Case Study Interview Examples: Questions and Answers
Concentrate on the issues that will create value for your client, but make sure you explain the reasons behind your choices. Generate a hypothesis and explore options creatively Make suggestions on how to solve the key issues you have identified. Come prepared with a handful of questions that matter to you, and your interviewer will make every effort to answer them Preparation for the case study To prepare for the case study discussion, you can review some practice cases from the BCG website.
Make suggestions on how to solve the key issues you have identified. Be transparent about your thought process.
Go back and carefully check your work and provide a new answer. Company ABC is struggling, should it be restructured? Based on your structure, you will need to interpret the new information and draw conclusions from it.
What is the price of the product? What is the lifecycle of the product? Bags of Wheat Immediately, take any 2 of the bags and place them to the side.
As a result, it is contemplating store closings. Can you demonstrate common sense and make educated guesses? Rugby Tournament In a tournament, every rugby team except the winner is eliminated from the tournament after being defeated just once. Acknowledge the possibility that the interviewer has brought up a relevant perspective that you had not considered and re-examine your thinking accordingly.
Have new distribution channels emerged recently? Advice from consulting firms Through our research of top consulting firms the TARGETjobs team has come across some valuable nuggets of advice for succeeding at case study interviews, such as: 'Sketch out a structure: your path to the solutiuon.
What are the parts and where are they sourced? The message is: practise, practise, practise.
Weigh 3 of the remaining six bags against the other 3 bags. A fire fighter has to get to a burning building as quickly as he can.
How would you recommend the company address this problem? At minimum you'll need to perform some basic arithmetic or mathematical calculations. We have a small bank of practice case studies for management consultancy covering areas like profitability doing a case study for an interview strategy.
Consulting Interviews series Interactive Online Resources. The interviewer looks for intellectual curiosity and creative thinking. Case Interview Resources In addition to the guides and articles presented on our website, there are several other good resources, including workshops, mock interviews, books and interactive online resources, that will prepare you for case interviews.
Most frameworks incorporate universal concepts that can be applied to various business issues. How many light bulbs are there in the United States?
How to prepare for consulting case study interviews, and tips for impressing your interviewers on the day. To summarize, before noting down and sharing the information with the interviewer, analyze it and determine its relevance.
You have been assigned to work with a small company that manufactures a popular product. Corporate and business strategies examining profitability, growth opportunities, business mix, customer service improvements, investment strategy viability of acquisitions or performance improvement e. Below we're going to present several case interview questions organized by question type.
You could be asked to describe a time when you were able to overcome obstacles, persuading others to go along with a decision that they had initially resisted. We can offer feedback on the structure, content and presentation of a case study. Do not assume that they know why you are proceeding in a certain way.
Keep your letter tight, on target and to the point.
Interviewers asking case study questions are primarily concerned with how effectively you can analyze a problem, determine key factors, brainstorm ideas, and propose workable, pragmatic solutions that are supported by your analysis. For example, assume the case involves a company's declining profitability.
The structure ideally will tell you where to look for the solution of the problem Develop a hypothesis early on and prioritize the information you need to gather. Ask for more information or clarification. You will find it helpful to have a universities with creative writing majors in texas understanding of key business concepts e.
Practice structuring the case! Who are the suppliers? Synthesise and filter the information provided as necessary.
What is the service e. Are there any other objectives I should know of? Do not jump to conclusions or rush towards an answer.
Hence, the onions cost 6 dollars. How are they segmented? By opening just one box but without looking in and removing either a potatoe or onion, how can you immediate label the contents of all the boxes?
You should take time to align your thinking, ask clarifying questions, and communicate doing a case study for an interview line of reasoning to your interviewer. You find three boxes at the store. Try to segment your information until you have isolated the problem.
Make quick, yet accurate, decisions. Has a competitor recently changed its promotion activities? What about buying behavior? If there are 7, people participating in a tournament, how many games must be played to find a winner?
Identify customer needs. Tips for handling case study interviews Visit the web pages of any of the major management consulting firms and look for the section on careers and interview preparation for good tips.
Below are some common standard case interview questions that provide great practice for case interviews. Commercial awareness can be very important to answering market sizing questions.
Use lateral thinking and be creative. Working through a case gives you the opportunity to display problem-solving skills, quantitative reasoning skills, analytical skills, logical reasoning, communication skills, creativity, and the ability to think on your feet and work through a problem in real time.
Think independently and draw your own conclusions. Support your conclusions with evidence, particularly in scenarios where you have been given figures or statistics.
Who are the customers? Restate the question and make sure you understand the problem statement by confirming with the interviewer Understand the problem really well before structuring or asking for data.