Matt Huang
Matt Huang
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Market sizing is shockingly uncomplicated
How to approach consulting market sizing / estimation interview questions.
Need casing help? Book a 1:1 coaching call w/me: stan.store/matthuang21
Business inquiries: huangmatt21@gmail.com
0:00 Intro
0:12 What is market sizing?
0:56 Why consulting firms ask market sizing questions in interviews
2:20 What even is a market?
2:54 Why it's not about the numbers, it's about the approach
3:57 Walkthrough example: How many students apply to consulting jobs in the US?
4:41 Ask clarifying Qs
6:07 Building out the "equation"
8:07 Walk interviewer through approach
9:30 Ask if there is any data available
10:07 Inputting assumptions
12:09 Doing the math
13:00 Sanity check the number
14:17 How can I make this better?
#managementconsulting #caseinterview #consulting #marketsize
Sub count: 8,921
Переглядів: 5 214

Відео

Guy with whiteboard explains McKinsey non-profit case
Переглядів 2,3 тис.14 годин тому
Solving an actual McKinsey non-profit case: www.mckinsey.com/careers/interviewing/diconsa Need casing help? Book a 1:1 coaching call w/me: stan.store/matthuang21 Business inquiries: huangmatt21@gmail.com 0:00 Intro 0:19 Case prompt 1:32 What to do at the beginning of the case 2:14 Clarifying questions 5:04 Build a framework 6:20 Present framework to interviewer 13:31 Quantitative section 14:21 ...
NYC tech bro in Toronto | Tips for starting a new job
Переглядів 2,2 тис.День тому
Spent a week in the 6ix (aka Toronto). Thanks for dropping by! Free 1-month case interview roadmap: stan.store/matthuang21 Business inquiries: huangmatt21@gmail.com 0:00 Intro 0:44 Good morning! 2:01 Heading to the office 2:39 Why I am in Toronto for the week 5:11 Lesson of the day: Tips for starting a new job / intership 6:42 Contextual knowledge 7:54 Outsider knowledge 9:18 1st principles thi...
Guy with whiteboard explains McKinsey case
Переглядів 77 тис.14 днів тому
Step by step how I would solve an actual McKinsey case: www.mckinsey.com/careers/interviewing/electrolight Need casing help? Book a 1:1 coaching call w/me: stan.store/matthuang21 Business inquiries: huangmatt21@gmail.com 0:00 Intro 0:45 Case prompt 1:56 What to do at the beginning of the case 3:23 Clarifying questions 5:26 Build a framework 7:31 Present framework to interviewer 12:07 Quantitati...
How I got into Google | Interview process & reflections
Переглядів 4 тис.21 день тому
I recently left consulting to join Google in a Strategy and Operations role, and I've received lot's of Qs about the interview process. Thanks for stopping by and make sure to subscribe drop any questions you have in the comments below! *The opinions expressed in this video do not reflect the views of my employer* Free 1-month casing roadmap: stan.store/matthuang21 Business inquiries: huangmatt...
Settling into my new job in NYC | Strategy at Google
Переглядів 3,8 тис.Місяць тому
Been almost a month since I left my consulting job at BCG, and boy is there a lot to catch up on! Thanks for stopping by and make sure to drop any questions you have in the comments below! *The opinions expressed in this video do not reflect the views of my employer* Free 1-month casing roadmap: stan.store/matthuang21 Business inquiries: huangmatt21@gmail.com TIMESTAMPS 0:00 Unboxing a new phon...
Starting a new job in NYC at 25 | Tech Strategy & Ops explained
Переглядів 11 тис.Місяць тому
Hey friends! There's a lot of content about engineering related roles in Tech, but not as much insight on business oriented positions like Strategy and Operations. Thanks for stopping by and make sure to drop any questions you have in the comments below! Free 1-month casing roadmap here: stan.store/matthuang21 *The opinions expressed in this video do not reflect the views of my employer* Busine...
A day in NYC with my brother working in Private Equity
Переглядів 3,1 тис.Місяць тому
Hanging out in New York with my older brother who is in town for the week. Thanks for stopping by and make sure to drop any questions you have in the comments below! Business inquiries: huangmatt21@gmail.com TIMESTAMPS 0:00 Intro 1:07 Leg workout 2:32 Grad dinner for my sister & friends 2:52 Heading to hotel, grabbing bagels 4:08 Introducing my brother 5:00 Fooling around 5:20 What is Private E...
My last day as a Consultant in NYC
Переглядів 7 тис.Місяць тому
Yep, I left my job at BCG this past week. This video is an attempt to encapsulate how I felt on my last day - if I look or sound depressed, it's because I wasn't trying to block out any emotions that day. I'm okay though, I promise! I'm grateful for all the support I've received on this channel, and I continue to be amazed at all of you who decide to spend your limited time watching videos in m...
Acing a consulting case live so you can just copy me (Bain R1)
Переглядів 5 тис.2 місяці тому
