Case Interview Secrets and More with Victor Cheng

Victor_ChengManagement consulting hopefuls, pay heed: Our latest episode of Admissions Straight Talk features the guy who passed 60 out of 61 case interviews and landed 7 consulting job offers. (Yes, I did say 60 out of 61.)

Victor Cheng, is now a strategic adviser and consultant to owners of mid-size business with $1M – $25M in sales and a speaker and expert on business issues. That’s his day job.

When he’s not working at his day job, he advises applicants to McKinsey & Company and other elite strategy consulting firms how to join those firms. And it’s in this capacity that Linda invited him to Admissions Straight Talk. Listen to the full recording to hear Victor’s insider advice and insights.

00:02:01 – Why is a podcast about admissions worrying about post-graduation careers?

00:02:30 – Meet Victor Cheng, Author of Case Interview Secrets, and former McKinsey consultant, resume screener, and interviewer.

00:03:33 – Caseinterview.com beta: Victor’s senior year of college. What a story!

00:06:06 – Linda shares a bit of her own story. ☺

00:07:04 –3 changes in how McKinsey selects candidates.

00:09:56 – If you don’t like case interviews, you probably won’t like consulting. Really.

00:12:55 – The qualities and/or skills that make for a good consultant. (What qualifies you at age 25 to advise a Fortune500 CEO at a cost of a quarter of a million dollars a year!?)

00:16:56 – IQ and EQ. Equal factors?

00:18:47 – Victor’s advice for liberal arts graduates who’d like to break into management consulting. Poets, this discussion is for you.

00:21:32 – The best of the best: Consulting firms are less focused on an applicant’s academic preparation and more concerned about a mindset and “mental horsepower.”

00:23:20 – What is the difference between the skill sets that the top consulting firms are looking for. Or is there a difference?

00:24:22 – How to project confidence without arrogance, and other great advice on self-confidence in a case interview.

00:29:46 – Check out Case Interview Secrets. Learn what to do and why to do it.

Admissions Straight Talk Subscribe to Admissions Straight Talk in iTunes to keep up with the latest in admissions news and trends! You know you want to give us a 5-star rating!

Stitcher fans, we’ve got good news! Admissions Straight Talk is now available on Stitcher! Check it our here

*Theme music is courtesy of podcastthemes.com.

Show Note Links:

• MBA In Sight: Focus on Management Consulting, Accepted’s free guide to b-schools for management consultant wannabes.
• Recent articles related to management consulting
• Case Interview Secrets by Victor Cheng
• Case Interview.com

Subscribe to Admissions Straight Talk:

• Admissions Straight Talk on iTunes
• Admissions Straight Talk on Stitcher

Coming next: A conversation with the director of the Entrepreneurship Initiative at Georgetown University






We’re on Stitcher!

Good news, y’all! Linda Abraham’s awesome podcast, Admissions Straight Talk, is now available on Stitcher!

So all you Stitcher people: run, don’t walk, to your nearest iPhone, Androiod, iPad, or PC and join Linda for a bi-weekly discussion of what’s new, thought-provoking, and useful in the world of graduate admissions.

Curious about Management Consulting?

Victor Cheng, author of Case Interview SecretsFor my next Admissions Straight Talk podcast, I’m going to interview Victor Cheng.  Victor has many claims to fame, including:

  • Former McKinsey consultant, resume screener, and case interviewer.
  • Passed 60 out of 61 case interviews and landed 7 consulting job offers.
  • Author of Case Interview Secrets, an extremely clear and well-written book on excelling in case interviews.
  • Since 2003, strategic adviser and consultant to owners of mid-size business in service or web- based industries with $1M – $25M in sales.
  • Speaker and expert on business issues turned to by media outlets including TIME, The Wall Street Journal, Inc, Fortune, and others.

I plan to focus this segment of Admissions Straight Talk on preparation for a career in management consulting.  I have a bunch of questions I know I want answers to, but I am also wondering:

What would you like me to ask Victor? What would you ask him if you could?

