Business Consulting Interviews - 10 Important Steps to Prepare
Here, I'll focus on ten critical steps to prepare for management consulting interview rounds. As general advice, by far the best way to become a distinctive interviewer is to get live experience - thus the reason why you should spread a wide net in your search for different consulting firms.
Getting ready for case studies
1. Read Case In Point - a thorough, 100% case study-focused resource
2. Peruse Victor Cheng's website - as a former McKinsey consultant, Victor has a strong grasp of successful case study techniques and strategies
3. Practice online case studies - most firm websites have plenty of cases (some like Bain even have video case studies). The key is to answer the question yourself before reading the suggested answer. There are good consulting websites with case study materials as well, including Rice's Consulting Club
1. Wear something that looks clean, sharp, and makes you feel confident - first appearances are deceptively powerful. Dress like a management consultant, and people will think you deserve an offer.
2. Talk to current and former consultants - the better you understand the job and lifestyle, the more comfortable you are with consulting lingo like "on the beach" and "5,000 mile view", the better you'll do. It's also great for recruiting and networking.
That wraps up our tour of how to prepare for business consulting interviews. Good luck!
Medical School Interview Questions
Are you fortunate enough to have an upcoming interview for medical school? If you’ve taken the big step and applied for admissions, there are some things that you can do to properly prepare yourself and put yourself ahead of your competitors.
Depending on the school, the interview panel will consist of faculty members and/or medical students. The panel may have one person or it may have five. It would be a good idea to familiarize yourself with the school’s process before going to the interview. No matter how many people are on the panel, or what the process is like, the expectations are the same. Every university is looking for the best candidates, and every candidate wants to gain admissions.
What the Panel is Looking for in a Candidate
If you have made it to the interview, it means that you have already proven yourself on paper. Now it is time to let yourself shine in person. The interview panel will want to see a lot of personality and confidence. You can expect to sell yourself to the panel. In order to do so you will need to boost your confidence. Ask yourself these three fundamental questions before going into the interview, and know the answers well.
The more rehearsed you are, the better – though you don’t want to appear robotic or scripted. Try to prepare yourself for the interview by getting to know some of the most common questions, and rehearsing the answers out loud.
Some common interview questions that you can expect are:
1. Tell me about yourself?
2. Why are you interested in becoming a doctor?
3. What are your greatest academic accomplishments?
4. Tell me about the Hippocratic Oath?
5. What have you done to prepare yourself for medical school?
6. What is your opinion of the insurance industry?
7. Why would you be a good doctor?
8. What has your pre-med experience been like?
9. Where do you see yourself in 10 years?
10. Do you have any questions for me?
Regarding question 10, the answer should always be yes. Always come prepared with questions. It shows that you are eager, prepared and serious about attending their school. Remember, it is all about standing out above the rest and letting your personality shine through.
In general, case interview is very common in interviews with consulting companies, interviewer will measure a candidate's attitude toward risk and comprehensive logical analysis ability with some cases, to see whether a candidate is flexible and can adapt quickly.
There are two stages of case interview: preparative stage and formal case interview stage. During the preparative stage, you may need to introduce yourself. Then answer the interviewer's question about your resume and some broadly issues about personal considerations.
The next stage is a formal case interview. Case interview is to draw a conclusion about some business issues with analysis. Unlike other kinds of interviews, case interview is an interactive process. You will get some business issues from the interviewer and are required to provide an analysis and advice on these issues. Your task is to put forward some logical questions to the interviewer in order that you could have more comprehensive and detailed realization on these issues, and finally give a conclusion through systematic analysis.
Please keep in mind there are not absolutely correct answers in case interview, interviewer concerned about your analytical ability and creativity exhibited during the interview, but not the answer.
Purpose of case interview
Consultant will spend lots of time with their clients and colleagues for the purpose of intercommunion, and they were required to have some special qualities in order to succeed in consulting projects. These qualities include: ability to remain calm under pressure, ability to quickly established an assumption according to the details of projects, and make a conclusion depend on strong logical analysis capability and so on. Therefore, the cases interview which highly interactive and tight bounds for practical as well as strong requirement analysis skill would let interviewer evaluate the qualities of candidates effectively.
Same as the other case interviews, it is not very important to get a correct answer, but the method you decomposed a large-scale project into several small-scale projects and resolve each one respectively is really the most crucial, as well as you should have some common sense to answer these kinds of question.
For business cases interviews, the most common case is that interviewer ask you how to analyze an project according to the description of project background such as market entry, profit decline, industry analysis, sales decline and so on. The interviewer always doesn't provide you enough detailed information, so you need to keep on asking targeted questions in order to get more useful information.
Brainteasers are often very hard and very tricky questions that include mystery question and numerical estimates question. The purpose of these questions is to inspect your creativity and ability to analyze and resolve issues under pressure.
In general, case interview will include either a long time business case, or two short time cases: almost inevitably one should be guesstimates and the other one might be brainteasers or a short time business cases.Frequently Asked Interview Questions
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