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Consulting Q&A

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.

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Anyone can write an answer
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1 - 20 of 13380 results

New on PrepLounge: Premium + Coaching 💚💙

coaching Premium Membership
Most recent answer on May 14, 2023
Charlotte
Premium
 asked on May 10, 2023
Coaching Program Manager at PrepLounge
Dear PrepLounge Community! We are happy and excited to announce that we just launched Premium + Coaching.  It combines the unique Premium Membership with one expert coaching session for an unbeatable price!   You benefit from unlimited mock interviews, unlimited personal messages, and full access to all the PrepLounge resources including 220+ cases, drills, video tutorials, and much more! In addition to that, Premium + Coaching includes one coaching session, so you receive exclusive insights and tailored feedback from a coach.  With this perfect combination, you will succeed in the real case ... (read entire question)
3
Answers
376
Views
25
Total Upvotes
on May 14, 2023 on May 14, 2023
Last Activity

McKinsey referral - no specific position

referrals
Most recent answer 2 hours ago
Anonymous A asked 7 hours ago
A partner just told me that there's no opening for experienced hires. Then I received an email from McKinsey saying this partner referred me. Should they have opportunity that matches my skills, they will contact me. I ... (read entire question)
2
Answers
21
Views
0
Total Upvotes
2 hrs ago 2 hours ago
Last Activity

Bain Germany - Springboard Programme

Bain & Company BCG MBB McKinsey switzerland
Most recent answer 2 hours ago
Anonymous A asked 5 hours ago
I recently successfully completed my internship at Bain Germany and was accepted into Bain's Springboard programme for successful interns. "Springboard is our intern development program. Acceptance to the program is a p ... (read entire question)
2
Answers
24
Views
0
Total Upvotes
2 hrs ago 2 hours ago
Last Activity

Mckinsey Solve - Result

Mck Online Assessment PSG
Most recent answer 3 hours ago
Naeem asked 15 hours ago
Hello guys! I just have a basic question, one and a half years ago I completed PSG but didn't get the result of the game rather a general rejection against the position.  Is that the norm? Thanks. Naeem.
4
Answers
31
Views
0
Total Upvotes
3 hrs ago 3 hours ago
Last Activity

Recommendation for McKinsey return offer

internship McKinsey recommendation Return Offer
Most recent answer 3 hours ago
Anonymous A asked 10 hours ago
Hi all,   A few months ago, I concluded an internship at McKinsey. The return offer policy at this office is moving interns to the final round interviews for the BA position, and if you pass you receive the return offer ... (read entire question)
3
Answers
36
Views
0
Total Upvotes
3 hrs ago 3 hours ago
Last Activity

MBB Application

Application application process Experienced Hire MBA Application Advice MBB
Most recent answer 3 hours ago
Anonymous A asked 3 hours ago
I graduated 1.5 years ago from my MBA, from which I've been working around 1 year from that.Which route I need to take to apply, am I considered an “experience hire” now?  Or can I still apply with recent MBA graduates ... (read entire question)
1
Answer
15
Views
0
Total Upvotes
3 hrs ago 3 hours ago
Last Activity

More than one referral at McKinsey?

McKinsey McKinsey & Company recruiting Referral
Most recent answer 10 hours ago
The best answer (on Jun 07, 2023) is from:
Francesco
Expert
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 10Y+ Coaching
Francesco
Expert
 gave the best answer on Jun 07, 2023
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 10Y+ Coaching
Hi there, Q: Does it make sense to have more than one referral?  When you apply you can normally have only one official referral. A second person can still drop your name to HR and provide an “unofficial” referral. In y ... (read entire answer)
5
Answers
38
Views
13
Total Upvotes
10 hrs ago 10 hours ago
Last Activity

Hiring Freeze

Interview McKinsey
Most recent answer 10 hours ago
The best answer (on Jun 07, 2023) is from:
Ian
Expert
MBB | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
Ian
Expert
 gave the best answer on Jun 07, 2023
MBB | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
Hi there, It's definitely a thing. Hiring is down. It does depend on the region, and, even with official freezes, interviews and offers do still get made. Personally, I still do have candidates interviewing and get offe ... (read entire answer)
4
Answers
61
Views
9
Total Upvotes
10 hrs ago 10 hours ago
Last Activity
Question on the case: Bain case: Asian lubricants producer

how to construct the framework.

