Thank you so much.. I really appreciate. I have started with Victor's videos. They are really insightful.
Hi,
I recommend the following approach:
1) Start with "Case in point" book - you can download this book for free everywhere. It's not the best guide on how you should approach the cases, however, it will give you the basic understanding.
2) Start practicing cases with partners here or find them locally. !!! Find experienced partners or coaches who can provide a good feedback!!!
3) Purchase and read Viktor Cheng Book (Amazon Kindle store) and listen to LOMS (his website). I recommend to reread the book and listen to LOMS every 15 cases. Every time, having more experience, you’ll be finding something new.
4) Practice fast math
5) Below you can find a list of the most common case types and some high-level recommendations on structuring:
6) Also, I would try to focus on the most common industries in the following priority(sorted by probability of getting a case): 1-retail and CPG; 2-airlines; 3-Telecom; 4-banking; 5-natural resources; 6-tech
7) After solving 15-20 cases start preparation for the tests (Serch for PST / BCG online test here on preplounge)
8) ! Important: don't forget about the FIT interview part. Crafting you stories and backups stories will require a couple of weeks!
PS
Here is a good list of articles regarding the different parts of the case:
1) Start with clarifying questions:
https://www.preplounge.com/en/consulting-forum/clarifying-questions-1786#a3956
2) Communicating while structuring. Here is a long post by me on how to communicate the structure during the case study:
3) Using hypothesis. I made a post about hypothesis here:
4) Communicating while making calculations:
5) Communicating during the analysis of graphs / tables
6) Communicating while having questions on creativity
7) Communicating your conclusion. You can find a good example I've posted here:
8) Communicating your FIT stories
Use the top-down approach while communicating your stories. "The Pyramid Principle" is the must-read by ex McKinsey on this topic.
I recommend using the STAR framework:
Best!
Talk to current consultants to be sure it's what you want to do. I know a bunch of ex-McK consultants who moved to banking and have never been happier. Try (very hard) to not be blinded by the prestige on MBB.
If you're 100% sure, check out Victor cheng's material (videos, etc), Case in Point, and the Vault Case Interview Guide. Also stay up-to-date on the economy and industry trends.
And have fun with case prep. The more you do them, the more fun they become, which will make you interview process easier.
Thank you so much.. I really appreciate. I have started with Victor's videos. They are really insightful.
Thank you so much. I find Case in Point very useful. I also trust that you could assist too. sometime with practice and mock interviews. Thanks again.