Tom Spencer

JANUARY 24, 2021

When one thinks of management consultants, one inevitably thinks of highly efficient workers. This is because an efficient way of working is essential as a management consultant. So, the crucial question is, how do you become an efficient worker to withstand the time pressure in a management consultancy?

Efficiency 103

Efficiency Case Interview Consulting Sports 103

CaseInterview.com

OCTOBER 31, 2019

Reader's Email #1: I have been practicing cases for management consulting case interviews for more than a month using your videos and on your Look Over My Shoulder ® program. [ but a little weak when it comes to the quantitative side, or the basic algebra problem they will always ask during the interview.

Case Interview 40

Case Interview Interviews Bain Handbook 40

CaseInterview.com

OCTOBER 9, 2019

The tips that I recommend for these individuals may also be useful for you during your case interview process, so I’d like to share them. I am applying to management consulting in my home country in Europe. There was one piece of feedback common from both firms: "I was interviewing on a low energy level". It's great!

Case Interview 40

Case Interview Interviews Energy McKinsey 40

Tom Spencer

MAY 20, 2018

The reason that this framework is worth introducing is due to the increasing frequency of M&A cases confronting candidates in the case interview. Needless to say, M&A deals are notoriously complicated financial activities, which makes candidates panic when they are prompted with an M&A case.

Case Interview 68

Case Interview Interviews Cash Flow Financial 68

CaseInterview.com

OCTOBER 31, 2019

I interviewed with a number of top firms, and despite feeling well prepared, I wasn't invited to the next round. The first key insight that I got from your resources was the importance of understanding how consultants (the interviewers) think. I had thought doing 7 or 8 'live' cases was good practice.

Case Interview 40

Case Interview Bain Interviews Resources 40

CaseInterview.com

JUNE 11, 2019

This caseinterview.com student sent me an email recently asking my advice on how they could practice and improve their performance in the problem-solving part of a case interview. First of all, many thanks for all your information and encouraging words on case interview preparation . Reader’s Email. My Response.

Case Interview 49

Case Interview Interviews How To McKinsey 49

Tom Spencer

FEBRUARY 18, 2022

If you are interested in consulting roles, case interviews are an integral part of that process. Your heartbeat will pulse with excitement when you receive an e-mail letting you know that you made it to the interview stage. The interview is a nerve-wracking experience. This article is going to focus on team interviews.

Interviews 88

Interviews Case Interview Consulting How To 88

CaseInterview.com

MARCH 5, 2019

Management consultant salaries in the United States will vary by position and experience. Here’s a breakdown of salaries for management consultants according to the top three consulting firms. Their emphasis on technology, cost-cutting, and effectively managing operations has led to better consultant pay over time.

Consulting 81

Consulting Management Case Interview Recruiting 81

People Business Psychology

SEPTEMBER 3, 2018

Selection assessment for a new University Technical College – Case Study Situation A UK-based new-to-be-launched University Technical College (UTC) in Wiltshire (UK), needed to appoint two new key members of its management to join the Principal Designate and complement the UTC’s Senior Management team.

Case Study 52

Case Study Case Studies Study Management 52

Tom Spencer

MARCH 24, 2023

While AI will be able to perform many tasks more efficiently and accurately than humans, there are certain areas where machines will always fall short. After conducting interviews and surveys, it became clear that the root cause of the problem was a lack of transparency on the part of management.

Emotional Intelligence 88

Emotional Intelligence Ethics Consulting Case Interview 88

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

Tom Spencer

NOVEMBER 11, 2022

You successfully interviewed for a position at your dream consulting firm, and you have received and accepted an offer. Maybe you interviewed in the fall but defend your thesis in the spring. Maybe you interviewed in the fall but defend your thesis in the spring. You did it! However, you have multiple months before you begin.

Case Interview 88

Case Interview Travel Resumes Interviews 88

Harmonious Workplaces

DECEMBER 5, 2023

Historically stable jobs such as those in software development, information management, and mathematics have seen some of the most dramatic drops in the workforce , with reductions in hiring of as much as 50% in some sectors and layoffs reported by watchlists on TechCrunch and other sites.

