Premium Essay

Consulting Case Interview Sample

In:

Submitted By hyorin91
Words 3230
Pages 13
Case Interview - Sample Questions
2010년 3월 24일 수요일

[1]
Practice Case 50: Shelling shrimp
(Mckinsey - Round 3)
This short problem aims at giving you idea about the difficulty level of numerical questions you will have at McKinsey final interviews. It is a part of a 45-minute case. I got it somewhere in the middle of the case.

Get a timer. After your read the question you have one minute to solve the problem. In the interview you will have maybe 2 minutes but you should be able to solve it in 1 minute to be able to solve it in interview setting in 2 minutes.

Currently, our client . shrimps restaurant . has a person who shells shrimp manually. The worker needs 15 minutes to set up his work space for shelling shrimps each day. Shelling shrimps is not his main task in the restaurant. It takes him 10 min to shell one pound of shrimps. His wage is $6 per hour.
It is possible to buy a machine for $3285 that automatically shells shrimps. Its useful life is 3 years. Setup time for the machine is 30 min each day. The same worker will serve this machine. The machine can process 60 pounds per hour. What is break-even volume of shrimps needed to be processed each day to justify the investment into the machine?

Solution:
Assume 365 working days. 3 years = 1095 days. Cost of machine per day =
3285/1095 = $3. So, we need to recover $3 per day. Now, (variable) cost of shelling per pound is $1. With the machine, this will be $0.1. So, we will save $0.9 variable cost per pound. But we get additional setup time of 15 min per day, i.e. 1.5$. I.e. we need to recover $3+$1.5 = $4.5. To recover $4.5 with $0.9 cost saving we need to process $4.5/0.9=5 pounds.

[2]
Practice Case 10: Orthopedics company
(BCG - Round 1)
I. Case scope provided by interviewer
Your client is the CEO of a US Orthopedics company (that manufactures and markets joints/shoulder/hip replacement

Similar Documents

Premium Essay

Interview

...Interview Workshop Q) What is an interview?? A) A formal meeting in person, especially one arranged for the assessment of the qualifications of an applicant. Q) And what is the purpose of an interview? A) Meet the employer in-person or by phone • Sell your strengths and skills as they relate to the employer and position. • Learn about the position and the employer. • Assess if the employer/position are a good fit for your career goals, values and needs. Effective interviewing is a skill that can be improved through preparation and practice. Oftentimes, individuals do not make the necessary preparations and then, when the interview is less-than-successful, dismiss the experience with the statement - "I am just not good at interviewing." So how can you make sure that you do not make this mistake?? * Practice interviewing – be prepared to answer questions on skills, interests, goals, etc. * Know questions you want to ask Research company prior to interview – Know who you will be meeting with and their position in the company • Arrive at least 15 minutes early. • Bring resume to the interview and portfolio/notepad. – No food, bags, gum, etc. It is very important to pay attention to small details on the Day of the Interview like:- • Speak positively about yourself and others. • Use body language to show interest. – Nod – Sit forward – Sit up straight – Smile And then reflect on the interview – What did I do well? – What could I prepare to answer...

Words: 1729 - Pages: 7

Premium Essay

Test

...Data Model. Objectives After completing this milestone, you should be able to: Understand and perform the techniques for entity discovery. Define each entity with respect to the business and complete an entity/definition matrix. Perform the necessary data modeling techniques to organize and document the data requirements for the proposed system. Construct the Context, Key-Based, and Fully Attributed data models. Prerequisites Before starting this milestone the following topics should be covered: 1. Data modeling – Chapter 8 2. Milestone 3 Solution Assignment In this assignment we will use our results of the previous milestones and transcripts of an interview with IT consultant Jeff Summers and receptionist/bookkeeper Kathy Grey, both of Coastline Systems Consulting. The results of this activity will identify the business data requirements for the proposed system. Exhibit 4.1 is a...

