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Case Interviews

Case Interviews. “What You Need To Know”. Katie Bleicher Jon Garcia Steven Hawkins Mac Joyce Charlie Vickland. Overview. Background/Concerns How to Succeed Class Exercise Debrief and Discussion Company Information Summary Questions. Background. What are Case Interviews?

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Case Interviews

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  1. Case Interviews “What You Need To Know” • Katie Bleicher • Jon Garcia • Steven Hawkins • Mac Joyce • Charlie Vickland

  2. Overview • Background/Concerns • How to Succeed • Class Exercise • Debrief and Discussion • Company Information • Summary • Questions

  3. Background • What are Case Interviews? • Real business problems • Thoughtful discussions • Chance to show problem solving skills and creativity • Tests ability to think and act like a consultant

  4. Concerns • Intimidating Interview Format • Requires Participation • Need General Business Knowledge • Communication Skills

  5. How to Do Well • Utilization of structured thinking: • Break the problem down • Focus by prioritizing areas • Demonstrate analytical thinking • Math & Logic • Make a recommendation

  6. Different Case Interview Formats • Brain Teasers • Short answer format, solve riddles and puzzles, looking for out-of-the-box answers • Market Sizing • Longer answer format, essential to explain reasoning, looking for ability to structure problems, make assumptions and educated guess calculations • Project • Longest format, working on a typical business situation that applicants are not familiar with, looking at analytical skills, ability to question, focus is on the process

  7. Class Exercise • Brain Teaser • You have 2 empty jugs. 1 Holds 3 gallons, the other holds 5. How do you get exactly 4 gallons of water from the tap? • Market Sizing • How many copies of Windows NT did Microsoft sell last year? • Project • You are consulting for one of the largest supermarket chains in the country. This chain is considering opening its own bank branches in its supermarket locations. What is your advice?

  8. Debrief and Discussion • What process did you use to answer the question? • No right answers – the process is what counts! • Tips • Show you’re thinking critically by talking out loud and taking it seriously • Practice (available from company websites, internet career sites, know business issues) • Familiarize with business frameworks (Porter’s 5 Forces, 4 Ps of Marketing, SWOT, etc.)

  9. Company Information • The following companies use case interviews: • Management Consulting companies • Bain & Company, Boston Consulting Group, Mercer Management Consulting, McKinsey and Company • Investment Banking companies • Capital One • Is it effective?

  10. Summary • Background/Concerns • How to Succeed • Class Exercise • Debrief and Discussion • Company Information

  11. Questions ? ?

  12. Sources Case Interview Questions. Acing Interviews. Retrieved 20 Sep 2004, from http://www.campusaccess.com/campus_web/career/c5job_incatc.htm Case Interviews. How to Counseling interviews guide. Retrieved 20 Sep 2004, from http://www.campusaccess.com/campus_web/career/c4job_inca.htm Case Interviews. MIT Careers Office. Retrieved 20 Sep 2004, from http://web.mit.edu/career/www/guide/caseinterview.html Join Bain. Bain & Company. Retrieved 20 Sep 2004, from http://www.bain.com/bainweb/Join_Bain/case_interviews.asp

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