![]() Companies pay consultants for their minds rather than their industry expertise. This is normal, but to be effective as a consultant business acumen is an important foundation for consultants to maintain effective strategy recommendations. Many consultant projects will be in industries where the consultants aren't experts, especially junior consultants. The case interview allows hiring companies to ask the question "Would I be happy to put this candidate in front of a client?".ĭue to the scenario set up in a case interview, it is also a test of general business acumen. As a consultant, you will spend a lot of time client-facing and so soft skills are just as important as hard skills to the interviewer. It requires the applicant to ask the right questions, apply structured frameworks, and think outside the box. The reason for the prevalence of the case interview format in management consulting is that the topics and themes handled in most cases reflect conditions close to the reality of the day-to-day activities of a consultancy. It allows interviewers to get a deeper insight into how you present yourself as a candidate and apply the limited amount of information given to you. Nowadays, also marketing, strategy, operations, or retail positions tend to use similar formats because they are a great tool to probe the quantitative and qualitative skills of an applicant. ![]() ~ 5 minutes: Your questions to the interviewerĬase interviews have always been a part of management consulting interviews.~ 5 minutes: Introduction and small talk.An individual case interview may take up to an hour and usually consists of four parts: Most case interviews have the same underlying structure. This is dependent on the position you are applying for. Oftentimes the consultant will attempt to guide you in the correct direction by asking questions himself.Īn example question might be: The CEO of Deutsche bank has become increasingly concerned about their declining profitability over the last 36 months and has asked you to determine the factors causing the decline as well as recommend a strategy to reverse this trend.ĭuring the entire application process, you will partake in up to six case interviews in two rounds or more. You will need to be proactive and ask questions when attempting to close in on the correct conclusion. ![]() This part of the interview is intended to be more of a dialogue. The case study is often based on a problem the interviewer has worked on in real life. A case interview is part of the job interview process in which you as the candidate have to analyze and solve a problematic business scenario while interacting with the interviewer.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |