James
Expert
Oliver Wyman (FS, Dubai) | Cambridge (Economics)
Book a coaching

Any advice for Oliver Wyman first round of interviews?

Louay asked on Aug 14, 2018 - 2 answers
  • Upvotes
  • Date ascending
  • Date descending
James
Expert
replied on Aug 23, 2018
Oliver Wyman (FS, Dubai) | Cambridge (Economics)

Hi Louay,

In addition to Vlad's contribution, I can offer the following advice based on my experience with OW Dubai and London:

  1. Prepare for brainteasers - these seem less frequent recently, but are still common amongst interviewers
  2. Take the initiative and provide precise quantative answers - OW interviewers will frequently ask for precise results (e.g. to 3 decimal points), rather than for approximate figures
  3. Demonstrate the firm's value proposition to you - solid reasons why OW stands out to you will go a long way (e.g. positioning in Financial Services, flexible Global Staffing Model, growth rate)

Feel free to reach out offline if you have any specific questions on the firm or the geography you are applying to. Best of luck!

Vlad replied on Aug 15, 2018
McKinsey / Accenture / Got all BIG3 offers / More than 300 real MBB cases / Harvard Business School

Hi,

Several things:

  1. You can have some "strange" fit questions, like "What you will do if you become a president". Seems you can't prepare for these
  2. Most probably you will have several brainteasers, so read the books "How to ace brain teasers interview" and "Are you smart to work at Google?"
  3. In addition to regular cases prepare for market sizing since this is the most common type in unstructured interviews
  4. Since Oliver Wyman is heavily specialized in banking - learn a lot about it. (i.e. corporate and retail banking products, how bank accounts profit = interest income + commission income + transaction income - funding costs - provisions - FC, etc)

Best,

Related BootCamp article(s)

Which companies are currently using written tests ?

All major firms like McKinsey, BCG and Bain use tests to assess a candidate's analytical skills. However the design of those tests can differ a lot.

15 Comment(s)

Related case(s)

Your client, large automotive OEM WyCar, has developed its first fully electric vehicle (EV) and introduced it as a pilot on the Austrian market last year. However, sales have been far below the expected numbers. The management has engaged you to support them in understanding the reasons and advise ... Open whole case

Oliver Wyman case: Setting up a Wine Cellar

Solved 30.3k times
4.3 5 3248
| Rating: (4.3 / 5.0)

I’m thinking about setting up a wine cellar in my basement. The way I see it, shelf space would be divided into two sections: (1) a “drinking” section where I store bottles for my own consumption and (2) an “investment” section where I store bottles that I intend to sell at a profit after they appre ... Open whole case

Oliver Wyman case: On the Right Track

Solved 26.2k times
4.6 5 3820
| Rating: (4.6 / 5.0)

TrainCo is a manufacturer of rolling stock, or trains, with production sites in three European countries. The company has seen declining profitability over the past years; however, they are currently in a very good position to bid for and win a big contract for regional trains for a Swiss national r ... Open whole case