Consulting Q&A – Ask Questions on Your Career in Our Consulting Forum

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    difference between payback period and breakeven calculations

    business model
    Most recent answer 2 hours ago
    The best answer (on Oct 25, 2021) is from:
    Francesco
    Expert
    Content Creator
    #1 Expert for Coaching Sessions (3.700+) | 1.300+ Reviews with 100% Recommendation Rate | Ex BCG | 8+ Years of Coaching
    Francesco
    Expert
    Content Creator
     gave the best answer on Oct 25, 2021
    #1 Expert for Coaching Sessions (3.700+) | 1.300+ Reviews with 100% Recommendation Rate | Ex BCG | 8+ Years of Coaching
    Hi there, The payback period refers to the time needed to recover an investment.  The breakeven point refers to the situation where total revenues are equal to total costs. The question is normally related to the quanti ... (read entire answer)
    4
    Answers
    42
    Views
    27
    Total Upvotes
    2 hrs ago 2 hours ago
    Last Activity

    Math

    mental math
    Most recent answer 2 hours ago
    The best answer (on Oct 25, 2021) is from:
    Pedro
    CoachingPlus Expert
    Bain | EY-Parthenon | Roland Berger | FIT Interview | Principal Former Head Recruiter | Launched EY-P Lisbon Office
    Pedro
    CoachingPlus Expert
     gave the best answer on Oct 25, 2021
    Bain | EY-Parthenon | Roland Berger | FIT Interview | Principal Former Head Recruiter | Launched EY-P Lisbon Office
    To be honest, I don't think there are any complex 3 digit multiplications on real cases. For exampl, if you have to multiply the days of the year, the best way is to assume 350 days (multiply by 7, add 2 zeros, and then ... (read entire answer)
    5
    Answers
    44
    Views
    17
    Total Upvotes
    2 hrs ago 2 hours ago
    Last Activity

    Can a consultant in turnaround and restructuring move to MBB?

    Bain & Company BCG Corporate Strategy McKinsey & Company Turnaround
    Most recent answer 3 hours ago
    The best answer (on Oct 25, 2021) is from:
    Pedro
    CoachingPlus Expert
    Bain | EY-Parthenon | Roland Berger | FIT Interview | Principal Former Head Recruiter | Launched EY-P Lisbon Office
    Pedro
    CoachingPlus Expert
     gave the best answer on Oct 25, 2021
    Bain | EY-Parthenon | Roland Berger | FIT Interview | Principal Former Head Recruiter | Launched EY-P Lisbon Office
    Yes, you can move into MBB and have a more generalist role. No issue at all.Regarding staffing, just be clear on your preferences with the staffing manager.For example, ask for your 1st project not to be on turnaround, ... (read entire answer)
    7
    Answers
    53
    Views
    16
    Total Upvotes
    3 hrs ago 3 hours ago
    Last Activity

    Land your dream job!

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    Family in same industry

    consultant
    Most recent answer 3 hours ago
    The best answer (on Oct 25, 2021) is from:
    Ian
    Expert
    Content Creator
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Ian
    Expert
    Content Creator
     gave the best answer on Oct 25, 2021
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Hi there, Absolutely they can! Of course, both have to adhere to the confidentially clauses in their contracts (which you have to do regardless as to whether or not your partner/family work in consulting).
    6
    Answers
    37
    Views
    15
    Total Upvotes
    3 hrs ago 3 hours ago
    Last Activity

    Interview follow up

    followup
    Most recent answer 4 hours ago
    Anonymous A asked 7 hours ago
    Hi, I had an interview yesterday and it was with my DREAM company, which is a top consulting company (mbb). However, I was quite nervous and don't think it represented my abilities very well and I wasn't too structured ... (read entire question)
    2
    Answers
    26
    Views
    0
    Total Upvotes
    4 hrs ago 4 hours ago
    Last Activity

    Big 4 To Strategy Analyst Role At Airport

    Change Job Job interview
    Most recent answer 4 hours ago
    JunJo asked 6 hours ago
    Looking to prepare cases for MBB
    I have received a job offer to move from a Management Consulting role at the Big 4 to a Strategy Analyst role at a major airport in my home country. The role will allow me to specialise in strategy, whereas my current r ... (read entire question)
    2
    Answers
    18
    Views
    0
    Total Upvotes
    4 hrs ago 4 hours ago
    Last Activity

    What do people mean by ‘expect unusual cases’ for second rounds at Bain. Examples?

