It is most definitely true that you cant crack a realistic interview case by relying solely on standardized frameworks but all those business frameworks and concepts are extremely he. This general approach will allow you to crack any case study. Heres an overview of the 4 frameworks we use to solve 98% of case questions weve seen. However, always remember that the best candidates create unique frameworks for each of their cases. The difference between a framework and a system is that a framework is a tool. Keep in mind that case questions help educate you during your job search by acting as a selfimposed screening device. What is the most efficient way to learn frameworks for a case. Dec 02, 20 framework for a mckinsey, bain, bcg acquisition case. Draw out as mece mutually exclusive, collectively exhaustive a framework tree as possible. Premade frameworks like victor chengs, case in points, and others would not help. Masterthecase is the first and only case interview preparation resource that comprehensively covers all seven preparation areas. Other case interview prep resources often will give you dozens of frameworks to use in your preparation.
Oct 02, 2014 heres an overview of the 4 frameworks we use to solve 98% of case questions weve seen. Case interview casebook mccombs 2007 masterthecase. Method and structure are more important than the final result. In a case interview, your only source for data is the interviewer. This approach will allow you to crack any type of case study. In addition, the stepbystep implementation guide for those frameworks helped me a lot to really use the frameworks in my case interviews. I can agree with the existing answers only to a small extent. How to prepare for a case interview mcgill university. Case interview marathon workshop victor chengs case interview core frameworks v1. Learn vocabulary, terms, and more with flashcards, games, and other study tools. The casebased interview is central to the consulting recruitment process. In this webinar, you will learn strategy frameworks that will help you succeed in your next case interview.
Are there any generic it strategy frameworks out there. In this video, you will watch me, julio, an exbainee, interviewing bruno, exmckinsey, with a. Roland berger strategy consultants 2nd round full time job interview. I have a question about working through case interview frameworks. You should develop a framework for assessing case interview questions. Some will tell you that the case interview is nothing more than a contrived exercise in jumping through hoops, while others will say it is a valuable process that provides great insight into the complex and dynamic world of strategy consulting. You will be confronted with a reallife business case. Our presenter, nevin kamath, founder of the case coach, and a former consultant with mckinsey, helps elite professionals, mbas, and phds prepare for case interviews. Mergers and acquisition case interview demo video 11 of 12. Fixed cost price variable cost debt ratio total debt total assets. You will then need to choose a framework or analysis tool to structure your hypotheses see sample. It is most definitely true that you cant crack a realistic interview case by relying solely on standardized frameworks but all those business frameworks and concepts are extremely helpful templates which you can put into your toolbox and use them if not to the full. Case interviews with revenue growth cases can be tackled by influencing two major parameters that determine growth figures.
Case interview frameworks are a method for approaching business problems using a defined structure. You can find case examples in this booklet and on our web site. What is the most efficient way to learn frameworks for a. The structure ideally will tell you where to look for the solution of the problem. Strikingly 9 out of 10 candidates say their single largest issue in solving case interviews is getting the structure right. What is the best way to learn frameworks for my case interview. Jun 20, 2012 in this webinar, you will learn strategy frameworks that will help you succeed in your next case interview. Candidates often use the value chain framework without being aware of it. What is the best way to learn frameworks for my case. Case interview frameworks how to structure your case. It is almost impossible to cover all these aspects in a 40mins case interview. It offers 25 cases, both text and graphbased and classified by firm read more. Case studies are descriptions of real or hypothetical business problems. These materials provided on an as is basis with no warranty or guarantee expressed or implied.
Use this framework when company a is looking to acquire or merge with company b and the two companies are different. After analyzing the target industry, understand the target company. Jan 08, 2016 i can agree with the existing answers only to a small extent. You are technically calculating the npv of the company but this calculation likely is not going to be asked in the case interview. The ivy case system is the most sensible and comprehensive case interview strategy you can learn. In order to make suggestions, once again, you need to understand the clients business and the industry. Framework for a mckinsey, bain, bcg acquisition case. This information is provided to you for free for noncommercial use. Use this framework when company a is looking to acquire or merge with company b, and the two. Frameworks may or may not be appropriate for the case you are given. How are the two companies combined better than sum of each in terms of. Management consulted offers consulting case prep, resume edits, case study examples, practice cases, and more.
It is a perfect overview of case interview frameworks with the right level of detail in order to really understand the concept behind. Victor cheng case interview core frameworks free download as pdf file. Case interview casebook from mccombs 2007 is available for case interview practice as part of our extensive practice casebooks library. The key frameworks that follow should be used directly in certain case situations, but more broadly they should be used as a way to expand your strategic thinking, which is the critical component of success in the case study interview process. Frameworks remain important as concepts to answer case studies, but you should absolutely avoid any rigid use of a specific framework. Once its clear why the client is interested in acquiring a particular company, start by looking at the industry the client wants to buy. Case interview frameworks dictionary please go on to the next page 5 4. For instance, smallunprofitable targets in a growing market can be attractive in the same way. Case interviews, killer frameworks nevin kamath and ivy exec.
The number one mistakes candidates make in case interviews is to learn frameworks by. This analysis is crucial since the outlook of the industry might overshadow the targets ability to play in it. I have a question regarding a case i had in an interview with at kearney last month. Approach the case in five steps propose implementation you might skip this tie back to start list recommendations 30sec summary. Second round when you have successfully completed your firstround. A case study mirrors the work that consultants do daytoday this is usually the most critical part of the. Ive gone through victor chengs case interview videos but found the frameworks mentioned were more focused on management consulting. Solving a case in a case interview is not very different from the approach a consultant uses in real life to solve clients problems. Develop an exhaustive structure that will guide you throughout the case interview efficiently. We advise you to prepare by familiarizing yourself with case frameworks and the kind of analysis you will be asked to do in the interview.
How to prepare for a case interview what is a case interview. How to solve growth strategy consulting case studies. My approach is different in that i have found it easier to master just 34 key frameworks that apply to the vast majority of cases. Candidates are expected to understand, analyze, and recommend solutions to these problems. In the signs example case from the look over my shoulder recordings, i noticed that the first two candidates did not look at the cost side of the profit tree. The following is an example of a reallife case a student received and my advice on how to go about solving the case step by step. The case based interview is central to the consulting recruitment process. For many if not most capacity related cases, figure out if this is a conceptual case or a numerical case. Consulting or businessoriented companies may require a case interview. However, the value chain framework is indeed very useful when it comes to breaking down a firms activities and processes, so it deserves our attention. Graph and analysis for consulting and case interviews case interview questions for tech companies. About masterthecase top consulting case interview prep consulting case interviews require seven main areas of preparation. The structure of a framework allows the user to break down a problem into its fundamental pieces.
Numbers and communication can prove decisive practice 50100 cases before the first live case interview. For many if not most capacity related cases figure out if this is a conceptual case or a numerical case if conceptual 20 of time use this. It can come in many formats and channels, like phone, in person or group. It may form part of your thinking when breaking down a problem using a mece tree diagram or used when drilling into upstream suppliers and downstream distributors. Once you will have laid out your framework, your interviewer will then typically make you focus on a specific area of the framework for the rest of the case. A formar mckinsey interviewer reveals how to get multiple job offers in consulting how to get into the top consulting firms. Hi, im interviewing with deloitte for a tech strategy role.785 537 574 1228 31 940 776 793 1408 1381 782 561 47 825 934 437 992 453 393 108 300 1006 99 1194 877 1488 17 1057 688 42 914 30 673 1252 977 611 676 79 693 1431 788 911 494 471