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Consulting to industry question

associate consultant Healthcare industry

Most recent answer on Feb 29, 2024

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 Feb 29, 2024

Ex-Roland Berger|Project Manager and Recruiter|7+ years of consulting experience in USA and Europe

Hi, it is very common that consultants actually end up working for previous clients. It is also legitimate to keep your eyes and ears open for new opportunities while you are on the job. In your current situation, you p ... (read entire answer)

7
Answers

168
Views

57
Total Upvotes

on Feb 29, 2024 on Feb 29, 2024
Last Activity

Rotman vs. M7

canada Finance industry MBA Toronto

Most recent answer on Jul 25, 2023

Prateek

Expert

200+ MBB interviews | Engagement Manager at McKinsey (DC, Dubai & Toronto) | MBA from Kellogg | BS from IIT Delhi

Prateek

Expert

gave the best answer on Jul 12, 2023

200+ MBB interviews | Engagement Manager at McKinsey (DC, Dubai & Toronto) | MBA from Kellogg | BS from IIT Delhi

Hi, Without knowing anything else about your profile / current location, I would consider M7 over Rotman. M7 have better brand globally and provide you access to 3 year work permit in US (most M7 MBAs are now categoriz ... (read entire answer)

6
Answers

659
Views

41
Total Upvotes

on Jul 25, 2023 on Jul 25, 2023
Last Activity

Recruitment for consultant position is by function/industry or as a generalist?

functional areas industry Public Sector recruitment

Most recent answer on Dec 20, 2022

Cristian

Expert

#1 rated MBB & McKinsey Coach

Cristian

Expert

gave the best answer on Dec 15, 2022

#1 rated MBB & McKinsey Coach

Hi there, Congrats - quite a few promising things ahead of you. The short answer is that the recruitment process is what you make out of it. As in, it can be for a more specialised role or it can be for a generalist r ... (read entire answer)

7
Answers

999
Views

48
Total Upvotes

on Dec 20, 2022 on Dec 20, 2022
Last Activity

Looking for exciting discussions from the community?

How to specialise as a new generalist

consulting industry specialization

Most recent answer on Jun 18, 2022

Adi

Expert

Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

Adi

Expert

gave the best answer on Jun 15, 2022

Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

The best is to get on projects in that industry and work your way from there. You can also support proposals/RFP responses to gain additional exposure.

6
Answers

1.2 k
Views

52
Total Upvotes

on Jun 18, 2022 on Jun 18, 2022
Last Activity

Where can I get/find an overview of the TMT industry?

industry

Most recent answer on Aug 30, 2021

gave the best answer on Aug 30, 2021

Hi there, I have 20+ industry deep-dives (about 2 pages each) that break down each industry by key factors (cost drivers, key products, competitive landscape, trends, etc.) that I provide as part of my coaching. Feel fr ... (read entire answer)

2
Answers

1.1 k
Views

14
Total Upvotes

on Aug 30, 2021 on Aug 30, 2021
Last Activity

Company demand vs. market demand

demand demand and supply industry industry trend Market analysis market dynamics

Most recent answer on Apr 12, 2021

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 Apr 12, 2021

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

Hello! I think it´s pretty simple! Just compair their maket share with: The market share from the top 20 biggest players n the industry The # of players in the industry´s long tail And that´s it, simple co ... (read entire answer)

2
Answers

1.2 k
Views

23
Total Upvotes

on Apr 12, 2021 on Apr 12, 2021
Last Activity

Where can I get documents or casebooks with Industry overview?

casebook Casebooks consulting industry industry industry dynamics industry trend

Most recent answer on Apr 11, 2021

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 Apr 11, 2021

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

Hello! Have a look into IVY LEAGUE case prep books, since they normally include some pages on industry overviews. Furthermore, in the PrepL shop there is a guide about the pharma industry, in case you are intereste ... (read entire answer)

2
Answers

1.0 k
Views

33
Total Upvotes

on Apr 11, 2021 on Apr 11, 2021
Last Activity

Industry compensation

industry

Most recent answer on Apr 10, 2021

Adi

Expert

Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

Adi

Expert

gave the best answer on Apr 10, 2021

Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

There isn't a one size fits all answer here..it depends on which consulting firm, level, type of skills (strategy, operations, technology, digital etc), region, industry and target exit firm (tech, PE or industry). Ge ... (read entire answer)

3
Answers

973
Views

41
Total Upvotes

on Apr 10, 2021 on Apr 10, 2021
Last Activity

Hi, I have a question regarding cases on new industry.

industry McKinsey NewIndustry

Most recent answer on Jan 09, 2021

Adi

Expert

Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

Adi

Expert

gave the best answer on Jan 02, 2021

Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

Hey there, Broadly, industries can be classified as follows: Raw Materials- e.g. mining, agriculture and fishing Manufacturing e.g. cars, planes, steel Support services e.g. hospitality, teaching ... (read entire answer)

8
Answers

1.2 k
Views

98
Total Upvotes

on Jan 09, 2021 on Jan 09, 2021
Last Activity

How to structure a profitability case?

