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.

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Big4 value creation services

Big4 Deals Strategy MBB Value Creation
Most recent answer on Mar 07, 2024
The best answer (on Feb 01, 2024) is from:
Avinash
Expert
ex-BCG 4 years | Interviewer at BCG | 4 BCG offices (Miami, Madrid, Bogotá, Lima) | Now start-up founder $50M+ raised
Avinash
Expert
gave the best answer on Feb 01, 2024
ex-BCG 4 years | Interviewer at BCG | 4 BCG offices (Miami, Madrid, Bogotá, Lima) | Now start-up founder $50M+ raised
Congrats on the offer. I have two thoughts:1/ I do believe the current brand on your CV affects your chances of getting into MBB. When I joined the BCG Madrid office, out of 10 people accepted in my cohort, 2 came from ... (read entire answer)
7
Answers
195
Views
84
Total Upvotes
on Mar 07, 2024 on Mar 07, 2024
Last Activity

How to move into Private Equity from Consulting?

Deals Strategy Private Equity
Most recent answer on Mar 05, 2024
The best answer (on Mar 05, 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 Mar 05, 2024
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hi there, I would be happy to share my thoughts on your questions: First of all, moving into private equity from consulting is a well-trodden path for many consultants. Consultants bring in valuable skills, especially w ... (read entire answer)
5
Answers
134
Views
51
Total Upvotes
on Mar 05, 2024 on Mar 05, 2024
Last Activity

Banking strategy case

Banking Deals Strategy growth strategy
Most recent answer on Nov 11, 2023
The best answer (on Nov 11, 2023) is from:
Cristian
Expert
#1 rated MBB & McKinsey Coach
Cristian
Expert
gave the best answer on Nov 11, 2023
#1 rated MBB & McKinsey Coach
Hi! Sharing two of my banking cases here that are more focused on digital topics (in line with what current cases are about as well). Hope you find them helpful: https://www.preplounge.com/en/management-consulting-cases ... (read entire answer)
2
Answers
302
Views
8
Total Upvotes
on Nov 11, 2023 on Nov 11, 2023
Last Activity

PwC Strategy& Deals Strategy Internship

Case Case Interview Deals Deals Strategy M&A PwC PwC Interview strategy&
Most recent answer on Oct 31, 2023
The best answer (on Oct 31, 2023) is from:
Raj
Expert
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK
Raj
Expert
gave the best answer on Oct 31, 2023
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK
Hi there! Congratulations on securing an interview for PwC's Strategy& Deals Strategy internship! While I don't have specific information about the cases for this particular practice, I can provide some general guid ... (read entire answer)
3
Answers
12.0 k
Views
12
Total Upvotes
on Oct 31, 2023 on Oct 31, 2023
Last Activity

PwC Deals Technical Interview

Deals Deals Strategy PwC PwC Interview Technical Experience Interview
Most recent answer on Oct 08, 2023
The best answer (on Jun 25, 2023) 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 Jun 25, 2023
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, It can be anything relating to deals! So, there could be cases around aquisitions, mergers, divestments, post-merger integrations, etc. Or there could be brainstorming questions (how would you do x). Finally, ... (read entire answer)
5
Answers
964
Views
54
Total Upvotes
on Oct 08, 2023 on Oct 08, 2023
Last Activity

EY-Parthenon vs Strategy& Deals vs LEK

Deals Strategy EYP LEK strategy&
Most recent answer on Oct 08, 2023
The best answer (on Sep 28, 2023) is from:
Lorenzo
Expert
University of St.Gallen graduate | Learn to think like a Consultant | Personalized prep | CV review
Lorenzo
Expert
gave the best answer on Sep 28, 2023
University of St.Gallen graduate | Learn to think like a Consultant | Personalized prep | CV review
The perceived image of consulting firms, including their M&A teams, can vary depending on factors like location, industry focus, and individual experiences. However, I can provide some general insights into the repu ... (read entire answer)
7
Answers
1.1 k
Views
96
Total Upvotes
on Oct 08, 2023 on Oct 08, 2023
Last Activity

