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The Consulting & Strategy Club, IIM Lucknow Page 1


No part of this casebook may be reproduced or transmitted in any form or by any means electronic, mechanical,
photocopying or otherwise without prior consent from The Consulting & Strategy Club, IIM Lucknow.
Foreword

As companies worldwide get more and more concerned about hiring the right talent
for their key positions, candidate evaluation during interviews has become all the
more sophisticated. The case interview is unique in the sense that it presents the
candidate with a problem to be solved in the context of real-world business
situations and seeks solutions that tests both logical reasoning and creativity. It
allows the interviewer to evaluate the candidate’s skills in deconstructing a problem
and communicating their thought process, the ability to think on their feet, handle
ambiguity and assess their comfort with numbers. Although, traditionally used by
consulting firms in their recruiting processes, the case method is now increasingly
used for jobs across functions whether general management or investment banking.

The casebook by The Consulting & Strategy Club of IIM Lucknow documents
candidates’ interview experiences by different firms that have been hiring from the
IIM Lucknow campus over the years. The ideal way to use this book would be for
the candidate to first arrive at a case solution employing his own approach and then
enhance his learning through comparison with the approaches documented in the
casebook.

The Consulting & Strategy Club

Anmol | Ankit | Devanshu | Rahul | Prince | Suraj

Amit | Arushi | Devika | Jyothirmayi | Riya | Saksham

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Contents

Foreword..................................................................................................................................... 2
About Case Interviews................................................................................................................. 6
Skills Tested................................................................................................................................ 6
Types of Cases Encountered ....................................................................................................... 6
Do List for a Case Interview ........................................................................................................ 7
Frameworks ................................................................................................................................ 7
Some Important Frameworks ...................................................................................................... 7
Summer Internship Experiences 2013 ......................................................................................... 12
Accenture Management Consulting ............................................................................................ 12
Interview Experience 1 ..................................................................................................................... 12
Interview Experience 2 ..................................................................................................................... 13
Interview Experience 3 ..................................................................................................................... 15
Interview Experience 4 ..................................................................................................................... 18
Interview Experience 5 ..................................................................................................................... 19
Interview Experience 6 ..................................................................................................................... 23
Interview Experience 7 ..................................................................................................................... 25
A T Kearney .............................................................................................................................. 28
Interview Experience 8 ..................................................................................................................... 28
Boston Consulting Group............................................................................................................ 29
Interview Experience 9 ..................................................................................................................... 29
Interview Experience 10 ................................................................................................................... 31
Deloitte ..................................................................................................................................... 34
Interview Experience 11 ................................................................................................................... 34
Interview Experience 12 ................................................................................................................... 35
Interview Experience 13 ................................................................................................................... 38
KPMG ........................................................................................................................................ 40
Interview Experience 14 ................................................................................................................... 40
McKinsey & Co ........................................................................................................................... 41
Interview Experience 15 ................................................................................................................... 41
Interview Experience 16 ................................................................................................................... 43
Interview Experience1 7 ................................................................................................................... 44
Interview Experience 18 ................................................................................................................... 47

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Interview Experience 19 ................................................................................................................... 50
Interview Experience 20 ................................................................................................................... 51
Interview Experience 21 ................................................................................................................... 52
Summer Internship Experiences 2012 ........................................................................................ 54
Boston Consulting Group .......................................................................................................... 54
Interview Experience 1 ...................................................................................................................... 54
Interview Experience 2 ...................................................................................................................... 58
Interview Experience 3 ...................................................................................................................... 59
McKinsey & Co ......................................................................................................................... 61
Interview Experience 4 ...................................................................................................................... 61
Interview Experience 5 ...................................................................................................................... 64
Interview Experience 6 ...................................................................................................................... 65
Interview Experience 7 ...................................................................................................................... 66
A T Kearney .............................................................................................................................. 68
Interview Experience 8 ...................................................................................................................... 68
Accenture Business Consulting ................................................................................................. 70
Interview Experience 10..................................................................................................................... 71
Interview Experience 11..................................................................................................................... 71
Interview Experience 12..................................................................................................................... 73
Interview Experience 13..................................................................................................................... 74
Interview Experience 14..................................................................................................................... 77
Interview Experience 15..................................................................................................................... 78
Interview Experience 16..................................................................................................................... 80
Interview Experience 17..................................................................................................................... 82
Interview Experience 18..................................................................................................................... 85
Deloitte ..................................................................................................................................... 87
Interview Experience 19..................................................................................................................... 87
Summer Internship Experiences 2011 ........................................................................................ 89
Accenture Business Consulting ................................................................................................. 89
Interview Experience 1 ...................................................................................................................... 89
Interview Experience 2 ...................................................................................................................... 91
Interview Experience 3 ...................................................................................................................... 96
Boston Consulting Group .......................................................................................................... 99
Interview Experience 4 ...................................................................................................................... 99

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Interview Experience 5 .................................................................................................................... 106
Interview Experience 6 .................................................................................................................... 109
Interview Experience 7 .................................................................................................................... 111
Interview Experience 8 .................................................................................................................... 112
KPMG ..................................................................................................................................... 117
Interview Experience 9 .................................................................................................................... 117
Interview Experience 10................................................................................................................... 118
Mckinsey & Co. ...................................................................................................................... 123
Interview Experience 11................................................................................................................... 123
Interview Experience 12................................................................................................................... 124
Interview Experience 13................................................................................................................... 125
Interview Experience 14................................................................................................................... 128
Interview Experience 15................................................................................................................... 134

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About Case Interviews

Case interviews are usually based on real problems which interviewers themselves
have encountered in the course of their client engagements. They usually last for
about 20 minutes and seek to test the candidate’s problem solving skills. In a typical
case interview, the interviewer states a problem and the interviewee goes about
tackling the problem by asking a series of questions. The interviewer answers these
questions based on how he wishes to direct the interview. The candidate must put
forth a logical framework for solving the problem after having understood the key
issues and must ideally make some recommendations/conclusions towards the end
of a case.

Skills Tested

 Problem solving skills


 Quantitative skills
 Communication skills
 Poise and professionalism
 Firm fit

Types of Cases Encountered

 Estimation cases–Determine something by making reasonable assumptions


about critical variables.
For example: How many golf balls fit into a 747, or how many pens are sold
every month on the IIM Lucknow campus?
 Market Sizing & Entry/Expansion
 Profit/Losses – Analyze changes in profitability, revenues and costs
 Industry Analysis
 Product Launch – Help a client gauge if and how to launch a product
 Mergers & Acquisitions
 Competition Handling

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To-do List for a Case Interview

 Take notes
 Do not make any assumptions
 Ask questions
 Take your time before responding
 Lay out a structure for the interviewer
 Summarize at regular intervals

Frameworks

 Knowledge of basic types of frameworks is helpful in case interviews


 Helps in structuring the case analysis especially complex cases
 Attention should be paid to minute details of the case
 Identify the most critical issue and try to find solution for it
 All the frameworks are very well-known and just using them won’t help you
in cracking the interview
 Don’t fit a framework forcefully. Use it as a checklist to be exhaustive in case
you are stuck
 Try mixing and matching frameworks with different types of cases
 Try to form your own effective framework

Some Important Frameworks

SUPPLY AND DEMAND:


The market-clearing price and quantity is determined by the intersection of demand
curve and the supply curve.

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PROFITABILITY:
Try to find out the reason for change in profitability.

Profit = P * Q - ((VC * Q) + FC)


Profits are defined as total revenue minus total cost. Changes in revenue are due to
a change in quantity, price or both. Total cost is the sum of variable plus fixed
costs. Variable costs vary directly with quantity while fixed costs are set for a given
period.
3Cs:
It is one of the most widely used frameworks and one can differentiate their analysis
by not using it. Still, a quick and effective framework for industry analysis!

PORTER’S 5 FORCES MODEL:


It is usually the first step in industry analysis and should be followed by further
analysis. This makes it very time consuming in nature. Analysts use it for qualitative
evaluation of a firm’s strategic position.

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VALUE AND SUPPLY CHAIN:
It can be used to examine an industry’s depth.

PORTER’S GENERIC STRATEGIES:

It is a very effective tool in analysis of the cases.

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SWOT:
In a full case analysis, this framework leads to time wastage and should be avoided.
It can be used as a presentation framework.

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MARKETING FRAMEWORKS:
These frameworks are very helpful in analysing marketing cases in consulting
interviews.

STP:

Segmentation:

 Consider variables for segmenting markets


 Analyse the profile of emerging segments
 Validate emerging segments

Targeting:

 Formulate a targeting strategy


 Decision on which segments should be targeted
Positioning:

 Understand the perception of the customers


 Position products in the minds of the consumers

4Ps:

 Product – Functionality, brand, packaging and services


 Price- Absolute and relative price
 Place- Channel, inventory, logistics and distribution
 Promotion- advertising, publicity, sales force, sales promotion

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Summer Internship Experiences 2013

Accenture Management Consulting


Interview Experience 1

Name: Ankit Singhania


Company: AMC
Name of interviewer and
designation One senior person , One HR, One Partner

Round 3 Rounds
(First/Second/third)

Brief Profile :
(Graduation College, BITS-Pilani, Chemical Engineering, Oracle Financial Services
stream, Work ex details, Software -22 months, CFA Level1, family work experience in
etc.) pharmaceutical
Interview questions (With Round 1:
indicative answers if you Tell me about yourself
choose to share them) Why AMC?
Why Consulting?
Why not finance?
Why MBA from Engineering?
Any question you would like to us?
Round 2: Mostly HR
Tell me about yourself
Why AMC?
Why Consulting?
Any question you would like to us?
Round 3:
Tell me about yourself
Why AMC?
Why Consulting?
Any question you would like to us?

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Narration of the case Round 1:
interview (Please be as 1. Ranbaxy production is falling. Give me the structure
descriptive as possible) and exhaustive list.
2. Ranbaxy profits are falling. Give me the structure of all
the parameters under consideration.
Round 3 :
1. Calculate the cost of the disease ( opportunity cost+
medical expenses+ social +emotional cost )
2. List down all the parameters to be considered while
constructing a Toll booth on highway to generate
maximum revenue.
What do you think went Knowledge about company and cracking the case.
right in this interview?

What do you think went Why consulting could have been more better
wrong in this interview?

Any tips for future batches Read about the company on their website and include that
on the basis of your information in your answers.
experience Practise basic case solving frameworks

Interview Experience 2

Name: Arpit Agal


Company: Accenture Management Consulting

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Name of interviewer and Round 1: Senior Manager
designation
Round 2: HR

Round 3: Partner

Round
(First/Second/third)

Brief Profile : Chemical Engineer from IITB, 22 months of work experience


(Graduation College, at Capital One
stream, Work ex details,
etc.)
Interview questions (With Round 1:
indicative answers if you  Mostly questions on my work experience at Capital
choose to share them) One and what I learnt out of it
 One basic question on marketing strategy of a company
 Why Accenture? Why consulting?

Round 2:
 Pure HR interview with all kinds of standard HR
questions like leadership examples, strengths, why
consulting, hobbies, social work etc.

Round 3:
 Partner Round- Checking the fit. Similar questions as
earlier. No case studies or guesstimate.
Narration of the case All the rounds had a common objective: checking whether
interview (Please be as consulting is fit for me. They were especially keen on the
descriptive as possible) learnings out of my work ex. Any standout achievement will
really help here. Otherwise the questions were quite
straightforward. No technical stuff for me (cases,
guesstimates). “Why Accenture” is one question which was
asked in all the three rounds.

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What do you think went I was quite relaxed and had prepared well for my HR answers.
right in this interview? I had prepared couple of questions on Accenture based on
their ppt and website which helped in making conversation a
better one.

What do you think went I had a break between my second and third round due to
wrong in this interview? other interviews. It caused a slight break in the flow although
not a major one.

Any tips for future batches  Go through the website and their campus ppt well
on the basis of your  Be prepared with “Why Accenture” answer
experience  Prepare for all the standard HR answers well in
advance. It really helps on the final day.

Interview Experience 3

Name: Mohammed Mudassar


Company: Accenture Management Consulting
Name of interviewer and Rounds 1,3: Do not know
designation Round 2: HR
Round 4 (Telephonic) : Vishwesh Prabhakar, Partner
Round 4 Rounds
Brief Profile : Computer Science Engineering, Osmania University, Hyd.
12 months at Google as Corporate Operations Engineer

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Interview questions (With Round 1:
indicative answers if you Why would a person with a very technical background want to
choose to share them) go into consulting?

What is the current mobile phone I use? (At the time, I used a
Micromax A74)
Why has Micromax succeeded? What has it done correctly?
What do you understand from Micromax’s recent advertising
campaigns? Why has it cast Hugh Jackman?
Why is Nokia doing badly? What are the strategic mistakes it
has made?

Which other industries interest me? (Apart from technology,


my answer was Aviation)
Why is the aviation industry not profitable?
Caselet: How would I approach the situation if Boeing asked
me to help their suppliers (HAL) improve their output?
What recent major deals in aviation did I know about?

How would I be able to handle the pressures and challenges


of a consulting career?

Round 2:
Largely conversational, my experiences and expectations from
consulting and whether Accenture would fit me. No clichéd
HR questions.

Round 3:
Guesstimate the size of the Indian Diaper market.
Repeating the point about me being too technical for the role.

Round 4:
What is Accenture’s current stock price?
Is Accenture a public or a private company?
Where is Accenture headquartered out of?
What is causing deflation in Japan?
More questions about the state of the Japanese economy and
macroeconomics in general.
What should the governor of RBI focus on?
Narration of the case Boeing parts:
interview  I was only asked to list the broad areas I’d look at.
Listed transportation, supply chain, labour relations,
and legal arrangements.

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 Added one or two possible problems under each issue
and suggested solutions.
Guesstimate(Diapers):
 Structured using the number of kids in India using
population statistics, the family income, and cost of
diaper by guessing the percentage of families who
would use diapers.
 My initial estimate was $12 billion, way too high, and
without him pointing it out, I tried to adjust my various
estimates.
 He was fairly happy with the structure and did not try
to correct the numbers too much.
What do you think went  Google on my resume helped. My interviewers looked
right in this interview? at that, smiled at me, and probably did not look beyond
that on the CV.
 In Round 1, the interviewer stated an incorrect fact
about the aviation industry and I corrected him. This
made me look knowledgeable and he didn’t ask too
many factual questions after that.
 Also, on the questions involving me being too
technical, I took a consistent stance that I like
technology and I believe it can be applied through
consulting. I felt they were trying to get me to change
my stance, but I stuck to it while respecting their point
of view. I think this helped.
 The spontaneity I was able to show was helpful in
turning the interviews in directions I preferred.
What do you think went  In the second round, I wasn’t really sure what I had to
wrong in this interview? say as I was more prepared for questions than a
conversation, I felt I rambled a bit.
 In the fourth round, I could plainly not answer many
questions on macroeconomics.
 The questions I asked were perhaps a bit naïve.
Any tips for future batches  In-depth knowledge of one or two sectors is very
on the basis of your valuable.
experience  Consistency of answers across interviews and your CV
makes you look sane.

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Interview Experience 4

Name: Rhythem Pahwa


Company: Accenture Management Consulting
Name of interviewer and
designation Round 1 – Senior Manager from Supply Chain Vertical
Round 2 – Some HR executive
Round 3 – Vikrant; Partner, heads the sustainability practice
area

Round Three rounds


(First/Second/third)

Brief Profile : B.Tech from PEC (2010 batch); Prior work experience of
(Graduation College, about 5 months with Mu Sigma, Bangalore and 26 months
stream, Work ex details, with ZS Associates, Gurgaon
etc.)
Interview questions (With Round 1: Some basic questions like tell me about yourself,
indicative answers if you why consulting
choose to share them)
Discussed one project from Mu Sigma and one from ZS in
detail, nature of responsibilities

Case on an FMCG giant who was facing a sharp decline in


profits.

The interviewer did not allow me to use a pen and paper and
rather asked to orally discuss the case. I questioned the ins and
outs of the business, the industry and other basic qualifiers.
The issue was with the supply chain. Gave him
recommendations on how to enhance the profits. After this he
gave a couple of hypothetical situations pertaining to sales and
distribution issues and how I would go ahead. The interview
lasted for about 45 mins.

Round 2:
Tell me something about yourself, typical HR situations
(significant achievement, situation where you achieved
something significant after overcoming obstacles, etc.), which
practice area would you like to work in at AMC, what do you

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know of that practice area, what do you remember of the ppt,
what did you like, what is it that you didn’t like.
The interview lasted for about half an hour

Round 3:
This was the Partner round. Some general questions from my
work-experience, which practice area would you prefer, why,
recent developments in that practice area, a couple of projects
from my stint at ZS

He asked me an HR case. A Financial services firm recruits


and trains Financial Advisors but for some unknown reason
the attrition rate is huge. Investigate why. He just gave me 5
mins to discuss and solve the case with him so had to be really
fast with the analysis. After this round he made the offer and I
accepted it.
Narration of the case Explained above
interview (Please be as
descriptive as possible)

What do you think went Spoke enthusiastically, did well in the cases
right in this interview?

What do you think went Couldn’t justify satisfactorily why I wanted a particular
wrong in this interview? practice area

Any tips for future batches Prepare well for HR questions, it helps
on the basis of your
experience

Interview Experience 5

Name: Sabyasachi Dhar


Company: Accenture Management Consulting
Name of interviewer Principal
and designation

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Round 3 Rounds
(First/Second/third)
Brief Profile : Economics (Hons.) St. Xavier’s College. Worked for 35
(Graduation College, months as part of the Essar Group Corporate Risk and
stream, Work ex details, Insurance Management Team
etc.)
Interview questions Round 1:
(With indicative answers
if you choose to share Tell me about yourself (was the only HR question in this
them) round)

How did you balance your work/studies with your extra-


curricular activities?

Explain your work experience


Questions on work experience like the type of risks associated
with vessels or the state of the Insurance industry in India

If your previous employer came to accenture for consulting


advise, what advice would you give them?

Case
1st asked me about how Tata Sumo is doing in India, to which
I replied not well at all. Then the problem statement was to
help Tata come up with a decision regarding the future of
Sumo.

Walked him through the value chain and stressed on the cost
and value drivers and came up with 3 solutions, to which he
seemed impressed and stopped the discussion there

Post the case, he asked about the current Economic condition


of India and what implications the forthcoming elections and
the budget hold.

Had a discussion on that for 10 minute and then he asked me


if I had any questions. Asked him why Accenture is the only
Consulting firm that is publicly listed while the others are
privately held? He seemed impressed again and explained the
whole idea behind going public. After 10 minutes of
discussion, the interview was concluded.

Round 2:

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HR round. Asked various questions like tell me something
about yourself, why Accenture, why consulting, tell us
something that drives you, why did you give up on sports,
what convinced you to do an MBA.

Also ran through my CV and asked HR related questions


regarding the Positions of responsibilities that I held and the
extra-curricular activities I took part in.

Round 3:

Was the final round. Again asked me to introduce myself and


in general spoke about what I did in life and what drives me.
Also wanted to know what I was passionate about in life. I
had a feeling that the objective was to test whether I was
passionate about the things I care about.

The conversation ended with him asking me whether I would


like to choose Accenture Global or Accenture India, to which
I replied Accenture Global and linked it to everything else I
had spoken to him about.

Narration of the case The problem statement was to help Tata come up with a
interview (Please be as decision regarding the future of Sumo.
descriptive as possible)
I took a minute off to get the 1st two layers of the structure in
place. Then started with the Cost and Value drivers and
complemented it with the value chain to figure out where they
were going wrong. After looking at every aspect, we came to
the conclusion that the Tata Sumo is falling behind due to
improper positioning of the vehicle vis-à-vis it competitors
and the lack of sheer innovation that the subsequent models
have shown.
What do you think went Clarity of thought
right in this interview? Structure to answers, especially HR answers
Interacting with the Interviewer, asking questions wherever
necessary
Not fumbling and losing the main chain of thought

What do you think went


wrong in this interview?

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Any tips for future Preparation of HR answers, most essential
batches on the basis of In a case, look at every aspect possible
your experience If you don’t know how to proceed, take time out to think and
involve the interviewer as much as possible
Don’t jump to conclusions

Interview Experience 6

Name: Stuti Garg


Company: AMC
Name of interviewer
and designation --
Round First, Second(telephonic)
(First/Second/third)
Brief Profile : MNNIT Allahabad, Electrical Engineering
(Graduation College, Worked at NTPC Ltd. for about two years
stream, Work ex details,
etc.)
Interview questions Round 1:
(With indicative answers 1) Walk me through your CV.
if you choose to share Ans: I started with academics. Elaborated on the special
them) achievements in it. Talked about my stint with NTPC and
the projects I did there. He himself asked about various
extracurriculars
and PORs I mentioned and asked me to
elaborate on them.
2) Which project was your personal favourite at NTPC and
why?
Ans: I spoke about a rural electrification project and told
them how I got complete autonomy while executing it.
Spoke about other facets like interacting with gram
panchayats etc.
3) Do you think Kyoto Protocol is biased? (I conducted a
panel discussion in college about carbon emissions control)
Ans: Talked about its various clauses, how they are
administered and how much say developed nations have in
it. Finally giving some examples concluded that isn’t biased.
4) Which are your favourite three books? (I was a member
of literary club in college)
5) What did you read most as a kid?
Ans: I said Tintin. He too turned out to be a huge tintin fan

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and we went on talking about it for another 10 minutes.
6) If I ask your best friend to describe you in one word,
what do you think she’ll say?
7) How is coal paucity hindering our progress? (worked in
thermal plant)
Ans: I said that we had abundant coal. The problem is in our
policies and practices. Elaborated on that.
8) Do you want to ask me anything.
Round 2: Was a telephonic round. Three very generic
questions were asked.
1) Which was your favourite subject in term 1?
2) What do you do in free time at IIML?
3) How has the journey been so far at IIML?

