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. Here you can also find our guidelines and FAQs for the Consulting Q&A.

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Master the McKinsey PEI with Cristians new Guide and Video Course

Guides McKinsey video
Most recent answer on Feb 27, 2024
Charlotte
Premium
Skilled
asked on Feb 27, 2024
Coaching Program Manager at PrepLounge
The average candidate invests only 10-20% of their total preparation time for the PEI. As a consequence, candidates often fail because of the PEI instead of the case component of the interview. They struggle to understand the expectations from McKinsey PEI stories, what granularity is required and how to go about developing them. This package is an end-to-end solution for your McKinsey PEI preparation and the most comprehensive and up-to-date PEI course on the market. It aims to be straight to the point: no fluff. The core material is a ~50-page guide, including a 1.5-hour video walkthrough. ... (read entire question)
1
Answer
72
Views
6
Total Upvotes
on Feb 27, 2024 on Feb 27, 2024
Last Activity

How to break into the interview? or pass the resume filtering?

Addressing interviewer Application application strength Consulting Resume
Question edited 59 minutes ago
Anonymous A asked 3 hours ago
Hi All, my intro: I am a graduate student from Columbia University. My previous experience was in headhunter industry(top recruitment companies, 5 years), basically about communication, project management, negotiation, ... (read entire question)
2
Answers
15
Views
0
Total Upvotes
59 min ago 59 minutes ago
Last Activity

McKinsey OEP first round Interview

McKinsey case interview McKinsey first round Mckinsey operations
Most recent answer 59 minutes ago
Gianmarco asked 2 hours ago
Currently prepping for MBB
Hi everyone, I have the first round interview coming up for the junior supply chain management consulting position (OEP) in Mckinsey.  Does anyone know how much knowledge I am expected to have about supply chain managem ... (read entire question)
1
Answer
7
Views
0
Total Upvotes
59 min ago 59 minutes ago
Last Activity

Annual Savings calculation?

MBB - Sky China
Most recent answer 1 hour ago
The best answer (1 hour ago) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer 1 hour ago
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, Thanks for the question on my case :) Basically, there are 2 cost reduction types: Short-term/Immediate and Long-Term/continuous. Short term cost reductions can be measured in just 1 year (so, multiply the ann ... (read entire answer)
1
Answer
10
Views
1
Total Upvotes
1 hr ago 1 hour ago
Last Activity

Consulting to industry question

associate consultant Healthcare industry
Most recent answer 1 hour ago
The best answer (8 hours ago) is from:
Cristian
Expert
#1 rated MBB & McKinsey Coach
Cristian
Expert
gave the best answer 8 hours ago
#1 rated MBB & McKinsey Coach
To my knowledge, yes, it should be ok.  You are within your rights to be applying for jobs as you wish. As long as you didn't sign any specific documents with your current employer that you will not apply for a job with ... (read entire answer)
2
Answers
30
Views
1
Total Upvotes
1 hr ago 1 hour ago
Last Activity

Applying for a summer associate v/s associate directly- Soon to be PhD seeking career advice

Career Advising MBB PhDtoConsulting
Most recent answer 1 hour ago
The best answer (10 hours ago) is from:
Florian
Expert
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets
Florian
Expert
gave the best answer 10 hours ago
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets
Hi there, I like your thorough planning and well-prepared approach. Your profile is definitely well-suited for MBB! Regarding your question: This largely depends on the firm, country, and office location as this is not ... (read entire answer)
2
Answers
33
Views
1
Total Upvotes
1 hr ago 1 hour ago
Last Activity

Cases on supply chain and procurement and cost reduction?

approaching a case Practice cases
Most recent answer 11 hours ago
The best answer (15 hours ago) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer 15 hours ago
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, Remember for procurement/supply chain, first you need to ask objective. In general this will either be "Reducing Costs" or "Fixing/Optimizing Production" Within Reducing Costs, this could be contract renegotia ... (read entire answer)
2
Answers
34
Views
4
Total Upvotes
11 hrs ago 11 hours ago
Last Activity

