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Tag: "Case Interview"
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Case Interview

    If case interviews are given by project leaders and above, then how do coaches who are not project leaders coach?

    Case Interview coach coaching
    Most recent answer on Aug 02, 2021
    <p>Hi, sorry if my question sounded rude.<br> <br> I was wondering if project leaders and above usually give case interviews, then what gives validity to the coaches who have not worked in a similar role before to coach potential candidates?<br> <br> Appreciate any answers to build my understanding of this topic.</p>
    Hi! I agree with the underlying premise of your question, but your facts are not entirely correct. Usually, you can start interviewing after about 2 years tenure (there are rare exceptions when MBB interviewers are mo ... (read entire answer)
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    on Aug 02, 2021
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    Asked an associate about case interviews, he pointed me to Victor Cheng?

    Case Interview Victor Cheng
    Most recent answer on Jul 30, 2021
    <p>I asked an associate at an MBB firm on case interviews and he pointed me to victor cheng's YouTube videos.</p> <p>I'm puzzled as to why coaches on PrepLounge don't really recommend Victor Cheng but MBB associates do?</p>
    Hey there, Victor Cheng was mostly useful 10 years ago. Mind that he worked at McKinsey before the turn of the century (pre-2000s) and while he is the OG of case interview prep (all credits to him), you can see that ... (read entire answer)
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    on Jul 30, 2021
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    Tell interviewer about reapplication

    1st round interview Accenture behavoural fit interview Big 4 Case Interview caseinterview personal experience interview Technical Experience Interview tier 2 consulting
    Most recent answer on Jul 28, 2021
    <p>I have an interview with a non-MBB consulting firm. The interviewer is the same as the last time. Should I proactively mention during the interview that I applied last year as well or is it better to avoid it unless the interviewer brings it up?</p>
    Hey there, There is no benefit in saying it, especially since the person will remember you anyway. Just treat it like a first interview and don't let the past experience influence your performance negatively. Chee ... (read entire answer)
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    on Jul 28, 2021
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    NPV /WAAC ?

    Bain & Company BCG Case Interview Case Maths Math problem MBB McKinsey & Company NPV
    Question edited on Jul 26, 2021
    <p>Hello </p> <p>I come from a technical background, PhD in Engineering not MBA. I have a few questions about the NPV and I appreciate it if someone can clarify the following. </p> <p>1- Can someone please explain what is expected from advanced degree candidates to know about NPV during a case interview? every time I look it up or come across a case using NPV, they use a different approximation/method to calculate the NPV. It is becoming very confusing to me. </p> <p>A Few NPV equations that I came accross are:</p> <p>NPV = -Initial Investment + (Future Value of Money/Discount Rate) </p> <p>NPV = Future Value of Money / Discount Rate </p> <p> (usually Future Value of Money = Revenues - ongoing costs) - I think not sure!</p> <p>- How you would interpret an NPV value?</p> <p>2- <u><strong>There is a case in which we determine the following(the first half is all about determining the R and C as follows: </strong></u></p> <p>- Revenues  = 928 M$ </p> <p>- Costs = 574M $</p> <p>- Profits  = R -C = 354M $ </p> <p><u><strong>Then there is this given which I totally did not understand (no clairification as to what it means): </strong></u></p> <p>- Time value of money: 6 year lag for receipt of revenue </p> <p><u><strong>to Determine the NPV they used WAAC (I have no idea what is this): </strong></u></p> <p>Using the “Rule of 72,” we know that 72/rate of return means the number of years to double our money. With a six year lag and a 12% WACC, we know that all future cash flows must be halved </p> <p>$354/2 = $177M in present value (NPV)</p> <p>clearly the 12% is 72/6 (lag years) </p> <p>Can someone please explain what is WAAC? Why NPV is halved? </p>
    Hi there, Several questions ;) Let me go one by one. 1) NPV The correct NPV formula closer to what you reported is: NPV = -Initial Investment + (FCF/Discount Rate)  Where FCF= Free cash flow of the project g ... (read entire answer)
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    on Jul 26, 2021
    Last Activity

    How to improve the analysis? or So what?

