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The session covers what employers typically look for, including structured thinking, relevant questions, arithmetic and chart/table reading, and synthesis of information across sources. 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Candidates are usually asked to solve a business challenge, often based on work similar to what the firm has done in the past.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"Who uses case interviews and why?",{"text":117,"@type":113},"Case interviews are most often used by consulting firms and some financial firms because there is no single profile for consultants or bankers. 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In a case interview, candidates are usually asked to solve a business challenge. The challenge is often a toned-down version of a project that the firm has done in the past.  \nWho uses case interviews  \nCase interviews are most often used by consulting firms, as well as some financial firms. This is because there is no single profile for consultants (or bankers) . The cases test basic business sense, analytical ability, and the problem-solving capabilities essential to these types of jobs. In recent years, other industries have also started to conduct case interviews.  \nFormat of case interviews  \nIn general, cases take about 20-30 minutes to complete. New information may be given as the case progresses to prepare candidates for additional questions from interviewer. There are many variations on case interviews (such as being interviewed in groups), but they will not be covered here today.  \nSource: Simon-Kucher & Partners  \nSimonKucher_Case Interview Prep_Apr 2015 5  \nWhat do employers usually look for in case interviews?  \nOften, a case is more about the process than getting the answer, so understanding what employers look for in case interviews will help you know how to approach them.  \nProblem-solving skills  \nBusiness sense  \nAnalytical capabilities  \n􀀁 Do you make an effort to understand the key issues?  \n􀀁 Do you have a structured approach?  \n􀀁 Are you asking relevant questions?  \n􀀁 Did you take time to consider all the options (be creative) and their implications?  \n􀀁 Familiarity with basic concepts such as supply and demand  \n􀀁 Understand that there are a variety of business goals (profit, revenue, market share, brand awareness, etc. )  \n􀀁 Awareness of how some current companies do their business (e.g. Google makes money on advertisements, etc. )  \n􀀁 Can you do basic arithmetic?  \n􀀁 Can you read charts and tables?  \n􀀁 Do you read between the lines (implications of what you see)?  \n􀀁 How good are you at piecing together information from different sources (synthesis and insight)?  \n􀀁 Are you articulate?  \n􀀁 Can you tell a compelling story (not just the solution, but why you believe it is the best)?  \n􀀁 Can you organize information in a clear manner (slide making in some cases)?  \nSource: Simon-Kucher & Partners  \nSimonKucher_Case Interview Prep_Apr 2015 6  \nCommunication  \nAs in regular interviews, interviewers will be looking for poise and fit: Do you carry yourself professionally? Are you engaged and confident?  \nAgenda  \n􀀁  \n􀀁  \n􀀁  \nIntroduction  \nAcing case interviews  \nSample case walkthrough  \nSimonKucher_Case Interview Prep_Apr 2015  \n􀀁 What is a case interview?  \n􀀁 Strategies and tips  \n7  \nStrategies: A clear and logical approach is the most important factor  \nUnderstanding the problem  \nStructuring and solving the problem  \nMaking a recommendation  \n▹ Cases are extre","cbCairVvjjbj22L6","https://ap.wps.com/l/cbCairVvjjbj22L6","pdf",1357785,23,"English","# What is a case interview?\n## Definition\n## Who uses case interviews\n## Format of case interviews\n# What do employers usually look for in case interviews?\n## Problem-solving skills\n## Communication\n# Strategies and tips\n## Understanding the problem\n## Structuring and solving the problem\n## Making a recommendation","[{\"question\":\"What is a case interview and what does it test?\",\"answer\":\"A case interview is a scenario-based job interview that tests problem solving skills. 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