industry Fragen & Antworten

Consulting to industry question

Hi, it is very common that consultants actually end up working for previous clients. It is also legitimate to keep your eyes and ears open for new opportunities while you are on the job. In your current situation, you p ... (ganze Antwort lesen)

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am 29. Feb. 2024 am 29. Feb. 2024
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Rotman vs. M7

canada Finance industry MBA Toronto

Neueste Antwort am 25. Juli 2023

Prateek

Experte

200+ MBB interviews | Engagement Manager at McKinsey (DC, Dubai & Toronto) | MBA from Kellogg | BS from IIT Delhi

Prateek

Experte

gab die beste Antwort am 12. Juli 2023

200+ MBB interviews | Engagement Manager at McKinsey (DC, Dubai & Toronto) | MBA from Kellogg | BS from IIT Delhi

Hi, Without knowing anything else about your profile / current location, I would consider M7 over Rotman. M7 have better brand globally and provide you access to 3 year work permit in US (most M7 MBAs are now categoriz ... (ganze Antwort lesen)

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41
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am 25. Juli 2023 am 25. Juli 2023
Letzte Aktivität

Recruitment for consultant position is by function/industry or as a generalist?

functional areas industry Public Sector recruitment

Neueste Antwort am 20. Dez. 2022

Cristian

Experte

#1 rated MBB & McKinsey Coach

Cristian

Experte

gab die beste Antwort am 15. Dez. 2022

#1 rated MBB & McKinsey Coach

Hi there, Congrats - quite a few promising things ahead of you. The short answer is that the recruitment process is what you make out of it. As in, it can be for a more specialised role or it can be for a generalist r ... (ganze Antwort lesen)

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48
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am 20. Dez. 2022 am 20. Dez. 2022
Letzte Aktivität

How to specialise as a new generalist

consulting industry specialization

Neueste Antwort am 18. Juni 2022

Adi

Experte

Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

Adi

Experte

gab die beste Antwort am 15. Juni 2022

Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

The best is to get on projects in that industry and work your way from there. You can also support proposals/RFP responses to gain additional exposure.

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1,2 T.
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am 18. Juni 2022 am 18. Juni 2022
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Where can I get/find an overview of the TMT industry?

industry

Neueste Antwort am 30. Aug. 2021

gab die beste Antwort am 30. Aug. 2021

Hi there, I have 20+ industry deep-dives (about 2 pages each) that break down each industry by key factors (cost drivers, key products, competitive landscape, trends, etc.) that I provide as part of my coaching. Feel fr ... (ganze Antwort lesen)

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14
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am 30. Aug. 2021 am 30. Aug. 2021
Letzte Aktivität

Company demand vs. market demand

demand demand and supply industry industry trend Market analysis market dynamics

Neueste Antwort am 12. Apr. 2021

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 think it´s pretty simple! Just compair their maket share with: The market share from the top 20 biggest players n the industry The # of players in the industry´s long tail And that´s it, simple co ... (ganze Antwort lesen)

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1,2 T.
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23
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am 12. Apr. 2021 am 12. Apr. 2021
Letzte Aktivität

Where can I get documents or casebooks with Industry overview?

casebook Casebooks consulting industry industry industry dynamics industry trend

Neueste Antwort am 11. Apr. 2021

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 11. Apr. 2021

McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello! Have a look into IVY LEAGUE case prep books, since they normally include some pages on industry overviews. Furthermore, in the PrepL shop there is a guide about the pharma industry, in case you are intereste ... (ganze Antwort lesen)

2
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998
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27
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am 11. Apr. 2021 am 11. Apr. 2021
Letzte Aktivität

Industry compensation

industry

Neueste Antwort am 10. Apr. 2021

Adi

Experte

Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

Adi

Experte

gab die beste Antwort am 10. Apr. 2021

Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

There isn't a one size fits all answer here..it depends on which consulting firm, level, type of skills (strategy, operations, technology, digital etc), region, industry and target exit firm (tech, PE or industry). Ge ... (ganze Antwort lesen)

