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External Consultancies 2024 | Wait or sign?

consulting External Consulting
Neueste Antwort am 30. Apr. 2024
Die beste Antwort (am 20. März 2024) ist von:
Niklas
Experte
McKinsey Jr. Engagement Manager | Interviewer at McK| Coached numerous candidates to secure MBB offers | University of Oxford
Niklas
Experte
gab die beste Antwort am 20. März 2024
McKinsey Jr. Engagement Manager | Interviewer at McK| Coached numerous candidates to secure MBB offers | University of Oxford
Congrats on getting offers! :) I would do the move as this improves your chances of getting an offer from MBB in the future. 
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McKinsey Solve Game

McKinsey recruitment
Neueste Antwort am 30. Apr. 2024
Die beste Antwort (am 21. März 2024) ist von:
Francesco
Experte
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Francesco
Experte
gab die beste Antwort am 21. März 2024
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Hi there, Q: If I receive an invitation to complete the Solve game, does that imply that I have already passed the CV screening stage, or is the Solve game part of the CV screening stage itself? Depending on the country ... (ganze Antwort lesen)
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Mckinsey framework structuring question

McKinsey
Neueste Antwort am 30. Apr. 2024
Die beste Antwort (am 28. Apr. 2024) ist von:
Gero
Experte
Ex-BCG │200+ Interviews & Interview Coachings @ BCG │ 20+ candidates coached into MBB │WHU/LSE/Nova │ Teacher & Trainer
Gero
Experte
gab die beste Antwort am 28. Apr. 2024
Ex-BCG │200+ Interviews & Interview Coachings @ BCG │ 20+ candidates coached into MBB │WHU/LSE/Nova │ Teacher & Trainer
Hi there, Accurate observation! A McKinsey interview is interviewer-led, meaning you get a sequence of questions you answer separately. That means the interviewer effectively determines which areas you investigate furth ... (ganze Antwort lesen)
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I have an engineering background, and I know nothing about business. Do I just trust the process on Preploung or I need to do something extra ?

preparation
Neueste Antwort am 30. Apr. 2024
Die beste Antwort (am 30. Apr. 2024) ist von:
Tiago
Experte
ex-BCG Consultant & Interviewer | +150 interviews | Tackle any case w/o memorizing frameworks | Harvard MBA
Tiago
Experte
gab die beste Antwort am 30. Apr. 2024
ex-BCG Consultant & Interviewer | +150 interviews | Tackle any case w/o memorizing frameworks | Harvard MBA
Hi Abdulrahman, Coming from an Engineering background myself, I feel your pain. Although PrepLounge is a great platform to leverage, you will need to complement it with other tools at your disposal. Let me try to help y ... (ganze Antwort lesen)
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Relocation bonus negotiations - advice

bonus negotiation relocation
Neueste Antwort am 30. Apr. 2024
Die beste Antwort (am 25. Apr. 2024) ist von:
Hagen
Experte
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hagen
Experte
gab die beste Antwort am 25. Apr. 2024
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hi there, First of all, I am sorry to hear about your negative experience with the relocation bonus! I would be happy to share my thoughts on your situation: First of all, I would advise you to reconsider reaching out d ... (ganze Antwort lesen)
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Math formulae

Consutingmath
Neueste Antwort am 30. Apr. 2024
Die beste Antwort (am 22. Mai 2021) ist von:
Ian
Experte
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Experte
gab die beste Antwort am 22. Mai 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, 100% Recommend Rocket Blocks. Online "Drills": Preplounge has some Math sheets (print these and do them on paper): Google "Math Drills" In addition to that, you can ask other PrepLoungers to case yo ... (ganze Antwort lesen)
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Quantify/Calculate Synergies - Formulae

Synergies
Neueste Antwort am 30. Apr. 2024
Die beste Antwort (am 2. Okt. 2021) ist von:
Pedro
Experte
Bain | Roland Berger | EY-Parthenon | Mentoring Approach | 30% off first 10 sessions in May| Market Sizing | DARDEN MBA
Pedro
Experte
gab die beste Antwort am 2. Okt. 2021
Bain | Roland Berger | EY-Parthenon | Mentoring Approach | 30% off first 10 sessions in May| Market Sizing | DARDEN MBA
It's difficult to give a complete answer to this, so let me mention a few relevant points and maybe other coaches can complete the answer: At a high level you compare the Merged company profitability with the “As is” co ... (ganze Antwort lesen)
4
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852
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Can someone explain why this is the formula for the number of smart-meters?

Smart Meters
Neueste Antwort am 30. Apr. 2024
Die beste Antwort (am 22. März 2021) ist von:
Clara
Experte
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
Clara
Experte
gab die beste Antwort am 22. März 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
Hello! Not sure that I understand what you don´t understand, could you rephrase? My understanding is that: Households property in Hamburg * Smart Meters per householdsproperty + + Commercial property ... (ganze Antwort lesen)
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Area formulae MBB

MBB
Neueste Antwort am 30. Apr. 2024
Anonym B gab die beste Antwort am 24. Juli 2021
Unlikley but its pretty basic... you would question the CV as you would have covered them in middle and/or high school...
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Converting an internship application into a full time application - McKinsey Europe

