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You're subscribed! Categories Applications Careers Firms Interview tips. How to prepare for Financial Services case interviews. Case interviews have been a long-standing feature of the interview process of many financial institutions. This article was written by Wasim Tahir, a former Oliver […]. We are all aware of the tragic toll that the coronavirus is claiming on those with poor health, poor access to healthcare, an unsteady income, […].

Oliver Wyman is a leading management consulting firm with offices in 60 cities across nearly 30 countries and employing over 5, people. Bain is well known for outstanding exit opportunities and work in the PEG is beneficial to those wanting to enter Private Equity after their time at Bain.

Get to know Bain and consider what about the firm resonates with you. If you have more questions about interviewing with Bain, leave them in the comments below.

We want you to be successful in your consulting interviews too. For example, here is how M. Save my name, email, and website in this browser for the next time I comment.

We are sharing our powerful strategies to pass the case interview even if you have no business background, zero casing experience, or only have a week to prepare.

Why Bain? Back to all. Last Updated January, Courtney Evans. This question comes up at least once during the interview process for every candidate. Your Name. Your Email. Send Me Access. Bain Emphasizes Delivering Results to Clients. Very few companies will let new hires manage other employees much senior than themselves. Consulting firms flipped this — even as an intern, you can get other people to do your work right away.

Because you get access to a mountain of support in all kinds to capitalize on. For example, when I was at McKinsey, there was an entire function of professional Powerpoint designers. All I had to do was to quickly draft the contents on a piece of paper, take a picture of it, and send it to the Powerpoint team to beautify. Other services work similarly. Bottom line is, consulting firms want consultants to focus on the big content, and utilize all time-saving support they can get to take care of the rest.

This is because profit-generating time outweighs all extra costs. Aside from the great pay and the great reputation, management consulting is especially attractive because of the fast, high-level, and well-rounded personal development that lasts a lifetime. Bain particularly places a strong emphasis on coaching and mentoring, with extensive training programs both globally and locally. Examples are transfers to New York or externships to philanthropic organizations such as Darsa. Compared to other high-income career paths, management consulting offers a more reasonable work-life balance.

A consultant typically works hours a week. Of course, this number heavily depends on project type, job titles, office geography, and how well each consultant can utilize given resources. At Bain, in particular, employees enjoy a slightly better work-life sustainability than McKinsey and BCG, in two aspects — transparency, and travel.

Many people choose consulting as a springboard to a wide range of careers. This is because consultants often enjoy impressive exit opportunities thanks to industry prestige, diverse experiences, and high-quality alumni networks.

The most common consulting exit routes are:. These projects are great opportunities to build networks and gain experience for those who consider Private Equity as their potential exit option. Instead, it's important to encourage your employees to feel free to work as they wish. You can do so by offering flexible solutions they can choose from, tailored to meet their individual needs. As long as they are getting their work done, focus on their results. Lastly, if they are constrained by lack of resources to get the job done right, it's up to you to make sure they have all the tools they need to be successful.

One of the most common reasons for employee dissatisfaction is the feeling of stagnation. If an employee has no perceived opportunity to grow, why should they strive to excel, or even stay for that matter? Just like those at Bain, your employees deserve to grow their knowledge and experience, make more money, and move up the latter. Make sure your employees stay engaged with enough incentives and hope for the future for them to be personally and professionally invested in your company.

Baineys may work hard, but their compensation reflects it. From paid paternity leave to excellent insurance benefits, it's no surprise why they are so happy. While startups and entrepreneurs may find benefits to be the most challenging aspect of keeping employees satisfied, it's undoubtedly one of the most vital tools an employer can choose.

If you want your employees to feel appreciated and supported by their business, it's time to re-consider your benefits and view them with an eye to making your people strive for more.



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