3
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963
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41
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am 10. Apr. 2021 am 10. Apr. 2021
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Hi, I have a question regarding cases on new industry.

industry McKinsey NewIndustry

Neueste Antwort am 9. Jan. 2021

Adi

Experte

Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

Adi

Experte

gab die beste Antwort am 2. Jan. 2021

Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

Hey there, Broadly, industries can be classified as follows: Raw Materials- e.g. mining, agriculture and fishing Manufacturing e.g. cars, planes, steel Support services e.g. hospitality, teaching ... (ganze Antwort lesen)

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98
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am 9. Jan. 2021 am 9. Jan. 2021
Letzte Aktivität

How to structure a profitability case?

Case Case Interview Declining Profitability Case industry profitability Structure

Neueste Antwort am 17. Nov. 2020

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 18. Feb. 2018

#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi Anonymous, As for your first question, you can analyse a profitability case looking at 4 key areas: clarify goal and situation, identify the problem, identify the solution and analyse risks. Step 1: Clarify goal ... (ganze Antwort lesen)

10
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14,4 T.
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47
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am 17. Nov. 2020 am 17. Nov. 2020
Letzte Aktivität

Resources to build industry specific knowledge for Case solving (specially in Indian context)

case partners caseprep consulting consulting industry consultingcases101 Good resources industry Strategy case solving

Neueste Antwort am 16. Okt. 2020

Anonym gab die beste Antwort am 30. Sept. 2020

Hi Avya! Great that you want to structure your case prep! The beautiful thing about consulting interview cases is that you basically don't need any industry specific knowledge. The toolkit that you build during the ... (ganze Antwort lesen)

5
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1,3 T.
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14
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am 16. Okt. 2020 am 16. Okt. 2020
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Which firms are breaking industry norms (in a good way) in the consulting space?

consulting Firms to watch out for industry MBB New Firms

Neueste Antwort am 11. Juli 2020

gab die beste Antwort am 23. Juni 2020

I depend on what you mean? They actually all are, but they're gambling in different ways. That's sort of like asking "Which of the FAANGS are breaking tech norms" If I had to pick, McKinsey and BCG are making the ... (ganze Antwort lesen)

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7
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am 11. Juli 2020 am 11. Juli 2020
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Switching from Tier2/Industry to MBB as experienced hire

career move industry MBB

Neueste Antwort am 7. Juni 2020

Giulia

Experte

McKinsey | 6+ years in Consulting + Health Tech |Certified High Performance + Systemic Coach | Women Empowerment

Giulia

Experte

gab die beste Antwort am 5. Juni 2020

McKinsey | 6+ years in Consulting + Health Tech |Certified High Performance + Systemic Coach | Women Empowerment

Hi , yes of course - it's more than possible! When I was at McKinsey, I met several colleagues who went the same way. So don't hesitate - try it out for yourself! The MBB companies have special tracks for FIG that y ... (ganze Antwort lesen)

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am 7. Juni 2020 am 7. Juni 2020
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Market vs. Industry

industry market entry

Neueste Antwort am 30. März 2020

Anonym gab die beste Antwort am 29. März 2020

Hez A, I agree that both terms are used interchangeably. When you analize market / industry you need to have a look at the following: Market size and dynamics (growth rate) Structure, segments and market share ... (ganze Antwort lesen)

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am 30. März 2020 am 30. März 2020
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Is the assumption "The gross margin will remain the same since the industry structure did not change" common practice?