    Analytical Skills Case Interview
    Most recent answer on Jul 12, 2021
    <p>Hello everyone!</p> <p>I hope you're all okay.</p> <p>I am writing this thread because I would like to get an advice on how to improve my analytic capacity after each case, for example: After you get a math calculation or graph, you're expected to derive insights or tell the so what? what does this mean to the client? I'm struggling to giving a good insight after it. I would like to know any way I could improve on this.</p> <p>Thank you very much.</p>
    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)
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    on Jul 12, 2021
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    Case interview - Stuck

    Case Interview
    Most recent answer on Jul 10, 2021
    <p>Hi guys,</p> <p>I need some advice.</p> <p>I am preparing for a case interview by practing  with a lot of case partners on Prep Lounge and other platforms. I saw a lot of progresses after my first practice; however, the progress seems to be a bit off for the next time. Until now, I have already practiced with 3 case partnerts, but I have not seen much progress. I was even stuck without finding an answer in the last case practice.</p> <p>When I read the Victor Cheng' s book, he only practices with case partners for 3 cases out of his 30 cases. </p> <p>Do you think that we really need a case partner for praticing case interviews? How should I chose a case partner?</p> <p>Could you give me some advice?</p> <p>Thank you very much!</p>
    Hi Chi, A few thoughts here: You've only cased three times. Progress in casing comes slowly so you need to be patient. You may not see immediate progress across just a few cases. Patience. Like learning a langua ... (read entire answer)
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    on Jul 10, 2021
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    EY-Parthenon Online Case Interview for Executive (IT) - Transaction Strategy & Execution

    Case Interview Consulting interview E&Y M&A M&A Case
    Most recent answer on Jul 06, 2021
    <p>Hi, </p> <p>I have an online case interview for EY-Parthenon for the role of Executive in their Transaction Strategy &amp; Execution. Could you guys please help me to know what type of cases they give and woud it be like standard case interview or is this something different (PwC case interview was way different than what normally we think case studies are). </p> <p>Thanks in advance. </p>
    Hi Pranet, I know exactly what you mean regarding the PwC case interview; when I interviewed for PwC's Tech practice, one of the "cases" was literally just 1 question on how I would setup a technical backlog! Frankl ... (read entire answer)
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    on Jul 06, 2021
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    Kearney, Leadership Change and Organization Practice

    Case Interview Middle East
    Most recent answer on Jul 06, 2021
    <p>Hi all - I have my first interview as an experienced hire with Kearney's Leadership Change and Organization practice in the Middle East. I have around 10 days to prepare. Any advice on an optimal game plan to give myself the best chance at doing well and moving to the next round and eventually landing the position? Also, any advice on Kearney-specific style of interviewing, behavioral and case-interviews? I have a quant background, with a few management consulting projects under my belt - however, my case skills need significant sharpening. Thank you!</p>
    Hi Jes, In terms of general prep, I would recommend the following (you have probably already covered some of the points): Define a calendar for your preparation. Identify how many hours you have before the intervi ... (read entire answer)
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    on Jul 06, 2021
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    Practice interview with case partners on PrepLounge

    Case Interview
    Most recent answer on Jul 02, 2021
    <p>Hi there,</p> <p>I create a meeting proposal on PrepLounge. Sb took the meeting but then did not show up. What should I do this this situation?</p> <p>Is there channel to report/ feedback on a case partner?</p> <p>Thank you very much</p>
    Hi there, Yes there is! And you should absolutely review your partners so that others can be better informed when making bookings. If you go into the meeting itself, there should be an option to review.
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    on Jul 02, 2021
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    Investment Decision Case

    AT Kearney Bain BCG Boston Consulting Group Case Interview MBB McKinsey McKinsey & Company Oliver Wyman Structure
    Most recent answer on Jun 27, 2021
    <p>Hi All,</p> <p>Been thinking of the following case question and I would appreciate your feedback.</p> <p>"<strong>Company X wants to invest in building a hotel if payback period is X years or less, should they invest?"</strong></p> <p>My structure is the following: </p> <p>"since payback period is the investment divided by annual profits we need to look at the following; </p> <p>1- Investment costs </p> <p>2- Running cost (after building hotel)</p> <p>3- Revenue streams and demand ( rooms, resturants, spa, etc) </p> <p>4- Market &amp; compition (not sure if I should concider this as a bucket or not) "<br> </p> <p>I would appreciate feedback on my structure and suggestions too. I don't know if my buckets are concidered a bit detailed?</p>
    Hello! Sounds pretty good and comprehensive! The only advise I would give you is also review the NPV formula in perpetuity vs. the "normal" one we normally use, since if you see that in an interview for the 1st time ... (read entire answer)
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    on Jun 27, 2021
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    Why are the case interviews so difficult?

    Case Interview
    Most recent answer on Jun 27, 2021
    Hey there, The case interviews represent a small snapshot of the daily work of a consultant. They evaluate several skills such as structuring idea generation and creativity business sense and intuition menta ... (read entire answer)
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    on Jun 27, 2021
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    Market sizing case: How many blood-pressure monitors in the US?