Please put those suggestions, requests, and questions in comments below. Don’t be shy. I am asking this same question in various social media too.

I’ll take the ones I’m dying to ask along with the best ones you send me, and they will be the building blocks of the next Admissions Straight Talk podcast.

We’ll post the segment here on Thursday May 23. To make sure you don’t miss it or any other segments of Admissions Straight Talk, the podcast for graduate school applicants, please subscribe:

It can’t be easier, just put your questions in a comment below.

Will Facebook Destroy Your Admissions Chances?

MBA Waitlist Chat

Never post any comments or pictures that you wouldn’t want everyone in the world to see.

When Kaplan Test Prep released the results of its survey of business school admissions officers, revealing that 32% of business school admissions officers performed internet searches on applicants, 27% visited an applicant’s social media (Facebook, Myspace, etc.) page, and 10% had found something online that negatively impacted an applicant’s admission chances, applicants around the world collectively shuddered. Not only do we have to consider every comma and turn of phrase in the applications themselves, now we have to worry about what we may have posted online in the past as well?! YES! Here are a few tips to consider when using Facebook given these stark statistics.

1. Make sure that your Facebook profile is for Friends only (and not open to Friends of Friends or Everyone), and also remember to check that you’ve selected this option for every picture that you post.

2. As a general rule, never post any comments or pictures that you wouldn’t want everyone in the world to see. That way no one of your closest 1300 friends who is offended by your post can simply take a screenshot of it for global dissemination. Think very hard before using Facebook as a forum to comment on a political matter, your satisfaction with your job, your affinity for a particular teacher or supervisor, etc. Go through now and delete any questionable posts.

3. Even if your Facebook profile is private and viewable only to Friends, you need to keep in mind that some things are viewable by anyone on Facebook: all of the data you’ve entered in Basic Information, the names of Groups you’re a member of, the pages you’ve Liked, all of the pictures you’ve saved as Profile or Cover Photos, and any pictures or comments you’ve posted to an open group. Be conservative in your Group memberships and contributions to open groups, and delete any cover or profile photos that you don’t want in your application file.










Jennifer Bloom  has been successfully helping applicants demonstrate their readiness for the top MBA programs around the world for 14 years. 

All Admissions Books are 50% Off…For 2 More Days Only!

Birthday Special

You have 2 more days (TODAY and TOMORROW) to celebrate Linda’s birthday and save 50% on all Accepted.com books! Don’t miss out on this opportunity to stock up on the books that will help you get accepted to b-school, law school, med school, grad school, or college! (P.S. Linda’s book, MBA Admission for Smarties, is included in the sale!) To receive your discount, just enter SAVE50 at checkout through Saturaday, May 11th, 2013.

Happy shopping!

Accepted.com

HUGE Happy Birthday Ebook Sale Going On NOW!

Birthday Special

Hi everyone! It’s me, Linda Abraham, CEO and founder of Accepted.com, and today is my birthday.

For me, birthdays are a time to appreciate life and the people around me who have contributed to making my life special. It’s also a time to celebrate, and I’d like to do that with you by offering you 50% off Accepted.com’s entire stock of books and ebooks!

For 5 days only (Monday, May 6 – Saturday, May 11), you can use coupon code SAVE50 at checkout to save big on all our admissions books.

Visit our bookstore now!

Happy birthday to me and happy shopping to you!

Linda Abraham By , president and founder of Accepted.com and co-author of the new, definitive book on MBA admissions, MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools.

Resilience: Moving On

Warning: This post will be a little more personal than most of my posts, but there is a lesson here for applicants. Please let me know by posting a comment, if occasional posts like this one, are OK with you.

It’s been an interesting few weeks.

Starting with the day of the Boston Marathon a little over two weeks ago, I have seen and heard amazing stories of resilience and fortitude. And no, I was not in or even near Boston. As a city, it has demonstrated those qualities, and those injured in the bombing and grieving for lost loved ones will need even more strength in the weeks, months, and years to come.

