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Market sizing frameworks allow a business to know if a particular market would be appropriate to expand into. The capital expenditure required to expand into a new market is high, and exposes the company to a lot of risk. Therefore, extensive work by consultants to determine those risks and opportunities is an important step for companies to take.
From a firm perspective, they want to know if you understand how to build a framework for this type of business problem, and appropriately defend your assumptions used to build your market sizing framework. If you're able to do that, then you stand a good chance to do well in your case interview. Listen to Jenny Rae and guest Matt Plumber, as they do a market sizing framework walkthrough.
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Timestamps:
00:37 Question prompt.
01:15 Prompt note taking.
01:42 Clarifying questions about the prompt.
01:58 Building Framework
02:58 Clarifying assumptions
04:05 Walkthrough of data
07:04 Walkthrough of the math
08:05 Understanding what the data represents
09:48 Strategic assessment
10:50 Interviewer assessment of framework
Market Sizing Framework Walkthrough- Bain Style
Теги
management consultedmanagement consultingadvanced case interviewcase interviewcase study interviewconsulting case interviewcase interview preparationcase interview questionscase interview prepcase interviewsconsulting interviewcase interview frameworkscase interview examplecase study exampleinterviewconsultingcase questionscase studiesmanagement consulting prepbain case interviewbain style case