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ience Initiative/motivation Xxxxxxx/Footer 4 CASES CAN TAKE THREE FORMS Focused questions Theoretical cases Actual case examples Our most mon Estimation ? “How many car batteries are sold annually in the United States?” Brainteaser (not preferred) ? “Give me ten ways to find a needle in a haystack” Abstract business situations and problems ? “Could you make a business out of going door to door and exchanging coins for bills?” Drawn from the interviewer?s own experience Usually condensed and simplified Often disguised for confidentiality Xxxxxxx/Footer 5 HOW TO PREPARE Read, read, read… and think ? Wall Street Journal, Business Week, etc. ? “Structure the story” from the headline Practice problem solving ? Case examples (Wet Feet Press, consulting pany websites, GSB mock interview/workbook) ? Friends, family, professors ? Make it as realistic as possible (. timing, write down ideas/approach, talk out loud) Talk to alumni and friends who went through it Xxxxxxx/Footer 6 Do Don?t Relax – case should be viewed as “fun”, “challenging” Make sure you understand the problem Tell the interviewer if you have heard the case before Ask questions Think out loud Take notes, draw, or sketch if you wish Respond to the issue with your own thought process not set frameworks Accept guidance and clues ? Do something with numbers if you?re given them Take a structured approach, e to a conclusion Try to replicate months of BCG case team work in 20 minutes ? There is no one “right” answer Bee unnerved, frazzled, or panicked ? It?s OK to ask for help Keep your thoughts to yourself ? Interviewers are more interested in the process than the result Jump around from topic to topic ? Or jump to conclusions too quickly Impose artificial frameworks Try to take advantage of prior knowledge Rush to an answer HOW TO APPROACH THE CASE INTERVIEW Xxxxxxx/Footer 7 SOME COMMON MISTAKES Mistake Fail to demonstrate interest in position Do not structure answer Define problem too narrowly Give a generic, simplistic answer Focus on getting the answer, not demonstrating thought process Lack of conviction Interviewer men