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Booz & Company Consultant Interview Questions and Answers
Booz & Company Consultant Interview Experiences
1 interview found
Rakshit Jain
Interview Questionnaire
6 Questions
- Q1. Case: Your friend wants to enter into the business of selling yoghurts. What will you recommend to him?
- Ans.
I would recommend conducting market research, creating a unique selling proposition, and developing a strong distribution network.
Conduct market research to identify target customers, competitors, and market trends.
Create a unique selling proposition to differentiate from competitors, such as offering organic or locally sourced ingredients.
Develop a strong distribution network by partnering with local grocery stores, c...
- Q2. You are a consultant to the CEO of XYZ company. He wants you to improve the profitability of his business. Help him out
- Ans.
To improve profitability, focus on cost reduction, revenue growth, and operational efficiency.
Conduct a thorough cost analysis to identify areas where expenses can be reduced
Implement strategies to increase sales and attract new customers
Streamline operations and improve productivity to reduce waste and inefficiencies
- Q3. Tell me something about yourself
- Ans.
I am a dedicated and experienced consultant with a passion for problem-solving and helping clients achieve their goals.
Over 5 years of experience in consulting industry
Strong analytical and communication skills
Proven track record of successful project implementations
Client-focused approach to problem-solving
MBA in Business Administration from XYZ University
- Q4. Why consulting?
- Ans.
I am passionate about problem-solving and enjoy working with a variety of clients to help them achieve their goals.
Enjoy problem-solving and working with clients
Variety of projects and clients keeps work interesting
Opportunity to make a positive impact on businesses
- Q5. Why Strategy&?
- Ans.
Strategy& is a top-tier consulting firm known for its innovative approach and global reach.
Strategy& offers unique opportunities for professional growth and development.
The firm has a strong reputation for delivering impactful solutions to complex business challenges.
Strategy& provides access to a diverse range of industries and clients, allowing for a broad skill set development.
The global network of Strat...
- Q6. Tell me something which is not in your resume
- Ans.
I am fluent in three languages - English, Spanish, and French.
Fluent in English, Spanish, and French
Have lived in Spain for a year, improving my Spanish
Studied French for 5 years in school
Interview Preparation Tips
Experience: Resume making is an art, as everybody puts it. It is true to a certain extent. Drafting resume requires a lot of time. It took me 20 days to come up with the final resume. I started by preparing a rough draft and corrected it with time. I got it reviewed from many people so as to avoid any grammatical errors and also to check if the flow of sentences is good. It was a daunting task but in the end it turned out well since I made it to the shortlist of several companies.
Tips: You should start with listing down all your achievements (even if they're small). Having done that, try to club different points into one category and divide your resume in sections. This will make reader's job easy to create an impression of you. Ensure that there are no grammatical errors. Also, try to articulate sentences in a way which is easily understandable.
Once your resume is ready, get it reviewed from peers and seniors.
Round: Case Study Interview
Experience: It was a typical market entry case. The interviewer only wanted to check the structure and hence didn't go into details. After asking relevant preliminary questions, I approached this case by understanding two things, one, if there is any opportunity (profitability) within this business and second, if my friend has the required capabilities to enter into this market. The interviewer asked me questions at various parts of the case. I couldn't reach to the recommendation part because of shortage in time.
Tips: Practice sufficient number of market entry cases since these are commonly asked. In the case interview, always try to understand the interviewer's motive behind giving the problem statement. It can be very well understood after 5-10 minutes into the case. Once you know that, it becomes very easy to cast a good impression through solving the case in his desired direction. Also, it is reasonable to ask for interviewer's help whenever needed.
Round: Case Study Interview
Experience: Case details:
This wasn't a simple case as it looks. I tried 2 different approaches but the interviewer wasn't looking convinced. So I tried another approach of dividing the profitability region wise after taking hints from the interviewer. I then went ahead and asked for profitability in different regions where XYZ was operating. It turned out that one country didn't have profitability at par with other countries so I focused on improving profits for that particular country. The problem was somewhere in cost which interviewer helped me find out. Based on it, I gave my recommendations.
Tips: Try to remain calm when you might not pick the right approach at first for case solving. Listen to your interviewer clearly since he might drop hints for laying down initial structure.
Round: HR Interview
Experience: This interview was a typical HR interview taken by a Partner with majority of time spent on my introduction. I am fond of reading political news and this became a subject of interest for the interviewer. My opinions were asked regarding Bihar elections, Modi Govt and new policies. This interview went smoothly but lasted quite long before I was made an offer.
Tips: This type of interview is majorly meant for two things, one is to see whether you are a good fit or not and second is to see whether you have a recall value (something that is unique to you). You should analyze yourself damn well before going into the interview room. From your strengths to weaknesses, everything should be supported by some examples or relevant arguments.
General Tips: With doing 30-35 cases, the required skills for solving cases can be developed. Make sure cases are as diverse as possible.
Skills: Presentation Skills, Communication, Problem Solving Skills
College Name: IIT Bombay
Top trending discussions
Interview questions from similar companies
Vamsi Krishna
I applied via Campus Placement and was interviewed in Oct 2024. There were 4 interview rounds.
Good enough and it’s through online
Same as of the previous round
Same though online as previously mentioned
(2 Questions)
- Q1. Intro about you
- Q2. Projects related questions
DILR questions very easy
(2 Questions)
- Q1. Guesstimates market sizing
- Ans.