Bain case: Asian lubricants producer
Most recent answer 11 hours ago
Anonymous A asked 18 hours ago
In terms of the background phrase,Is the demand of products considered as a part of the market overview/market attractiveness? Prioritize Phrase,If I using comparison matrix tools to find the most promising market and t ... (read entire question)
1
Answer
25
Views
0
Total Upvotes
11 hrs ago 11 hours ago
Last Activity

Loss of motivation after rejection

career opportunities motivation
Most recent answer 11 hours ago
The best answer (on Jun 06, 2023) is from:
Iago
Expert
Bain & Co | PwC | Deloitte. Passionate about harnessing opportunities that new technologies and cloud solutions enable
Iago
Expert
 gave the best answer on Jun 06, 2023
Bain & Co | PwC | Deloitte. Passionate about harnessing opportunities that new technologies and cloud solutions enable
I'm sorry to hear about your experience with the McKinsey interview and the subsequent rejection. It can be disheartening to face setbacks, especially when you had high hopes for a particular opportunity. However, it's ... (read entire answer)
6
Answers
70
Views
18
Total Upvotes
11 hrs ago 11 hours ago
Last Activity

European B-school to MBB prospect

A.T. Kearney Bain BCG MBB McKinsey
Most recent answer 12 hours ago
The best answer (on Jun 05, 2023) is from:
Cristian
Expert
#1 McKinsey Coach by rating & recommendation rate
Cristian
Expert
 gave the best answer on Jun 05, 2023
#1 McKinsey Coach by rating & recommendation rate
Hi there,  All the above are good brands, though I would probably highlight 4, 6 and 7. HEC would also be a good additional to your list. LBS and Oxford Said BS as well.  In the end, the ranking doesn't make a critical ... (read entire answer)
5
Answers
107
Views
23
Total Upvotes
12 hrs ago 12 hours ago
Last Activity

Management Consulting hiring preference

BCGDubai dubai Interviewing in the Middle East Middle East Roland Berger MBB dubai strategy& dubai
Most recent answer 12 hours ago
The best answer (on Jun 04, 2023) is from:
Emily
Expert
300+ coached cases | Former McKinsey interviewer + recruiting lead| End-to-end prep in 2 weeks
Emily
Expert
 gave the best answer on Jun 04, 2023
300+ coached cases | Former McKinsey interviewer + recruiting lead| End-to-end prep in 2 weeks
Congrats on your upcoming MBA program! To answer your questions: In management consulting, especially in top-tier firms like the ones you mentioned, the focus is on meritocracy. They aim to hire the best talent, regardl ... (read entire answer)
5
Answers
85
Views
30
Total Upvotes
12 hrs ago 12 hours ago
Last Activity

“What do you know about business?”

Addressing interviewer
Most recent answer 12 hours ago
The best answer (on Jun 05, 2023) is from:
Emily
Expert
300+ coached cases | Former McKinsey interviewer + recruiting lead| End-to-end prep in 2 weeks
Emily
Expert
 gave the best answer on Jun 05, 2023
300+ coached cases | Former McKinsey interviewer + recruiting lead| End-to-end prep in 2 weeks
When discussing business in general, interviewers are often looking for your ability to articulate your understanding of real-world business operations, strategies, trends, and challenges, rather than academic theories ... (read entire answer)
4
Answers
59
Views
19
Total Upvotes
12 hrs ago 12 hours ago
Last Activity

Practice exhibit reading

Exhibit
Most recent answer 20 hours ago
The best answer (on Jun 08, 2021) is from:
Adi
Expert
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
Adi
Expert
 gave the best answer on Jun 08, 2021
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
Have a look at this thread for tons of advice on the same topic: https://www.preplounge.com/en/consulting-forum/charts-and-graphs-interpretation-8334
5
Answers
899
Views
28
Total Upvotes
20 hrs ago 20 hours ago
Last Activity