Words: 2656 - Pages: 11

Premium Essay

Paternity Leave

...on research from online and firsthand survey “Paternity Leave: Impacts on Male Careers”: The aim of this project is to explore the impacts and consequences of paternity leave on male career progression. Based on many surveys done by different universities from various countries it shows that male who have taken paternity leave do not face any disadvantages or discriminations in the workplace as they have only a slightly higher risk of unemployment and hardly any salary losses compared to equivalent academics without paternity leave periods. In this project we will also practice of paternity leave in various parts of the world comparing it to US as my experience is from US. Based on research from by various universities and conducted interviews with managers and executives of companies and organizations where fathers have already taken paternity leave. Through this organizational perspective on paternity leave I wanted to address the following research questions: 1. What kind of organizational practices are related to paternity leave? What kind of framework conditions and support structures are in place? 2. How do companies and organizations perceive the political instrument of paternity leave? Do companies and organizations mention any advantages and disadvantages of paternity leave usage? 3. What kind of organizational culture exists in these companies and organizations and how does this affect the usage and design of paternity leave? PATERNITY LEAVE DECISIONS AND ORGANIZATIONAL...

Words: 5403 - Pages: 22

Premium Essay

It460 U2 Assign

...Function and Organizations - This includes senior management, as well as existing groups with assigned personnel and, applicable objectives and missions associated with these groups. o SCR Training Records (2-months) - Shows training data with personnel contact information for past two month time period. o JAD Session Example - Outlines effective utilization and employment of JAD team members through correspondence and brainstorming of techniques and processes for efficiency honing. o Cost - Benefit Summary- Outlines potential impact associated with salaries, training, supplies and misc. in conjunction with earned revenue to establish baseline for potential profit achievements and ROI possibilities. o Sample of Questionnaire Results - Establishes sample questionnaire for students taking courses to include, top classes and applicable rating trends associated with classes achieved by instruction presenters from students. o [1]SCR Network (Fig 1) - Provides graphical representation of client/server infrastructure from executive to business administration personnel from an apparent top down approach. ▪ The forms library is constructed of most commonly utilized forms for quick access by employees. Such forms include: o Request for information services o...

Words: 1612 - Pages: 7

Free Essay

Guesstimates

...CONSULTING CLUB CASEBOOK 2004/2005 CASES Page 6 of 48 Copyright 2004, Do not copy or distribute without permission CONSULTING CLUB CASEBOOK 2004/2005 SOURCE / FIRM: DATE / CONTEXT: ISSUES COVERED: ISSUE/PROBLEM POSED: INFORMATION PROVIDED: SOLUTION: OTHER USEFUL TIPS: Page 9 of 48 BOOZ ALLEN HAMILTON 2nd round interview for summer internship 2004 Brainteaser Estimation How would you value a football (soccer) player? Business Case None I went around the houses a bit on this one. Identified sources of revenue for a football club including: Ticket revenue, Revenue from TV coverage, Sponsorship Merchandise sales (e.g. shirts) Talked around how to determine the contribution that an individual player makes to those revenue streams The final conclusion was that the best way to divide the portion of revenue related to the actual players (over their lifetime) between the team would be based on individual ratings (like those published for each player in the fantasy football league) Talked around valuation as the present value of future cash flows related to each player Open discussion with structure maintained through making notes and drawing tree diagrams was appreciated – used diagrams as prompt for directing discussions Copyright 2004, Do not copy or distribute without permission CONSULTING CLUB CASEBOOK 2004/2005 SOURCE / FIRM: DATE / CONTEXT: ISSUES COVERED: ISSUE/PROBLEM POSED: INFORMATION PROVIDED: SOLUTION: ...

Words: 16234 - Pages: 65

Free Essay

Diuleee Lomei

...Sample Proposals Typical Approach Proposals can vary a great deal, and we’ve provided examples that cover the range from formal contracts to informal letters of agreement. However, all were based upon previously-established conceptual agreement, and all provide a single fee for the project (or for each choice of yeses). The normal framework for the value pricing proposal should encompass this basic sequence: Situation Appraisal: Summarize and reconfirm the conceptual agreement concerning the condition to be improved and the desired state. Objectives: The outcomes expected, both tangible and intangible, quantifiable and non-quantifiable. These should be expressed in terms of impact on the client’s business, and sometimes are expressed again in the “values” category, if used. Value: Either clearly stated or implied through buyer conversations, what is the value of achieving the objectives. This sometimes appears in the “objectives” category. Metrics: How will the client evaluate success? What are the indicators that the objectives have been met? Simply stated: How would clients know it if they fell over it? Timing: Projects are finite. When do we begin, when do we end, and are there progress measures in between? Accountabilities: What is the client expected to provide (documents, access, administrative support) and what do we provide (focus group facilitation, product, reports)? What is the nature of the collaboration? Credentials (optional): Why is Zenger...

