Just passed it 👍🏼 Declined the offer, got a new offer with a 5% raise. Declined again and did again the case study test for the senior position, passed and now signed the contract with a additional 12% raise 👋🏼 +17% more from first offer
Thanks a lot @Ziad for unwinding the consulting frameworks in an easy & digestable format. Highly appreciate the way your elaborated on basics of it. However, I am sure, as you also spoke, practise is going to be our best bet bcos honestly, real world consulting interviews are not so easy & straight-forward rather can get complex as it is moving forward. As many of the consulting interviews are interviewer-led, they can change the trajectory of case anytime to make it more complex or calculation-driven. Consequently you might arrive on wrong or undesired recommendations; leading to rejection. Anyway, big thanks for putting this together. I enjoyed it.
You can't use standard frameworks for final round interviews. What impressed my BCG interviewer was that I could create a framework that's not in any book or guide.
@@sunrevolver Suppose your client is a restaurant looking to improve its food. There is no set framework for this, so you'd have to think about how to structure the problem MECE. One potential framework is process-driven, where you structure the problem linearly: Before the meal: - How does the food look and smell? How's it plated? Are the menus easy to understand, and are the descriptions accurate? During the meal: - How does the food taste? After the meal: - Is the food healthy? - How easily does the food digest? Another framework is more conceptual, where you consider key elements of the problem, but might be less MECE in this situation: Health: Is the food healthy? Taste: How does the food taste? Value: Is the food cheap for what you're offering? You just have to practice making frameworks for all kinds of situations, not just business problems.
@@jollyholly2851 To address the client's need for improving food quality, we should focus on three key areas: 1. Skilled Chef: - Assess the current culinary team's expertise. - Provide training or hire a chef with a proven track record in flavor and presentation. 2. High-Quality Ingredients: - Source fresh, premium ingredients. - Establish relationships with reliable suppliers for consistency. 3. Hygienic Cooking Environment: - Ensure the kitchen meets high cleanliness standards. - Invest in modern equipment to enhance cooking efficiency and safety. By focusing on these aspects, we can enhance the overall taste and quality of the food.
Nice video Ziad! Really helpful during these stressful interview periods. To be able to practice alone I've been trying to create a ChatGPT customization as it sometimes can be hard to find a partner. However, I don't know the quality of the GPT and I was wondering if you could see how well it mirrors real interviews :)
Market share doesn't equal investment recovery. In the second example given one has to assess the potential EBITDA on that share of the market to judge the pay back. At 20 per cent and at discounting not so lucrative an example after all :)
no you shouldnt use EBITDA. It should always be about FCFF or FCFE discounted by the risk adjusted discount rate! A lot of consultants (i would wager nearly all) do all the fundamentals wrong. I dont care how pretty your structure or how neat you sound. The content is usually way off and doesn't make sense in reality.
@SSSS7-p8f absolutely agreed, given a cash projection's in place. If one's looking at a pure P&L I'd still go for EBITDA as the closest approximation of a CF for the purposes of judging the payback. Problem's, at least in my practice, that you've got to almost intimidate people into having at least an abridged set of projections for all three documents. And then they have an "oh" moment when looking at a complete picture 🤷🏻♂️ Not a consultant by the way, tried that for a year. Didn't like it. Precisely because of them pretending to be experts in areas for which they have no damn clue 🫠
Why are you measuring break even with the amount of years that cost can be paid off by revenue? I thought we should find profit instead of revenue to measure that?
@ Ziad Thanks for this brief video, I've a McK first round interview next month around 3rd week of August. Any specific tips you would like to give for preparation and also for the interview day wrt McK?
Watching this 50mins before my final interview/ case study
Just passed it 👍🏼
Declined the offer, got a new offer with a 5% raise. Declined again and did again the case study test for the senior position, passed and now signed the contract with a additional 12% raise 👋🏼
+17% more from first offer
@@xMahes In your dreams
@@BaronUltimo no it’s reality bro :*
@@xMahes Damn bro. I also have an interview scheduled in 1 hour to 2 hours.
i have less than a week to my interview. this video is a gem! U ROCK!!! THANK YOU!!
Good luck
How did it go man, I am in the same spot
Thanks a lot @Ziad for unwinding the consulting frameworks in an easy & digestable format. Highly appreciate the way your elaborated on basics of it. However, I am sure, as you also spoke, practise is going to be our best bet bcos honestly, real world consulting interviews are not so easy & straight-forward rather can get complex as it is moving forward. As many of the consulting interviews are interviewer-led, they can change the trajectory of case anytime to make it more complex or calculation-driven. Consequently you might arrive on wrong or undesired recommendations; leading to rejection. Anyway, big thanks for putting this together. I enjoyed it.
underrated video!! Thanks Ziad! this was extremely helpful!
I love how you're saying bottomS up approach 🤣 One of the best framework videos out there thanks so much!!!!!
