A Companion to the BCG ONLINE CASE Detailed Analysis, Question Types & Answer Guidelines (Last verified for September 2022) A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep DISCLAIMER MConsultingPrep’s “BCG Online Case Simulation” – alternatively named “BCG Casey Simulation” (henceforth referred to as “Casey Simulation”) is a product independently researched and developed by MConsultingPrep. All of Casey Simulation’s contents, including but not limited to, comments, guidance, experience, numbers, texts, algorithms, images, database are created independently by MConsultingPrep. MConsultingPrep is not part of, or associated to, the Boston Consulting Group, Impress and/or any other recruitment test-providers (henceforth referred to as “BCG and associated test providers”), nor provides any product and/or service, including Casey Simulation, on behalf of BCG or associated test providers. The purpose of Casey Simulation is to provide skill training and guidance for MConsultingPrep’s customers. It neither represents nor replaces any actual tests provided by any third party, including, but not limited to, BCG or associated test providers. 2 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep Table of Contents 1. BEFORE YOU READ 5 2. Overview & Features 6 2.1. General information 6 2.2. Test flow and time limit 6 2.3. Assessment criteria 7 3. 4. Required skills 7 Required knowledge 8 Assessment mechanisms 8 Answer Formats in BCG Online Case 9 3.1. Multiple-select multiple choice (MS) 9 3.2. Single-select multiple choice (SS) 10 3.3. Long-text / Free-form (LT) 11 3.4. Short-text / Numbers-only (ST) 12 Question Types in BCG Online Case 14 4.1. Structuring / Information (STR) 15 General description 15 Details of the question 16 How to answer (MS format) 16 3 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep 5. How to answer (LT format) 18 4.2. Intuition / Insights (INT) 19 General description 19 Details of the question 20 Answer tips 21 4.3. Critical / Logical (CRI) 21 General descriptions 21 Details of the question 23 How to answer 23 4.4. Quantitative (QNT) 24 General descriptions 24 Exhibits, numbers, and difficulty 25 Calculation types 26 Follow-up questions 27 4.5. Summary (SUM) 29 General descriptions 29 How to answer 29 Video interview 30 5.1. Interface and flow 30 5.2. Question types and how to answer 31 4 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep 6. Question types 31 How to answer 31 Answer tips 32 Other Tips and Tricks 33 6.1. Preparation tips 33 Perform the test in under 80% of the time limit 33 Learn the basics of probabilities 33 6.2. Test-taking tips 34 Take note after each question 34 Do not be distracted by the time limit warning 34 5 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep 1. BEFORE YOU READ To start, we thank you – profoundly and sincerely – for purchasing this product and allowing us to help with your application. There are a few “heads-up” you need to know before reading this guide: ● Passing the BCG Online Case is difficult and relies on skills that may not be earned in a short time span. As such, please do not expect the guide to be a “cheat sheet” guaranteeing a pass. We can help you practice by recommending materials and offer tips (when we cannot “crack” the questions”) but in the end, the practice is up to you. ● The BCG Online Case can be easily changed. There are no technical barriers for BCG in doing so – which is different from McKinsey who uses a fully gamified test. There are also variations between offices, positions, locations, and timelines. As such, our guide cannot cover 100% what is in the test. If you find a few differences between the real test and the guide, or if there are nuances you wish to be explained, just contact us through email at support@mconsultingprep.com – the team will be happy to learn or share. Now, on to the guidelines, and we wish you the best of luck in your application! Sincerely, Kim Tran & The MConsultingPrep Team 6 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep 2. Overview & Features 2.1. General information The BCG Online Case is a chatbot-based screening test used by the Boston Consulting Group (BCG) in at least 80% of its offices since 2020. The test is known under the official name “BCG Online Case Experience”, or colloquially as the “Casey test” (as the chatbot referred to itself), or the “chatbot interview”. This test is not to be confused with other BCG tests, such as the Pymetrics test or the Potential Test, both of which are taken online and sometimes mistakenly called the “Online Case” or “Online Tests”. In recruitment testing, the test may sometimes be preceded by a Pymetrics test, which is required as part of the application process. After the test, BCG will not tell you how many scores you get – you can only get a “yes” or “no” for an answer. They do provide you with a practice test with an answer key, so it’s possible to self-assess your performance. 