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Stax Consulting Interview

Interview
New answer on Feb 16, 2021
4 Answers
1.9 k Views
Anonymous A asked on Feb 14, 2021

Hi,

Does anyone know what kind of case studies will be asked by Stax Inc (boutique firm from Boston)? Any advice on the interview process would help.

Overview of answers

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Best answer
Clara
Expert
Content Creator
replied on Feb 15, 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello (from Boston too) :)

Unfortunately, I have not interviewed with Stax Consulting. However, with what I know aobut them and what you can learn in Google, I am most certain that the interview type is going to mirror the MBB/consulting in general one.

Hence, you have 2 main workstreams ahead:

1. FIT INTERVIEW

The "Integrated FIT guide for MBB" has been recently published in PrepLounge´s shop (https://www.preplounge.com/en/shop/tests-2/integrated-fit-guide-for-mbb-34)

It provides an end-to-end preparation for all three MBB interviews, tackling each firms particularities and combining key concepts review and a hands-on methodology. Following the book, the candidate will prepare his/her stories by practicing with over 50 real questions and leveraging special frameworks and worksheets that guide step-by-step, developed by the author and her experience as a Master in Management professor and coach. Finally, as further guidance, the guide encompasses over 20 examples from real candidates.

You can see plenty of reviews from candidates who purchased it already.

Furthermore, you can find 2 free cases in the PrepL case regarding FIT preparation:

Feel free to PM me for disccount codes, since we still have some left from the launch! :)

2. BUSINESS CASE You need to get hands on asap:

1. Practice cases with partners asap, as many as you can do.Find experienced partners who can provide a good feedback

2. Practice your math skills, both in your cases and with ad hoc exercisess, such as:

1. ​Multiplying double digit numbers (https://www.youtube.com/watch?v=6ndkkPZYJHo

2. Leveraging math tools (Mimir math for iOS), Math tool on Viktor Cheng website to practice

Furthermore, you should practice as much as you can, and ensure that you cover:

1. Profitability cases- basic profitability framework.

2. Idea generation cases: for any specif issue

3. Growth cases: market penetration, new product launch, product mix change, etc.

4. Pricing cases

5. M&A cases

6. Valuation cases

7. Value chain cases

Perhaps you also want to consider working with a coach to foster speed and ensure you have a tailored plan to be very targeted. PM me interested!

Hope it helps!

Cheers,

Clara

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Antonello
Expert
Content Creator
replied on Feb 16, 2021
McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching

Hi, it strongly depends on the interviewer. Very often, from a consultant coming from large strategy firms, a classical interview can be expected (fit + business case).

Best,
Antonello

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Gaurav
Expert
Content Creator
replied on Feb 16, 2021
Ex-Mckinsey|Certified Career Coach |Placed 500+ candidates at MBB & other consultancies

Hi there,

I suggest you prepare as you would do for any other consulting interview, i.e.

  • FIT part
  • Case
  • Your questions to the interviewer

Please use the search function on preplounge Q&A to find out more about each part.

For the case, you can also practice them on Preplounge. Here is a good article on case solving:

https://www.preplounge.com/en/bootcamp.php/interview-first-aid/crack-the-case-interview/approaching-a-case

Start by studying this one but don't waste your time studying plain theory because case solving is all about PRACTICE.

Here are some cases you might want to look at:

For Beginner level:

Laundry Chain - Revenue Increase

https://www.preplounge.com/en/management-consulting-cases/interviewer-led-mckinsey-style/beginner/laundry-chain-revenue-increase-215

Launching Caskets in North Africa

https://www.preplounge.com/en/admin/cases.php?action=preview&id=225

For Intermediate level:

Grain Co-operative – Brand Launch

https://www.preplounge.com/en/management-consulting-cases/interviewer-led-mckinsey-style/intermediate/grain-co-operative-brand-launch-217

Case with a twist: Chinese Alloy Wheels – US Market Entry

https://www.preplounge.com/en/admin/cases.php?action=preview&id=226

I suggest you start with the intermediate level after you are confident with the beginner ones.

Hope it was helpful,

GB

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Ian
Expert
Content Creator
replied on Feb 15, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

Looks like you'll have the classic fit + case interview. In addition to that, looks like there's and excel test:

https://www.glassdoor.com/Interview/Stax-Inc.-Interview-Questions-E146618.htm

Your cases should be across any/all of the following topics:

  • PE
  • Growth
  • Operations
  • Divestment
  • Data & Analytics

And the following industries:

  • Software
  • Tech
  • Healthcare
  • Business Services
  • Industrials
  • Consumer products
  • Retail
  • Education

Feel free to PM for any cases around these topics/industries, deep-dives, frameworks, etc.!

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