mastering the case interview

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Welcome to the Evisors Webinar Visit us online at www.evisors.com Mastering the Case Interview featuring Marc P. Cosentino Hosted by: Career Advisors on Demand. .com/webinars

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Page 1: Mastering the Case Interview

Welcome to the Evisors Webinar

Visit us online at www.evisors.com

Mastering the Case Interviewfeaturing

Marc P. Cosentino

Hosted by: Career Advisors on Demand..com/webinars

Page 2: Mastering the Case Interview

• Practice 30 live cases• Read 30 cases• Start a case journal• Network• Attend info meetings• Read

DON’T LET THIS HAPPEN TO YOU!

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Page 3: Mastering the Case Interview

Candidates who receive offers do so for five reasons:

1. Committed to consulting2. Success-oriented3. Able to exhibit good analytical skills when

answering case questions4. Able to articulate their thoughts, create a

positive presence, and defend themselves w/o being defensive

5. Fit with industry and firm (airport test)

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Page 4: Mastering the Case Interview

Types of Case Questions

There are two main categories of case questions. However, ninety percent of the case questions will be of one type – business case

• Market-sizing (population, household, & ???)

• Business Case / Oral and Written

individual, team, presentation– Profit and loss– Entering a new market– Pricing– Growth– Strategy by numbers

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Page 5: Mastering the Case Interview

Most Popular Cases

Profit and Loss

Entering a new marketM&A, new product, new business

Analyze:• Acquiring company

• Client company

• New Industry

• How best to enter the market

E ( P = R – C ) M

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Page 6: Mastering the Case Interview

First Five Steps…

1. Summarize the Questions2. Verify the Objectives3. Ask Questions4. Layout Your Structure5. State Your Hypothesis

Steps 3 – 5 can be flipped around depending on the case.

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Page 7: Mastering the Case Interview

NEW PAIR OF SHOES

A PE firm bought a brand name shoe company for $2b paying $43/share. Stock was $30 a share. Shoe company generates $1.5B in sales and has 230 stores, 200 in the US. Last year it experienced a 30% decline in profits. Boss wants you to raise profits by 50%!

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Page 8: Mastering the Case Interview

CASE NOTES

Objective

Write the answers to the questions that you asked about the case.

Draw your structure

Case Notes

In this section write down all the information that the interviewer gives you

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Page 9: Mastering the Case Interview

CASE NOTES

• Graph or white paper, landscape

• One side of page, number each page

• Draw notes, graphs, arrows, boxes

• Lay them out in front of you

• Star most important points

• Constantly review 1st page

• Separate sheet for math

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Page 10: Mastering the Case Interview

CASE INTERVIEW EVALUATION FORM

AnalyticsStructured framework

Quant acumen

Good use of data provided

CommunicationEye contact

Articulation

Listening

Asking probing questions

Note layout

PersonalEnthusiasm

Self-confidence

Teamwork and engagement

Logic, original thought and intellectual curiosity

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Page 11: Mastering the Case Interview

The Things They do

• A or B / Let me tell you why you’re wrong

• Headings and bullets / When they cut you off

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Page 12: Mastering the Case Interview

MATH SKILLS

Math – flying w/o a calculator

Percentages, Breakevens, Weighted Averages, Net Present Value, Multi/Div with lots of zeros

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Page 13: Mastering the Case Interview

WAYS TO PREPARE

• Read Case in Point• Make a case journal• Read practice cases in other books (40 cases)

– University of Michigan

• On-line practice– CQI, Case Chase Clips– McKinsey, Bain and BCG website

• Practice live cases (30 live cases)– Form groups, alumni, career services, and

Evisors.com

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Page 14: Mastering the Case Interview

Q&A

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Page 15: Mastering the Case Interview

Questions & Answers

Question 1:

What type of case interviews can you expect as an MBA candidate versus an undergrad? What type do the different firms prefer?

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Page 16: Mastering the Case Interview

Questions & Answers

Question 2:

What do you do if you hit a dead end during an interview?

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Page 17: Mastering the Case Interview

Questions & Answers

Question 3:

Will interviewers ever give you trick questions?

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Page 18: Mastering the Case Interview

Questions & Answers

Question 4:

To what extent should you use anecdotal evidence?

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Page 19: Mastering the Case Interview

Questions & Answers

Question 5:

To what extent should you keep pushing your own opinion and when should you back off?

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Page 20: Mastering the Case Interview

Practice Your Case Interview Skills!

Stephen Tom Vanessa TamaraNicholasOr with any of our 100+ case interviewing experts:

www.evisors.com/expert/349

With Marc himself:

Visit us at careers.evisors.com

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