2.2. Test flow and time limit Nearly every candidate who applies to BCG will get an invitation to this test. Once you have clicked on the Impress.ai link in the invitation email, you will be re-directed to a chatbot platform. Here, the chatbot will introduces itself as “Casey”, asking for your confirmation to start the case. If you deliver the confirmation, the bot will ask you 6-8 key questions, in pure interviewer-led style, plus 2-3 few follow-up questions. Key questions can be distinguished from follow-up questions in that they have a question number, usually written in bold (e.g.: “Question 1 of 7”). The time limit for this part of the test ranges from 25 to 30 minutes, which seems to depend on the number of questions. Recently, tests are mostly on the upper 7 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep range of this scale. You will not be able to pause the case. The chatbot also reminds you about the time limit every 5 minutes (“You have 25 minutes left.”). When the case ends (either because you have completed all the questions, or run out of time), you will be prompted to switch to another site for a short video question, with 60 seconds to prepare and 60 seconds to answer, which is not counted as part of the case time limit. 2.3. Assessment criteria Required skills Based on our analysis of the questions in the BCG Online Case, to pass the test you need to master the following skills: ● Structuring: the ability to break down problems and information into granular, MECE parts to serve a hypothesis-driven problem-solving process. This is a hallmark of management consultants, and the first tested skill in the BCG Online Case, as we shall see. ● Quantitative processing: the ability to perform relevant and correct math calculations, with emphasis on common business-world calculations (heavy on percentages, averages, and using large numbers). ● Data interpretation: the ability to draw meaningful conclusions from data, with a hypothesis-driven mindset (i.e., the conclusion must either feed into running hypotheses, or generate relevant hypotheses). ● Logical thinking: the ability to think logically – in deductive, inductive and even abductive logical processes. ● Information synthesis: the ability to “see the big picture” and “connect the dots” to inform the problem-solving process. ● Communication: the ability to communicate ideas in a structured, concise and to-the-point manner, both in written and spoken forms. 8 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep ● Business intuition: the ability to deliver sharp, sound conclusions and recommendations specific to a given business context. Overall, the skill profile needed to pass this test is fairly similar to the case interview – as such, practicing for case interview will also help you pass this BCG Online Case test. Required knowledge You need to command a basic-level knowledge of these fields before entering the BCG Online Case, for a decent chance to pass: ● Business, accounting and finance: how business works, and what accounting numbers mean for a business (since consultants work from the management perspective. ● Management consulting: how consulting approach and solve problems, as well as how they communicate their ideas – having this knowledge will help you know what BCG expects from their candidates. Most of this knowledge can be found free on consulting prep websites (such as ours). The BCG Online Case DO NOT REQUIRE industry knowledge. Any industry knowledge required to solve the case, such as the client’s industry being cost-heavy, or the market being saturated, will be provided in the case, delivered as part of the question text. Assessment mechanisms Your performance is likely to be viewed ALONGSIDE your resume, by a BCG Recruiter or junior consultant in charge of the screening task. The grading of answers is likely done in two different methods which corresponds to two formats of questions in the BCG Online Case. For multiple choice and math questions: there are definite right and wrong answers. For free-form question, however, the answer will likely be assessed by a human screener on a set of criteria involving communication and business intuition. 9 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep 10 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep 3. Answer Formats in BCG Online Case In this guide, “answer format”, “question format” or just “format” is a term we use to classify the questions in the BCG Online Case following the format of input the candidate must make to answer the question – for example, multiple-choice questions. Not to be confused with “question type” which is explained in the next chapter. One answer format may be applied to many question types. 3.1. Multiple-select multiple choice (MS) Multiple-select multiple choice (MS) requires the candidate to choose SEVERAL “correct” options out of multiple choices. It is the most common answer format in the BCG Online Case – up to 40-60% of all questions in each case. Simplified layout of the message box under an MS question MS questions are displayed with the following components: 11 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep ● A full question as a text message, sometimes accompanied by an image. You usually must click on the exhibit to fully view it. ● An option selection panel. Once the option selection panel has been opened, using a “see options” button, the following interface will pop up, consisting of: ● A question summary (this will help you keep in mind the hypothesis, since the full message will be hidden by the pop-up itself). ● 3-10 options to choose from - some of which can be long, up to 3-4 lines of text. Candidates click on these options to mark them as “selected”. You can select multiple options – hence the name “multiple select”. ● A button to “clear” i.e., unselect all selected options (which, in all practicality, serves almost no purpose in the real test). ● A button to submit the selected options as the final answer. 