Words: 8927 - Pages: 36

Premium Essay

Marketing

...DARDEN CONSULTING CASE BOOK 2012-2013 EDITION TABLE OF CONTENTS 1. The Consulting Case Interview 1. Structure of the Case Interview 2. Frameworks 3. The Math 2. Company Overviews & Interview Processes 3. Practice Cases 1. 2. 3. 4. 5. 6. 7. Bike DVD Rental Service in NYC Dry Wall Competitive Threat Organ Donation Case Central Power Chemicals, Inc. Hospital Profitability Contact Lens Manufacturer Growth TABLE OF CONTENTS (CONT’D) 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. E-commerce in the Airline Industry Big Green Biofuels New Rubber Plant Investment Asian Mobile Service Provider Radiator Lens for Defense Aircraft Capital Investment for Utility Electric Car Manufacturer Growth Miner’s Dilemma Big Truck Company Auto Spare Parts Machine Company Non-Profit Revenue Decline Gas Liquefaction 4. Acknowledgements THE CONSULTING CASE INTERVIEW STRUCTURE OF THE CASE INTERVIEW The consulting case interview typically lasts between 20-30 minutes and consists of the following parts: • • • • • Case Overview / Prompt Clarifying Questions Structure / Framework Building & Explanation Problem Solving & Analysis Recommendation The interview should be highly conversational and interactive. Depending on the firm, and depending on the round, some interviews can be more structured than others. Please see the subsequent section for more information on firm-specific preferences and formats. STRUCTURE OF THE CASE INTERVIEW Case Overview / Prompt The case interview...

Words: 25171 - Pages: 101

Premium Essay

Cheng Secrets

...http://vk.com/caseogolics CASE INTERVIEW SECRETS A FORMER MCKINSEY INTERVIEWER REVEALS HOW TO GET MULTIPLE JOB OFFERS IN CONSULTING VICTOR CHENG Innovation Press Seattle This book and the information contained herein are for informative purposes only. The information in this book is distributed on an as-is basis, without warranty. The author makes no legal claims, express or implied, and the material is not meant to substitute legal or financial counsel. The author, publisher, and/or copyright holder assume no responsibility for the loss or damage caused or allegedly caused, directly or indirectly, by the use of information contained in this book. The author and publisher specifically disclaim any liability incurred from the use or application of the contents of this book. All rights reserved. No part of this book may be reproduced or transmitted in any form by any means, including electronic, mechanical, photocopy, recording, or otherwise, without the prior written permission of the publisher. Throughout this book, trademarked names are referenced. Rather than using a trademark symbol with every occurrence of a trademarked name, we state that we are using the names in an editorial fashion only and to the benefit of the trademark owner, with no intention of infringement of the trademark. Copyright © 2012 Victor Cheng All rights reserved. Published by Innovation Press 93 S. Jackson St., #75551, Seattle, WA 98104 ISBN 978-0-9841835-3-1 For Julia and the girls FREE BONUS...

