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Oliver Wyman Financial Services

Hi community,

I am preparing for the entry level consultant role in Oliver Wyman Financial Services and I have couple of quetions:

  • I don't have a Finance or Economics major and I don't have any work experience in the financial services industry. Would that be a problem? Do they expect you to know the industry well?
  • I have recently interviewed with Bain, should I expect similar case questions in OW FS? Or are the cases mainly focused on Financial Services?
  • Finally, how should I prepare for it? Do I have to do anything different than MBB preparation? (focusing on FS cases or taking some online courses about the industry etc.)

Your answers will be really helpful.

Many Thanks!

Hi community,

I am preparing for the entry level consultant role in Oliver Wyman Financial Services and I have couple of quetions:

  • I don't have a Finance or Economics major and I don't have any work experience in the financial services industry. Would that be a problem? Do they expect you to know the industry well?
  • I have recently interviewed with Bain, should I expect similar case questions in OW FS? Or are the cases mainly focused on Financial Services?
  • Finally, how should I prepare for it? Do I have to do anything different than MBB preparation? (focusing on FS cases or taking some online courses about the industry etc.)

Your answers will be really helpful.

Many Thanks!

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Hi Anonymous,

I replied below to your questions:

  1. So far that you have been invited, the case performance is the only thing that matters; this means that if you practice cases on the banking and insurance industries (likely to be present in the interviews) and develop a basic knowledge related to them you should be fine even if you don’t have an Economics/Finance background
  2. You will likely get financial sector cases but not necessarily that only. I interviewed with OW FS and I got questions related to banking, insurance and market sizing, however I helped several other candidates for OW FS and they also got questions related to other sectors. For more information please feel free to PM, I have 15+ case questions they recently asked
  3. Standard preparation similar to the one for MBB with a bit more focus on financial sector cases should be fine

Best,

Francesco

Hi Anonymous,

I replied below to your questions:

  1. So far that you have been invited, the case performance is the only thing that matters; this means that if you practice cases on the banking and insurance industries (likely to be present in the interviews) and develop a basic knowledge related to them you should be fine even if you don’t have an Economics/Finance background
  2. You will likely get financial sector cases but not necessarily that only. I interviewed with OW FS and I got questions related to banking, insurance and market sizing, however I helped several other candidates for OW FS and they also got questions related to other sectors. For more information please feel free to PM, I have 15+ case questions they recently asked
  3. Standard preparation similar to the one for MBB with a bit more focus on financial sector cases should be fine

Best,

Francesco

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