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T2 Consulting or Big4 Strategy Specialization Unit

consulting tier2
Most recent answer 7 hours ago
The best answer (on Mar 10, 2024) is from:
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 10, 2024
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Hi there, Congratulations on the offers! In terms of your question: Q: Should I defy the brand and start at a Big4 consultancy and pursue my passion? Or start with Big4 Strategy and switch later for the "brand"? It depe ... (read entire answer)
8
Answers
210
Views
70
Total Upvotes
7 hrs ago 7 hours ago
Last Activity

McK Solve server unreachable

Assessment Imbellus McKinsey
Most recent answer 7 hours ago
The best answer (on Mar 14, 2024) is from:
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 Mar 14, 2024
Ex-Roland Berger|Project Manager and Recruiter|7+ years of consulting experience in USA and Europe
Hi there, sorry to hear about this. I think you have done what you could and tech support has to help you further here. I would just maybe also send a message to the recruiter to keep them in the loop about your issues ... (read entire answer)
9
Answers
225
Views
57
Total Upvotes
7 hrs ago 7 hours ago
Last Activity

Does McKinsey solve result really matter?

McKinsey McKinsey & Company
Most recent answer 7 hours ago
The best answer (on Mar 14, 2024) is from:
Pedro
Expert
Bain | Roland Berger | EY-Parthenon | Mentoring Approach | 30% off in April| Market Sizing | DARDEN MBA
Pedro
Expert
gave the best answer on Mar 14, 2024
Bain | Roland Berger | EY-Parthenon | Mentoring Approach | 30% off in April| Market Sizing | DARDEN MBA
Yes, IT MATTERS.  Sure, how much it matters depends on how good is the rest of your application. If everything else is great then, yes, you are likely to be just ticking a box (also likely to do a good job anyway). But ... (read entire answer)
8
Answers
489
Views
66
Total Upvotes
7 hrs ago 7 hours ago
Last Activity

External Consultancies 2024 | Wait or sign?

consulting External Consulting
Most recent answer 7 hours ago
The best answer (on Mar 20, 2024) is from:
Niklas
Expert
McKinsey Jr. Engagement Manager | Interviewer at McK| Coached numerous candidates to secure MBB offers | University of Oxford
Niklas
Expert
gave the best answer on Mar 20, 2024
McKinsey Jr. Engagement Manager | Interviewer at McK| Coached numerous candidates to secure MBB offers | University of Oxford
Congrats on getting offers! :) I would do the move as this improves your chances of getting an offer from MBB in the future. 
10
Answers
190
Views
74
Total Upvotes
7 hrs ago 7 hours ago
Last Activity

McKinsey Solve Game

McKinsey recruitment
Most recent answer 7 hours ago
The best answer (on Mar 21, 2024) is from:
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 21, 2024
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Hi there, Q: If I receive an invitation to complete the Solve game, does that imply that I have already passed the CV screening stage, or is the Solve game part of the CV screening stage itself? Depending on the country ... (read entire answer)
6
Answers
166
Views
44
Total Upvotes
7 hrs ago 7 hours ago
Last Activity

Mckinsey framework structuring question

McKinsey
Most recent answer 8 hours ago
The best answer (on Apr 28, 2024) is from:
Gero
Expert
Ex-BCG │200+ Interviews & Interview Coachings @ BCG │ 20+ candidates coached into MBB │WHU/LSE/Nova │ Teacher & Trainer
Gero
Expert
gave the best answer on Apr 28, 2024
Ex-BCG │200+ Interviews & Interview Coachings @ BCG │ 20+ candidates coached into MBB │WHU/LSE/Nova │ Teacher & Trainer
Hi there, Accurate observation! A McKinsey interview is interviewer-led, meaning you get a sequence of questions you answer separately. That means the interviewer effectively determines which areas you investigate furth ... (read entire answer)
7
Answers
132
Views
39
Total Upvotes
8 hrs ago 8 hours ago
Last Activity

I have an engineering background, and I know nothing about business. Do I just trust the process on Preploung or I need to do something extra ?

preparation
Most recent answer 8 hours ago
The best answer (on Apr 29, 2024) is from:
Agrim
Expert
BCG Dubai Project Leader | Learn to think like a Consultant | Free personalised prep plan | 6+ years in Consulting
Agrim
Expert
gave the best answer on Apr 29, 2024
BCG Dubai Project Leader | Learn to think like a Consultant | Free personalised prep plan | 6+ years in Consulting
Consulting, and case interviews are designed to be a testing tool that can be relatively well-applied to people from a large variety of background. However, being an engineer is often the more helpful of backgrounds for ... (read entire answer)
8
Answers
77
Views
28
Total Upvotes
8 hrs ago 8 hours ago
Last Activity

Relocation bonus negotiations - advice

bonus negotiation relocation
Most recent answer 8 hours ago
The best answer (on Apr 25, 2024) is from:
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 Apr 25, 2024
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hi there, First of all, I am sorry to hear about your negative experience with the relocation bonus! I would be happy to share my thoughts on your situation: First of all, I would advise you to reconsider reaching out d ... (read entire answer)
7
Answers
82
Views
66
Total Upvotes
8 hrs ago 8 hours ago
Last Activity

Math formulae

Consutingmath
Most recent answer 8 hours ago
The best answer (on May 22, 2021) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on May 22, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, 100% Recommend Rocket Blocks. Online "Drills": Preplounge has some Math sheets (print these and do them on paper): Google "Math Drills" In addition to that, you can ask other PrepLoungers to case yo ... (read entire answer)
5
Answers
768
Views
43
Total Upvotes
8 hrs ago 8 hours ago
Last Activity

Quantify/Calculate Synergies - Formulae

Synergies
Most recent answer 8 hours ago
The best answer (on Oct 02, 2021) is from:
Pedro
Expert
Bain | Roland Berger | EY-Parthenon | Mentoring Approach | 30% off in April| Market Sizing | DARDEN MBA
Pedro
Expert
gave the best answer on Oct 02, 2021
Bain | Roland Berger | EY-Parthenon | Mentoring Approach | 30% off in April| Market Sizing | DARDEN MBA
It's difficult to give a complete answer to this, so let me mention a few relevant points and maybe other coaches can complete the answer: At a high level you compare the Merged company profitability with the “As is” co ... (read entire answer)
4
Answers
849
Views
26
Total Upvotes
8 hrs ago 8 hours ago
Last Activity

Can someone explain why this is the formula for the number of smart-meters?