Words: 71202 - Pages: 285

Premium Essay

Case Book

...Table of Contents WHAT IS CONSULTING? .................................................................................. 4 CONSULTING TRENDS AT FUQUA .................................................................................. 4 WHAT DO CONSULTANTS DELIVER? ............................................................................. 4 CHOOSING THE CONSULTING INDUSTRY AND A ROLE WITHIN IT ................ 5 WHY CONSULTING – PROS & CONS ............................................................................. 6 GAUGING THE CULTURE OF CONSULTING FIRMS........................................... 7 THE ROLE OF GEOGRAPHY .............................................................................. 8 THE MBA SUMMER INTERNSHIP EXPERIENCE................................................ 9 SOME AREAS ON WHICH TO FOCUS DURING THE INTERNSHIP ................... 10 TIME MANAGEMENT ............................................................................................... 10 ASSESSING THE FIT ............................................................................................... 10 MENTORING ........................................................................................................ 10 CLIENT FOCUS ..................................................................................................... 10 DEFINING THE INDUSTRY............................................................................. 10 THE NATURE OF THE WORK ...................................

Words: 11863 - Pages: 48

Premium Essay

Interview

...s Praise for How to Interview Like a Top MBA “A must read! As someone who has also recruited top MBA candidates for investment banking, I unequivocally recommend How to Interview Like a Top MBA. It does an exceptional job of explaining what recruiters at the most sought-after corporations look for when deciding whom they should hire. Easy to read and very well organized, Dr. Leanne’s book covers important aspects of the interview process and provides valuable anecdotes. Readers will find the ‘100 Tough Questions and How to Answer Them’ particularly useful. I wish I had had this book as a resource when I was interviewing for a job years ago.” —YAHPHEN YVONNE CHANG Columbia University and Oxford University graduate Vice President, Debt Capital Markets—Investment Banking Group BMO Nesbitt Burns Inc. “Dr. Leanne’s How to Interview Like a Top MBA has codified the nuances of landing a job in a way that I—a former recruiter for McKinsey & Co. who currently hires for my Venture Capital Firm and, at the Board Level, selects senior management in portfolio companies—find extremely compelling. I highly recommend How to Interview Like a Top MBA!” —DALE LEFEBVRE MIT graduate, Harvard Business School and Harvard Law School graduate Former McKinsey & Company Consultant Managing Partner, Pharos Capital This page intentionally left blank. HOW TO INTERVIEW LIKE A TOP MBA Job-Winning Strategies from Headhunters, Fortune 100 Recruiters, and Career Counselors DR. SHEL LEANNE ...

Words: 73977 - Pages: 296

Premium Essay

Careers in Management Consulting

...Careers in Management Consulting WetFeet Insider Guide 2005 Edition The WetFeet Research Methodology You hold in your hands a copy of the best-quality research available for job seekers. We have designed this Insider Guide to save you time doing your job research and to provide highly accurate information written precisely for the needs of the job-seeking public. (We also hope that you’ll enjoy reading it, because, believe it or not, the job search doesn’t have to be a pain in the neck.) Each WetFeet Insider Guide represents hundreds of hours of careful research and writing. We start with a review of the public information available. (Our writers are also experts in reading between the lines.) We augment this information with dozens of in-depth interviews of people who actually work for each company or industry we cover. And, although we keep the identity of the rank-and-file employees anonymous to encourage candor, we also interview the company’s recruiting staff extensively, to make sure that we give you, the reader, accurate information about recruiting, process, compensation, hiring targets, and so on. (WetFeet retains all editorial control of the product.) We also regularly survey our members and customers to learn about their experiences in the recruiting process. Finally, each Insider Guide goes through an editorial review and fact-checking process to make sure that the information and writing live up to our exacting standards before it goes out the door. Are we...

Words: 28500 - Pages: 114

Premium Essay

Case

...You hold in your hands a copy of the best-quality research available for job seekers. We have designed this Insider Guide to save you time doing your job research and to provide highly accurate information written precisely for the needs of the job-seeking public. (We also hope that you’ll enjoy reading it, because, believe it or not, the job search doesn’t have to be a pain in the neck.) Each WetFeet Insider Guide represents hundreds of hours of careful research and writing. We start with a review of the public information available. (Our writers are also experts in reading between the lines.) We augment this information with dozens of in-depth interviews of people who actually work for each company or industry we cover. And, although we keep the identity of the rank-and-file employees anonymous to encourage candor, we also interview the company’s recruiting staff extensively, to make sure that we give you, the reader, accurate information about recruiting, process, compensation, hiring targets, and so on. (WetFeet retains all editorial control of the product.) We also regularly survey our members and customers to learn about their experiences in the recruiting process. Finally, each Insider Guide goes through an editorial review and fact-checking process to make sure that the information and writing live up to our exacting standards before it goes out the door. Are we perfect? No—but we do believe that you’ll find our content to be the highest-quality content of its type available...

