If you have used the replacement concept in an interview for MBB, could you share: 1) did it work? 2) did the interviewer ask you to use a different method instead?
If you have used the replacement concept in an interview for MBB, could you share: 1) did it work? 2) did the interviewer ask you to use a different method instead?
Hi,
Replacement concept is just one of the tool, that you should use in combination with the other tools. In other words, it's not a magic pill (And yes it works)
1) First of all, there are 2 ways to structure market sizing:
2) You should learn the key market sizing techniques:
3) You should learn the key tools:
4) Learn key numbers: populations, gas price, gas consumption, Boeing speed and nmber of seats, average salary, # of gates in the airport, GDP growth rate, inflation, etc.
5) Practice 10-15 cases and you'll be fine. Almost all casebooks have good market sizing examples and the solutions
Feel free to PM for clarifications
Good Luck!