Consulting Q&A – Ask Questions on Your Career in Our Consulting Forum

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.

How does the Consulting Q&A work?

Anyone can ask a question
Anyone can write an answer
Upvotes let answers rise to the top

Consulting Q&A

Ask a ConsultantExclusiveAsk a Consultant

Consulting Q&A
  • Consulting Q&A
  • <span class="tablet desktop"><span class="text">Ask a Consultant</span><span style="background-color:#E84637;" class="badge">Exclusive</span></span><span class="mobile">Ask a Consultant</span>
Selected filters
Tag: "interview questions"
1 - 18 of 18 results
Last Activity
  • Last Activity
  • Newest question
  • Newest answer
  • Answer upvotes
  • Most views
Other Tags
interview questions

    Technical questions Accenture

    Accenture Strategy interview questions Technical Experience Interview
    Most recent answer on Mar 30, 2021
    <p>Dear community</p> <p>I will have a final round interview at Accenture for strategy consulting in CFO &amp; EV. Here I will have technical questions being asked in the interview. How could these technical questions look like?</p> <p>Thank you in advance</p>
    Hi Meier, Totally random guess here, but maybe, just maybe, Accenture's CFO & EV website will have the most comprehensive list you'll find :P https://newsroom.accenture.com/subjects/finance-performance-managemen ... (read entire answer)
    4
    4
    Answers
    315
    Views
    37
    Total Upvotes
    on Mar 30, 2021
    Last Activity

    What to ask to the interviewer

    interview questions
    Most recent answer on Sep 11, 2020
    <p>Hi, what might be the interesting questions to raise after the interveiw? Oufcourse things related to the specific office might be interesting however what can these be? Or any other interesting areas to ask to the interviewer in order not to look less prepared &amp; not asking the very standard clihces. </p> <p>Thanks!</p>
    The case you've been given is more likely than not a (very simpified) real life project that they worked on . Ask them something about the case you just did! I.e. "So, was this a case you worked on? Ah! Did it end w ... (read entire answer)
    6
    6
    Answers
    1.1 k
    Views
    8
    Total Upvotes
    on Sep 11, 2020
    Last Activity

    Do fit interview come before or after case interview in general?

    interview questions
    Most recent answer on Jul 06, 2020
    <p>Do fit interview come before or after case interview in general? Is it company dependent?</p>
    Hi, The main questions (Tell me about yourself, personal stories, etc) are at the beginning of the interview. After the case, you can ask your questions to the interviewer - another important part of the fit intervi ... (read entire answer)
    3
    3
    Answers
    1.2 k
    Views
    3
    Total Upvotes
    on Jul 06, 2020
    Last Activity

    what are some of the best questions to ask at the end of the interview?

    interview questions
    Most recent answer on Jun 05, 2020
    Hi, Hi, The main objective is to have a good conversation and highlight your intellectual capacity and curiosity. Thus: It is ok to ask: Questions that cause positive emotions and highlight consulting pros (e. ... (read entire answer)
    4
    4
    Answers
    1.3 k
    Views
    4
    Total Upvotes
    on Jun 05, 2020
    Last Activity

    Hi all, what would be a few great examples of questions to ask at the end of the interview?

    interview questions
    Most recent answer on Jun 04, 2020
    Hi, The main objective is to have a good conversation and highlight your intellectual capacity and curiosity. Thus: It is ok to ask: Questions that cause positive emotions and highlight consulting pros (e.g. Mck ... (read entire answer)
    3
    3
    Answers
    1.2 k
    Views
    2
    Total Upvotes
    on Jun 04, 2020
    Last Activity

    MCK Interviewer Led

    Case Interview Framework interview questions McKinsey McKinsey PEI
    Most recent answer on May 31, 2020
    <p>Hi All,</p> <p>I am about to perform on MCK Experienced professionals interview and i was wondering when it will be relevant to present the framework to the interview regarding the case. Indeed, the interviewer-led is based on questions and the first one is mostly about "what are the factors that....'" . I am not sure about the right moment to present my framework . SHould we introduce it on this question or just after the problem definition and clarifying questions? </p> <p>Thanks in advance</p>
    Hi, It may seem for you that these 2 types of cases are different, however, the interviewer-led type is just a simplified version of the interviewee-led case. My advice is to always prepare in interviewee-led format s ... (read entire answer)
    2
    2
    Answers
    2.6 k
    Views
    11
    Total Upvotes
    on May 31, 2020
    Last Activity