ABOUT CASES

BCG BCG Case Interview Cases
Most recent answer 11 hours ago
Anonymous B gave the best answer 22 hours ago
It’s really dependent on how quickly you grasp the basics and how quickly you’re able to tailor it towards the cases you do. One friend of mine spent the entire summer prepping to get good enough to prep with an actual ... (read entire answer)
5
Answers
53
Views
11
Total Upvotes
11 hrs ago 11 hours ago
Last Activity

Case Interview Internal Strategy Department

Corporate Strategy
Most recent answer 11 hours ago
The best answer (on Feb 23, 2024) is from:
Gero
Expert
Ex-BCG │200+ Interviews & Interview Coachings @ BCG │ 20+ candidates coached into MBB │WHU/LSE/Nova │ Teacher & Trainer
Gero
Expert
gave the best answer on Feb 23, 2024
Ex-BCG │200+ Interviews & Interview Coachings @ BCG │ 20+ candidates coached into MBB │WHU/LSE/Nova │ Teacher & Trainer
Hello there, One advice I have is to consider the consulting origins of members of the strategy unit. Similiar to Inhouse Consultancies, due to network effects these units often attract alumns from one or two major cons ... (read entire answer)
8
Answers
54
Views
69
Total Upvotes
11 hrs ago 11 hours ago
Last Activity

Seniority negotiation

MBB negotiatian seniority
Most recent answer 11 hours ago
The best answer (on Feb 25, 2024) is from:
Benjamin
Expert
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer
Benjamin
Expert
gave the best answer on Feb 25, 2024
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer
Hi, Based on my experience, I would strongly suggest you take the C1 (consultant 1st year) position.  6 years industry experience is similar to those who go through the MBA route (the average YOE for top schools is ofte ... (read entire answer)
8
Answers
87
Views
76
Total Upvotes
11 hrs ago 11 hours ago
Last Activity

Do Bloodhunt hacks give you an advantage?

game
Most recent answer 11 hours ago
The best answer (16 hours ago) is from:
Celly
Celly gave the best answer 16 hours ago
Hello. The allure of shortcuts to winning a game can be tempting, especially when you're faced with seemingly insurmountable challenges. Initially attracted by the lure of easy victories, I soon realized the fullness of ... (read entire answer)
2
Answers
28
Views
4
Total Upvotes
11 hrs ago 11 hours ago
Last Activity

Brainstorming vs Frameworks

brainstorming questions
Most recent answer 11 hours ago
The best answer (on Feb 22, 2024) is from:
Sascha
Expert
Accenture | Digital Strategist | Empathic Case & Career Coach | Personalized sessions & training
Sascha
Expert
gave the best answer on Feb 22, 2024
Accenture | Digital Strategist | Empathic Case & Career Coach | Personalized sessions & training
Hey there 👋, Brainstorming and using Frameworks are not mutually exclusive. When you utilize a framework, sometimes it is necessary to brainstorm some ideas within different stages of the framework. For example if you u ... (read entire answer)
9
Answers
76
Views
89
Total Upvotes
11 hrs ago 11 hours ago
Last Activity

PwC Middle East EDGE (Deals Graduate - Transaction Services)

case study Deals graduate PwC PwC Interview
Most recent answer 11 hours ago
The best answer (on Feb 22, 2024) is from:
Cristian
Expert
#1 rated MBB & McKinsey Coach
Cristian
Expert
gave the best answer on Feb 22, 2024
#1 rated MBB & McKinsey Coach
Hi there,  I had one candidate who applied for the exact same division within ME, and the cases he received were all from within PE, M&A, and transactions area.  I wouldn't take it as a given, though. Please reach o ... (read entire answer)
4
Answers
60
Views
32
Total Upvotes
11 hrs ago 11 hours ago
Last Activity

Adding experience in Blockchain and Cryptocurrency in CV?

