This guide includes everything you need to know about market sizing questions! It's essential to know some key figures regarding geographies, population, economies for your case interviews. We summarized them for you here. The case study is the most important element of the case interview, which you'll have to nail in order to get into strategic consulting. Here you can learn the specific skills and concepts necessary to solve them. Case Partner. Dashboard Candidate Listing.
Interactive Tools. Login Sign up for free. Market sizing case: how many petrol stations are there in the US? Case case study Market sizing. New answer on May 28, Anonymous A asked on May 10, I want to be notified about updates regarding this question via email. Overview of answers Sort by: Upvotes.
Date ascending. Date descending. Only show saved answers. Best answer. Deniz Expert. BCG A. Was this answer helpful? Rahul on Dec 26, Jason replied on May 10, Case leader, MBB Nordics.
Anonymous B replied on May 16, Healthcare technology company Epic Systems asked its project manager and implementation consultant candidates in February to answer this fruity riddle. Here's one way to do it, with regards to "Wheel Of Fortune":.
If you charge 20 cents per vowel, the two-vowel word "apple" would cost 40 cents, three-vowel "banana" 60 cents, and four-vowel "grapefruit" 80 cents. Therefore a pear would costs 40 cents. During a January interview for an advanced Ph.
The trick with this question is that typical population analysis isn't enough. You must take into account residential use of plastic bags, as well as that of businesses, government employees, and so on, until you can muster some convoluted quantity to appease your interviewer. Also consider bans on plastic bags , as found in cities like Los Angeles. Analyst-hopefuls at Digitas were asked to describe something that they use in their everyday lives.
You might get away with comparing the Internet to something the awoken person would have recognized 30 years ago, maybe from some sci-fi movie. If they don't remember one, inject a bit of humor into your response. Hopefully your interviewer isn't offended by your attempts to win them over with your charm. As recently as June , American Express asked candidates for the position of Manager-Strategic Analysis and Testing to answer this question.
Any one of these three are pretty inadequate without more data. If you can get information on whether the building's suburban or urban, you can make a guess as to how many people might drive or take public transportation, and go with.
Otherwise, the number of people on one floor will give some idea of the building's capacity. Summer analysts at Morgan Stanley were asked this question as recently as March Even for an insanely busy Starbucks, you can get pretty far by estimating the average ticket cost and the average traffic per hour, multiplied by 24, multiplied by As always with market sizing questions, justify your assumptions, and use round numbers so you can get an estimate quickly and without errors.
We'll guess that the busy Times Square location is nearly twice as high. In March , propriety trader candidates of the T3 Trading Group were asked this question. If the bacteria doubles every minute, and it's full at 1 pm, it must have been half-full a minute earlier, at With the rising popularity of open college classes, this will probably change, but we aren't there yet. For programming, the internet can be a very good resource. When I was a full-time programmer, google served as a very good reference.
I would open a browser before I took a look at my bookshelf. I dunno, I know people who's problem-solving skills amount to "paste the error message into Google and try the first solution".
I want people who can derive a solution from first principles because often that's what you need to do. Pasting error messages in Google saved my ass a few times. It is not necessarily the wrong thing to do, but it can't be all you got. Of course not. Its just fast and in many mostly trivial and boring cases the problem is already solved.
Lets just say that sometimes its a better idea to just google for something instead of trying to figure it all out and in some cases-reinvent the wheel.
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I want to read the whole story. For analysts who in cities that would require a car like LA , what cars do analysts usually drive? Anyone have experience doing IB with a long distance gf?
It's bizarre to me that an incredibly clear cut self-defense case has become politicized to the point that some liberals are siding with a psychotic pedophile and two communist criminals who tried to kill a kid over the civic-minded kid defending himself, but I suppose that's America in The firm pays street comp so I should be looking at total compensation in the k range as an AN1.
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