Narration of the case 1) A burger joint’s profitability is falling despite same sales
interview (Please be as revenue? Analyse the reasons.
descriptive as possible) 2) ESPN has to bid for an upcoming cricket match series.
Give them a reasonable quote.
Ans: I asked about the kind of series: test, oneday
or IPL.
I asked about the match’s location. He replied India to
which I asked if India was playing. Enquired about the
sponsors, ad revenues etc.
What do you think went Coherence and structure in answers
right in this interview? I was very candidly chatting with them which probably
worked in my favour
What do you think went
wrong in this interview?

Any tips for future Know your CV really well.


batches on the basis of Sort things out in your mind before answering.
your experience Ask them only relevant questions. Never beat around the
bush.
Stay calm and composed.

Interview Experience 7

Name: Suraj Serikar


Company: Accenture Management Consulting
Name of interviewer and Don’t remember
designation Round 4 (Telephonic) : Vishwesh Prabhakar, Partner

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Round 4 Rounds
(First/Second/third)

Brief Profile : Graduated from IIT Madras, 2 years work ex at Olam as a


(Graduation College, consultant
stream, Work ex details,
etc.)
Interview questions (With Round 1: Case + HR
indicative answers if you Interview kicked off by tell me about yourself. Then asked
choose to share them) about my PORs at IIT. Gave a case on Olam expansion
strategy in between discussion about my work ex. Then some
questions about Accenture and HR.
Asked if I had any questions for him.

Round 2: HR
Tell me about yourself?
Why Accenture? Why consulting?
HR person was interested in my work ex and PORs, asked a
plenty of questions on that.

Round 3: CV Based + HR
Tell me about yourself?
Asked how my day was, as my energy levels were bit low at
that point of time.
I had an entrepreneurial venture at IIT and interviewer was
asking questions related to entrepreneurship trends in India
and issues faced in my venture, key learnings etc.
Interviewer was working in a similar domain of supply chain
(Sales and distribution) and we had a discussion on challenges
involved in projects.
What were my expectations from Accenture and why I prefer
it over working for Olam?

Round 4 : Telephonic interview- CV Based


Was very short interview and partner was quickly running
through my CV and asked about my entrepreneurial venture
and why it failed?

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Narration of the case Suggest a strategy for Olam to expand in next 2-3 years in
interview (Please be as coffee commodity business unit?
descriptive as possible) Interviewer was looking for structure and logic in the
approach. I walked him through the value chain in coffee
business and then focussed on areas in procurement and
distribution currently controlled by other parties. Then
proposed for forward integration for the product and
explained the rationale using some examples of other
businesses of Olam. Interviewer appeared to be quite
convinced at this stage and he moved on to some specific set
of questions in commodities.

What do you think went I was quick to realise the case presented to me in between
right in this interview? conversation and I had asked him time for structuring it.
There were no signs of nervousness as I had sat for ample
number of interviews before and was very comfortable and
confident throughout the process. Was quick to catch cues
from interviewer and focused discussion on topics that
engaged him. Was cheerful throughout the process.

What do you think went I was completely exhausted as interviews were scheduled
wrong in this interview? towards end of the day and my energy levels were not high.

Any tips for future batches Be confident, energetic and enjoy the process.
on the basis of your
experience

Interview Experience 8

Name: Swati Singh


Company: Accenture Management Consulting
Name of interviewer and
designation -

Round Four rounds in all


(First/Second/third)

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Brief Profile : Indira Gandhi Institute of Technology, Delhi
(Graduation College, (Mechanical Engineering)
stream, Work ex details, 2.5 years’ work ex. with an Indian automobile company
etc.) (R&D)
Interview questions (With Round 1:
indicative answers if you 1) Tell me something about yourself?
choose to share them) 2) Work profile? (Some more questions related to it)
Most questions after that were supply chain management
(SCM) related because I had worked in an automobile company
(caught me off-guard since my area of work was research and
not production). Some of the questions were -
3) Difference between SCM inside the firm and outside the
firm
4) How does an automobile firm manage its inventory?
5) What is the difference between centralized and de-
centralized supply chain? Advantages and Disadvantages
of each
6) What are the various ways in which you’ll reduce
inventory pile up?

Round 2: (HR)
1) Tell me something about yourself
2) How was your experience of working with XYZ
Company?
3) Why consulting? Why not join the old firm back?
4) Why Accenture?
5) How do you fit in?
6) What if we are not able to recruit you today?

Round 3 :
Started with the usual tell me something about yourself. Then
he started questioning me on why I want to choose consulting
as a field and why I don’t want to work with my old firm
again.
Then he gave me a guesstimate:
Estimate the no of passenger shared auto rickshaws in
Lucknow
The guesstimate could have been done using multiple
approaches so he asked me the different approaches I can use
to arrive at the final answer. He also cross questioned me on
the assumptions I had made while solving the guesstimate.

Round 4:

The Consulting & Strategy Club, IIM Lucknow Page 26


The interviewer was also a mechanical engineer so he asked
me a lot of questions on SI/CI engines, Torque Speed curve,
Knocking etc.

Narration of the case Round 4:


interview (Please be as Market entry strategy for a Chinese automobile firm
descriptive as possible)
My approach was to first evaluate whether it is the right
environment and time to enter and then move on to how to
enter- by utilizing existing capabilities or developing new ones.

What do you think went Round 1:


right in this interview? I was able to give some work related examples to support my
understanding of concepts which I think he really liked
Round 2: I was calm and confident throughout
Round 3: I logically explained my assumptions without
getting perturbed by the interviewer’s cross questioning (even
though a few data points actually turned out wrong)
Round 4: The case went well as I could cover almost all the
areas
What do you think went Round 1:
wrong in this interview? I was not very well prepared to handle SCM related questions.
Round 2:
Nothing as such
Round 3:
I should’ve taken more time in solving the guesstimate and
not rushed into getting an answer

Any tips for future batches If you have core manufacturing work-ex, irrespective of the
on the basis of your department you were in, be thoroughly prepared with
experience operations related questions.
Also, be prepared for a few question from your undergraduate
stream

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A T Kearney

Interview Experience 9

Name: Naveen Bansal


Company: A T Kearney
Name of interviewer and
designation -

Round -
(First/Second/third)
Brief Profile :
(Graduation College, PEC, Goldman Sachs
stream, Work ex details,
etc.)
Interview questions (With Round 1-
indicative answers if you 1. Tell me something about yourself (was asked the same
choose to share them) question multiple times in the process)
2. Your most significant achievement in life
3. Support your hobbies with examples: I mentioned reading
novels and was asked about the last novel i read and what did i
like the most in the novel

Round 2 -
1. Explain what I did at Goldman Sachs (Job role and
responsibilities)
2. One instance where you think team work was most
important (linked to work experience)

Guesstimate 1: Estimate the demand of ACs in India

Case 1: A two wheeler manufacturer, a market leader in the


category, has a lot of cash available for investment. The firm is
a proprietorship and has an owner. The owner now wants to
move to the small car segment. Advise him if he should
venture into small car market or not.

Case 2: Estimate the demand of Cement in India.


- Was asked to devise both top-down and bottom-up
approach for estimating the number.
Top-Down approach included looking at Macro indicators

The Consulting & Strategy Club, IIM Lucknow Page 28


(GDP Per capita and Cement consumption per capita). The
Interviewer had all the numbers but he was waiting for me to
ask.

Narration of the case


interview (Please be as
descriptive as possible)

What do you think went


right in this interview?

What do you think went


wrong in this interview?

Any tips for future batches Prepare some questions to ask to the interviewer.
on the basis of your 1. Stay happy! a smile on your face really works!
experience 2. Don't hesitate in asking for time to think. It is perfectly
fine!
3. Make HR questions as personal as possible! ( a BIG +)
4. Maintain your stand following the Pcom rules if asked
about offer. Ask for some time to think and contact PCom
immediately.

Boston Consulting Group

Interview Experience 10

Name: Aditya Dogra


Company: The Boston Consulting Group
Name of interviewer and Rishabh, Project Lead (First Round)
designation Sachin Kotak, Principal (Second Round)
Priyanka, Principal (Third Round)
Amit Sachdev, Principal (Fourth Round)
Brief Profile :
(Graduation College, B.Tech. Civil Engg, IIT Bombay, Work ex – 11 months at
stream, Work ex details, Inductis (Analytics)
etc.)

The Consulting & Strategy Club, IIM Lucknow Page 29


Interview questions (With Round 1: Brief introduction followed by a case
indicative answers if you Round 2: No HR questions, went to the case straight away
choose to share them) Round 3: Brief introduction followed by a couple of
experience based questions, this was followed by a case
Round 4: Introduction followed by a guestimate

Narration of the case Round 1: The case was concerning a mobile device
interview (Please be as manufacturer facing a decline in profits. It had opened new
descriptive as possible) stores through a franchisee recently and started selling
products at a lower price. This had affected the equation with
the set of old retailers. In addition the margins provided to
the retailers by the client weren’t competitive which were
causing it to lose sales.

Round 2: The interviewer had shaken things up a little by


doing away with the conventional over the table discussion
and the case was solved on a blackboard. Problem statement
was developing a presentation to be made at a round table
conference of procurement managers. I started off by laying
out the broad structure of the presentation. Later the
discussion moved onto coming up with different
environmental factors that need to be included which would
concern the day to day work of a procurement manager. I
bucketed these factors into Political, Economic, Social,
Technical and generated ideas for each backing them up with
recent events eg. Under economic factors one of the concerns
was currency fluctuation which would affect price of
procurement and how hedging could mitigate the risk.

Round 3: The case was about a pharmaceutical company


launching a new vaccine and looking to decide upon a pricing
strategy. I listed the 3 factors I would consider to fix the price
point - manufacturing and selling costs, pricing of competitive
products, value of product to customer. The interviewer
directed me to consider the first factor since there were no
competing products and the third factor was very qualitative.
The problem was then reduced to estimating the size of
market, forecasting sales and asking questions to get complete
information about the costs involved (R&D, Patents were
major costs).

Round 4: The case involved estimating the demand for the


upcoming Mumbai metro. I proceeded by breaking the
problem into three parts – shifting of passengers from
The Consulting & Strategy Club, IIM Lucknow Page 30
Mumbai local, shifting of passengers from other modes of
public transport, people shifting from private to public
transport. I made reasonable assumptions about the % of
passengers that would shift from each segment on the basis
of the information I had about the metro routes. Post that
there was some calculation involved in estimating the size of
each segment as frequency multiplied by capacity (separately
for peak and non-peak hours).

The interview ended with a good discussion about my work


at Inductis on a financial services project as Amit himself had
been working in that domain.
What do you think went Picked up the hints given by the interviewer – in my first
right in this interview? round, after laying down the approach I was going in a
different direction. At that point I picked up a hint from the
interviewer’s expressions and took a step back to then move
in the right direction.

2 of my interviews had lots of calculation involved which I


was able to handle extremely well.
What do you think went With a new format and a very unconventional case in the 2nd
wrong in this interview? round it took a little time to adjust and for a while I wasn’t
giving the kind of ideas the interviewer was looking for.

Any tips for future batches Extremely important to stay calm and confident throughout
on the basis of your the interview and have a good discussion with the interviewer.
experience

Interview Experience 11

Name: Chinmaya Golecha


Company: The Boston Consulting Group (BCG)
Name of interviewer and Amit Sachdeva, Principal
designation

Round One round


(First/Second/third)

The Consulting & Strategy Club, IIM Lucknow Page 31


Brief Profile : Worked at Deutsche Bank Centre as a part of the TMT team
(Graduation College, in London (11 months)
stream, Work ex details, B.Com (H) from SRCC
etc.) CA Inter

Interview questions (With Round 1:


indicative answers if you 15 minutes - Quick chat about the CV, some relevant interest
choose to share them) areas around my work-ex and some PoR’s.
25 minutes - Case around Computers/Laptops manufacturer’s
service revenue increase.

Round 2: n/a

Round 3: n/a
Narration of the case Case overview:
interview (Please be as There is a computers/laptop manufacturer, global leader, with
descriptive as possible) two revenue streams – Primary selling of products
Service revenues from maintenance, repair and replacement
parts
Global average split is 75%-25% respectively but India split is
95%-5%

Problem Statement:
To increase revenue stream from services in India

Case Approach:
1) Background questions:

Inquired about the supply chain. What services are offered,


how they are offered, who offers them.

Discovered that problem area was sale of replacement parts


and the services entailed therein

Discovered that the company follows a hub-and-spoke model,


ie: one central distributor in the country who gives spare parts
to all retail stores (100% franchisee system)

2) Approach:

Decided to approach the problem using the most basic


Revenue breakdown = Volume x Price
If we can find why revenue is down either because of Volume
or Price than we can find the issue.
The Consulting & Strategy Club, IIM Lucknow Page 32
I felt, prima facie, that the problem lay in Price (as my
understanding is for a replacement part, I would get
something cheap rather than go the actual store after warranty
and overpay). However, I was told that the price offered
outside the stores was 20% higher than the in-store price.

The Problem statement thus became: Why are people not


buying replacement parts from us even if they are cheaper?

To drill into this, I decided to get into the shoes of a


consumer. The various problems (logical flow, thus MECE)
could be:
Do I have access to a store?
Do they have parts?
Do they have good staff (technicians that can help etc)?
Turnaround time?
Other service elements?

I dived into each bucket to find that the problem lay in spare
parts after spending considerable time on good staff and
access. (I established that distribution/reach was good so
people did not find it inconvenient to visit our stores as well
as we had skilled help that could effectively and quickly solve
consumer problems)

Re-visited the supply chain to figure out where the problem


was with spare parts. Discovered that the hub sent them to the
stores but still the stores did not have inventory. Spent time
analysing the inventory situation using the interviewers help.
Discovered that each store had an individual P/L and were
giving the inventory to other people (who were in turn selling
it at a 20% markup) and taking a cut!

Recommendations: Establish Inventory issue norms, and


ensure random checking of inventory at stores.
What do you think went Very Interactive – Interviewer was very involved in the case
right in this interview? Picked up all the hints dropped – the interviewer lit up when
we spoke about black market selling of the replacement parts

The Consulting & Strategy Club, IIM Lucknow Page 33


What do you think went Nothing majorly, Missed a couple of things where the
wrong in this interview? interviewer had to prod me along in the right direction

Any tips for future batches Enjoy the interview! It is actually great fun, and if the
on the basis of your interviewer realises you’re enjoying it, it acts as a huge positive!
experience

Deloitte
Interview Experience 12

Name: Abhinandan Pandey


Company: Deloitte

Name of interviewer and


designation

Round 1st Round : HR


(First/Second/third) 2nd Round : Case based
3rd round : Case based + presentation round

Brief Profile : Bengal Engineering & Science University, Shibpur


(Graduation College, Electronics & Telecommunications Engineering
stream, Work ex details, Ericsson India Global Services Pvt. Ltd. – 35 months
etc.)
Interview questions (With Round 1: Questions on hypothesis testing (I had mentioned
indicative answers if you QAM as my subject of interest)
choose to share them) Why consulting, Why Deloitte, Asked me to sing as I looked
nervous in the beginning of the interview, How your analytical
skills will help in consulting.

Round 2: It was a case based round. A case was provided


which dealt with the sources of revenues and profit and the
various advertisement mediums to be reckoned for the
summer Olympics in 2015. It was a calculation intensive case,
so it involved simple calculations for which the interviewer
gave some time. Went for around 40 minutes

Round 3: The case which was discussed in Round 2 had to be


presented to a senior partner. What followed was an in-depth

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discussion on the same case and another case. This round
lasted for around 30 minutes.

Narration of the case Summer Olympics will take place in 2015. Our customers are
interview (Please be as conducting the event.
descriptive as possible) What are the major sources of revenues for them?
Major sources of profit?
What are the costs involved?
How will you price the tickets to earn so and so amount of
profit?
How will you make a team. How will you prioritize the tasks?
What do you think went I was confident and bold enough to think on my feet.
right in this interview? The interviewers seemed more interested in how one
approaches a problem. They were complicating the problem
as I got deeper into it. The key is to consider all possible
aspects and quickly chose the best possible alternative as a part
of the questions which were asked.
Might sound like a cliché, Thinking out Loud helps a lot!
What do you think went I fumbled in 2 instances. There are times when the answers
wrong in this interview? just don’t strike! But keep your calm, keep thinking as there is
always a next question and there is always a better way to
answer the next question!
Any tips for future batches
on the basis of your
experience

Interview Experience 13

Name: Anmol Mahajan


Company: Deloitte US S&O
Name of interviewer and Senior Manager
designation

Round 3 Rounds
(First/Second/third)

The Consulting & Strategy Club, IIM Lucknow Page 35


Brief Profile : B.Tech in Electronics and Electrical Comm. Engg. from IIT
(Graduation College, Kharagpur (2010).
stream, Work ex details, Worked for three years as R&D Design Engineer at Analog
etc.) Devices, Bangalore

Interview questions (With Round 1:


indicative answers if you In this round, I was asked some basic HR questions like,
choose to share them) Tell me about yourself? Why did you choose consulting as a
career? Why Deloitte? Long term goals? Questions regarding
my prior work experience and my role and scope in R&D.

Then the interviewer introduced himself and we briefly talked


about his role at Deloitte for some time where he answered
some of my questions on his career.
He asked me if I had any questions regarding Deloitte as a firm.
I responded with a question to which he gave a detailed
response.

No guesstimates or case questions were asked in this round and


it primarily focused on HR questions and clarity about my long
term goals.
This was an elimination round and some of the candidates were
eliminated after this round.

Round 2: Case based round with two Senior Managers


Round 3: Synthesis presentation round with two senior
managers.

Narration of the case Round 2:


interview (Please be as Round 2 was with two Senior Managers from Deloitte. There
descriptive as possible) were a few HR questions primarily based on why consulting as
a career.
Then the interviewer told me that this is a case round and if
analysis is done right I would be expected to come up with apt
recommendations for the client.

The client is an automobile firm with an annual turnover of


around $10b. Our client has a parts supplier which has an
annual business of around $400m (90% of their total business
was done with our client). On one day, our client company’s
CEO gets a call from their supplier that due to financial
troubles, they are going to shut down operations from next
month onwards. The case was about recommending solutions
to our client in this scenario.
The Consulting & Strategy Club, IIM Lucknow Page 36
I started by asking questions regarding the business model of
the automobile client, their other suppliers, current inventory
of parts with our clients and when will they exhaust it,
environmental factors like geographies they operate in,
availability of substitute suppliers in these geographies.
From the responses to such questions it became clear that a
solution was to found with their current supplier itself. So I
started asking them questions regarding the details of financial
problems the supplier was facing. Upon few of such questions
I was given a data sheet with 5 to 6 tables detailing the various
factors like direct costs, overheads, expenses, number of units
sold, unit price, environmental factors like industry comparison
of costs, labour unions etc. at each of their three plants.
After this, the discussion was more quantitative in nature with
me calculating present profits/loss for each of the plants,
suggestions for cost reduction based on industry comparisons
etc. These questions primarily focused on the ability to
understand the data given in various tables and link them with
each other and come up with tangible parameters through some
number crunching.
Once this analysis was done, he administered another angle by
giving an option to our client to invest $10mn in the supplier’s
firm in return of advancement of technology which would lead
to reduction in prime cost. He asked me if our client should
make this investment.
I asked further questions on time factor as to if we invest now
how far from now would we see reduction in costs. He said we
would analyse two situations one where the returns are
immediate and the other where the reduction in costs is earned
three years down the line.
For the current scenario, since I had already calculated the
profitability/loss of each of supplier’s plant, it was easier to
calculate the benefits of the investments. For long term analysis,
I answered that we would have to look into NPV of our
investment with discount factor depending on many risk
factors. We briefly discussed about what could be the risk
factors given the data in the data sheet. On this he was happy
and said that I would have to present the synthesis of the case
in the third round.

Round 3:
The third round was act based with a senior manager acting as
a client. I briefly gave the synthesis of the case with my

The Consulting & Strategy Club, IIM Lucknow Page 37


recommendations. This was followed by a few counter
questions asked by senior manager (acting as a client) which I
answered briefly. Once they were satisfied with my answers, we
went back to normal mode where few questions regarding the
expectations from the internship, expected learnings, etc. were
discussed.

