
Explore the different types of guesstimates problems and recruiter expectations, then learn a step-by-step approach to solving them, with practice questions and example guesstimates.
Develop a daily habit of spotting real-world problems and building quick guesstimates for market sizing, using relatable prompts like burgers, searches, diapers, and other everyday items.
Learn to define scope, choose a demand-side or supply-side approach, and identify key variables and equations to size markets and solve guesstimates problems.
Explore the distinction between demand-side and supply-side approaches in guesstimate problems. Learn to scope the problem, select an approach, list variables, state assumptions, write equations, and validate with quick examples.
Engage in a group exercise with practice questions on guesstimates and market sizing, applying a five-step problem-solving framework to define scope, variables, equations, and assumptions.
Apply a supply-side guesstimate to compute daily visitors at a major station, using capacity, tracks, platforms, trains, and occupancy to model visitor flow.
This course is appropriate for those looking for a comprehensive approach to prepare for consulting interviews. It covers the fundamental approach and substantiates it with wide variety of examples.
The BEST part about this course is that you could see concepts being learnt and applied by candidates within the videos. This helps you practice along with those candidates, speak aloud, learn from their mistakes and it feels like you're attending a live class.
This course will cover the following -
Session 1 - Introduction
Session 2 - Overview to Guesstimates
Session 3 - Step-by-step Approach to Guesstimates
Session 4 - Case Practice
You are invited to join the course and experience the preparation journey of several candidates who eventually got selected at McKinsey, BCG, Bain, Deloitte, ZS Associates, PwC, Praxis, etc. Yes, these are real candidates who gave interviews later and got selected.
What you’ll learn
Expectations of interviewers and preparation strategy
Basic fundamentals of preparation of case interviews
Critical frameworks and more importantly, their applications with examples
How to develop structure, analysis and recommendations and how to communicate with examples
Step by step approach on solving guestimates with several examples
Examples of candidates solving cases and guesstimates, so there is opportunity to learn what works and what doesn't
Are there any course requirements or prerequisites?
No specific requirements
Who this course is for:
Candidates preparing and aspiring for consulting job interviews.
Students/Professionals looking for a job switch.