Link to the case in this video (page 48): economics.virginia.edu/sites/economics.virginia.edu/files/Darden Case Book 2018-2019.pdf The Most Comprehensive Beginner’s Guide to Consulting in 2024: ua-cam.com/video/4IYULfROlLw/v-deo.html Need casing help? Book a 1:1 coaching call w/me: stan.store/matthuang21 Music from Epidemic Sound → use link for FREE 30 day trial share.epidemicsound.com/ohdjti #...
Brutally honest advice for my 20 year old self
Переглядів 2,5 тис.2 місяці тому
As of this video, I'm a 25 year old management consultant and former investment banker living in New York. Over the last 5 years I've learned a lot of hard truths about work and life. If I could go back in time and talk to college-aged Matt, this is what I would tell him. TIMESTAMPS 0:00 Intro 0:18 Lesson 1: You get what you deserve, not what you want 2:19 Lesson 2: Don't tell other people abou...
Step by step how I'd get a $140,000 consulting job if starting again
Переглядів 13 тис.2 місяці тому
I'm sick of seeing bad advice online and all the salesy content that has permeated the "consulting prep" space on UA-cam. Here are my learnings after working at a top strategy consulting firm in New York. FREE 1-month casing roadmap (giving it away for free here): stan.store/matthuang21 0:00 Why you should listen to me 1:50 What landing an offer really means 2:51 Shift your self identity & limi...
Why I chose to "sellout" as a 25 year old professional in NYC
Переглядів 4,2 тис.3 місяці тому
My current view on pursuing money and prestigious jobs out of college. It's never as black and white as people make it out to be.
25 Things I Realized After I Turned 25
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Timestamps 0:00 Intro 0:11 A crush is just a lack of info 1:03 Nobody cares 1:48 Staying power is a superpower 2:45 Nobody has it all figured out 3:34 Get going, then get good 4:33 Life is too short to live on someone else's terms 5:14 Get clear on your values 5:48 Prestige matters, but don't let it consume you 6:49 It's harder to make friends as an adult 7:50 Don't pedestalize older people 8:5...
Watch this if you can't stop obsessing over the "next thing"
Переглядів 1,9 тис.4 місяці тому
They say desire is a contract you make with yourself to be unhappy until you get what you want. But what do you do when the goalposts keep moving? Music from Epidemic Sound → use link for FREE 30 day trial share.epidemicsound.com/ohdjti My filming gear: Camera (just my iPhone): amzn.to/3LvSTNl Portable microphone: amzn.to/3SYXDzQ Podcasting mic: amzn.to/3LrjOtU Tripod: amzn.to/47wHVA4 DJI iphon...
I'm burnt out (25 year old Consultant in NYC).
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I'm burnt out (25 year old Consultant in NYC).
How many mock cases do I need to land a consulting offer? | Subscriber Q&A
Переглядів 1,1 тис.5 місяців тому
How many mock cases do I need to land a consulting offer? | Subscriber Q&A
How to get paid to fly first class and stay at 5-star hotels | Consulting travel explained
Переглядів 3,6 тис.5 місяців тому
How to get paid to fly first class and stay at 5-star hotels | Consulting travel explained
I Interviewed Ivy League Students as an Investment Banker | No-BS guide to dominate IB interviews
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I Interviewed Ivy League Students as an Investment Banker | No-BS guide to dominate IB interviews
WFH as a Consultant in NYC | Gym, New Project, Desk Tour
Переглядів 2,4 тис.5 місяців тому
WFH as a Consultant in NYC | Gym, New Project, Desk Tour
Acing a consulting case live so you can just copy me (BCG R2)
Переглядів 15 тис.6 місяців тому
Acing a consulting case live so you can just copy me (BCG R2)
Why you should start BEFORE you feel ready | 2023 reflections
Переглядів 1 тис.6 місяців тому
Why you should start BEFORE you feel ready | 2023 reflections
The Most Comprehensive Beginner’s Guide to Consulting in 2024
Переглядів 41 тис.6 місяців тому
The Most Comprehensive Beginner’s Guide to Consulting in 2024
Good vs Bad Day in the life as an Investment Banker (DETAILED breakdown)
Переглядів 16 тис.6 місяців тому
Good vs Bad Day in the life as an Investment Banker (DETAILED breakdown)
How to find a career you genuinely enjoy
Переглядів 2 тис.7 місяців тому
How to find a career you genuinely enjoy
Day in my Life as a Consultant in NYC | Life Between Projects
Переглядів 6 тис.7 місяців тому
Day in my Life as a Consultant in NYC | Life Between Projects
Does Prestige Matter?
Переглядів 3,8 тис.7 місяців тому
Does Prestige Matter?
This SIMPLE productivity tactic got me into MANAGEMENT CONSULTING
Переглядів 2,9 тис.7 місяців тому
This SIMPLE productivity tactic got me into MANAGEMENT CONSULTING
Investment Banking vs. Consulting | From a Former Banker & Consultant
Переглядів 11 тис.7 місяців тому
Investment Banking vs. Consulting | From a Former Banker & Consultant
Day in my life as a Consultant in NYC | Quarter Life Reflections
Переглядів 6 тис.7 місяців тому
Day in my life as a Consultant in NYC | Quarter Life Reflections

