All process consulting hopefuls needs to grasp the case interview. This WetFeet Insider advisor presents pointers on surviving the case interview; an evidence of the several case kinds, with vintage examples of every; seven perform case questions you should use to perform utilizing your new abilities; designated examples of ways to reply to each one form of case query, together with pattern interview scripts. BUS037020
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Additional info for Ace Your Case! Consulting Interviews (WetFeet Insider Guide)
Many a case question has been clarified (if not solved) by juggling a few numbers. One thing you’ll almost always want to watch out for in profitability-type questions and operations questions is the fixed cost/variable cost dynamic. Fixed costs are those things such as rent, administrative division salaries, interest on debt, and overhead expenses that can’t really be adjusted right away. In contrast, variable costs are those costs, such as those of raw materials, that vary directly with production.
53 Extra Credit A typical consulting case, and most consulting case interviews, will have a few tricky twists and turns—sharp corners where most people go shooting off the highway, or, at best, onto a side road that most people wouldn’t even notice. You don’t need to nail these to pass the case, but a “blinding insight” may give you a few extra-credit points and help you stand out from the crowd. Identifying and analyzing most of these unusual situations will require you to draw on your own resources and insight.
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. ” 28 Copyright 2003 WetFeet, Inc. 80/20 Translation: an efficient approach to solving a case. Careful not to get bogged down in tons of detail, but rather focus on the 20 percent of an analysis that drives 80 percent of the answer. Efficient problem solving!
Ace Your Case! Consulting Interviews (WetFeet Insider Guide) by WetFeet