Consulting Q&A – Ask Questions about Your Career

In this overview, you will find all the questions asked so far by the PrepLounge community. Anyone can ask questions and write answers. Our coaches are also happy to share their expertise. If you like an answer, give it an upvote so that it rises to the top.

How does the Consulting Q&A work?

Anyone can ask a question
Anyone can write an answer
Upvotes let answers rise to the top
Last Activity
  • Last Activity
  • Newest question
  • Newest answer
  • Answer upvotes
  • Most views
  • Most relevant
1 - 20 of 12488 results

🎅🏽 Christmas Deals on PrepLounge – Get 10% off your CoachingPlus package! 🎅🏽

case coaching christmas coaching expert coaching
Anonymous A asked 18 hours ago
Anonymous A asked 18 hours ago
Dear PrepLounge community, The countdown to Christmas is on 🎅🏽 As the year is coming to an end, we would like to give something back to you. This week, we are starting with our first Christmas special, so that you can make a real final spurt in your case interview preparation.  Here is everything you need to know about this special: What? This week you get 10% off your CoachingPlus package. CoachingPlus is the perfect combination of PrepLounge Premium and coaching sessions with our top experienced experts. You can select between 3, 5 and 10 coaching sessions and get a 6 week Premium Membershi ... (read entire question)
0
Answers
20
Views
0
Total Upvotes
18 hrs ago 18 hours ago
Last Activity

Late start date

Experienced Hire MBB start-date Startingdate
Most recent answer 16 minutes ago
Anonymous A asked 47 minutes ago
I have secured an offer as an experienced hire at an MBB office, within a specialist practice. The offer date they offered is in May given all earlier slots are full, however I have recently left my previous job so that ... (read entire question)
1
Answer
6
Views
0
Total Upvotes
16 min ago 16 minutes ago
Last Activity

MBB Start Date Delay (2023)

Delay MBB Recessions
Most recent answer 44 minutes ago
Anonymous A asked 3 hours ago
Hello,I have an MBB offer for 2023 that was delayed for more than 3 months. I would like to ask for your input on the following:(1) is it possible for the firm to delay the offer again? ;  (2) would you recommend findin ... (read entire question)
1
Answer
21
Views
0
Total Upvotes
44 min ago 44 minutes ago
Last Activity

Got Rejected from BCG Internship Application

BCG
Most recent answer 45 minutes ago
The best answer (on Dec 03, 2022) is from:
Udayan
Expert
Content Creator
Top rated McKinsey Case & PEI coach/Multiple real offers/McKinsey EM in New York /6 years McKinsey recruiting experience
Udayan
Expert
Content Creator
gave the best answer on Dec 03, 2022
Top rated McKinsey Case & PEI coach/Multiple real offers/McKinsey EM in New York /6 years McKinsey recruiting experience
Your resume is pretty stellar so I don't think that has anything to do with the rejection. It could be a few things - Casey plays a role given the high number of applicants that could have aced it outright. There are ot ... (read entire answer)
3
Answers
88
Views
2
Total Upvotes
45 min ago 45 minutes ago
Last Activity

How to prep for McKinsey

Business analyst training courses Business consultant Mck McKinsey & Company online courses
Most recent answer 54 minutes ago
Anonymous A asked on Dec 03, 2022
Hello all, I have just accepted an offer from McKinse. I will start next month as a junior Associate. Do you know what are the main hard skills I should have as a consultant? Is there a way to prep this month? Maybe exc ... (read entire question)
3
Answers
50
Views
0
Total Upvotes
54 min ago 54 minutes ago
Last Activity

Estimating the % of people who make 1-off purchases in a single year

Market sizing
Most recent answer 4 hours ago
Anonymous A asked 5 hours ago
Hello, For market sizings involving one-off purchases, like estimating the size of the lasik surgery market in the UK, it is easy to reach the total potential market for lasik surgery (i.e., the market size if everyone ... (read entire question)
1
Answer
19
Views
0
Total Upvotes
4 hrs ago 4 hours ago
Last Activity

Transfer/ re-recruit for a different location for return offer

MBB officetransfer relocation
Most recent answer 7 hours ago
The best answer (23 hours ago) is from:
Udayan
Expert
Content Creator
Top rated McKinsey Case & PEI coach/Multiple real offers/McKinsey EM in New York /6 years McKinsey recruiting experience
Udayan
Expert
Content Creator
gave the best answer 23 hours ago
Top rated McKinsey Case & PEI coach/Multiple real offers/McKinsey EM in New York /6 years McKinsey recruiting experience
There's absolutely no harm in explaining the situation to HR and asking but I will say this is going to be extremely difficult before 1.5 years of strong performance at least. I'm assuming you  have us citizenship/green ... (read entire answer)
4
Answers
52
Views
1
Total Upvotes
7 hrs ago 7 hours ago
Last Activity

EY Question.