КОМЕНТАРІ

  • @francesca-lamiavitaadoxfor7169
    @francesca-lamiavitaadoxfor7169 51 хвилина тому

    Thank you so much for your videos! ❤ Do you think a person (me,lol) graduated from an MSc in 2021 and therefore with some work experience (as account manager) can be considered for an entry level position at MBB ? I feel old and out of the place 😢

  • @kirinni2021
    @kirinni2021 3 години тому

    You need to walk us through a case study of whether New Yorkers should be throwing their trash in trash bins.

  • @Floptropican-Tim
    @Floptropican-Tim 7 годин тому

    Hey Matt, thank you again for the wonderful video. im wondering if could do a video on cash management, i have an internship offer from a bank and i am desperately need to gain some practical insights before second interview. Thank you in advance

  • @Floptropican-Tim
    @Floptropican-Tim 8 годин тому

    thank you so much!! I am currently self studying business in order to land a job and this is giving me so much practical information in a short amount of time

  • @dhairya3746
    @dhairya3746 9 годин тому

    Thank you so much sir for this comprehensive guide into the world of consulting. Your high quality videos and content is valuable and highly appreciated ! Please continue making such awesome videos ! Regards.

  • @user-sl3kz2mo7l
    @user-sl3kz2mo7l 20 годин тому

    Great work Matt!! thank you for making this highly informative and valuable content the effort you put into it, much much appreciated

    • @matthuang21
      @matthuang21 15 годин тому

      Thank you, I'm so glad you found this vid valuable. Appreciate you dropping by!

