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With thanks to our sponsors — — The Management Consulting Group (MCG) at the University of Chicago Booth School of Business would like to thank our sponsors for their generous support and continued engagement with the Chicago Booth community: daig mayniayu Platinum Sponsors accenturestrategy ATKearney BCG ‘Tu Boston Consume Gi BAIN & COMPANY —_ so Deloitte. McKinsey&Company Strategy& MAIALAIU| 4 IM Gold Sponsors Silver Sponsors g { 2. 3 f i) ZS i" Roland d 2 “ PPA woisst| |: Bronze Sponsors Friends of MCG CORNERSTONE PCE UNRESEARCH AlixPartners Stax MR concur FS croup Reynolis =" \WwestMONROE << se0inos ae eu a | CHICKEOBOOTH SS Contents 4 a Overview... 3 Interview Prep. 6 = * Case Practice and Evaluation. 7 e * External Case Prep Resource 9 5 The Fit Interview. 10 z © Preparing for fit questions 12 a * Common fit questions. 13 The Case Interview... 14 * Solving business problems. 16 * Common mistakes... 25, * Different case formats. 26 Resources .. 30 9 * Sample case frameworks... 31 & * Supplemental case information... 37 a * Case math. 43 3 * Clearing charts. 48 * Industry Summaries.. 54 = ° Firm Briefs. 63 g Index of Cases 78 5 Library of practice cases... 80 a mie ic} CHICAGO BOOTH = | 2 Introduction: The Consulting Interview | Welcome to the Chicago Booth MCG Casebook! You've made it! After months of recruiting and hours of networking, coffee chats, and corporate conversations, you are ready to start preparing for interviews. The MCG Casebook is designed to help you as you develop interviewing skills and expertise. It offers practical advice on how to approach a typical consulting interview, a resource bank which will be useful for developing case skill ond most importantly, a set of cases (nearly 40!) to practice with your colleagues. This casebook is not meant to direct you toward specific case frameworks, fit answers, or thinking patterns. As you will learn, no resource can be the final word on what is ‘right’ or ‘wrong’ in this process. daig maynuaiu) Organization of the book The book will begin by providing a general overview of consulting interviews, followed by recommendations on how to prepare and budget one’s preparation time. It will then explore fit and case interviews in more detail provide a set of case resources, and finally, include the practice cases. m@insoqul 4 Purpose of a consulting interview A typical interview contains two parts: (1) the fit interview, and (2) a business case, lasting between 40-60 ‘vinutes total. The interviewer's objective is to gauge the candidate's interpersonal skills, comfort with ambiguity, business sense, logic, quantitative skills, coachability and client-readiness. Ultimately, the interviewer is looking for someone he or she would want to work with. Candidates often make the mistake of thinking about the consulting interview in terms of two distinct sections ~ fit and case, but the interviewer is in fact assessing the above qualities throughout both portions of the interview. ‘As you prepare, remember to portray a confident, well-rounded, likeable self to the interviewer and try to enjoy the process - you will learn a lot! CHICAGO BOOTH == 3 BLLLLELIELE Zamnoea

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