Let’s dive into the framework of solving Consulting Guesstimate cases.
- Clarify: This helps you be on the same page as the interviewer. Ask questions that can give you the necessary information to prevent later disagreements & show them your ideal, organized approach to a problem.
- Breakdown & Map: Always break down the problem into small pieces & map out the numbers/calculations to each piece of information.
- Calculate: Now is the time to crunch some numbers either by your own assumptions or with the help of the data given by the interviewers.
- Consolidate & Validate: Consolidate all the pieces into one answer by using calculations & try to validate your answer with confidence.
Now you know how to go about a guesstimate case, it’s time for you to get hands-on on the problem. Prove yourself that you are capable of getting into the Consulting world.
📢What’s More? Earn rewards of up to INR 1500!
Take Our Guesstimate Challenge & Know If You Can Crack Your Dream Career In Consulting!
Click on the above link & mention your approach & assumptions for each guesstimate on the form. Keep in mind that when it comes to Consulting Guesstimates, the interviewer is looking for your approach & mental ability. So, make sure to write the approach clearly for our evaluation.