OFFICE OF CAREER SERVICES INTERVIEWS – CASE INTERVIEWING TIPS FOR MANAGEMENT CONSULTING What is a case interview? Case interviews are used by management consulting firms to measure your ability to deal creatively with complex and ambiguous business problems and determine how you employ structured thinking to reach logical and intelligent conclusions. Firms want to know how you identify, organize, and approach problems. Why do firms use case interviews as part of their hiring process? Case interviews allow you to demonstrate your skills as they relate to a career in management consulting. The case study allows consistent evaluation of candidates, as it does not favor any particular background or educational experience. The case interview allows the firm to see how you think about business problems and if you are able to reach a well-supported and logical conclusion. The case interview also allows the firm to assess your ability to attack a problem with a logical structure and an intelligent approach. Finally, the case interview also measures your communication skills and may be used as an indicator to demonstrate how you will be perceived by clients. Practicing with friends and colleagues is ideal as is practicing early. If you are unfamiliar with the case interview, begin preparing when you decide to interview with management consulting firms. View the case interview as an opportunity to show off your skills, as they relate to the type of support the firm delivers to clients. Case interview tips: o Practice. There are many resources to help you practice case interviews. See Additional Resources section for a list of practice materials offered by OCS. o Listen to the case problem carefully. Take careful notes, ask questions, and be sure you answer the question(s) that are being asked by the interviewer. Before you begin analyzing the case, it is critical to first paraphrase the question to the interviewer to confirm your understanding of the problem and case objectives. o Begin by setting a plan. If you need a minute or two to collect your thoughts, do so. You should also think of three to five sub-questions that you need to ask before you can address the overall problem. o Create a framework. This will guide you through your thought process and help keep you on track. Remember to keep a broad framework so that you don’t hit a dead end. o Stay organized. When discussing a specific point, keep in mind the reason you are discussing it and how it fits into your initial framework. o Think out loud. Communicate your train of thought clearly. Even if you have considered, but rejected, some alternatives, tell the interviewer what they were and why you rejected them. The interviewer is looking as much for evidence of a logical thought process as for a solution to the case. OFFICE OF CAREER SERVICES o Ask for additional information as you go. The case interview is meant to be interactive, so feel free to seek out applicable data. Be sure the information is pertinent and the interviewer knows why you might consider it. INTERVIEW TYPES Screening Interview: The screening interview does just that—screen out candidates whose qualifications o meet Listenthe carefully to the interviewer. Information given byconducted an interviewer during the case interview don’t job specifications. The first interview is typically by a human resources might be given to help you along a path. Listen carefully and follow the interviewer’s lead, professional and will probably focus more on your resume and qualifications than anything else. especially in times where you Screening interviews mayare be stuck. conducted in person, by telephone, or by video conferencing (see Telephone Interview and Video or Skype Interview sections). o Don’t focus on “nailing the case.” It is far more important that you demonstrate a logical thought process and structured analysis than to simply arrive at a case solution. Articulate your skills and what you accomplished at each previous job experience. o Use your business experience and common sense. Your experience and insight are key items to Second Interview: Second roundyour interviews are often moreinterview. difficult toBe prepare for their purpose help you logically navigate way through the case mindful ofbecause the resources required is more subtle—to determine which candidates will best "fit" with the company. Second interviews may for the solution you are suggesting. be comprised of behavioral and competency-based questions (see Behavioral Interview and Competencyo Establish with the interviewer. based Interview rapport sections). o Relax and enjoy. You think of the interviewer as your collaborator in this exercise. Pretend Ask questions about theshould work environment. this is a real client that you need toand explore and solve. Use your personal arsenal of skills This stage may alsosituation include reference checks testing. and experience to help you along the way. Case Study Interview: Consulting firms and certain financial institutions may include a case study or word problem based on a real-life or simulated consulting situation as part of their interview process. In Common mistakes: this instance, the interviewer will present you with a case study and ask how you would approach and solve the dilemma at hand. The interviewer is simply trying to determine your analytical abilities through o interview Not understanding the original question. Heading down the wrong path or deviating from the this method, so try not to get flustered! original question posed in the case. o You can usually ask relevant questions in your efforts. Proceeding with the case in a random manner. Failing to identify the major points that need to be There are a number of online and hardcopy resources available through the Office of Career addressed, or simply dancing from one issue to another without outlining the approach. Services to help you prepare for these types of interviews. It is also imperative to be part of a student study group and practice together since these interviews o Asking too many questions. While it is important to ask vital questions to approach the problem, are very demanding. asking superfluous questions without letting the interviewer know the reason for such questions should be avoided. Behavioral Interview: In