expert
Expert with best answer

Vlad

97% Recommendation Rate

388 Meetings

7,362 Q&A Upvotes

USD 299 / Coaching

1

What can I do in the next year to prepare thoroughly for MBB consultant hiring processes?

Bachelors was in finance from a top ranked university in India 4 years ago.

Non consulting experience: Around 4 years of experience with a well known banking MNC in finance and data analytics. Also involved managing teams of around 8 analysts, making client pitch-books, working with government on some implementation projects and on constructing valuation and financial models. Also part of the national CSR committee for the organization.

Will pursue my MPA at LSE starting this September.

Primarily, what can I do to prepare for the selection process as well as to build a well rounded profile to pass the initial shortlist? For instance, I have won accolades in classical dance forms and for some volunteering projects I initiated at college and then at work and planned to actively engage in similar clubs at LSE. Furthermore, what technical skills should I work on? I have experience with IB softwares like FactSet, Thompson, Capital IQ etc. And can work on softwares like SQL, Stata, R; in addition to having above average command over excel and ppt - should I start learning Tableau too?

Also, do I qualify as an experienced hire or will I be considered for entry level roles?

Bachelors was in finance from a top ranked university in India 4 years ago.

Non consulting experience: Around 4 years of experience with a well known banking MNC in finance and data analytics. Also involved managing teams of around 8 analysts, making client pitch-books, working with government on some implementation projects and on constructing valuation and financial models. Also part of the national CSR committee for the organization.

Will pursue my MPA at LSE starting this September.

Primarily, what can I do to prepare for the selection process as well as to build a well rounded profile to pass the initial shortlist? For instance, I have won accolades in classical dance forms and for some volunteering projects I initiated at college and then at work and planned to actively engage in similar clubs at LSE. Furthermore, what technical skills should I work on? I have experience with IB softwares like FactSet, Thompson, Capital IQ etc. And can work on softwares like SQL, Stata, R; in addition to having above average command over excel and ppt - should I start learning Tableau too?

Also, do I qualify as an experienced hire or will I be considered for entry level roles?

(edited)

1 answer

  • Upvotes
  • Date ascending
  • Date descending
Best Answer
Book a coaching with Vlad

97% Recommendation Rate

388 Meetings

7,362 Q&A Upvotes

USD 299 / Coaching

Hi,

Hi,

Most probably you will be considered as an experienced hire

You can learn Tableau in 1 day - not a gamechanger

The following extracurricular activities can help:

  • Launching your own venture and entrepreneurial activities (even failing them is fine)
  • Grants / scholarships - even better if related to some research or entrepreneurial projects
  • Projects for companies - you may consider doing a free project for the company or a startup or writing a case that future grads will use
  • Volunteer / social activities. I would aim at the activities where you can have a leadership role. Organizing some club may work as well.
  • Case Competitions-especially the ones organized by your target company
  • Researches / articles published in well-known sources

The best thing you can do is getting a referral. Pls find more information regarding the referral here:

https://www.preplounge.com/en/consulting-forum/what-is-a-referral-really-1103#a2129

Best!

Hi,

Hi,

Most probably you will be considered as an experienced hire

You can learn Tableau in 1 day - not a gamechanger

The following extracurricular activities can help:

  • Launching your own venture and entrepreneurial activities (even failing them is fine)
  • Grants / scholarships - even better if related to some research or entrepreneurial projects
  • Projects for companies - you may consider doing a free project for the company or a startup or writing a case that future grads will use
  • Volunteer / social activities. I would aim at the activities where you can have a leadership role. Organizing some club may work as well.
  • Case Competitions-especially the ones organized by your target company
  • Researches / articles published in well-known sources

The best thing you can do is getting a referral. Pls find more information regarding the referral here:

https://www.preplounge.com/en/consulting-forum/what-is-a-referral-really-1103#a2129

Best!