    Bain & Company
    Most recent answer 6 hours ago
    The best answer (on Oct 26, 2021) is from:
    Ian
    Expert
    Content Creator
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Ian
    Expert
    Content Creator
     gave the best answer on Oct 26, 2021
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Hi Anna, Literally anything! Help plan the UK's covid vaccination rollout company Help x company increase their output without affecting quality X company has been facing tough supply chain issues - help them resolve Ad ... (read entire answer)
    6
    Answers
    61
    Views
    13
    Total Upvotes
    6 hrs ago 6 hours ago
    Last Activity

    Online Test Preparation

    McKinsey problem solving game Online Tests pymetrics test
    Most recent answer 6 hours ago
    The best answer (on Oct 26, 2021) is from:
    Francesco
    Expert
    Content Creator
    #1 Expert for Coaching Sessions (3.700+) | 1.300+ Reviews with 100% Recommendation Rate | Ex BCG | 8+ Years of Coaching
    Francesco
    Expert
    Content Creator
     gave the best answer on Oct 26, 2021
    #1 Expert for Coaching Sessions (3.700+) | 1.300+ Reviews with 100% Recommendation Rate | Ex BCG | 8+ Years of Coaching
    Hi Antarjot, The most common tests in MBB are: McKinsey: Solve Game (Imbellus) BCG: Online Case (Chatbot) Bain: Sova, HireVue, TestGorilla, pymetrics (according to the country) In terms of preparation, I would recommend ... (read entire answer)
    6
    Answers
    53
    Views
    17
    Total Upvotes
    6 hrs ago 6 hours ago
    Last Activity

    Referrals in Mckinsey?

    Mck
    Most recent answer 7 hours ago
    The best answer (on Oct 25, 2021) is from:
    Florian
    Expert
    Content Creator
    #1 rated McKinsey Case and PEI Coach | 5 years at McKinsey | Mentorship Approach | Imbellus Expert
    Florian
    Expert
    Content Creator
     gave the best answer on Oct 25, 2021
    #1 rated McKinsey Case and PEI Coach | 5 years at McKinsey | Mentorship Approach | Imbellus Expert
    Hey there, In terms of referrals for McKinsey I'd optimize in the following way: First, go for seniority. A partner-level referral should almost certainly help you with an invite for Solve and/or an interview. No 100% g ... (read entire answer)
    7
    Answers
    81
    Views
    18
    Total Upvotes
    7 hrs ago 7 hours ago
    Last Activity

    Advice while writing Consulting Experience on Resume

    Consulting Resume Resume
    Most recent answer 7 hours ago
    The best answer (on Oct 25, 2021) is from:
    Ian
    Expert
    Content Creator
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Ian
    Expert
    Content Creator
     gave the best answer on Oct 25, 2021
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Hmmmm. Neither. You need to have a clear, concise sentence that articulates your role/responsibilities/actions and the value add.  To give you an idea, one example from my killer resume template is: “Optimized, streamli ... (read entire answer)
    6
    Answers
    40
    Views
    10
    Total Upvotes
    7 hrs ago 7 hours ago
    Last Activity

    How many pharmacies are there in the US? (2)

    healthcare pharma Market sizing pharma and health care cases
    Most recent answer 7 hours ago
    Tereza asked on Oct 25, 2021
    Hi guys,  I'm new to case studies and I was trying to solve this one: How many pharmacies are there in the US? We’re talking about pharmacies/drug stores in the European sense (so no CVS etc., but “pure pharmacies”).  I ... (read entire question)
    1
    Answer
    53
    Views
    0
    Total Upvotes
    7 hrs ago 7 hours ago
    Last Activity

    How can I analyze profitability cases in an outstanding way?