  • @christoph6223
    @christoph6223 День тому

    Hm, competitive pricing as a means of obtaining a 12.5% share is not so valid in my opinion, as the 12.5% share depends on the price set at the outset.

  • @avataraang7760
    @avataraang7760 День тому

    awesome video man!

  • @HuyenMinhLy
    @HuyenMinhLy День тому

    Thank you very much, Matt. I am new to learning case interview and this video is super helpful.

  • @afeinhandler
    @afeinhandler День тому

    I hope SuperSoda launches the product 😁

  • @thinkingcitizen
    @thinkingcitizen День тому

    ngl the original 'Shockingly Uncomplicated' guy should have trademarked the phrase

    • @matthuang21
      @matthuang21 День тому

      Ngl that would’ve been a smart move

  • @RafiUllah-bg4fk
    @RafiUllah-bg4fk День тому

    Brilliant! Thanks mate

  • @user-cv7pj8wy1y
    @user-cv7pj8wy1y День тому

    Omg i wish everyone can speak clearly, easy to understand like you

  • @user-rl4tu8oj6w
    @user-rl4tu8oj6w День тому

    First thank you for the work you do. Secondly i just graduated from university and i am interested in creating a business. your videos are helping me think strategically on the overall business and its really usefull for me since i dont have a business background.

    • @matthuang21
      @matthuang21 День тому

      Best of luck with your business!

  • @ThienTruong-iy5ix
    @ThienTruong-iy5ix День тому

    Bro why am I here. I’m in healthcare 💀

    • @matthuang21
      @matthuang21 День тому

      Algorithm gods brought you here 🤷🏻‍♂️

    • @ThienTruong-iy5ix
      @ThienTruong-iy5ix День тому

      @@matthuang21 Interesting stuffs!

  • @michaflak1370
    @michaflak1370 2 дні тому

    At 21:00: How does the fact that the top 2 players in the market have 30% share make me confident that we are likely to have 12.5%? My intuition is that the vast majority of players have a share smaller than that, and having 12.5% would place us at a tail end of the distribution, making it unlikely / requiring luck. So a completely opposite intuition to yours. I would appreciate clarification on this.

    • @matthuang21
      @matthuang21 День тому

      Great Q. Usually it's easier to enter a market that is more fragmented vs one that is dominated by 2-3 major players because it is easier to steal share from small fish than to take it from a whale. The presence of many small players is good even if we are small at the start - they all have less resources individually are are not as coordinated as one single competitor with a massive amount of resources and better coordination. Markets where 1 or 2 players have over 50% share are largely uncompetitive - think about trying to compete with Amazon in e-commerce, or against Google in Search. It's extremely difficult for a new entrant to win. Now compare that to an industry where there is no clear leader or the leader has only a small lead and nobody has >20% market share (like in this case) - which market would you prefer to compete? 1 caveat is that even if a market is fragmented you still need to be smart about how you try to compete, because there could be a reason why nobody is a leader (e.g. maybe the products being sold are commodity-like and so it's hard to truly differentiate), but all else equal a fragmented market is better than a less fragmented one if you are a new entrant. Hope this helps.

  • @eeffocian88
    @eeffocian88 2 дні тому

    Subbed from singapore

  • @bryanchew5909
    @bryanchew5909 2 дні тому

    Thanks for showing the in-depth and walked thro step -by step on the approach. Would like to know if you can suggestion courses / ways to sharpen problem solving skill? specific on able to think from multiple angles for the approach for junior level.

    • @matthuang21
      @matthuang21 День тому

      Next time you have a problem, think about it in a structured way. Try to create a framework, think through the options, consider pros and cons, and try to be MECE. Over time it will come more naturally.

  • @okeeneanya843
    @okeeneanya843 2 дні тому

    Super awesome content. I have a question. What roles do the PhDs interested in consulting play? Are there even roles for them to impact projects?