What do you think went - Preparation of HR answers and knowledge about


right in this interview? Deloitte and the role on offer
- Ability to perform basic calculations at a good pace
- Exploring various avenues of solving the case and
giving logical pros and cons of each

What do you think went


wrong in this interview?

Any tips for future batches


on the basis of your
experience

Interview Experience 14

Name: N Susheel Kumar Reddy


Company: Deloitte US S&O
Name of interviewer and Rd1,2 - Senior Manager
designation Rd 3- Partner

Round 3 Rounds
(First/Second/third)

Brief Profile :
(Graduation College, Mechanical Engineering from IIT Madras
stream, Work ex details, Work in Caterpillar – 35 months, operations
etc.)

The Consulting & Strategy Club, IIM Lucknow Page 38


Interview questions (With Round 1:
indicative answers if you Tried to unsettle by saying you are in the wrong room, and I
choose to share them) worked for your company so expect really tough questions

Why consulting and why deloitte?

Few questions from work, and then extracurriculars.

Guesstimate on stadium gate receipts for Indian Hockey


league? No.of matches played, no.of seats in each stadium,
occupancy rate, etc. were calculated

What are your long term goals?

Round 2:
Case on a firm which has 3 plants and is making huge losses.
Data sheet is given with details of cost and productivity of all
3 plants.
We decided to look into the costs being incurred, split the cost
into 3 buckets – Wages, Material and overhead costs.
Material had no scope of cost reduction, Wages – we
identified in plant 3 the no.of salaried were more than hourly
hence more cost. Similarly in overheads – Plant 3 has too
much inventory holding cost.
So we decided to reduce these costs, but even reducing these
didn’t turn a profit so we decided to shut plant 3 and move
the production to plant 1 and plant 2
Later I gave suggestions on how to raise cash for increasing
the production in the other 2 plants – Money by selling plant
3, Loan or money from market
Later did profit analysis to prove the investment is giving good
profit
Round 3:
Had to present the case I did in Round 2 to the partner – he
was acting as the client whose case we took up and solved.
Drew the tree structure and explained him how we went about
each and every bucket before identifying root causes.
Possible solutions for root causes and suggestions to improve.
The partner kept asking many questions, not agreeing to most.
He was only satisfied when the arguments made were based
on numbers.
Later he asked basic HR questions like, what field of
consulting would I choose? Why deloitte? Etc.

The Consulting & Strategy Club, IIM Lucknow Page 39


Narration of the case Mentioned Above
interview (Please be as
descriptive as possible)

What do you think went


right in this interview?

What do you think went


wrong in this interview?

Any tips for future batches


on the basis of your
experience

KPMG

Interview Experience 15

Name: Prince Arora


Company: KPMG Advisory Services
Name of interviewer and 2 interviewers over a video call. Do not recall their name and
designation designation

Round Only One Round


(First/Second/third)

Brief Profile : Fresher, Dual Degree IIT Madras [8 pointer]


(Graduation College, Member of The Consulting & Strategy Club
stream, Work ex details,
etc.)
Interview questions (With Round 1:
indicative answers if you Tell us about yourself. Questions on Business Current Affairs,
choose to share them) leaders. Why KPMG? Who all are its competitors? What are
its business lines? A few questions on FRA acronyms and
their importance (like EBITDA)

The Consulting & Strategy Club, IIM Lucknow Page 40


Narration of the case Estimate the market size of Biscuit Industry in India.
interview (Please be as It was a guesstimate. They gave me some time to work out the
descriptive as possible) solution but I made some quick assumptions and took them
through my thinking process. I solved the case from supply
side. Then once I was done, I asked if I should solve it from
the demand side as well. The interviewers asked me to
elaborate upon the way I’ll go about it.
Came up with a ball park figure.
What do you think went The guesstimate and the level of enthusiasm shown towards
right in this interview? solving it. I think they were looking for the right approach and
not the correctness of the final figure.

What do you think went I messes up a little on the company specific questions. Do go
wrong in this interview? through the Company RG before you enter the interview.

Any tips for future batches Stay confident. They seem to like people who are confident
on the basis of your about what they speak. If you don’t know an answer, tell it to
experience them politely.

McKinsey & Co
Interview Experience 16

Name: Abhishek Gupta


Company: Mckinsey & Co.
Name of interviewer Involved an Associate Partner (Pradeep), Partner (Navtez)
and designation

The Consulting & Strategy Club, IIM Lucknow Page 41


Round All
(First/Second/third)
Brief Profile :
(Graduation College, NSIT (2011 Passout)
stream, Work ex details, 18 months in J.P. Morgan and 5 months in Reliance Capital
etc.)
Interview questions Round 1: Short tell me about yourself. Then one guesstimate
(With indicative answers and then a case discussion
if you choose to share
them) Round 2: Tell me about yourself. HR question on leadership
qualities and instance related to that. Case discussion.

Round 3: Purely HR with partner, asked questions on why not


finance, why consulting, why Mckinsey?

After each round you will be asked if you have any questions
for the interviewer, if you have some good questions then do
ask, but do not ask for just for the sake of asking.
Narration of the case Round 1: Guesstimate: Value of a bulb with infinite life
interview (Please be as (involved basic DCF calculation, evaluation of expenditure
descriptive as possible) you might do in case of a normal bulb).
Case: Problems that a truck association might be facing in
getting truck drivers (possible problems and solutions for
those). Be innovative as possible. Although I didn’t reach the
exact problem in the end (only got to know this after the
interview from a friend), but explored quite a few areas to get
through to the second round. The interviewer was very silent
and unresponsive, you just had to carry on with the case on
your own. A solution to the truck problem was that the people
got AIDS as they went at different places, and then they had
problems getting married. Second was that there were health
problems, due to them eating food at different places and
uncomfortable seats, no proper place to sleep.

Round 2: Case: Why a shipping company is going in loss.


Evaluate the possible problems and suggest solutions.
Suggesting solutions to every case in the end will be required
and this is where one’s idea generation will be tested. Also
involved testing of quant skills, specifically math calculation
required (basic but one can panic under pressure).

What do you think went Being calm and confident, thinking on the feet really helps. I
right in this interview? had already gone through a fair set of interviews before, so
wasn’t nervous at all. While you would have done an umpteen
The Consulting & Strategy Club, IIM Lucknow Page 42
number of cases before hand, but every case will be new and
will require you to go to different breadth and depths. While
case solving remains a very important part, they also test you
on your HR skills. The second round was the deciding factor,
after which directly there was a partner round. In the end
managed to convert the call. Finally, it was very important to
smile over the course of interview which lasted 30-45 mins
What do you think went To be frank, I think everything went right for me in this
wrong in this interview? process. Although I did miss out the exact cause of the
problem in the first round but wasn’t so much a big deal. The
way you structure your thoughts is more important.
Any tips for future To me case solving had much more importance in the course
batches on the basis of of the interview, but HR answers shouldn’t be ignored for
your experience sure.
Make sure you are properly dressed. You get evaluated on
every aspect.

Interview Experience 17

Name: Anonymous
Company: Mckinsey and Company
Name of interviewer Rounds 1,2: Case Study
and designation Round 3: HR
Round 3 Rounds
Interview questions Round 1:
(With indicative answers 1.) Tell me something about yourself?
if you choose to share 2.) Convince me to sell my company even when it is doing
them) very well in the market.

Round 2:
1.) Case study on Indian Telecom sector

Round 3:
1.) McK vs BCG question
2.) 5 ways India can win 5 Gold medals in upcoming
olympics

Narration of the case Case 1: Selling the Company


interview  Started by giving financial benefits of selling the
company.
 Gave implications on entrepreneurship front, brought
views surrounding family society
The Consulting & Strategy Club, IIM Lucknow Page 43
Case 2: Indian Telecom Sector
 Case was about increasing revenues from Mobile apps.
 Started with geographical expansion of the company
service by looking at various strategies (M&A,
Alliances, Joint venture etc).
 Went ahead and looked at companies promotional
strategies, delved into customer segmentation for better
targeting.
 At last suggested some modifications in apps to make it
more users friendly and appropriate for smart phone
users.
What do you think went  Case went well, Interviewers were happy in both the
right in this interview? cases about the approach I took.
 Were happy about my past work ex
What do you think went  I could have better put recommendations in cases
wrong in this interview?  Could have brought more practical examples during my
HR answers
 Engagement with partner could have been better.
Any tips for future  Keep Structured approach throughout interviews
batches on the basis of  Consistency within answers is important
your experience  Be confident and calm on D-Day.

Interview Experience 18

Name: Aviral Srivastava


Company: McKinsey
Name of interviewer and Vikas Bhadoria, Partner
designation Shivanshu, Principal
Mukund Sridhar, Associate Partner (Not sure)
Round
(First/Second/third)

Brief Profile : B.Tech Mechanical Engineering from IIT(BHU), Varanasi.


(Graduation College, One year work-ex as Analyst in Inductis, Gurgaon (Analytics
stream, Work ex details, consulting).
etc.)

The Consulting & Strategy Club, IIM Lucknow Page 44


Interview questions (With Round 1: Tell me something about yourself not in your
indicative answers if you resume. (I talked about how being a good student in school
choose to share them) opened up avenues in leadership and extra-curriculars and
shaped the person I am).
Turning points in my life that shaped me. Regrets in life. A
short description about my work at Inductis. And then case.

Round 2: A very brief tell me about yourself. How did your


previous interview go according to you? Couple of things
about my interests in meditation. And then case.

Round 3: I was ushered in within 5-10 minutes of my


previous interview. Mckinsey had made us fill a subjective
sheet during out Aptitude test. Mukund had access to the
sheet. He asked about a regret I had written: My CGPA in
college.
He asked if I had any questions about Mckinsey and my
company priorities. A little chitchat and that’s all. This round
hardly lasted 5 minutes.

Narration of the case Round 1: Vikas brought in the case decisively (not as a gradual
interview (Please be as flow in conversation): “My friend owns a standalone cinema
descriptive as possible) theatre in Mumbai. Profits and revenue taking a hit. What
should I do?”
I started the case with the usual qualifiers (since when, what
has changed, industry, competition, type of movies, location
etc). I made a structure but he sounded disinterested. Kept
throwing me off my game with vague disinterested hints.
None of my directions seemed to appeal to him. I persisted.
Took some timeouts to rethink approaches. Came up with 3-4
approaches before we went into one. Then he asked me to
ideate.

Round 2: I am a shipping company. And my profits slipping.


Give an exhaustive list of things you will evaluate.
I did reasonably well. I missed the factor of fuel and he
pointed it out.
New scenario: cost in fuel changed drastically 3 years ago.
What will be your current profit/ loss if the fuel cost hadn’t
changed?
Sounds simple and it was. I kept looking for a trap and started
number crunching only after a minute. The moment I got the
number, he seemed satisfied. He asked me to give
recommendations. And I took a 20 sec pause to structure
The Consulting & Strategy Club, IIM Lucknow Page 45
recommendations instead of hurtling them all out. The
interview ended here, on a much more positive note
compared to the first one.

What do you think went I was calm across interviews and somehow managed to leave
right in this interview? the stress at the door before all rounds. I received positive
feedback regarding this later on.
Round 1: My HR answers were interesting, passionate,
structured but natural. I never gave up during the case and
persisted despite several setbacks. I didn’t mind starting from
scratch repeatedly. My idea-gen was adequate.
Round 2: I gave an honest and humble feedback about round
1 when asked. Initial structure during case was ok (I missed
fuel, but he pointed it out). Most importantly, I could crack
the math in the case in my first attempt (it was quite simple
really, but turns out, many silly mistakes were made during the
day). I managed to structure my recommendations as well and
generate several relevant ideas.
Round 3: Frank genuine answers about my academics and
work experience. He asked about people at my previous
company, expectations from Mckinsey etc.
What do you think went Round 1: I didn’t think my case went all that great, as the
wrong in this interview? interviewer looked disinterested throughout and kept
redirecting me. Halfway through the case, I realised that
cracking the case was out of the question. I came out of the
interview apprehensive but luckily was ushered into round 2
before I could dwell on it.
Round 2: I entered the interview unsure, given my
performance in the first interview. I kept trying to give
subjective solutions and state assumptions when all the
interviewer wanted was simple math. I kept thinking the case
can’t just be simple maths, but initially it was!
Round 3: I was mentally prepared for a case but there was
none.

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Any tips for future batches Prepare on your CV. You need to have recall value in the eyes
on the basis of your of the interviewer. Structure HR answers. But they will sound
experience natural only after practice. It helps if you have 2-3 USPs in
your mind. For example, I had quizzing, meditation and a
childhood abroad.
Never give up in a case. Keep your cool as people get unsure
of simple math during cases and literally end up doing written
calculation where mental should have sufficed.
Don’t read too much into the interviewer’s body language
(unless he’s giving you hints during a case). Take pauses
during cases but don’t let the silence get heavy.
Each interviewer may ask you at the end if you want to ask
him something about the company. Don’t do DCP. Ask him
genuine questions that you think that a person of his stature
and experience can answer better than a younger employee at
the firm.
Do not judge your own performance in the interview. You
will never know what the interviewer is thinking. You might
have been given a tough case just to see your response.

Interview Experience 19

Name: Ishani Roychowdhury


Company: McKinsey & Co.
Name of interviewer Round 1: Gunjan (Partner)
and designation Round 2: Vikas (Partner)
Round 3: Navtez (Partner)

Round Three rounds in total (third round was purely HR)


(First/Second/third)
Brief Profile :
(Graduation College, Economics Honours from St. Stephen’s College, 21 months
stream, Work ex details, of work experience at Bain Capability Center (BCC)
etc.)
Interview questions Round 1: Tell me about yourself, followed by related
(With indicative answers questions on my answer, why consulting. Next 15 minutes was
if you choose to share a case. Ended with a brief discussion about the Partner’s
them) consulting career so far.

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Round 2: Follow-up question on an answer that I had written
in the HR form filled a week earlier. This was followed by
questions on my work experience and how the BCC model
works. This was followed by two quick cases.

Round 3: Pure HR round


Narration of the case Round 1: This was the first case of the day for the Partner and
interview (Please be as we spent 12-15 minutes on HR at the beginning. She asked me
descriptive as possible) about myself which I had prepared well. That led to questions
around my career decisions, a bit about my work experience
and society work at undergrad college. This was followed by
the case. She gave me two choices and asked me to pick one. I
chose the IT case.

Case statement: I run a software company which sells


accounting software in India. Before launching accounting
software, I had hired a market research firm who estimated
the market at Rs.XY (some figure). However, in spite of
having a share of 45%, we have not been able to penetrate the
market any further.

The idea was to start with exhaustive qualifying questions that


covered competition, region of operation, industry dynamics. I
figured that the problem did not lie in the company per se, but
in their target customers. They focused mostly on the SMEs
who used traditional accounting books rather than accounting
software. I was also abruptly stopped in between, after which I
quickly synthesized and gave in my recommendations. My
recommendations were around creating awareness to migrate
more people to online accounting applications

She asked me if I had any questions for her. I asked her a


question which extended the discussion for 5-7 more minutes.

Round 2: 2-3 questions on the HR form submitted earlier.


This was followed by a detailed discussion about my work
experience, some case examples from my previous work, the
BCC model and how it works and why consulting.

Case statement: My friend owns a single theatre in a metro


city, has been losing profits steadily. Suggest ways to improve
his profitability.

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The case was about generating options and the Partner kept
insisting on more suggestions. I looked at the revenue and the
cost side separately, divided them into short term and long
term plans, and tried to logically structure my suggestions. For
the revenue side, I had gone by the customer purchase process
approach to ensure nothing is missed.

This was followed by a second case which was a guesstimate:


Another friend of mine wants to sell tennis balls in India.
Estimate the demand. The approach was usual, starting with
sources of demand and estimating it using population.

Finally, he asked me if I had any question for him. I had a


question and the discussion went on for 5 more minutes.

Round 3: This was the most interesting interview experience


of all. I was told it was like a hygiene test before I went in, and
I was relaxed yet energetic.
The partner looked at my HR form and asked me similar
questions, as in my previous interview. The discussion
touched upon various topics- mostly around my work
experience, family, school life and career decisions (it was like
a friendly chat after sometime and I had much to talk about).
He also asked me why I would want to join McKinsey. At the
end, he said it was a good discussion, that he thought I am fit
for consulting and felt no need to give me a case.
What do you think went In all the rounds, I was energetic, smiling and engaging. The
right in this interview? HR questions were extremely crucial which I thought went
well.
About the cases, I had thought my first round case wasn’t
great- it was my first case of the day and I couldn’t tell
whether she was happy with my recommendations. However,
later I heard from others that she was actually happy about it.
The second round cases went well- I managed to generate as
many options as he wanted, and did not give up. In fact, I
went into lot of details on the guesstimate and he stopped me
in between to ask for the final answer.
What do you think went Nothing major, I guess. The idea is not to ‘solve’ the case, but
wrong in this interview? to display your structure and your method of thinking and to
engage the interviewer throughout.
Any tips for future Be calm and enthusiastic throughout. Carry yourself with
batches on the basis of confidence and smile- that reduces the nervousness too.
your experience Prepare your ‘about me’ well because that feeds into the
discussion that follows. Also, the questions on ‘why
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consulting’ and ‘why McKinsey’ are common. Further, it’s
very important to structure your HR answers too.

Interview Experience 20

Name: Mashantha Viswanathan

Company: McKinsey

Name of interviewer and Mr. Anil Sikka – Senior Specialist


designation Ms. Gunjan Soni – Partner/Senior Partner
Ms. Aayushi – Engagement Manager
Round Ms. Aayushi - first
(First/Second/third) Mr. Anil Sikka – second
Ms. Gunjan Soni - third
Brief Profile :
(Graduation College, B.Com (Professional); St. Francis College for Women,
stream, Work ex details, Hyderabad, Analyst at Ernst and Young Hyderabad for
etc.) 11 months in the Advisory service line
Interview questions (With Round 1: HR – Tell me about yourself, one wild/fun thing
indicative answers if you I had done. Guesstimate – If I needed to increase the
choose to share them) prevalence (usage) of contraceptives in India by 20%,
what sort of a number would I be looking at?

Round 2: HR - Tell me about yourself, Working


individually vis-à-vis working with teams, how have I
dealt with people taking credit for work that I do.
Guesstimate – As head of a publishing house, I was
asked to estimate the readership for a book that I
wanted to publish

Round 3: HR - Tell me about yourself.


Narration of the case A retail chain wanting to enter India; how would I go
interview (Please be as about it? Variables and KPIs that I would look at.
descriptive as possible) Followed a value-chain centric approach; was asked
specific questions at each stage such as the kind of
metrics I would look at.
What do you think went 1) Was confident and comfortable; felt more like a
right in this interview? conversation rather than an interview (especially the
second and third rounds)
2) After a point, we were discussing the solution for the
case together (happened in the first round)

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What do you think went 1) Was initially nervous and I guess it showed in my first
wrong in this interview? round
2) Could have been more targeted with my questions
Any tips for future batches 1) Don’t get flustered; keeping your cool is very important
on the basis of your 2) Try to approach it like you’re going to meet a new
experience person rather than you’re going to face the most
important interview in your life; it helps in being
yourself => More confidence => Best performance

Interview Experience 21

Name: Pratik Goyal


Company: McKinsey & Co.
Name of interviewer Suhail (Associate Partner)
and designation Naftez (Partner)
Vikash (Partner)
Round Total 3 Rounds
(First/Second/third) Interviewers names in order
Brief Profile : St. Xavier’s College, Kolkata
(Graduation College, Chartered Accountancy Inter
stream, Work ex details, Fresher
etc.)
Interview questions Round 1: 3 structural approaches to solve the problem “ India
(With indicative answers should win 5 gold medals in 2020 olympics”
if you choose to share
them)
Round 2: About yourself not in the CV?
Why consulting?
An estimate of the total number of glucometers sold in India
in a year.

Round 3: A cinema hall whose profits are falling - Problem


finding and Recommendations. An approach to estimate the
revenue of the cinema hall and the cost was also asked.
My leadership roles and why no POR in IIML?
My entrepreneurial venture and the business logic behind it?
Why not Finance as a career choice?
Narration of the case
interview (Please be as
descriptive as possible)

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What do you think went The HR part went very well
right in this interview? The idea generation was very important and the initial two
levels in the structuring which should have incorporated a
MECE.
The ability to communicate what I was thinking was very
important in the cases.
What do you think went The nervousness was very high and so required a little time in
wrong in this interview? idea generation in the first round but kept talking to the
interviewer so that dint leave much gap and made up for the
nervousness.
Any tips for future Generally the interviews are targeted to test the idea
batches on the basis of generation ability, comfort level with numbers and the
your experience problem solving ability which form the main work of
consultants.
In the softer aspects the HR answers are very very important.
Knowing the CV is very important and should be a reason for
why u did what u have, and it will generally be a part of all
interview rounds.

Interview Experience 22

Name: Shreya Sachdev


Company: McKinsey and Co.
Name of interviewer and R1- Shivanshu (Partner)
designation R2- Vikas (Partner)
R3- Gunjan (Partner)
R4- Navtez (Partner)
Round Round 2
(First/Second/third)

Brief Profile : B.A. (Hons) English- Lady Shri Ram College for Women-
(Graduation College, Fresher
stream, Work ex details,
etc.)