    Case Interview
    Most recent answer on Jun 24, 2021
    <p>Hi, I was browsing some of the past market sizing questions and got stuck on this particular one.</p> <p>Here's what I thought I could do.</p> <p>1. No. blood-pressure monitor = (Owned by hospitals) + (Owned by households)</p> <p>2. Owned by hospitals = (No. Hospitals) * 1 (Assume each hospital owns only one blood-pressure monitor)</p> <p>3. No. Hospitals = (US population * % Getting sick * % Going to the hospital * No. of visits) / (Hospital Capacity)</p> <p>Question: I guess the "household-owned blood-pressure monitors" part is pretty straightforward, as well as the number of people going to the hospital. Where I got stuck is "Hospital capacity/year + utilization %". Any help on this bit would be much appreciated!</p> <p>Also, I'm wondering if this approach makes sense and whether there's a better way to calculate this. (Especially curious if there's any solid 'supply-side' approach)</p> <p>Thanks in advance :)</p>
    Hi, in addition to the solutions proposed by the other coaches in the discussion, I would like to suggest similar cases in the platform to practice with: https://www.preplounge.com/en/consulting-forum/how-much-would ... (read entire answer)
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    on Jun 24, 2021
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    Tier 2 Interviews Internship Germany

    ATKearney Case Interview internship Oliver Wyman Personal Fit Roland Berger tier2
    Most recent answer on Jun 14, 2021
    <p>Hello everyone,</p> <p>I am currently applying to Tier 2 firms (OW, ATK, RB) and wondered whether there are some specific characteristics of the interviews as there are with MBB interviews. Thank you very much in advance!</p>
    Hi there, While there technically are, I genuinely wouldn't worry about it much. It's much better to focus time and energy on being adaptable and ready for anything. I aced all 8 of my interviews and I never worried a ... (read entire answer)
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    on Jun 14, 2021
    Last Activity

    How to prepare for a case study?

    Case Interview Interview McKinsey
    Most recent answer on Jun 12, 2021
    <p>Hi everyone, I have to prepare for McKinsey case interview. Today I had my first interview and I have never done a case study before and I want to ask you, from where should I start preparing? What is your recommendation? <br> Thank you for your answers.</p>
    Oh no! I'm so sorry Andjela, but if you had/have your first first interview today and you've never studied casing before, there's no way you pass :/ That said, learn from this experience and prepare better next time. ... (read entire answer)
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    on Jun 12, 2021
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    Math's relevance final round

    BCG Case Interview McKinsey
    Most recent answer on Jun 07, 2021
    <p>How important are the maths at the case interview really? Let's suppose that when you reach the maths part you (i) explain the steps you are going to take (ii) ask for the data that is missing and you need and (iii) once you reach the arithmetic part you mess some numbers due to pressure (i.e 2+2 = 5)</p> <p>Is such a big deal? I think it's more about how you structure the problem and whether you identify the data needed than actually performing perfect calculations....</p>
    Only of you get the structure right and work through the case systematically and end up with a minor calculation error and a honest mistake then its no biggie. Otherwise this can hurt the outcome for you. Important thin ... (read entire answer)
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    on Jun 07, 2021
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    Profit decline with increase in revenue

    Bain BCG Case Interview MBB McKinsey
    Most recent answer on Jun 04, 2021
    <p>If profit has declined, but revenue has increased, would you only look at costs? I think there is still a case in which revenue growth may have declined although costs grew at the same (higher) rate as before and hence, the problem is actually slow growth of revenue because costs were growing at the same rate as before. So, we'll need to look at both, even though revenue has grown and in fact, will need to focus on growing revenue, instead of lowering costs. Is my understanding correct?</p>
    Hi there, If profits declined and revenues increased you should NOT only look at costs (although you may have a hypothesis that the problem is there and prioritize that area). The problem could well be on revenues, ... (read entire answer)
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    on Jun 04, 2021
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    I have a case interview with Accenture and I have never ever done this before. How are you expected to present the info

    Accenture Accenture Strategy Case Interview data How to Read Charts and Data in Case Interviews
    Most recent answer on Jun 03, 2021
    <p>Hello everyone, </p> <p>I have a case interview with Accenture and I have never ever done this before, with any company. </p> <p>I am not sure how to use the different frameworks for hypothese and not sure how are we expected to present our findings during the video interview?</p>
    Hi, the interview will be structured in 3 parts: - Personal Experience Interview: fit and CV questions to assess your personal impact, leadership skills, and entrepreneurial spirit - Case Interview: typical business cas ... (read entire answer)
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    on Jun 03, 2021
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    ►New Product Alert: BCG Online Case Secrets by Francesco◄

