Werde aktiv in unserer Community aus über 451.000 Gleichgesinnten!

Verabrede dich zum Casen über das Meeting-Board, nimm an Diskussionen in unserem Consulting Q&A teil und finde gleichgesinnte Case-Partner, um dich auszutauschen und gemeinsam zu üben!

Would it be recommended for us to learn the calculations from this article ?

balance sheet
Neue Antwort am 3. Apr. 2021
6 Antworten
1,8 T. Views
Lauriane fragte am 2. Feb. 2021

I'm currently applying for end-of-study internships and have an interview soon with Strategy&. I have no idea if this is the kind of knowledge that can be asked from me

Übersicht der Antworten

Upvotes
  • Upvotes
  • Datum aufsteigend
  • Datum absteigend
Beste Antwort
Ian
Experte
Content Creator
bearbeitete eine Antwort am 2. Feb. 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi Lauraine!

Yes and no...let me explain :)

This is all about tradeoffs. So, you want to learn as much as possible, but we all also only have limited time (and brainpower!).

So, of that list, here's what I view to be priority to learn (concepts as well as formulas, where applicable):

Tier 1

Breakeven

Cost-benefit

NPV

Fixed Variable Costs

CAGR

Benchmarking

Supply and Demand

Tier 2

Balance sheet (be able to read a basic one)

Income statement (be able to read a basic one)

Cash flow statement (be able to read a basic one)

SWOT analysis

Tier 3

The rest

Of course, this is not the full list. Feel free to PM me and I can help you make sure you have all the checkboxes covered!

(editiert)

War diese Antwort hilfreich?
Gaurav
Experte
Content Creator
antwortete am 2. Feb. 2021
#1 MBB Coach(Placed 750+ in MBBs & 1250+ in Tier2)| The Only 360 coach(Ex-McKinsey + Certified Coach + Active recruiter)

Hi Lauriane,

anything that can help you solving the case is worth taking a look at and eventually learning / knowing how to apply.

It makes more sense to concentrate on practicing the cases than on learning the calculations by heart.

Feel free to reach out for any further questions.

Cheers,
GB

War diese Antwort hilfreich?
Anonym antwortete am 2. Feb. 2021

Other coaches might disagree, but I don't recommend to do so. If you're a business major, you should know some of these (and even then not all).

If you're not a business major, you should aim at building a basic level of finacnce and accounting knowledge. Understanding the basic terms of the P&L and Balance sheet is sufficient to pass a case interview. But you don't need to know how to calculate a Cash Ratio or a Quick Ratio.

The much more important skill is to be able to deliver cases effectively (so the practical side of the interviewing).

War diese Antwort hilfreich?
14
Ken
Experte
antwortete am 2. Feb. 2021
Ex-McKinsey final round interviewer | Executive Coach

I agree with Henning and would say it's particularly so in your case. Needless to say, Strategy& is the strategy consulting arm of PwC not audit or corporate finance.

Strategy consulting in reality, with a few small exceptions (e.g., working capital in restructuring), is largely about the P&L of a company and so I wouldn't worry about learning calculations related to a balance sheet or cashflow. Top consultancies like Strategy& will also avoid asking technical business and financial questions as it would create a bias towards business management or accoutning & finance students who have prior knowledge from the degree courses.

Good luck!

War diese Antwort hilfreich?
Clara
Experte
Content Creator
antwortete am 3. Feb. 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

Yes and no.

There are for sure mathemarical concepts that you should know:

  • Break even exercises
  • NPV in particular years and perpetuity
  • etc.

Knowledge in financial statements is not something you must know -I am an architect and had zero idea about this-, but it does not harm either.

Hope it helps!

Cheers,

Clara

War diese Antwort hilfreich?
Anonym A antwortete am 3. Apr. 2021

Hello can i ask you what question did you get during the case interview?

War diese Antwort hilfreich?
0

Ian

Content Creator
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
1.096
Meetings
77.491
Q&A Upvotes
232
Awards
5,0
151 Bewertungen