Application associate internship McKinsey
Neueste Antwort am 30. Apr. 2024
Die beste Antwort (am 24. Apr. 2024) ist von:
Francesco
Experte
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Francesco
Experte
gab die beste Antwort am 24. Apr. 2024
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Hi Mary, Q: I also have more than 2 years of full-time experience. Is it possible to convert my application into a Junior Associate role or even an Associate role? With 2 years of experience, you should still match the ... (ganze Antwort lesen)
5
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Basic Tips and Formulas for Financial Question

financial analysis M&A Case Net Present Value
Neueste Antwort am 30. Apr. 2024
Die beste Antwort (am 30. Apr. 2024) ist von:
Cristian
Experte
#1 rated MBB & McKinsey Coach
Cristian
Experte
gab die beste Antwort am 30. Apr. 2024
#1 rated MBB & McKinsey Coach
Yes.  For you and anyone else who is preparing for case interviews, I’ve put together this material that covers virtually all the formulas you need: Cheatsheet: The Must-Know Consulting Terms for Interviews Best, Cristi ... (ganze Antwort lesen)
8
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1,5 T.
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7
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Common math formulas

math quantitative
Neueste Antwort am 30. Apr. 2024
Die beste Antwort (am 10. Mai 2021) ist von:
Ian
Experte
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Experte
gab die beste Antwort am 10. Mai 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, Some key formulas/concepts: Breakeven NPV (with + without growth, perpituity + 1-2 years from now) % Change ROI Margin Markup Inventory turnover Some other helpful Q&As: https://www. ... (ganze Antwort lesen)
5
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1,5 T.
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Formula for growth

case math
Neueste Antwort am 30. Apr. 2024
Die beste Antwort (am 30. Apr. 2024) ist von:
Cristian
Experte
#1 rated MBB & McKinsey Coach
Cristian
Experte
gab die beste Antwort am 30. Apr. 2024
#1 rated MBB & McKinsey Coach
For anyone else who is preparing for case interviews, I’ve put together this material that covers virtually all the formulas you need: Cheatsheet: The Must-Know Consulting Terms for Interviews Best, Cristian
4
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6
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Price Formula Help

BCG Case Interview McKinsey
Neueste Antwort am 30. Apr. 2024
Die beste Antwort (am 30. Apr. 2024) ist von:
Cristian
Experte
#1 rated MBB & McKinsey Coach
Cristian
Experte
gab die beste Antwort am 30. Apr. 2024
#1 rated MBB & McKinsey Coach
For anyone else who is preparing for case interviews, I’ve put together this material that covers virtually all the formulas you need: Cheatsheet: The Must-Know Consulting Terms for Interviews Best, Cristian
2
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1,7 T.
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5
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Technical interview about M&A: WACC formula for a private company

M&A M&A Case Valuation
Neueste Antwort am 30. Apr. 2024
Die beste Antwort (am 12. Apr. 2021) ist von:
Clara
Experte
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
Clara
Experte
gab die beste Antwort am 12. Apr. 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
Hello! I agree that this seems more complicated than what you are going to find in such interviews. What you need to know how to do is: NPVs, knowing the: r, disccount rate C, capital n, number of yea ... (ganze Antwort lesen)
3
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2,3 T.
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30
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When to formulate an hypothesis?

Case Interview hypothesis
Neueste Antwort am 30. Apr. 2024
Die beste Antwort (am 16. Jan. 2019) ist von:
Sidi
Experte
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Sidi
Experte
gab die beste Antwort am 16. Jan. 2019
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Hi Hubert! My general recommendation is: delay the explicit statement of a hypothesis until you have something to ground your hypothesis on! Just stating a hypothesis for the sake of it serves absolutely no purpose! M ... (ganze Antwort lesen)
4
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2,8 T.
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Business math cases

balance sheet income statement Math problem Valuation
Neueste Antwort am 30. Apr. 2024
Die beste Antwort (am 23. Apr. 2024) ist von:
Cristian
Experte
#1 rated MBB & McKinsey Coach
Cristian
Experte
gab die beste Antwort am 23. Apr. 2024
#1 rated MBB & McKinsey Coach
Aviv, Great to see that you're targeted in terms of practicing your business maths.  Honestly, you don't need ‘Income Statement, Balance sheet, Valuation (Both Comparables and DCF).’ for consulting interviews. Unless yo ... (ganze Antwort lesen)
4
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What formulas to use during the BCG Online Case?

BCG formula Math problem
Neueste Antwort am 30. Apr. 2024
Die beste Antwort (am 30. Apr. 2024) ist von:
Cristian
Experte
#1 rated MBB & McKinsey Coach
Cristian
Experte
gab die beste Antwort am 30. Apr. 2024
#1 rated MBB & McKinsey Coach
If you know the ones from this link you're covered. It would be an absolute exception for a different one to show up. Cheatsheet: The Must-Know Consulting Terms for Interviews Best, Cristian
4
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Discount rate & NPV formulas

BearingPoint Case: Digital Business Model of a Parking App
Neueste Antwort am 30. Apr. 2024
Anonym gab die beste Antwort am 16. Okt. 2020
In nutshell: Would you prefer to receive 1000 USD now or in one year? I guess now. So basically the 1000 USD in one year have a "smaller" value than 1000 USD now. Let's build on that. If I give you 1000 USD now ... (ganze Antwort lesen)
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I want to start practicing with people online but the past 3 days, all meetings I had to attend, no one showed up. I'm not sure if something is wrong with my setup..

Practice cases
Neueste Antwort am 30. Apr. 2024
Die beste Antwort (am 24. Apr. 2024) ist von:
Cristian
Experte
#1 rated MBB & McKinsey Coach
Cristian
Experte
gab die beste Antwort am 24. Apr. 2024
#1 rated MBB & McKinsey Coach
This is quite a common problem as I understand from my own candidates.  Unless it's a technical issue involved, then it has to do with the reliability of some practice partners.  Some people just don't show up for peer ... (ganze Antwort lesen)
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