3.2. Single-select multiple choice (SS) Single-select multiple choice (SS) requires the candidate to choose ONE “correct” options out of multiple choices. It is the LEAST common answer format in the BCG Online Case, taking up only 10% of the questions. 12 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep Simplified layout of the message box under an SS question SS questions are displayed with the following components: ● A full question as a text message, sometimes accompanied by an exhibit. You usually must click on the exhibit to fully view it. ● An option selection panel Unlike the MS questions, there is no “see options” button, since options are already shown right on the answer box. In case the width of the box is not enough to display all options, there will be buttons on the box for you to scroll sideways. For SS questions, you can select only ONE option. Even though this is not apparent from the interface, clicking on an option immediately submits it as your answer. As such, avoid clicking on any of the option as you may be brainstorming for an answer 3.3. Long-text / Free-form (LT) Long-text / Free-form (LT) requires the candidate to answer in paragraph format, usually 4-6 lines long to a given question. It is the second-most common answer format, tying with short-text format which will be described later; either of these formats take up about 20% of the questions. Simplified layout of the message box under an LT question 13 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep LT questions are displayed with the following components: ● A full question as a text message, sometimes accompanied by an image. You usually must click on the exhibit to fully view it. ● A message box similar to those found in messaging apps, with a “Send” icon on the right-hand side, allowing you to submit the answer. There are a few notable details about the message box: ● It allows you to type up to 1,500 characters – presumably this is the default for all tests hosted on Impress.ai, because BCG do explicitly state that they expect answers to be around 4-6 lines of text. So, try to keep your answer concise, there is no need for a full A4 page worth of answer. ● Pressing Enter does not submit the answer, but instead creates a line break as if you are typing in MS Word or Google Docs. BCG do explicitly state this right above the message box. ● It does not accept special formats. As such, if you want to emphasize ideas, use hyphens and capitalizations. 3.4. Short-text / Numbers-only (ST) Short-text / Numbers-only (ST) requires the candidate to answer in number format – hence the name. It ties with LT as the second-most common answer format in the BCG Online Case, at about 20% of the questions in each case. 14 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep Simplified layout of the message box under an ST question ST questions are displayed with the following components: ● A full question as a text message, sometimes accompanied by an image. You usually must click on the exhibit to fully view it. ● A message box similar to the one displayed for the LT questions. There are also a few notable details about the message box: ● It accepts only numbers. We have somewhat conflicting descriptions of this message box – some candidates state that you can only type in numbers, while other state that you can type in text, but if you submit that answer, the chatbot will tell you that the format in incorrect and forces you to answer the question again. ● Pressing Enter IMMEDIATELY sends the answer – BCG does not state this on the message box, but nearly all candidates we interviewed up until now (Sep 2022) described it as such. So, as with the SS questions – be careful not to press that Enter key by mistake. 15 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep 4. Question Types in BCG Online Case In this guide, “question type” is a classification of questions in the BCG Online Case following question contents / required skills to answer the questions – for example, questions involving mathematics will be classified as “Quantitative”. One question type might come in multiple answer formats. Not to be confused with “answer format/question format” which is explained in the previous chapter. One question type may come with multiple answer formats. There are five confirmed basic question types in the BCG Online Case. ● Structuring / Information (STR) ● Intuition / Insights (INT) ● Critical / Logical (CRI) ● Quantitative (QNT) ● Summary (SUM) In the real BCG Online Case, however, some questions may not neatly fit into any one type of this framework, or straddle two types at the same time – especially for the QNT, INT and CRI questions. As such, in the real case, be prepared for some “unpleasant surprises”. We would try to help with this by creating “hybrid questions” in the simulation. However, the basic types should cover about 80-90% of the questions in the real test. Also keep in mind that some question types are simply harder to “crack” than others, being less predictable/streamlined, and relying more on skills that takes time to build (such as mathematics or business intuition). 