Coincidentally that night I went to see the movie, No Place on Earth. It is a documentary narrated by the people who lived it: six elderly Holocaust survivors who hid in a cave for over a year and a half. Actors act out the scenes. The elderly people, who have since lived seemingly normal lives, raised children, and enjoyed the privilege of seeing grandchildren and in some cases great–grandchildren, relate an amazing story of fortitude and resilience brilliantly presented in this outstanding movie.

Then two weeks later, I traveled with my 83-year-old mother, herself a Holocaust survivor, and attended the 20th anniversary of the founding of the U.S. Holocaust Museum. Here we again heard stories of courage and heroism as the conference honored survivors, veterans who liberated Europe, and rescuers who saved the persecuted. We heard from Nobel laureate, Elie Wiesel, President Bill Clinton, aged veterans, survivors, and rescuers. Most of the honorees are in their 80’s and 90’s. Almost all were accompanied by their children and grandchildren. The younger generations’ attendance evidenced their elders’ resilience – their ability to move forward and rebuild their lives.

Former Buchenwald prisoner, Elie Wiesel, represented the survivors and spoke movingly of how he and 400+ orphans freed from that hell on earth and sent to a children’s home in France after World War II, should have been emotional cripples. All 400+ became doctors, lawyers, teachers, tradespeople, rabbis, leaders, businesspeople, and writers. Despite the scars, they moved on. Despite the pain, they picked up the pieces of their lives. Refusing to be victims, they became survivors.

Similarly the Stermer family from No Place on Earth emerged from their cave, literally dusted themselves off (layers of dirt), and began their lives anew. They moved to the U.S. and Canada, built businesses, and had families. They moved on.

On some level the people of Boston demonstrated that same strength after their week of horror as they resumed their lives.

From the depths of my heart I hope that none of you have been tested in the way that those whose lives were torn apart by World War II were tested, but I know that’s not true. Some of you have been persecuted. Some of you are vets. Some are heroes. Your ability to recover despite the pain or the scars defines the difference between a tragic victim and a resilient survivor.

For the rest of you — the lucky ones who haven’t endured the horrors of war or genocide, lived in a cave for a year and a half, or been under lock-down in a city in the grip of a murderous terror attack – you too can demonstrate that endurance.

What does resilience mean for applicants leading blessed lives with more pedestrian challenges, frustrations, and aggravations and having to answer questions either in an essay or interview about failure, setbacks, or mistakes? It means showing through examples that you have the ability to come back, learn, and move forward. It means that after your leg, broken in a skiing accident, heals, you return to the slopes. It means that after your first “patient” dies, you continue with your plans to be a doctor. It means that after your start-up fails, you resolve to get an MBA so that you can successfully manage your next business.

When asked about failures, setbacks, and mistakes, you just have to show that you have the strength and courage to deal with events within and beyond your control, to recover from disappointment and failure, and to pick yourself up, hopefully learn from the experience, and yes, move on. That’s resilience.








Linda Abraham By , president and founder of Accepted.com and co-author of the new, definitive book on MBA admissions, MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools.

Music Playlist Proven to Boost Your Scores!

Washington University School of Law’s Online LLM program just got in touch with us to tell us about their new study aid, Spotify Playlist, a compilation of late baroque era classical music including works by Bach, Beethoven, Handel, and Vivaldi.

The playlist was created based on a Stanford study that shows that certain types of music engage different areas of the brain and can improve skills such as paying attention, making predictions, and memory.

Check out Wash U’s blog post on Spotify Playlist here.

An Attention Enhancing Study Playlist provided by @WashULaw, an online LL.M Degree









Accepted.com

Bad News for 2012 Law School Grads?

As dismal as this number may seem (59.8%), it is actually higher than the national rate of 56.2%

A New York Law Journal article talks about the bleak future of 2012 New York State law school graduates. According to the article, only six in ten of the 4,967 graduates (coming for 15 New York law schools) landed full-time, permanent employment.

As dismal as this number may seem (59.8%), it is actually higher than the national rate of 56.2%, and an improvement over the previous year’s rate of 57.2%.