    Best questions to ask at the end of interview

    Addressing interviewer asking questions Bain Bain & Company behavoural fit interview candidate questions Case Case Interview cultural fit examples questions Final Round FIT fit interview Fit Interview Stories Fit questions interview questions Interviewer MBB newbie Question questions
    Most recent answer on May 22, 2020
    <p>Hello all,</p> <p>I have a question regarding what insightful questions to ask the interviewer at the end of an interview that make you stand out?</p> <p>Thank you.</p>
    Hi! There is a whole lot of great questions you can ask. My best advice is to really think through what interests you most about the job, the firm, or the industry! If you have a particular interest (industry sector, ... (read entire answer)
    45
    45
    Answers
    34.8 k
    Views
    126
    Total Upvotes
    on May 22, 2020
    Last Activity

    What are your weaknesses?

    interview questions recruiting students tips weaknesses
    Recent activity on May 13, 2020
    <p>I think you are asking about an interview question. Correct?</p> <p>You must approach this from a Recruiter’s perspective. The reason this question is asked is to see if a candidate actually has the ability to introspect and identify flaws. Because identifying flaws in yourself is the first and most important step. Fixing them is easier.</p> <p>Most often, people flock to the well known and used answer of “My biggest weakness is that I am a perfectionist”.</p> <p>There are a few reasons why this answer doesn’t bode well for many interviewees. One reason is that it is completely overused and unoriginal. Another is that it is an answer that is designed to try to make you look good and the person interviewing you can see right through this!</p> <p><strong>How can you answer this:</strong></p> <p>There is no definite way of answering this question. Just make sure that your answer is honest, shows self- introspection and includes a story of self improvement. This way whoever is asking the question knows that you have really spent time reflecting on your abilities and flaws. In addition this shows, that you take initiative and have began a journey with positive indications of self-improvement.</p> <p>Let’s talk about it in detail:</p> <p><strong>Choosing a weakness:</strong></p> <p>This is the first and most important step to make your answer look genuine and acceptable. Therefore choose an answer that is:</p> <ul> <li>Obvious and has been noticed by the interviewer already: <em>“English is not my primary language. My spoken English is not very good.” </em>or “<em>I haven’t had much work experience.”</em></li> <li>Something that is NOT extremely crucial for the role that you are applying for:</li> </ul> <p>For a Finance Role<em>: “I am not very good at interacting with people and I am socially awkward.”</em></p> <p>For a Sales &amp; Marketing Role: “<em>I have always performed poorly in Mathematics. Trigonometry and Calculus are just not my cup of tea.”</em></p> <ul> <li>A common human failure that is shared by most people: <em>“I find it hard to say no to people” </em>or<em> “I have not really made the most of the opportunities that life has given me”</em></li> </ul>
    In addition to the previous comment, I would add that, as for all the fit interview questions, it would be important to have a proper structure to apply in the answer. A good framework for the classical “Which are your ... (read entire answer)
    5
    5
    Answers
    13.5 k
    Views
    64
    Total Upvotes
    on May 13, 2020
    Last Activity

    What should I answer if the interviewer asked about why changing from Big 4 to MBB firms?

    Big 4 BIG3 interview questions MBB mbb big4
    Most recent answer on May 11, 2020
    <p>So I have a major concern that I beleive it will come up during my interview at MBB firms. I currently have 1.5 years of experince at one the big four (Strategy consultanting department) and I am still not sure how can I convince MBB firms of my intentions to jump the ship. </p> <p>I love consulting in general, the only answer I could think of is that MBB firms are the best when it comes to consulting and I would love to enchance my knowledge and increase my learning curve at MBB.</p>
    It's always best to not avoid answering the question in your answer. Some things that make the most sense Better opportunities - larger clients, more diverse work, greater opportunities to learn from both within MBB ... (read entire answer)
    13
    13
    Answers
    2.3 k
    Views
    61
    Total Upvotes
    on May 11, 2020
    Last Activity

    Perfection Vs Timeliness

    interview questions
    Most recent answer on May 02, 2020
    <p>I would like advice "from a consulting industry perspective" the importance of Perfection and timeliness and how to trade-off between them under stress.</p> <p>What could a good answer be?</p>
    Hello! Perfectionism and attention to details are for sure valuable skills as a consultant. However, much more important than that is to be able to prioritize and 80-20. In the interview, you only have 1-2 hours ... (read entire answer)
    4
    4
    Answers
    917
    Views
    4
    Total Upvotes
    on May 02, 2020
    Last Activity

    Didn't pass probation - should I disclose in interview?