I watched this again and again! Still useful. This is GOLD
Crazy how much I learned and how good it is explained, thank you!
What an explanation!! Crisp and clear information
You can't use standard frameworks for final round interviews. What impressed my BCG interviewer was that I could create a framework that's not in any book or guide.
Can you give an example ?
Curious to know as well
@@sunrevolver Suppose your client is a restaurant looking to improve its food. There is no set framework for this, so you'd have to think about how to structure the problem MECE.
One potential framework is process-driven, where you structure the problem linearly:
Before the meal:
- How does the food look and smell? How's it plated? Are the menus easy to understand, and are the descriptions accurate?
During the meal:
- How does the food taste?
After the meal:
- Is the food healthy?
- How easily does the food digest?
Another framework is more conceptual, where you consider key elements of the problem, but might be less MECE in this situation:
Health: Is the food healthy?
Taste: How does the food taste?
Value: Is the food cheap for what you're offering?
You just have to practice making frameworks for all kinds of situations, not just business problems.
@@jollyholly2851 thanks!
@@jollyholly2851 To address the client's need for improving food quality, we should focus on three key areas:
1. Skilled Chef:
- Assess the current culinary team's expertise.
- Provide training or hire a chef with a proven track record in flavor and presentation.
2. High-Quality Ingredients:
- Source fresh, premium ingredients.
- Establish relationships with reliable suppliers for consistency.
3. Hygienic Cooking Environment:
- Ensure the kitchen meets high cleanliness standards.
- Invest in modern equipment to enhance cooking efficiency and safety.
By focusing on these aspects, we can enhance the overall taste and quality of the food.
After watching this, i feel much better about the consulting case interview! This is awesome
Fantastic video! Great help as an introduction to Case Interviews. Thank you!
Thank you!!! Very helpful!!
thank you! your video helps me a lot!
as another viewer said, this is gold! thanks. could you do a video on consulting math, please?😊🌅
Such an organised piece of Information! Thank you so much
Amazing as usual
I did learn a lot from your videos
Thank you so much
Please keep updating us
this video is a hidden gem
Fantastic video, thank you Ziad!!
very simple and valuable
Thank you, it's beautiful!
This video Is a gem
Thank you so much for sharing! Great advice for anyone looking into consulting!
Great videao! It is really helpful for someone like me who has no idea about case interviews.
Thats a really nice and compact video !
Great video! 🔥
Thank you , it was very useful!
Thank you for the information 🙏 how can I find example cases to solve for practice? I have a case interview for a sales manager position ☺️
Nice video Ziad! Really helpful during these stressful interview periods. To be able to practice alone I've been trying to create a ChatGPT customization as it sometimes can be hard to find a partner. However, I don't know the quality of the GPT and I was wondering if you could see how well it mirrors real interviews :)
can you please share
This is nice info!!
Great video,
Super informative
Thanks !
It's great video... just the maths didn't add up in the US online student case.
Wonderful, succinct video to serve as an introduction - thanks!
Very well sum up, can we get a detailed case study?
Market share doesn't equal investment recovery. In the second example given one has to assess the potential EBITDA on that share of the market to judge the pay back. At 20 per cent and at discounting not so lucrative an example after all :)
no you shouldnt use EBITDA. It should always be about FCFF or FCFE discounted by the risk adjusted discount rate!
A lot of consultants (i would wager nearly all) do all the fundamentals wrong. I dont care how pretty your structure or how neat you sound. The content is usually way off and doesn't make sense in reality.
@SSSS7-p8f absolutely agreed, given a cash projection's in place. If one's looking at a pure P&L I'd still go for EBITDA as the closest approximation of a CF for the purposes of judging the payback. Problem's, at least in my practice, that you've got to almost intimidate people into having at least an abridged set of projections for all three documents. And then they have an "oh" moment when looking at a complete picture 🤷🏻♂️
Not a consultant by the way, tried that for a year. Didn't like it. Precisely because of them pretending to be experts in areas for which they have no damn clue 🫠
Amazing video
Great content, Ziad
I have a q
Its a great video !
Thank you! I have interview at Accenture next week! Hope i will get it!
They asked me excel questions. So i didnt get the job.. i prepared myself for a case study :(
@@ceren6778 keep your head up bro, you got the next one
@@ceren6778 what do you mean by excel questions? they wanted to see your excel competence?
Why are you measuring break even with the amount of years that cost can be paid off by revenue? I thought we should find profit instead of revenue to measure that?
Exactly my thoughts
Where can I get the best consulting interview cases for free? Thanks, this was truly helpful!
Thank you so much, great video!!
Can you help people with this ? Like do you offer coaching etc ?
Hello yes I do! Feel free to check out my Stan Store in the descriptions or in my bio.
Good
@ Ziad Thanks for this brief video, I've a McK first round interview next month around 3rd week of August. Any specific tips you would like to give for preparation and also for the interview day wrt McK?
Harvard business school admit xD
Man's got potential
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