“Case Study job test interview questions and answers guide. The one who provides the best answers with a perfect presentation is the one who wins the job hunting race. Learn Case Study and get preparation for the new job”
Read the firm's graduate recruitment literature and check its website to see if it has sample case studies (the vast majority of consultancies do). Have a look at recent press releases to get a feel for the type of work it's involved with as well as what industries it works across. Read the business pages of newspapers and imagine one of the businesses to be your client.
Case interviews aim to evaluate how you process information, solve problems and react to new and surprising situations, as well as showing how you work within a team.
Don't panic if the answer is not apparent.
If you're working in a small group divide the tasks - you'll get through them far quicker. There may be different personalities in your group and recruiters will be watching to see how you interact. They will also be looking for evidence of leadership and teamwork. Don't dominate proceedings but do pitch in and contribute where appropriate. It's important to be yourself rather than play to a type.
☛ Pick a branch to probe - Develop hypotheses, ask for relevant facts, defend/refine hypotheses based on new information, probe further, and describe implications you see. *Key note: if you find yourself running down a rabbit trail of random issues with no end, stop, think, and go back up to 30,000 feet to see if you are even in the right ballpark. It is better to discover this halfway into the interview and leave yourself some recovery time, than to discover this when your hour is done.
☛ Pick a second branch, and so on.
☛ Prioritize your responses - Support your arguments with your strongest points first.
☛ Put it all together - Try to answer overall questions (the big picture) with a reasonable, actionable conclusion.
❅ Review where you have been, and what you know
❅ Clarify what you do not understand, and what, with more time, you would like to know
❅ Solidify and tender your recommendation (where appropriate, as sometimes the interviewer cares less about your recommendation, and more about how you get to it).
☛ Get feedback. Sometimes this is appropriate, sometimes it is not. If the case was a real example, they may tell you what really happened. Each case is a learning experience, and it might be good to know that you missed the boat completely - next time you will do better. If you go out thinking you hit it, but really missed the boat, next time you will make the same mistakes.
☛ Take time to think before you answer the question.
☛ If given a pen and paper, take notes and write down key information. Use the paper to make calculations, write down ideas and structure your answer.
☛ Ask additional questions if you feel you are missing information. The interviewer is often expecting you to ask to find missing information.
☛ Use lateral thinking and be creative. There isn't always just one right answer. Just make sure your answer is backed up by sound logic and numbers that make sense.
☛ Make sure you know your math. At minimum you'll need to perform some basic arithmetic or mathematical calculations.
☛ Please provide the total weight of a fully loaded Jumbo Jet at the time of take off?
☛ How many light bulbs are there in the United States?
☛ How many photocopies are taken in the United Kingdom each year?
☛ How much beer is consumed in the city of New York on Fridays?
☛ How many people sell AMWAY products in the United States?
Be prepared both to set up the analytics and do the maths. We want to see your comfort with numbers.
☛ If there are 7,492 people participating in a tournament, how many games must be played to find a winner?
☛ How many golf balls will fit in the Empire State Building?
☛ How many car tire are sold in Canada each year?
☛ Given thhe numbers 5 and 2000, what is the minimum number of guesses required to find a specific number if the only hint you're given is "higher" and "lower" for each guess made?
☛ How do you determine the weight of a blue whale without using a scale?
A case study tests you in all manner of ways so it's one of the best - and fairest - methods of seeing a candidate 'in action'. The open-ended nature of these questions is not designed to torture the candidate, although it might feel that way to the uninitiated. At interview or at an assessment centre, individuals or a small group of candidates are presented with a business problem and then given time to evaluate the information and brainstorm a solution.
☛ Listen to the introduction - Do not think ahead to your answer(s).
☛ Ask 1-2 clarifying questions, if necessary - Begin to formulate a hypothesis in your head, and test if they are reasonable. While asking these questions, you buy yourself a few moments to postulate.
☛ Do not ask for every piece of data. Some interviewers will try to overload you up front with meaningless data. If you ask for it, you may get it, but later find it irrelevant.
☛ Take notes - Some suggest this is a faux pas, others think it is a great idea. Ask the interviewer if you need to take notes. Keep in mind that every real consultant, in real life, will almost without fail takes notes in an interview. If you can keep track of all of the minutia in an hour long client interview, more power to you.
☛ Structure the problem - i.e. begin to fit the problem into one of the frameworks.
Do not feel pressured to provide an answer immediately - take your time, work through the issues, and organize your thoughts.
☛ Take in information quickly and remember what you hear.
☛ Identify key issues, prioritize and logically solve problems.
☛ Make quick, yet accurate, decisions.
☛ Manage time efficiently.
☛ Perform under pressure.
☛ Be aware of resource constraints.
☛ Identify customer needs.
☛ Be original and creative.
Whatever you do, don't force-fit frameworks. If a particular framework doesn't apply to the case, don't use it. Most frameworks incorporate universal concepts that can be applied to various business issues. Use the concepts you've learned in school or through prior work experience to support your analysis of the case. Show your interviewer that you understand these business concepts well enough that you can apply them to the specifics fo the business issue being presented in the case.
✰ At 3:15, how many degrees there between the two hands of a clock?
✰ A fire fighter has to get to a burning building as quickly as he can. There are three paths that he can take. He can take his fire engine over a large hill (5 miles) at 10 miles per hour. He can take his fire engine through a windy road (7 miles) at 9 miles per hour. Or he can drive his fire engine along a dirt road which is 8 miles at 12 miles per hour. Which way should he choose?
✰ You spend 21 dollars on vegetables at the store. You buy carrots, onions and celery. The celery cost half the cost of the onions. The onions cost have the cost of the carrots. How much did the onions cost?
✰ You spend a third of all the money you have on a piano. Half of your remaining money you use to buy a piano chair. A quarter of the rest of your money you use to buy piano books. What portion of you original money is remaining?
✰ Why are manhole cover always round, instead of square?
Explain the factors you took for making a decision: how did you get to the root cause of the problem? How did you identify the likely causes of problem? How did you generate a number of possible solutions?
Describe the actions you took: why did you choose these actions? What were the results you expected to achieve? Describe how you organized ideas into process flow and common theme and the way you monitor result. Don't forget the risk management factors.
Tell about how you collected information for analyzing data: the process you utilized for extracting maximum information from the facts.
Describe the problem in the workplace.
What is involved in making it a problem?
★ What would be your approach for introducing a product into a foreign market? What are the risks and benefits to consider i.e. producing in your own country vs producing in the new country, etc?
★ Company ABC is struggling, should it be restructured? Identify the three main problems it's facing. What is the most important problem the company is facing? How would you recommend the company address this problem? How would you turn this company around? Provide your reasoning for your recommendation(s)?
★ A toy company has been experiencing decline sales for the last two seasons. Research suggests that introducing several new product lines is the solution. Develop a marketing strategy for the company's largest product line, including pricing, product packing, etc?
★ A large chain of retail clothing stores is struggling with profitability. Bases on your review fo the company's financial statements, what problems can you identify? Can this company be turned arounds? How would you go about deciding?
★ A new Eddie Bauer Store is being opened up in London. Discuss all the marketing issues regarding the opening of this new location?
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