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Seeking Guidance to Strengthen Understanding of Accounting Concepts

accounting Math problem qualitative analysis

Question edited on Apr 10, 2024

Cristian

Expert

#1 rated MBB & McKinsey Coach

Cristian

Expert

gave the best answer on Mar 25, 2024

#1 rated MBB & McKinsey Coach

You don't need a granular understanding of accounting concepts to pass consulting interviews (assuming that's your target). Actually, I put together all the terms you need to know in this article (based on all the inte ... (read entire answer)

5
Answers

110
Views

56
Total Upvotes

on Apr 10, 2024 on Apr 10, 2024
Last Activity

Use of calculator and Framework

Math problem Structure

Most recent answer on Apr 03, 2024

gave the best answer on Apr 01, 2024

1. Structuring should get better as you do more cases and know about more industries. However, it will only become good if you “know what good looks like”. Unfortunately a lot of candidates don't, and without that it is ... (read entire answer)

6
Answers

123
Views

78
Total Upvotes

on Apr 03, 2024 on Apr 03, 2024
Last Activity

Bombed two cases (case math), any tips on how to improve?

case math First Round Math problem second round

Question edited on Mar 31, 2024

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 Feb 22, 2023

#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years

Hi there, First of all, it’s great to see your level of motivation despite the two rejections! I think this is an interesting question that may be relevant for many people. I would be happy to share my thoughts on it: I ... (read entire answer)

8
Answers

760
Views

68
Total Upvotes

on Mar 31, 2024 on Mar 31, 2024
Last Activity

Looking for exciting discussions from the community?

Timing for math portion of case

case math case structure Case Timing Math problem quant problems Quantitative skills Structure timing

Most recent answer on Mar 31, 2024

Cristian

Expert

#1 rated MBB & McKinsey Coach

Cristian

Expert

gave the best answer on Jan 29, 2024

#1 rated MBB & McKinsey Coach

You're not going to like the answer :) There is no set time. The interview is a conversation. What matters is not going at a certain speed through it. There is nothing that needs to be ‘finished’. You don't need to ‘cr ... (read entire answer)

5
Answers

250
Views

60
Total Upvotes

on Mar 31, 2024 on Mar 31, 2024
Last Activity

Stuck at Math/Quantitative and What to Calculate in Consulting Cases

BCG McKinsey and Bain consulting Framework frameworks mckinsey Math problem Math Skills Required in Case Interviews quantitative Quantitative skills

Most recent answer on Jan 15, 2024

Expert

50% off

Expert

gave the best answer on Jan 12, 2024

50% off

Hi Anonymous, From what you described, it seems like you are having issues to determine the central question you are solving for. If you agree, a best practice is to clarify the question / issue with the interviewer ea ... (read entire answer)

7
Answers

252
Views

67
Total Upvotes

on Jan 15, 2024 on Jan 15, 2024
Last Activity

BahnCard 25 / 50 / 100 Question

Math problem Real interview question

Most recent answer on Dec 06, 2023

Clara

Expert

McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Clara

Expert

gave the best answer on Nov 13, 2023

McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello! Precisely for the high amount of questions (1) asked by my coachees and students and (2) present in this Q&A, I created the “Math & Formulas - Economic and Financial concepts for MBB interviews”, recently ... (read entire answer)

3
Answers

4.6 k
Views

14
Total Upvotes

on Dec 06, 2023 on Dec 06, 2023
Last Activity

Break Even Questions

Math problem

Most recent answer on Nov 11, 2023

Francesco

Expert

#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Francesco

Expert

gave the best answer on Sep 16, 2023

#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi there, Q: How much price we would need to put to break even, and/or how many years we would need. Any general guidelines to solving these? I believe that with the number of years you mean the payback period, that is, ... (read entire answer)

5
Answers

584
Views

56
Total Upvotes

on Nov 11, 2023 on Nov 11, 2023
Last Activity

contribution margin math question

Math problem

Most recent answer on Sep 01, 2023

gave the best answer on Oct 08, 2021

You are having trouble because this prompt is confusing.You don't need to know the original price (in the initial situation you were already capturing that contribution margin). What you need is the additional contribut ... (read entire answer)

4
Answers

645
Views

31
Total Upvotes

on Sep 01, 2023 on Sep 01, 2023
Last Activity

McKinsey Sample Case - Logic Question...

case math Math problem McKinsey Value Chain

Most recent answer on Sep 01, 2023

Anonymous gave the best answer on Apr 11, 2017

Hi there, Let me chime in here. First, try to think of this problem in terms of the expected value of the candidate drug: Expected Value = Likelihood of success * Present Value (in case of success) Second, with ... (read entire answer)

2
Answers

8.6 k
Views

16
Total Upvotes

on Sep 01, 2023 on Sep 01, 2023
Last Activity

Resources / approaches to improve "case math"?

Math problem

Most recent answer on Aug 31, 2023

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 26, 2023

Top-Ranked Coach on PrepLounge for 3 years| McKinsey San Francisco | Harvard graduate | 6+ years of coaching

Hello, Looks like you've gotten some great advice on systems and breakdowns on how to improve case math, so here's my additional two cents: First, remember that practice makes perfect! If you are at the initial stages o ... (read entire answer)

8
Answers

524
Views

54
Total Upvotes

on Aug 31, 2023 on Aug 31, 2023
Last Activity

Casebook with the best Math Part

case math casebook Casebooks Math problem PrepPlan quantitative

Most recent answer on Aug 31, 2023

Hassan asked on Aug 17, 2023

Medical Doctor interested in Strategy Consulting

Which consulting casebook has the best math/quantitative section in your opinion? I wanna do some focused math prepping by only doing the math part in a casebook.