    BCG BCG Case Interview BCG online case Boston Consulting Group Case Interview The Boston Consulting Group
    Question edited on May 28, 2021
    <p>Hi everyone!</p> <p>We hope you enjoy your time on PrepLounge and that your case prep is going well!<br> We have some <strong>exciting news</strong> for you! If you are currently preparing for the <strong>BCG Online Case</strong>, this is for you! </p> <p>Francesco, one of our most successful coaches on PrepLounge, has put together a <a href="https://www.preplounge.com/en/shop/tests-2/bcg-online-case-secrets-69" target="_blank" rel="noreferrer noopener">comprehensive guide</a> that will help you master the skills needed to <strong>hack the BCG online case</strong> and land the offer! </p> <p>With this product you will:</p> <ul> <li>Master the 5 types of questions asked by the Chatbot</li> <li>Discover the exact steps to prepare for the 1-minute Video Assessment</li> <li>Find out key insider tips from the candidates who passed the test</li> </ul> <p><img alt="" src="/uploads/qa/questions/4117/images/Cover%20-%20Small.png"><a href="https://www.preplounge.com/en/shop/tests-2/bcg-online-case-secrets-69" target="_blank" rel="noreferrer noopener"><img alt="" src="/uploads/qa/questions/10228/images/Cover%20-%20Small.png" style="height:319px;width:450px;"></a></p> <p><a href="https://www.preplounge.com/en/shop/tests-2/bcg-online-case-secrets-69" target="_blank" rel="noreferrer noopener">Download the <strong>ultimate guide for the BCG chatbot interview case study</strong></a> and get for free the<strong> Graph Analysis Cheat Sheet </strong>(worth $29!) – you will learn how to master any graph you may face in a consulting interview.</p> <p>On top of that Francesco offers a <strong>limited number</strong> of coupon codes: Use the code <strong>Chatbot21</strong> to get $<strong>10 off the BCG Online Case Guide.</strong></p> <p>If you have any questions, feel free to reach out directly to <a href="https://www.preplounge.com/en/profile.php?id=2433" target="_blank" rel="noreferrer noopener">Francesco</a>. He will be happy to provide further information.</p> <p>Good luck with your interview and test preparation!</p> <p>Christine<br> <em>PrepLounge Community Management</em></p> <p><img alt="PrepLounge Consulting Q&amp;A Forum" src="https://www.preplounge.com/uploads/qa/answers/4489/images/High%20resolution%20%28no%20background%29350px%281%29.png" style="height:49px;width:175px;"></p> <p> <em>Follow us on: </em><a href="https://www.facebook.com/PrepLounge/" target="_blank" rel="noreferrer noopener">Facebook</a> | <a href="https://www.instagram.com/preplounge/" target="_blank" rel="noreferrer noopener">Instagram</a> | <a href="https://www.linkedin.com/company/preplounge/" target="_blank" rel="noreferrer noopener">LinkedIn</a></p>
    28/05/21 EDIT. Happy to say the 2nd edition is out! It includes 53 more pages (total is now 132) and 2 complete FREE Casey Tests with solutions ;) ---------------------------------------------------------------------- ... (read entire answer)
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    on May 28, 2021
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    Capabilities and resources

    Bain BCG Case Interview MBB McKinsey
    Most recent answer on May 28, 2021
    <p>When thinking about the capabilities of a company, how should I structure my answer. I understand that this would depend on the specific company and industry, but broadly, what elements will be part of capabilities?</p>
    Hi there, Capabilities are essentially a company's expertise and know-how. Amazon has capabilities in Cloud technology, Cybersecurity, Supply Chain, Logistics, Data Analytics, etc. Fundamentally, capabilities are wh ... (read entire answer)
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    on May 28, 2021
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    Pricing case

    A.T. Kearney Bain BCG Boston Consulting Group Case Interview MBB McKinsey McKinsey & Company Oliver Wyman pricing strategy
    Most recent answer on May 17, 2021
    <p>Been thinking of the following case question and I would appreciate feedback on my structure. </p> <p><strong>"What price should cinema in country X charge for movie tickets?" </strong><br> My structure is as follows: </p> <p>1- Costs (what are possible costs? I thought of labor, electric,...) </p> <p>2- Customer's wilingness to pay </p> <p>3- Benchmark with ticket prices in other countries<br> <br> This is the structure I have in mind and I would appreciate it feedback on it. Is there other things I should consider? Also, what might be other possible costs associated with the cinema? Should we concider movie cost? </p>
    Hello! Indeed the 3 ones that you have mentioned are the "classical" ones for pricing. Careful with the prhasing, since many times it seems a bit either/or (e.g., we can either take a break-even strategy to ensure ... (read entire answer)
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    on May 17, 2021
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