EY-Parthenon
Most recent answer 15 hours ago
The best answer (on Dec 01, 2022) is from:
Rushabh
CoachingPlus Expert
Immediate Coaching Available! | 50% discount on mocks! | BCG Expert | Middle East | 60+ mocks delivered | IESE & NYU MBA
Rushabh
CoachingPlus Expert
gave the best answer on Dec 01, 2022
Immediate Coaching Available! | 50% discount on mocks! | BCG Expert | Middle East | 60+ mocks delivered | IESE & NYU MBA
Hello, From an outsiders' perspectives, it seems to me that EY Parthenon is a separate company that exclusively focuses on management consulting.  Whereas EY in general will have their own audit, tax and advisory teams. ... (read entire answer)
3
Answers
51
Views
11
Total Upvotes
15 hrs ago 15 hours ago
Last Activity

Total Market vs Total Addressable Market

Exhibit Guessestimation Market sizing
Most recent answer on Dec 03, 2022
The best answer (on Dec 03, 2022) is from:
Emre
Expert
Incoming Bain Consultant | INSEAD MBA | 5 years of consulting and 3 years of entrepreneurship| 50% discount available
Emre
Expert
gave the best answer on Dec 03, 2022
Incoming Bain Consultant | INSEAD MBA | 5 years of consulting and 3 years of entrepreneurship| 50% discount available
As I was preparing/presenting pitch decks to the investors for our startup, there were only 3 terms about the market size: 1- TAM (Total Addressable Market): The maximum size for an opportunity 2- SAM (Serviceable Addre ... (read entire answer)
3
Answers
42
Views
1
Total Upvotes
on Dec 03, 2022 on Dec 03, 2022
Last Activity

Entrance tests for MBB in London

Bain & Company Experienced Hire McKinsey & Company The Boston Consulting Group
Most recent answer on Dec 03, 2022
Anonymous B gave the best answer on Dec 03, 2022
1. Yes. It can be sometimes omitted for the winners of case competitions or leadership programs conducted by the MBB. 2. Sova. Yes, applicable. 3. Never heard. 4. No sure about the question. You will be interviewed for ... (read entire answer)
2
Answers
75
Views
1
Total Upvotes
on Dec 03, 2022 on Dec 03, 2022
Last Activity

Mckinsey defense game

McKinsey & Company PSG
Most recent answer on Dec 03, 2022
The best answer (on Dec 03, 2022) is from:
Francesco
Expert
Content Creator
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 9Y+ Coaching
Francesco
Expert
Content Creator
gave the best answer on Dec 03, 2022
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 9Y+ Coaching
Hi there, Q: I played the defense game and somehow screwed up my second attempt due to a slight miscalculation. First attempt was above 32 and last attempt was 51. But second attempt was only 14 and bit worried now. Des ... (read entire answer)
4
Answers
77
Views
2
Total Upvotes
on Dec 03, 2022 on Dec 03, 2022
Last Activity

Having my first network call with a consultant. Any advice on what questions to ask?

MBB networking
Most recent answer on Dec 03, 2022
Anonymous A asked on Dec 02, 2022
So I'm having my first call with a consultant tomorrow. He's a school alumni & works for an MBB company. He made the meeting 30 minutes, so I don't think it's going to be appropriate to ask him to case with me. He a ... (read entire question)
3
Answers
70
Views
0
Total Upvotes
on Dec 03, 2022 on Dec 03, 2022
Last Activity

how to plan my consulting career

career career progression MBB Siemens Advanta Consulting Siemens Management Consulting
Most recent answer on Dec 03, 2022
The best answer (on Dec 02, 2022) is from:
Maikol
Expert
Incoming BCG Principal | Former Bain, AlixPartner, and Private Equity | INSEAD MBA | GMAT 780
Maikol
Expert
gave the best answer on Dec 02, 2022
Incoming BCG Principal | Former Bain, AlixPartner, and Private Equity | INSEAD MBA | GMAT 780
It is a no-brainer. MBB give a much better career prospect, higher salaries, higher opportunities, and personal prestige. The downside is that you have to work more and with more stress. But there is no comparison.
6
Answers
70
Views
5
Total Upvotes
on Dec 03, 2022 on Dec 03, 2022
Last Activity