    • @matthuang21
      @matthuang21 День тому

      Plenty of PhDs go into consulting, I worked with a few during my time at BCG. Alot of them come from life sciences backgrounds because there's a need for specialized knowledge in healthcare. You usually get hired as an "Advanced Degree" consultant. The job is pretty similar to what a post-MBA consultant will do, except that your casework will likely be a bit more tailored to your field of expertise.

  • @boris6268
    @boris6268 2 дні тому

    Your presentation style is very easy to listen to and follow. Thanks for this video!

  • @greatgastbypotato399
    @greatgastbypotato399 2 дні тому

    you are the men ! thanks for the help.Amazing content

  • @user-en4ek6xt6w
    @user-en4ek6xt6w 2 дні тому

    Really nice video

  • @LavaHD
    @LavaHD 2 дні тому

    Is he trolling at 17:05 ?

  • @dundeedideley1773
    @dundeedideley1773 3 дні тому

    Absolute ton of math??????? I just lost a ton of respect for McKinsey and their like

    • @jaiveersingh5538
      @jaiveersingh5538 День тому

      When he teaches you how to divide 40 million by 0.1 😂😂😂

    • @rimiadoss9792
      @rimiadoss9792 3 години тому

      Camouflage fabric

  • @tdreamgmail
    @tdreamgmail 3 дні тому

    Great Video! What's your workout routine like?

  • @minhnhatle2708
    @minhnhatle2708 3 дні тому

    wow! thanks! although i do not learn and take no interests in finance and things like that :)), but well u have a cool video and i love the explanation.

  • @colincross4083
    @colincross4083 3 дні тому

    Always love the videos Matt! Getting ready for FT recruitment would love to hear a video on how you got the math portion of the case down for MBB

    • @matthuang21
      @matthuang21 День тому

      Hey Colin! Thanks for the rec!

  • @antonfinenko6238
    @antonfinenko6238 3 дні тому

    You've nailed the academic case interview. But what do strategy teams at Google do? Google has not done anything groundbreaking for years.

  • @joydeepsarkar8879
    @joydeepsarkar8879 3 дні тому

    Hey, sir I am an average Indian student, not from any elite institution, having profile like 88/85/89 in 10th and 12th and graduation, preparing for the cat from last 2years ,(basically 2years of gap) and a non- tech background, sir with all these I always dreamt of getting into consulting, is it any way possible sir?

    • @matthuang21
      @matthuang21 3 дні тому

      You don't need to have a technical background for strategy consulting, but you might need to get into a top MBA program so that you can improve your recruiting chances for consulting firms.

  • @skhgendenjamts4715
    @skhgendenjamts4715 3 дні тому

    Thanks for such a great video, very good base road map to understand concepts of the business but probably they would ask more specific complex questions, therefore CFA is the best with BA degree to qualify for such interviews ( in my opinion)😀

  • @ps-co3ip
    @ps-co3ip 3 дні тому

    Really love your energy and how you structure your framework ❤

  • @michaellin4092
    @michaellin4092 3 дні тому

    This white board videos is very Sam’s Ovensique. Would love to chat sometime soon man! You seem like a very knowledgeable and considerate guy! Keep it up

    • @matthuang21
      @matthuang21 3 дні тому

      Thanks Michael! I'm flattered to be compared to Sam Ovens. Shoot me a note at the email in my bio and we can find a time to chat.

  • @Sejal27
    @Sejal27 3 дні тому

    Realising that management consulting is probably one of my career prospects now, thank you!

  • @BeingRealwithMrslewis
    @BeingRealwithMrslewis 4 дні тому

    Bravo👌

  • @MinjuJeong-go2hv
    @MinjuJeong-go2hv 4 дні тому

    Hey Matt, how long is the 1 on 1 coaching call?