Thanks for all the recommendations above! Very insightful. Any tip on how to distribute the time for the selection process prep? — Anonymous A on Jul 02, 2019

Related case(s)

Espresso, Whatelse?

Solved 3.4k times
Espresso, Whatelse? Espresso Whatelse is an Italian company that produces coffee and espresso machines since 1908. It is the Italian market leader and has a strong presence overall in Europe. In 2019, Espresso Whatelse has increased its revenues but it has seen declining profit margin. Your client wants to understand the root causes of this 2019 trend and how to increase its profit margin again.  
4.7 5 173
| Rating: (4.7 / 5.0)

Espresso Whatelse is an Italian company that produces coffee and espresso machines since 1908. It is the Italian market leader and has a strong presence overall in Europe. In 2019, Espresso Whatelse has increased its revenues but it has seen declining profit margin. Your client wants to understand ... Open whole case

MBB Final Round Case - Smart Education

Solved 3.3k times
MBB Final Round Case - Smart Education Our client is SmartBridge, a nonprofit educational institution offering face-to-face tutoring services. The client operates in the US. The mission of SmartBridge is to help as many students as possible to complete studies and prevent that they drop from the school system, in particular in disadvantaged areas. The client is considering starting operations for its services in the Chicago area. They hired us to understand if that makes sense. Due to the nonprofit regulation, SmartBridge should operate on its own in the market, without any partnership. How would you help our client?
4.6 5 125
| Rating: (4.6 / 5.0)

Our client is SmartBridge, a nonprofit educational institution offering face-to-face tutoring services. The client operates in the US. The mission of SmartBridge is to help as many students as possible to complete studies and prevent that they drop from the school system, in particular in disadvant ... Open whole case

Coronavirus Times - COVID-19 Brainteaser

Solved 1.0k times
Coronavirus Times - COVID-19 Brainteaser You and your family are faced with a challenging set of decisions. Due to coronavirus, your partner has taken a 20% paycut and you are worried you may lose your job. In addition, while daycare is still open, you are worried that sending your two children there will increase the risk of them bringing the virus back to your house, where your elderly grandparents are also staying. How would you go about thinking about this problem, and what would you recommend?
4.6 5 26
| Rating: (4.6 / 5.0)
Difficulty: Beginner | Style: Brain Teaser | Topics: Brain teaser

You and your family are faced with a challenging set of decisions. Due to coronavirus, your partner has taken a 20% paycut and you are worried you may lose your job. In addition, while daycare is still open, you are worried that sending your two children there will increase the risk of them bringing ... Open whole case

Chinese Chess - Airline Business During COVID-19

Solved 800+ times
Chinese Chess - Airline Business During COVID-19 Sky China, a government-backed Chinese airline, has recently seen profits plummet due to COVID-19. Profits are down 80% in the months of February and March, but are showing early signs of a rebound in April.  They've brought you in to first investigate what can be done immediatedly to prevent hemorrhaging cash and surive in the short-term. They are also looking to see how the current situation can be viewed as an opportunity, and what can be done to prepare for the future. 
4.4 5 21
| Rating: (4.4 / 5.0)

Sky China, a government-backed Chinese airline, has recently seen profits plummet due to COVID-19. Profits are down 80% in the months of February and March, but are showing early signs of a rebound in April. They've brought you in to first investigate what can be done immediatedly to prevent hemor ... Open whole case

Hot Wheels

Solved 500+ times
Hot Wheels Problem definition: Our client is Korean Car Parts (KCP), a multi-national original equipment manufacturer (OEM) of car parts based in Korea. They've recently seen a decline in profits and have brought us in to understand how to address this falling profitability.
4.3 5 15
| Rating: (4.3 / 5.0)

Problem definition: Our client is Korean Car Parts (KCP), a multi-national original equipment manufacturer (OEM) of car parts based in Korea. They've recently seen a decline in profits and have brought us in to understand how to address this falling profitability. Open whole case