What do Traders Really do?

Most people know that trading involves some sort of exchange of stock. In fact, traders trade securities. Securities are either equity—which provides ownership rights to holders. Debt—essentially loans repaid with periodic payments. Or hybrids—which combine aspects of debt and equity. This is what differentiates it from investing. Typical investing only deals with equity. The other […]

What do Investment Bankers Actually do?

Most people attribute the role of an investment bank to general corporate and financial advice. In fact they do a lot money. They raise capital, invest capital and advise corporations on the strategic management of capital. The first step to understanding is to learn about the banks themselves. What is an investment bank? Investment banks […]

Are Online MBAs Worth It?

MBAs are a graduate degree, which have become very high value in todays world. Business schools offering MBA courses have been receptive to society’s needs and advancement. They offer a variety of courses on ‘soft’ skills, and new technology such as business and data analytics. This is a key reason why many companies, in sectors […]

Perfect your CV for Consulting Applications

Your CV is likely to be the most important component of your consulting application. Former McKinsey consultant and creator of the YouTube channel Firm Learning, in this article, Heinrich Rusche shares his best tips and strategies to help you create a CV that meets the highest standards of the leading consulting firms.  Overarching format Independent […]

Networking for Consultants

Networking. A chore? Flattery? Enjoyable? Most people identify networking to be similar to the first two, and many will certainly not find it enjoyable. It is, therefore, unfortunate that networking is such a crucial skill to develop and use in one’s professional life. If it can be learned to view networking in a different, positive, […]

How to Present like a Consultant

Consultants are famous for their magical abilities with PowerPoint. You won’t find a consultant who has worked at the Big 4 or MBB who is not adept at making slides and presenting with Microsoft’s software. But why are their slides so good? The obvious reason is that consultants’ PowerPoints have to be. Consultants earn their […]

How to Answer Market Sizing Interview Questions: With Examples

Market sizing questions are the test of a consultant’s mettle. They are classic interview questions. In the case study interview, the interviewer is bound to ask you to make an estimate of a market size. Don’t be intimidated by market sizing. The numbers are big, but the logic can be simple! Market sizing questions literally […]

What is an S-Curve in Consulting?

An ‘S curve’ refers to the distinctive S-shape of certain line graphs. According to the way consultants use it, an ‘S curve’ refers to a graph that plots the number of people who have adopted an innovation. It usually refers to a new product or service for which no closely competing alternatives exist in the […]

What is the Consulting FIT Interview?

The consulting interview process has two separate portions. The case interview and the fit interview, which is also called a PersonalExperience Interview (PEI) at McKinsey. These are designed to assess different skill-sets. While the case interview examines your analytical and numerical skills, fit interviews determine whether you have the soft skills for management consulting and […]