Job Advice for New College Grads

Just another WordPress.com weblog

Posts Tagged ‘case’

Consulting Interview Case Studies and More

Posted by James M on December 9, 2008

If you are interested in the field of consulting, as many young entrants into the work force are, then indulge in this consulting smorgasbord I have put together for you.  I’ve included links to over 15 case study examples and explanations straight from the websites of some of the world’s top consultancies.   In addition, there are some great links to delve more into what a consultant actually does and what the companies themselves look for.  To view the referenced information, just click on the highlighted names or phrases which I’ve linked to the websites.

1) Let’s start with what you are probably most interested in—details about the dreaded case study interview.  I have complied a list of practice case studies (over 15 in total) and other interview preparation tips from some of the biggest names in consulting:

  • Oliver Wyman offers a fantastic, comprehensive interview preparation website with case method overviews, tips, strategies, a breakdown of different types of cases and 2 interactive full length practice cases.
  • Bain and Company offers 3 sample cases and a helpful set of “Crack the Case” interview tips.
  • One of the perennial rivals to industry leader McKinsey, Boston Consulting Group (BCG) offers 4 practices cases as well as 1 interactive case.
  • Shrouded in secrecy, but purportedly able to fetch over $10,000 a day for a small team of consultants, McKinsey is the employer of choice for major MBA programs like the University of Chicago’s Booth School of Business and Wharton’s famed business program at the University of Pennsylvania.  Their website is filled with case study information including two online cases, a case preparation video, and a downloadable tip sheet.
  • Deloitte Touche Tohmatsu, better known simply as Deloitte Consulting, offers 3 practices cases for entry-level Analyst positions as well as 2 in-depth case examples for MBA hires.

2) Ace The Case offers three representative cases with sample responses including basic accounting calculations when requested by the interviewer.  A large volume of sample cases is available for a fee (Boo!! We like free stuff!).

3) Graduate Tutor has two resources for those interested in case interviews, an overview of the case interview process and a Top 10 Tips page.

4) Business week offers a great day-in-the-life series which includes several employees at consulting firms.  To view each person’s day-in-the-life, simply click on their name.

  • James FitzGerald is a government consultant with Booz Allen Hamilton.
  • Adam Watson founded his own consulting company Sequitur.
  • Courtney Anne Cochran is founder and principal at Your Personal Sommelier, a wine-consulting company.
  • Punam Ghosh is a strategy manager with Accenture, one of the largest consulting firms in the world.
  • Kelsey Leigh Kitsch is a Senior Consultant with Ivey Business Consulting Group, a small 12-person firm based out of Toronto.
  • David Grrison is a senior associate at Katzenbach Partners, a management-strategy consulting firm.

5) MBA Podcaster offers terrific programing for those thinking about going back to get an MBA.  In particular, they recently released a special consulting podcast featuring a panel of three top industry insiders:

  • Rich Schneider, Director of the MBA campus recruiting program at Deloitte Consulting.
  • Peter Sullivan, U.S. Director of people services at Booz Allen Hamilton.
  • Richard Wallen, Human Resources Manager at Watson Wyatt Worldwide.

Click here to listen to the special consulting podcast.

6) If you are willing to shell out some cash (why does everything cost money!??!), Vault offers some great information online as well as providing hard copies in stores.  They specialize in compiling industry data and conducting surveys.  I have a couple of their books at home and find them generally helpful, especially if you are interested in finding out what current and past employees have thought of a particular firm, or if you are interested in reading advice and interviews from industry professionals.  Click here to view their online consulting page and view the limited amount of info available for free.

Posted in Career Fairs, Cover Letters, and More | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments »

Common Types of Interview Questions – Overview

Posted by James M on November 4, 2008

In the Common Types of Interview Questions series we will be examining the common types of interview questions, their formats, and the proper way to respond.  There is a lot of information regarding this subject so first, in this Overview post, I’ll outline the 5 types of common interview questions, and then in future posts we’ll go over them one-by-one in more depth.  But rest assured there are specific strategies and formats to help frame your response to all 5 types questions.

1.  Behavioral Questions

This is the most common type of interview question and regardless of your major, career choice, or position you are applying for, you will invariably face many of these questions in your interviews.  Behavioral Questions include such famous examples as “Please tell me about your biggest weakness”, and “Tell me about a time you led a team to complete a task.”  Luckily, there is a sure fire structured response to this question type which we will discuss later in this series.

2.  Situational Questions

These questions are relatively uncommon, but include theoretical questions regarding ethical situations or circumstances where you are juggling many activities at once against a fast approaching deadline.

3.  Logic Questions

This format was made famous by Microsoft and is mainly, but not always, used during engineering interviews, especially in the computer science or creative design fields.  These questions have been waning in prevalence in recent years, but you’ll still want to read this post if you are applying for an engineering position or at a company that has branded itself as “innovative”.

4.  Case Study Questions

This type of question is usually restrained to consulting jobs especially strategic and management consulting, and involves analyzing a theoretical or real-world business situation or problem faced by an organization and coming up with a solution or set of actions to resolve the situation.

5.  Field of Study Questions

This is the term I have given to questions regarding questions which “test” your knowledge of a given target subject, and is most prevalent during engineering interviews.  For example, someone applying for a mechanical engineering position may be given a problem where they have to calculate mechanical or static forces acting on an object.  The point, therefore, of this family of questions is to “test” your knowledge of the field you studied in college to insure you have the background and quantitative skills to learn a new and complex trade and begin contributing to a company soon after hire.

Note that these 5 types of questions could appear in a variety of settings.  For example, there could be one or more interviewers or interviewees involved in the interview at one time.  The interview duration could range from 30 minutes to several hours.  The interview may be over the phone, on-campus, or at a local or regional company office.  Despite these variable the types of interview questions being asked will not change nor will the strategies used to answer them.

Ok, well there you have it, the 5 common types of questions you will see as a new college hire.  There are other more advanced types of questions used for experienced professionals and a few types of “exotic” questions that you are unlikely to ever see, but if you can understand how to answer these 5 types (especially the Behavioral Question family as it is by far the most common)  you will be well on your way to having a great interview and wowing your target company.

Posted in Interview Tips | Tagged: , , , , , , , , , , , , , , , | 4 Comments »