Final Round Mckinsey

Client and MBB Deals Strategy Final Round McKinsey
Most recent answer on Jul 13, 2023
The best answer (on Jul 09, 2023) is from:
Emily
Expert
300+ coached cases | Former McKinsey interviewer + recruiting lead| End-to-end prep in 2 weeks
Emily
Expert
gave the best answer on Jul 09, 2023
300+ coached cases | Former McKinsey interviewer + recruiting lead| End-to-end prep in 2 weeks
Congratulations on reaching the final round interview with McKinsey! It's natural to have some concerns and questions about your performance, but it's important not to jump to conclusions based on a single aspect of the ... (read entire answer)
8
Answers
497
Views
35
Total Upvotes
on Jul 13, 2023 on Jul 13, 2023
Last Activity

BCG, Oliver Wyman or Strategy& (all London)

BCG bcg london Deals Strategy Oliver Wyman oliver wyman london
Most recent answer on Dec 10, 2022
The best answer (on Dec 10, 2022) 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 Dec 10, 2022
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hi Tom, First of all, congratulations on the offers! This is indeed an interesting question which is probably relevant for a lot of users, thus I am happy to provide my perspective on it: While it is true that BCG may h ... (read entire answer)
6
Answers
2.4 k
Views
30
Total Upvotes
on Dec 10, 2022 on Dec 10, 2022
Last Activity

Incoming Strategy&: Switching From Corporate To Deals/M&A

Big Four - Strategy Deals Strategy
Most recent answer on Nov 28, 2022
The best answer (on Dec 06, 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 Dec 06, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, Quite honestly, your situation doesn't sound promising. If you weren't given the Deals/M&A team to start with, you'll have to wait years before you're transfered (if you are at all). You need to think abou ... (read entire answer)
5
Answers
1.5 k
Views
18
Total Upvotes
on Nov 28, 2022 on Nov 28, 2022
Last Activity

Career Advice - No Progression & On the bench

big four Career Advising career move career progression Deals Strategy staffing
Most recent answer on Nov 13, 2022
The best answer (on Nov 13, 2022) is from:
Mario
Expert
Ex-Mckinsey (analyst->associate->manager) and now in tech (Bytedance) + Part time interview coach and mentor
Mario
Expert
gave the best answer on Nov 13, 2022
Ex-Mckinsey (analyst->associate->manager) and now in tech (Bytedance) + Part time interview coach and mentor
Hi there,   Sorry to hear you're not having a great experience so far. Here are some tips to keep in mind: 1- Be vocal about your concerns As you go through this phase, be vocal about this feedback to your direct manage ... (read entire answer)
2
Answers
1.0 k
Views
19
Total Upvotes
on Nov 13, 2022 on Nov 13, 2022
Last Activity

Strategy& - Screening call horrible experience and need your guidance

Deals Strategy strategy&
Most recent answer on Aug 11, 2022
The best answer (on Aug 11, 2022) 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 Aug 11, 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, I'm going to say two seemingly contradictory things. 1) I'm really sorry. That's a terrible experience and shouldn't happen. 2) Suck it up - welcome to life and welcome to a professional career (especially in ... (read entire answer)
4
Answers
723
Views
25
Total Upvotes
on Aug 11, 2022 on Aug 11, 2022
Last Activity

Deal Advisory - Value Creation

Big4 Deals Strategy Value Creation
Most recent answer on Jul 31, 2022
Anonymous B gave the best answer on Jul 26, 2022
Hey Anon!   I published this to you anonymously - because I think I know the team you are in and so know the inside and out quite well. (Don't worry, I've got your back).  The Value Creation team there does largely do a ... (read entire answer)
7
Answers
706
Views
43
Total Upvotes
on Jul 31, 2022 on Jul 31, 2022
Last Activity

Big 4 to Big 3

Deals Strategy From Big4 to to Big3 Transaction Services Value Creation
Most recent answer on Jul 05, 2022
The best answer (on Jul 04, 2022) is from:
Francesco
Expert
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 10Y+ Coaching
Francesco
Expert
gave the best answer on Jul 04, 2022
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 10Y+ Coaching
Hi there, Q: Are there any advice I can do to ensure that I will be in a great position when the opportunity to apply come? Also are there any suggested ways I can do to network and get referral.  If you want to get an ... (read entire answer)
5
Answers
919
Views
34
Total Upvotes
on Jul 05, 2022 on Jul 05, 2022
Last Activity

Tier 2 strategy consulting vs. Deloitte digital ventures ?

