| Topic Name: |
preparation for case interview |
| Message Name: |
P&L, P&L, P&L |
| Date Posted: |
03/23/2001 |
| In Reply To: |
As someone who successfully navigated the case interview system without the benefit of an MBA or ANY business background, here's my advice... Don't try to study too much basic econ/stats/marketing strategy. It's way too much of an investment for what you really need for interviews. In reality, cases are just common sense. It's helpful to know the frameworks (Porter's 5 Forces, 3/4 C's, 4 P's) which you can get from any case interview guide (try Vault's, or look up "case interview" on a search engine... you'll get lots of hits). However, don't be a slave to frameworks, since they rarely will help solve the entire case.
Try to get some of HBS's or Wharton's case study guides, and try out the sample cases on McKinsey's, BCG's, or other MC's sites. And definitely practice with people who have gone through the system.
Good luck! |
| Message: |
and above all else, know your profitability stuff cold. "X company is losing profits. what's happening?" be able to step through every element of a P&L sheet, every profit variable and cost variable. my experience is that 60-75% of all case interviews hinge on this sort of problem.
|
|