    HR interview questions
    Most recent answer on Feb 02, 2020
    <p>Dear community: I would like to ask for advice on a struggling situation.</p> <p>Not long ago I was informed that I did not pass my probation period after 5 months.</p> <p>Based on my collection of feedback from friends, most suggest that I do not have to </p> <p>disclose that I did not pass probation, and instead I should frame the reason of leaving</p> <p>as a personal interest reason.</p> <p>My question is:</p> <p>1. Does HR really care about whether a candidate left the previous job involuntarily? </p> <p>2. Will HR from consulting firms ask directly to my previous employer "WHY" I left the</p> <p>job?</p> <p>3. If I am hired, and HR find out that I did not pass probation of my previous job,</p> <p>would it cause a serious issue? </p> <p>Appreciate your advice. Thank you!</p>
    Hello! 1. Since 5 months it´s a relatively short period of time, I am pretty sure they will ask you, regardless of if you state it or not. 2. I don´t think so. In any case, they will only check once an offer is mad ... (read entire answer)
    4
    4
    Answers
    2.7 k
    Views
    6
    Total Upvotes
    on Feb 02, 2020
    Last Activity

    Reason of quitting job

    fit interview interview questions
    Most recent answer on Jan 20, 2020
    <p>Dear community, I have one interview question that I would like to seek advice: why did you leave your last job?</p> <p>I am currently preparing the application of consulting firms in the US, after staying just several months in my last role. The reason I left the job was mainly due to my supervisor who I didn't work along well together. I'd like to hear any advice and also views on below replies:</p> <p>(1) I was not the best fit with my boss (a more direct answer but could sound very negative? What are the typical reactions of interviewers if they've heard this answer? Do they really care why one left a job or they focus more on motivation and case interview?)</p> <p>(2) Did not fit into the corporate or team culture (sounds a bit vague and also negative?)</p> <p>(3) I wanted to switch function since the previous function provides less learning opportunity. The skillsets are capped and not related to consulting. So I decided to quit the job and prepare for consulting, an area that I really enjoy. (not sure whether quitting job to prepare for consulting sounds persuasive...maybe some risk-takers might do the same thing?) </p> <p>Thanks for your advice!</p>
    Hi there, Just sharing my 2 cents below. (1) Fit with boss - I would avoid talking about this point, unless there is a glaring issue with your boss e.g. ethical problem (even then it needs to be a very clear, black ... (read entire answer)
    5
    5
    Answers
    862
    Views
    7
    Total Upvotes
    on Jan 20, 2020
    Last Activity

    What to say if the interviewer asks me about what I think about cutting labor costs?

    interview questions Personal Fit
    Most recent answer on Nov 30, 2019
    And even before appying all the valuable knowledge of the past posts, I would start with a simple "do you want my personal opnion on the topic, or the professional one"? Like this you also ensure what he/she is looking ... (read entire answer)
    6
    6
    Answers
    944
    Views
    27
    Total Upvotes
    on Nov 30, 2019
    Last Activity

    What questions to ask MBB consultants at informational chats over phone?