    Cases profitability analysis
    Most recent answer 7 hours ago
    The best answer (on Oct 25, 2021) is from:
    Sidi
    Expert
    McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 300+ candidates secure MBB offers
    Sidi
    Expert
     gave the best answer on Oct 25, 2021
    McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 300+ candidates secure MBB offers
    Hi!    Alright... This will take some again. ^^ Given the underying premises of your question, and the many inaccuracies that have been spread by “case preparation books” over the last decade, I need to explain a couple ... (read entire answer)
    5
    Answers
    91
    Views
    40
    Total Upvotes
    7 hrs ago 7 hours ago
    Last Activity

    Are MBB management or strategy consulting firms?

    management consulting MBB
    Most recent answer 7 hours ago
    The best answer (on Oct 26, 2021) is from:
    Pedro
    CoachingPlus Expert
    Bain | EY-Parthenon | Roland Berger | FIT Interview | Principal Former Head Recruiter | Launched EY-P Lisbon Office
    Pedro
    CoachingPlus Expert
     gave the best answer on Oct 26, 2021
    Bain | EY-Parthenon | Roland Berger | FIT Interview | Principal Former Head Recruiter | Launched EY-P Lisbon Office
    The right terminology is Top Management Consulting or Strategy Consulting. They are board advisors at heart, and they help C-Level executives plan and execute their business strategies (where to play, how to win, how to ... (read entire answer)
    5
    Answers
    63
    Views
    6
    Total Upvotes
    7 hrs ago 7 hours ago
    Last Activity

    MBB Prestige by office location; equal exit opportunities?

    Bain & Company BCG exit opportunities McKinsey
    Most recent answer 7 hours ago
    The best answer (on Oct 26, 2021) is from:
    Ian
    Expert
    Content Creator
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Ian
    Expert
    Content Creator
     gave the best answer on Oct 26, 2021
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Hi there, Congrats on getting that MBB offer! In terms of 1-4, let's remember that this is MBB :). Even if prestige might be slightly lower, you're at such a high brand recognition level that it truly shouldn't measurab ... (read entire answer)
    6
    Answers
    122
    Views
    10
    Total Upvotes
    7 hrs ago 7 hours ago
    Last Activity

    Case

    Framework
    Most recent answer 7 hours ago
    The best answer (on Oct 26, 2021) is from:
    Sidi
    Expert
    McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 300+ candidates secure MBB offers
    Sidi
    Expert
     gave the best answer on Oct 26, 2021
    McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 300+ candidates secure MBB offers
    Hi! No! You should not structure “around an M&A framework”. Structuring a question does not mean to define a certain number of buckets and bullet points to look at! This is what people do who have not learned how to ... (read entire answer)
    7
    Answers
    82
    Views
    23
    Total Upvotes
    7 hrs ago 7 hours ago
    Last Activity

    McKinsey Recruiter

    McKinsey
    Most recent answer 7 hours ago
    The best answer (on Oct 26, 2021) is from:
    Moritz
    Expert
    ex-McKinsey Experienced Hire | official McKinsey Interview Coach & Interviewer | ESADE MBA | Master of story telling
    Moritz
    Expert
     gave the best answer on Oct 26, 2021
    ex-McKinsey Experienced Hire | official McKinsey Interview Coach & Interviewer | ESADE MBA | Master of story telling
    First of all wow, that’s a lot of referrals! Well done! Having a partner put in a good word for you should be sufficient since they ultimately run the show and recruiters act on their behalf. Moreover, the recruiter sho ... (read entire answer)
    8
    Answers
    88
    Views
    19
    Total Upvotes
    7 hrs ago 7 hours ago
    Last Activity