these interviews, the interviewer will ask you to talk about a real situation you’ve encountered and your response to that situation. A sample question could include, “Tell me of an o Failing to present a clear point of view. It is common to run out of time. Be sure to emphasize a incident when you failed,” instead of a hypothetical question such as “How you would handle a mistake or point of view based on your ending point. failure?” The employer assumes this will be a good indicator of how you would handle situations in the future. o Not asking for help. If you get stuck, ask for help. This is an interactive experience. Asking for help in tough spots might just get you to an effective conclusion. Additionally, this will demonstrate that Stay calm and answer as won’t completely as you can, problems using the SAR formula as your guide: you are willing to workthe on question a team and attempt to solve by yourself. o S – What was the situation or problem that you were presented with? o A – What action did you take? (Specifically highlight the skills used.) o R – What were the results of your actions? (Be specific and quantify results when possible.) Before the interview: practice, practice, practice! OFFICE OF CAREER SERVICES Preparation o Know the firm o Know your resume o Know the consulting industry o Be able to clearly articulate your interest in consulting o ReadInterview: the newspapers Screening The screening interview does just that—screen out candidates whose qualifications don’t meet the job specifications. The first interview is typically conducted by a human resources professional Enthusiasmand will probably focus more on your resume and qualifications than anything else. Screening interviews may be shows conducted in person, telephone, or by video conferencing (see Telephone o Enthusiasm in practice through in the by interview Interview and Video or Skype Interview sections). Confidence o Practice will increase your comfort level in the interview Articulate your skills and what you accomplished at each previous job experience. o Practice will improve your ability to think under pressure INTERVIEW TYPES Second Interview: Second round interviews are often more difficult to prepare for because their purpose is more subtle—to determine which candidates will best "fit" with the company. Second interviews may Additional Resources at OCS be comprised of behavioral and competency-based questions (see Behavioral Interview and Competency*Resources are available online through the OCS Resources page and/or in hardcopy in the OCS based Interview sections). office. Ask questions about the work environment. o Case in Point Complete Case Interview Preparation (hardcopy) This stage may also include reference checks and testing. o Vault Guide to the Case Interview (online and hardcopy) o Study Vault Case Interview Practicefirms Guides and 2 (online) Case Interview: Consulting and1 certain financial institutions may include a case study or o WetFeet “Ace Your Case” Series: word problem based on a real-life or simulated consulting situation as part of their interview process. In the Consulting Interviews (online and hardcopy) this instance, interviewer will present you with a case study and ask how you would approach and Mastering theThe Caseinterviewer Interview (online and hardcopy) solve the dilemma at hand. is simply trying to determine your analytical abilities through this interview method, so tryQuestions not to get (online flustered! Market-Sizing and hardcopy) Business Strategy Questions (online) YoucanBusiness usually ask relevant questions your efforts. Operations Questionsin(online) o There areCasebook: a number of online and hardcopy resources available through the Office of Career Wharton 2005-2006 Edition Services to help you prepare for these types of interviews. o “Get Off My Case!”: Consulting Club Interview Prep Guide – 2001-2002 It is also imperative to be part of a student study group and practice together since these interviews o are Thevery Harvard Business School Guide to Careers in Management Consulting demanding. o Management Consulting: A Complete Guide to the Industry o “CrackInterview: the Case”In workshops Behavioral these interviews, the interviewer will ask you to talk about a real situation you’ve encountered and your response to that situation. A sample question could include, “Tell me of an incident when you failed,” instead of a hypothetical question such as “How you would handle a mistake or failure?” The employer assumes this will be a good indicator of how you would handle situations in the future. Stay calm and answer the question as completely as you can, using the SAR formula as your guide: o S – What was the situation or problem that you were presented with? o A – What action did you take? (Specifically highlight the skills used.) o R – What were the results of your actions? (Be specific and quantify results when possible.) Cases give you the opportunity to demonstrate four critical skills: Listen as the case is given to you and take notes Be sure you know what the actual question/problem is Confirm that you clearly understand the case by repeating relevant information to the interviewer Listen carefully and remember that the case should be a conversation, not a monologue Speak clearly and concisely Support and defend your points Don’t get flustered; even if you get off on the wrong foot, you can still come back with a strong ending Be sure to listen to your interviewer—they may offer you clues to try to help out Figure out which facts you have and which ones you don’t Ask clarifying questions Determine your response structure up front Perform the appropriate calculations/ analysis Use of a Framework Use a framework as a checklist of areas to investigate within the case A framework is a tool, not the solution Be sure your interviewer can follow your logic Think out loud so the interviewer hears your analysis Build a sequence to your solution that addresses the key questions/issues Cover as much ground as you can, realizing you probably can’t cover everything in 30 minutes Updated 8/16 Office of Career Services | 420 West 118 Street, Room 420, New York, NY 10027 212-854-4613 | Fax 212-854-6190 | [email protected] | sipa.columbia.edu/ocs
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