HOW TO CRACK BUSINESS AND CONSULTING INTERVIEWS?

In the broad sense, interviewing is the process whereby individuals exchange information. The individuals may be concerned with a job opening, a promotion, a special assignment, a product sale, information for intelligence purposes, a proposed merger, or other questions. The information exchanged need not be limited to facts. In business, particularly, such products of an interview as meaning and understanding are oftentimes more significant than objective factual statements. Let’s look at some tips for doing well in a management consulting firm case interview

Let's approach this as if it was a consulting interview question in itself and let's understand 

a) What They’re looking for and 

b) How we get there.

a) As with any other job interview, interviewers in management consulting are asking themselves three questions:

Would I like to work with this person?

Does this person have / can this person learn the skills?

Can this person be placed in front of a client?

b) So let's address all 3 of these:

Would I like to work with this person?

This is where your people skills will come in. You can have the best case interview answers of all time.

Does this person have / can this person learn the skills?

There is a good saying: "Hire attitude, train skills" - This doesn't mean that you can completely lack skills and get an offer, but it does allude to the fact that your skills need not be perfect the day that they hire you. They, however, expect that you will want to learn and grow within the company, so that in a short amount of time after you begin working, you will indeed have the necessary skills.

Can this person be placed in front of a client?

As a junior consultant, you will often spend your days analyzing analysis. However, if you work in a small company you will very early on be expected to be able to carry out your meetings with the client. That means that you will be placed in rooms with executives who are more experienced and more knowledgeable than you are. If you can't handle your nerves during a case interview, They can be pretty certain that you won't be able to handle your nerves when the client asks you a question you have no answer for. This is why it is important to stay cool, calm, and collected during your interview.

Put emphasis on how you present yourself. The way that you present yourself and the way you present the answers is the key. In technical questions, it’s important to think about how you can bring your answer from a logical standpoint and walk through your thinking and show how you’re getting to that answer. Now let’s look at some of the classic errors to be avoided 

# Do not assume your immediate surroundings as a sample to make guesstimates, sometimes it may not be the representative sample.

# Don’t let your personal bias come in the way. Look at facts in isolation from your own emotion. 

#Look beyond your socio-economic background. Look at the world from far wider angles, think about all possible points of view.

Lastly, it’s crucial to be in the right mental headspace on the interview day. This will hopefully allow you to speak in that conversational way, ask good and smart questions as they come up, and do it all with confidence. Now keeping the tips and tricks in mind enjoy answering this question

How many people in India visit drama theatres? What is its market size.?

 

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