The consulting industry is one of the most sought after by business school students around the world. As a result its highly competitive and an entry to a top firm is an uphill task, seemingly impossible to achieve.
However if we were to look deeper and study the pattern of students’ success and failure in consulting companies interviews, a very striking point comes out. A large number of candidates usually secure themselves an interview with some good firm, however a vast majority of them fail to make it through not because of any missing credentials but because they are unable to perform good in interviews.
So the question arises, as to what is so difficult about these interviews? And is there a way to learn how to ace these interviews? Quite surprisingly the answer is not as difficult as we might think. Rather the recipe for success is out there already; but we fail to embrace it because it requires effort, dedication and commitment. That secret weapon that all the successful candidates use to defeat the rest is that they have practiced case interviews; and not a few but by the dozens. Yes, that’s the key to break the barrier. All consulting companies always use case interviews to evaluate the candidates. And there is only one way to crack that: practice, practice and more practice.
In many good business schools around the world, there are established fora to facilitate students in this direction and their students make the most of it, ultimately successfully landing choice jobs at top names in the industry. The IE Business School Consulting Club has taken an initiative in this direction to provide platform to our members for practicing cases with peers. We run regular workshops every few months wherein a master class is provided by experts in the field to impart know how on how to go about solving the case interviews. Afterwards, to facilitate members, weekly session is organized every Sunday at noon in MM31, wherein members holding different levels of expertise and experience in case interviews come together to work together and improve their skills. This leads to formation of sub-groups among students who want to practice further in their own time and thus excel in it.
We invite all the IE students who are interested in the promising and rewarding Consulting career to come and join us in our weekly sessions. You will learn more about how you can help yourself and others by speaking to other students who have been part of this group longer. Do remember though, getting a job in a high repute consulting firm is quite simple and easy; you just have to give it time and start prepare for that interview at the end of the year, right from the start of the program.