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Consulting Industry

Bespoke and Precedent Driven – Understanding the Two Different Approaches to Consulting

During the recruitment process for consulting internships and full-time positions, I went to countless presentations given by consulting firm representatives who explained the consulting industry and made sales pitches about their firms. They brought up important points, such as diversity of work opportunity, mentorship structure, and even frank conversations about work life balance. Yet, what […]

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Investing

Asset Management – Valuation (Part 2 of 4)

Characteristics of Asset Management Firms Most major asset managers are conservative with their use of leverage. There are a couple of reasons for this: Asset managers can see cash flow and earnings fluctuate wildly with markets. For instance, with an AUM of $100 billion and average fees of 1%, the asset manager has $1 billion […]

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Interviews

Preparation for the Case Interview:  Math, Charts and Market Sizing

Let’s face it.  A major portion of the consulting case interview tests your quantitative skills. Why? Consultants work with a lot of data and can spend a significant amount of time crunching numbers.  So your interviewers want to know that you’re comfortable with math and have strong analytic reasoning skills. Here is a play-by-play of how you […]