In general your preparation for Life Science Consulting should not differ from a methodological perspective. However, you should try to have a good understanding of what a life science practice of an external consulting firm (e.g. MBB) covers or what focus areas an inhouse consulting company has (e.g. Bayer Business Consulting). Ususally you can find this information online on the company websites. In addition, some high-level recommendations:
- Try to be informed on the overall industry, its different areas, such as pharmaceuticals, biotechnology, medical technology, distribution and consumer health.
- See if there are current trends relevant for the industry by media research.
- Understand on a high-level the different revenue streams (i.e. identify differences between B2B and B2C).
I hope this short reply is already helpful. Good luck for your interviews!