Training programs online worth the investment?

firstroundinterview McKinsey
New answer on Aug 20, 2020
6 Answers
1.5 k Views
Anonymous A asked on Oct 10, 2019

Are the training programs online, like IGotAnOffer's McKinsey Training Programme, worth the investment? Was wondering if I should use a program or do it self-study and practice with other people?

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Christine
Admin
replied on Aug 20, 2020
PrepLounge Community & Marketing Manager

UPDATE:

Hi everyone!

You may have noticed that the Prep4Success program has been replaced by the new CoachingPlus program. It's the ideal case interview prep package, that includes everything you need to ace your upcoming case interview: the unlimited possibility to practice with peers and three to ten coachings with former management consultants that will drill you to unfold your entire potential. And all this at an unbeatable price!
Once you have purchased the CoachingPlus package, you will immediately have access to all Premium resources and receive coaching credits based on the number of coachings you have selected. You can directly use these credits in your coaching cockpit to schedule your sessions with your CoachingPlus coaches.

If you have any further questions, don't hesitate to contact us.

Hope this helps and best of luck for your case prep and upcoming case interviews!

Christine

PrepLounge Community Management

PrepLounge Consulting Q&A Forum

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Astrid
Admin
replied on Oct 11, 2019
PrepLounge Head of Product & Marketing

Hi Anonymous A,

Welcome to PrepLounge and thanks for asking your question on our Consulting Q&A!

Based on our many years of experience helping candidates get their job offer, we can advise you to include coaching sessions into your case prep. They are very helpful and will definitely be worth your investment.

Self-study (1) provides you with a basic understanding, peer practice (2) will get you to a decent level of case solving, but coachings (3) will really maximize your chances to get the final job offer. All three building blocks are necessary to build the final tower, but since two of them involve actual practice, you can tell where the main progress happens :)

Vlad explained why coachings are particularly beneficial for your case performance:

I believe YOU NEED BOTH good partners and coaches to increase your odds of success. Partners give you quantity and build your muscle memory.Coaches specifically:

  • Can save you tens if not hundreds of hours. I know many candidates who have done 100+ cases with the poor partners and got no offer.
  • May have a program covering all possible types of the cases (pls check in my profile)
  • Can assess you using the real case interview criteria
  • Can work on your fit interview since they heard hundreds of stories and know how to make them perfect
  • Give you a professional feedback since they have seen hundreds of candidates and can calibrate your performance
  • [...]

For the full Q&A, check the following link: What are the benefits of coaching compared to having a good partner to practice?

These benefits should usually apply for all case coachings done by experienced professtionals, regardless of the provider you will decide on.

But let me explain you the specific benefits of PrepLounge Coaching:

On PrepLounge, you have transparency that you will not find anywhere else: a transparent list of all experts and a glimpse of their expertise showed in our Consulting Q&A. Our coaches have many years of experience at top consulting firms and have already helped thousands of candidates land their dream job offer. All expert profiles include:

  • Professional and educational background
  • Top Skills
  • Infos on their individual coaching approach
  • Number of conducted coachings
  • Reviews & recommendation rate
  • Price per session

This allows you to individually choose the perfect experts for your coaching sessions. For example, you can get insights from an expert who has worked at the exact same company you are applying to.

You can individually book the sessions directly with each expert or take advantage from our Prep4Success coaching package.This is a bundle of f 3, 5 or 10 coaching sessions that gives you an overall discount and includes additional benefits like a one-year premium membership, a McKinsey Practice PST and all the prep material you need.

If you have any further question, don't hesitate to contact us.

Hope this helps and best of luck for your case prep and upcoming case interviews!

Astrid

PrepLounge Community Management

PrepLounge Consulting Q&A Forum

Follow us on: Facebook | Instagram | LinkedIn | twitter

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Udayan
Expert
Content Creator
replied on Oct 10, 2019
Top rated MBB coach with many offers /Ex McKinsey EM in New York /6 years McKinsey recruiting experience/Real cases

It depends on your learning style. A lot of people benefit from interactive learning or 1:1 sessions as that is how they learn best and can quicly get the feedback needed to focus on target areas. If you are a better learner on your own and are looking for more resources as opposed to targeted feedback such a program could be helpful

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Aws
Expert
replied on Oct 10, 2019
Senior Consultant @ Google | McKinsey, BCG, Bain exp. as Client | 100+ REAL MBB cases

A,

There is no right or wrong answer here. It is all about:

- Your level of preparation;

- Other resources you are using;

- With whom you are preparing.

So, it will depend on your learning style what you prefer and how much you are willing to spend of each option. The best prep for interviews is with other people here on PL. Happy to review your personal prep plan if you would like. Feel free to DM me.

Hope this helps.

Best, Aws

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Anonymous B replied on Oct 10, 2019

Depends on your budget. If you think that the program from IGAO will be suffiecient for getting an offer, you're wrong. I bought their materials for McKinsey preparation - they are good for starting and concepts in the beginning. You can learn a lot from them, but they only have 10 cases + couple of additional exercises. You should also practice different cases with various candidates in platform such as PL.

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Anonymous on Oct 10, 2019

Alright, thanks!

(edited)

Anonymous C replied on Oct 10, 2019

Hello anonymous,

I think that crafting cases is a good one, you should be able to master structuring when you finish it. The LOMS programme is not a training programme but it is super helpful as well. It is important to focus on areas of improvement with every case that you do rather than practising tons of cases.

Best of luck!

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