Case Case Interview Declining Profitability Case industry profitability Structure

Most recent answer on Nov 17, 2020

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 Feb 18, 2018

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

Hi Anonymous, As for your first question, you can analyse a profitability case looking at 4 key areas: clarify goal and situation, identify the problem, identify the solution and analyse risks. Step 1: Clarify goal ... (read entire answer)

10
Answers

14.4 k
Views

47
Total Upvotes

on Nov 17, 2020 on Nov 17, 2020
Last Activity

Resources to build industry specific knowledge for Case solving (specially in Indian context)

case partners caseprep consulting consulting industry consultingcases101 Good resources industry Strategy case solving

Most recent answer on Oct 16, 2020

Anonymous gave the best answer on Sep 30, 2020

Hi Avya! Great that you want to structure your case prep! The beautiful thing about consulting interview cases is that you basically don't need any industry specific knowledge. The toolkit that you build during the ... (read entire answer)

5
Answers

1.3 k
Views

14
Total Upvotes

on Oct 16, 2020 on Oct 16, 2020
Last Activity

Which firms are breaking industry norms (in a good way) in the consulting space?

consulting Firms to watch out for industry MBB New Firms

Most recent answer on Jul 11, 2020

gave the best answer on Jun 23, 2020

I depend on what you mean? They actually all are, but they're gambling in different ways. That's sort of like asking "Which of the FAANGS are breaking tech norms" If I had to pick, McKinsey and BCG are making the ... (read entire answer)

5
Answers

1.2 k
Views

7
Total Upvotes

on Jul 11, 2020 on Jul 11, 2020
Last Activity

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

Switching from Tier2/Industry to MBB as experienced hire

career move industry MBB

Most recent answer on Jun 07, 2020

Giulia

Expert

McKinsey | 6+ years in Consulting + Health Tech |Certified High Performance + Systemic Coach | Women Empowerment

Giulia

Expert

gave the best answer on Jun 05, 2020

McKinsey | 6+ years in Consulting + Health Tech |Certified High Performance + Systemic Coach | Women Empowerment

Hi , yes of course - it's more than possible! When I was at McKinsey, I met several colleagues who went the same way. So don't hesitate - try it out for yourself! The MBB companies have special tracks for FIG that y ... (read entire answer)

13
Answers

2.3 k
Views

65
Total Upvotes

on Jun 07, 2020 on Jun 07, 2020
Last Activity

Market vs. Industry

industry market entry

Most recent answer on Mar 30, 2020

Anonymous gave the best answer on Mar 29, 2020

Hez A, I agree that both terms are used interchangeably. When you analize market / industry you need to have a look at the following: Market size and dynamics (growth rate) Structure, segments and market share ... (read entire answer)

6
Answers

1.4 k
Views

12
Total Upvotes

on Mar 30, 2020 on Mar 30, 2020
Last Activity

Is the assumption "The gross margin will remain the same since the industry structure did not change" common practice?

Gravestone Inc. gross profit margin industry

Most recent answer on Dec 23, 2019

Luca

Expert

BCG |NASA | SDA Bocconi & Cattolica partner | GMAT expert 780/800 score | 200+ students coached

Luca

Expert

gave the best answer on Dec 23, 2019

BCG |NASA | SDA Bocconi & Cattolica partner | GMAT expert 780/800 score | 200+ students coached

Hello Luca, I completely agree with you, the solution proposed is at least questionable.The hypothesis is basically that the price war following the adoption of the new technology will result in setting the price to h ... (read entire answer)

1
Answer

2.2 k
Views

1
Total Upvotes

on Dec 23, 2019 on Dec 23, 2019
Last Activity

Starting with "Analyzing the Industry"

Case Interview industry Market analysis

Most recent answer on Jun 18, 2019

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 Jun 18, 2019

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

Hi Anonymous, I agree with Vlad, you should always consider a market analysis in a market entry case and there are definitely numbers you can analyze there. The reason why some candidates give the impression that th ... (read entire answer)

3
Answers

2.5 k
Views

8
Total Upvotes

on Jun 18, 2019 on Jun 18, 2019
Last Activity

Developing industry understanding for case interviews

caseinterview industry

Recent activity on Feb 27, 2019

Vlad

Expert

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Vlad

Expert

gave the best answer on Feb 27, 2019

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi, Focus on the most common industries in the following priority (sorted by probability of getting a case): 1-retail and CPG; 2-airlines; 3-Telecom; 4-banking; 5-natural resources; 6-tech There are several sources ... (read entire answer)

1
Answer

3.6 k
Views

5
Total Upvotes

on Feb 27, 2019 on Feb 27, 2019
Last Activity

Any resources or tips for BizOps cases?

bizops industry

Recent activity on Feb 06, 2019

Vlad

Expert

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Vlad

Expert

gave the best answer on Feb 06, 2019

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi, BizOps role may be completely different depending on the business model. For example: In google BizOps is responsible for the Sales and revenue operations In Uber BizOps is responsible for the supply of driv ... (read entire answer)

2
Answers

3.2 k
Views

2
Total Upvotes

on Feb 06, 2019 on Feb 06, 2019
Last Activity

Strategy manager exit from consulting - feedback on my thinking

exit exit options industry

Recent activity on Sep 27, 2018

Anonymous gave the best answer on Sep 27, 2018

Hey there, Without you providing details of other opportunities, it is hard to give concrete advice. However: It seems like the insurance gig fits your long term interests pretty well - 2 days a week from home + you ... (read entire answer)

3
Answers

2.7 k
Views

3
Total Upvotes

on Sep 27, 2018 on Sep 27, 2018
Last Activity

Are there any threats of substitution for consulting as an industry?

competition consulting industry substitution

Recent activity on Sep 19, 2018

Anonymous gave the best answer on Sep 11, 2018

I see two things replacing/impacting consulting (at least in it's current/traditional state), both driven by technology: clients undertaking work internally, and the emergence of big data / data science. When excel wa ... (read entire answer)

3
Answers

6.3 k
Views

3
Total Upvotes

on Sep 19, 2018 on Sep 19, 2018
Last Activity

1 - 20 of 21 results

Consulting Q&A – Ask Questions about Your Career

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