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Learn/Consulting case foundations
LearnConsulting case foundations

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B Basic

  • How a case interview runs7m
  • Structuring: issue trees and MECEPro8m
  • Case math, done out loudPro9m
  • Market sizing, workedPro9m
  • Profitability casesPro10m
  • The fit interviewPro7m

A Advanced

  • Market entry casesPro10m
  • M&A casesPro10m
  • Reading charts and exhibitsPro8m
  • The synthesis and the recommendationPro7m
  • FlashcardsPro0/18
  • Basic quizPro80% passes
  • Advanced quizPro80% passes
  • Terms

Basic, lesson 1 of 6

How a case interview runs

A 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, 2 checks

1The five parts

  1. The prompt: a client, a problem, sometimes a number. "A regional airline's profits fell 30% this year. Why, and what should it do?"
  2. Clarifying questions: the objective, the metric, the time frame, the scope.
  3. The structure: a short breakdown of the problem into the pieces you would investigate, said in about a minute after a pause to write it down.
  4. The analysis: numbers to crunch, an exhibit to read, ideas to brainstorm, guided by what you find.
  5. The synthesis: a recommendation to the client, the reasons, the risks, and the next steps.

Most of the score comes from parts three to five. Clarifying is short; asking eight questions before structuring looks like stalling.

Check 1

Which is the strongest clarifying question for "profits fell 30% this year"?

2Interviewer led and candidate led

FormatWho steersWhat it rewards
Interviewer ledThe interviewer asks a series of set questionsClean structure, accurate math, a crisp answer to each question
Candidate ledYou decide which branch to investigate nextPrioritizing, asking for the right data, keeping the thread
Two formats

Firms differ and some mix the two. Prepare for both: in an interviewer led case, still say why each answer matters for the client before the next question comes.

Check 2

In a candidate led case, you finish analyzing revenue and find nothing wrong. What do you do next?

Terms in this lesson: Case interview.

How this gets asked in an interview

Interviewers notice whether you know where you are in the case. Signpost: "I have two of my three buckets done; next I want to look at costs."

  • A client's profits fell. Walk me through how you would approach it.
  • What questions would you ask before you start?
  • Where would you look first, and why?
Drill Structuring, ten questions

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