16 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep 4.1. Structuring / Information (STR) General description Cases in the BCG Online Case always start with a Structuring / Information (STR) question. There are usually 1-2 questions of this type for each case. The question might ask you to “break down the problem”, “structure the problem”, “identify the necessary information”, etc., but the logic behind the question is the same. They ALWAYS require top-down reasoning. This mimics the problem-solving process used by management consultants – which always start with the structuring of the problem, which informs the consultant which information to look for. Data and structure go hand in hand in a consultant’s problem-solving process. A sample STR question of the MS answer format... 17 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep ... along with its answer options. Details of the question STR questions in the BCG Online Case comes in both the MS and LT formats (but never the SS or ST format, since inherently a structure cannot be described by one option or a number). The MS variant usually appears at the start of the case, while the LT variant present itself in the middle or end of the case. For the MS format, there will be around 4-10 options, about 30%-60% of which are correct. Each option will represent a branch or part of a branch of the issue tree that results from the structuring process. At the end of the question text, BCG also specifies the number of options you must choose. For example, “choose three options”, or “choose the fewest number of options that applies”. 18 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep How to answer (MS format) To answer the MS format of the STR question, you should follow a two-steps process involving the use of an issue tree: ● Step 1: Outline an issue tree, using the options given by the BCG chatbot as suggestions for the branches. ● Step 2: Plug the options into the issue tree and choose the fewest/required number of options, that together covers the issue tree in the most comprehensive and leanest (i.e., MECE) way possible. Caveat on Step 1: this is effectively a bottom-up procedure. However, being bottom-up is actually acceptable in consulting IF you know how to re-structure your ideas before presentation. Also, this bottom-up approach saves time since you will be breaking the problem in the same way that the test-writer did. Caveat on Step 2: sometimes the options in the STR questions do not look MECE – because sometimes they are NOT MECE – which is why we advise candidates to choose answers that look “as MECE as possible”. BCG asks for “the best options”, so as long as they are better than the rest of the options, you will be fine. To do all of this, you will need to understand how “wrong” options are generated – which generally belongs to one of the following categories: ● Too broad: the option covers not only part or all of the issue tree, but also strays out of it and covers irrelevant information (e.g., if the problem concerns “navy strength”, Option A covers “all types of ships” and Option B covers “naval ships”, then Option B is the correct answer). However, ● Too granular: the option covers a too-small part of the issue tree that is already better covered by another option - provided that the higher-level option does not strays out of the issue tree. (e.g., if the problem concerns the profits of a company, Option A covers revenue of all of its 3 product lines, while Option B, C, D each covers only one product line, then Option A is the correct answer). 19 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep ● Irrelevant: the option does not relate to the problem in any way, shape, or form – i.e., it is entirely out of the issue tree (e.g., if the given problem is about revenue and the option is about cost). ● Wrong data: the option “looks” correct, but the unit or the timeframe is wrong. By logic most of them should be counted as a “too granular” or “irrelevant”, but we feel these being classified as a separate category would be easier to understand (e.g., if the problem is set in 2022 and the data is from 2020). Another caveat: the “too granular” and “too broad” options should only be “wrong” if there are better-fitting choices. If you have not met the required number of options, or BCG asks for “the fewest possible” and you see no better choices, then, proven that your issue tree cannot be revised, you should include them in. In such cases, prioritize “too broad” options over “too granular” ones if they overlap, because having more data than necessary is better than having incomplete data. How to answer (LT format) LT-format STR questions concerns many topics, but the most common one seems to be market-sizing. In all cases, however, the same two-step approach applies: ● Step 1: Outline ideas onto a scratch paper. You can be as bottom-up as you want, if necessary (some people are more comfortable and effective in this manner, while others like to think top-down – practice both ways and use whatever yields better results). Try to draw an issue tree or table to visualize the approach better. ● Step 2: Type in your answer based on the structure you just jotted down. Use hyphen as bullets, each branch being one bullet point. Try to keep your answer under 4-6 lines. For example: “To estimate the client’s market size, we follow these 4 steps: Step 1… Step 2… Step 3… Step 4...” 