Consulting Q&A – Ask Questions about Your Career

In this overview, you will find all the questions asked so far by the PrepLounge community. Anyone can ask questions and write answers. Our coaches are also happy to share their expertise. If you like an answer, give it an upvote so that it rises to the top. Here you can also find our guidelines and FAQs for the Consulting Q&A.

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OW presentation (not case interview) in Round 2 for Experienced Hire

Analytical Skills Experienced Hire Oliver Wyman presentation
Most recent answer on Mar 12, 2024
The best answer (on Mar 12, 2024) is from:
Dennis
Expert
Ex-Roland Berger|Project Manager and Recruiter|7+ years of consulting experience in USA and Europe
Dennis
Expert
gave the best answer on Mar 12, 2024
Ex-Roland Berger|Project Manager and Recruiter|7+ years of consulting experience in USA and Europe
Hi there, in addition to all the comments and explanations, find below an exemplary case that can be used to practice such a presentation interview format. https://www.preplounge.com/de/case-sammlung/candidate-led-uebli ... (read entire answer)
6
Answers
1.4 k
Views
23
Total Upvotes
on Mar 12, 2024 on Mar 12, 2024
Last Activity

Deloitte leadership hiring - data Analytics

Analytical Skills Big 4 consulting Data Analysis Deloitte Middle East
Most recent answer on Nov 28, 2023
The best answer (on Nov 24, 2023) is from:
Hagen
Expert
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hagen
Expert
gave the best answer on Nov 24, 2023
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hi there, First of all, congratulations on the invitation from Deloitte! I would be happy to share my thoughts on your situation: First of all, I would highly advise you to reach out to the recruiter immediately to get ... (read entire answer)
4
Answers
315
Views
49
Total Upvotes
on Nov 28, 2023 on Nov 28, 2023
Last Activity

Case preparation

Analytical Skills
Most recent answer on Jul 24, 2023
The best answer (on Jul 24, 2023) is from:
Sofia
Expert
Top-Ranked Coach on PrepLounge for 3 years| McKinsey San Francisco | Harvard graduate | 6+ years of coaching
Sofia
Expert
gave the best answer on Jul 24, 2023
Top-Ranked Coach on PrepLounge for 3 years| McKinsey San Francisco | Harvard graduate | 6+ years of coaching
Hello, My first question would be - do you know what it is that slows you down during the case? What feedback have coaches given you so far?  If it's a particular part of the case (e.g., math or creating the initial fra ... (read entire answer)
6
Answers
250
Views
54
Total Upvotes
on Jul 24, 2023 on Jul 24, 2023
Last Activity

Advanced Analytics/Machine Learning Casing

Analytical Skills big data Technical Experience Interview
Most recent answer on Dec 08, 2022
The best answer (on Jan 17, 2022) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Jan 17, 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi Daniel, Feel free to reach out to me! I have a background in data analytics (worked for Quantium, specialized in data analytics at Stern, and worked on a few projects with BCG Gamma). Happy to be of service!
2
Answers
699
Views
8
Total Upvotes
on Dec 08, 2022 on Dec 08, 2022
Last Activity

Number of train cars needed

Analytical Skills
Most recent answer on Aug 17, 2021
The best answer (on Aug 16, 2021) is from:
Agrim
Expert
BCG Dubai Project Leader | Learn to think like a Consultant | Free personalised prep plan | 6+ years in Consulting
Agrim
Expert
gave the best answer on Aug 16, 2021
BCG Dubai Project Leader | Learn to think like a Consultant | Free personalised prep plan | 6+ years in Consulting
Each train will be able to do 3 trips to downtown between 7 am and 9 am. So you will need 3 times fewer trains. 7-9 am is already peak time - you can assume any kind of distribution of passengers during those 2 hours.
3
Answers
801
Views
36
Total Upvotes
on Aug 17, 2021 on Aug 17, 2021
Last Activity

Validating Assumptions for market sizing

Analytical Skills
Most recent answer on Aug 13, 2021
The best answer (on Aug 12, 2021) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Aug 12, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, Unfortunately no you cannot! One of the main points of market sizing is to assess whether you can approach the problem and make reasonable assumptions on your own. To help, what might be a way to figure out if ... (read entire answer)
2
Answers
1.0 k
Views
15
Total Upvotes
on Aug 13, 2021 on Aug 13, 2021
Last Activity