The Consulting & Strategy Club, IIM Lucknow Page 52


Interview questions (With All three interviews revolved around my educational
indicative answers if you background (I’m the rare breed of Literature students that
choose to share them) occasionally crop up here) and how that fit in with IIM
Lucknow and Consulting. I was also asked about my
internship with a Fashion House and my motivation behind
taking it up. Finally I got asked about my expectations from a
Consulting job.
The interviews ended with me asking each of the partners
questions.
Shivanshu was working on a data- heavy project so I asked
him about how he dealt with the more mundane aspects of
Consulting.
I had a prior interaction with Vikas at the McKinsey dinner
and I continued with the same discussion regarding
Entrepreneurship opportunities at McKinsey.
Gunjan and me spoke about opportunities for women at
McKinsey and the initiative she had started regarding the
same.
Navtez was working on a case in the same sector that my
father works in, so we discussed the current challenges faced
by that sector.

Narration of the case “My friend runs a standalone theatre in the heart of Mumbai,
interview (Please be as but has recently been witnessing declining profits.”
descriptive as possible)
I initially structured it into a regular profit and loss case, but
after the first 4-5 minutes (possibly because he gathered that I
had no problem structuring the case) he jumped directly to
recommendations. The rest of my case focused solely on me
shooting options as to how he could possibly increase his
profits. The suggestions included the obvious ones such as
price of tickets, show timings, staff requirements etc, and then
we went on to other areas such as the Food and Beverages
counter, Parking and so on.
At that point, after we had exhausted all avenues he asked me
to come up with out-of-the-box solutions, and we spent the
rest of the interview solely on idea generation.

The Consulting & Strategy Club, IIM Lucknow Page 53


What do you think went I was smiling and confident throughout the interview even
right in this interview? though I was convinced that I had quite possibly tanked the
case interview before this.
I could bring myself to look outside my structure and give him
solutions over and above the ones

What do you think went I didn’t ask for numbers, possibly because numbers were
wrong in this interview? where I had messed up in the last case. If I had gotten over
the phobia in time the case solutions I presented would have
had more of an impact.

Any tips for future batches Reading the cues and expressions of the interviewer always
on the basis of your help.
experience Apart from that don’t make the mistake of getting trapped by
your structures because McKinsey partners usually tend
towards unorthodox case interviews.

Summer Internship Experiences 2012

Boston Consulting Group

Interview Experience 1

Name: Mohit Agarwal


Company: Boston Consulting Group
Name of interviewer Navneet Vashisht, Partner
and designation
Round 3 Rounds
Brief Profile Chartered Accountant, Graduate from SRCC; Prior work
experience -22 months as Associate in BMR (tax consultant)
and Ernst & Young (Transaction Advisory Services)

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Interview questions Round 1:

Some basic questions like Why consulting and why BCG.

Case on acquisition strategy of a large Indian conglomerate


looking for diversifying into IT services.

I took a complete background check with regard to the


motivation behind diversifying into IT sector. Also, what
kind of IT businesses it wanted to diversify.

The interviewer suggested that they want to achieve revenue


of USD 5Bn from current USD 4Bn. Also, they want a
margin of 12-15% from this new business. Also, the major
consumer of IT services are Europe and US.

So, I divided the problem into two parts – 1. Whether IT


business would serve them the purpose for achieving
desired revenue. 2. If yes, then what would be the strategy
for entering into IT services?

I started off with the projected revenue estimates for all


types of IT services. However, the interviewer changed the
problem statement (due to paucity of time I suppose).

He asked what would be the basis for selecting companies


from an acquisition standpoint from an initial pool of
companies across the globe.
I came up with two matrix table wherein I stated what the
Indian conglomerate wants from the acquisition (ie Need)
and what it can offer to the target company (ie want of
target) and tried to match it.

The interviewer informed that the Indian conglomerate was


cash rich company, stands on its values and has strong client
relationship with manufacturing sectors / vendors.

So I started linking all of them –

 funding – requirement for cash strapped companies


 Reputation – It can offer brand value to companies not
well known

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 Client relation to leverage – Companies not present in
manufacturing IT services.

Also, during discussion, I linked the problem practically to


how Mahindra went on to acquire Satyam and what factors
it looked before bidding. I think the interviewer was
impressed with the linking to case to practical situation.

However, I think the interview did not go so well. However,


I knew I would be given another chance to perform.

The interview ended on brief chat with Hindi literature on


poetry and short stories.

Round 2:

The interview was taken by Principal in BCG. Problem


Statement – An Indian Cement market share is declining.

MA: Define market share?


Interviewer: Market share is defined by quantity and sales
value.

MA: There could be 3 possible scenarios: Market stagnant,


we are losing out to competitors; Market growing but we are
not growing as fast as market; market shrinking but we are
losing more than our competitors.
Interviewer: Second scenario

MA: Major customers


Interviewer: Real estate companies

After a brief background question, I started off with the


problem analysis.

I broke the problem into Demand and Supply side.


Under demand side, I mapped the consumer behaviour
analysis of buyer and brought out several points. However,
the interviewer was interested in delving into supply side.
Anyways, he told me to analyze demand side.

Based on our discussion, we realized that pricing and timely


delivery was an issue. Pricing is based on cost plus pricing.
Cost includes transportation cost which was significantly
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higher than industry standards. High transportation cost
stems from the fact that the factory was located far away
from the market. Also, acquisition of lime stone has been a
challenge for the company.

I think the interviewer was impressed from the fact that the
problem was solved from the demand side. Also, I quickly
suggested 2 solutions to the problem:
 Short term – Reduce prices and take a hit on profit to
regain market share
 Medium term – Follow hub and spoke model to
reduce delay in delivery time
 Long term – Acquire a source (may be mine or long
term supplier) for lime stone

The interview ended with HR questions as to – why MBA


after CA, why consulting, why BCG and why not industry
after CA.

Round 3:

The third round was a very brief round. The problem


statement was – Whether Uninor bid for the next spectrum
auction?

I took background questions regarding in which circle it


operates and its vision in India.

I suggested that I would do a Net Present Value analysis and


would bench mark against return expected by Norway Head
Office. We went into revenue stream like voice and data.
Cost included operating, spectrum, license fee etc.

He seemed to be satisfied with the response. Also, he asked


me why AT&T is not bidding for the spectrum. I explained
that Uninor has invested time, effort in understanding
Indian market which AT&T has not. I drew learning curve
of both Uninor and AT&T. He seemed impressed.

At this stage, the Partner made an offer and I accepted it.


Narration of the case Explained above
interview

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What do you think I think structured approach to the problem and able to
went right in this articulate it well went right in the interview. Also, I linked
interview? the problem to practical situation which helped me in
cracking the case.

What do you think I was nervous in my first interview; hence initially I went in
went wrong in this haywire manner. However, I was told that one needs to
interview? perform in 2 out of 3 interviews to get through. I did well in
my second interview and hence moved to third round. So in
case, you do not do well in one of the interview, it should
not matter. It’s important to think clearly and structurally.

Any tips for future 1. Be calm and composed. Even if one interview does
batches on the basis of not go well, one would have another chance to
your experience perform
2. Take good background questions to understand the
problem. Dissect the problem and then approach
3. Structured thinking is very important. Also, explain
briefly the broad bucket in the structure.
4. All suggestions should have some basis based on the
inputs taken during t he interview.
5. Thorough CV and HR preparation are hygiene
factors.
6. Always smile!

Interview Experience 2

Name: Shraddha Gupta


Company: Boston Consulting Group
Name of interviewer Rahul Jain, Partner ( First Round)
and designation Seema (Second Round)
Brief Profile Economics Honours, St. Stephen’s College
No Work Ex
Interview questions Round 1: What drives you to do well at academics?

A truck company has just entered India. They want you to


design a financing strategy for them. Basically they want to
ensure that people who want to buy their trucks will have
access to financing.

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Round 2: The government wants to redesign the way it
supplies vaccines to rural areas. What parts of the supply
chain will you outsource?

Round 3: NA

Narration of the case The partner started off by asking me about academics (I had
interview a really high CGPA that time) and I asked him a bit about
how he was also one of the top rankers in his time at
Lucknow (he’d mentioned this at the BCG dinner earlier).
He then gave me the case question. I started by focussing on
the different factors that were important for a person to get
loans from banks (like creditworthiness, availability etc.) He
said the structure was fine but he wanted me to focus more
on the link between financing and the truck purchase. So I
figured out that I needed to understand their target
customers better. We discussed that for a while. It turned
out that there were two kinds of customers (forming 50% of
the total each) One was large fleet owners who bought lots
of trucks together and had no trouble with financing. The
others were smaller ‘players’. They took a loan from a local
moneylender and used the purchased truck as collateral. So I
suggested we focus on the smaller guys (because they did
not have access to traditional financing) and try to get the
moneylenders to promote our trucks. He then drew a
couple of graphs and asked me to figure out what kind of
monetary compensation we could offer the moneylender.
What do you think The case was really different from the ones I had done
went right in this earlier so I really enjoyed it. It didn’t really feel like a case
interview? interview at all, felt more like a discussion. I was able to pick
up the clues well.

What do you think Can’t think of anything.


went wrong in this
interview?

Any tips for future Try to have fun. Don’t fret too much about how many cases
batches on the basis of you have practiced.
your experience

Interview Experience 3

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Name: Wamika Mimani
Company: Boston Consulting Group
Name of interviewer Navneet (Partner)
and designation
Round First
Brief Profile St. Xavier’s College, Kolkata; B.Com Honours, CA Inter,
Fresher
Interview questions He asked me for a quick introduction. We spoke briefly
about IIM Lucknow and then he straight off headed to tell
me about the interview pattern. He told me that we’d do a
case and then move on to discuss any questions I had about
the company.

Narration of the case The case was about an Indian conglomerate entering the IT
interview space. I was asked to prepare a detailed market entry
strategy at the start. When I outlined that he could opt for a
JV, an acquisition or an own set-up, he asked me to probe
further into the JV idea. From there on, the case was about
identifying specific metrics to ascertain the best JV route. It
was a very spontaneous case discussion, and we covered a
variety of opportunities, problems and solutions in and
around the original problem statement.
What do you think I kept my cool. At one point, I realised that he was not
went right in this getting the specific reply he wanted. Instead of panicking, I
interview? asked for a minute, took a step back and reworked the
problem successfully. What worked most was the level of
engagement with the interviewer. Post the case, we had an
excellent dialogue about the sector in which he was working
on a case.

What do you think I rushed to give a particular answer in the case, which was
went wrong in this absolutely unnecessary. It was crucial that I didn’t get
interview? nervous after that.

Any tips for future Keep high energy through the interview. Feel confident and
batches on the basis of remember that, at the end of the day, an interview should
your experience most importantly be a good conversation.

Round Second
Name of interviewer Vikram (Principal)
and designation

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Interview questions He asked me to talk about the past 8-10 years of my life
briefly. He told me that he’ll administer a case, and that he
didn’t expect me to solve the case. He clearly told me that
he was testing me on my approach and the questions I
asked.

Narration of the case The case was about a cement company losing market share.
interview It has set up new plants too. There was some amount of
data to play with and a lot of technical jargon (which I
suspect was to just throw me off track!)

What do you think I structured the problem in a very detailed manner. I asked
went right in this relevant questions and took my time. I also got lucky that
interview? intuitively I managed to find the root cause of the problem,
though it wasn’t expected out of the case. The rapport with
the interviewer was good during and after the case.

What do you think Nothing really, I was quite happy with how the interview
went wrong in this went.
interview?

Any tips for future Look happy, it rubs off on to the interviewer as well! It’s
batches on the basis of important to practice ample cases so that you’re confident
your experience with your problem solving.

McKinsey & Co

Interview Experience 4

Name: ANURADHA TYAGI


Company: McKinsey & Co
Name of interviewer Round 1: Pradeep (Principal)
and designation Round 2: Navtez (Partner)
Round 3: Mandar (Partner)
Brief Profile Shri Ram College of Commerce, Delhi University,
Economics (Hons), Analyst in the Advisory Practice at
Ernst & Young

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Interview questions Round 1: Apply Econometrics and other Economics
concepts to define the distribution of ticket price between
Lufthansa & United Airways if a passenger pays INR 50,000
to fly the route Delhi-Frankfurt-New York.
(Lufthansa takes the passenger till Frankfurt and United
Airways from Frankfurt till NY)

Ans : Bargaining power, occupancy ratios, original ticket


costs for standalone routes-Range for Lufthansa is INR
(15,000-30,000) & Range for United Airways is INR
(35,000-45,000)

Round 2: Presentation to the industry about projections of


supply & demand of Oil & Natural Gas in India by 2025.
Explain all parameters involved in the projections

Ans: No clear-cut answer in this case. Was tested on general


understanding and ability to tap as many levers as possible

Round 3: You seem to be inclined towards Theatre. Let us


try and understand the functioning of Kingdom of Dreams,
Gurgaon-its profitability and possible recommendations if
any

Ans: Again, case involved numbers and exploring several


factors. I don’t remember the exact answer but the revenues
came to approximately 5 crores annually, not too sure.
Narration of the case All three cases stemmed from casual conversations with the
interview respective people. The first one started with talk about my
favourite subjects within Economics, the second was after I
was asked about my background (my father works with RIL)
& the third was when my interest in theatre was questioned.
Hence, the point I am trying to make is that please be clear
about what you speak because your case can be an off-shoot
of the conversation.

CASE 1: My questions resulted in me getting details about


the occupancy ratios of the two airlines, competitor airlines,
routes travelled by both the airlines, preference of
passengers etc. The right questions and numbers helped me
clarify relevant points & discuss some economics concepts
which the interviewer wanted to see.

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CASE 2: I was not given any data or prior information and
hence had to make assumptions and clarify my logic at each
stage. Started with 3 scenarios-worst, expected & good.
Went on to explain why demand in this industry would
always grow & hence supply should be the focus. Delved
into India’s dependence on imports, bureaucracy issues,
treaties with other nations-India-Afghanistan pipeline,
political scenario of OPEC countries & other oil rich
nations like Iran, geologists & their ability to tap the right oil
fields, Risk Analysis-Probability & Severity of finding oil in
India (this point fetched me great review) & of course, not
to forget the regulatory environment in India & Public-
private players in the Industry.
Some substantial arguments were discussed and I came up
with some other parameters & a conclusion.

CASE 3: In order to understand the case, I questioned


about the revenue levers and what I think was the business
model-different shows-main v/s others, footfall, income
through business besides shows, peak season etc.
Discussed cost levers & made a couple of recommendations
based on the parameters.

What do you think Structured cases, exhaustive option generation, relaxed &
went right in this confident personality and ability to build a connect with
interview? each administrator in all rounds

What do you think Nothing really. I maintained my cool and came across as
went wrong in this relaxed and composed for all three rounds. My feedback
interview? from the firm while they made the offer was that I managed
to keep myself very calm and my cases structured even
though at times it seemed difficult.
Any tips for future -Do not give up at any point in time during any case.
batches on the basis of Sometimes the case may not be your comfort area but you
your experience need to drive yourself till the end & that matters
-When numbers are thrown at you, keep your cool and work
it out without being under any pressure. It’s better to get the
right answer than mess up simple math
-Practice cases and be clear about HR answers. Nothing
should precede the other, give equal importance to both

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Interview Experience 5

Name: Harshita Kesarwani


Company: McKinsey & Co
Name of interviewer R1 - Sambit (EM)/ R2 - Pradeep (Partner)/ R3 - Palash
and designation (Partner)
Brief Profile Economics (H), SRCC, 2010
Nomura – 2 years, Fixed Income, Global Markets
Interview questions Round 1: About me and some related questions followed by
case.

Round 2: About me and HR answers around extra-


curriculars, teamwork, initiatives and leadership

Round 3: Case on a healthcare product launch with a guess


estimate. The twist was that I had to do everything without
using pen and paper. This was an interesting new challenge.
Narration of the case Round 1: Case was based on a telecom firm’s tower
interview construction costs which were higher than peers’. This was a
stress interview and the guy kept insisting on structure. I think
the important part was to keep calm and not to lose patience.

Round 2: No case

Round 3: Case was on a joint replacement product. As


mentioned, it was without pen and paper so focus was all the
more important.
What do you think Round 1: I think what really worked was patience and smiling
went right in this through the 40-45 minutes. The feedback I received was that
interview? I never stopped myself from thinking through every option
which helped in covering every possible bucket.

Round 2: I don’t think all HR answers can be prepared and


the ones I answered here were some that I had never heard
before. What really helped was that I had listed a few
situations before Summers week that described key qualities
that I would like to talk about in a specific answer.

Round 3: Not being familiar with healthcare at all, I think


what worked was taking time to understand the product and
the market. Also, the case became more like a conversation
which helped me solve the case well.

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The guesstimate was tricky to do only in the head but in the
end he was looking only for the approach and not the actual
market size figure.

Any tips for future HR answers are supremely important – run answers through
batches on the basis of people and work on the feedback.
your experience
Be prepared for any kind of interviewer. Each has their own
unique style – keeping calm is the best way to crack the
interview.

Interview Experience 6

Name: Karabi Mitra


Company: McKinsey and Company
Name of interviewer Can’t recall
and designation
Brief Profile I graduated in Economics honours from St. Xavier’s
College, Kolkata, and worked for one year in Google
Hyderabad, as an Account Strategist.
Interview questions Round 1: Case based interview ( have narrated below)

Round 2: HR based: was asked the following:


1.) Tell me about yourself, in the course of this question,
asked me about my family as well.
2.) Why consulting
3.) 2 instances of leadership
4.) Asked about music as it was in my CV that I had
taught the piano.
5.) Also, asked about my work experience.

Round 3: Case based interview ( have narrated below)


Narration of the case The first case was about a pharmaceutical company which
interview had come out with a new eyedrop which cures myopia, and
I had to price the product. Here we had to look at
alternatives, such as cost of wearing glasses all your life, and

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the amount you would be spending, and discounting the
amount you spend each year. I mentioned the cost of
glasses, doctor visits, contacts, also laser surgery etc, to
finally compute the price.
The second case which I got in the 3rd round, was also about
a medical company which was facing a problem of falling
profits. Here there were several problems, low productivity,
and falling sales as well. Here the sales force was required to
convince the doctors about its products, as they would then
prescribe the medicines. Important thing here was whether
they were targeting the right doctors who had a lot of
patients, whether doctors were already loyal to some other
company etc.
What do you think What worked in all the interviews is that I was quite calm,
went right in this and the interview was more of a discussion, rather than a
interview? question answer interaction. I think it’s best to be frank and
just treat the interviewer as someone who is actually
interested in hearing about your experiences.
As for the case interviews, it is very important to ask
questions if you have any queries, and to always let him
know why you are making whichever choices and
assumptions in the course of the case.
What do you think I don’t think anything went wrong.
went wrong in this
interview
Any tips for future Practicing a lot of cases not only with others, but also going
batches on the basis of through solutions on your own helps a lot. It is important to
your experience keep analyzing your mistakes rather than doing a lot of
cases. HR answers are probably even more important than
the case themselves, so it is important to prepare them well
in advance.

Interview Experience 7

Name: Swati Sengar


Company: McKinsey & Co.
Name of interviewer Deepak, Partner
and designation

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Brief Profile B.Com (Hons) from Shri Ram College of Commerce
23 months work experience with KPMG

Interview questions Since it was Deepak’s first interview of the day, he didn’t
want to do a case. It was a 20-30 minutes HR interview. The
broad questions were:
- About work experience ( I focussed on achievements
and initiatives)
- About dance (my spike as per my CV: I focussed on
leadership skills, handling failures and motivation
skills adopted)
- Biggest failure in life
- Conflict management techniques used in teams
- Academic performance at IIML (he was referring to
my CGP of term 1)
- Life at IIML ( I focussed on my learnings, positive
and negative aspects)
Narration of the case No case
interview

What do you think Since it was my first interview of the day, I was quite
went right in this enthusiastic and had a big smile on my face (appearance is
interview? very important). I was relieved when Deepak told me that
he didn’t want to do a case. I tried to answer in a story-
telling format (its important that the interviewer understands
the flow of the answer).

I believe my energy level was good and I was quite


confident while conversing with Deepak (important to note
that its a conversation and not a question-answer session).

Before entering the room, a senior had told me that Deepak


was in Australia for 2 years so I brought it up in the
conversation.

Also, Deepak was among the first batch of students who


were recruited by McKinsey. I asked him about his
experience and he seemed quite emotional about it.
What do you think For a few questions like biggest failure in life, I first gave an
went wrong in this answer which he thought was an achievement and not a
interview? failure. Later, I substantiated the answer with another
instance which seemed to satisfy him.

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I was using my hands a little too much and I think Deepak
was getting distracted by the movement.