20 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep There are a few tips to help you deliver a short and concise answer: ● Trim the verbose fat: BCG wants your answer short, not “natural”, so if your answer is too long you might want to “denaturalize” it and keep only the key words to avoid. For example, instead of “I propose the following solutions for our client”, write “Proposed solutions include: [followed by bullet points]”. Do try to keep ideas clear to avoid being misinterpreted. ● Number your bullet points: this makes it easy for a human screener to see the structure behind your ideas. For example, under branch A you have branch A1, A2, A3, etc. ● Add follow-up insights: after laying out each branch, point out what data should be collected to test it, and how to collect the necessary data. Great candidates always do this in real case interviews, so you should do the same in the BCG Online Case – which is supposed to be a “chatbot case interview”. For example: “Step 1: estimate the number of potential customers – data available through market-research agencies”. 4.2. Intuition / Insights (INT) General description Intuition / Insights (INT) questions are the hardest to practice in the BCG Online Case – simply because it relies on “intuition” and not any fixed, clear-cut procedure or methodology. However, it is also the most common question type alongside Quantitative – about 2-3 questions per case. Its tell-tale signs are options that require business knowledge to understand (e.g., accounting terms) and/or cannot be deduced from the case information 21 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep A sample INT question of the MS format ... along with its answer options 22 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep Details of the question Many format details of the INT questions are very similar to the STR questions. INT also comes in both MS (about 60-80%) and LT formats (20-40%). For the MS format, there are anywhere between 4 to 10 options, 30-70% of which are correct. BCG will also sometimes specify how many options you should choose (“choose the 3 options that best matches”), but sometimes they go “choose all that applies”. INT questions may also come with exhibits – charts, diagrams, or tables – in which case they often ask for insights you can draw from such exhibits. Common topics for these questions are “root causes”, “potential effects”, “possible next steps”, “solutions” etc. INT questions (MS format) are superficially similar to CRI questions – they all use the same topics, they look similar, and in many cases, it is difficult to tell them apart without diving into at least 1-2 options. However, the biggest and most important difference lies in the information you use to answer the questions: INT questions rely on business “sense” and knowledge, while CRI – as would be explained in the next section – relies more on “common sense” and other information already given in the case. Answer tips Let us get this cleared up first: you cannot simply “crack” these intuition questions. However, we have some tips to help you along. ● Remove illogical options (MS format): sometimes INT questions combines with the CRI questions (critical/logical reasoning, which will be explained in section 4.4), in which case you can spot logically faulty options (contradicting common sense or case information) and remove them from consideration. For example, if the question asks for “benefits of increasing revenue” and one option says, “increased sales volume”, you know it is wrong because that option represents a potential cause, not an effect, of increasing revenue. 23 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep ● Brainstorm in your scratch paper, then restructure (LT format): always do this, both in the test and in the real case interview. Intuition questions are inherently bottom-up, but that does not mean your answer should be a long list of ideas without any structure at all. ● Evaluate options (LT format): similar to LT-format STR questions, you should go 120% for each idea listed in a LT-format INT questions by evaluating their effectiveness in the given context and feasibility. Do try to keep your answers in 4-6 lines (it is probably fine to go a bit overboard, say 7-8 lines, but any more would be harmful – usually you do not have enough data to go that far anyway). 4.3. Critical / Logical (CRI) General descriptions Critical / Logical (CRI) questions are not as common as the other question types – 0-1 questions per case – however, since they might be “blended” into other question types, it is still important to know how they work. 24 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep A sample CRI question of the MS format… … along with its options 25 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep Details of the question CRI questions always take the MS format. Technically, the SS format might be applicable, however, we have not received any such report (since both the MS and SS formats are multiple-choice, the logic remains the same). As such, for this question we will be focusing on the MS format. Again, the format is very similar to the INT questions of the MS format – sometimes coming with charts, tables, and diagrams to supplement the details, with 4-10 questions, 30-70% of which being “correct” answers, The line between CRI and INT questions is blurred – however, INT relies more on having a “business sense” or business knowledge, while CRI relies on common sense and information already given in the case – similar to “which of the following is true according to the information given in the text” kind of questions in verbal or logical