PWC ADVISORY ASSOCIATE INTERVIEW

hey everyone. so i was able to land a second interview, this time with PwC!!! i have a couple questions that i hope someone can answer. the interview consists of 2 45min interviews and a senior session (Q&A panel). the position i applied for is advisory associate in health care. should i be expecting a case interview? i am nervous cause im having some problems with them (i am a non-business major, majored in hard sciences) . i went on glassdoor and all the advisory associate interview reviews say that they are pretty much exclusively behavioral, is that right? also, what the heck is a senior session? thanks eveyone!! my interview is at the end of the week

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Comments (9)

Nov 9, 2010 - 3:32pm

anybody?

“Not everything that counts can be counted, and not everything that can be counted counts.” - Albert Einstein
May 31, 2011 - 11:39am

My experience with a PwC interview was two 45 minute interviews (a partner and a director) and then the rest of the time was spent having lunch and talking informally with associates. The session with the partner was all behavioral while the director covered my resume and talked about my skills.

May 31, 2011 - 12:25pm

To prepare for the behavioral questions I created a list of professional situations that I felt I had performed well in. Then apply one of those situations to the behavioral question based on which one is the best fit. I also looked up a list of possible behavioral questions to practice.

As far as competencies my advisory interview was for a position within a financial services advisory role so they will likely be different then for a healthcare specific role. I was asked competency questions around the skills on my resume. As an accounting major I was asked about my project management skills and ability to calculate project costs using NPV. I am a MIS minor so I was asked about my experience with SAP and various programming languages.

If you where asked to come in for an interview they obviously are interested in the skills you indicated on your resume. Just be sure to be prepared to answer questions about the skills you have indicated.

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May 31, 2011 - 1:10pm

If you are interviewing for a Health Care position in Advisory, it is almost certainly related to the Patient Protection and Affordable Care Act. Do some googling on Health Care Reform. Read up on guaranteed issue, exchanges, etc. Big ticket strategic items that impact large payors. McKinsey has a few good white papers floating around on the subject, but there's tons of stuff if you dig for a while. The behavioral stuff, obviously you should have that locked down no matter where you're interviewing. If you can't answer the "tell me about a time when....." questions, don't waste any time reading about ACA.

May 31, 2011 - 1:11pm

PwC Advisory Services Interview (Originally Posted: 03/10/2010)

First time poster but long time reader here. I have an upcoming interview for SA in the Transactions Valuations Services group at PwC. The recruiter advised me to review basic accounting, what specifics should I review? Basic income statements, balance sheets and cash flows? discount rates? I attend a liberal arts school and have only taken a basic accounting course so I could really use the help.

Thanks.

May 31, 2011 - 1:12pm

You can check online. Search for accounting interview questions or "accounting questions in investment banking interviews"

You need to know how the statements connect (NI goes to top of CF, and Retained earnings on BS) CF is most important statement, BS and NI make CF. We buy 10$ inventory what happens to three statements. You sell that inventory, what happens to three statements. You buy a factory with debt what happens at end of year 1, year 2? How to write down assets. How does Depreciation affect NI ( use the tax shield).

Your not a business student so you may not receive this level of detail, but I guarantee you will impress them if you can answers this technical.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
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