4
Answers

286
Views

0
Total Upvotes

on Aug 31, 2023 on Aug 31, 2023
Last Activity

I tanked some math, how bad is the damage?

case math Final Round Math problem

Most recent answer on Jul 22, 2023

Benjamin

Expert

Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer

Benjamin

Expert

gave the best answer on Jul 20, 2023

Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer

Hi there, I've been there before on both sides of the table. Nerves and stress affect us in complex ways and this can happen. I passed interviews I thought I had failed because of math reasons, and I failed interviews ... (read entire answer)

7
Answers

475
Views

66
Total Upvotes

on Jul 22, 2023 on Jul 22, 2023
Last Activity

Do you have a question for our consulting experts, too?

Estimate number of suit tailor shops (NYC)- Market Sizing

BCG Case Interview BCG McKinsey and Bain Framework Market sizing Math problem McKinsey & Company numerical

Most recent answer on Jul 20, 2023

gave the best answer on Jul 15, 2023

Hi there, You'll learn a lot more from this by trying it out yourself first! Why don't you post your approach here and we can provide commentary? How to approach market sizing It's very simple: Do the approach the is th ... (read entire answer)

4
Answers

403
Views

41
Total Upvotes

on Jul 20, 2023 on Jul 20, 2023
Last Activity

Any source for math problems cases

BCG case math GMAT MathSkills IB I'm preparing to McK coming next week Math problem

Most recent answer on Jun 30, 2023

gave the best answer on May 10, 2023

Hi there, How to structure math in a case Have a seperate "math" scrap sheet of paper Grab a new sheet of paper every time you're entering a new phase of the case...number and title it Use tables to organize numbers Wri ... (read entire answer)

5
Answers

528
Views

56
Total Upvotes

on Jun 30, 2023 on Jun 30, 2023
Last Activity

Need help with a math question

Math problem

Most recent answer on Apr 28, 2023

Francesco

Expert

#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Francesco

Expert

gave the best answer on Apr 06, 2023

#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi there, Q: A software company gets 40 new customers per month, and also loses 40 old customers. On average each customer stays for 3 years. How many customers does this software company have? You can check what would ... (read entire answer)

6
Answers

370
Views

50
Total Upvotes

on Apr 28, 2023 on Apr 28, 2023
Last Activity

Help with a mental math question

case math Math problem

Most recent answer on Mar 21, 2023

Cristian

Expert

#1 rated MBB & McKinsey Coach

Cristian

Expert

gave the best answer on Mar 20, 2023

#1 rated MBB & McKinsey Coach

Hi there, The trick is to break down each number into common denominators: 80 / 9,040 = 8 * 10 / 904 * 10 = 8 / 904 = 2 * 4 / 2 * 452 = 4 / 452 = 2 * 2 / 2 * 226 = 2 / 226 Then you have to make the actual division = 0 ... (read entire answer)

6
Answers

439
Views

73
Total Upvotes

on Mar 21, 2023 on Mar 21, 2023
Last Activity

Easy way to solve 7M/1.9K

Math problem

Most recent answer on Mar 14, 2023

Francesco

Expert

#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Francesco

Expert

gave the best answer on Mar 13, 2023

#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi there, Q: If you were asked to solve 7M/1.9K, what tricks/shortcuts would you use to find a roughly accurate answer? If you need a “roughly” accurate, you should be able to approximate. I would clarify with the inter ... (read entire answer)

5
Answers

485
Views

40
Total Upvotes

on Mar 14, 2023 on Mar 14, 2023
Last Activity

Help with a simple business math question

Math problem

Most recent answer on Feb 28, 2023

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 Feb 21, 2023

#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years

Hi Joël, I would be happy to share my thoughts on it: This is indeed a rather simple math question. Given profit margin is the ratio of profit to sales, if profit increases by 15% and sales decrease by 25%, the future p ... (read entire answer)

6
Answers

536
Views

84
Total Upvotes

on Feb 28, 2023 on Feb 28, 2023
Last Activity

a math question!

Math problem

Most recent answer on Feb 14, 2023

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 Feb 14, 2023

#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years

Hi there, I would be happy to share my thoughts on it: Based on the information provided, the math in this case study seems to be wrong. If all the percentages are related to revenues, profits would be $20 and $30, resp ... (read entire answer)

3
Answers

381
Views

23
Total Upvotes

on Feb 14, 2023 on Feb 14, 2023
Last Activity

How do I simultaneously show my thinking while also calculating during the math section?

case math Math problem

Most recent answer on Feb 02, 2023

Moritz

Expert

ex-McKinsey EM & Interviewer | 7/8 offer rate for 4+ sessions | 90min sessions with FREE exercises & videos

Moritz

Expert

gave the best answer on Feb 01, 2023

ex-McKinsey EM & Interviewer | 7/8 offer rate for 4+ sessions | 90min sessions with FREE exercises & videos

Hi there, Don't make your life harder than it needs to be. Everybody has a different style and that's OK - there's no uniform expectations. Whatever works best for you should be your starting point! From there, you can ... (read entire answer)

9
Answers

517
Views

70
Total Upvotes

on Feb 02, 2023 on Feb 02, 2023
Last Activity

1 - 20 of 77 results

Consulting Q&A – Ask Questions about Your Career

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