How to Prepare for a Case Interview

How to Prepare for a Case InterviewHow to Prepare for a Case InterviewHave you been told that you have a case interview coming up? What is a case interview, anyway? A case interview is a job interview that includes questions about how to handle specific job scenario. During a case interview, the interviewee is given a business situation and asked what he or she would do to manage the situation. The business scenario is usually one that the interviewee would likely encounter while working for the company. However, the interviewer may also ask interview questions or ask you to solvebrain teasers that dont relate directly to the company. These types of questions may leave you feeling a bit flustered, so take a deep breath and think your way through them. When Employers Use Case Interviews Used most often inmanagement consultingandinvestment banking interviews, case interviews allow interviewees to demonstrate theiranalytical abilityandproblem-solvingskills. Most case interview quest ions do bedrngnis have one right answer there may be more than one acceptable way to manage the situation. For example, you may be asked how to determine how big the market might be for a new type of tennis ball. Thats not much information so youd need to ask questions such as who the target consumer is professional tennis players or weekend tennis enthusiasts. Another question might be about how much the new tennis balls cost and how or where they are sold in stores or online. You could explain how youd calculate the befhigung size of the market for this new tennis ball. In addition, perhaps you could offer ideas for expanding to additional consumers such as high school or college tennis players. The case interview doesnt have to be verbal only. You can draw up a few graphs, charts, or illustrations to help get your point across to the interviewer. One way to do this is to use an Issue Tree to outline and solve the problem. Remember that answering a case interview question like this really isnt about being right or wrong - the interviewer is more interested in how the applicant arrives at his or her solution. As such, a case interview is back and forth dialog. The interviewee is expected to interact with the interviewer and ask clarifying questions in a logical, sequential order to solve the given problem. Tips for Answering Case Interview Questions Your case interview may be less stressful if you have an idea of whats going to happen. Here are some tips for handling case interview questions Understand the question. umformulierung the question before answering to make sure you understand the problem. If youre not clear on the question be sure to ask for more information. Be prepared to take notes. Most companies allow interviewees to take notes during the interview if so, you should be prepared. Bring lined paper to the interview for notes and bring some graph paper as well, in case you need to draw any charts. Theres no need to rush. Take your time an swering each question logically think through the problem before arriving at a solution. Ask questions. Case interviews are interactive feel comfortable asking your interviewer clarifying questions to gain more information. In fact, your interviewer will expect you to ask questions. Always explain how you arrived at a solution, even if you are simply estimating a number. Remember that how you arrived at your answer is generally more important than the answer itself. Stay professional. Although this is different from a traditional interview, its not the time to act too casually. Remain as professional as you would during a regular interview. Sit up straight, speak clearly, and make eye contact with the interviewer. Have fun Interviewers want to see that you are enthusiastic about solving business problems. After all, these are the types of situations you will manage every day if youre hired. Case Interview Practice Its very important topractice for a case interview, especially if this is your first one. Many universities and companies offer sample case questions on their website. Hunt for some of these case interview samples and use them to prepare yourself. Practice answering case interview questions in front of friends, family, or a career counselor. If youre lucky, maybe you know someone who has experience with these types of interviews and is knowledgeable about your field. He or she might be able to help you create a mock interview. Its also a good idea to grab a stopwatch and time yourself. Most case interviews brde 15 to 30 minutes. That may seem like a long time if youre not ready, so whether you practice with another person, or just speak out loud in front of the mirror, the more you prepare now, the more comfortable youll be at the real interview.