  • @sameer5884
    @sameer5884 4 дні тому

    Damn mann so much quality ❤ Keep them coming Loving the detailed videos on this channel

    • @matthuang21
      @matthuang21 3 дні тому

      Hey Sameer! So glad you are finding these helpful

  • @dchkdiaries
    @dchkdiaries 4 дні тому

    I like the framework a lot but it seems not centric to the case (that goes against the idea of actually giving you a case here) e.g. it has to be a new market if the case already is saying that the product aim to capture the (new) trend away high sugar/calories drinks. These assumptions showcase business acumen and common sense, which the interviewer would like to assess too. I would focus more on competition, then start to elaborate what factor you will consider, like who's already in the market, any reference from other countries with similar product, if other peers are also working on this category, what can we differentiate, eg taste, region, distribution channels, etc. After all, we all know soft drinks industry is very very competitive.

  • @ocean7991
    @ocean7991 4 дні тому

    Great video.

  • @rangho10
    @rangho10 4 дні тому

    This video is so perfect Matt! I often find the biggest fear people have in case interviews is making the wrong estimate. But your walkthrough broke it down so well, where your evaluation is judged more so on the reasonable assumptions/possible past learnings through which you developed the estimates, rather than the actual value. A piece of information is discrete (like a stat, or population number), but a problem-solving framework is re-creatable, and displays your ability of getting to that discrete information, and utilizing it correctly. So more so analysis focused than a general knowledge test.

    • @matthuang21
      @matthuang21 3 дні тому

      Couldn’t have said it better myself!

  • @JaviWhoChannel
    @JaviWhoChannel 4 дні тому

    this was nice bro thank you

  • @anuragray2323
    @anuragray2323 4 дні тому

    I don't know what we did to deserve such high quality content at zero cost but appreciate it hugely! Thanks as always Matt!

    • @matthuang21
      @matthuang21 3 дні тому

      I appreciate that! Thanks for dropping by

  • @Kanishk_Upadhyay_
    @Kanishk_Upadhyay_ 4 дні тому

    You're doing really good work man, being an MBA student in India it is helping me a lot, keep up the good work brother.

  • @judyvsworld
    @judyvsworld 4 дні тому

    10k soon !!

  • @sba_southafrica
    @sba_southafrica 4 дні тому

    Smart guy 👍

  • @huseyinuygarbagryank8238
    @huseyinuygarbagryank8238 4 дні тому

    1- Good content, thanks. 2 - You are definitely cooked if you cannot directly sort out the answer in quant side of this case. It was, unfortunately, too easy...

  • @artificiyal
    @artificiyal 4 дні тому

    more math heavy cases pls

    • @matthuang21
      @matthuang21 4 дні тому

      will add it to my upcoming video ideas

  • @viratvishwanadhula4010
    @viratvishwanadhula4010 4 дні тому

    matt! these are amazing, please keep on making them

    • @matthuang21
      @matthuang21 4 дні тому

      Hey Virat! So glad to hear you're finding these valuable

  • @NamPham15019
    @NamPham15019 4 дні тому

    Thanks Matt, i absolutely love this white board series. Quick question, do you have any framework for general business operation cases? And how about IT consulting cases. What do you think about it? ❤

    • @matthuang21
      @matthuang21 3 дні тому

      It’s a bit hard for me to answer without specific examples but I think many strategy frameworks can work for business ops cases

  • @joshyjosh711
    @joshyjosh711 4 дні тому

    Thanks man! These detailed explanations are awesome. I appreciate the way you break it down to make it easily understandable.

    • @matthuang21
      @matthuang21 4 дні тому

      Hey Josh! Thanks for the kind words - I appreciate you stopping by!

  • @hridayranade8436
    @hridayranade8436 4 дні тому

    Matt, your video’s are extremely helpful. Thank you!

    • @matthuang21
      @matthuang21 4 дні тому

      Glad to hear you are finding them useful!