Recruiting 96

Recruiting Recruitment Talent Case Interview 96

Tom Spencer

FEBRUARY 10, 2018

Before starting your application journey, the very first thing is to understand the recruitment process and selection criteria of those management consulting firms. Step two is your first round interview. Step 3 is your second round interview. Each module consists of an Introduction, Fit interview, Case Interview and Q&A.

Case Interview 79

Case Interview Cover Letters Interviews Recruiting 79

Tom Spencer

JANUARY 27, 2018

Managers talk amongst themselves about juniors, just as juniors talk about their managers. Five interviews will probably give you the same insights as 20 interviews. Senior managers more removed from your position don’t always have a good grasp of how long a task should take. Frame your actions.

Management 84

Management How To Case Interview Analysis 84

CaseInterview.com

SEPTEMBER 26, 2018

MECE (pronounced "me see") or Mutually Exclusive Collectively Exhaustive is a principle often used by management consulting firms such as McKinsey to describe a way of organizing information that is "Mutually Exclusive, Collectively Exhaustive". Some consultants prefer this approach since it’s easier to manage fewer categories.

Case Interview 99

Case Interview Interviews McKinsey Examples 99

Tom Spencer

OCTOBER 6, 2018

In this post, I will share tips on the case interview, assessment centres, keeping stress levels down, and staying motivated on your journey to land a coveted role in the management consulting industry. Get friendly with case studies. Though some may be interviewer-led (i.e. industry, market) and internal (e.g.

Interviews 60

Interviews Case Interview Case Study Case Studies 60

Comatch

NOVEMBER 18, 2021

More than ever, organizations are using independent experts and freelance management consultants to address critical challenges. In a recent webinar, I addressed some of the typical issues that arise when working with a freelance management consultant. I recommend conducting an extensive interview that evaluates more than hard skills.

Consulting 52

Consulting Management How To Benchmarking 52

CaseInterview.com

SEPTEMBER 10, 2019

Question: I am starting case practices with a group of people this week. I find your article about how to avoid getting stuck in case interviews very helpful. 1)Under the stress of an interview, 10 seconds of silence feels like one minute. Do not worry about the silence for three reasons. Additional Resources.

Case Interview 40

Case Interview Interviews McKinsey Policies 40

Management Consulted

OCTOBER 2, 2016

Specializing in economic, financial and market analysis, specifically for cases in litigation, Cornerstone Research touts itself as the one player major law firms turn to when navigating the obstacle course that is the American and European legal systems. Two managing directors and nine Senior VPs help the CEO lead Cornerstone Research.

Interviews 100

Interviews Research Culture Case Interview 100

CaseInterview.com

JUNE 18, 2019

At consulting firms like McKinsey, you will receive a personal experience interview (or McKinsey PEI). Sometimes an entire interview is devoted to these types of questions. Other times, you will receive 10 - 15 minutes of these kinds of questions before you get a case interview. This is why the case interview exists.

McKinsey 53

McKinsey Interviews Case Interview Resumes 53

CaseInterview.com

MARCH 26, 2019

The PARADE Method (tm) is an approach to answering resume-oriented job interview questions. It is an approach I developed that is tailored for answering these questions in job interviews for management consulting, as well as interviews for senior executive positions in industry. Interviewers want to know what you did.

Case Interview 81

Case Interview Interviews Resumes Retail 81

Harmonious Workplaces

DECEMBER 27, 2023

Without this expertise, organizations risk making poor hiring decisions, which can cost thousands of dollars or more in each case. Increased Time and Resource Expenditure: The recruitment process can be time-consuming and resource-intensive, involving advertising, screening, interviewing, and negotiating offers.

Recruiting 98

Recruiting Recruitment Meeting B2C 98

CaseInterview.com

JULY 17, 2019

I interviewed with six major consulting companies + three others during my MBA program 1.5 I managed to get the interviews with all three majors with the help of my well established networking connections, but was again dinged by McKinsey and Bain. Going through interviews after being dinged before is twice as hard.

Case Interview 49

Case Interview Interviews McKinsey Bain 49

CaseInterview.com

DECEMBER 14, 2021

MECE is a principle used by management consulting firms to describe a way of organizing information. 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

Management Consulted

DECEMBER 6, 2015

One example is when the New York School’s system hired them to boost the efficiency of their school bus network, which they did, saving the city $12M. One of the things we really love to do here at Management Consulted is answer the questions you have for us. Regulatory and Risk Management. Practice Areas. Tax Advisory.

