12 hours.

Best,

Francesco

Hello!

Precisely for the high amount of questions (1) asked by my coachees and students and (2) present in this Q&A, I created the “Economic and Financial concepts for MBB interviews”, recently published in PrepLounge’s shop (https://www.preplounge.com/en/shop/prep-guide/economic_and_financial_concepts_for_mbb_interviews).

After +5 years of candidate coaching and university teaching, and after having seen hundreds of cases, I realized that the economic-related knowledge needed to master case interviews is not much, and not complex. However, you need to know where to focus! Hence, I created the guide that I wish I could have had, summarizing the most important economic and financial concepts needed to solve consulting cases, combining key concepts theorical reviews and a hands-on methodology with examples and ad-hoc practice cases.

It focuses on 4 core topics, divided in chapters (each of them ranked in scale of importance, to help you maximize your time in short preparations):

·        Economic concepts: Profitability equation, Break even, Valuation methods (economic, market and asset), Payback period, NPV and IRR, + 3 practice cases to put it all together in a practical way.

·        Financial concepts: Balance sheet, Income statement/P&L and Performance ratios (based on sales and based on investment), +1 practice case

·        Market structure & pricing: Market types, Perfect competition markets (demand and supply), Willingness to pay, Pricing approaches, Market segmentation and Price elasticity of demand, +1 practice case

·        Marketing and Customer Acquisition: Sales funnel, Key marketing metrics (CAC and CLV) and Churn, +1 practice case

Feel free to PM me for disccount codes for the guide, and I hope it helps you rock your interviews!