Here are some highlights from the NY Law Journal article:

•      Only six U.S. schools placed more than 90% of their last graduating class in full-time positions.

•      Of these six schools, two were in New York: Columbia Law School at 93.4% and NYU School of Law at 91.1%.

•      Cornell Law School missed the 90% mark at 85.8%.

•      Some schools experienced significant jumps from the previous year, including the City University of New York School of Law (a 17.7 point increase to 54.6%), Pace Law School (a 12.3 point increase to 48%), and Hofstra’s Maurice A. Deane School of Law (a 10.5 point increase to 51.2%).

•      11% of 2012 law school grads (nationwide) were unemployed in February (a 1% increase over the previous year).

•      Since 2010, the U.S. law school application rate has decreased 35%. In 2010 there were 87,000 applicants. This coming year there is an expected 57,000 applicants.

For more details, check out the New York Law Journal article.










Accepted.com

Admissions Resume: What to Include

To ease the reader’s eye strain, the font should not be smaller than 10 pt.

To ease the reader’s eye strain, the font should not be smaller than 10 pt.

I suggest that applicants for Fall 2014 entry begin assembling materials for their applications now –  five months in advance of the first fall deadlines. One of the ideal documents to begin now is a resume, something that any professional should always have updated and at the ready. Here are some tips on starting the ideal admissions-worthy resume.

First, you need to know how far back in time to detail in this document. As a general rule, if you are applying to graduate school and have at least two years of work experience, your high school activities should not be included in your resume. However, there are exceptions to this rule. For example, if you won a prestigious national award in high school, you may certainly consider including this important recognition.

Other general rules for the resume:

• There should be no more than four bullet points beneath each position.
• Each bullet point should ideally be no more than two lines long.
• To ease the reader’s eye strain, the font should not be smaller than 10 pt.
• Margins should be as close to one inch all around as possible – I, personally, will not reduce them lower than 0.7 inches.

With these rules in mind, how should applicants to the top international programs focus the resume on their most relevant and compelling experiences? Limit the number of bullet points describing your early entry-level roles and instead expand the space dedicated to those in which you made the most impact.

For instance, if you were promoted from an entry-level programming position with your company, then you don’t even need to dedicate a separate line to describe that first role. Instead, you can simply impress the reader by describing the fast pace of promotion in a line of the job description, like this:

Team Lead, IT Consulting Company                    2010-Present

Twice promoted from Analyst (2010-2011) to Senior Analyst (2011) and then Team Lead in record 12 months, a full 4 times faster than the average rate of promotion.

What if one position has allowed you significant leadership opportunities and impact? Or what if you have been in your current role for several years? How can you detail all that you have accomplished in just four bullet points? The trick is to break that down into sections, like this for example:

Private Equity Associate, PE Firm                         2011-Present

Lines of job description here…

Leadership Accomplishments Include:

• First point
• Second point
• Third point
• Fourth point

Financial Impacts Include:

• First point
• Second point
• Third point
• Fourth point

Keep in mind that the majority – if not all – of those bullet points should include quantifiable impact that you had on the organization. Breaking up a bulk of text with numbers and section headings makes the entire document more compelling.

Finally, to ensure that your document is easy to read and keeps the admissions officer’s attention, you need to include ample white space. To add some white space above each position in Microsoft Word, highlight the title line of each row (hold the Ctrl button down as you click to keep them all highlighted), then click on Format, Paragraph, then in the Spacing Before box try at least 4 pt. (if you have more space left on the page at the end you can go to 6 pt.). Do the same Ctrl highlighting for the bullet points throughout the document and try 2 pt. or 3 pt. spacing before each of those lines.

Check out this pdf file (viewable in Adobe Reader) to see the difference this little formatting trick can make.













Jennifer Bloom is a Certified Professional Resume Writer and is available now to create an easy-to-read document that highlights your exceptionality. Creating this document now will help you see where you need to generate more content – i.e., take more action – before the fall deadlines .