Bain Case Interview - Strategy consultant reacts to mock case interview

In this video, an Ex-McKinsey consultant reacts to a mock case interview. The interview is an official Bain case interview. I will review all key steps of the consulting case interview with you and help you prepare for case interviews. Case interviews are part of every MBB consulting interview process (McKinsey, BCG, Bain). How to prepare for case interviews is a question many candidates ask themselves. This official Bain case interview shows, how such an interview at Bain looks like. This case interview 101 provides an important case interview prep to anybody who currently prepares for interview. In this reaction video, I go over the Bain mock consulting interview example and react to it. Let me help you with your management consulting interview prep with this case study interview. Get ready for your management consulting interview. This interview is similar to McKinsey style case interviews as well. It will also help you to prepare for the McKinsey case interview process. Case study psychology is important to understand.

Chapters
00:00 Introduction
01:14 Channel memberships
02:00 Bain case interview
26:05 Wrap-up

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[harshavardhanranshevre]

Of course she has data on that... Epic 😆

[Euuuhhhful]

its a good intro to get a feeling for a case but in reality they are longer, more detailed, and more intense in terms of stress. if you are well structured and share your thoughts and problem-solving approach with the interviewer then you'll be on the right path. also, personality in consulting is very important.

[flexalumnus]

A true value-add commentary, Heinrich. Thanks!

[AndreSilva-nxnp]

Hi Heinrich! I am an aspiring consultant from Portugal and I find your videos very helpful! Hopefully one day I will become a consultant myself. Very happy that your channel is starting to take off!

[alexh.]

Consulting is really a people business. The way you talk is as much important as, if not more than, what you say

[CJayUA]

For me the first red flag was high tech wearable that tracks calories etc. - already high market saturation and non-differentiated product. I know it's probably outside of scope though

[timothyhanswijaya]

Thank you Heinrich, your videos have been really inspiring and i have learnt so much from you! Glad to have you in Youtube and keep up the good work!

[gromitnwallace]

AT&T and Verizon are subsidising the cost of the device, so when calculating market penetration this subsidy wouldn't be taken into account as you would use the actual value of $500 to calculate the number of units that need to be sold for AT&T & Verizon, not $400. Otherwise it's just Next-Gen Tech reducing the price of the device.

[LLMP]

Hello Heinrich,
my first thought on this case was to couple the device with a mobile phone that has a mobile internet connection using bluetooth or the hotspot mechanism. Nowadays everyone has a phone on them pretty much 24/7 and this would enable the firm to target potential customers from all carriers. Would such an idea be valued in such a standardized case study?
Thanks a lot and keep the great content coming.
Best,
Luis

[dunthphu]

"Of course she has data on that, come on guys..." 😂

[zyu]

Super helpful video! Thank you for sharing your view on it. Wishing there’s something similar available for PE/VC interviews

[sebastianknubel]

Hi Heinrich,

Thanks for sharing firstly and secondly thanks for you valuable comments on that! :)

[theNotoriousBFM]

The channel and commentary is excellent, congrats on great content! on the mock case interview itself: the conclusions are inane. And frankly you can hire a person fresh out of college full time who likely would give you the same conclusion for about an order of magnitude than one of the big three consultants cost. Lot more effective principles that are not specific to this problem to consider: channel leverage, product clutter, what leverage hardware buys in driving service revenue etc.

[marcobeltran]

Hey there Heinrich! Greetings from Mexico.

I’m a junior in a top college in Mexico currently interviewing for MBB and T2 here in Mexico. Your videos have been really helpful in gaining insights into the job

.I’ll be sure to pay it back and support you by “jointing” your channel here.

Thank you, and keep the great content coming!

P.S: Great job with After Effects, it certainly looks amazing.

[TataCypru]

Great analysis, Heinrich. Could you talk about the risk asessment or risks perceived that you can do on any given MBB project? I don't know how to start (not STEM) in a case like this and it would be 100% appreciated!

[Nalot]

Great analysis! Thank you for making this video!

[elvirwankuba]

Hi Heinrich, thanks for your explanation. I'd like to ask for your opinion on using a hypothesis at the beginning of solving the case. Does it have high utility in your view? Or is it a non-essential? Also as far as delving into the case, do we immediately go laser-focused to the problem at hand or do we also say: let's look at the trends, and what else does the company do? My last question has to do with clarifying revenue: it wasn't clear to me that they are talking about overall revenue (1 bn) or revenue portion that the client will get - I assume the mobile carrier will take a percentage? Thank you very much.

[alainakel]

Hi Heinrich, many thanks for this specific review. For the step of taking a minute or two to organize our thoughts, how should we proceed for cases with partners? I heard that they expect rather top of head because taking a minute to answer does not sound natural when facing clients! Thanks again for these valuable insights that put us in recruiter's shoes. Best, Alain

[pludgooey]

Thanks Heinrich, great analysis. Wondering what happens and what should we do if the interviewer does not give you the data you asked for?

[thianpotgieter]

Hi Heinrich. Nice breakdown of the interview! One question: How does the candidate in this case leap from the question of $1B revenue and carrier choice to penetration rate to succeed as the answer to drive for? This part I battle with most in my case interview practice – knowing very quickly what would qualify as an answer... It seems logical in retrospect (after watching the entire clip) but when the question is first posed by the interview in this case, I'm thinking it could be a break-even case/vendor fit (M&A type question)/not sure. Thanks, and keep it up!