article thumbnail

Transitioning from Management Consulting to Corporate Strategy/M&A – the Interview Process

Tom Spencer

Interviews. After going through a handful of interviews through referrals, direct reach out from HR/hiring team, and LinkedIn/company website applications I would categorize my interviews into three buckets: Corporate strategy. In terms of the interview process it followed the following steps: HR interview (fit).

article thumbnail

Mergers & Acquisitions: Valuation

Tom Spencer

Building on information provided in Management Consulting: A Guide to the Profession , I highlight three approaches that a consultant can use when performing a valuation: Balance sheet valuation; Market based valuation; and. Valuation of discounted expected future cash flows.

Cash Flow 109
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Case Math

Tom Spencer

Net Present Value: The NPV of an investment is the present value of the series of expected future cash flows generated by the investment minus the cost of the initial investment. Where r = discount rate; CFt = expected cash flow in year t; CFn = expected cash flow in final year; g = long term cash flow growth rate.

article thumbnail

Management Consulting

CaseInterview.com

As a client explains the challenges they’re facing, they may present mixed information or a biased perception. Your role as a management consultant will be to filter information from the client so you can identify the specific challenges being faced. Let’s use the example of a business that’s seeking to relocate.

article thumbnail

Due Diligence by Management Consulting Firms

Tom Spencer

Due diligence is a crucial step in the M&A process, which aims to validate the information provided by the target company, highlight key risks, and assess whether it is still an attractive opportunity to pursue. Financial due diligence involves a lot of financial modelling ( DCF , LBO , NAV ) and deal structuring.

article thumbnail

Why We Need to Update Financial Reporting for the Digital Era

Harvard Business

Since then, we interviewed several chief financial officers (CFOs) of leading technology companies and senior analysts of investment banks who follow technology companies. Business students are taught to value a company based on the discounted amounts of future cash flows or earnings.

article thumbnail

How to Turn Intangible Concepts into Tangible Services

The Fearless Marketer

– Better cash flow. Invite them to contact you for an informal conversation to explore the possibilities of you helping them. Include contact information. But every day, independent professionals are trying to sell concepts that are just as abstract as transportation. – Decreased employee turnover.