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The Case Study Interview

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Brain teaser, business strategy or operational type questions ... Brain Teasers. Why are manhole covers round? Why are Case Studies used? ... – PowerPoint PPT presentation

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Title: The Case Study Interview


1
The Case Study Interview

2
What is a Case Study?
  • Fundamental part of the consulting interview
  • Tests your ability to assimilate written
    material, extract relevant points and present
    ideas
  • Brain teaser, business strategy or operational
    type questions
  • May be deliberately abstract, obscure or puzzling
  • Be ready for the interviewer to become irritated
    often a ruse!
  • Be ready for the unexpected and the introduction
    of last minute information
  • Individual or Group

3
Types of Case Study
4
Why are Case Studies used?
  • Simulates the actual job can you handle it?
  • Assesses your creative analytical thinking and
    problem solving abilities
  • How you will come across to a client
  • Your ability to clearly explain ideas
  • How you react under pressure can you think on
    your feet?

5
Tips for tackling the Case!
  • Clarify the problem
  • Listen to or read data carefully
  • Ask questions to clarify
  • Ask questions to obtain further information
  • Ensure a good understanding of the business issue
  • Structure the issues
  • Think before you speak
  • Identify key issues
  • Breakdown the problem into logical parts
  • Use diagrams or mindmaps to clarify thinking

6
Tips for tackling the Case!
  • Analyse the information
  • Use appropriate frameworks (Porters 5 forces, BCG
    Growth Share matrix, 4 Ps, 3Cs)
  • Focus on most important issues first
  • Assume interviewer has little or no knowledge of
    the topic
  • Do not be afraid to admit mistakes and change
    direction if need be
  • Explain assumptions you are making
  • Keep asking questions
  • Summarise and conclude
  • Offer actionable solutions and clear
    recommendations
  • Always refer back to original question

7
What does an interviewer look for?
8
Models Frameworks
9
Cracking the Case
  • http//www.mckinsey.com/careers/how_do_i_apply/how
    _to_do_well_in_the_interview.aspx
  • http//www2.warwick.ac.uk/services/careers/hub/vid
    eo/

10
Useful Weblinks
  • http//www.mckinsey.com/careers/how_do_i_apply/how
    _to_do_well_in_the_interview/case_interview/practi
    ce_cases/great20burger.aspx
  • http//www.oliverwyman.com/ow/4797.htm
  • http//targetjobs.co.uk/management-consulting/appl
    ications-and-interviews-for-this-sector.aspx
  • www.consultancylinks.com
  • www.casequestions.com
  • http//www.occstrategy.com/node/453
  • www.insidecareers.com
  • http//www.bcg.com/careers/interview_prep/interact
    ive_splash.html
  • http//www.marakon.com/car_app_grad_case.html

11
Top Tips for success
  • Your approach is more important than end result
  • Listen carefully
  • Think before you speak
  • Ask questions
  • Must be comfortable with basic arithmetic
  • Use your judgement common sense
  • Make notes
  • Draw diagrams to aid explanation
  • Articulate your thinking
  • Demonstrate enthusiasm
  • Show confidence, without being arrogant
  • Be yourself
  • RELAX ENJOY the process

12
Students should not
  • Force fit frameworks or models
  • Expect to find the perfect answer
  • Use too much jargon
  • Present recommendations that are not realistic
  • Be over dominant in group case studies
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