Gravestone Inc. gross profit margin industry

Neueste Antwort am 23. Dez. 2019

Luca

Experte

BCG |NASA | SDA Bocconi & Cattolica partner | GMAT expert 780/800 score | 200+ students coached

Luca

Experte

gab die beste Antwort am 23. Dez. 2019

BCG |NASA | SDA Bocconi & Cattolica partner | GMAT expert 780/800 score | 200+ students coached

Hello Luca, I completely agree with you, the solution proposed is at least questionable.The hypothesis is basically that the price war following the adoption of the new technology will result in setting the price to h ... (ganze Antwort lesen)

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2,2 T.
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1
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am 23. Dez. 2019 am 23. Dez. 2019
Letzte Aktivität

Starting with "Analyzing the Industry"

Case Interview industry Market analysis

Neueste Antwort am 18. Juni 2019

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 18. Juni 2019

#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi Anonymous, I agree with Vlad, you should always consider a market analysis in a market entry case and there are definitely numbers you can analyze there. The reason why some candidates give the impression that th ... (ganze Antwort lesen)

3
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2,5 T.
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8
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am 18. Juni 2019 am 18. Juni 2019
Letzte Aktivität

Developing industry understanding for case interviews

caseinterview industry

Letzte Aktivität am 27. Feb. 2019

Vlad

Experte

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Vlad

Experte

gab die beste Antwort am 27. Feb. 2019

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi, Focus on the most common industries in the following priority (sorted by probability of getting a case): 1-retail and CPG; 2-airlines; 3-Telecom; 4-banking; 5-natural resources; 6-tech There are several sources ... (ganze Antwort lesen)

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5
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am 27. Feb. 2019 am 27. Feb. 2019
Letzte Aktivität

Any resources or tips for BizOps cases?

bizops industry

Letzte Aktivität am 6. Feb. 2019

Vlad

Experte

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Vlad

Experte

gab die beste Antwort am 6. Feb. 2019

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi, BizOps role may be completely different depending on the business model. For example: In google BizOps is responsible for the Sales and revenue operations In Uber BizOps is responsible for the supply of driv ... (ganze Antwort lesen)

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3,2 T.
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2
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am 6. Feb. 2019 am 6. Feb. 2019
Letzte Aktivität

Strategy manager exit from consulting - feedback on my thinking

exit exit options industry

Letzte Aktivität am 27. Sept. 2018

Anonym gab die beste Antwort am 27. Sept. 2018

Hey there, Without you providing details of other opportunities, it is hard to give concrete advice. However: It seems like the insurance gig fits your long term interests pretty well - 2 days a week from home + you ... (ganze Antwort lesen)

3
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2,7 T.
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3
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am 27. Sept. 2018 am 27. Sept. 2018
Letzte Aktivität

Are there any threats of substitution for consulting as an industry?

competition consulting industry substitution

Letzte Aktivität am 19. Sept. 2018

Anonym gab die beste Antwort am 11. Sept. 2018

I see two things replacing/impacting consulting (at least in it's current/traditional state), both driven by technology: clients undertaking work internally, and the emergence of big data / data science. When excel wa ... (ganze Antwort lesen)

3
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6,3 T.
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3
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am 19. Sept. 2018 am 19. Sept. 2018
Letzte Aktivität

Consulting Q&A - Stelle Fragen rund um Deine Karriere

Wie funktioniert das Consulting Q&A?

Consulting to industry question

Rotman vs. M7

Recruitment for consultant position is by function/industry or as a generalist?

How to specialise as a new generalist

Where can I get/find an overview of the TMT industry?

Company demand vs. market demand

Where can I get documents or casebooks with Industry overview?

Industry compensation

Hi, I have a question regarding cases on new industry.

How to structure a profitability case?

Resources to build industry specific knowledge for Case solving (specially in Indian context)

Which firms are breaking industry norms (in a good way) in the consulting space?

Switching from Tier2/Industry to MBB as experienced hire

Market vs. Industry

Is the assumption "The gross margin will remain the same since the industry structure did not change" common practice?

Starting with "Analyzing the Industry"

Developing industry understanding for case interviews

Any resources or tips for BizOps cases?

Strategy manager exit from consulting - feedback on my thinking

Are there any threats of substitution for consulting as an industry?