Editorial Reviews. From the Inside Flap. Praise for Victor Cheng and Case Interview Secrets site Store · site eBooks · Business & Money. How to Get Multiple Job Offers in Consulting. By Victor Cheng, Founder raudone.info Available in Paperback and site eBook Editions. Paperback. Consulting, the book Case Interview Secrets: A Former McKinsey Interviewer Reveals How to Get Multiple Job Offers in Consulting, Victor Cheng ebook Case .
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After all, companies hire consultants to strategize solutions to business, organizational, or industry-specific problems.
Case Interview Secrets Quotes
Case interview questions help an interviewer understand how you think and how you would approach a client challenge if hired. Case interviews are also used in investment banking and other industries that require strategic business thinking. Getting Down to Brass Tacks — Case Questions You may be asked a few getting-to-know-you or warm-up questions first, but the interviewer will soon get down to the main event of the interview: the case question s.
Each case question will outline a business problem.
Therefore, the CEO of Swarovski has retained your consulting firm to help him identify the cause for their declining sales and market share. What can they do about it? Many applicants fail in this challenge — especially without proper preparation. How to Answer Case Interview Questions Firms use case interviews to evaluate analytical ability and problem-solving skills. Your interviewer is more interested in your overall approach to the problem than the final outcome.
Your future employer is trying to see if you can analyze complex problems critically and break them down in a logical manner. Do you take all critical aspects into account?
Do you avoid jumping to conclusions? Do you ask insightful questions?
Do you have strong critical thinking skills? You can ace the case interview without getting the answer correct as long as you show that your thinking and problem solving processes are sound. Your process will highlight your strengths in key competencies: numerical and verbal reasoning, communication and presentation, listening and observation, and understanding of business models and concepts.
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By continuing, you agree to our Terms of Service. Already have an account? You need to let your hypothesis guide your decision about which of the questions in the diagram—and others not in the diagram—are relevant in testing the hypothesis.
The questions in the diagram are what I call high-probability questions. When answered, these questions give you a very high probability of discovering some insight about the case—enough insight to prompt you to refine your hypothesis.
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If even one word is off, rerecord the whole thing. Candidates who do this over and over and over again ultimately master this communication skill. Thus, one commonly used issue tree deconstructs profits into component parts, enabling you to analyze each component to identify the root, or underlying, cause of the profitability problem. Because this is a somewhat standard analysis, we call this the profitability framework.
They rarely gave me any feedback on my math skills, quantitative analysis skills, spreadsheets, or models. There were too many points.
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Not all the points supported the main conclusion, and some were sub-points of the point that supported the main conclusion. Sound confusing?
Currently, Program A is losing money and cannot sustain itself.Do you have strong critical thinking skills? Thanks, Victor. Sign up to your secret to success: Standard case frameworks help you structure your answer by giving you detailed guidelines on how to generate solutions.
Ask clarifying questions.
Victor Cheng, a former McKinsey management consultant, reveals his proven, insider's method for acing the case interview. Kearney, and Marakon.
Tropico 6. Program B is highly profitable.