If you're a business-school student -- at the undergraduate or MBA
level -- chances are you already know something about how to handle a
very specialized kind of job interview -- the case interview. Many
business-school courses revolve around case analysis, and many
business students have become pros at picking business cases apart.
Still, the thought of doing so within a tight time-frame (usually
15-20 minutes) in the already highly pressured situation of a job
interview can be daunting -- if not downright terrifying.
The case interview is employed primarily by management-consulting
firms, as well as investment-banking companies, and is increasingly
being used by other types of corporations as at least part of the
job-interviewing process. Some firms use case interviews only for
MBA-level job candidates, while others use them for undergraduates,
as well.
Business students who are not totally comfortable with case analysis
and liberal-arts students with little or no exposure to the case
method can take comfort in knowing that a vast collection of
resources is available, both on and off the Internet, to tell you
everything you need to know to succeed in a case interview. We'd be
foolish to try to reinvent any of that great resource material, so
the purpose of this article is to give you a brief overview of the
case-interview process. We then provide a sampling of excellent
resources to help you delve further into this tricky interviewing
mode. Perhaps most helpful are the resources provided by companies
who actually conduct case interviews. There's nothing like going to
the source when you want to know what your interview will be like.
To invoke a definition of the case interview offered by MIT's Careers
Handbook, it's an interview in which "you are introduced to a
business dilemma facing a particular company. You are asked to
analyze the situation, identify key business issues, and discuss how
you would address the problems involved."
Case interviews are designed to scrutinize the skills that are
especially important in management consulting and related fields:
quantitative skills, analytical skills, problem-solving ability,
communications skills, creativity, flexibility, the ability to think
quickly under pressure, listening skills, business acumen, keen
insight, interpersonal skills, the ability to synthesize findings,
professional demeanor, and powers of persuasion.
Above all, the firm will be looking for someone who can do the real
work at hand. Management-consulting companies, for example, want to
know that you are the kind of person who can make a good impression
on clients. Describing a presentation on case interviewing given at
Columbia University by representatives of McKinsey and Company, Jim
Oh notes that consulting firms value case interviews because "there
is no right background for consulting. Consulting requires working in
unfamiliar territories, thinking on your feet, and performing in
situations where you never have enough time."
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