Any tips for future - Its very important to keep energy level high
batches on the basis of - Engage the interviewer in a conversation and don’t
your experience stop yourself from saying something by virtue of
being the interviewee. Give yourself importance and
talk proudly about your past experiences
- Pick up hints thrown by the interviewer
- A firm handshake always works and exudes
confidence
- Don’t freak out and have fun

A T Kearney

Interview Experience 8

Name: Nidhi Mehta


Company: A.T Kearney
Name of interviewer 1st Round : Sidharth Jain , 2nd round : Praveen (Principal), 3rd
and designation round Manish(Partner)

Round 3 rounds

Brief Profile Shri Ram College of Commerce ( Eco Hons), 13 months


work-ex with Tata Capital Ltd. (Senior Credit Officer)
Interview questions Round 1:Tell me about yourself ; post the case I was asked
to give my view on the recent reduction in CRR rates

Round 2: Why Consulting ?

Round 3: No HR questions were asked. However,The


partner asked me if I had any question for him.

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Narration of the case Case 1: FICCI is planning to launch a new electric car, It
interview has been proposed that this will lead to a reduction in
pollution. Should the new car be launched?

Approach : This was a case involving a guesstimate. I first


looked at all the stakeholders that could be affected by this
proposal including the current car manufacturers. The
interviewer however guided me that it is assumed that all car
makers will start manufacturing this car. The question then
came down to the emissions produced by a regular car and
an electric car. I further sub-divided the cars into small,
medium sized (hatch backs and sedans) and SUV’s. I also
talked about the emission levels being different for diesel
and petrol cars. Emission levels depended on the mileage
and data was given for the cars and CO2 emission levels.

Case 2: I am a steel manufacturer. My profits are


decreasing. Help me out.

Approach: This was a simple profitability case. I started out


by asking him about his business: the no of factories,
locations and if profit had been reducing in all of them. I
then looked at the revenue and cost heads. I asked him if he
wanted me to look at a particular head and he said I could
start with revenues. Within revenues I looked at the price
and volume. Prices were constant so I began analysing the
factors affecting the volumes. I looked at both supply and
demand sided factors. Through this analysis I came to know
that the competitors had an integrated procurement whereas
the client’s cost of raw materials was higher. Also some of
the machinery was obsolete. Branding of the steel and
delivery time were also issues of concern.I gave some
recommendations such as improving the quality of the steel
,having a branding strategy, giving cash discounts and
attractive margins to dealers , looking for alternate suppliers.
Working on a backward integration was suggested as a long
term strategy.

Case 3: Estimate the number of car servicing that take place


in India

Approach : The partner didn’t want me to get into


calculations. He specifically told me to give me the just the
approach. I started with estimating the number of car

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owners .We could divide Indian household into different
income categories and estimate car owners. Some
percentage of this would be old cars and others would be
new. The new ones would probably be under free servicing
schemes. The old ones could chose to go to the service
centre or chose a local mechanic. The owners of expensive
car owners would chose the servicing. Based on this we
could estimate average number of breakdowns in a year for
different car ownersand the corresponding requirement of
servicing. Next we need to estimate the number of accidents
as servicing will have to be done in this case as well.
What do you think Case 1 : The catch in the case was that the emission levels
went right in this were higher for the electric car. I could identify that this was
interview? because electricity was being generated by thermal energy. I
also took into account transmission losses that would
happen in electricity generation. I guess what went right was
that I took into account all aspects of the case instead of
following a narrow approach.

Case 2: The interviewer didn’t have a specific problem in


mind. He was just looking at the approach and how many
areas of concern I could identify. I was comfortable with
profitability cases and I guess I structured the case well.
Case 3: The case lasted for just 5 mins and it was important
to communicate a proper structure.
What do you think Case 1 : It was not a typical case so in hindsight I could
went wrong in this have structured it in a better way.
interview? Case 2 and 3 : Nothing went wrong as such

Any tips for future It is important to stay calm during the case interviews The
batches on the basis of interviewer will be ready to help you out so it is important to
your experience clarify your doubts. Take some time to understand the case
question and confirm with the interviewer before
proceeding further.

Accenture Business Consulting

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Interview Experience 10

Name Deep Banerjee


Company Accenture Management Consulting
Name of interviewer Vishwesh Prabhakar, Partner
and designation

Brief Profile Chemical Engineering from Bangalore, 1 yr Work Ex at


Tesco Retail, 3.5 yrs at Indian Oil Corporation as Assistant
Manager handling Supply Chain and Operations

Interview questions Round 1: Work related, Industry related, Latest Trends in


Supply Chain, CV related, Case analysis, Related to current
energy problems in India

Round 2: My apprehensions about Accenture

Round 3: HR Questions
Narration of the case “I’m a chemical manufacturer. Help me optimize my
interview outbound logistics”

What do you think - Work experience matched with their requirement


went right in this - Industry knowledge
interview? - Information about the company

What do you think In the case interview, I mistook “optimize” as “cost


went wrong in this reduction” only. Should have taken other factors into
interview? consideration.

Any tips for future - Be energetic and enthusiastic


batches on the basis of - I firmly believe that the first 2 minutes in an interview
your experience decide the outcome to a great extent
- In the case interview, even if you go wrong at some place,
do not fluster and keep trying

Interview Experience 11

Name Ipsa Kalra

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Company Accenture Management Consulting
Name of interviewer Round 1- Anurag Johri, Strategy Head
and designation
Round 2- HR

Round 3-Saurabh Bhatnagar-Partner

Round Case in first round only


Brief Profile Graduation in Electronics and Communication Engineering
from Heritage Institute of Technology, Kolkata. Fresher.
Interview questions Round 1: Started with some questions on leadership as I
stated it as strength. Followed by 2 cases on projected soap
and 4 wheeler market in 2020.

Round 2: Basic HR questions on weaknesses and anyone


apart from me who should make it to AMC.

Round 3: Questions on academics (PGDM), ranging from


MANAC to economics and MS Excel.
Keynesian Vs Classical
Types of Costing
Lookup in excel
Branding
General questions on the current education system in India
Narration of the case I was asked to choose an industry of my choice. I chose
interview FMCG sector. I was first asked to give the market size of
the soap market in the year 2020. The interviewer was not
looking at numbers but at multiple approaches. I gave the
income segmentation approach, rural-urban divide
approach. He suggested the extrapolation of GDP
approach. I also made a point that in the urban market
soaps are soon being replaced by shower gels etc.
What do you think The interview started on a good note and they liked the way
went right in this I spoke and conducted myself.
interview?

What do you think They expected me to suggest the GDP approach myself.
went wrong in this
interview?

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Any tips for future Consulting interviews require you to be able to give a
batches on the basis of holistic picture of the case presented. Keep the interviewer
your experience involved at every step.

Interview Experience 12

Name: Meghana Katiki


Company: Accenture Management Consulting
Name of interviewer Vivek Mishra, Ridhima (HR) and one more Senior partner
and designation
Brief Profile IIT Kharagpur, Biotechnology, Deloitte Consulting -23
Months
Interview questions Round 1: Case and CV
 Explain me one of the projects you took up at
Deloitte
 Why consulting
 Which subjects did you like in term 1
Based on my answer he said link Marketing and Economics.
 Explain one initiative you took

Round 2: HR
 What do you like about Accenture
 What do you remember from Accenture’s PPT
 Did you attend the session by our senior partner,
Give one positive and one negative feedback
I handled the negative part very tactfully: starting with slight
negativity but ending on a very positive note.
Would like to join IB or GTIN.
Understand the difference properly.

Round 3: CV
 Walk me through your academic background.
 Why did you leave something as promising as
Biotechnology for something as mundane as
Management consulting.
 Tell me one challenging task that you did
I gave the example of a project at Deloitte.

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Narration of the case Well a guesstimate was given to me but I never realised it
interview was one. I told about how demand is actually estimated in
Apple and how they produce less than the estimation to
keep the hype.

What do you think I knew from beforehand what they were looking for. I could
went right in this project all those qualities in some or the other answer. My
interview? HR answers were well prepared and reviewed before I
entered the interview.
I kept a smiling face though one of the interviewers’ kept a
shrewd expression on his face.
I steered the interview in my way by giving answers of all
HR questions based on experiences and stories and talking
about things I knew very well so that I could handle the
drilling questions.
What do you think I took Economics’ name as one of my favourite subjects
went wrong in this and couldn’t answer some questions properly.
interview?

Any tips for future Any company, any interview, HR answers are extremely
batches on the basis of important. More so to tailor the answers to the company. It
your experience is also important to understand the values and culture of the
company and portray a fit in the interview. Accenture’s PPT
is very important to them. If you are serious about that
company make sure you attend the ppt.

Interview Experience 13

Name Preethi Viswanathan


Company Accenture Management Consulting
Name of interviewer Senior Manager
and designation
Round Had three rounds of interviews

Brief Profile Electrical Engineering from Anna University; Prior


work experience - 11 months as Graduate Engineer
Trainee in Larsen & Toubro Ltd, ECC division

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Interview questions Round 1:

 Some basic questions like tell me about yourself,


other interviews for the day

 Why did you choose consulting?

 Questions on POR's mentioned in the CV and


which I consider the most important among
them

 Why Accenture and how do I feel it is different


from the other consulting firms?

 I was also asked about my role models

 Questions regarding power sector – what are


the problems in the sector at present

Case on a pure-play thermal power generator with


installed capacity of 2,000 MW in India. The company
is making losses in the recent years

I went ahead with a lot of questioning regarding the


company, type of clients current financial position,
current risk exposure in terms of fuel, market etc and
the related businesses that the company is already into.

I came up with a framework to analyses the


profitability using the basic structure of costs and
revenues. I first analysed on the cost side considering
various parameters like fuel, distribution, overheads
etc.

I was then told to focus only on the revenue side.


After further probing about the pricing and the sales
volume (in MW) , the interviewer indicated that the
power was sold only to the government. It was found
that the company generated power which exceeded the
government's requirement as per the contract with the
company. I recommended that the excess power
generated could be sold to private players to minimize
losses

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Round 2: HR round

Questions on primary skills required for a person in


consulting

Was asked about which of the skills I have and which I


still need to develop

Question was again asked about why consulting and


why Accenture?

Round 3:

The Partner asked me about my educational


background, my interest in music, my favourite course
in Term I. After I told it was marketing, I was
questioned on some basics and was asked to explain
my marketing project. I was also questioned on some
challenges I faced here at IIM L.

Questions on work experience were asked maily


relating to the role I had at L&T.

After that he urged me to ask questions as he felt I


have been asked enough. I questioned him about some
news which was mentioned in the RG doc about AMC
opening an Innovation centre.

I further questioned him about the roles offered and


the functions of IB and GTIN and sector preference
for projects.

He explained the answers in a detailed fashion.

I was asked to wait for a while, the offer was made


and I accepted it.
Narration of the case Explained above
interview

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What do you think I prepared well for HR answers and was able to answer
went right in this the questions on consulting well.
interview?
Thorough knowledge about everything that I wrote on
the CV

A firm answer about why I wanted to join AMC as it


was asked in all rounds of my interview
What do you think Nothing that I can specifically point out.
went wrong in this
interview?

Any tips for future • For AMC, it pays well to know well about what
batches on the basis of work the company does and some recent
your experience happenings that the company was involved in.
• Frame good questions for asking at the end of
the interview as my third round was primarily
based on that
• Generate a plethora of options when analysing a
case. It shows that you can think in multiple
directions. In summers, most companies look
only for people with ideas rather than skills.
Hence, this is the most important phase of a
case interview as far as summers are concerned.
• Thorough CV and HR preparation are of prime
importance

Interview Experience 14

Name: Salonee Gupta


Company: Accenture Management Consulting
Name of interviewer HR Head, Saurav
and designation

Round I had 3 rounds of interviews

Brief Profile Civil Engineer from Delhi College of Engineering, with 23


months experience in Bharat Heavy Electricals Ltd.

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Interview questions Round 1: Some ice breakers like about yourself, walk me
through your CV and why consulting, details about other
interests and especially work experience related questions,
followed by an elaborate guesstimate, and if you want to ask
us anything in the end

Round 2: Some ice breakers like about yourself, walk me


through your CV and why consulting, details about other
interests, followed by if you are comfortable working
anywhere and want to ask us anything in the end

Round 3: Some ice breakers like about yourself, walk me


through your CV and why consulting, details about work
experience, followed by some course related questions from
FRA and QAM, and if you want to ask us anything in the
end

Narration of the case Guesstimate in the 1st interview: Estimation of Baby Diaper
interview market in India
Followed by questions like, what was a major assumption in
your estimate, what could have been a better approach for
estimation, etc.
What do you think My ability to think of different ways to approach this
went right in this problem, and being able to point out a flaw in my estimate
interview? and a solution to that

What do you think Could have been a little more structured


went wrong in this
interview?
Any tips for future 1. Take 2 mins to structure your thoughts before
batches on the basis of starting the estimation. These 2 mins are very critical.
your experience 2. Try to think of out of box solutions and
recommendations once the problem has been
identified.
3. Maintain your calm during the interviews as they
check your confidence level.

Interview Experience 15

Name: Shivani Rastogi

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Company: Accenture Management Consulting
Name of interviewer 2 senior partners and 1 HR
and designation

Round 3 rounds
Brief Profile Jadavpur University, IT
Consultant in PricewaterhouseCoopers for 2 years

Interview questions Round 1: Tell me something about yourself. Had a long


discussion on ABG scholarship. Asked a case and a
guesstimate. Do you have any questions for me?(this was a
long discussion as well)
Round 2: Why AMC? Why not go back to PWC? Would
you like to work for ops or strategy? Why? Which sector
did you like working for in your last job? Some work-ex
specific questions. Do you have any questions for me?
Round 3: It was not an interview really. Just asked me if I
had any questions for her.
Narration of the case They asked me a case they had recently worked on.
interview A Japanese pressure boiler manufacturer wants to enter
the Indian market. They make high pressure resistant
boilers. Advice them on how they should enter the
market.
Approach-They expected me to list the various options like
set up a plants in India, export from Japan, enter a JV with a
local player etc. Then he asked me to compare the various
options based on some criteria I thought best. I chose ROI.
So then he asked me to compare for the options in a tabular
format, without any numbers, just using High and Low.
Guesstimate-No of eBook readers in India
Approach-I started with the income level division. Then I
went on to percentage of target age (12-40ish). Then with
the penetration of laptop and desktop among them
(considering they would have at least one of them before
purchasing and eBook reader) and he asked me to stop at
this.
What do you think I think my structured approach to the problems was what
went right in this worked for me. Also I showed my interest in taking up
interview? operations and supply chain courses. This was also
appreciated by one of the partners.

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What do you think I think the interview went quite well for me except when
went wrong in this asked about which sector of my work experience I liked
interview? working for the most. I tried to show positives in each of
the 4 sectors I had worked on and he seemed unconvinced .

Any tips for future Lay out the structure well. They seemed to be more
batches on the basis of interested in covering the breadth of options rather than
your experience drilling down on them. Also they didn’t seem to bother
much about numbers and percentages in the case and
guesstimate.

Interview Experience 16

Name: Sruthi Nooka


Company: Accenture Management Consulting
Round 3 Rounds

Brief Profile Electrical and Electronics Engineering from Osmania


University, Hyderabad; Prior work experience - 35 months
as Business Technology Analyst in Deloitte Consulting

Interview questions Round 1:


Questions regarding my prior work experience, nature of
responsibilities, reasons for shifting from technology
consulting to business consulting

Questions regarding my areas of interest(operations in my


case) – I was asked to compare the supply chains of apple
and dell, HUL and P&G

Case on Market expansion for HUL product(Dove) into


one of the north eastern states

Round 2:
What skills do you think a consultant needs? Which one of
those skills do you lack in?

Learning from prior work experience, significant


achievements

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I was asked if I attended the pre-placement talk and what I
liked the most about it

Round 3:
Questions regarding work experience – I worked on SAP
implementation, so the interviewer asked me to give three
reasons why companies go for ERP implementation – a
hidden form of cost-benefit analysis case

Questions on subjects of Term – I and Term – II:


Regarding Microeconomics and Macroeconomics,
Prisoner’s Dilemma, a small case on how a business
operating in oligopoly can stay profitable, applications of
QAM in all areas such as marketing, finance, operations,
economics etc.
Narration of the case Problem Statement: What factors should HUL consider if
interview it’s wants to launch one of its products in one of the north
Indian states?

The interviewer was looking for the approach only and not
extensive detailing.

Firstly, I clarified on why the expansion is made – for


profitability or expanding the customer base

I analysed the scenario in three parts – Customers,


Company’s capabilities and Competition

By analysing the available customer segments and targeting


the required segment the demand can be estimated and thus
the profitability based on factors such as size, affordability
and growth rate of the chosen segment

In terms of company’s capabilities its financial and


operational capabilities should be considered. Factors such
as investment cost, company’s financial position, investment
cost as a proportion of the company’s overall cost base
should be analysed under financial capabilities. Operational
capabilities include resources, availability of channel partners
in the new market etc.

Competition analysis determines entry barriers and possible


threat from competitors

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What do you think I have answered questions regarding my prior work
went right in this experience well and I could explain the reasons for
interview? transition from technology consulting to business consulting
convincingly. My case analysis went pretty well. In the third
round, I have answered all the questions asked about
academic subjects with practical applications.

What do you think I had to give some impromptu answers for certain questions
went wrong in this regarding my previous question. Even though I justified my
interview? answers well finally, I could have organised my answers
better.

Any tips for future 7. Know about the company thoroughly. In case you
batches on the basis of have not attended the ppt, find out the same from
your experience your friends who have attended it and try to get as
much information as possible from seniors.
8. Lot of students have been questioned about academic
subjects. So it’s good to brush up on basics before
attending the interview.
9. In case of students with prior experience, prepare
well in advance about your nature of work, roles and
responsibilities, nature of projects handled. Be ready
with some examples through which you can explain
your problem solving skills and leadership skills.

Interview Experience 17

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Name: Ashok Patsamatla
Company: Accenture Management Consulting
Name of interviewer Senior Manager
and designation
Round 2 Rounds
Brief Profile Mechanical Engineering from IIT Madras; Prior work
experience - 24 months as Analyst in KPMG Management
Consulting

Interview questions Round 1:

Some basic questions like tell me about yourself, other


interviews appearing for on that day.

What is your view on team work in consulting? Do you


think it is always important?

Questions regarding my prior work experience, nature of


responsibilities and reasons for continuing in consulting
industry

Questions regarding power sector – what are the problems


in the sector at present, recent interventions by the
government (SEB bailout package) and my views on the
same,

Case on diversification strategy for a pure-play thermal


power generator with installed capacity of 2,000 MW in
India.

I went ahead with a lot of questioning regarding the


objective for diversification, current financial position,
current risk exposure in terms of fuel, market etc and the
related businesses that the company is already into.

Interviewer indicated that the company wishes to leverage


on its current strengths and to hedge current risks through
diversification. Financial position of the company is not a
constraint.

I came up with a framework to cover the entire value chain


of the power sector and a basic fish-bone analysis of options
at each stage of the value chain. I believe that this stage

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(option generation) is very crucial and needs to exhaustive. I
came up with close to 20 options for diversification during
this stage which impressed the interviewer.

I was then told to focus only on the immediate upstream


and immediate downstream options with just a macro
overview of each option. I did a basic investment horizon to
benefits analysis for each of the options and finally
suggested the following recommendations:
1. Acquisition of a coal mine in Australia/Indonesia
since exposure to imported coal was found to be
high. Also it can hedge exchange risk (relevant in the
current macroeconomic condition)
2. JV with a port developer to save on transportation
charges and to benefit from increasing imported coal
demand in India
3. Power trading to better leverage the excess thermal
generation capacity due to seasonal demand
fluctuations
4. EPC player – offer EPC solutions to huge upcoming
capacity in India

The interviewer was very much satisfied with this and


indicated that there might be a role suited for me for
summers.

Round 2:

HR round was skipped and was directly taken to Partner


round.

Round 3:

The Partner (Vishwesh) asked me about my educational


background, CGPA drop during graduation period, current
academic performance at IIM Lucknow in Term I. I
justified these aspects to which there was no other
additional questioning.
Then he asked me about the kind of culture that was
prevalent at KPMG and what I did not like about it. He
explained in fair detail about the kind of culture at AMC and
what made him stick to the firm for the past 15 years.

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He asked me if I wanted to work on any sector in particular
and I expressed interest in working on some academic
oriented projects that AMC takes up from time to time on
pro-bono or in conjunction with World Bank etc. The
partner then told me that he headed a new practice at AMC
– the sustainability practice – that deals in such projects.

At this stage, the Partner made an offer and I accepted it.


Narration of the case Explained above
interview
What do you think My sector knowledge in power helped in fair detail at the
went right in this option generation stage and I was lucky to have gotten a
interview? case in that sector itself.
I prepared well for HR answers and was able to answer the
question about team work in consulting well.
Thorough knowledge about everything that I wrote on the
CV

What do you think Nothing that I can specifically point out.


went wrong in this
interview?

Any tips for future 10. For AMC, it pays well to know well about what work
batches on the basis of the company does and some recent happenings that
your experience the company was involved in.
11. Frame good questions for asking at the end of the
interview
12. Generate a plethora of options when analysing a case.
It shows that you can think in multiple directions. In
summers, most companies look only for people with
ideas rather than skills. Hence, this is the most
important phase of a case interview as far as summers
are concerned.
13. Thorough CV and HR preparation are hygiene
factors.
14. Always smile!

