Categories
Interviews

Have you ever failed at anything?

(Source: Flickr) Another question that may come up in the consulting interview is “have you ever failed at anything?” This question is designed to assess your ability to learn from experience, and overcome obstacles. In preparing a response to this kind of question, develop a story about a time that you were not able to […]

Categories
Interviews

Why Consulting?

(Source: Flickr) In the consulting interview, your interviewer is likely to ask you the following straightforward question, “why consulting?” Relevance of the question The question is relevant for two reasons: Your interviewer is likely to ask it in the interview; and You will be much more likely to succeed (in the interview and afterwards) if you […]

Categories
Economics

Price and Value

Price and value, there is a difference. Price is what you pay for something; the number of dollars that you need to part with in order to obtain it. Value is what you receive; the positive feelings or practical utility that the object or the experience imparts. I recently had my birthday, and I was delighted to […]