Management Consulted

JULY 17, 2016

Welcome back to our series on using frameworks to break down case interviews. In our first article, we provided an overview of frameworks and how you can use them to solve any case that gets put in front of you. Today, we’re looking at profit, which is probably the most important framework.

Case Interview 100

Case Interview Interviews Insurance Insurance 100

Tom Spencer

JUNE 2, 2018

Sometimes interviewees find it hard to differentiate themselves by simply using common frameworks. The problem with common frameworks is that they are too board to allow you to give an insightful synthesis. And as more and more candidates start to use them frequently, it is harder to impress the interviewers. How will you win?

Case Interview 68

Case Interview Interviews Retail Tools 68

Tom Spencer

MAY 13, 2018

As I have been asked by quite a lot of people to share some frameworks, I will use the next 3 posts to walk you through the most frequently used frameworks in the case interview. While you are reading those frameworks and related examples, keep in mind that no framework is the skeleton key to all case interviews.

Case Interview 68

Case Interview Study Interviews Marketing 68

Management Consulted

JANUARY 17, 2016

Welcome back to our case interview frameworks series, giving you a step by step approach to solve any case that’s set before you. Case interview frameworks are used to open a case and to solve a case. Profitability. Market Study. Mergers and Acquisitions. 1 – Market Sizing.

Case Interview 100

Case Interview Interviews Marketing Sales 100

CaseInterview.com

MARCH 21, 2019

I've had several requests to provide an example of a case involving the Capacity Change Framework as described in my case interview frameworks article. First, you don't see this kind of case very often. I did 60+ case interview questions and never saw this case even once.

Case Interview 69

Case Interview Examples Interviews Airlines 69

Tom Spencer

MAY 20, 2018

Another framework you should know is the Mergers & Acquisitions framework (M&A framework). The reason that this framework is worth introducing is due to the increasing frequency of M&A cases confronting candidates in the case interview. The M&A framework is set out below.

Case Interview 68

Case Interview Interviews Cash Flow Financial 68

Tom Spencer

MAY 26, 2018

Candidates often use the Value Chain Framework without being aware of it. However, the Value Chain Framework is indeed very useful when it comes to breaking down a firm’s activities and processes, so it deserves our attention. Fortunately, the structure of the Value Chain Framework is very easy to remember. Case Prompts.

Case Interview 68

Case Interview Interviews Analysis Productivity 68

CaseInterview.com

JUNE 13, 2019

I was recently sent this email from a student who has upcoming interviews with Bain and McKinsey asking me to clarify some details on my profit loss framework below is his question as well as my response. in the interview process, generally we simplify the process to assume the two are the same. Additional Resources.

Case Interview 40

Case Interview Interviews McKinsey Bain 40

Tom Spencer

APRIL 26, 2024

In this article, we’ll delve into the key skills assessed in a consulting interview , ranging from behavioral qualities and business analysis to exceptional communication skills. During the interview process, recruiters are keen on evaluating your behavioural traits to ensure you align with the company’s values and culture.

Interviews 78

Interviews Case Interview Consulting Culture 78

Tom Spencer

NOVEMBER 21, 2020

Interviews are difficult – they involve researching the company, preparing for informational interviews, and practicing behavioral questions. If you are aiming for a consulting internship or full-time job, there is also an unavoidable hurdle you will need to jump – case interviews. Case interviews can be stressful.

Case Interview 148

Case Interview Interviews Deloitte Bain 148

Management Consulted

JULY 11, 2019

MECE case framework example is great for understanding how to be MECE during your case interview. You must be able to structure your case in a way that demonstrates to your interviewer than you understand how to be mutual exclusive … Continue Reading.

Examples 100

Examples Case Interview Interviews Consulting 100

Tom Spencer

AUGUST 8, 2021

Cracking a case can be a daunting task. As you prepare for your next consulting case interview, here are 4 quick tips that will help you to tackle any case. Remember, the interviewer may have additional information that they will only share if you ask! Adapt your own framework to the situation. Be creative!

Case Interview 88

Case Interview Interviews Case Study Case Studies 88

Tom Spencer

MAY 23, 2020

Case interviews can be a hurdle or stepping stone at the beginning of your consulting career. The interview tests your problem solving ability, communication skills, composure and interpersonal skills. There is no magic number of cases one should do in preparation. Within the interview you need to act like a consultant.

