Read e-book online Ace Your Case! Consulting Interviews (WetFeet Insider Guide) PDF
All process consulting hopefuls needs to grasp the case interview. This WetFeet Insider advisor offers pointers on surviving the case interview; an evidence of different case kinds, with vintage examples of every; seven perform case questions you should use to perform making use of your new talents; designated examples of the way to reply to every one form of case query, together with pattern interview scripts. BUS037020
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Extra resources for Ace Your Case! Consulting Interviews (WetFeet Insider Guide)
Case Interview Hold on—you say that you’re sick and tired of hearing about frameworks—that you’re not even sure what they are? It’s actually quite easy. A framework is simply a structure that you use to organize your thoughts and help you analyze the critical issues of a sample case. Think of the framework as your road map through the case. ” At its most complex, your framework can be something as gnarly as the notorious Porter’s Five Forces. ) Deciding which framework/structure/road map to use may indeed be one of the most difficult parts of the case interview.
Financial statements, like frameworks, are roadmaps. If you can navigate the income statement, balance sheet, and cash flow statement, you’ll be able to cut through the fluff and identify the core issues of many case questions. In particular, financial statement analysis will be helpful if you find yourself facing a question about product profitability. ) Delivery Costs equals Gross Margin subtract Selling, General, and Administrative Expenses subtract Depreciation equals Operating Profit subtract Interest Expense equals Profit Before Taxes Copyright 2003 WetFeet, Inc.
The Availability of Substitute Products (the “uniqueness” of the firm’s products) 5. The Nature of the Rivalry Among Firms (the rationality of competition in the industry) Analysis of each of these categories and their relevant subcategories should give you a good idea about whether the opportunity looks positive or negative. It will also potentially fill up the entire interview hour, which is not necessarily a good thing for your career interests. We have included a more detailed example of how this framework might be applied to a specific case below.
Ace Your Case! Consulting Interviews (WetFeet Insider Guide) by WetFeet