Salary Negotiation

salary salary negotiation
Most recent answer 20 hours ago
The best answer (on Nov 13, 2021) is from:
Pedro
Expert
Bain | EY-Parthenon | Roland Berger |Former Head Recruiter | Market Sizing
Pedro
Expert
 gave the best answer on Nov 13, 2021
Bain | EY-Parthenon | Roland Berger |Former Head Recruiter | Market Sizing
Assuming you are talking about MBB and Tier2, and not about smaller boutiques or Big4 (management consulting roles).The salaries are not within a band, they are fixed (both the base and variable part). This way they avo ... (read entire answer)
6
Answers
842
Views
28
Total Upvotes
20 hrs ago 20 hours ago
Last Activity

Networking

networking
Most recent answer 20 hours ago
The best answer (on Jun 06, 2023) is from:
Francesco
Expert
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 10Y+ Coaching
Francesco
Expert
 gave the best answer on Jun 06, 2023
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 10Y+ Coaching
Hi there, Q: Should I keep networking with partners outside of my city or should I network with manager level consultants in my city? You can be referred by someone also from a different office. If you find connections ... (read entire answer)
7
Answers
63
Views
25
Total Upvotes
20 hrs ago 20 hours ago
Last Activity

Streaming service cost

business concepts
Most recent answer 20 hours ago
The best answer (on Aug 22, 2021) is from:
Ken
Expert
Ex-McKinsey final round interviewer | Executive Coach
Ken
Expert
 gave the best answer on Aug 22, 2021
Ex-McKinsey final round interviewer | Executive Coach
Are you referring to a service like Netflix? Personally, the question I would ask is “how significant is the incremental cost of each additional customer?”. In a case interview, even showing that thoughtfulness, gives t ... (read entire answer)
3
Answers
871
Views
24
Total Upvotes
20 hrs ago 20 hours ago
Last Activity

What do you think about BCG Gamma and data science?

BCG McKinsey
Most recent answer 20 hours ago
The best answer (on Jan 06, 2018) is from:
Andrea
Expert
Former BCG Principal and decision round interviewer
Andrea
Expert
 gave the best answer on Jan 06, 2018
Former BCG Principal and decision round interviewer
BCG Gamma is indeed at the front line of data science (in the consulting world). However, as you speculated, they do not have the same client exposure than the generalist team has. The way I saw it working (second hande ... (read entire answer)
6
Answers
19.2 k
Views
18
Total Upvotes
20 hrs ago 20 hours ago
Last Activity

Looking for the Best Coach for MBB Mexico offices

Applications Best expert coaching MBB Mexico Referral
Most recent answer 20 hours ago
The best answer (on Jun 07, 2023) is from:
Ian
Expert
MBB | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
Ian
Expert
 gave the best answer on Jun 07, 2023
MBB | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
Hi Alfredo, We've already chatted but you have yet to schedule an intro call. Just a reminder that that's always an option! Local experience:  Personalmente, cuando estaba haciendo mi MBA en Stern, yo era el VP de event ... (read entire answer)
2
Answers
65
Views
7
Total Upvotes
20 hrs ago 20 hours ago
Last Activity

Burnout

burnout
Most recent answer 21 hours ago
The best answer (on Jun 02, 2023) is from:
Cristian
Expert
#1 McKinsey Coach by rating & recommendation rate
Cristian
Expert
 gave the best answer on Jun 02, 2023
#1 McKinsey Coach by rating & recommendation rate
Hi there,  Sorry to hear. This sounds frustrating.  Don't worry about the interview deadline. Forget about it altogether. You can always push it without it having a negative consequence on your chances of getting an off ... (read entire answer)
8
Answers
89
Views
60
Total Upvotes
21 hrs ago 21 hours ago
Last Activity
1 - 20 of 13380 results
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