CV Investment MBB
Question edited 11 hours ago
The best answer (on Feb 22, 2024) is from:
Florian
Expert
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets
Florian
Expert
gave the best answer on Feb 22, 2024
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets
Hi there, Great idea to add it. Expertise in this area is in high demand yet MBB has very little in-house knowledge still. If you add it, there are a few points to consider. 1. Downplay the investor aspect in this. Ever ... (read entire answer)
6
Answers
63
Views
55
Total Upvotes
11 hrs ago 11 hours ago
Last Activity

Bain Nordics vs Middle East

Bain & Company Middle East nordic recruiting
Most recent answer 11 hours ago
The best answer (on Feb 19, 2024) is from:
Cristian
Expert
#1 rated MBB & McKinsey Coach
Cristian
Expert
gave the best answer on Feb 19, 2024
#1 rated MBB & McKinsey Coach
Hi there! Happy to provide a perspective.  1 - which office. Always go for an office where you can demonstrate a link. If you have no connection to ME (nationality, having lived there, worked there, having family there ... (read entire answer)
4
Answers
93
Views
29
Total Upvotes
11 hrs ago 11 hours ago
Last Activity

How to make sure my partner has a good case

case partner
Question edited 11 hours ago
The best answer (on Feb 22, 2024) is from:
Florian
Expert
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets
Florian
Expert
gave the best answer on Feb 22, 2024
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets
Hi there, I'd suggest having short intro calls - also with case partners talking about the logistics of the session: - What type of cases and quality - Interview/er experience - Availability of a realistic score sheet E ... (read entire answer)
7
Answers
71
Views
56
Total Upvotes
11 hrs ago 11 hours ago
Last Activity

Terminology BCG opposed to other firms

BCG BCG Case Interview
Most recent answer 11 hours ago
The best answer (on Feb 19, 2024) is from:
Gero
Expert
Ex-BCG │200+ Interviews & Interview Coachings @ BCG │ 20+ candidates coached into MBB │WHU/LSE/Nova │ Teacher & Trainer
Gero
Expert
gave the best answer on Feb 19, 2024
Ex-BCG │200+ Interviews & Interview Coachings @ BCG │ 20+ candidates coached into MBB │WHU/LSE/Nova │ Teacher & Trainer
Hi there, I agree with Avinash here. It is totally expected that you apply to different firms and, in general, you do not have to learn a specific firm's language to be successful! That being said, you should nonetheles ... (read entire answer)
10
Answers
121
Views
92
Total Upvotes
11 hrs ago 11 hours ago
Last Activity

Interviewer said hope to see you in the internship

Final Round MBB Interview
Most recent answer 11 hours ago
The best answer (on Feb 22, 2024) is from:
Emre
Expert
14 years | Ex-BCG | Managing Associate Partner | Recruiting team leader
Emre
Expert
gave the best answer on Feb 22, 2024
14 years | Ex-BCG | Managing Associate Partner | Recruiting team leader
First off, congratulations on this positive experience! It is not very common to come out of the interview process feeling energized - it is a very positive sign. That being said, it is wise to interpret the feedback ju ... (read entire answer)
8
Answers
82
Views
69
Total Upvotes
11 hrs ago 11 hours ago
Last Activity

Final round partner interview @ Big four (conlsuting)

big four consulting Final Round Result
Most recent answer 11 hours ago
The best answer (on Feb 18, 2024) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Feb 18, 2024
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi Sabrina, Deep breaths! Sounds like you did well :) And you've worked hard to get here. Remember that these things take time (they need to find time to get together + discuss, they have to tell HR, a contract has to b ... (read entire answer)
5
Answers
101
Views
29
Total Upvotes
11 hrs ago 11 hours ago
Last Activity

Mckinsey Case interviews

McKinsey mckinsey 1st round interview McKinsey casing summer internship Mckinsey middle east
Most recent answer 12 hours ago
The best answer (on Feb 19, 2024) is from:
Florian
Expert
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets
Florian
Expert
gave the best answer on Feb 19, 2024
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets
Hi there, You can find more information about McKinsey interviews here based on the articles I wrote for PrepLounge (not sure who Eric is?) McKinsey Case Interview Personal Experience Interview What is important to know ... (read entire answer)
7
Answers
127
Views
61
Total Upvotes
12 hrs ago 12 hours ago
Last Activity
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