Case Interview Secrets audiobook cover - A Former McKinsey Interviewer Reveals How to Get Multiple Job Offers in Consulting
Theme Song

Case Interview Secrets

A Former McKinsey Interviewer Reveals How to Get Multiple Job Offers in Consulting

Victor Cheng

3.8 / 5(83 ratings)
Categories:

If You're Curious About These Questions...

You should listen to this audiobook

Listen to Case Interview Secrets — Free Audiobook

Loading player...

Key Takeaways from Case Interview Secrets

Learning Tools

Reinforce what you learned from Case Interview Secrets

Mind Map

Case Interview Secrets
Quantitative Questions+
Big-Picture Estimations+
Interview Mindset+
Qualitative Frameworks+

Quiz — Test Your Understanding

Question 1 of 7
Why is it essential for even highly educated candidates, such as those with PhDs in physics, to practice arithmetic drills for case interviews?
  • A. To learn the complex mathematical formulas specifically required by consulting firms.
  • B. To improve the speed and confidence needed to answer questions quickly.
  • C. To unlearn academic mathematics and focus entirely on corporate accounting principles.
  • D. To memorize the exact numerical answers to standard consulting questions.
Question 2 of 7
When making rough estimates during a computational question, what technique does the author recommend to keep the approximation accurate?
  • A. Always round all numbers down to the nearest ten to ensure conservative estimates.
  • B. Round numbers in opposite directions to counterbalance the changes.
  • C. Break percentages down into exact 10 percent and 1 percent increments.
  • D. Ignore decimals and focus only on the largest whole numbers.
Question 3 of 7
What is the primary purpose of asking a candidate to determine a product's market size (e.g., how many hamburgers are sold at a drive-thru)?
  • A. To see how the candidate approaches the problem using proxies.
  • B. To test the candidate's prior knowledge of specific industries.
  • C. To determine if the candidate can calculate the exact correct answer.
  • D. To evaluate the candidate's ability to use advanced calculus under pressure.
Question 4 of 7
Why might an interviewer act aggressively and constantly ask you to make obscure estimations during a case interview?
  • A. To see if you will back down from a flawed hypothesis under pressure.
  • B. To test your ability to work with difficult colleagues within the firm.
  • C. To simulate the behavior of actual consulting clients.
  • D. To intentionally make you nervous to see if you will quit the interview.
Question 5 of 7
According to the book, why is emanating confidence just as important as demonstrating strong analytical skills?
  • A. Confident consultants are historically able to charge higher hourly rates.
  • B. Clients will not trust pivotal recommendations from a nervous or fidgety consultant.
  • C. Confidence allows you to skip the quantitative analysis and rely purely on intuition.
  • D. Interviewers are trained to automatically fail anyone who asks for clarification.
Question 6 of 7
Which framework should you use to break down a business quantitatively to find the core of a financial problem, such as why a company is losing money?
  • A. The Business Situation Framework
  • B. The Proxy Estimation Framework
  • C. The Organizational Structure Framework
  • D. The Profitability Framework
Question 7 of 7
After discovering mathematically WHERE a financial problem lies, what does the Business Situation Framework help you uncover?
  • A. The exact mathematical formula needed to calculate future revenue.
  • B. The qualitative reasons WHY the problem exists by analyzing customers, product, company, and competition.
  • C. The fixed and variable costs associated with producing a single unit of a product.
  • D. The historical stock market performance of the client's main competitors.

Case Interview Secrets — Full Chapter Overview

Case Interview Secrets Summary & Overview

Case Interview Secrets (2013) is a practical guide to nailing your interview at a big consultancy, such as Boston Consulting Group, McKinsey or Bain and Company. These blinks offer a crash course on the questions you’ll be asked and how you should answer them.

Who Should Listen to Case Interview Secrets?

  • Anyone aspiring to be a consultant
  • People in all professions hoping to boost their brainpower
  • Any reader interested in what consultants actually do

About the Author: Victor Cheng

Victor Cheng is a former McKinsey interviewer and consultant who has helped countless aspiring consultants prepare for their case interviews via www.caseinterview.com.

🎧
Listen in the AppOffline playback & background play
Get App
Case Interview SecretsTheme Song
NOW PLAYING
Case Interview Secrets

Case Interview Secrets

Theme Song
0:000:00