Commercial Due Dilligence Deals Strategy venture architect
Most recent answer on Jun 21, 2022
The best answer (on Jun 17, 2022) is from:
Kurt
Expert
Conducted over 100 interviews for grads, interns & experienced hires
Kurt
Expert
gave the best answer on Jun 17, 2022
Conducted over 100 interviews for grads, interns & experienced hires
One helpful exercise might be to define in detail where you would like to be in your career in ten years and then work backwards to see the best way to get there (and which if either of these two options will best help ... (read entire answer)
7
Answers
1.2 k
Views
67
Total Upvotes
on Jun 21, 2022 on Jun 21, 2022
Last Activity

PWC Deals Strategy Interview

Deals Strategy PwC Interview
Most recent answer on May 11, 2022
The best answer (on May 10, 2022) 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, 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, What to expect in general You should absolutely expect cases/questions to be much more deal focused. As such, you should practice M&A/DD cases. Furthermore, they would absolutely expect you to leverage you ... (read entire answer)
3
Answers
3.1 k
Views
17
Total Upvotes
on May 11, 2022 on May 11, 2022
Last Activity

(PWC) Deals Strategy in Deals and Strategy&

Deals Deals Strategy strategy&
Most recent answer on Apr 30, 2022
The best answer (on Apr 30, 2022) is from:
Andi
Expert
BCG 1st & Final Round interviewer | Personalized prep with >95% success rate | 7yrs coaching | #1 for Experienced Hires
Andi
Expert
gave the best answer on Apr 30, 2022
BCG 1st & Final Round interviewer | Personalized prep with >95% success rate | 7yrs coaching | #1 for Experienced Hires
Hi there, Strategy& is PWC's strategy arm, and more prestigious consulting outlet. Means their projects are quite similar to the work MBB typically offers, while PWC is more operational / technical. Now that said, y ... (read entire answer)
2
Answers
1.3 k
Views
5
Total Upvotes
on Apr 30, 2022 on Apr 30, 2022
Last Activity

Strategy& Deals Strategy

A.T. Kearney Accenture Strategy BCG Deals Strategy Deloitte S&O EY-Parthenon McKinsey & Company Oliver Wyman Roland Berger strategy&
Most recent answer on Oct 28, 2021
The best answer (on Oct 23, 2021) is from:
Pedro
Expert
30% off in March 2024 | Bain | EY-Parthenon | Roland Berger | Market Sizing | DARDEN MBA
Pedro
Expert
gave the best answer on Oct 23, 2021
30% off in March 2024 | Bain | EY-Parthenon | Roland Berger | Market Sizing | DARDEN MBA
Can you reach out directly to me (and let me know which country you are applying to)? I am happy to provide my opinion, but would rather do it in private.
2
Answers
1.5 k
Views
2
Total Upvotes
on Oct 28, 2021 on Oct 28, 2021
Last Activity

KPMG Case Inteviews - Strategy, M&A

Big Four - Strategy Corporate Strategy Deals Strategy IT Strategy KPMG M&A M&A Case
Most recent answer on Sep 16, 2021
The best answer (on Sep 15, 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 Sep 15, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi Jelena, KPMG generally has candidate-led cases. In terms of case complexity, you should always assume the worst/hardest. Please prepare yourself for a wide range of scenarios here! Read up on the following Q&As f ... (read entire answer)
3
Answers
4.5 k
Views
12
Total Upvotes
on Sep 16, 2021 on Sep 16, 2021
Last Activity

M&A Deal Cycle sell side

Deals Strategy M&A
Most recent answer on Jun 01, 2021
The best answer (on Jun 01, 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 Jun 01, 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
Hello! Same as Marco, feel free to PM me! Back in McK I did plenty of DDs, all were M&A, so happy to chat Cheers, Clara
4
Answers
820
Views
20
Total Upvotes
on Jun 01, 2021 on Jun 01, 2021
Last Activity

Exit Options Tier 2 vs. Big4

consulting exit Corporate Deals Strategy exit opportunities exit options Job offer start-up tier 2 consulting Tier 2 Offer Venture Capital
Most recent answer on Apr 04, 2021
The best answer (on Apr 03, 2021) is from:
Francesco
Expert
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 10Y+ Coaching
Francesco
Expert
gave the best answer on Apr 03, 2021
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 10Y+ Coaching
Hi there, In general Tier 2 will offer better options for strategy positions in corporates, but it also depends on the specific role you are targeting. It also depends on what you mean by Tier 2 ;) I would perso ... (read entire answer)
5
Answers
2.7 k
Views
49
Total Upvotes
on Apr 04, 2021 on Apr 04, 2021
Last Activity
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