Bain Passion for Results (Corporate M&A and PE)

Bain DD internship M&A Passion for Results PE
New answer on Feb 10, 2021
3 Answers
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Leon asked on Feb 08, 2021

Hi,

do you know specific preparation pattern for M&A/PE related internships such as the Passion for Results from Bain?

How do they differ from the normal strategy consultant application process?

Best;
Leon

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Henning
Expert
updated an answer on Feb 08, 2021
Bain | passed >15 MBB interviews as a candidate

Passion for Results hat einen speziellen Fokus auf PE. Der Bewerbungsprozess umfrasst 3 Interviews, ich wuerde darueber hinaus davon ausgehen, dass die Cases im Interview die gleichen sind, wie fuer den generellen Bewerbungsprozess. Du solltest Dich auf regulaere Case-Interviews vorbereiten. Moeglicherweise ebenfalls mit Fokus auf PE cases, alledings nicht ausschliesslich.

Nachtrag: Bewerbungsschluss war gestern, ich vermute Du hasst die bereits beworben. Falls du noch nicht mit der Case-Vorbereitung begonnen hast, solltest du ASAP anfangen, da die Interviews bereits in 4 Wochen statt finden.

(edited)

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Leon on Feb 08, 2021

Hi Henning, danke für deine hilfreiche Antwort! Das werde ich in meiner Vorbereitung berücksichtigen. Ja genau die Bewerbung hab ich gestern abgeschickt. Werde mich nun auch auf die Cases stürzen. 4 Wochen werde ich dafür aber nicht haben. Ich arbeite noch Vollzeit (mit etwas Resturlaub) bei einem PE fund bis Ende des Monats. Meinst du echt 4 Wochen Vollzeit Vorbereitung ist nötig?

(edited)

Gaurav
Expert
Content Creator
replied on Feb 10, 2021
Ex-Mckinsey|Certified Career Coach |Placed 500+ candidates at MBB & other consultancies

Hi Leon!

You can practice just the classical cases and PE cases. The interview process won't be much different from any other internship in consulting, they are pretty standardized.

I don't know your level in case solving, but if you don't have much experience, I'd suggest you take some sessions with a professional coach. Once you got used to solving cases, you can solve them independently of the industry.

Cheers,

GB

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Clara
Expert
Content Creator
replied on Feb 09, 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

For what I know, in terms of topics, is not that different from the classical generalist path. The difference is that you will find more PE-related cases, but at least 50% are going to be the "classics" -see below in the post-.

Hence, you have 2 main workstreams ahead:

1. FIT INTERVIEW

The "Integrated FIT guide for MBB" has been recently published in PrepLounge´s shop (https://www.preplounge.com/en/shop/tests-2/integrated-fit-guide-for-mbb-34)

It provides an end-to-end preparation for all three MBB interviews, tackling each firms particularities and combining key concepts review and a hands-on methodology. Following the book, the candidate will prepare his/her stories by practicing with over 50 real questions and leveraging special frameworks and worksheets that guide step-by-step, developed by the author and her experience as a Master in Management professor and coach. Finally, as further guidance, the guide encompasses over 20 examples from real candidates.

You can see plenty of reviews from candidates who purchased it already.

Furthermore, you can find 2 free cases in the PrepL case regarding FIT preparation:

Intro and CV questions > https://www.preplounge.com/en/management-consulting-cases/fit-interview/intermediate/introduction-and-cv-questions-fit-interview-preparation-200

Motivational questions > https://www.preplounge.com/en/management-consulting-cases/fit-interview/intermediate/motivational-questions-fit-interview-preparation-201

Behavioural questions (ENTREPRENEURIAL DRIVE) >https://www.preplounge.com/en/management-consulting-cases/fit-interview/intermediate/behavioral-questions-entrepreneurial-drive-fit-interview-preparation-211

Feel free to PM me for disccount codes, since we still have some left from the launch! :)

2. BUSINESS CASE

You don´t have any more time to the classics of Viktor Cheng, "Case in point" book, etc. You need to get hands on asap:

1. Practice cases with partners asap, as many as you can do.Find experienced partners who can provide a good feedback

2. Practice your math skills, both in your cases and with ad hoc exercisess, such as:

1. ​Multiplying double digit numbers (https://www.youtube.com/watch?v=6ndkkPZYJHo

2. Leveraging math tools (Mimir math for iOS), Math tool on Viktor Cheng website to practice

Furthermore, you should practice as much as you can, and ensure that you cover:

1. Profitability cases- basic profitability framework.

2. Idea generation cases: for any specif issue

3. Growth cases: market penetration, new product launch, product mix change, etc.

4. Pricing cases

5. M&A cases

6. Valuation cases

7. Value chain cases

Given you are under this much time contraint and you have arround a month, consider working with a coach to foster speed and ensure you have a tailored plan to be very targeted. PM me interested!

Hope it helps!

Cheers,

Clara

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Henning gave the best answer

Henning

Bain | passed >15 MBB interviews as a candidate
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