By WetFeet

All procedure consulting hopefuls needs to grasp the case interview. This WetFeet Insider consultant offers pointers on surviving the case interview; a proof of different case forms, with vintage examples of every; seven perform case questions you should use to perform making use of your new talents; certain examples of the way to reply to each one kind of case query, together with pattern interview scripts. BUS037020

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Extra resources for Ace Your Case! Consulting Interviews (WetFeet Insider Guide)

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The negatives? Well, they’re a little simplistic and they may not help you to remember all the points you need to hit in your analysis— particularly in more complex case questions. Nevertheless, the basics are always a good place to start, and these frameworks can often be used in combination with other approaches. Case Interview Internal/External Application: The Firm vs. the Market/The Firm vs. the Competitive Environment Questions The internal/external framework is a good starting point for case questions that ask you to look at a firm and its environment or market.

Basics of the Balance Sheet ... continued LIABILITIES AND STOCKHOLDERS’ EQUITY Current Liabilities: Accounts payable K Loans payable L Income taxes payable M Dividends payable N K+L+M+N=O Long-term debt P Deferred income taxes and noncurrent liabilities Q Total Liabilities O+P+Q+=R Shareholder equity S Common stock T Retained earnings U Total Stockholders’ Equity S+T+U=V Total Liabilities and Stockholders’ Equity R+V Copyright 2003 WetFeet, Inc. Case Interview Total current liabilities 51  Basics of the Cash Flow Statement CASH FLOWS AND OPERATING ACTIVITIES Net income A Adjustments to reconcile net income to net cash from operating activities: Depreciation expense B Amortization of intangibles C Gain on sale of plant assets (D) Increase in accounts receivables (net) (E) Decrease in inventory F Decrease in accounts payable (G) Total B + C + (D) + (E) + F + (G) = H Net cash provided by operating activities A+H=I Case Interview Cash flows from investing activities Sale of plant assets J Purchase of equipment (K) Purchase of land (L) Net cash provided by investing activities J + (K) + (L) = M Cash flows from financing activities 52 Payment of cash dividend (N) Issuance of common stock O Redemption of bonds (P) Net cash provided by financing activities (N) + O + (P) = Q Net increase (or decrease) in cash I+M+Q=R Cash at beginning or year S Cash at end of year R+S Copyright 2003 WetFeet, Inc.

On the benefit side, we’d want to look not only at the new-client business that could be generated, but also at the incremental business that could be drawn from existing customers. We’d also want to examine the potential to achieve savings in operating costs. . ” Go, go, go, you consulting-interviewing machine! Copyright 2003 WetFeet, Inc. 35 Supply/Demand Application: Market Analysis, Business Strategy, Product-Pricing Questions The supply/demand framework is the granddaddy of economics frameworks.

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