STRICTLY PRIVATE AND CONFIDENTIAL"
Yale Graduate Student Consulting Club (YGCC) Interview Bootcamp
Alice Qinhua Zhou All rights reserved.
www.yale.edu/consulting
Thank the following YGCC sponsors
GPSS!
You need to pass a long journey before getting the offer
Ability Attitude Communication Collaboration Personal Brand Personal Network
Resume and Cover letter
Problem Solving Test (PST)
Ability Communication
Interviews
One-on-one Presentation Group
Ability Attitude Communication Collaboration
3
Resume and cover letter presents proofs of your value
Value
Ability Attitude
Proof
GPA, Honors, Awards Resume presentation
Display
Professional format Use template Bulleted text Enrich experience
Communication Collaboration Personal Brand Personal Network Leadership Teamwork Big school, firm
Reposition past Result oriented Be specific Throw them the bones
McKinsey PST tests quantitative competence
60min multiple choice written test
Use promotional code: YGCCGURUS 30% discount on practice PST tests Go to club website http://www.yale.edu/consulting/McKinsey_PST.html
The journey will be tough, but you will not be alone.
Emotion Satisfaction
Optimism
Doubt
Realism
Confidence
Performance
Learn This Boot Camp brings you here Practice
Interviews
Time
YGCC will assist you throughout the journey
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The funny video includes most of the basic elements of case interview, mimicking real-life associate level consulting work
Collect background info Identify key question
MECE complete issue tree in the context Prioritize Hypothesize Analyze Right: dig deeper Buy in / Deliver results Manage reaction
10
Wrong: navigate to paralleled items
Break down problem MECE Mutually Exclusive, Collectively Exhaustive
Increase
What we can do with the price of a sandwich if we still want to sell it?
Remain the same Decrease
Increase
What we can do with the price of all the goods in stop & shop?
Remain the same Decrease Change the mix
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Engagement structure
Collect background info Identify key question
MECE complete issue tree in the context Prioritize Hypothesize Analyze Right: dig deeper Buy in / Deliver results Manage reaction
22
Wrong: navigate to paralleled items
Step 2.1: Prioritize based on impact and difficulty
Result Impact Financial Non-financial High
Difficulty Effort Low
Dont need to draw out the matrix, keep it in the back of your mind!
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Step 2.2: Develop specific and testable hypothesis
Good hypothesis: testable If hypothesis is right, dig deeper; If wrong, navigate to the parallel items in the structure; If all parallel items are wrong, your structure is not MECE Deeper in the tree, more info given, easier to hypothesize
25
Engagement structure
Collect background info Identify key question
MECE complete issue tree in the context Prioritize Hypothesize Analyze Right: dig deeper Buy in / Deliver results Manage reaction
26
Wrong: navigate to paralleled items
Step 3: Analysis
Plan Collect data Interpret data Present result So what
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Engagement structure
Collect background info Identify key question
MECE complete issue tree in the context Prioritize Hypothesize Analyze Right: dig deeper Buy in / Deliver results Manage reaction
42
Wrong: navigate to paralleled items
Summarize
The engagement manager come in ask for your update. You run into CEO in the elevator. CFO requests to see your team in 15min. Purpose Buy in client during the analysis Doubt on recommendation Resistance on the change Deliver insights after major analysis Manage reaction proactively Rationally address Synthesis after every major analysis Keep the big picture in mind Emotionally support Tailor your answer to the audience Format (RRRN) Recommendation To achieve XXX, I recommend XXX Reason Major bullet points Risk Assumption Top three concerns: I understand that Next Step Analysis in the row Implementation plan
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Thank the following YGCC sponsors
Yale Graduate and Professional Student Senate (GPSS)!
