Tips for mastering industries in consulting case interviews
Learn about industries and sectors
Are you facing a case in the mining industry with no idea how to proceed? Understanding the key sectors is crucial. Mastering the sectors and understanding how they function, from their revenue drivers to their cost centers and dynamics, is fundamental to any consulting case.
How to learn about industries
Identify key sectors: select the industries you want to understand better; use our website's resources to guide you.
Research and learn: study how revenue is generated, what the main costs are, and other value drivers in these sectors.
Practice framing exercises: Perform framing exercises to internalize your understanding of the industry.
Critical aspects to consider
Don't attend an interview without industry knowledge: Arriving at an interview without knowledge of a key sector, such as telecommunications or banking, puts you at a disadvantage.
Each sector is unique: familiarize yourself with the specific aspects of each sector.
Repetitive concepts simplify cases: When you are familiar with an industry, the concepts are repeated, making it easier to solve cases.
A thorough understanding of various sectors will build your confidence in solving consulting cases and help you stand out during interviews.
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