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External Consultancies 2024 | Wait or sign?

consulting External Consulting

Most recent answer on Apr 30, 2024

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

195
Views

78
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

McKinsey Solve Game

McKinsey recruitment

Most recent answer on Apr 30, 2024

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

169
Views

47
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

Mckinsey framework structuring question

McKinsey

Most recent answer on Apr 30, 2024

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

151
Views

56
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

Looking for exciting discussions from the community?

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 on Apr 30, 2024

Tiago

Expert

ex-BCG Consultant & Interviewer | +150 interviews | Tackle any case w/o memorizing frameworks | Harvard MBA

Tiago

Expert

gave the best answer on Apr 30, 2024

ex-BCG Consultant & Interviewer | +150 interviews | Tackle any case w/o memorizing frameworks | Harvard MBA

Hi Abdulrahman, Coming from an Engineering background myself, I feel your pain. Although PrepLounge is a great platform to leverage, you will need to complement it with other tools at your disposal. Let me try to help y ... (read entire answer)

8
Answers

98
Views

55
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

Relocation bonus negotiations - advice

bonus negotiation relocation

Most recent answer on Apr 30, 2024

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

85
Views

68
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

Math formulae

Consutingmath

Most recent answer on Apr 30, 2024

gave the best answer on May 22, 2021

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

769
Views

44
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

Quantify/Calculate Synergies - Formulae

Synergies

Most recent answer on Apr 30, 2024

gave the best answer on Oct 02, 2021

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

852
Views

29
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

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

Smart Meters

Most recent answer on Apr 30, 2024

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

905
Views

46
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

Area formulae MBB

MBB

Most recent answer on Apr 30, 2024

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

990
Views

37
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

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

Application associate internship McKinsey

Most recent answer on Apr 30, 2024

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

114
Views

65
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

Basic Tips and Formulas for Financial Question

financial analysis M&A Case Net Present Value

Most recent answer on Apr 30, 2024

Cristian

Expert

#1 rated MBB & McKinsey Coach

Cristian

Expert

gave the best answer on Apr 30, 2024

#1 rated MBB & McKinsey Coach

Yes. For you and anyone else who is preparing for case interviews, I’ve put together this material that covers virtually all the formulas you need: Cheatsheet: The Must-Know Consulting Terms for Interviews Best, Cristi ... (read entire answer)

8
Answers

1.5 k
Views

7
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

Common math formulas

math quantitative

Most recent answer on Apr 30, 2024

gave the best answer on May 10, 2021

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

51
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

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

Formula for growth

case math

Most recent answer on Apr 30, 2024

Cristian

Expert

#1 rated MBB & McKinsey Coach

Cristian

Expert

gave the best answer on Apr 30, 2024

#1 rated MBB & McKinsey Coach

For anyone else who is preparing for case interviews, I’ve put together this material that covers virtually all the formulas you need: Cheatsheet: The Must-Know Consulting Terms for Interviews Best, Cristian

4
Answers

1.5 k
Views

6
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

Price Formula Help

BCG Case Interview McKinsey

Most recent answer on Apr 30, 2024

Cristian

Expert

#1 rated MBB & McKinsey Coach

Cristian

Expert

gave the best answer on Apr 30, 2024

#1 rated MBB & McKinsey Coach

2
Answers

1.7 k
Views

6
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

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

M&A M&A Case Valuation

Most recent answer on Apr 30, 2024

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

30
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

When to formulate an hypothesis?

Case Interview hypothesis

Most recent answer on Apr 30, 2024

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

14
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

Business math cases

balance sheet income statement Math problem Valuation

Most recent answer on Apr 30, 2024

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

81
Views

48
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

What formulas to use during the BCG Online Case?

BCG formula Math problem

Most recent answer on Apr 30, 2024

Cristian

Expert

#1 rated MBB & McKinsey Coach

Cristian

Expert

gave the best answer on Apr 30, 2024

#1 rated MBB & McKinsey Coach

If you know the ones from this link you're covered. It would be an absolute exception for a different one to show up. Cheatsheet: The Must-Know Consulting Terms for Interviews Best, Cristian

4
Answers

2.9 k
Views

4
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

Discount rate & NPV formulas

BearingPoint Case: Digital Business Model of a Parking App

Most recent answer on Apr 30, 2024

Anonymous gave the best answer on Oct 16, 2020

In nutshell: Would you prefer to receive 1000 USD now or in one year? I guess now. So basically the 1000 USD in one year have a "smaller" value than 1000 USD now. Let's build on that. If I give you 1000 USD now ... (read entire answer)

4
Answers

3.7 k
Views

30
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

I want to start practicing with people online but the past 3 days, all meetings I had to attend, no one showed up. I'm not sure if something is wrong with my setup..

Practice cases

Most recent answer on Apr 30, 2024

Cristian

Expert

#1 rated MBB & McKinsey Coach

Cristian

Expert

gave the best answer on Apr 24, 2024

#1 rated MBB & McKinsey Coach

This is quite a common problem as I understand from my own candidates. Unless it's a technical issue involved, then it has to do with the reliability of some practice partners. Some people just don't show up for peer ... (read entire answer)

5
Answers

82
Views

20
Total Upvotes

on Apr 30, 2024 on Apr 30, 2024
Last Activity

21 - 40 of 15244 results

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.