Interview Experience 18

Name: Siddharth Raghuvanshi


Company: Accenture Management Consulting

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Name of interviewer 1. cant recall
and designation 2. HR Head
3. Saurav – Partner
4. Alumnus
Round 4 Rounds
Brief Profile : I have done my dual degree (B.Tech+ M.Tech.) in Computer
Science & Engineering from IIT Kharagpur. After that I have
worked in FICO as a software engineer for 1 year.

Interview questions Round 1: It was more of a chit chat round. First, the
(With indicative interviewer asked me – Tell me something about yourself. In
answers if you choose my answer, I mentioned about founding and heading 70
to share them) member team of Student Welfare Group at IIT Kharagpur &
co-founding a start-up named estumart.com at IIT Kharagpur.
The interviewer became more interested in my work at
Student Welfare Group & he asked me in detail about my
work. Then he asked few questions on my start-up like
whether it is still working or not, what was the motivation for
the start-up & having such a good engineering profile, why
didn’t I opt for an MS degree. In the last, he asked me
whether I have any questions. I asked about the difference
between GTIN & IB profile. First he I told him, what I knew
about both the profiles, then there was some discussion
regarding why I want to choose IB over GTIN.

Round 2: It was with HR. She too started with tell me


something about yourself. Then she asked why we should take
you. Then she asked why “how do you think you are better
than others who are being interviewed now”. Answered all
these questions. Then she asked me if I have attended AMC
Pre Placement Talk or not. I told her that I have attended it.
Then she cross questioned me by asking about the stipend
details. Told her. Then she asked “why Consulting”. Then
“why Accenture”. Then “what are the core values of
Accenture”. Globed the last answer, as I felt core values of
most of the consulting firm are similar. Later I found that 4
out of 6 core values, which I answered, were correct. 

Round 3: This was the round with the partner. He seemed


like a cool person, which gave me an opportunity to ask him
the most important question – ‘Tell me something about
yourself’. I found that he was working in GTIN. So that gave
me opportunity to further ask him some questions like what

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he thinks is good about GTIN. Do people in GTIN get to
work with Indian clients or not. On site opportunity & so on.
After that, the partner asked about my favourite course in the
Term 1. I told him QAM. Then he asked me the reason. After
that he asked some questions on Anova, I had to tell him that
it still has not been taught. Then he asked my next favourite
course. I told him marketing management. Then he asked the
reason. Told him. Then he asked me some questions on
definition of brands. Gave him the answer with some
examples. Then he asked me some questions on Micro
economics like on demand & supply, how micro economics is
different from macroeconomics, definition of GDP, GNP,
prisoners’ dilemma & its implication in the industry.

Round 4: It was with alumnus. He was the founder of The


Consulting & Strategy Club. So he asked me in detail about
our work & how do we pitch to a client, etc. It was more of a
discussion rather than an interview round.
Narration of the case No cases or guesstimates were asked to me.
interview

What do you think I had interest in the consulting. So I have gathered a lot of
went right in this information about Accenture, their different profiles. The
interview? discussions with the interviewers showed them that I had
genuine interest in consult work.

What do you think My 2nd interview was not that good according to me. I had to
went wrong in this globe sometime like in question on core values of Accenture.
interview?

Any tips for future The most important thing is that you should be confident
batches on the basis enough. Consult interviews are more of a discussion rather
of your experience than interviews. So take it in that way only. If you have any
genuine doubt, you can also ask questions to them. It will be
appreciated.

Deloitte

Interview Experience 19

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Name: Divya Chandra
Company: Deloitte S & O
Name of interviewer Senior Manager
and designation

Round 3 Rounds

Brief Profile Mechanical Engineering from BITS Pilani; Prior work


experience - 10 months in BHEL, New Delhi

Interview questions Round 1:

HR round:
Interviewer started with his introduction first.

Then some basic questions like tell me about you, hobbies.

Which all places have you travelled till date? Is travelling an


issue?

Questions regarding my hobbies and interests.

Why consultancy?

Round 2:

Case Study Round:


A case study on Health industry was given. It was related to
Hospitals and Clinics in USA. A lot of number crunching
was required. Also emphasize on all key points looking at
numbers with lots of option generation.

Round 3:

The Partner asked me about my educational background.


Why not finance?
Current academic performance at IIM Lucknow in Term I.
Why consulting? Scrutinized CV well.
After this round, the Partner made an offer and I accepted
it.

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Narration of the case Case emphasized on a lot of number crunching.
interview A chain of clinics and hospitals were owned by a company
based in the USA and were generating losses. A whole set of
data sheet was given to analyse. It needed identification of
the various problems leading to losses in hospital revenue.
Then options to cut down on costs were to be given based
on the expenses given in the sheet.

What do you think Quick calculations and analysis of data sheet was a plus
went right in this point.
interview? I was able to answer the question why consulting well.
Thorough knowledge about everything that I wrote on the
CV.
A smile throughout the interview helped.

What do you think None.


went wrong in this
interview?

Any tips for future 1. Prepare why consulting question well


batches on the basis of 2. Be quick in calculations and generate as many options
your experience as you can when analysing a case. Think of out of box
solutions to the problems in the case.
3. Thorough CV based preparation is required.

Summer Internship Experiences 2011

Accenture Business Consulting

Interview Experience 1

Company Accenture Business Consulting


Name: Shalabh Malhotra
Round 2 Rounds
Brief Profile : IIT Guwahati, Mechanical Engg., 10 months in NTPC
Ltd.
Personal interview 1st Round
questions

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1. Tell me about yourself. Examples from life to
justify for whatever points you had mentioned.

2. Guesstimation Case

3. Do you like travelling? Which all places have you


been to? (A consulting job requires a lot of
travelling. Make sure you justify that you love
travelling)

4. What do you know about Accenture and ABC?


Which vertical in ABC interests you the most?

2nd Round

This round is based on your work-ex. Know your


company well and have a good hold on your sector.
1. Tell me about your experience in NTPC Ltd.
2. Why NTPC Ltd. after engineering and why MBA
now?
3. Present Power Scenario in India. Difficulties faced
by thermal power plants at present.
4. Future of Nuclear Power Plants. Pros and Cons.
5. Hydro-electric plants and their pros and cons.
Narration of the Problem statement:
case interview
You are a private company who has got the contract to
install street lights in Lucknow. Guesstimate the number
of street lights that will be required and the expected
profit you think you can earn.

Structure:

1. I assumed Lucknow’s area to be 20km by 20km.


2. I, then, divided the city into a matrix assuming it to
be criss-crossed by #60 20 km roads running
horizontally and vertically each.
3. Then estimated an approximate of 30% area to be
under forest cover.
4. Divided the roads in the remaining 70% area into
roads present in residential and non-residential
(commercial + highways) areas. Took an estimate

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on number of street lights present per km in both
these areas.
5. Finally came to a number on the number of street
lights taking into account that some places will
have 2 lamps on a single post while others will have
just 1.
6. After that estimated the product + set-up cost for
each street light.
7. Estimated the running charges (maintenance and
electricity). Electricity charges would depend on
the number of operation hours and watt-rating of
the lamp. Maintenance charges and profit margin
was estimated.
8. In the end a total estimate of profits was calculated.

What do you think Though I was called for the 2nd interview, I think I didn’t
went wrong in this do well in the Guesstimation case (1st round) itself. The
interview? 2nd interview was good but I guess they were calling
people for the 3rd interview based on both the interviews
combined. Prepare for cases and Guesstimation well.

Interview Experience 2

Company Accenture Business Consulting

Name: Binay Jaiswal

Name of interviewer 4 rounds were held. I don’t remember the specific


and designation names of all the people. The first round was taken by
Gautam and third round was taken by one of the alum.

Round 1st and 2nd round were case interviews. Third was a work
(First/Second/third) experience specific interview and last was the HR round.

Brief Profile : B.Tech in IT from NIT Durgapur


( Graduation
College, stream, 45 months of work experience:
Work ex details, etc.
37 months in IBM and 8 months in TCS as SAP ABAP
)
Technical Consultant.

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Personal interview Round 1:
questions (With
indicative answers if The first questioned asked was the number of shortlist
you choose to share on day 0 and the interviewer jumped straight into a slide
them) in his laptop. Basically the slide had plenty of line
diagrams. I had no clue what it was about. As we started
interacting, I figured out the line diagrams showed
number of units sold in a span of 8-9 months.
I was asked to analyse the line diagrams. On further
interaction and based on my answers, I came to know
the diagrams had the data about the number of units
sold by various companies and total number of units
sold in each month. The figures didn’t show any
consistent pattern and I was asked to figure out why was
it so. Basically only thing I could figure out was the sales
showed cyclical nature and the number showed a
positive trend just before Oct-Nov and a dropping trend
in Jan-Mar.
There was a clear market leader but the sales were
decreasing in latest months while there was a fierce
competition for the second and the third slot. A detailed
discussion took place about who can take the second
place and why. Then he asked some FRA question
related to the graphs. The discussion boiled down to
FIFO/LIFO method and he gave some data for a
particular company and I was asked to show the impact
of LIFO or FIFO on Profit, COGS, Taxes, and retained
earnings.
After that he asked a short case on airline industry and it
didn’t revolved around rising oil prices (Aberration of
current Market condition). According to the case, one
courier company increased the freight charges though
there was a decrease in oil prices. My answers revolved
around higher interest rates and depreciation which
decreased the operating profit of the courier company.
But he was looking for something else and the case was
supposed to be analysed from demand-supply side
(Microeconomics!!!!). With his input we concluded that
the business model of freight industry was changing.
Companies who used to transport by rail/road now
started using Air Freight which increased the demand
suddenly and hence the price. Further because of
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capacity constraint, the Air Freight company bought few
new aircrafts and hence wanted to break even early to
make the most of current market.
Note: The interview went Ok types. Interviewer
expectation was much more and I think I could not
handle the Airline case upto his expectation. He wished
me good luck for the next round.
Round 2:
I came to know that they have scheduled my first round
again as they were expecting more.
The interview started with “How did the first round
went”? I said “It was decent but I should have done
better”. He asked “would have or should have”? I said
“Should have”. “What went wrong” was his instant
question. I gave my analysis and he looked satisfied by
my analysis (He displayed like that). I was told that
this round will have 2 parts: (i) Case (discussed below)
and (ii) some general questions
As he was very satisfied with the case analysis, the
second part of interview was not much of pain. It was
more of a general discussion. As I had work ex in IT
industry, I was asked how will I handle management
consulting as its very different from IT consulting and
required very competent skills. I was also asked about
the highest level of client interaction and how I
managed them. He specifically asked for one of the CV
point which was about interacting with the program
director of the US based client and how I managed to
convinced him to increase the scope of the
development, issues faced and what it took to convince
him to approve the increase in man hours effort from
400 to 950.
Few questions about my strengths and how I will handle
the clients specifically when I am interacting with CXO
level people followed. I was also asked why consulting
and whether I would be comfortable travelling after
marriage. Overall I had a very good interview.

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Round 3
This round was taken by one of our alums. I was asked
if I am nervous or excited. I said both and was asked to
explain why so. (Good Ice Breaking 5 minutes). I was
again asked the number of process I am running for
(Other Shortlists!!!). A casual discussion followed like it
must be tough running for different process in different
parts of the campus.
He was constantly picking up points from my CV and it
was more or less work experience related interview.
Questions like my greatest failure in life so far and my
learning from it, why Accenture business consulting,
strengths of Accenture etc. I was asked to compare
between Accenture and (i) IBM (ii) Deloitte (iii)
McKinsey and few other consulting companies. Why
consulting figured again and my fit as a consultant was
asked.
I was also asked about my CGPA and relative position
amongst PGP1 students. Questions like do you face
difficulty studying after 45 months of work ex and how
I adjusted, how I manage pressure here etc. followed. I
asked three questions to him and a detailed discussion
took place.
Round 4
It was HR round which lasted for around 10 minutes.
Questions like Why ABC, Consulting, my strengths,
best and worst feedback received in my previous work
ex were asked. I was asked about my expectation from
ABC. Brief discussion about my POR and CGPA
followed.

Narration of the case Problem statement:


interview (Please be The case was about decreasing sales of Nano in Kolkata
as descriptive as and adjoining areas.
possible)
Case analysis:
Initially we discussed if it was a normal trend in other
parts of India or not. If there was any price increased by
Nano or any changes with the design which might not
have gone well with the consumers. We also spoke

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about impact of negative publicity like engine failure and
instances of fire breaking out in Nano. Marketing
strategies of handling negative publicity was also
discussed.

But the maximum discussion happened around 2 points:


1) As Nano was mainly for people with 2 wheelers, I
wanted to understand where the real issue was.
Whether consumers are moving to 2.5-3 lakhs
priced car like Alto and Zen (few others also) or
people with 2 wheelers were not able to buy
Nano. I asked about any trend whether any data
regarding people willingness to buy Nano
(Through Test Drives taken, visits to showrooms
etc.) but not actually buying was there or not.
After few minute of discussion, I was told that
the main issue was people with 2 wheelers are not
buying Nano. So the main issue was affordability.
I recommended zero % interest rate for EMI for
first 2 years of purchase and very minimal ROI
after that. We also discussed about the bank
Nano should partner with and then he filtered the
question to 1 bank only. I opted for SBI as it has
branches in adjoining remote areas of Kolkata
and people there have higher trust in Govt.
banks.

2) We also spoke about the Demand-Supply


constraint. If there was any channel conflict. Brief
interaction revealed that Nano had only 7
distributors in that part of region and this was a
major problem and it should increase by 3-4.

What do you think My case performance in the second round went pretty
went right in this well. The interviewer complimented me about the
interview? analysis (though it may not look that impressive above).
The structure and thorough conversation helped me sail
through and I was told that I kept the interviewer
interested and hooked throughout the case solving
phase.

After my third round I was also appreciated about my


prior work experience and I was told “You had a quality

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work experience and I appreciate your practical
approach of business understanding”.

What do you think My first round didn’t go that well particularly the Airline
went wrong in this question. I should have interacted more to understand
interview? various perspectives rather than being biased with
current market situation (Like higher oil price and
interest rates which was not applicable here)

Any tips for future 1) Stay Cool because it will help you to interact
batches on the basis freely and focus on various perspectives which is
of your experience very important in the case
2) Display a lot of enthusiasm and don’t shy away
from talking. Remember Consultant need to do a
lot of talking. Just ensure you talk sense on that
day.
3) Practise some cases before interviews.
4) Never think that you are out of race. Don’t judge
yourself in the interview. Interviewer might give
you chance to bounce back.
5) Higher Work Ex people particularly IT
background can’ t get day zero shortlist is a myth

Interview Experience 3

Company Accenture Business Consulting

Name: Mahesh

Name of interviewer NA
and designation
Round First (of 3 rounds)
(First/Second/third)
Brief Profile : Bpharm
(Graduation College,
stream, Work ex Work experience of 2 years
details, etc. )
Personal interview 1. Tell me something about yourself?
questions (With
indicative answers if 2. Asked me about my role at previous workplace?
you choose to share
3. Why consulting?
them)

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4. How did you know Accenture?
HR related questions were asked in the subsequent
rounds

Narration of the case Problem statement:


interview (Please be as A multination firm in oil and gas segment is looking at
descriptive as possible) setting up a green field plant by collaborating with
ONGC India. You being one of the directors chosen
to work for this partnership what are the most
important factors you would look at?
Case analysis:
I divided the decisions into HR , operations , finance
and marketing related decisions. Since the venture was
a new one I focussed on the organizational chart
development and the role of director in selecting the
right people for higher and middle management roles.
I also talked about getting policies with regard to skill
set of workers, policy on unions being in place. Talked
about setting up a township and hiring a contractor for
it as the location is likely to be in a remote area. Also
focussed on retaining and hiring of talent.
Marketing function decisions included pricing of
product (based on cost estimates of sales force) and
sales force for carrying out B2B activities. Discussion
on operations was the most important one in this case.
I talked about the role of director in hiring a contractor
and overlooking the subcontractors used. I also talked
about the timelines of the project and suggested a
milestone based approach with penalties to ensure that
the work gets done. In addition to contract related
equipment i focused on the equipment specification to
match to the capacity expectations. Aggregate planning
with scaling up was also suggested to make the factory
operational and to sort out initial issues. I focused on
the supply chain related issues to transport the end
product to customers.(Suggested pipeline)
Talked about the role of cost accountant in
determining the price of the end product and also
focussed on selecting an external auditor to oversee
the accounting standards.

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Structure:
Divided the case as per verticals in an organization

A guestimate on the number of streetlights in


Lucknow was asked (He asked me to be very short in
description and wanted me to use numbers at every
step)
I approached this by assuming Lucknow to be close to
a rectangle in shape the dimensions being 20 x 15 Km.
Then i assumed the main streets to be passing though
lines joining the mid points. I assumed that these roads
to be two laned and had the highest density of lights.
The next part was about the streets branching out of
these streets and i assumed lower density of lights
here. Thus i got a series and added them up to get the
number of lights.

Other questions
Guesstimate the number of travellers to Antartica
Guesstimate the number of cab drivers in Dehli

What do you think Got the structure. I was able to use the ques from the
went right in this interviewer and could this helped in approaching the
interview? case better.
After the discussion gave 3 points on which a director
needs to focus

What do you think Should have organized the points in each vertical in
went wrong in this order of their importance.
interview?
Any tips for future Ask for clarifications to the interview if needed.
batches on the basis of Practice a lot of cases with your peers.
your experience
Be clear about ‘Why ABC’?

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Boston Consulting Group

Interview Experience 4

Company The Boston Consulting Group

Name: Abhir Bhomavat

Name of Principal
interviewer and
designation

Round First

Brief Profile : BITS-Pilani Goa Campus (8.73 – Electronics and


Instrumentation, Fresher with an internship at J.P.
Morgan Investment Banking)
Was a convener on the council during my under
graduation.
Institute rank 2nd at IIM-L in the first term with a GPA of
9.4

Personal interview 1. Are you clear about your decision between IB and
questions Consulting?
2. Why consulting
3. Why BCG?

I had a well prepared answer for all these questions


Narration of the Problem statement:
case interview
The client is a company that manufactures an interactive
educational tool. It is basically something as big as a
blackboard fitted in the classroom and has touch screen
interactivity. What do you think is the scope of this
product and what are the other things that the company
can do in the field of education to increase its revenues
(to 1000 Cr)?

Case analysis:

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I first tried to understand the product properly.
Q. Does the company make any other products?
Ans: No
Q. What is this particular product used for majorly? To
teach what?
Ans: English language
I was trying to build a structure at this point when he
interrupted me by asking me if I had understood the
question. I felt he was trying to put a bit of stress. He then
asked me to explore what all are the options that an
educational tech company in India could explore.
Q. Are we looking at only classroom services or online as
well?
Ans: Upto you what you want to look at
I built a structure which split into Classroom learning and
online learning. Then further split classroom learning into
providing education material and products (like the one
the client makes). In online I split it into videos and
material.
He was happy with this basic structure. He then asked me
that the client was focusing on language needs of people.
So he asked me to estimate the demand of the English
language learners. He then asked me to estimate how
many such are those who already have a source to learn
and how many are wanting to but do not have a source
and what should I target?
I started with the metro population in India. Roughly
14mX4 = 56m. Then divided it by the age group. I dint
plug in any figures. I just made the initial tree. I told him
that I would plug in the figures later. Age group of 16 and
less who are going to schools.
He then asked me why I have not considered adults who
want to learn English.

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Then I considered that as well.
He then asked me why I have not taken into consideration
those who do not know that they want to learn English. I
didn’t understand what he meant, so I asked him to
explain. He told me that a domestic maid is latent demand
because she doesn’t know that she want to learn English
(got kind of philosophical at this point)
So he asked me to factor that in as well. He asked me how
we can make them use an online medium when they do
not have basic education in the first place.
Summary:
He helped me a lot with the case. Infact he gave me the 2
most important points of adult demand and latent
demand. Overall I found the case to be very tough and
ambiguous. He kept on asking me if I understood the
question which made me lose confidence many times.

What do you think I was passionate about the education industry like I had
went right in this mentioned. I also was not put down by his comments of
interview? “have you understood my question”. He didn’t give me
much time to think, but I still managed to build a structure
with all the ambiguity in the problem. I feel he was judging
the different ways in which I could think since it was a
pretty open ended and highly unstructured case to start
with.

What do you think At first I didn’t understand why he was focusing on the
went wrong in this demand of English language. I should have taken into
interview? consideration of adults as well. I was looking at only
school children. I was very nervous since it was my first
interview of the day and was also the very first for BCG
in the morning. The interview was shorter than I
anticipated.

Any tips for future Please make sure of what you say in the initial HR
batches on the basis questions. I had mentioned that I liked teaching. That was
of your experience the reason why picked out this case for me. So please
make sure you can show the passion for a particular
interest that you have mentioned.

