I am a masters student aiming for ACI internships for july 2020, I have almost 1 year in hand.
Please suggest me how to proceed apart from practising cases!?
Any leads woulds be welcomed with open brain.
Hey Serhat
I am a masters student aiming for ACI internships for july 2020, I have almost 1 year in hand.
Please suggest me how to proceed apart from practising cases!?
Any leads woulds be welcomed with open brain.
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) ! 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!
Hi Suyash,
It is great that you are asking this question 1 year before than your interview! So you have a great chance. When it comes to prep roadmap, it needs to be tailored. Everybody has different improvement areas and you should create your roadmap based on your improvement areas. I am happy to offer you free 15 min call to define your high level roadmap together. Please let me know if you are interested.
Cheers
Serhat
Hey Serhat
Thanks a lot for being interested in my question and offering me your aid. It would be a pleasure talking to you regarding the same. We can discuss the availability and have a call.
Thanks a lot Vlad for such a detailed answer. One more doubt I have, if I am aiming for July 2020, when is the correct time to apply?