Best Response

You can't really relinquish access considering you just download the files. I bought LOMS to help me prepare a few months before recruiting season. Comparing my recruiting experience (at the undergraduate level) to what LOMS was like, I would say the interviews were actually very dissimilar. The LOMS interviews were extremely structured, while I found that my interviews (including second rounds with Bain and BCG) were much more conversational. Although considering Victor came from McKinsey maybe LOMS is more representative of McKinsey interviews (I don't know since I didn't interview with them). Overall I'd recommend it though, it's nice to have an audio preparation tool in addition to all the written forms. I think there are some nice tips and it helped me familiarize myself with what a live case interview feels like. My stance is always if you're serious about preparing for consulting interviews, you won't regret spending $200 or whatever if you end up getting an offer that you want.

 

I only watched a few of my friend's files, but I did find it more helpful than any other books out there. Even though the interviews he does are much more McKinsey-oriented as hyperionloop said, it helps you think in a more structured way at different points of the interview.

BUT nothing is going to be more helpful than actually practicing with the right partners. I know plenty of people who didn't use LOMS and got MBB offers by practicing with the right group of people on a regular basis.

So, if you can afford it alone or by splitting it with people, it's not a bad investment. That said, you can do perfectly fine without it. I didn't have the money, didn't use it, and ended up with a MBB offer.

 

I used it and got an MBB offer, however, as pnb2002 has said, I think the most useful preparation is doing practice interviews with other people. I had interviews with McKinsey, BCG and Bain, and actually found that none of the interviews I did were like the first 5 in LOMS (candidate led), not even McKinsey. I found instead, though, that every interview I did was very conversational and more interviewer-led, so the last 4 cases on LOMS were closer to reality for me.

If I was back at the start of the recruitment process, I would use it again (in addition to live practice).

 

I find my answers very cookie-cutter after using LOMS. It really depends on the interviewers though. From my experience, the senior guys tend to look for creativity rather than structure. In that case, LOMS might not be useful.

 

I purchased LOMS and was happy with my decision. It sure was expensive, but I found it far more helpful than Case in point, or the vault guides. My understanding is that Victor Cheng also recently added a lot more example cases to the program. The frameworks are far more streamlined, easier to remember, and useful. That said, you have to know when to deviate from the framework.

FreedayFF is certainly right that LOMS won't teach you the creativity you will need to impress partners, but no book or audio program will. For that, I recommend reading as much WSJ, Businessweek, and other business publications as you can manage, as well as doing a lot of live practice.

 

I don't think it's worth it. I bought case in point and did my preparation through free websites and that was it. There is so much free information and free practice cases on the web that paying such a large amount for case prep material is unnecessary.

Also, I definitely agree with the creativity point made earlier. In some of the feedback I got from my first round interviews, I was encouraged to use less frameworks and more creativity. So in preparing for the final rounds, I made a conscious decision to 'forget' some of the frameworks I had learned. In the end it worked out well as it allowed me to be more original and creative in the final interviews.

 

I got the job without LOMS. Use the free videos and then buy or download a few good practice books/cases. Also use the stuff from the websites. REPEAT THEM AS OFTEN AS POSSIBLE! Figure out a structure that you can apply on most cases (you don't need to take one from the books. Better look at them all and see which one you feel the most comfortable with). Finally, and that's the key part, impress them with being awesome. No Mr Cheng can teach you how to do that.

While I think his free stuff is great, I think he is mostly a great sales person making a mint out of desparate students. Keep in mind that he has worked for McK only for three years, so most of the people who will interview you will be more senior than he has ever been.

If you really want to spend that much for your prep, find a former consultant who does his MBA at your school and pay him to coach you.

 

I was also skeptical at first, even after listening to the first couple of cases.. but after a while I developed very useful habits, and got the job. I don't know whether it was LOMS that helped with the last push (I purchased it before the final round) but I am happy I did buy it.

 
eileen00:
I was also skeptical at first, even after listening to the first couple of cases.. but after a while I developed very useful habits, and got the job. I don't know whether it was LOMS that helped with the last push (I purchased it before the final round) but I am happy I did buy it.

hey victor, how are you?

 

Hi everyone,

I currently use LOMS and am finding it useful; at the end of the day, nothing trumps live case prep with a few partners. That being said, if anybody would like to practice, PM me. I'm available most weeknights and almost all day on weekends (EST).

Best of luck to all!

 

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