    Impact during case studies

    Arthur D Little Interviews
    Most recent answer 7 hours ago
    The best answer (on Oct 26, 2021) is from:
    Agrim
    CoachingPlus Expert
    #1 CoachingPlus Expert | 100% personalised | BCG Dubai PL | 2021 Real MBB+ Cases | Case/PEI/Fit/CV | 6+ years Consulting
    Agrim
    CoachingPlus Expert
     gave the best answer on Oct 26, 2021
    #1 CoachingPlus Expert | 100% personalised | BCG Dubai PL | 2021 Real MBB+ Cases | Case/PEI/Fit/CV | 6+ years Consulting
    Lack of impact You may NOT be going deeper into your analysis and not generating enough insights. See this question - https://www.preplounge.com/en/consulting-forum/second-order-insights-11693 You may NOT be focusing on ... (read entire answer)
    5
    Answers
    38
    Views
    11
    Total Upvotes
    7 hrs ago 7 hours ago
    Last Activity

    MBA Sponsorship

    MBB Sponsorship
    Most recent answer 7 hours ago
    The best answer (on Oct 26, 2021) is from:
    Agrim
    CoachingPlus Expert
    #1 CoachingPlus Expert | 100% personalised | BCG Dubai PL | 2021 Real MBB+ Cases | Case/PEI/Fit/CV | 6+ years Consulting
    Agrim
    CoachingPlus Expert
     gave the best answer on Oct 26, 2021
    #1 CoachingPlus Expert | 100% personalised | BCG Dubai PL | 2021 Real MBB+ Cases | Case/PEI/Fit/CV | 6+ years Consulting
    The moment you leave MBB to work at another company, you are not bound by an MBB contract as such. So MBB would lose control in such a situation - unless (as pointed out by others) that you do an experience arranged by ... (read entire answer)
    5
    Answers
    42
    Views
    7
    Total Upvotes
    7 hrs ago 7 hours ago
    Last Activity

    Technology Consultant help

    BCG Technology advantage business technology information technology Tech case technology
    Most recent answer 7 hours ago
    The best answer (on Oct 26, 2021) is from:
    Agrim
    CoachingPlus Expert
    #1 CoachingPlus Expert | 100% personalised | BCG Dubai PL | 2021 Real MBB+ Cases | Case/PEI/Fit/CV | 6+ years Consulting
    Agrim
    CoachingPlus Expert
     gave the best answer on Oct 26, 2021
    #1 CoachingPlus Expert | 100% personalised | BCG Dubai PL | 2021 Real MBB+ Cases | Case/PEI/Fit/CV | 6+ years Consulting
    It might be better if you can share the profile link with us in messages. That way we can give you a better verdict. A technology consultant can mean many different things - such as: A general consultant specialized in ... (read entire answer)
    4
    Answers
    33
    Views
    7
    Total Upvotes
    7 hrs ago 7 hours ago
    Last Activity

    Beginners Approach to Case Studies

    Case Interview Consultancy
    Most recent answer 7 hours ago
    The best answer (on Oct 26, 2021) is from:
    Pedro
    CoachingPlus Expert
    Bain | EY-Parthenon | Roland Berger | FIT Interview | Principal Former Head Recruiter | Launched EY-P Lisbon Office
    Pedro
    CoachingPlus Expert
     gave the best answer on Oct 26, 2021
    Bain | EY-Parthenon | Roland Berger | FIT Interview | Principal Former Head Recruiter | Launched EY-P Lisbon Office
    This is a great question, and points out to a real issue in case interview. When preparing with peers, your interviewer not always knows how a real interviewer would react (nor what a good performance really looks like) ... (read entire answer)
    4
    Answers
    51
    Views
    3
    Total Upvotes
    7 hrs ago 7 hours ago
    Last Activity
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