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
- Q2. Tell me about yourself
- Ans.
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
Basic aptitude+logical reasoning test with a duration of1 hr
(2 Questions)
- Q1. Guesstimate on how many red cars are there in the city you are staying currently?
- Q2. Tell me in detail about the projects you have done?
I applied via Company Website and was interviewed in May 2024. There was 1 interview round.
(2 Questions)
- Q1. Why BCG Nairobi
- Ans.
BCG Nairobi offers a unique opportunity to work on impactful projects in a dynamic and diverse environment.
Opportunity to work on projects with significant social impact
Dynamic and diverse work environment
Access to a wide network of clients and industries in Nairobi
- Q2. Tell me about a time you had to deal with ambiguity
I applied via Referral and was interviewed in Sep 2023. There were 2 interview rounds.
(5 Questions)
- Q1. Cv based round why consulting why gep
- Q2. About the company case based questions guestimates
- Q3. Why gep and why consulting
- Q4. Internship based questions
- Q5. Any question you have for us
Interview Preparation Tips
- guestimates
- case based
- CVS
- Consulting
- supplychain
Oran Dillon
Presntation on past project
Design a pms model for startup
(1 Question)
- Q1. No. Of credit cards used
- Ans.
I currently use 2 credit cards for different purposes.
I have 2 credit cards
One credit card is for personal expenses
The other credit card is for business expenses
Interview Preparation Tips
At level E there are people who have done bcom and do not understand anything.The tone and volume at which the level E speak is very bad.
The organization will give you BP, Anxiety and depression
The increment structure is very bad.
The project allocation is random and they don't really care about the employees.
All in all
1. No culture
2. No money
3. No good work
Selected
I applied via Walk-in and was interviewed in Sep 2023. There were 2 interview rounds.
(2 Questions)
- Q1. Water proofing Related question
- Q2. BBS Related questions
Interview Preparation Tips
I applied via campus placement at Indian Institute of Management (IIM), Lucknow
(7 Questions)
- Q1. Why McKinsey?
- Q2. Why Consulting?
- Q3. Think of a failure in life and how it changed you?
- Q4. Situational questions on teamwork & how to deal with team members?
- Q5. Finance as a specialization: what are your key learnings?
- Q6. Social projects done at Miranda House & difficulties and uncertainty faced in those: how did I overcome them?
- Q7. Experience at Citi: what was your project, key learnings, first corporate experience?
McKinsey is working with an auto components supplier for automotive vehicles. Design a strategy to increase its revenues in the next 3-5 years.
[Please note that I stands for Interviewer and C stands for Candidate]
C: Is there a target revenue increase?
I: Doubling in next 3 years.
C: Which geography is our client located in?
I: India
C: Who are the takers of these auto components and where are they based?
I: Indian companies: likes of say Maruti (for 4 wheelers) and Honda (for 2 wheelers).
C: What parts/components of the automobile exactly do they manufacture?
I: Exteriors (steel fabricated parts visible externally: say doors of the car, roof).
C: Should I focus on OEMs for 4 wheelers & if yes, which specific types of 4 wheelers (say passenger vehicles or commercial vehicles)?
I: Yes, both are serviced by the client. Focus on them.
C: I'd like to understand the industry landscape: growth rate of the company vis-a-vis industry.
I: Industry has been growing steadily. Our client is present & it's not losing market share.
C: What are the distribution channels: any direct-to-consumer touchpoint?
I: They supply to OEMs and also sell replacement parts via client --> distributors --> retailers -> car owners who need replacement.
At this point, I thought I fairly understood the case-at-hand and took a couple of minutes to think.
My structure was as follows:
Step 1: Identify the different sources of revenue existing and potential: Sales to car manufacturers & replacement market (existing), new product lines (car interiors like seats/steering): potential lines.
Step 2: For each revenue line, demarcated the markets (existing geographies v/s new ones)
C: What are the KPIs in this industry for the current geographies?
I: What do you think? Focus on existing product & market.
C:
1) Interoperability among different models/carmakers
2) Quality & longevity of product
3) Service guarantee
4) Price point
I: Point 1 & 4 were the key to success in this space.
C: Could you tell me about the players in the current space & if there are any foreign forces?
I: Mentioned Chinese players and how they were flooding the market with cheaper components to which the current costs stood no competition. Please recommend both short term & long-term solutions to combat this.
C: Mentioned few points like their source of low costs was cheap steel which was 80% of the auto-body. Short Term Solution: Demand exclusivity from OEMs to sign long term contracts.
Long Term Solution: Procurement Lever, Rationalizing steel usage, alternative material R&D, brand name development.
I: Thanks, that'll be all. Please synthesize the case for me.
Guesstimate the market for niche home products for smart personal devices for households.
[Please note that I stands for Interviewer and C stands for Candidate]
It was more conversational. I did not realize when the case started.
Laid out the structure: number of HHs in India --> Urban/Rural Split --> Income split.
I: Please do the entire calculation and give me the numbers.
C: Started calculating & speaking the figures aloud.
I: Tell me the specific customer segments to target at the outset.
Identified the following target segments:
1) Rich & affluent urban nuclear families
2) Double Income No Kids segment
3) Tech-inclined singles
4) Old aged rich grandparents looking for convenience.
Interview Preparation Tips
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