Numeracy questions: do I need to answer directly and to structure the solution or the interviewer will guide me?

Case Interview Numeracy
New answer on Aug 13, 2019
2 Answers
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Anonymous A asked on Aug 13, 2019

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Vlad
Expert
Content Creator
replied on Aug 13, 2019
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi,

Here is the approach:

  • You listen to the question
  • Think 10-30 secs and present the interviewer your approach (e.g. the exact formula or equation)
  • Check with the interviewer if that's the correct approach
  • Start doing the calculations and come back to the interviewer with some intermediate numbers to make sure you are on track
  • Present the final answer

Best!

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Gaurav
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replied on Aug 13, 2019
Ex-Mckinsey|Certified Career Coach |Placed 500+ candidates at MBB & other consultancies

Consulting is all about collaborative problem solving. Interviewer needs to be involved in the discussion. However, key question is where? How can you construct a conversation to showcase 1. Your ability to build logic 2. Client friendly communication (involving interviewer). I suggest the following:

Step 1: Make sure that you know the objective of the calculation. Why are you doing it? Where will it fit in the larger approach.

Step 2: Communicate your business logic and calculation formula to the interviewer and ensure he is fine with it.

Step 3: Ask if he has any data/exhibit on it or you should make assumptions

Step 4: As per his guidnace in Step 3, proceed with the claculations.

Step 5: Try and relate the calculation answer to the business objective with which you had started in Step 1.

Hope it helps. All the best!

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Vlad gave the best answer

Vlad

Content Creator
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
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