MBB Interview - Case In Point VS Case Interview
Hey guys,
So I have an MBB first round interview coming up in the next two weeks. I scoured the forums and came to find that the two most often cited resources to use were Case In Point and caseinterview.com
I personally started with the latter and found it quite useful. I know that many people have sworn by Case In Point and would say it may be the only material you need but while working through both I was stuck in what approach to take to cracking the cases. Specifically CIP has some 12 suggested frameworks while Victor Cheung only has 4, and in fact uses mainly 2 80% of the time.
Since I had started with caseinterview.com before I started reading CIP I have VC's thinking engrained in my methodology but I was wondering if this is really enough. Has anyone studied almost exclusively from his material and aced the case? I will still refer to the market sizing chapter in CIP as it is very good and in fact recommended by VC but I feel if I try to combine their approaches to the case I will end up worse off.
Interview is in 10 days. Any tips would be greatly recommended. Further, if anyone is willing to skype for mock interviews I will be willing to pay them a reasonable amount of cash. Case Interview charges $225 for a 1 hour session which is too steep for me so please make a reasonable suggestion.
Thanks for the input
Did you see this? Victor talks about the differences between his approach and CIP on his blog. http://www.caseinterview.com/case-in-point
I would be down to practice (no need to pay, haha - what the hell?). Feel free to PM me and we'll set something up.
Thanks so much for the input guys.
@OhYeah: I did read that post but I figured I would ask around here since it would be less biased.
@Pissingintowind: Thanks so much dude! Will PM you right now and hopefully we can set something up for later this week or early next week.
@MECEmoron: Thanks for the insight. I am planning on adopting a similar strategy or basing my methodology around VC's approach but also wanted to use CIP. Are there any specific parts of the book you would particularly recommend or just a general read through?
Thanks a bunch again guys!
Caseinterview.com was all I used. I read a few chapters of CIP, its really good, but better for the market sizing stuff, which you will get a question on if you are an undergrad. You should be fine. Good luck
How did you prepare and what did you find most useful from CIP?
I just listened to all the caseinterview.com stuff ran through a few cases out loud by myself 5 and that was about it. I read a few of the chapters on CIP regarding market sizing i.e. the different ways to do a market size. There are x many in my town versus there are so many people in the country etc. Companies like when you CAN do the market size multiple ways and give them the option, than do it the easiest way for you.
Its really not that hard a process, I found from interviewing and being the interviewer the biggest things that worked are enthusiasm and sheer likability. If I like the person I'm going to over look flaws and try to help, if I don't ill be a lot more strict... Its human nature as non biased as everyone tries to be, its pretty hard to be impartial.
Thanks for your comment run4run. How specifically did you prepare? Did you just listen to LOMS repeatedly? Any concrete tips would be greatly welcome.
Also, is there any place you feel case interview felt short?
Ps. Assuming you are working in consulting now?
I thought the Wharton casebook was very helpful ---> https://community.bus.emory.edu/club/GCA/Shared%20Documents/Wharton%20C… .
It has a basic framework that just lists a bunch of categories to have in mind. Highlight the categories that are relevant to your case in buckets and brainstorm 1-3 details in each bucket. Systematically explore these details drawing conclusions as you work through the case. So if you find that xyz has been losing marketshare in a particular segment in a quant question be sure to state that AND the impact of that finding.
Finally at the end of the case be sure to give a recommendation (pick a side, no this or that type of answers here) and then to back it up with 2-3 reasons from the information learned during the case. Wrap it all together with a nice closing statement and congratulations, you aced the case. Now just do it 5-8 more times and you'll have an offer.
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