Could anyone share their prep journey from start to offer?

Okay I'm starting to get a little desperate here and thinking consulting may not be the right place for me. It's been about 2 months since I started prepping but I still seem pretty clueless. I read 3 case books, but still cant exactly get a framework to solve some on my own. It's always either too stretched or not enough. I feel lost and just don't know how to aggregate things the right way in preparation. 

Could anyone here share their journey from preparation into the offer? I could really use that to fill in the gaps in my prep...

 

There is no perfect framework in case prep. Think about it - once you’re in the job, no client problem is going to be the same, so there’s no way you’ll find the single holy grail framework that has every element you need to devise the solution. Instead, think of them as guides to structuring your approach to the practice cases - what are the discrete buckets you can section the problem out into? When we are interviewing you, that’s what we are evaluating you on - not, “have they picked the right framework for the exam question?” Good luck!

 

The link below details how I prepped after I received my interview invites. Prior to that I had read a lot about consulting and case interviews but never practiced.

Be mindful that no single "framework" can be both comprehensive and specific. You need to develop your business acumen by reading more about business issues. Also, you need to focus on what the interviewer is saying, very intently, not just while thinking how you can somehow force fit it into a given framework. Case in point, in one of my MBB R1s I had a case about emissions reductions. All you needed to do there was thinking "Where do we generate the most?", "What are our levers?", "What's our timeframe / target?". If you just barrel down with a profitability / business situation / 3 or 5 Cs canned framework, you'd just be hitting a wall pretty fast.

Link

 

Sounds good but really how do I get people, current consultants at the manager/PL level, to do interviews with me solely from the kindness of their hearts?

I've had a few calls over the past month, and didn't even ask for a referral. How did you do it?

Also, there was a consultant at my target MBB who told me to get a prep program called "look over my shoulder" by Victor Cheng. Do you know anything about this one?

Sorry for all the questions... :/

 

Hi there,

No worries, I understand this can be tough and stressful.

  1. The people who cased me were 1 coach on a platform (former MBB, now in Tech), and the other was an alumn from my PhD. The latter just offered, very kindly. I got lucky with that one, but I had decided to pay for a coach just to be sure I was up to par. If you have a good rapport with the person, you could ask them if they would be willing to case you at some point, to test yourself. Just make sure you come in prepared. And for context, I messaged maybe a dozen people on LinkedIn, 3 of which replied and set up time for me to talk to them, and only one offered to case me. All were alumni from previous unis I’d been to.
  2. I heard of LOMS, but never used it. I read Victor Cheng’s notes, but I didn’t find them super useful, personally. I do know some people did though. I just compiled a list of common frameworks and made sure I understood those, as well ad made sure to do some occasionally weird cases to ensure I wouldn’t be too blindsided. These frameworks were just compiled from multiple sources online (I think I had something like 8-10 in the end).
 
Most Helpful

Some good answers here already. To offer another perspective, below is my case prep journey from start to MBB offer. I'll preface this by noting that I was a non-business major and had zero casing experience at the start of this process, so some portions of this might be overkill for a business student. This could conceivably fit any timeline longer than 3 weeks, but IMO 6-8 weeks would be ideal. By the time I hit my final rounds, I had given roughly 40 cases and received the same.

1. Read Case In Point

  • This book is a great (and funny) introduction to casing. Much of the intro is very helpful and the behavioral advice is great. 
  • With that said, the cases in Case In Point suck. They are still worth doing (especially if you are starting from zero casing experience) but they are largely 1/10 difficulty and not emblematic of the style of cases that (most) consulting firms give
  • The Ivy Case System is a "meh" technique but, generally, a decent starting point