    BCG McKinsey and Bain Coffee Chat informational interview interview questions MBB Referral
    Most recent answer on Jul 28, 2019
    <p>Hi there,<br> <br> I cold-messaged both via email and LinkedIn several MBB consultants for an informational chat. A couple days ago I had a phone call with a principal at an MBB firm after cold-emailing her (she is an alumnus at my current university). Although, from my perspective, I asked quite open-ended and well-thought questions which showed interest and answers can't be found very easily by a google search (mostly about personal experiences, differences (pros/cons) to previous jobs she had, focus by office etc.), she seemed quite bored even before we started talking and her answers were relatively short and without much elaboration. After stating that I would like to apply in the next couple weeks etc., she didn't volunteer to have me sent her my CV for a referral, but just said that I should feel free to reach out if further questions come up... Even taking into consideration time constraints MBB consultants have, this was a quite short phone call...<br> <br> So, my question is: what would your advice be regarding asking "good" questions (=what should the content be?) and the general flow of the conversation? Generally, how high should the expectations for a person to refer me be after accepting a request for a phone call?<br> <br> Also, at the same firm, I already had a conversation with a Consultant (who has only been at the firm for 3-4 years though) and he told me to send him my CV (implying that he is willing to give me a referral), which I did. Given that he is in a relatively low position and a referral would not have as much weight as principal/partner (although the conversation went quite well), should I continue reaching out to principals/partners or rather leverage my current connection to the consultant and apply via this referral?</p>
    Hi Anonymous, your current ratio of proposed referrals seems to be 50%, which is pretty good. Not all the people you will talk to will be willing to refer you for a number of reasons, including: Lack of strong per ... (read entire answer)
    3
    3
    Answers
    4.2 k
    Views
    7
    Total Upvotes
    on Jul 28, 2019
    Last Activity

    It's the interviewees time to ask questions to the interviewers - What to ask an experienced consultant

    asking questions Interview interview questions
    Recent activity on Feb 18, 2019
    <p>Every interview consists of more than one part. After going through your resume and talking about the possibilities within the organization it's time for you to ask good questions. But what do you ask someone who is working in consulting for a couple of years without seeming to be stupid? What else can you ask except whether they like their job and what they hate about it? </p> <p>Best wishes</p>
    Hi, First of all - never ask why someone hates the job. You'll fail the interview:) The main objective is to have a good conversation and highlight your intellectual capacity and curiosity. Thus: It is ok to ask: ... (read entire answer)
    1
    1
    Answer
    1.4 k
    Views
    3
    Total Upvotes
    on Feb 18, 2019
    Last Activity

    Market Sizing Question (interview): Sales of Lipstick in the US

    Case Interview guess-estimates interview questions Market sizing
    Recent activity on Jan 14, 2019
    Anonymous A gave the best answer on Sep 21, 2017
    <p>Estimate the total industry wide sales of lipstick in the U.S.</p>
    [Pop US] * [% Female] * [% use makeup] * [% use lipstick] * [# of lipsticks they own] * [1/avg lifetime before finished or stop using] * [$ per lipstick] E.g. 300m people * 50% female * about 60% would use make up ... (read entire answer)
    4
    4
    Answers
    9.7 k
    Views
    7
    Total Upvotes
    on Jan 14, 2019
    Last Activity

    When should I state the hypothesis during a case interview?

    Case Case Interview frameworks hypothesis interview questions issue tree
    Recent activity on Sep 26, 2018
    <p>I have a question about hypotheses and issue trees/case structures. Victor Cheng seems to say you should state your hypothesis, and then lay out the structure of your case/draw your issue tree. But surely if you do this and your first couple of hypotheses are disproved, you'll end up with a bunch of wasted effort and having to draw multiple issue trees? Is it not better to draw a structure of all the possible things that could be important in the case, and then take a hypothesis to go down one a</p>
    This is a great question, that applicants struggle with quite often. I personally believe that you can't formulate a valuable hypothesis early on; however, some recruiters really look for this at the beginning of the ca ... (read entire answer)
    10
    10
    Answers
    6.6 k
    Views
    25
    Total Upvotes
    on Sep 26, 2018
    Last Activity

    Total Number of Gas Station/Restaurant Question

    case guesstimation estimation gas station interview questions Market sizing McKinsey quant problems
    Recent activity on Sep 25, 2018
    <p>Hi,</p> <p>What is your framework for finding the total number of gas station, McDonald, Starbucks questions?</p> <p>Thanks</p>
    Hi, I am not completely sure whether you are talking about the general calculations or a market sizing quant problem. If it is the general math, you follow these steps: Take a minute to think about the problem ... (read entire answer)
    14
    14
    Answers
    9.4 k
    Views
    31
    Total Upvotes
    on Sep 25, 2018
    Last Activity
    1 - 18 of 18 results