Consulting case foundations
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The case interview from the prompt to the recommendation: structure the problem, do the math out loud, read the exhibit, and tell the CEO what to do.
BBasic6 lessons
- 1How a case interview runsA case is a business problem worked through live with the interviewer. Every case has the same five parts, and knowing them keeps you from freezing on an unfamiliar industry.7 min
- 2Structuring: issue trees and MECEProA structure is a tree that breaks the client's question into smaller questions. The test of a good one is MECE: the branches do not overlap and together they cover everything.8 min
- 3Case math, done out loudProCase math is simple arithmetic under mild pressure: breakeven, margins, growth, and payback. The skill is keeping units and zeros straight while talking.9 min
- 4Market sizing, workedProA market sizing question asks for a number nobody knows. The answer is graded on the logic and the assumptions, then on whether the number passes a smell test.9 min
- 5Profitability casesProProfits fell: find out whether it was price, volume, variable cost, or fixed cost, size each effect, and recommend a fix aimed at the biggest one.10 min
- 6The fit interviewProEvery consulting interview opens or closes with fit, and it carries real weight. Partners want a reason for consulting, a reason for their firm, and stories that hold up under follow ups.7 min
- QBasic quizPro10 questions, 80% passes
AAdvanced4 lessons
- 7Market entry casesProShould the client enter a new market, launch a product, or expand to a new country? Judge the market, the competition, the client's ability to win, and the economics of getting in.10 min
- 8M&A casesProShould the client buy this company? Compare what the target is worth to the client, standalone plus synergies minus the cost of getting them, with the price it would have to pay.10 min
- 9Reading charts and exhibitsProPartway through a case you get a chart or table. Read the title, units, and axes first, find the one thing that matters, and say it before you say anything else.8 min
- 10The synthesis and the recommendationProThe case ends with the interviewer playing the CEO and asking what to do. Answer first, then the reasons, then the risks and next steps, in under a minute.7 min
- QAdvanced quizPro10 questions, 80% passes