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I applied via Campus Placement
You are working with online retailer focusing on the fashion industry. Their private label business is 200mn USD. How will you further grow this?
[Please note that I stands for Interviewer and C stands for Candidate]
C: Reiterated the problem and said that we can assume this to be Myntra to start with.
I: Sure. Go ahead.
C: Please share more details about the company and about their business.
I: The company is 7-8 years old, based out of India and is in apparel & accessories segment. No major customer segments. The company holds 25% market share and is among top 4 players in ecommerce, and top 2 in fashion.
C: Asked if there is enough demand in the market. Given it is in the India market, said there must be enough demand.
I: Yes, there is. We can focus on how to cater to the demand.
C: So, we can expand in 2 ways- B2B and B2C. Gave example of B2B – like giving clothes to big bazaar.
I: We need to make our brand name, so focus on B2C.
C: Sure, so in that case we have multiple options – (1) selling through own website, (2) selling through third party websites, (3) from own new stores or (4) from third party stores.
Asked Interviewer of what she wanted me to focus on and how to proceed ahead.
I: Please size the market for each of these options after 3 years.
C: Sure. Started taking numbers on overall market size, growth and estimated percentage that can be made from it.
I: Let us assume Amazon to present 1 bn USD opportunity with growth rate 20% and amazon has 5000 brands.
C: Calculated market size - 1.7 bn in 3 years. Assumed top 60% sales from major brands, 20% from Private labels and 20% from others. Given 100 brands in private label, calculated 3.4 MN USD opportunity from Website.
(Similarly got information for other 3 ways and calculated market for each of them. Tried to catch on hints like own website growth would be more than that on Amazon, and how to push own product on our website without losing customers.)
You are working with IT service company and the profits are less than those of the competitors. Identify the issues and also suggest possible solutions.
[Please note that I stands for Interviewer and C stands for Candidate]
C: Tried to ask about the company and what all it does.
I: Sure, so company is like Wipro etc. who work across multiple industries like consumer, Industrial goods etc. These company get projects from the industry and work on it. Do you know about Hunter, Farmers, New logo, win rate and close rate?
C: No, since I am new to this industry, it will be great if you can help me with these.
I: Sure. Hunters are sales team members, farmers are accountants. New logo referred to new companies that were clients within the past 1 year. Win rate is clients hat got converted divided by total companies approached by hunters. While close rate was total potential of the converted clients divided by total available pool. Next, tell me why are new logos important?
C: It is because these are essentially clients that can will give us lot of work in the future and have lot of potential.
I: Absolutely correct. So, our win rate is same as other companies, but close rate is lower. Can you figure out the reason?
C: Sure, so it is important to understand this from a hunter’s perspective. Broke the problem into 2 parts- if the hunters were willingly doing this or not. Gave justification of willingness as motivation could be less because of fixed pay or pay in terms of number of deals.
I: No, so they are paid 2% of the deal amount.
C: There could be a few cases here, if the hunters themselves selected these pools of people and did not realize the potential or they were given a set of people.
I: They themselves choose to select the people.
C: Hence that means they were not strategically approaching these people and that is leading to the issue of lower profits and revenue eventually.
I: Correct, but how will you solve this issue?
C: Figured out multiple ways like – salary basis client size, fixing the clients to interact, better training for good conversion rates, allocating clients basis capabilities.
I: Yes, one more way is to pay more for bigger clients like 6-7% for bigger clients in terms of opportunities, and 2% of deal for smaller clients.
Estimating the revenue of a museum in a day in a European city.
Consider the average ticket price of the museum
Estimate the number of visitors based on the museum's popularity and capacity
Factor in additional revenue sources like gift shop sales or special exhibitions
Take into account any discounts or promotions offered by the museum
Research similar museums in the city to gather comparative data
Aptitude test consisting of many Data Interpretation questions and general quant
It's a general business case study round, however I was rejected in the previous round
I applied via LinkedIn and was interviewed in Jun 2024. There were 6 interview rounds.
It was an hour-long coding round, asked questions on basic pandas slicing dicing, building simple regression model, handling class imbalance in SVM
Different types of ML models, how they work, differences among them, types of performance metrics, pros and cons.
Types of ML models include linear regression, decision trees, support vector machines, neural networks, etc.
ML models work by learning patterns from data to make predictions or decisions.
Differences among models include complexity, interpretability, scalability, and performance.
Performance metrics for ML mod...
Develop a solution for inventory optimization of a Shoe retailer. Forecast sales and plan inventory at a store level for a national seller.
