Title Wharton-Casebook-2017.pdf ✅

KNOWLEDGE FOR ACTION Wharton Consulting Club Casebook 2017
KNOWLEDGE FOR ACTION Note to the Reader Dear Consulting Club Member, This casebook is meant to provide you with a brief overview of consulting recruiting and interview preparation as well as a number of practice cases. Please note that this is meant to supplement the excellent work done by our and other schools in earlier casebooks, so we strongly encourage you to not make this your sole reference. Good luck! - 2017 Wharton Consulting Casebook Editorial Team Wharton Casebook 2017 2
KNOWLEDGE FOR ACTION Industry Overview – Management Consulting Management consulting involves solving complex business problems and offering recommendations to companies Overview of management consulting • Problem-solve complex and unstructured • Work closely with senior management on the client side • Intellectually stimulating work and ability to build a strong set of skills • Constant travel (depending on office location and consulting firm) can pose significant challenges • Industry (prior to economic downturn) was expected to grow at 8.8% in 2009 • Most firms have a global presence and offer international project opportunities Interview Process • Case interview – involves solving a business case; candidate expected to drive towards a solution and ask for relevant data; focus on structure • Fit interview – numerous behavioral questions focusing on prior experiences Typical Career Path • Consultant/Associate • Senior Consultant/Associate • Manager/Project Leader • Partner Wharton Casebook 2017 3
KNOWLEDGE FOR ACTION Process You should • Wait in hospitality suite with other candidates / recruiters • Interviewer asks for you by name • Handshake / greeting • Walk to interview suite / small talk • Interviewer may give personal background • Questions about resume / experience • Interviewer will start case • Keep track of time so that you by when you are expected to reach a conclusion • Your chance to ask questions • Walk back to hospitality suite with interviewer • Appear warm, confident, professional • Convince interviewer that you are fit for the firm • Pass the “airport test” • Maintain confident, controlled, upbeat demeanor • Not ask stock questions • A good chance to get to learn about the interviewer’s personal experiences at the firm Meet & Greet The Fit The Case Wrap-up A Typical Consulting Interview Wharton Casebook 2017 4