2. Begin Live Practice

  • I cannot stress the importance of live practice enough. Live practice is the only way to get better at casing. Casing is intimidating and hard--you will likely suck at the beginning (I certainly did). Put your ego aside and just start. You will be amazed by the pace of your improvement.
  • Who should you case with?
    • Ideally, you have a friend or classmate who is also very motivated to land a consulting job. Make this person your "prep partner." Meet as often as you can (depending on your timeline, this could mean daily) and each session should consist of you giving your partner a full case + feedback and then your partner giving you a full case + feedback. Swap the order each session. Make sure that you prep the case you are going to give in advance.
    • If you are unable to find someone you know, my advice is to use the Rocket Blocks forum. There are tons of people looking for consistent case partners. Make sure you pick someone in the same position as yourself (i.e. if you are a college junior applying for generalist consulting, don't pair yourself with a physics PhD who is prepping for an expert consulting gig). WSO and Fishbowl can also be used to find partners
  • Who should you not case with?
    • Remember your high school friend's cousin's sister who works at BainDO NOT ask her to do a case with you (yet). If you've barely learned how to walk properly, you shouldn't book sprinting lessons with Usain Bolt--master the basics first. Don't waste this person's time while also making a poor first impression.
  • Why should I give cases?
    • Well, given a two-person prep approach, this is the only sensible way to do it. However, IMO, giving a case is an incredibly useful exercise--perhaps more helpful than even doing one (especially when you're first starting out). When you know the answer to the case, observing someone else's "good" and "bad" moves (essentially gaining the perspective of an interviewer) is a tremendous learning opportunity.
  • Things to look out for:
    • Make sure that you and your prep partner are at the same "level." If you are a beginner, find another beginner.
    • It is possible that you and your prep partner learn casing at different paces. If you quickly reach "intermediate" level and your partner is still a "beginner," don't be afraid to spend a few sessions focusing on their development. If this fails, don't hesitate to find another partner.

3. Read Case Interview Secrets

  • Once you've done about 10 cases, read this book. At this point, you are probably "getting the idea" behind casing but are far from hitting "offer-level" performance. This book is an outstanding resource when it comes to understanding why case interviews exist, what interviewers are looking for, and how to perform at an "offer-level."
  • Note: the frameworks in this book, while generally good, are overused. This book has been out for a long time and many interviewers, themselves, read it when they were case prepping. If you go into an interview and use the cookie-cutter Business Situation framework, the interviewer will roll their eyes and ding you for it. However, these frameworks are a good starting point and can be used as the building blocks for "custom frameworks."

4. Live Practice with Better Cases

  • Remember when I said that the cases in Case In Point suck? Well, fortunately, there is a functionally-unlimited supply of cases that don't suck
  • Google "{elite business school name} case book pdf" and pick a few that you like. These PDFs will have dozens of cases that vary in difficulty, interview style, industry, etc., and, in most cases, are "retired" cases that top consulting firms previously used in actual interviews. My personal favorite was UVA Darden's casebook.
  • These cases are very emblematic of those you will get from top firms and, in some cases, are even more difficult than what you'll get on interview day. The rest of your case prep should come from business school case books 

5. LOMS (Look Over My Shoulder)

  • While you are doing step 4, you should also listen to LOMS. Yes, it is expensive. Yes, it is worth it. LOMS is invaluable when it comes to understanding the minor differences between an interview performance that is "offer-level" and one that is merely "good." When I first started listening to LOMS, I thought that I was performing at an "offer-level" and I was nowhere close. I largely credit LOMS with getting me from a point where I likely would have passed R1 but been cut in R2 to being able to pass the case portion of both rounds with relative ease.
  • LOMS is both good and bad because it's audio recordings. Personally, I found it difficult to sit down and focus for 30+ mins on an audio recording without getting sidetracked. Instead, I decided to listen to LOMS during my morning workout instead of music and wrote any insights I had in my notes app. This was a more efficient use of time and helped me focus on the recordings more.

6. Case with New People

  • Once you reach a point where you feel that you are consistently performing at an "offer-level," you should reach out to new people and do a case with them. This can be a different friend or classmate who is also case prepping, a current (or former) consultant, paid prep coach, etc.
  • Casing with new, unfamiliar people is about as similar as you can get to actual interviews

Final Notes:

