All approach consulting hopefuls needs to grasp the case interview. This WetFeet Insider advisor presents pointers on surviving the case interview; an evidence of the various case forms, with vintage examples of every; seven perform case questions you should use to perform using your new talents; targeted examples of ways 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)
Warning: Never admit to being a poet during the case interview process. Even if the person doing the interviewing was a poet before he joined the firm, he’ll have too deep a sense of shame to admit it. Actionable Translation: advice or recommendations that the client can really use. Even an exceptionally astute analysis will benefit from a couple of actionable recommendations thrown in at the end. ) Sanity check Translation: one last consideration of your final answer or recommendation. You will be enveloped in detail as you solve a case.
Field Guide Copyright 2003 WetFeet, Inc. 29 Case Interview Prep • Consulting Framework Toolbox • Consulting Frameworks 101: The First Stage • Ten Tips for Secretly Impressing Your Interviewer Case Interview • Consulting Frameworks 102: A Touch of B-School • What to Do When You Realize You’re in Trouble • Consulting Frameworks 103: The Whole Shebang! • Your Own Flavor • Extra Credit • Guide to Case Interview Language Copyright 2003 WetFeet, Inc. 31 Consulting Framework Toolbox By this point you understand what the case interview is, you think you have an idea what the consulting firms will be looking for, and you are starting to think that, yes, possibly, you might be able to survive at least the first-round interview.
Think about the airline business. Profitable regional carriers have often had trouble expanding their business to a national market. Although some systems costs go down as scale increases, other costs may actually rise. Workers may unionize and negotiate higher wages, equipment costs may go up, advertising costs may increase, and the costs of establishing new facilities in different cities may be quite high. Competitor actions don’t always make sense. The dynamic of competitor inter- actions may make nonsense out of your precise industry analysis.