Smart, targeted practice can cut your prep time in half while also making you a better caser. Start by watching an expert conquer the case, and then begin practicing yourself.Watch Video
There’s only one proven way to land consulting offers: practice, practice, practice. And nothing beats working with sample cases for you to sharpen and hone your skills. But where do you find real-world, up-to-date cases to practice on? 10-year old case books? We don’t think so.
Here at Management Consulted, we’ve compiled some free practice cases for you to work through. We even worked through one ourselves, and recorded it for your viewing pleasure. Nothing quite beats seeing 2 former MBB consultants walk through a tough case firsthand. So sit back, relax (but not too much!), and get out a pen and paper. Pay special attention to how Lisa structures her answers, verbally walks through her process and math, and then drives to a final recommendation.
Remember, a case interview isn’t about getting the answer right as much as it is about showing the interviewer that you can think like a consultant.
Looking for more practice? We’ve got tons and tons of free material on how to ace your case interview, as well as the questions below. When you’ve worked through 5 cases on your own, you’re ready for expert coaching. Most candidates require at least 8 hours of expert coaching to be fully prepared for a case interview.
This is the most basic type of question you’ll see in a case interview. We’ve never met an MBB or Big 4 consultant who couldn’t do a Market Sizing case in their sleep. Market Sizing questions test your ability to ask relevant questions, make reasonable assumptions, have a coherent thought process you can communicate verbally, and come to a numerical answer at the end of it all. Need more practice after seeing Lisa size the Iced Coffee market?
Profitability is the name of the game when it comes to consulting projects. Bottom line: you’ve been hired to increase your client’s, well, bottom line. The purpose of a profitability case? So the firm can see if you know how to get to the root of an issue, isolate the problem area, and provide clarity and prioritization for decision-making.
“The City of New York is considering shifting their parking meters from coin-operated to digital. Is this a good idea and why or why not?” Click here to see how to solve this problem.
Market Study questions will be presented to you in 3 different forms:
These questions are a little more advanced, as they first require you to figure out which kind of problem you’re solving. Firms use Market Study cases to test how well you can analyze case problems when set in a context of the larger market. After all, no client you’ll ever work for will be operate in a vacuum where you can focus on internal issues and ignore the rest. Revenue growth cases are extensions of profitability cases, but instead of focusing on price and volume to grow revenues, you’re looking at market forces instead. Click here for a more in-depth breakdown of Market Study cases.
M&A cases are the toughest of them all. Why? They include market sizing, market study, and profitability concepts, with lots of case math thrown in for good measure. Be encouraged! If you see an M&A case in your interview, it’s most probably the last case you’ll see.