Words: 21838 - Pages: 88

Premium Essay

Drainflow: Repairing Jobs That Fail to Satisfy

...Repairing Jobs that Fail to Satisfy Contents Executive Summary 3 Introduction 3 Goal and Recommendations 3 Introduction 4 Background 4 Data Analysis 5 Job Structure and Organizational Design 5 Incentive Structure 6 Hiring Practices 7 Recommendations 7 Job Structure and Organizational Design 7 Incentive Structure 9 Hiring Practices 9 Strategy and Implementation 10 Conclusion 11 Appendix 12 1. Customer Survey 12 When Your Drain Won’t Go, Call DrainFlow 12 2. Original Survey 13 3. Sample Interview Questions for Interview Consistency 13 4. Financial Analysis 14 5. Current Process Map 15 6. Future Process Map 16 7. Current Org Structure 16 8. Proposed Org Structure 17 9. Peer to Peer Award Example 18 Executive Summary Introduction The report focuses on how DrainFlow can improve in three areas: job structure, incentive structure, and hiring practices. The main contents include an introduction to the problems DrainFlow is encountering, analyses of the current business, and recommendations on how DrainFlow can overcome these issues to foster a long-term competitive advantage. Goal and Recommendations The goal of this proposal is to provide recommendations for a new job structure, a new incentive structure, and new hiring practices. The job structure recommendations will allow for more cross training between office workers and service providers. This will enrich all jobs at DrainFlow by adding different tasks, autonomy...

Words: 5219 - Pages: 21

Premium Essay

Communication Audit

...EXECUTIVE SUMMARY This report was commissioned to examine the effectiveness of internal communication of a reputed consulting firm that has widespread reach on domains such as media intelligence, PR, consulting and training to undergraduate students. The research process included conducting in depth interviews with two of the department heads and also with a reporting subordinate. Other sources include organizational statements posted online and the behavioural aspects of employees as monitored before and during the interview process. The research draws attention to key findings that the organisation fosters open communication and there is a strong commitment from top management towards employees. The communication channels applied most frequently are informal, such as word-of-mouth and telephone coupled with a company intranet or emails which the employees can access. The dialogic communication has paved way for strong interpersonal relationships between the employees. While the firm’s operations are currently goal oriented, as the firm plans to enlarge its scale, operations will lean towards being process oriented. In such situations it will be difficult to sustain an informal communication structure and there will be a realization for a more formal communication structure. The report evaluates this range and concludes that even though the current communication practices in the organization are satisfactory, there is always a scope for improvement as there as in scenarios...

Words: 4023 - Pages: 17

Free Essay

Research Proposal North Bay Casino

...Research Proposal Proposed North Bay Casino: Community Perceptions ADMN-2136 Proposed North Bay Casino: Community Perceptions Introduction On May 17th , 2012, the city of North Bay accepted the proposal from the Ontario Lottery and Gaming Corporation to build a casino. The proposal has created differing opinions within the population. The research we would like to conduct will be analyzing the perspective of North Bay residents to discern critical factors that shape their overall impression of the topic. Socio-economic and public health sentiments are considerations used in the proposed analysis. The population`s knowledge of the coming event, recognized opportunities and benefits, perceived risks, and philosophical views are components contributing to our research. Casinos have both positive and negative implications for a community, and community attitudes are instrumental in their success rates. Research Problem A casino coming to North Bay has brought up some controversy, whether the public believes the casino would be beneficial or have a negative impact on the community. We will determine whether the residents of North Bay are opposed or supportive of this decision (Conrad, 2012). We will uncover the resident's opinion of this decision. We will be analyzing the general interpretation of North Bay's residents and if the casino will improve tourism for this area. This could be an exciting attraction and improve the social quality of the city. Additional...

Words: 4215 - Pages: 17