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Be calm during the case. He will help you out for sure. It
is important to be persistent and keep going at the
problem.

Round Second

Personal interview 1. Are you convinced about consulting vs. IB?


questions 2. Why do you want to do consulting and not IB?
3. Tell me something different/interesting about
yourself.
4. Have you worked on live projects? If so tell me one
in which you used a completely different approach.

Ans: I spoke about a project that I had done during an


intern at a CSIR lab after my 2nd year of engg. It was highly
technical and involved FEM in the field of Biophysics. He
asked me what I did differently. I explained it to him in
layman terms. He was very impressed with my answer.
Narration of the Problem statement:
case interview
A financial services company (NBFC) that has entered
India few years ago wants to know whether it should
continue in India or not?

Case analysis:

Q. I asked him the relative position of the business viz-a-


viz its peers.

Ans: It is not very high. Somewhere around 6th.

Q. What are the different businesses?

Ans: Mutual funds – debt and equity, Asset management,


etc.
Equity fund is not performing as well as its competitors.
Debt is on par

Q. What is its target market?

Ans: HNIs with income of INR 5Cr +


I had made a brief structure earlier in which I had said that
I would like to explore 3 things. The historical

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performance of the fund, Its competition, and the third
thing was future growth in India.
He gave me some details on the historic performance and
all.
He also told me about the competition.
I was then asked to make a decision of whether to
continue in India.
I told him based on the future growth story they should
remain in India. He wanted me to ask the growth rate of
HNIs in India. He then gave me those figures.

Q: He then asked me what all problems they could face.

Ans: Very volatile equity markets, major source of HNI


money is black so we can’t capture the entire growth in
HNI. Competition could outdo us. If interest rates fall,
investors would want to invest abroad. I gave a few more
options that I can’t recall right now.

Summary:

The case was very straight forward. Basic questions


needed to be asked. I had expressed an interest in finance
so I was given this case.

What do you think He was very impressed with my HR questions. That gave
went right in this me major confidence. The case was simple and need a
interview? proper structure initially which I provided. He was
impressed with the option generation as well.
What do you think I forgot to ask him the growth rate of our target market
went wrong in this (HNIs).
interview?
Any tips for future Prepare HR answers really well. My case was something
batches on the basis which anybody would have cracked but the differentiating
of your experience part was the HR answers.
Round Third

Personal interview 1. Tell me about yourself


questions 2. Why does consulting excite you?
Was well prepared for these.

Narration of the I had 2 cases in this interview.


case interview
1st case:

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Problem Statement:

A taxi driver (black and yellow taxi) asked me if he should


move to a radio cab in Delhi.

Analysis:

I was a simple case of cost-benefit. Split into revenues and


cost. Cost split into fixed (maintenance and insurance)
and variable (fuel)
I asked him the km each car run in a day, the mileage, the
cost per liter of diesel. Charge/km. Made the comparison
and gave him the answer.
He asked me what else I should consider. I told him that
the taxi driver had more freedom owning his own cab.
But in the radio cab he won’t have to worry about
depreciation of the vehicle. I also told him that owning
his taxi may be a matter of prestige for the driver.

2nd Case:

Should a PE fund buyout Infosys?

Case analysis:

Q. I asked him what the private equity fund was looking


at : Stake purchase or complete buyout?

Ans. Complete buyout

He asked me how a PE can gain out of buying Infosys.


I told him that the PE would have board members and
would provide guidance and expertise along with the
funding support.

Q. How long is the PE looking to invest in Infy?

Ans. 5 years

Q. what is rate of return that infy will give in 5 years

Ans: 20%

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At this point he asked me will the PE be able to increase
the profits of infy?

I told him that we could better management and expertise


from the PE end. He said that the PE would not be able
to manage Infosys better that what it already was.

Q. Will the PE be able to bring in new outside business?


Ans: no

Q. Will the PE be able to generate more than the expected


20% revenue for Infy?
Ans. No
At this point he told me think of it from an IB perspective.
He told me that if infy can be bought for say Rs 100 and
would be worth Rs 120 after 5 years, it’s not a big deal.
The PE would not be interested in something like this. So
why would a PE look to invest?
I luckily had some prior knowledge of Infy (0 debt on its
balance sheet and a hell lot of cash) So I told him that the
entire source of funds was only equity. So the PE could
buy the equity and then pay off dividends to it (since
INFY was cash rich) or else raise debt for leverage.

Q. Will the growth remain 20% even if I raise debt?


Ans: yes

So I told him that if INFY raises debt of Rs 100, Firm


value would be roughly Rs 200 and growth would be 20%
-> Rs 240. Therefore the PE would make 40 on its initial
Rs 100 -> 40%.
He was looking for a solution like: Buy it for Rs 100.
Replace Rs 50 of equity by raising debt. And then sell it
for Rs120 5 years later. So effective gain would be Rs 20
on Rs 50 which is still 40%

Q. What is this mechanism called?


Ans. Leveraging
He spoke a bit about LBOs then.

What do you think The extra information I had on Infosys was something
went right in this he was very impressed with. He liked the fact that I was
interview? persistent in the PE case. I was thinking of different
options. He led me to a solution.
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What do you think I didn’t get the hint of him leading me to an LBO based
went wrong in this solution even though I knew what an LBO was.
interview?
Any tips for future Be confident and be persistent. Keep on going at the
batches on the basis case even if you are stuck
of your experience

Interview Experience 5

Company The Boston Consulting Group


Name: Arjun Bhaduri
Name of Arvind Pandey, Partner and Director
interviewer and
designation
Round First
Brief Profile : B.Sc (Economics Honors) from St. Xavier’s College
No work experience
Personal interview 1. Why should BCG select you?
questions This was a pressure question because everything I said
seemed to displease him. I just tried to match my
personality with BCG and that seemed to work for me.

Narration of the Problem statement:


case interview
A cement manufacturer based out of East India has been
seeing his prices in east India dip heavily in the past few
months. Despite being the market leader, he seems to be
unable to arrest the fall in prices. The aim as a consultant
lies to raise the prices by 10% and find a strategy to make
sure the prices do not fall so easily again.

Case analysis:

This was a very complex case with multiple problems and


solutions with each having a different set of pros and
cons. He wanted me to see the case from a simple demand
and supply point of view.

Structure:

The supply was overshooting demand in the market as a


result of the actions of competitors. So the issue was also

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to do with the distributors in the middle and how brand
consciousness would come into the scene. The structure
could be simplified to a 2*2 matrix with price elasticity of
demand and brand consciousness on the axes. The issue
could be then simplified on the basis of the quadrant in
focus.

Summary:

Overall, the issue was embedded in being able to use game


theory with the distributor and play prices up and down
at regular intervals. Another strategy was to enter into
forward contracts.

What do you think Calmness and common sense was the key.
went right in this
interview?
What do you think Was a little nervous at the beginning of the interviewing
went wrong in this as a result of the complexity of the case.
interview?
Round Second

Personal interview 1. General conversation for about 5 minutes?


questions The interviewer was very calm and reassuring and
that helped me build the conversation.

Narration of the Problem statement:


case interview
A local taxi driver in Delhi wants to explore the possibility
of signing a contract with a radio taxi service. Help him
with his dilemma

Case analysis:

This was a case that really tested your ability to think far
and wide because the math was simple but the underlying
logic could have been missed very easily
Structure:
Used a simple revenue-cost structure for the pre and post
radio taxi phase. Then tried to see if any of the key

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variables could be modified to come up with a different
result.
Summary:
The case had two parts- one was the initial decision and
the decision after changing a key variable.

What do you think Thought simple and picked up the cues very well.
went right in this
interview?
What do you think Failed to see the obvious solution the first time and
went wrong in this needed a little pushing in the right direction.
interview?
Round Third

Personal interview 1. Asked my questions about my tastes in food?


questions 2. General discussion on football and tennis and we
spoke about our favorite stars from each of them.
More than anything else, this was an amazing
conversation where I could speak without any fears
and inhibitions.

Narration of the Problem statement:


case interview
A life insurance company in Sri Lanka is losing out on
market share. Where does the problem lie?
Case analysis:
The case was a test of structure to see if you could create
one with all the levers enlisted.
Structure:

The market share could be seen as a function of number


of policies sold and the revenue per policy. The discussion
would then carry on the aspect of number of policies. The
number of policies itself would be a function of a number
of factors, out of which one of them was creating an issue.

Summary:

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The toxic area was something to do with the insurance
policy salesman and the entire structure had to be panned
out so as to get to that

What do you think Was highly energetic and logical in my approach.


went right in this
interview?
What do you think I rushed through the case in parts.
went wrong in this
interview?
Any tips for future Be calm, logical and energetic. That is all you need to
batches on the basis impress the interviewer.
of your experience
Interview Experience 6

Company The Boston Consulting Group


Name: Aman Bhatnagar
Name of Pranay Mehrotra, Partner & Director
interviewer and
designation
Round First
Brief Profile : IIT Delhi
(Graduation College, Electrical Engineering (B. Tech)
stream, Work ex Entrepreneur, 17 months
details, etc. )
Personal interview 1. Started with discussion about Tintin, Herge,
questions (With literary quizzing, went on to about yourself, gave
indicative answers if his introduction and a chocolate, clarified on why
you choose to share it took so long to get to see me
them) 2. Interested with Manchester United, talked about
playing vs. watching football vs. gaming for a bit
Narration of the Problem statement:
case interview
Client is a life insurance agency in Sri Lanka facing
declining market share

Case analysis:

Market leader, no.2 and no. 3 growing in dominance,


Market growing, they didn’t release a particular policy,
don’t give enough incentives to their agents which other
firms are capitalizing on,

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Structure:

Broke it down into their business structure, understood


how they operate, tried to find loopholes in each step

Summary:

Was asked to stop after explaining the approach and


asking two or three questions, BCG vs McKinsey took
over, spirited discussion regarding pros, cons and
discussion I had with Gautam Kumra at McK, after
debates and stressing the people point, we called it a day.
What do you think Confidence, at ease, conversational tone and mode
went right in this Relating with the interviewer, leading the interview
interview?
Any tips for future Take hints, explain approach.
batches on the basis
of your experience
Round Second
Name of interviewer Arvind Pandey, Partner
and designation
Personal interview Talked about himself, food, asked about experience till
questions now, outlined that we’ll start with a case and then move
on to any doubts I have about BCG
Narration of the Problem statement:
case interview
Leading cement manufacturer is facing declining profits;
prices have halved in the last few months and facing
decreasing prices further as well. Suggest emergency
measures for next few weeks.

Case analysis:

Spoke about the business, market, the competition and


how everyone else was coping. Talked about how the
business worked; distribution and sales network, retailers
and incentives and breakup in terms of branded,
unbranded cement. Twist in the case, BCG says increase
prices; profits fall by 12% more and take a hit. Now
what?

Structure:

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Value chain + market scenario, focused on issues like
rising costs, raw material sourcing, manufacturing
difficulties, expansion possibilities but were discounted.
Went on to retailers and distribution and his eyes lit up,
literally. Focused on region wise distribution, why there
were discrepancies in individual dealers selling different
quantities given same consumption patterns, focused on
price prediction patterns and inventory holding practices
by different retailers.

Summary:

Was stopped after this, talked about BCG, consulting as


a career and how the partner found his calling, how
BCG contributes in making real change in the world

What do you think Confidence, at ease, conversational tone and mode


went right in this Relating with the interviewer, leading the interview
interview?
Any tips for future I was informed later it was a stress interview. Since I got
batches on the basis offers from both firms, seems best to be clear, calm and
of your experience logical on the day and not let anything bog you down,
least of all, the pressure and reputation.

Interview Experience 7

Company The Boston Consulting Group


Name: Mustafa Rangwala
Name of All interviewers were with partners
interviewer and
designation
Round First
Brief Profile : Did B.Tech in Electronics Engineering from VJTI.
Worked in JP Morgan for 21 months
Personal interview Asked me why I wanted to join Consulting and not stay
questions in finance as my CV was fin-oriented. Also asked I
whether I would join McKinsey or BCG (Be ready with
the answer to the last question as it is going to be asked).

Narration of the case Problem statement:


interview

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The client is a financial services company. It has started
a wealth management business five years earlier. The
business is not performing nicely. Should the company
keep on making on investments in this or exit.

Structure:

First asked about the industry. The industry was growing


but the company was losing share. This meant that the
problem was with the company.
Structured to find about the revenue and cost structures
of the industry and the firm in particular. Tried to gather
as much background information on this as possible.
Talked about training the employees, any new adverse
regulations, competitor offerings, etc. In short covered a
lot of different angles.
Finally he asked me to give 10 recommendations to
solve the problem. This was difficult as we had barely
discussed the case for 10 minutes. Took 5 minutes to
write down my suggestions.
Structured my answer in three areas: Customers,
employees and business improvement. Gave 3-4
suggestions in each bucket.

What do you think I was able to give 10 recommendations which required a


went right in this lot of idea generation
interview?
Any tips for future Idea generation requires a lot of practice. Make sure you
batches on the basis do abstract cases which involve idea generation. Also
of your experience have questions for the interviewer ready for at least 3
rounds of the process.

Interview Experience 8

Company The Boston Consulting Group

Name: Vinay Doshi

Round First

Brief Profile : UG : Shri Ram College Of Commerce (2011)

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Stream: Economics

Work-ex: 0 months

Personal interview Just a little chat about where you’re from, what you like
questions doing and stuff. Of course, it began with the quintessential
-“Why don't you tell me something about yourself?”

Well, the simple approach I took to answering this question


each time was to link the major points on my cv and answer
“Why you for BCG?” I do not think speaking about only
one particular instance or event is a very good idea, unless
of course, the interviewer himself/herself probes the area

Narration of the case Problem statement: About a potato chip manufacturing


interview company

What do you think Well I didn’t really end up “cracking the case” as well i
went right in this could have. That was really a big negative I thought. But i
interview? hindsight, the fact that i got an offer only affirm that there
is no such thing as “cracking the case”- they only judge
your approach to problem solving, and as you very well
know there is no one correct solution

What do you think I really made a connect with the interviewer I felt. Let him
went wrong in this do more of the talking bit as i sat listening. It really helps,
interview? because in the end, the interviewer will inevitably end up
dropping those crucial hints that shall help you reach a
conclusion.

Any tips for future You really need to be calm and only then will the analytical
batches on the basis of skills and creativity really show. But do not worry - the
your experience interviewer shall go out of his/her way to make you feel so.

Just be you and try to establish connecting with the


interviewer. A smiling face comes in handy too.

Also, there is a lot of buildup on campus to the start of day


zero- just remain calm during that time. It’s easy to feel

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over pressurized, especially with all the short-lists coming
in, but just relax. It’s going to be fine.

Round Second

Personal interview 1. Although the partner did not ask me any questions
questions specifically, I started talking to him about his day,
job and used this as an opportunity to highlight the
points in my work experience which I wanted to
share (remember they will not always ask you
everything and do ensure that you connect it
wherever possible)

Narration of the case Problem statement:


interview
The client is a large cement company with the highest
market share. The second close player is cutting prices. To
match the prices the client has also reduced its prices and
is facing declining profits. The client has given us 3 weeks
to solve the problem.

Structure:

I asked him about the dynamics of the industry. He


explained that there is not much difference between the
products as well as the cost structures of the company. This
meant that even the competitor is losing money by the
price war.

I suggested 2 alternatives to solve this: first involved


analysing the cost structure and trying to reduce costs. But
the interviewer told me that the client has used all the cost
efficiencies possible (this indicates that the interviewer
does not want me to go deeper).

Second option that I suggested involved was the Game


Theory approach. This involves indicating to the
competitor that we will not reduce our prices even if he
does so. This I suggested could be done by issuing some

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way of communication to the competitor. But he said that
the competitor is not willing to talk. I could not think of
what could be done so he suggested that the client should
increase the prices. This will show to the competitor that
the client is serious.

Then the interviewer said that after one week, the sales of
the client had declined drastically and the competitor had
not reduced its prices. This created a problem of inventory.

To solve this data was collected geographically and


analyzed. It was found that some dealers had reduced the
stocks of the clients cement. The clients did this as they
expected the price increase to be temporary and thus
wanted to postpone the purchase. I suggested increasing
the prices again. This will signal to the dealers that the price
increase is not temporary.

Finally he asked me to give some suggestions about the


same. I suggested that the dealers should be given
discounts based on the average volumes they generate
every week and month. This will help in inventory
planning. Secondly whenever the price is increased they
should be increased all at once and any decrease should be
spread over a larger period. This will not allow competitors
and dealers to pre-empt the client.

What do you think I was able to get the fact that the problem related to Game
went right in this Theory.
interview?

What do you think The case had only one solution but I could not exactly
went wrong in this pinpoint that
interview?

Any tips for future Even though the ideas might sound outlandish, get them
batches on the basis of across, they will give you the benefit of thinking out of the
your experience box. Try to involve the interviewer in the case as much as

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possible, if he is interested he will point you out more and
more in the right direction.

Round Third

Personal interview Started directly with the case. At the end of the case asked
questions me about LBO (Leveraged buyout) and asked me to give
an example in the Indian markets

Narration of the case Problem statement:


interview
I was travelling in a taxi when the driver asked me about
switching his car and joining the radio cab service such as
Meru. What is your advice?

Structure:

I said that we will compare the profits of the two methods


and make our decisions based on that. I asked about the
revenue and costs of the two and calculated the profit.

I proved that joining the radio cab was better. But the
interviewer told me that was the wrong answer. He asked
me to go back.

I took the current taxi and approached the different line


items one by one. I suggested that if the driver installed an
AC he will be able to charge more. But the interviewer
asked me to suggest something else.

If the engine of the cab (which was currently diesel) could


be replaced by CNG (the radio cab used CNG) the fuel
cost reduced drastically making the current cab more
profitable. I showed him the calculations.

What do you think I was able to get to the required answer.


went right in this
interview?

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What do you think He expected me to get to the answer much quicker.
went wrong in this
interview?

Any tips for future Try to be receptive to the hints given by the interviewer in
batches on the basis of the process. They are extremely important to get to the
your experience solution quickly.

KPMG

Interview Experience 9

Company KPMG
Name: Abhishek Mani Tripathi
Round 3 rounds of case interviews
Brief Profile : NIT Trichy, ECE, 2years Analog Devices

Personal interview 1. Why Consulting?


questions 2. Why KPMG? What are your expectations from the
internship programme?
3. What would you do for conflict resolution
4. Questions for the interviewer

Narration of the Problem statement:


case interview
Round 1:

A company which has a market share of 60% saw reduction


in its revenue for last 3 years due to intense price
competition. Competitors are reducing prices and the
company is not able to compete since cost of production is
higher than prices quoted by competitors. Machinery
employed for production is old and labor costs have been
rising over years. Customers have been very loyal to the
product.

Round 2:

A multinational insurance company wants to enter into

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Indian market. They offer life insurance, general insurance
and fire and damage insurance. Company has been offering
insurance in its parent country through online mode.

Round 3:

A company wants to set up an automobile manufacturing


unit in India. Do a cost-benefit analysis for the company. I
was not allowed to ask questions in this round.
I tried to analyse this case taking into account factors like
location, government regulations, market size, availability of
labour, transportation etc. ( Time limit : 3 minutes )

Case analysis:

First case :

I proposed that since machinery has not been replaced since


years, quality of products has degraded. Secondly,
competitors have reduced their prices by outsourcing it to
countries like China.

Second case :

Analyse it by separating life insurance, general insurance and


fire and damage insurance. Give inputs on mode of delivery
(online mode is not very feasible in Indian scenario). Also,
take into account role of brokers and agents in case of fire
and damage insurance.
What do you I was able to provide solutions to first 2 cases and the
think went right interviewers looked satisfied but couldn’t do well in third
in this interview? case
What do you Was not able to provide a good solution to third case
think went wrong
in this interview?
Any tips for First of all read complete case carefully. Ask questions and
future batches on try to get as much information as possible. Communicate
the basis of your your answers to interviewers and keep them involved.
experience

Interview Experience 10

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Company KPMG
Name: Rashik Gupta
Round There were 4 rounds and each round followed a
similar pattern – HR questions followed by a case
Brief Profile : BITS-Pilani, Chemical Engineering, 8 months at ZS
(Graduation College, Associates
stream, Work ex
details, etc. )
Personal interview 1. Tell me about yourself
questions 2. Do you know about the work that KPMG does
3. Experience at IIM Lucknow
4. Describe the project that you did at ZS Associates –
This question was followed by many questions about my
project
5. Short-term and long-term goals
6. Personal goals in life
Narration of the case The only thing they were looking was how you structure
interview your analysis and your line of thinking. They were not
looking for any detailed analysis and in all the cases I was
stopped after I had discussed my overall approach.

Case 1:

Problem statement:
Samsung has come up to you with a business
proposition i.e. they want to start an insurance company
for electronic goods. How will you help them?

Case Analysis:

The only thing they were looking was how you structure
your analysis and your line of thinking.
I started with asking questions about the new business
model to extract some information like target
customers,, how is the value proposition different from a
warranty, how much can Samsung expect to charge its
customers for insurance.
My first step was to analyze the business model and
establish the financial feasibility. This was followed by
target customers – who are the target customers and are
they sufficient to justify investment and why will they be
interested in our product. Third step was to deal with
operational issues of providing this product.

