838: Sanity Checking Estimations in Cases (Case Interview & Management Consulting classics)

838: Sanity Checking Estimations in Cases (Case Interview & Management Consulting classics)

Many candidates forget to sanity-check their calculations in a case. That is a bad idea. Without a sanity-check there is no way to meaningfully assess the accuracy of your answer. More important, how you perform the sanity check is the key. All sanity-checks must involve the reduction of the answer to a number that you can intuitively compare to your own experiences. Unless you do this, you can never defend your answer.

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Episoder(828)

296: The Lesson in Choosing to Resign

296: The Lesson in Choosing to Resign

When I was an associate and had just joined the firm from a boutique firm, many of my colleagues from the boutique firm were also looking for new roles. Some of them were outstanding and others were t...

15 Des 201513min

295: Why Some Firms Have Too Many Interviews

295: Why Some Firms Have Too Many Interviews

Have you ever applied to a firm that wants you to interview with 7 to 12 people? They will tell you this is because they are careful or because everyone must have a say in the decision. None of that i...

8 Des 20156min

294: BCG Middle East's Promotion Policy Hurts the Firm

294: BCG Middle East's Promotion Policy Hurts the Firm

When Booz was acquired by PwC, many consultants joined rival firms. BCG Middle East was a major recipient of Booz employees. In this podcast we explain a promotion tenure limit imposed by the BCG Midd...

1 Des 20157min

293: Managed out of McKinsey & BCG?

293: Managed out of McKinsey & BCG?

Too many clients panic when they are managed out of McKinsey, BCG or Bain. They assume the worst and imagine a tattered reputation. This could not be further from the truth. In this podcast we explain...

24 Nov 20156min

292: Sveta's Internship Experiences

292: Sveta's Internship Experiences

In this podcast we discuss the most recent experiences of Sveta, a scholarship holder in our Emerging Fellows program. Sveta hails from a tiny village in the far north-east of Siberia. We helped her j...

17 Nov 201516min

291: Bill Matassoni Interview, BCG and McKinsey Senior Partner

291: Bill Matassoni Interview, BCG and McKinsey Senior Partner

This is an exclusive interview that Bill recently had with Firmsconsulting where he shared some counter-intuitive concepts you will not hear anywhere else. Bill was the partner who helped develop and ...

25 Okt 20151h 7min

289: Strategy storyboards after just 5 days?

289: Strategy storyboards after just 5 days?

This podcast introduces the new and comprehensive consulting business case + financial analyses + financial modelling training we are about to release. In particular I discuss my internal consulting t...

19 Okt 201510min

288: New consulting business case training

288: New consulting business case training

This podcast introduces the new and comprehensive consulting business case + financial analyses + financial modelling training we are about to release. In particular I discuss my internal consulting t...

13 Okt 20159min

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