reasoning tests used by other firms. That said, in the BCG Online Case there might be CRI-like options in INT questions, and vice versa. There are many ways the question might be phrased. For example, “which of the following statement is true…”, or “which of the following, if true, explains…”, or “which of the following is a potential effect…”. However, the logic remains the game: does this statement make sense with what we know from the case? How to answer For CRI questions, we suggest the following two-step process (with some nuances): ● Step 1: Categorize each option on a 5-point scale from -2 to +2 ● Step 2: Depending on the qualifiers of the question, choose correct options. For Step 1, the 5-point scale is as follows: ● Explicitly Confirmed (+2): the statement is explicitly confirmed / mentioned by the information given in the case. 26 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep ● Implicitly Confirmed (+1): the statement is not explicitly confirmed, however, can be inferred to be true, using information in the case. ● Inconclusive (0): the statement is neither confirmed nor rejected by the information in the case OR by inference (if you feel the option is 50-50, it is likely inconclusive). ● Implicitly Rejected (-1): the statement is not explicitly rejected, however, can be inferred to be false, using information in the case. ● Explicitly Rejected (-2): the statement is explicitly rejected / falsified by the information given in the case. NOTE: Our previous grading system uses “True” in place of “Confirmed”, and “False” in place of “Rejected”. If you happen to read this guidebook BEFORE the mock tests are updated, please keep in mind that it is the same 5-point grading system. Only the wording is changed to avoid confusion, following feedback from early testers. For Step 2, the recommended actions are as follows: ● If there are NO qualifiers: choose all positively graded options. It is actually more common for CRI questions to have no qualifiers at all – supposedly to test critical thinking more than strict deductive logical reasoning. ● If there are qualifiers (e.g., “which of the following is ABSOLUTELY true”, or “which of the following MIGHT explain”) – use them to determine which categories on the scale should be regarded as correct. For example, if the question asks for “surely true”, choose only “+2” items. 4.4. Quantitative (QNT) General descriptions Appearing at an equal frequency as the INT questions, Quantitative (QNT) questions are among the most common questions in the BCG Online Case, at 2-3 questions per case, often appearing soon after the start of the case. 27 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep Quantitative questions require you to calculate a number to reach the answer and might be blended as part of CRI or INT questions. A sample QNT question of the ST answer format... In the BCG Online Case, QNT questions come in either ST format (about 70-80% of the time) or SS format (about 20-30%). Regardless of the format, the logic behind the question remains exactly the same. QNT questions are nearly always accompanied by exhibits (i.e., charts, tables, diagrams, etc.) which supplies the formula and numbers necessary for the task given by the question. As such, they They also come with specific instructions of the number format expected by BCG (similar to the italic note on the example above). If you type a wrong-format answer in, the bot will reject that answer and ask to try again. 28 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep Exhibits, numbers, and difficulty The exhibits used in for BCG Online Case QNT questions are often relatively simple, compared to those used by the PST or Potential Test. They often contain 4-25 data points (about 2-5 rows x 2-5 columns in table format) plus any necessary legend and footnotes. Charts and tables are much more common than diagrams. The calculations are usually easy. Most of the time, BCG used “simplified” (i.e., not “real” data, but data specifically tailored for testing purposes) and rounded numbers. They also allow the use of calculators (not that they can forbid you anyway, since the test is taken at home). Some margin of error is allowed since the results are often rounded to the first decimal point (e.g.: 12.3456 to 12.3). The hardest parts about QNT questions are actually figuring out the formula and picking the right data. BCG often confuses candidates by throwing in lots of “noise” into each exhibit (about 50-80% of the given data for each question are irrelevant), and/or not providing the formula necessary for the question, asking you to figure that out instead. QNT questions do not often require much in terms of accounting or finance knowledge (when they do, BCG often provides the necessary formula). However, it is better to be safe and sure, so non-business candidates should brush up on basic accounting if they do not feel confident on this front. Calculation types NOTE: If you happen to own the Redrock Simulation package of the PSG Simulation, you might opt to skip this section, since this is actually the “original” guideline of that Redrock version. (The Redrock test and the BCG Online Case use similar calculation types – although the BCG Online Case has more “confirmed” types and tend to be more difficult). QNT questions cannot simply be “cracked” – however, you can increase your chance of getting the right answers by focusing your practice on