How to Solve the BCG Chatbot Case (BCG Online Case Assessment)
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- เผยแพร่เมื่อ 13 พ.ค. 2024
- In this video, you will take a closer look at a BCG Chatbot case study with former BCG consultant Deniz.
Chatbot is an online case assessment used by BCG to assess the skills of potential candidates, and it's also known as Casey, Online Case Assessment, or Online Case Experience.
Deniz will walk you through each step of the case, sharing insights into what BCG is evaluating and tips to maximize your score. Throughout the video, you will learn how to think like a consultant and gain a better understanding of a profitability business problem, which is one of the common topics covered in BCG Chatbot and case interviews.
The video covers the following topics:
[00:00]: Introduction
[00:32]: Question 1 (Clarifying Questions)
[02:25]: Question 2 (Framework)
[04:34]: Question 3 (Profit decline drivers)
[07:08]: Question 4 (Variable cost #1)
[08:52]: Question 5 (Variable cost #2)
[09:46]: Question 6 (Recovery strategies)
[13:12]: Question 7 (Risks)
[14:52]: Question 8 (Conclusion)
Please leave a comment if you have any questions. Our Prepmatter team will be more than happy to answer them!
RESOURCES:
1. Enrol in Prepmatter's BCG Chatbot course to access all 8 case studies:
prepmatter.com/online/bcg-onl...
2. Take the Online Assessment Guide to get access to:
- McKinsey Problem Solving game: prepmatter.com/online/mckinse...
- BCG and Bain Pymetrics Test:
prepmatter.com/online/bcg-and...
- BCG Potential Test:
prepmatter.com/online/bcg-pot...
3. Explore our Get the Offer course at:
prepmatter.com/get-the-offer
Get access to our exclusive case and fit interview content, including over 41 animated videos, 10 live cases and 26 live fit interview examples, over 40 case studies, exhibits, and structuring drills.
4. Avail of the FREE Secure the Interview course at prepmatter.com/secure-the-int...
This can help you create that perfect resume and cover letter that will leave a good impression.
5. Learn more about our Case Interview Coaching at prepmatter.com/case-interview...
You can work with Prepmatter coaches on a 1-on-1 basis to accelerate your learning.
Subscribe to our TH-cam channel: / @prepmatter
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Enrol in Prepmatter's BCG Chatbot course to access all 8 case studies:
prepmatter.com/online/bcg-online-case-assessment-chatbot
Really helpful! Thanks for the video and all the tips :)
Super Helpful ! Thank You
Thank you for very helpful video, please post more videos related chatbot
Glad you've enjoyed it. Yes, we'll upload another BCG chatbot video next week!
thank you! very useful
Glad you've found it helpful!
Fantastic video, thank you!
A question: I’ve read online that BCG seems to test quantitative reasoning quite a bit on Casey, which you don’t really go into here in this example case. Is the information I read wrong? Thanks!
You're right. While the quantitative sections of the actual assessment might vary based on the specific case study, our example in this video isn't heavily focused on the quantitative aspect. In the Prepmatter's course, we offer 8 case studies, each with different levels of calculations. I hope you find them useful!
For Q5, shouldn't it be the ratio between variable cost to total cost?
In real-life projects, we often examine the cost-to-revenue ratio to understand how effectively companies manage their costs, especially concerning variable costs, as these are directly linked to revenues. Looking at the variable-to-total cost ratio might be misleading. For instance, if fixed costs also increased over time, the ratio of variable costs to total costs may not appear to change, even though, in reality, both have increased. I hope that makes sense!
Hello! Just wondering why you stated that $3 price per tonne would not impact profitability. If price goes up per tonne this might have affected customer buying decisions resulting in lower market share? as the customer would go to someone else with a cheaper price?
Great point! I've first approached the issue on a high level: quantity*price. Mathematically, quantity decline is the issue, not the price increase. But digging deeper into why quantity is declining, specifically why market share is declining, the price increase can certainly be the problem! I could have been clearer in my answer, for sure.
We've recently recorded a full live walkthrough of the same case study, which we will share in the next couple of weeks. I hope as a candidate, I made this point more clear. Be on the lookout!
@@Prepmatter Thank you so much for clarifying! This is super helpful :)
There are more cases of the chatbot? or is it the only one?
In the actual assessment, you'll cover one case study only. In our BCG Chatbot course, you'll have access to 8 interactive cases, including the one shared in this video.
Great video. However, I could barely hear even after maximizing the volume. Would be great if you could adjust the video and raise the sound.
Thank you for your feedback and for watching our video! Unfortunately, TH-cam no longer provides the option for us to adjust the volume of uploaded videos. However, you might want to try watching the video on a different device, or enable the Closed Captions (CC). We also recently released another video on a BCG chatbot case where we've made sure the sound volume is a bit higher. We hope this one works better for you: th-cam.com/video/6aybasQAXU0/w-d-xo.html. Thanks again for your support!
please where can i find the Chatbot Cases he mentioned in min 16:00
prepmatter.com/online/bcg-online-case-assessment-chatbot
Please how did you calculate the 3 dollar increase per tonne
That's already provided in the exhibit. We just need to look at the legend to understand that the red dot signifies the price point. By referring to the Y-axis on the right, you can see that the price increased from $72 to $75 per tonne.