Interviews 100

Interviews Culture Turnaround Case Interview 100

CaseInterview.com

OCTOBER 30, 2019

I found it several months ago and started prepping immediately and had done 40-50 practice interview cases before recruiting season. I must have called everyone I knew in consulting to give me a case to solve every weekend (Phone/ Webcam prep interviews too!) Practice really does make perfect.

Case Interview 40

Case Interview Consulting Interviews Recruiting 40

Tom Spencer

OCTOBER 18, 2015

The outsourcing matrix may prove useful in the consulting case interview, either as a standalone framework or as part of a larger profitability framework. This can be done by pursuing business as usual or by forming a strategic alliance or increasing efficiency. HR Management. (Source: Flickr ). Procurement.

Case Interview 60

Case Interview Interviews Healthcare Operations 60

CaseInterview.com

SEPTEMBER 11, 2019

Here are a couple of success stories from readers who managed to land offers: Success Story: Thank you so much for all of your friendly advice in the videos! I used your framework in every case interview and constantly reminded myself of the things you taught me! Thank you so much for all of your help throughout the process.

Case Interview 40

Case Interview Consulting Interviews McKinsey 40

Management Consulted

MAY 22, 2016

Archstone Consulting was founded and built on a different premise than more traditional players in the industry; namely, that being smaller allows the firm to deliver quality services more efficiently than the competition. At the Manager, Director and Principal level however, the firm requires that you have a specific area of specialization.

Interviews 100

Interviews Culture Consulting Case Interview 100

CaseInterview.com

NOVEMBER 26, 2019

It applies not only to how you serve clients as a consultant but also how you manage your own career. My thoughts on this topic are widely applicable to CIBs (Case Interview Beginners), F1Ys (Future first years), and CIFMs (Consulting Isn't for Me). No, I'm pretty sure I could beat him in a case interview competition!

Case Interview 89

Case Interview Consulting Fashion Interviews 89

Management Consulted

SEPTEMBER 27, 2015

However, the pay grade at middle management makes it less than an ideal transition point for consulting top performers – get in early, or wait it out. The company prides itself on its culture of Market Based Management (MBM), which places worth on value created over time invested. Interview Tips & Tricks.

Culture 100

Culture Case Interview Interviews Recruiting 100

Tom Spencer

OCTOBER 26, 2019

Many consulting, corporate strategy, and corporate development roles require the interviewee to go through an M&A case study. Depending on the firm and specific role this case could be very strategic and operational like doing a market entry/growth-type case or very technical (i.e. Benefits of Combining Forces.

Balance Sheet 60

Balance Sheet Case Interview Case Study Case Studies 60

CaseInterview.com

APRIL 5, 2020

If the VP of sales maximizes sales without considering what the finance team needs for profitability, collections, or cash management, overall company performance suffers. You don’t need a PhD in supply chain management to intuitively recognize that such a scenario is not the most efficient use of resources. No, Thanks!

Case Interview 71

Case Interview Government Resources Interviews 71

Tom Spencer

NOVEMBER 30, 2019

Consulting-style case interviews are highly effective, and the same format is being adopted more and more widely. The major consultancies have converged on a largely identical interview style, precisely because it excels in picking out the most genuinely capable candidates from the huge pools of applications received.

Case Interview 78

Case Interview Interviews Consulting Case Study 78

Management Consulted

JANUARY 18, 2015

KEARNEY INTERVIEW AND CULTURE. Headquarters: Chicago, IL Employees: 3,200 Locations: 58 offices, 40 countries Chief Executive: Johan Aurik, Managing Partner and Chairman of the Board Revenue: $1B Consulting Engagement Cost: $400K. 1935 – Tom Kearney becomes managing partner. Kearney back to its management team.

Interviews 100

Interviews Culture Case Interview McKinsey 100

Tom Spencer

OCTOBER 26, 2019

M&A case framework. Firms typically look at four areas when working on M&A cases. The first area consultants typically analyze in M&A cases is the market. What’s the quality of the current management? It is almost impossible to cover all these aspects in a 30-60 minutes case interview.

Case Study 60

Case Study Case Studies Study Case Interview 60