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Oliver Wyman Consulting Intern Interview Questions and Answers
Oliver Wyman Consulting Intern Interview Experiences
1 interview found
Selected
I applied via Company Website and was interviewed before Nov 2022. There were 3 interview rounds.
Market study, pricing case study
(1 Question)
- Q1. Situstiuation where you had to make a difficult decision
- Ans.
Had to decide whether to continue a failing project or cut losses and move on
Analyzed project data and financial projections
Considered potential impact on team morale and company reputation
Consulted with stakeholders and team members for input
Ultimately decided to cut losses and reallocate resources to more promising projects
Top trending discussions
Interview questions from similar companies
Health care
(1 Question)
- Q1. Tell me about an article you read about this week
Interview Preparation Tips
I applied via Company Website and was interviewed in Oct 2023. There was 1 interview round.
(1 Question)
- Q1. Give me an example of a restructuring case they've worked on
Interview Preparation Tips
Selected
I applied via Referral and was interviewed in Nov 2022. There were 3 interview rounds.
Basic DI, LR and Quant Questions
(2 Questions)
- Q1. Previous internship experience
- Q2. Why do you wanna work with EY
Interview Preparation Tips
Senior Consulting Manager Interview Questions & Answers
National Institute for Smart Government
Anonymous
posted on 18 Jan 2021
Interview Questionnaire
2 Questions
- Q1. All about my previous engagements, and role I played
- Q2. How can I be a best for industry
Interview Preparation Tips
Than be specific on question and avoid repetition.
Interview Questionnaire
4 Questions
- Q1. Tell me about yourself
- Ans.
I am a highly motivated individual with a passion for learning and a strong work ethic.
I have a degree in computer science and have completed several internships in the tech industry.
I am proficient in programming languages such as Java, Python, and C++.
I am a quick learner and enjoy taking on new challenges.
I am a team player and have experience working on group projects.
I am excited about the opportunity to gain more...
- Q2. The case was based on a tractor manufacturer and the falling market share of the company. The primary idea was to lay out all possible reasons for such a fall both from the view of supply and customer...
- Q3. The aim was to improve the profit per ton of cement sold. This was again a quantitative case where the different transportation routes were to be mapped and the most profitable markets were identified...
- Q4. This was a case discussion as opposed to a case solving exercise. Here the interviewer discussed the various possibilities for starting a new shop in terms of pricing, costs, financing, recruitment, l...
Interview Preparation Tips
Experience: The first round required a systematic approach and therefore adequate preparation helped to solve this case in a structured manner.
Tips: Overall presenting ideas with logic and structure helped me.
Round: Case Study Interview
Experience: The second round did not go well for me. Here it was easy to get lost in the many levels of the case and therefore it would be useful to attempt some quantitative cases as well. Along with this, it was important to stay calm when solving the case was hard which I was not able to do well enough.
General Tips: Prepare hard and work on exploring all possible options within a case.
Skills:
College Name: IIM Lucknow
Interview Questionnaire
4 Questions
- Q1. Round 2:A case based on tackling the problem of Anemia in India (assuming the role of the Prime Minister of India)
- Q2. A case based on market entry of a firm into India (basic structure required).HR questions on why consulting?Long term goals?
- Q3. Generic HR
- Q4. Simple guestimate to estimate the size and revenue of Apple I phone 6 in India
Interview Preparation Tips
Experience: If you were the Prime Minister of India how would you tackle the persistent problem of anemia.(key pointers- conduct a pilot, rope in the rural local leaders as they are very strong opinion leaders)
Round: Case Study Interview
Experience: A well reputed pharma firm wants to enter the indian market.Chart out the structure for the same.Decision on whether to manufacture locally or import from the host nation.Slight costing structure figures were given with basic calculations required.
General Tips: Just be confident.Being yourself is the key.Do not try to lie to impress the panel.Honesty is highly appreciated.Be clear on why consulting.Practice as many cases (in a formal structure and environment).Note the feedback and continuously work on the same.
Skills:
College Name: IIM Lucknow
I applied via Naukri.com and was interviewed in Mar 2021. There were 3 interview rounds.
Interview Questionnaire
3 Questions
- Q1. What are intangible Asset ?
- Ans.