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Case 2:

Problem statement:

A foreign bank wants to open its branch in India. They


have hired you as a consultant. How will you approach
this?

Case Analysis:

My first step was to inquire about the bank. So I asked


them about their current scale of operations, countries
where they are operating, their market share and
reputation among clients.
I then explored what are the different areas of banking
where the bank can start its operations and based on the
answers to above questions, narrowed down on 1 area.
Next step was to deal with operational issues, how they
will start operations. I focused on 2 questions in this:
1. Who will be the customers immediately after
starting?
2. How will be getting those customers and build
trustworthy relationship with them?
After an approach was finalized to start operations, I
also briefly discussed how they will proceed in short
term to expand their business in India.

Case 3:

Problem statement:
You want to open a petrol pump. Proceed.

Case Analysis:

In this case, my questions were not answered and I was


told that it is your business, make necessary assumptions.
So I took up 3-4 options like highways, a busy market in
a city and similar other options. Then I followed a
guesstimate approach for calculating the demand in
these locations. Comparison of demand or revenues
with investment gave me the best possible option for the
petrol pump.

Case 4:

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Here they followed a slightly different approach. Before
the case, I was told that no questions will be allowed. I
have to make necessary assumptions by myself and I
have 5 minutes to present my ideas and they won’t allow
me to complete if I am not done in 5 minutes.

Problem statement:

A US car manufacturer wants to setup a plant in India.


You are hired as a consultant. Help them.

Case Analysis:

I started with stating my assumptions to make sure that


all of us are working in the same framework. My
assumptions were:
1. They already export their cars to India: This
helped me to simplify my case as now I am aware
of my target customers and what is my position in
the market. Also I know how my product is
viewed in Indian market.
2. It is amongst the biggest car manufacturers of US:
This simplified the problem of establishing trust
among customers as the company was a big brand
name and enjoyed a good position in the market.

So I started with the reasons of investing in India.


Possible reason can be increase in demand and lost sales
because imports are not able to meet demand or increase
in competition and therefore for reducing costs, I have
to operate in India rather than import my cars. I stated
all the possible reasons and assumed one reason to be
the valid one for further analysis. Let’s say the reason is
increase in competition.
So we have decided that the motive of investing in India
is to reduce costs. Now next step was to decide on a
location that will help me in this regard. So I looked at 2
possibilities for this.
1. My customers are uniformly spread throughout
India. In this case, my only concern about the
location will be investment costs i.e. cost of land,
cost of setting up a plant etc. and the tax rebate
that I will get from state government.

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2. I have most of my customers located in a
particular area. In this case, I must strike a balance
between above mentioned investment costs and
my logistics costs i.e. plant must be located close
to my biggest market.
Since the reason for investing in India is increased
competition, my last step was to analyze how I will use
my cost savings to deal with competition. I analyzed
pros and cons of different options mentioned below:
1. Increase my marketing budget to attract
customers
2. Decrease prices by passing on the savings in
manufacturing to customers
3. A mix of both the strategies

Any tips for future Case analysis is very important. Make sure that you
batches on the basis prepare a structure and show them the structure of
of your experience analysis before starting.

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Mckinsey & Co.

Interview Experience 11

Company McKinsey & Co.


Name: Aman Bhatnagar
Name of Rajat Dhawan, Partner
interviewer and
designation
Round First
Brief Profile : IIT Delhi
(Graduation College, Electrical Engineering (B. Tech)
stream, Work ex Entrepreneur, 17 months
details, etc.)
Personal interview 1. About yourself – one of my interests is TED talks,
questions talked about the model of TED, how it works, qualities I
talked about resonated with consulting, led the interview
from there on, asked about mood on campus, preferred
recruiter, dream jobs
2. Consulting fits, where do you see yourself in
McKinsey, your career goals, 10-15 years down the line?
3. Talking about the AIR 147 in IIT-JEE, coaching
institutes, and then questions to him
Narration of the case Problem statement: NA – No case
interview
What do you think Confidence, at ease, conversational tone and mode
went right in this Relating with the interviewer, leading the interview
interview?
Any tips for future Relax. Be yourself. Talk like you would to a senior
batches on the basis colleague at a swanky restaurant when it’s his treat.
of your experience
Round Second
Name of interviewer Gautam Kumra, Senior Partner
and designation
Personal interview 1. About yourself – about TED talks, structure of
questions TED, about my venture, how it started up, how it
evolved, current state, future plans

2. Told him about a question Rajat asked, discussed


about that for a bit, and then he asked about
other offers, shortlists, interest in finance etc.

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3. Questions about BCG vs McKinsey, detailed
discussion on Collaborative team spirit,
Evaluation patterns, presence in almost all sectors
where other firms are next to absent e.g.
Healthcare, Impact in terms of setting up
organizations like the ISB, PHFI, dealing in a
scale which others could never hope to achieve,
always being the innovators, the trailblazers as
well as facts about compensation.

Narration of the case Problem statement: NA – No case


interview
What do you think Confidence, at ease, conversational tone and mode
went right in this Relating with the interviewer, leading the interview
interview?

Interview Experience 12

Company Mckinsey & Co


Name: Tejas Choudhari
Name of Mr. Sikka, Associate Partner
interviewer and
designation
Round 1st Round
Brief Profile : BTech(IT) from VJTI, Mumbai
Fresher
Personal interview 1. Tell me about yourself. I had practiced this answer
questions many times so was able to say it fluently and perfectly
2. Asked questions about my entrepreneurial venture
and what was my role in it. Current situation of the
venture and future prospects. General questions,
nothing specific
3. Some questions on my cricket career during school
and college
Narration of the case Problem statement:
interview
As he was talking to me about cricket, he started talking
about how we could estimate cricket ball sales in the
country for one year. Basically, I was given a guesstimate
first up.

Case analysis:
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First, I confirmed whether he was talking about leather
cricket ball. Thereafter, I started talking about where a
cricket ball will be used and who will buy a cricket ball. At
each juncture, I kept on checking with Mr. Sikka so as I’m
not deviating from the solution.
Then I told him that I would estimate sales of cricket balls
for Mumbai and then extrapolate it to the whole country.
I calculated number of matches played in one day by
estimating number of grounds in Mumbai (having played
on most of the grounds, it was easy for me). Then I
separated one day matches and 20-20 matches as one day
match requires 2 balls and 20-20 requires 4 balls(As two
20-20 matches are possible on a single pitch in one day).
Also, considering that each ground hosts practice session
2 times a day and this will also contribute towards the
sales. Then he stopped me and said fine. He did not go
into depth of the guesstimate as it could have got
complicated with other parts of the country to be
considered for contribution towards the sales of cricket
balls.
What do you think I was able to connect with the interviewer. I asked him
went right in this questions on which we spoke for 15 minutes and he
interview? seemed interested.
What do you think No idea as such. I guess he needed something more
went wrong in this from the guesstimate. More number crunching could
interview? have helped.
Any tips for future Please practice your cases as well as guesstimates. Also,
batches on the basis know your CV in and out. Always connect with the
of your experience interviewer.
Interview Experience 13

Company McKinsey & Co.


Name: Amit Deshpande
Name of Rajat Bhargava
interviewer and
designation
Round First
Personal interview We started the interview by talking about the video
questions conferencing facilities in IIM L, since there was a VC

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setup in the interview room. We talked about it for a
while and then we started the interview.
He asked the most standard question: tell me something
about yourself. I gave him a long and descriptive answer
since he wasn’t engaging me much. We ended up talking
about badminton since both of us were badminton
players.
Narration of the case Since I am passionate about badminton, he asked me to
interview estimate the no. of badminton courts in India. I started
off by dividing India into rural and urban areas, and
confirmed with him that I can ignore the rural areas for
this guesstimation. I divided the urban areas further into
tier 1 and tier 2 cities, and started with Mumbai as an
average for tier 1 cities. The rest of the case was pretty
straightforward, since I took an average number of
people per badminton court and multiplied it by the
population. I took a percentage of the number in case of
tier 2 cities to arrive at the total number.
What do you think Structure was good. I clarified key assumptions with the
went right in this interviewer before proceeding.
interview?
What do you think I overestimated the total number the first time, but
went wrong in this corrected the number after a reality check.
interview?
Any tips for future Draw out an MECE structure before starting analysis of
batches on the basis the case. Reality checks are essential.
of your experience
Round Second
Name of interviewer Amit Kheda
and designation
Personal interview The interviewer was extremely informal. He was talking
questions how weird the interview process is these days, as
compared to the process in his days. We talked about
how big the interview room was and how difficult it is to
focus while sitting in a comfy couch! He didn’t ask me
any personal questions since he said he had already been
through my CV a million times.

Narration of the case The case was about a fertilizer manufacturing company
interview based out of the US which was receiving complaints
regarding its poor customer service.
I started by asking details about the company, its
operations, its customers, the competitors and the

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market in general (barriers, trends etc.). After the initial
questions, I realized that the problem was in the supply
of fertilizers to the customers (which were 5 major
distributors across the US). So, I broke down the case
into the supply value chain, i.e., raw materials
(procurement and transportation), manufacturing
process and inventory handling. This led me to the
problem which was their inventory handling methods.
Specifically, the demand estimation was way off; they
estimated demand on an annual basis and it was a word-
of-mouth contract with the customers. Besides, despite
geographical variations within the US, the demand was
estimated by one sales team centrally. This was the key
issue and I got to it pretty quickly. The pace of the
interview was very fast and the interviewer did not let
me talk for long periods of time; basically he was testing
me on my speed of option generation. I thought I did
pretty well and suggested seasonal demand estimation
based on geography and that the contracts with
customers should be on paper.

What do you think Good case overall. I got the structure right which helped
went right in this me arrive at the solution fast.
interview?
What do you think Nothing really. However, I really had to think on my
went wrong in this toes because the interviewer was constantly interrupting
interview? me and trying to disturb my thought process.
Round Third
Name of interviewer Gautam Kumra
and designation
Personal interview Very serious interview. He was completely straight-faced
questions right from the word goes. Immediately asked me to tell
him something about myself. After hearing me out, he
asked me to tell him something about my work
experience at the Bain Capability Centre. This part went
pretty well.
Narration of the case He didn’t really give me a case. He asked me which
interview sector I followed in India, to which I replied the retail
sector. We then entered into a discussion into the retail
sector in India. I had very little sector knowledge and
retail was my best bet. SO after giving him some facts
that I had read, he asked me what a retail company think
should about while entering the Indian market, i.e., the

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key success factors. I told him that we should consider
the target customer segment, the product offerings, the
retail format and the locations. The interview was pretty
OK till this point. However, then he started getting into
details. He asked me what a company should do to
compete with the huge unorganized sector, and wasn’t
convinced with my answer. I knew that I’d blown it.
Finally he ended the case and asked me if I had any
other shortlists before I left.

What do you think HR answers.


went right in this
interview?
What do you think Everything else. Sector knowledge let me down.
went wrong in this
interview?
Any tips for future Please prepare one sector thoroughly, not just facts, but
batches on the basis to have a business opinion about it.
of your experience

Interview Experience 14

Company McKinsey & Co

Name: Srinath Nagarajan

Name of interviewer Gautam Kumra, Partner


and designation
Round First
(First/Second/third)
Brief Profile : Chartered Accountant, BCom(Hons) from SRCC,
(Graduation College, Delhi University. Prior work ex as a Tax Consultant
stream, Work ex with Ernst & Young, a Visiting Faculty at St Josephs
details, etc. ) Colleger, Bangalore and then as a Ratings Analyst with
CRISIL Ratings

Personal interview 1. Tell me about yourself –


questions Had a 1 minute intro prepared highlighting
specific aspects about myself that I wanted to
bring to his notice
2. Tell me what you did in CRISIL –
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I explained that I was engaged in assigning Credit
Ratings to Corporates under Basel II Regulations
3. How would you go about Rating a Company, lets
say Bharti Airtel
Because it was Bharti Airtel I had to give an
answer tailored to what the approach would be
for a Telecom company would be. While
answering I was conscious of 2 things – One,
that I have a clear structure to my answers and
Two, tried to keep it as simple and jargon free as
possible.
3.1 (An Offshoot from something I had
mentioned in the earlier answer) What are the
ratios that you would look at?
Here I mentioned the financial ratios that I
would look at stating specifically why I would
look at each ratio. He probed me on a few
ratios here and there. The intention appeared
to be more to check my articulation of a
financial concept.
Eg: What is a Current Ratio?
I explained the formula. However I did not
stop there. I went on to explain that it was
used to assess the liquidity position of the
company. Then I went on to explain to the
logic behind the usage of the ratio – Simply
put, it tells us if there is likely to be sufficient
inflows of funds over the next one year to
meet the maturing payment obligations. So a
current ratio of less than one means the
company has more to pay than what is
coming in, a liquidity problem
(Based on the approving nods that I was
getting, I felt he liked those portions of my
answer where I endeavored to de-jargonize or
simplify complex concepts)
4. So Tell me, how would you increase the revenues
of Bharti Airtel
That was my case, it had begun. However, at that
point I thought it was just an extension of my
previous discussion and I started rambling. One
sentence in, I realized that this was my case to
solve and I wasn’t doing any of the things had
rehearsed - probing questions/ 2 minute time out

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etc. In fact I did not even pick up the pen and
the paper. I will discuss the case in the next
session, but what I learnt is that the case can
come at you un announced just be alert enough
to grab it and not ramble on

Narration of the case Problem statement: How do you increase the


interview revenues of Bharti Airtel

Case analysis:
Preliminary questions - We all know Bharti Airtel and
the services it offered quite well – So there was no need
to ask preliminary questions. Also, since I wasn’t aware
that I was doing a case I did not have the opportunity
to ask preliminary questions.

Structure: The Structure that I used was fairly simple –


Increase in Revenues can in Existing markets or
through expansion in new markets.

I explored the existing markets first. Here increase in


revenues could occur through increased market
penetration, increased usage of basic services among
current users or increased usage of Value added services
among existing customers. He asked me a couple of
questions on how these things can be done and I gave
him some off the cuff answers.

For the New markets, I suggested that the company


could look at inorganic expansion through acquisitions
or through establishment of Greenfield operations in
new markets with high market potential.
The entire case was more like an informal chat. There
were a few follow up questions on some of the options
I had generated. The case did not last very long – about
10 minutes at the max.

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What do you think I thought the pre-case portion of my interview went of
went right in this really well. I was on top of all the points I had
interview? mentioned in the CV, so any discussion on my past
experiences especially work ex went well. The thing I
felt worked for me the most was my ability to describe
the entire rating process without using complex
financial jargons and my ability to explain things from a
layman’s perspective

What do you think I did not do the case analysis particularly well. I did not
went wrong in this use the pen and paper. This meant that I was generating
interview? options thinking on my feet rather than providing
carefully considered alternatives. This to a very large
extent inhibited my creativity and did not give me
enough opportunity to demonstrate my structuring
skills.

Any tips for future Know your Resume well. At no point in the interview
batches on the basis of should you ramble on. All answers must be natural (ie,
your experience must not appear rehearsed), brief, structured and to the
point.
Retaining composure through the interview is critical.
Mistakes may happen during the interview, but it is
important to pick you up and keep at it. People rarely
have perfect interviews where everything has gone right
and interviewers don’t expect it either.

Round Second
(First/Second/third)
Brief Profile : Chartered Accountant, BCom(Hons) from SRCC,
(Graduation College, Delhi University. Prior work ex as a Tax Consultant
stream, Work ex with Ernst & Young, a Visiting Faculty at St Josephs
details, etc.) Colleger, Bangalore and then as a Ratings Analyst with
CRISIL Ratings

Personal interview 5. Tell me about yourself –


questions Had a 1 minute intro prepared highlighting
specific aspects about myself that I wanted to
bring to his notice
6. You have mentioned that you sing on a Band in
Bangalore, what do you do here exactly?–
I explained the kind of music that we played and
where we performed. I also explained the future
plans that we have. I think he liked the fact that it

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was not something of the past and that I had a
vision for the band in future also
7. How do you manage singing on the band, now
that you are in IIM Lucknow
I mentioned how we exchange tracks over the
internet and how we perform and do studio
recordings when I visit during the breaks
8. All right Srinath, let’s start with a case shall we? I
nodded and we moved on to the case

Narration of the case Problem statement: I am the manufacturer of Tata


interview Nano. While setting up the plant I expected to
have sales of around 5 lac Nanos per annum, but
now the number is way below that. Can you help
me find out why

Case analysis:
Preliminary questions – Since it was Tata Nano, lot
of the background questions were not required. I
clarified whether the problem was a lack of bookings
that they received. He agreed.

Structure: The Structure that I used was not the best


but it did get me to the problem. I started off by saying
the lack of bookings could be on account of 3 reasons –
One, a lack of awareness of the product among the
target customers (Marketing problem), Two, Being
aware of the product but not being able to place a
booking (Distribution problem) or a Three, being aware
of the product yet not interested in the product (I called
this the product problem). He asked me to ignore the
first 2 (he did not seem highly impressed) and explore
the 3rd the product problem.

Here I again broke it up in to 2 further branches –


Problems that the Car has by itself (Internal factors)
and problems in the external environment mainly
competition, etc. I deep delved in to the Internal
factors.

Of the internal problems I mentioned, he agreed that


the negative publicity from the steering wheel catching
fire was an issue and comfort factor was another issue.
As and when he acknowledged a problem, I made a

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separate note of it. Eventually when he asked me to
explore the external factors, I used these points to do a
quick summary of the key takeaways up to that point

In the external problem, I divided it into competition


from other cars and two wheelers. I asked a few
questions here trying to pick up a clue or 2 of how to
proceed from there but he just refused to shell out any
information. At this point he also took out his
Blackberry and acted uncooperative. I went on to
analyze for myself that given that the price of the next
cheapest car was over a lakh higher than this car the
issue lay more with the 2 wheelers. I went on to list
factors why people would prefer 2 wheelers to a Tata
Nano. Of the factors I listed, he acknowledged that the
high running costs and availability of easy financing
options seemed like the distinguishing factors. He said I
seemed to have arrived at the problem,

He now asked me to tell me how he could provide


financing options for the Nano. This I felt was like a
guess estimate problem. I said I would work backward
to solve the problem. This is how I solved it – I said the
average Nano target customer would earn Rs 10000 per
month (he had given me that number in an earlier
discussion, he liked the fact that I had noted it down
and was using it again) I said, given the average savings
rate of the country is at 35%-40% (this is from the RBI
website I think). That meant a saving of about Rs 4,000
per month. No one would be comfortable giving up
their entire saving, so if we considered 50% of this, the
customer will be willing to pay an EMI of 2000 per
month. The company would want to complete the
financing within a period of 4 years cause after that the
car may be worthless in case of repossession. So this
meant roughly a down payment of 20,000 followed by 4
years of EMI of 2000 pm approximately (I took his
approval on all of the numbers I used, so he was
comfortable with this number).

Summary: I began to summarize all my


recommendations to that point but he stopped me
saying that I didn’t have to absolutely nail the case.

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What do you think My explanation of the stuff related to music on my CV
went right in this really worked for me. I tend to get a little excited when
interview? I speak of my music and that must have come across as
genuine to him. This I know because when I met him at
the end of the day, he remembered my band’s name
which showed that I had piqued his interest on that
topic.

What do you think In my attempt to keep the structure exhaustive I


went wrong in this dwelled in to a lot of aspects that may not have been
interview? required. He seemed unimpressed by my suggestions of
it being a marketing/ distribution problem. Then again
that may have been a put on reaction merely to unsettle
me.

Any tips for future The most important thing to nail a consult interview is
batches on the basis of composure and confidence. With this in place, half the
your experience job is done.
In all HR answers it is important to show genuineness.
No answer must come across as fabricated.

Interview Experience 15

Company Mc Kinsey

Name: Nirjhar Varshney

Name of interviewer Anuj Agarwal , Engagement Manager


and designation
Round First
(First/Second/third)
Brief Profile : BTech, IIT delhi
(Graduation College,
stream, Work ex Fresher
details, etc.)
Personal interview 1. Tell me something about yourself?
questions

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2. Sharing same IITD and IIML background he asked
my observations about similarities and differences
among 2 institutes?

Narration of the case Problem statement:


interview A company bidding for contracts of Metro construction
is stagnating in a industry with growth rate of 15%?
Figure out a way for them to double their revenue in
next 3 years?
Case analysis:
Got the working model of the firm. The bidding model.
Eventually came to revelation that they are not winning
bids in last 2 years.
Structure:
Analyzed bidding structure ( COST + MARGIN).
Broke into typical cost analysis and identified different
cost heads.
Required to provide innovative solutions for decreasing
cost.

What do you think Got the initial structure of industry right. Asked
went right in this information about an unknown industry before starting
interview? to solve it.

What do you think Unable to provide innovative ideas in end.


went wrong in this
interview?
Any tips for future Practice a lot of cases with diverse people to open your
batches on the basis of analytical approach.
your experience

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