these common calculation types (which apply for other consulting tests as well): 29 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep ● Simple percentages: percentage / ratio / fraction between two items. The most common pitfalls for this kind of calculation are to (1) mistake the position of the items in the formula (e.g.: the question asks for a A-to-B ratio, but you calculate the B-to-A ratio), and (2) mistake percentage for percentage gap. ● Compound percentages: multiple consecutive percentage calculations (i.e., percentage of percentage). These share the same pitfalls with the simple percentage calculations but add another degree of complication. For these questions, some candidates find it easier to augment calculations with natural numbers, by using given data or “dummy numbers” (e.g.: the question asks for a website’s number of orders, given the per-stage conversion rate of a 5-stage funnel, then you can look for the original traffic figure, or just assuming it to be 1,000 or 1,000,000 – whichever is more in-line with the case context). ● Weighted averages: similar pitfalls with percentage calculations. That said, sometimes in weighted average calculations, the weights do not add up to 100% - in which case, you will need to divide the sum of all items by the sum of their weights to arrive at the correct answer. ● Probabilities: these might appear for cases relating to sales and conversions; many probability calculations are very counter-intuitive. As such, we will offer a quick overview for basic probability calculations in the “tips” section of the guidebook. Follow-up questions Most notably, the QNT questions are the only questions in the BCG Online Case where you might figure out if you got a right or wrong answer. This is because QNT questions each come with a set of “follow-ups”, i.e., mini questions that are delivered in response to your answer. Specifically: ● If your answer to the “key question” is right: the follow-up question asks you to explain or elaborate how you got to that answer. 30 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep ● If your answer to the “key question” is wrong: the follow-up questions walk you through the calculation process, step-by-step, usually taking 2-4 questions, each representing one calculation. DO NOT lose composure if you see the “wrong” responses. If these appear, calmly re-assess your calculations, to make sure you get the right numbers. NOTE: Other question types – especially multiple-choice ones – may have follow-up questions as well, but their existence is unconfirmed, and their details are murky. As such, the above description applies only to QNT questions. A sequence of 3 “wrong” follow-up questions... ... and a “right” follow-up question To answer “right” follow-up questions, try to outline your calculations into steps, explaining each step then plug in the numbers. For example: “Step 1. To calculate 31 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep ABC, we multiply XYZ with MNPQ (ABC = 123 × 456 = 56,088)”. Keep it in 3-4 steps at most – more than that and you will confuse the screener. 32 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep 4.5. Summary (SUM) General descriptions Summary (SUM) questions often appear at the end of a BCG Online Case. That said, not all cases end with this type of question – in which case they may end with an INT question of the LT format instead. SUM questions are always in LT format. Most of the time, the SUM question is worded directly as a request for a summary – like the one below A sample SUM question in the BCG Online Case How to answer BCG stresses clarity and brevity as key criteria for this kind of question. You need to cover all main points in the case, without going too deep into the details. You also have to structure the pitch in a logical, easy-to-follow manner. The “answer formula” is as follows: “Our [insert number] objectives in the case are [insert objectives]. Our current [insert number] findings are [insert findings]. In response to those findings, we suggest [insert number] recommendations: [insert recommendations].” Yes, that does not sound “smooth” at all, but that is just how “consulting communication” is. Terse and information dense. 33 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep Note that there can be just one, or multiple objectives/findings/recommendations. If there are more than one item for each category, number them to make your pitch more structured and easier to follow. 34 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep 5. Video interview 5.1. Interface and flow The video interview in the BCG Online Case requires the candidate to answer a “client pitch” question in a video recording format. It is always at the end of each BCG Online Case. Simplified layout of the video interview interface Unlike the other questions of the BCG Online Case, the video interview is performed on a third-party interview platform, not the chatbot interface. At the end of the case (either because you have answered all the questions, or run out of time), the bot will announce that you need to complete a video interview. It will present a button that opens up another site that hosts the interview. Both a functional webcam and a microphone are required for this question. 