  • Be coachable. Be willing to accept your mistakes and learn from them. This is the only way that you will break bad habits and form good ones.
  • Don't fixate on doing a specific number of cases. Some people might only need 10 cases while others could need 100+. You are likely somewhere in between. While I have included my numbers because they are a helpful objective marker, your individual performance level is the sole indicator that matters
  • If you struggle with math, improving this should be your top priority. No matter how good your issue tree, brainstorming, and synthesis are, a math mistake will ruin you. There are enough people who want these jobs and won't mess up.
  • Keep casing in between the first and final rounds. You will get feedback after R1 that they will "test for" in the final round. Make sure you correct any issues by practicing your weak spots
  • Case prep is pointless if you don't get interviews. Make sure that your cover letter and resume are strong, and network as much as you think will be necessary.
  • If you have done dozens of cases but still struggle to consistently build a custom framework/issue tree that is not "cookie cutter," you need to zoom out. Fundamentally, anything can be broken down into its component parts. Start thinking about your regular life and break your decisions down into MECE issue trees. For example, if you want to decide on what restaurant to go to, you could divide it into 3 buckets: price, proximity, and food (quality and portion size).  Or maybe what book to buy at a bookstore? -> length, price, genre. You get the idea. The more you practice doing this, the more tailored (and, generally, better) your case issue trees will become.
  • Last but not least: the case interview is only 50% of getting an offer. Do not underestimate the importance of the behavioral/fit portion. I know several people who objectively cased better than me but did not have as much success. Once you are at an "offer-level," doing additional cases is a poor use of time. Do one case every few days to stay sharp and focus on behaviorals
 

I recruited out of undergrad so can’t speak much on the T2 -> MBB path. But, generally seems that it is possible but usually requires a lot of networking + in-demand experience/skills. Will be harder to get an offer as an experienced hire because this hiring channel has been slowed due to marco environment. Happy to try to answer any specific questions you have as well.

 

Wow! Thanks for the input!

Could you recommend a good source of cases? I have case books from top schools, about 15 of them but that's all. Any ideas about good case sources?

 

Here are two that I loved when prepping. They break cases down by firm style, difficulty (R1 vs. R2), industry, etc. and also have good answers to reference. The industry overviews in casebook 2 are helpful as well. I personally gave/received every case in both of these before finding a new casebook. These will last you a while, but NYU Stern and UMich Ross are two others I used once I burned through these. Be sure to prioritize newer casebooks over older ones because cases have gotten more standardized/lengthy recently (i.e. don't do your prepping with the HBS 2004 casebook). Hope these are helpful and happy to answer any other questions you might have. 

Casebook 1

Casebook 2

 

Thank you for your thought-out answer. I want to start case prepping for undergrad recruiting for MBB. However, I go to a top 45 Business school and I know MBB targets top elite schools. Do you mind answering with your honest opinion on how much of a disadvantage the type of school you go to affects recruitment?

 

It’s a disadvantage for sure but it won’t kill you. My best advice is to keep GPA high, include test scores on your resume if they are strong, hold leadership positions in extracurriculars, and network heavily in your desired office(s). Internships with brand-name employers go a long way too.

Moreover, if you isolate a specific office for each MBB and network heavily within it, you can likely differentiate yourself enough to get through the resume screen and get an interview. From there, all that (generally) matters is interview performance.

Also, I wouldn’t treat consulting as MBB or bust. If you really want to be a consultant, you should be content with working at a T2 or Big 4 firm if things don’t work out perfectly. If this turns you off, then my advice would be to look at banking, as banks are generally more open to taking non-targets and there are comparatively more seats at “elite” firms (3 in consulting vs. probably 20 banks).

 

(Received offers at MBB but ended up going into IB for separate reasons) There are much better recommendations above than I could give on actually preparing for cases, but here are two other things that I think helped nonetheless:

1) Once you've gotten to a stage where you can do mental math comfortably and case well, take time to practice your public speaking beyond your ability to memorize frameworks. As in, don't sound robotic when going step by step, and don't rush talking through math even if it is simple. I found that rounds where I spoke as normally as possible, even if my thought processes wandered at times, went smoother than rounds where I was spot on with going step by step, but sounded (in hindsight) as if I was reading off a script. Maybe this was a byproduct of my interviewers but trying to talk as normally as possible also helped me calm down when in interview mode.

2) Casebooks are your friend, but so is everyday life. Take time to understand actual businesses and what makes them operate effectively. Read news articles about companies looking to start new revenue streams or that recently acquired competitors and see their reasonings for these decisions. Often these reasonings, worded particularly for business readers, are great foundations for your own practice and eventual summary of cases that you run. The opposite of these could also be "risks" that you tell your interviewer could be useful to look into going forward after the case is over.

 

I used leadthecase and it helped me understand better how to think of business cases. It is a platform that simulates a real interview experience - definitely better than a book with only theory and little practice... 

 

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