Can you please help me evaluate my performace? Will I pass to the second round?
I just went throug the 1st round interview for Bain. I have done 2 cases with 2 Senior Managers.
First question: why consulting? why Bain? I was prepared so I gave the right answers and the interviewed looked satisfied.
Then started the FIRST CASE. I think the qualitative part went pretty well, I framed the problem effectively, changed my hypothesis when the interviewer added new information, recognized a revenue cannibalization problem and sinergies in other revenue areas. All in all, the interviewer looked happy with my answers. BUT the quantitative part was a little MESS. He put me some pressure the last 10 minutes and I started to make very stupid mistakes like not being able to make 1% of 50 million…..I just got very emotional for 10 minutes. I got right 50% of calculations, for the other 50% the interviewer got me through. Let's say that there were 11 calculations to make and I got right 5-6 of them…
At the end, I concluded the case in the right way, giving the right recommandations and providing appropriate next steps.
At the end the interviewer asked me how it was and I said that the qualitative part was well done and the quantitative part was messed up because of emotions. He said “Yes, alright”.
The SECOND MANAGER looked not very interested about time passing. He talked a lot about the firm and asked me if I had questions first, so we had a nice talk about opportunities at Bain and what differenciates the firm from competition. It was a very friendly talk that lasted something like 20 minutes.
So, the SECOND CASE lasted 20-25 minutes. He just asked me to help a friend to open a car parking business in the Milan (Italy) citycenter. Let's try to make a P&L.
Again I framed the problem well and started discussing assumptions about number of parking slots, price per hour, opening hours, occupancy rate…and provided a raw estimate of max revenues per year. We did not have enough time to go trough costs, but I am sure that I mentioned the most relavant ones in the qualitative part. I MADE NO MATH MISTAKES IN THE SECOND CASE. So at the end the P&L wasn't complete but the calculations and assumptions made since the beginning were fairly accurate and the interviewer had a very friendly approach to me from the beginning to the end.
My simple question is: will I pass to the 2nd round considering the overall perfomance?
Thank you for the answer! Is a borderline pass something that could penalize my application even if the second round is well done? Or the second round will be an independent assessment? thank you