Case Interview 88

Case Interview Interviews How To Analysis 88

Management Consulted

JUNE 8, 2014

The case study question is a fundamental portion of any consulting interview. When it comes to evaluating case studies, none of your other skills really matter. The bad news is that case study questions require a very particular way of thinking. Structure is everything when it comes to answer case study questions.

Case Study 194

Case Study Case Studies Study Case Interview 194

Tom Spencer

MARCH 4, 2022

Frameworks. Case Studies. There is a lot to think about when preparing for consulting interviews , and you may want to check out some of our other blog posts and guides for preparing your resume , creating your cover letter , and improving your network. Many of these processes also include early round interviews.

Interviews 88

Interviews Case Interview Engineering Case Study 88

Brimstone Consulting

NOVEMBER 17, 2022

CASE STUDY. How a Sustainability Business Framework Aligned the Leadership Team and Accelerated Progress. A Director of Sustainability in a billion + life sciences company was tasked with designing her division’s first sustainability strategic business framework. Download Case Study. Let's talk CONTACT BRIMSTONE.

Case Study 76

Case Study Case Studies Case Interview Study 76

Tom Spencer

SEPTEMBER 24, 2021

It turns out that preparing for case interviews is fairly similar to preparing for Taekwon-Do Competitions. Learning Frameworks. In consulting, you must master certain frameworks before you move on to the next one. You too can achieve success in your consulting interviews. Setting Goals.

Interviews 88

Interviews Case Interview Consulting Cover Letters 88

CaseInterview.com

MAY 13, 2021

A question I am asked often is how to utilize all of the various frameworks and advice on frameworks out there on other case interview prep sites? Of the 4 frameworks I use, I really only use 2 of them (business situation and profitability) about 80% of the time I’m using a standard framework at all.

Case Interview 52

Case Interview Resources Interviews How To 52

Management Consulted

NOVEMBER 20, 2013

Consulting firms rely heavily on case interviews to find the right candidate and, therefore, you should practice them – practice them well, start practicing them early (2-3 months prior to the interview), and then keep practicing them often. The 2 case interview styles are Interviewer-led and Interviewee-led cases.

Case Interview 236

Case Interview Interviews Study Cover Letters 236

Management Consulted

DECEMBER 13, 2015

As you’ve likely already figured out, the case interview is a very unusual creature. In the consulting case interview, your time is even more precious: you have only 4 minutes to develop and present a plan (2 to structure your case and 2 to present). Overview of consulting case frameworks.

Case Interview 100

Case Interview Consulting Interviews Study 100

Management Consulted

MARCH 13, 2016

In case interview prep, Victor Cheng has risen to a household name in the last 5 years, and his book Case Interview Secrets is one of our recommendations for those looking to break in to the industry. . It takes focused, specific preparation to ace your case interview. Primary frameworks.

Case Interview 100

Case Interview Interviews McKinsey Cover Letters 100

CaseInterview.com

SEPTEMBER 26, 2018

MECE is a systematic problem-solving framework that helps to solve complex problems. In case interviews, the MECE principle is a valuable tool for creating issue trees break down complicated problems into basic components you can evaluate and help you get to the root of the problem. The Sum of Parts Must Equal the Whole Group.

Case Interview 99

Case Interview Interviews McKinsey Examples 99

CaseInterview.com

FEBRUARY 1, 2020

Like a scientist uses an experiment to test a hypothesis, a consultant uses a framework called an issue tree. The term “issue tree” comes from the way this framework looks when diagrammed on paper – like a tree on its side. MECE is a systematic framework that helps solve complex problems. Using Issue Tree’s in a Case Interview.

Case Interview 59

Case Interview Interviews McKinsey Sales 59

CaseInterview.com

MARCH 3, 2021

Lately, I’ve been getting a lot of questions about how to handle case interviews via video conference. While video conference case interviews weren’t unheard of before, they are much more common right now. It allows the interviewer to see and hear you clearly. Technical Setup. Handling a Bad Connection.

Case Interview 90

Case Interview Conference Video Interviews 90

CaseInterview.com

DECEMBER 14, 2021

MECE is a systematic problem-solving framework that helps to solve complex problems. In case interviews, the MECE principle is a valuable tool for creating management consulting firms that break down complicated problems into basic components you can evaluate and help you get to the root of the problem.