Smart Meters
Most recent answer 8 hours ago
The best answer (on Mar 22, 2021) is from:
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 Mar 22, 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
Hello! Not sure that I understand what you don´t understand, could you rephrase? My understanding is that: Households property in Hamburg * Smart Meters per householdsproperty + + Commercial property ... (read entire answer)
6
Answers
903
Views
43
Total Upvotes
8 hrs ago 8 hours ago
Last Activity

Area formulae MBB

MBB
Most recent answer 8 hours ago
Anonymous B gave the best answer on Jul 24, 2021
Unlikley but its pretty basic... you would question the CV as you would have covered them in middle and/or high school...
7
Answers
988
Views
36
Total Upvotes
8 hrs ago 8 hours ago
Last Activity

Converting an internship application into a full time application - McKinsey Europe

Application associate internship McKinsey
Most recent answer 8 hours ago
The best answer (on Apr 24, 2024) is from:
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 24, 2024
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Hi Mary, Q: I also have more than 2 years of full-time experience. Is it possible to convert my application into a Junior Associate role or even an Associate role? With 2 years of experience, you should still match the ... (read entire answer)
5
Answers
113
Views
62
Total Upvotes
8 hrs ago 8 hours ago
Last Activity

Basic Tips and Formulas for Financial Question

financial analysis M&A Case Net Present Value
Most recent answer 8 hours ago
Anonymous gave the best answer on Apr 30, 2020
Hi! Given your background in engineering, it is unlikely the interiewer would grill you on very techincal M&A or investment questions. That said, do prepare for basic business and finance knowlege. Read the cou ... (read entire answer)
8
Answers
1.5 k
Views
6
Total Upvotes
8 hrs ago 8 hours ago
Last Activity

Common math formulas

math quantitative
Most recent answer 9 hours ago
The best answer (on May 10, 2021) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on May 10, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, Some key formulas/concepts: Breakeven NPV (with + without growth, perpituity + 1-2 years from now) % Change ROI Margin Markup Inventory turnover Some other helpful Q&As: https://www. ... (read entire answer)
5
Answers
1.5 k
Views
49
Total Upvotes
9 hrs ago 9 hours ago
Last Activity

Formula for growth

case math
Most recent answer 9 hours ago
The best answer (on Sep 24, 2019) is from:
Vlad
Expert
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Expert
gave the best answer on Sep 24, 2019
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Hi, It's the rule of 72: 1) 72 or 70 (whichever is easier to calculate) is devided by 5. Thus 70 / 5 = 14. It's the number of years it takes to double the investment 2) If you have 10 years, then your investment w ... (read entire answer)
4
Answers
1.5 k
Views
3
Total Upvotes
9 hrs ago 9 hours ago
Last Activity

Price Formula Help

BCG Case Interview McKinsey
Most recent answer 9 hours ago
The best answer (on Dec 21, 2018) is from:
Vlad
Expert
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Expert
gave the best answer on Dec 21, 2018
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Hi, I don't think you can not solve it without knowing the quantity or revenue. You could solve it however if 30% was the gross margin. Best,
2
Answers
1.7 k
Views
2
Total Upvotes
9 hrs ago 9 hours ago
Last Activity

Technical interview about M&A: WACC formula for a private company

M&A M&A Case Valuation
Most recent answer 9 hours ago
The best answer (on Apr 12, 2021) is from:
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 agree that this seems more complicated than what you are going to find in such interviews. What you need to know how to do is: NPVs, knowing the: r, disccount rate C, capital n, number of yea ... (read entire answer)
3
Answers
2.3 k
Views
28
Total Upvotes
9 hrs ago 9 hours ago
Last Activity

When to formulate an hypothesis?

Case Interview hypothesis
Most recent answer 9 hours ago
The best answer (on Jan 16, 2019) is from:
Sidi
Expert
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Sidi
Expert
gave the best answer on Jan 16, 2019
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Hi Hubert! My general recommendation is: delay the explicit statement of a hypothesis until you have something to ground your hypothesis on! Just stating a hypothesis for the sake of it serves absolutely no purpose! M ... (read entire answer)
4
Answers
2.8 k
Views
13
Total Upvotes
9 hrs ago 9 hours ago
Last Activity

Business math cases

balance sheet income statement Math problem Valuation
Most recent answer 9 hours ago
The best answer (on Apr 23, 2024) is from:
Cristian
Expert
#1 rated MBB & McKinsey Coach
Cristian
Expert
gave the best answer on Apr 23, 2024
#1 rated MBB & McKinsey Coach
Aviv, Great to see that you're targeted in terms of practicing your business maths.  Honestly, you don't need ‘Income Statement, Balance sheet, Valuation (Both Comparables and DCF).’ for consulting interviews. Unless yo ... (read entire answer)
4
Answers
80
Views
46
Total Upvotes
9 hrs ago 9 hours ago
Last Activity
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Consulting Q&A – Ask Questions about Your Career

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. Here you can also find our guidelines and FAQs for the Consulting Q&A.