Intangible assets are non-physical assets that have no intrinsic value but can generate revenue for a company.
Examples include patents, trademarks, copyrights, and goodwill.
They are not physical in nature and cannot be touched or seen.
They are recorded on a company's balance sheet and can be bought, sold, or licensed.
Their value is determined by their ability to generate future economic benefits.
They are important for ...
- Q2. Accounting standard that deal with Asset, and depreciation
- Ans.
The accounting standard that deals with asset and depreciation is IAS 16.
IAS 16 stands for International Accounting Standard 16.
It provides guidance on how to account for property, plant, and equipment.
It also covers the recognition, measurement, and depreciation of assets.
Depreciation is the systematic allocation of the cost of an asset over its useful life.
Examples of assets covered by IAS 16 include buildings, machi
- Q3. Salaries outstanding journal entry ?
Interview Preparation Tips
Interview Questionnaire
11 Questions
- Q1. Tell me about yourself
- Ans.
I am a highly motivated individual with a passion for learning and a strong work ethic.
I have a degree in computer science and have completed several internships in software development.
I am proficient in programming languages such as Java, Python, and C++.
I am a quick learner and enjoy taking on new challenges.
I am a team player and have experience working collaboratively on projects.
I am also a good communicator and
- Q2. Why Alvarez?
- Ans.
Alvarez is a reputable company with a strong track record in the industry.
Alvarez has a proven track record of success in the industry
The company has a reputation for quality and reliability
Alvarez has a strong commitment to customer satisfaction
The company offers a wide range of products and services to meet the needs of its customers
- Q3. Why consult?
- Ans.
Consulting provides expert advice and solutions to complex problems.
Consulting helps businesses and organizations improve their performance and achieve their goals.
Consultants bring specialized knowledge and experience to help clients solve specific problems.
Consulting can provide an outside perspective and objective analysis of a situation.
Consultants can help clients navigate change and implement new strategies.
Examp...
- Q4. Work experience at Tata Steel.
- Ans.
I have not worked at Tata Steel.
I do not have any work experience at Tata Steel.
I have not worked in the steel industry before.
I am open to exploring opportunities in the field of steel manufacturing.
- Q5. The case was printed and quite long. It was about auto components part and everything was given about it. Suggestions were to be given whether a new company should enter it or not. I was given time to read...
- Q6. Tell me something that is not mentioned in the CV
- Ans.
I have a passion for cooking and have won several local cooking competitions.
I enjoy experimenting with different cuisines and creating my own recipes.
I have taken cooking classes and workshops to improve my skills.
I have volunteered at a local soup kitchen to help prepare meals for the homeless.
I have a food blog where I share my recipes and cooking tips.
I have also catered small events for friends and family.
- Q7. How do your friends perceive you?
- Ans.
My friends perceive me as a reliable and supportive person who is always there for them.
Reliable and dependable
Supportive and empathetic
Good listener
Fun and easy-going
Honest and trustworthy
- Q8. Do you read management books?
- Ans.
Yes, I do read management books.
I believe that reading management books is essential to keep myself updated with the latest trends and techniques in the field.
I have read books like 'The Lean Startup' by Eric Ries, 'Good to Great' by Jim Collins, and 'The 7 Habits of Highly Effective People' by Stephen Covey.
These books have helped me develop my leadership skills, improve my decision-making abilities, and enhance my ov...
- Q9. One finance problem
- Q10. One current affairs question
- Q11. Any question would you like to ask me
Interview Preparation Tips
Experience: I had well prepared the initial questions – about myself, why consult and why Alvarez questions which helped me in gaining confidence. It was my only interview of the day so I was quite relaxed. The interviewers also seemed friendly.
Round: HR Interview
Experience: I hadn’t prepared ‘Something that is not mentioned in the CV’ question. I had to come up with on the spot answer which could have been better.
General Tips: Do well prepare your HR questions and work experience part. It really helps on the final day.
Skills:
College Name: IIM Lucknow
Business Consulting Senior Consultant Interview Questions & Answers
Ernst & Young
Anonymous
posted on 12 Jan 2022
I applied via LinkedIn and was interviewed in Dec 2021. There were 5 interview rounds.
Interview Questionnaire
1 Question
- Q1. Skill and communication
Interview Preparation Tips
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