Case Interview 52

Case Interview Interviews Examples Data 52

CaseInterview.com

SEPTEMBER 9, 2019

There is some variation in the LOMS cases as sometimes you suggest to ask for a breakdown of revenues, and sometimes you already fill in the price and volume components yourself and then ask for a next layer breakdown. ii) When do you switch frameworks or dig deeper? In which case, you just saved yourself a ton of work and time.

Case Interview 40

Case Interview Interviews Resources Analysis 40

CaseInterview.com

APRIL 30, 2019

Recently I have received several emails from readers asking if you can be “too prepared” for a case interview. Interviewers do complain that many candidates are "too prepared," but what they mean by this comment is not what it seems. For years, interviewers have complained about candidates being framework-robots.

Case Interview 40

Case Interview Interviews McKinsey Talent 40

CaseInterview.com

MAY 13, 2021

A question I am asked often is how to utilize all of the various frameworks and advice on frameworks out there on other case interview prep sites? Of the 4 frameworks I use, I really only use 2 of them (business situation and profitability) about 80% of the time I’m using a standard framework at all.

Case Interview 40

Case Interview Resources Interviews How To 40

CaseInterview.com

JULY 14, 2020

If you found this post useful, I suggest becoming a registered member (it's free) to get access to the materials I used to pass 60 out of 61 case interviews , land 7 job offers, and end up working at McKinsey. To get access to these free resources, just fill out the form below: First Name *.

Case Interview 98

Case Interview Interviews McKinsey Policies 98

Management Consulted

MARCH 8, 2015

Now that you have a basic understanding of case interviews – you know their purpose, format, and structure – it’s time to move on to the meatier topics. Because of that, nailing the case interviews is a challenge. Top interviewers make use of a variety of tools that enable them to master the case interview.

Case Interview 100

Case Interview Video Interviews Bain 100

Tom Spencer

JANUARY 13, 2021

One of the most difficult tasks in a case interview is to ask the right questions at the beginning of the case. As a result, this don’t really help them to solve the case. However, the goal of the questions must be to scope the subsequent structure and tailor it exactly to the case at hand.

Case Interview 88

Case Interview Interviews Analysis Sports 88

Tom Spencer

AUGUST 17, 2019

Properly preparing for strategy consulting interviews doesn’t just mean learning the process, memorizing frameworks, and casing all-out; in order to ensure success it’s also critically important that a mindset shift occurs. Here are the two major mindset shifts needed to unleash your casing excellence: 1.

Case Interview 60

Case Interview Interviews Consulting Financial 60

Tom Spencer

JUNE 13, 2021

This post will provide you with a guide to creating and perfecting typical slides used to present information in a business context, whether you are a student preparing for a case competition, a fresh consultant who just graduated, or a project manager who has to constantly deliver milestones and progress reports to multiple stakeholders.

Benchmarking 88

Benchmarking Case Interview Groups Analysis 88

CaseInterview.com

SEPTEMBER 19, 2019

What separates your exposition about applying frameworks to case interviews (and life really!) from all the other 'for-profit' guides is the focus on 'application' as opposed to 'framework'. What luck to have come across your website a week before the final round ! You're a real equalizer! Thank you again.

Bain 40

Bain Interviews Case Interview McKinsey 40

CaseInterview.com

SEPTEMBER 9, 2019

After going through your training videos and framework guide, I recently started practicing case interviews by myself (I haven't found any partners yet) using Case in Point for different case problems. Many situations in Case in Point fall into your simple four different frames. Additional Resources.

Case Interview 40

Case Interview Interviews Video McKinsey 40

CaseInterview.com

SEPTEMBER 9, 2019

Question: I have been following your blog at CaseInterview.com and using your video for my case interview practice. I did exactly this in one management consulting interview and got dinged -- the biggest feedback I received was I lacked creativity (which I intentionally suppressed to make sure that I was not jumping around).

Case Interview 40

Case Interview Interviews Bain Data 40

CaseInterview.com

APRIL 29, 2019

It will be a candidate-led interview. In terms of preparation, the general feedback from those getting offers is the Look Over My Shoulder ® examples are extremely reflective of the dynamic of cases in McKinsey Rounds 2 & 3 (same feedback for BCG and Bain). They are always different in some way.

McKinsey 40

McKinsey Interviews Case Interview How To 40