35 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep You will have 60 seconds to prepare and 60 seconds to deliver the answer. The time for the video-record question is not counted as part of the case time limit. As such, you do not have to rush the case in order to save time for the video recording at the end. Once you have completed the video interview, you will be returned to the original chatbot interface, upon which the case is completed. 5.2. Question types and how to answer Question types For the video interview, the question is usually a repeat of the last question in the case – which are usually SUM or INT questions, of the LT format. The wording of the question can be changed slightly – often made into a “CEO pitch” situation (e.g.: “You meet the client CEO in the meeting room. He asks for a brief summary of the current findings and recommendations”). How to answer The answer for the video is recommended to be a more verbose, formal version of the LT answer – adding greetings, explaining items in better details, and closing with a “next-step” suggestion. The following is a sample structure for a SUM video interview question: “Hello Mr. CEO, it has been great pleasure working with you on the project to [insert objectives]. Based on our analysis, the current [insert number] findings are: [insert findings]. To help your company rectify these problems, we propose the following [insert number] solutions: [insert numbered recommendations]. The team would be happy to work with you to help implement those solutions. And a sample structure for an INT, market-sizing video interview question: 36 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep “Hello Mr. CEO. Regarding your question on the market size of the X product: it can be answered by the following formula [insert formula]. Data for variables X, Y can be acquired by [insert data sources], while data for variable Z can be acquired by [insert data sources]. The team would conduct the research and return with the correct market size, should this be a matter of necessity to the project.” Answer tips You can enhance your ability to answer video interview questions (of the BCG Online Case) using the following tips: ● Practice with your own customized scripts: the examples we have given above may not sound “natural” to you. As such, customize your own scripts and practice until you feel natural saying them. ● Master the “CEO language”: consultants and senior executives alike prefer terse, result-oriented communication (after all, CEOs pay consultants to hear suggestions, not just statement of problems). As such, do not dive into the details of HOW the findings and recommendations are reached – head straight for the results, and follow-up with next steps. ● Use wordcount to estimate length: a good way to estimate the length of your pitch is to use wordcount. For a 60-second pitch, about 120-150 words should be reasonable – depending on how fast you speak. Avoid sacrificing clarity for speed. ● Do not end the pitch too early: a tip when doing video interview is to use 80-90% of the time limit – because most of the time, the time limit is set “just above” the expected length for the answer. 37 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep 6. Other Tips and Tricks 6.1. Preparation tips Perform the test in under 80% of the time limit There are many things that can go wrong in the real test: you run into an unfamiliar question type, you make mistakes here and there, your test has a shorter time limit (because time limit varies between positions, locations, and seem to depend on the number of questions as well). As such, aim for an 80% time limit max during practice. This applies not only to the BCG Online Case but any other test as well. This is to make sure you have enough room for error during the real test. Learn the basics of probabilities Just to clear up a few basic rules for probabilities calculations, let us assume that: A, B, and C are hypothetical events. ● PA, PB and PC are chances of these events taking place. ● PA’, PB’, and PC’ are chances of them NOT taking place. Following these assumptions: ● If A, B, and C are mutually exclusive events, then the chance of ALL of them taking place is 0 (because one taking place means the other two cannot), while the chance of ANY of them taking place is PA + PB + PC. ● If A, B and C are independent events, then the chance of ALL of them taking place is PA × PB × PC, the chance of ANY of them taking place is 1 - PA’× PB’ × PC’ (not PA + PB + PC – this is a very, very common mistake). 38 A Companion to the BCG Online CaseⒸ 2022 MConsultingPrep 6.2. Test-taking tips Take note after each question Taking notes after each question (and after the case context announcement as well) helps you maintain a “big picture” view of the case. This will help you immensely in the SUM questions – should they appear at the end of the case – and also help you piece together data that might come in handy during INT / CRI questions, since sometimes INT / CRI questions require data / insights from previous questions of the same case. Do not be distracted by the time limit warning Most candidates we interviewed feel pressured into making rushed answer choices by the warning “You have X minutes left” delivered by the chatbot. We do not know whether this is intentional or not (i.e., BCG might purposefully implement this feature to rule out candidates that cannot perform under heavy pressure). However, do try to maintain a steady pace, and you can do that by consistently aiming for an 80% time limit during practice. 39