Tips For Answering Case Interview Questions

Showcasing your intelligence and problem-solving skills for an interviewer can be broken down to a few key points

. Case interviews provide candidates the opportunity to demonstrate how they would manage a hypothetical project. You may be asked to offer some specific ideas, or detail an estimate. There will probably not be enough time for you to outline a comprehensive plan. Focus on the big picture; your competence, rapport, style and flexibility are all being evaluated.

Candidates should seek to strike a balance. Avoid narrowing in on one single approach or solution too quickly. But work steadily forward, in the event your interviewer presses for a final plan as your time wraps up.

The case details you are given by the interviewer may only be a rough sketch. Customers often discuss their situations in terms of the perceived problem, while leaving out contributing issues. It is the consultant's job to gather facts about anything that might be relevant to an effective solution. Candidates who know how to find these missing details will be hired over those who make blind assumptions.

There are instances when candidates pass through to subsequent interview rounds on their personality strengths. This is because relationship-building skills are a big part of the management consulting work. You need to be comfortable establishing rapport with a customer. Only after the customer feels your confidence and authenticity can begin to guide them toward effective long term solutions. The better you know an individual, the better you will be able to provide acceptable creative options.

While clients want to see you as open-minded and creative, there are some established ways to structure management plans. These organizing methods should be used to maintain focus during an analysis. Again, avoid a one-for-all approach when using these frameworks. Choose the most appropriate technique for the job at hand. Business life cycle analysis, Mind Mapping, key issues grouping, Revenue and Cost modeling, problem decomposition, BCG Matrix, SWOT Analysis, Porter 5 forces: which is right? Your interviewer will be watching to see if you know.

All career paths rest on individual core strengths. Lawyers, engineers, corporate managers, and scientists and others can all become well-rounded consultants. A teachable and enthusiastic attitude serve an individual seeking wider and more fulfilling endeavors. In-demand consultants value continuing education in their original field, but also have a keen interest across many disciplines. If an interview candidate demonstrates this interest, a firm can feel justified in providing additional training and support. Let's say, for example, that a former medical professional is consulting with a doctor to reduce revenue lost to overhead. It may be advantageous to match the background of the analyst to the client. But the consultant must be able to speak to the financial issues within the practice in question. The consultant must be familiar with record keeping, cost analysis and accounting. On the other hand, a consultant educated as an accountant would have to know what things are non-negotiable in a medical office.

Many supplies must be disposed of after one use, and must therefore be kept in stock. It would be unreasonable to cut purchases of tongue depressors. A conversation about how many paper towels are used to wipe surfaces dry may be helpful. Your educational and work background will provide you a set of strengths, but always look for the wider picture. One thing that all candidates need to demonstrate is a facility with mathematics. You may not have access to a calculator, so be ready to add, subtract, multiply or divide by hand.

by: Victor Cheng

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