2013 bootcamp core slides

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S T R I C T L Y P R I V A T E A N D C O N F I D E N T I A L

YGCC Case Interview

Bootcamp

2/16/2013

Chair: Alice Qinhua Zhou

Vice Chair: A. Raja Banerjee


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So you want to be a consultant?

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The biggest test is interviews

So you want to be a Consultant?

Shall I hire you?

Can you do the work?Can I put you in front of

the client?

Would I enjoy working

with you?

get answered during a typical 40minute interview!

Q & A

0 10 20 30 35 405 15 25

Meet yourinterviewer

ExperienceQuestions

Case

Can you do the work?

Can I put you in front of the client?

Would I enjoy working with you?

(mins)

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PracticeLearn

ConfidenceRealismDoubtOptimism

The journey will be tough, but you will get there


Time

Performance

Emotion Satisfaction

Interviews

YGCC will assist you throughout the journey

This Boot

Camp gets

you here

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Welcome!


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Welcome to Bootcamp

The Case Interview

Overview of the interview

The Case Prompt Exercise set 1

The Case Interview continued

The structured approach (MECE) Exercise set 2 Prioritizing & Hypothesizing

Practicing the case interview

Managing yourself

Assessing yourself (and your partner)

Delivering case interviews

Outline

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Welcome to Bootcamp

The Case Interview



The Case Interview continued The structured approach (MECE) Exercise set 2

Prioritizing & Hypothesizing


Managing yourself Assessing yourself (and your partner)


Outline

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Bootcamp focuses on the Case Interview

The Case Interview - Overview

Shall I hire you?

Can you do the work?Can I put you in front of

the client?

Would I enjoy working

with you?

get answered during a typical 40minute interview!

Q & A

0 10 20 30 35 405 15 25

Meet yourinterviewer

ExperienceQuestions

Case

Can you do the work?

Can I put you in front of the client?

Would I enjoy working with you?

(mins)

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A 25-minute test of how you solve business problems

What is a Case Interview?


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The Case Interview tests for specific traits


Complex Business

Problem-Solving

Quick-learning and analytically efficient

Intellectually curious with creative thinking

Energetic and Hardworking

For the Client

With the Team

Work well with and can influence people

Will lead the client, team, and firm to success

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Case prompt &

clarifying questions

The Case Interview process follows a pattern


Collect background

info

MECE complete issuetree in the context

Identify key question

Prioritize

Hypothesize

Analyze

Right: dig deeperWrong: navigate to

paralleled items

Buy in / Deliver

resultsManage reaction

Create your problem-

solving approach

Solve the Case

Summarize 11


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Case prompt &



solving approach

Solve the Case

Summarize

The first steps drive analytical efficiency our focus


Collect background

info



Prioritize

Hypothesize

Analyze


paralleled items

Buy in / Deliver


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Welcome to Bootcamp

The Case Interview




The structured approach (MECE) Exercise set 2





Outline

The Case Interview

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Collect background info

Identify the key questions

Understand the question

Understand the goal

Exercise Set 1: The Case Prompt

The Case Interview The Case Prompt

Case prompt &


Collect background

info Identify key question

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Exercise 1-1: What kinds of business questions are there?


What are key questions

Red issues keep CEO awake at night

Critical to the success of the

organization

All about capital resources to generate

more wealth

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Exercise 1-1: What kinds of business questions are there?


Market evolve

Enhance

Revenue

Reduce

Cost

Current New biz

Grow

PE Investment

M&A

Enter

new

market

What are key questions

Red issues keep CEO awake at night

Critical to the success of the

organization

All about capital resources to generate

more wealth

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See our Advanced Resources for more detail on the case prompt from the

YGCC Bootcamp


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Welcome to Bootcamp

The Case Interview









Outline

The Case Interview

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Case prompt &



solving approach

Solve the Case

Summarize

Your structure is your roadmap for solving the whole problem

The Case Interview The Structured Approach (MECE)

Collect background

info



Prioritize

Hypothesize

Analyze


paralleled items

Buy in / Deliver


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MECE

ME = each branch is mutually exclusive

CE = in sum, branches are collectively exhaustive

MECE is the ideal structuring philosophy


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MECE meets the goals of a structured approach


?

xx

x

x

x x

x

x

x

x

x

Task ME/C

E

How it helps

Manage the pieces of the

problem efficiently

ME Allows use of process of elimination

Keeps you from getting overwhelmed

Make your approach

easy to follow

ME Interviewer need only think about one thing at a time

Diagrams the relationship of details to the big picture

Guarantee the opportunity

to solve the problem

CE Ensures youve covered everything

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See our Advanced Resources for more about MECE from the YGCC

Bootcamp


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Th C I i Di i D


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Case prompt &



solving approach

Solve the Case

Summarize

Dig deeper quickly

Collect background

info



Prioritize

Hypothesize

Analyze


paralleled items

Buy in / Deliver


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The Case Interview Digging Deeper

Th C I t i Di i D


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Dig deeper quickly: Prioritize

Effort

Result

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Th C I t i Di i D


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Dig deepr quickly: Use testable hypotheses

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

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P ti i th C I t i


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Welcome to Bootcamp

The Case Interview







Managing yourself Delivering case interviews


Outline

Practicing the Case Interview

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Welcome to Bootcamp

The Case Interview







Managing yourself



Outline


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Practicing the Case Interview Managing Yourself


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Key words in prompt: background and

question Clarify questions

Issue TreeInsight from

analysis

Manage your materials segment your first page


Your client is a scooter seller in US with annual revenue $0.5B. Theclient approaches us to grow their revenue.

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Manage your materials Keep your handwriting clean and clear


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See our Advanced Resources for more on managing yourself in an

interview from the YGCC Bootcamp


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Practicing the Case Interview Delivering Case Interviews


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Welcome to Bootcamp

The Case Interview







Managing yourself



Outline


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Read the case thoroughly

Anticipate how you would try to solve it

Familiarize yourself with where each type of information is

Communicate Clearly

Manage the interview

Be frugal when dispensing information

Recognize alternate solution paths (roll with it if necessary)

Giving an Interview Know the case and anticipate your interviewee


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Practicing the Case Interview Assessment


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Welcome to Bootcamp

The Case Interview







Managing yourself



Outline


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Record & time yourself

More objective post-interview analysis

Content: Did you identify a correct/defensible solution in time?

Presentation: was your solution clearly presented and defended?

Assess your performance at each step in the process

Assessing your interview start with the whole picture


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See our Advanced Resources for more detail on Self-Assessment from the

YGCC Bootcamp

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See our Advanced Resources for more detail from the Bootcamp

Presentation

2013 bootcamp core slides

Documents