Change through ratios vs change through subtraction

Analytical Skills
Most recent answer on Aug 12, 2021
The best answer (on Aug 12, 2021) is from:
Sidi
Expert
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Sidi
Expert
gave the best answer on Aug 12, 2021
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Hi! You need to get your numbers right! This is not a 10% decrease, but a 10 PERCENTAGE POINT decrease! That's a very important differentiation! So if the number of buyers decreases from 50% to 40%, this is a decline of ... (read entire answer)
3
Answers
616
Views
1
Total Upvotes
on Aug 12, 2021 on Aug 12, 2021
Last Activity

Driving a case

Analytical Skills
Most recent answer on Aug 09, 2021
The best answer (on Aug 09, 2021) is from:
Sidi
Expert
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Sidi
Expert
gave the best answer on Aug 09, 2021
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Hi! I believe you don't yet understand how to approach strategic problems. Let me reinforce what Ian already said: Your structure is NOT buckets of ideas!   In essence, this question belongs into the family of brainstor ... (read entire answer)
3
Answers
781
Views
57
Total Upvotes
on Aug 09, 2021 on Aug 09, 2021
Last Activity

Recommendation next steps

Analytical Skills
Most recent answer on Aug 09, 2021
The best answer (on Aug 06, 2021) is from:
Sofia
Expert
Top-Ranked Coach on PrepLounge for 3 years| McKinsey San Francisco | Harvard graduate | 6+ years of coaching
Sofia
Expert
gave the best answer on Aug 06, 2021
Top-Ranked Coach on PrepLounge for 3 years| McKinsey San Francisco | Harvard graduate | 6+ years of coaching
Hello! It definitely depends on the case. In general I would say that your recommendation can be linked to the risks, but it certainly doesn't have to be.  My best advice for the recommendation is to mention risks, but ... (read entire answer)
5
Answers
1.2 k
Views
51
Total Upvotes
on Aug 09, 2021 on Aug 09, 2021
Last Activity

Kellogg 2020

Analytical Skills
Most recent answer on Aug 05, 2021
The best answer (on Aug 05, 2021) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Aug 05, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, Actually I would say yes! Kellogg is in my top 5 list of casebooks. I think they're quite well-written, diverse, and well organized. Of course, much more important than the case itself is how you're cased. The ... (read entire answer)
2
Answers
1.4 k
Views
18
Total Upvotes
on Aug 05, 2021 on Aug 05, 2021
Last Activity

How to improve the analysis? or So what?

Analytical Skills Case Interview
Most recent answer on Jul 12, 2021
The best answer (on Jul 12, 2021) is from:
Allen
Expert
Ex-McK Experienced Hire and EM - I show you how to perform at your best
Allen
Expert
gave the best answer on Jul 12, 2021
Ex-McK Experienced Hire and EM - I show you how to perform at your best
Floyd, The simplest answer to your question is to realize that the exhibit will always impact the objectives of the case.  After you interpret the exhibit, consider the question you are trying to answer and objectives ... (read entire answer)
5
Answers
704
Views
50
Total Upvotes
on Jul 12, 2021 on Jul 12, 2021
Last Activity

Consulting Skill-Set

Analytical Skills consultingskills Presentation skill
Most recent answer on Jan 09, 2021
The best answer (on Jan 02, 2021) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Jan 02, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, MOST IMPORTANTLY: Know that no-one can perfectly prepare for the job and that's the point: You will mess up, you will learn, you will be trained and supported. That's OK! -------------------------------- ... (read entire answer)
6
Answers
1.0 k
Views
81
Total Upvotes
on Jan 09, 2021 on Jan 09, 2021
Last Activity

How can I equip myself with consulting skills as much as possible when I work at corporate/tech?

Analytical Skills soft skills
Most recent answer on Nov 02, 2020
The best answer (on Nov 01, 2020) is from:
Adi
Expert
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
Adi
Expert
gave the best answer on Nov 01, 2020
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
You could take one of two approaches: 1. Understand the skills consulting companies look for (problem solving, structured thinking, relationship/trust building, comunication etc) and look for opportunities/projects in ... (read entire answer)
4
Answers
1.1 k
Views
33
Total Upvotes
on Nov 02, 2020 on Nov 02, 2020
Last Activity

How to get quicker at Excel and PowerPoint for Consulting

Analytical Skills Data Analysis Excel McKinsey PowerPoint
Most recent answer on Jun 08, 2020
The best answer (on Feb 07, 2018) is from:
Vlad
Expert
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Expert
gave the best answer on Feb 07, 2018
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Hi, 1) Excel and Financial modeling - the best course I know is Training The Street. Take Financial Modeling, Valuation, Maybe LBO. They have the amazing templates that you have to repsoduce to be able to do that fast ... (read entire answer)
9
Answers
14.2 k
Views
30
Total Upvotes
on Jun 08, 2020 on Jun 08, 2020
Last Activity
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