Why you want to join the company, Simple case (how do you use analytics to clear stock of a particular seasonal product after the peak season).
I applied via Company Website and was interviewed in Aug 2024. There were 2 interview rounds.
Uber data model design for efficient storage and retrieval of ride-related information.
Create tables for users, drivers, rides, payments, and ratings
Include attributes like user_id, driver_id, ride_id, payment_id, rating_id, timestamp, location, fare, etc.
Establish relationships between tables using foreign keys
Implement indexing for faster query performance
Bain & Company interview questions for popular designations
I applied via Approached by Company and was interviewed in Jun 2024. There was 1 interview round.
Get interview-ready with Top Bain & Company Interview Questions
I applied via Campus Placement and was interviewed in Jul 2024. There were 3 interview rounds.
It was a 1 hour test. It consists of two sections (i) 8 ques were of Business case studies (ii) 12 ques were of quantitative aptitude.
Where clause is used to filter rows before grouping, while having clause is used to filter groups after grouping.
Where clause is used with SELECT, UPDATE, DELETE statements to filter rows based on a condition.
Having clause is used with GROUP BY statement to filter groups based on a condition.
Where clause is applied before grouping, while having clause is applied after grouping.
Example: SELECT * FROM table_name WHERE co...
Hard level maths and reasoning
Foreign travelers contribute significantly to the Indian economy through spending on accommodation, transportation, shopping, dining, and attractions.
Foreign travelers contribute to the Indian economy through spending on accommodation, transportation, shopping, dining, and attractions.
Tourism sector accounts for a significant portion of India's GDP and job creation.
Foreign exchange earnings from tourism play a crucial ...
I applied via Campus Placement and was interviewed in Aug 2024. There were 2 interview rounds.
Quants and basic dilr
Consulting offers diverse challenges, opportunities to work with various industries, and continuous learning.
Opportunity to work with a variety of industries and clients
Constantly learning and developing new skills
Solving complex problems and providing valuable insights
Exposure to different business environments and challenges
The number of fans sold in India annually varies depending on market demand and economic factors.
Sales of fans in India are influenced by factors such as population growth, urbanization, and disposable income levels.
Major fan manufacturers in India include companies like Orient Electric, Crompton Greaves, and Usha International.
The demand for energy-efficient fans has been increasing in recent years due to rising aware...
Z test is a statistical test used to determine if there is a significant difference between the means of two groups.
Z test is used when the sample size is large and the population standard deviation is known.
It compares the means of two groups by calculating the z-score and determining the probability of obtaining that result by chance.
The z-score is calculated as the difference between the sample mean and the populati...
I applied via Campus Placement and was interviewed in Aug 2024. There were 2 interview rounds.
DATA INTERPREATION 20 QUESTIONS 1 HOUR TIME
I chose this COE because of its strong reputation in the industry and the opportunity to work with cutting-edge technology.
Reputation of the COE in the industry
Opportunity to work with cutting-edge technology
Alignment of COE's goals with my career aspirations
The number of bicycles sold in Delhi is not available.
Data on the number of bicycles sold in Delhi is not provided
It would require access to sales data from bicycle retailers in Delhi
Market research or government statistics may have this information
DILR questions very easy
Estimate the size of the market by making educated guesses based on available information
Start by identifying the total population or target demographic
Estimate the percentage of the population that would be interested in the product or service
Consider factors such as market trends, competition, and potential growth opportunities
Use industry reports, surveys, and data analysis to support your estimates
Experienced consultant with a background in business strategy and project management.
Over 5 years of experience in consulting roles
Specialize in developing and implementing business strategies
Skilled in project management and client relationship management
Previously worked with Fortune 500 companies on large-scale projects
Case study on market entry
I was interviewed in Jul 2024.
It was a short online test. Only 20 questions in an hour. Mostly data interpretation and behavioral questions were there.
It is difficult to provide an accurate estimate without specific sales data, but we can make an educated guess based on market trends and previous sales figures.
Consider the overall smartphone market share of Apple in India
Look at historical sales data of iPhones in India
Analyze the impact of new iPhone releases on sales numbers
Take into account any promotional campaigns or discounts offered by Apple in India
Estimating the number of ACs sold in Shimla requires analyzing market trends, population demographics, and sales data from retailers.
Research market trends and consumer preferences in Shimla
Analyze population demographics to understand potential demand for ACs
Collect sales data from retailers in Shimla to estimate the number of ACs sold
Consider factors like climate, income levels, and competition in the AC market
Use st...
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The duration of Bain & Company interview process can vary, but typically it takes about less than 2 weeks to complete.
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