Consulting Job Interview Tips
- What is Consulting? | Career Advice & Interview Tips | WayUp Guide
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- How to prepare for a consulting interview
You can check out more here. Remember: personality and attitude are as important as your answers derekGavey via Flickr Your answers to these questions are important. But Gao assures us a critical part of getting that consulting job is whether or not your interviewer thinks you're a good match personality-wise. " The consulting interview is all about the energy and the vibe that you give off, " he says. Some important traits that interviewers look for: Excellent people skills: Communication is an enormous part of consulting. Natural curiosity: You'll constantly be learning about new industries. Attention to detail, "or the ability to fake it well, " says Gao. Ultimately, the interviewer is thinking, "Do I want this person communicating and interacting with our big clients? " Also: "Would I be happy to spend 10 hours in a room with this person? " So don't try too hard during your interview -- be on point, but be yourself. The follow-up questions AP Shrugging your shoulders when your interviewer asks if you have any questions is not an option.
What is Consulting? | Career Advice & Interview Tips | WayUp Guide
For small companies, the cover letter matters more. " How to dress The dress for a consulting interview is standard professional business attire: a nice, plain suit (for both men and women). As usual, make sure you're clean-cut (for men, clean-shaven), neat, and not wrinkled. Gao's one warning: "don't be too fashionable. " That means no flashy ties or trendy accessories. Be neutral; keep it simple. Be on top of current events in the industry You won't make it through your interview if you can't show that you pay attention to current events. Knowing what's going on in finance and politics (both domestic and international) is a crucial part of consulting. Gao advises candidates to scan the general news the morning of the interview. It's even better if you also know what's been going on with the firm that you're interviewing with and you drop some of those tidbits into your interview. The Case Study David Masters via Flickr During the case study portion of the interview, you'll be given information about a business situation (real or hypothetical).
Fill the 3L bucket back up and pour as much as you can into the 5L bucket (i. e. 2L). This leaves 1L in the 3L bucket. Empty the 5L bucket and pour in the 1L of water you have sitting in the 3L bucket. Now fill the 3L bucket to the top and pour it into the 5L bucket -- and you're done. 1L + 3L = 4L measured exactly in the 5L bucket. (from Ace the Case) Sample case question #2: Market-sizing/Estimation Estimate the size of the U. S. disposable diaper market. (from) First, I'm going to assume that there are 250 million Americans. I'm going to further assume that the average life expectancy of an American is 75 years. I'm also going to assume that there are even numbers of people in each age group. And that there are exactly same numbers of 8 year-olds as 68 year-olds. You divide 250 million by 75 and you get about 3. 3 million people per age group. Children wear diapers from ago zero to 3 so that's 9. 9 million kids wearing diapers. So we'll round it off to 10 million kids. You said disposable diapers.
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You'll then be expected to analyze it and propose a solution. The point of this exercise is to see how well you understand business, and how strong your analytical, problem-solving, and logic skills are. The key to preparing for the case study is simply to practice, practice, practice -- you have to do as many practice cases as you can. "Get grilled by friends and current consultants willing to help you, " Gao suggests. You can find plenty of sample cases on the web, or you can purchase a case prep book -- one of the most highly-recommended is Case in Point: Complete Case Interview Preparation, by Marc Cosentino. Sample case question #1: Logic Question You have a 3 liter bucket and a 5 liter bucket. How will you measure out exactly 4 liters of water? Assume you have an endless supply of water and no markings on the buckets. (from Ace the Case) Possible answer Fill the 3L bucket and pour all of its contents into the 5L bucket. You now have 3L of water and 2L of empty space in the 5L bucket.
With this mindset, ask your interviewer for more information when you need it, explain your assumptions as you go, and talk him or her through your approach. All of these things will lead to a productive conversation, and you'll likely find your interviewer quite helpful, especially if you get stuck. Sometimes he or she may steer you in a different direction or suggest you think of things in a different way—and you should pay attention to such subtle cues and guidance. The more you bring your interviewer along in your thinking, the more he or she will enjoy working through the case with you, and the more opportunity you give him or her to help you solve the problem you've been presented with 3. Structure, Structure, Structure A good structure is really the key to doing well with a case. It's more important than your answer and it's more important than the knowledge you bring in—it's your chance to show "how you think. " The interviewer wants to know that you can take a bunch of information thrown at you and create a logical structure, process it, and get to a good answer (not "the" answer, mind you—with cases, there aren't single right answers).
Consulting job interview tips in tamil
So, you want to be a management consultant. You've got your MBA hanging on the wall, your resume tuned, and your favorite suit pressed and ready to go. Now: to ace that interview. Fortunately, unlike other professions, the consulting interview is relatively standard across the board -- which means you can know exactly what to expect, and prepare accordingly. We spoke with Kevin Gao, an ex-McKinsey consultant and the founder of interview preparation company Management Consulted, to find out the best ways to get an interview, what interviewers are looking for, and how you should prepare for each type of question they'll ask. Click here to learn how to prepare for your consulting interview > Where to look for consulting jobs AndrewEick via Flickr The most surefire way to score a consulting interview is through a network connection in the business or a contact at a firm. "The thing about consulting is that most of the big management firms don't do postings on job sites. You're going to need to get introduced internally, or know a recruiter, " Gao tells us.
For example, if you work for one of the large management consulting companies (such as McKinsey, Bain or Boston Consulting Group) you'll be following a fairly structured career path, starting off as a junior consultant and moving up to a senior consultant role within two to three years. Working at one of the larger consulting firms also means that you're more likely to be a generalist in your early years since you typically only become specialized in a particular vertical, industry or type of work after working in consulting for several years. At smaller consultancies or boutique firms, you'll generally focus on a particular industry from the beginning (such as healthcare or technology) and work exclusively within that industry. What are the challenges of working in consulting? Being a consultant is an exciting career path but it does have its share of challenges. One of the main ones is traveling. Although many other careers require travel (e. g. sales), few are as travel-intensive as consulting.
How to prepare for a consulting interview
So I'll estimate that 80 percent of children wear disposable diapers. So now we're talking 8 million children wearing 5 diapers a day. That's 40 million diapers a day times 365 equals approximately 14. 6 billion diapers a year. (from) Sample case question #3: Market-sizing/Estimation How many ATM machines are there in the United States? (from) I live in Needham, Massachusetts. The population of my town is approximately 30, 000. There are fifteen ATM machines in town so I'll assume that each ATM services 2, 000 people. I'm going to assume that the population of the US is around 260 million people. Next I'll divide 2, 000 into 260 million and come up with 130, 000 ATMs. (from) The "Fit" Questions jared via Flickr During the "fit" portion of the interview, the interviewer will ask questions about your personality and approach to work. They'll generally prompt you to offer examples of how you've handled certain situations in the past. It's important to remember that how you answer the questions is just as important as what you're saying.
The key to any good interview is preparation—and there's no better preparation than knowing the kinds of questions that you're likely to face. With that in mind, I took a look through the thousands of responses from our 2013 consulting survey and selected some of the most representative questions that successful candidates had to navigate. For this post, I limited my research to questions from firms that made the top 10 in the Vault Consulting 50 this year—in a follow-up, I'll focus on questions from different types of firms: boutiques, firms with particular practice area specialties, and so on. In the meantime, feel free to test out your answers to any of the below—or to provide feedback on others' answers—in the comments. Situational & Personal Questions These are the standard questions that almost every professional in any walk of life will have to negotiate successfully if they're to find themselves getting a job offer. However, just because they're not specific to the consulting industry doesn't mean that you should take them lightly—tripping up on a question about your long-term career goals can do your application just as much harm as blowing the case interview portion.