Internship before MBB full-time role

full-time MBB Summer Internship
Most recent answer on Dec 02, 2022
Anonymous A asked on Dec 01, 2022
Hi guys, I have just accepted an MBB full-time offer in the SEA region which will commence in 2023 (flexible and can be deferred to 2024). May I know if it's legal to accept a different MBB firm's internship offer in an ... (read entire question)
7
Answers
77
Views
0
Total Upvotes
on Dec 02, 2022 on Dec 02, 2022
Last Activity

Can referrals only come from very senior employees?

MBB Referral
Most recent answer on Dec 02, 2022
Anonymous A asked on Dec 01, 2022
I'm trying to understand how referrals work.  I'm not exactly sure how senior the person has to be to give a referral. Can they only give referral if they're partners/directors?  Also another question - I heard recently ... (read entire question)
9
Answers
72
Views
0
Total Upvotes
on Dec 02, 2022 on Dec 02, 2022
Last Activity

ADL or Kearney

A.T. Kearney ADL ADLittle AT Kearney ATKearney offer
Most recent answer on Dec 02, 2022
Anonymous A asked on Dec 01, 2022
Hello! I have offers from both Kearney and Arthur D Little in the middle east. However, ADL is offering me a senior position as compared to Kearney. Compensation isn't very different for both right now, but the gap coul ... (read entire question)
6
Answers
53
Views
0
Total Upvotes
on Dec 02, 2022 on Dec 02, 2022
Last Activity

Transfer from Tier 2 to Tier 1

Big 4 MBB
Most recent answer on Dec 02, 2022
The best answer (on Dec 02, 2022) is from:
Maikol
Expert
Incoming BCG Principal | Former Bain, AlixPartner, and Private Equity | INSEAD MBA | GMAT 780
Maikol
Expert
gave the best answer on Dec 02, 2022
Incoming BCG Principal | Former Bain, AlixPartner, and Private Equity | INSEAD MBA | GMAT 780
Over time is becoming more complex to shift from Big 4 + Accenture to MBB.Switching from OW-RB-AP-A&M is easier, but getting tougher.At Big4 + Accenture, problem-solving, communication, type of projects, speed of ex ... (read entire answer)
11
Answers
130
Views
49
Total Upvotes
on Dec 02, 2022 on Dec 02, 2022
Last Activity

I have work authorization in the US and UK but am based in the middle east. I really want to relocate to a different location.

Boston Consulting Group entry level McKinsey officetransfer
Most recent answer on Dec 02, 2022
The best answer (on Dec 01, 2022) is from:
Adi
Expert
Content Creator
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
Adi
Expert
Content Creator
gave the best answer on Dec 01, 2022
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
Hi, Perhaps you are getting very impatient already :). Start with either of the MBB option (Congrats by the way) and give it 1-2 years before you execute the transfer option. Not everything is great in US/UK right now.. ... (read entire answer)
4
Answers
84
Views
3
Total Upvotes
on Dec 02, 2022 on Dec 02, 2022
Last Activity

McKinsey - Solve

McKinsey PSG
Most recent answer on Dec 01, 2022
The best answer (on Dec 01, 2022) is from:
Francesco
Expert
Content Creator
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 9Y+ Coaching
Francesco
Expert
Content Creator
gave the best answer on Dec 01, 2022
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 9Y+ Coaching
Hi there, Q: This morning checking on my application status I noticed it switched from “in progress” to “closed”. Does it mean they have rejected me? It doesn't look good, but they should send an email to formally clari ... (read entire answer)
6
Answers
111
Views
25
Total Upvotes
on Dec 01, 2022 on Dec 01, 2022
Last Activity

Interview with a Partner

McKinsey
Most recent answer on Dec 01, 2022
The best answer (on Dec 01, 2022) is from:
Francesco
Expert
Content Creator
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 9Y+ Coaching
Francesco
Expert
Content Creator
gave the best answer on Dec 01, 2022
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 9Y+ Coaching
Hi there, Q: My first round interview is with a Partner (and EM). How does that change things, and how is that now different from second round? Having partners in round one is rare but may happen sometimes at MBB. It ma ... (read entire answer)
8
Answers
70
Views
34
Total Upvotes
on Dec 01, 2022 on Dec 01, 2022
Last Activity
1 - 20 of 12488 results