Market sizing is shockingly uncomplicated

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How to approach consulting market sizing / estimation interview questions.
Need casing help? Book a 1:1 coaching call w/me: stan.store/matthuang21
Business inquiries: huangmatt21@gmail.com
0:00 Intro
0:12 What is market sizing?
0:56 Why consulting firms ask market sizing questions in interviews
2:20 What even is a market?
2:54 Why it's not about the numbers, it's about the approach
3:57 Walkthrough example: How many students apply to consulting jobs in the US?
4:41 Ask clarifying Qs
6:07 Building out the "equation"
8:07 Walk interviewer through approach
9:30 Ask if there is any data available
10:07 Inputting assumptions
12:09 Doing the math
13:00 Sanity check the number
14:17 How can I make this better?
#managementconsulting #caseinterview #consulting #marketsize
Sub count: 8,921

Опубликовано:

1 авг 2024

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Комментарии : 57

@anuragray2323 25 дней назад

I don't know what we did to deserve such high quality content at zero cost but appreciate it hugely! Thanks as always Matt!

@matthuang21 24 дня назад

I appreciate that! Thanks for dropping by

@Montanajj 18 дней назад

Best mentor for young finance students on RU-vid. No bs, not trying to sell anything. Just raw unfiltered advice

@matthuang21 18 дней назад

Thanks for the kind comment!

@joshyjosh711 25 дней назад

Thanks man! These detailed explanations are awesome. I appreciate the way you break it down to make it easily understandable.

@matthuang21 25 дней назад

Hey Josh! Thanks for the kind words - I appreciate you stopping by!

@viratvishwanadhula4010 25 дней назад

matt! these are amazing, please keep on making them

@matthuang21 25 дней назад

Hey Virat! So glad to hear you're finding these valuable

@rangho10 25 дней назад

This video is so perfect Matt! I often find the biggest fear people have in case interviews is making the wrong estimate. But your walkthrough broke it down so well, where your evaluation is judged more so on the reasonable assumptions/possible past learnings through which you developed the estimates, rather than the actual value. A piece of information is discrete (like a stat, or population number), but a problem-solving framework is re-creatable, and displays your ability of getting to that discrete information, and utilizing it correctly. So more so analysis focused than a general knowledge test.

@matthuang21 24 дня назад

Couldn’t have said it better myself!

@bolawyd 12 дней назад

I’m a first year who plans on going into consulting and your channel is probably the best thing I’ve found for preparing and insights on what it’s like. Thank you

@matthuang21 12 дней назад

So glad to hear that!

@user-sl3kz2mo7l 21 день назад

Great work Matt!! thank you for making this highly informative and valuable content the effort you put into it, much much appreciated

@matthuang21 21 день назад

Thank you, I'm so glad you found this vid valuable. Appreciate you dropping by!

@sameer5884 25 дней назад

Damn mann so much quality ❤ Keep them coming Loving the detailed videos on this channel

@matthuang21 24 дня назад

Hey Sameer! So glad you are finding these helpful

@hridayranade8436 25 дней назад

Matt, your video’s are extremely helpful. Thank you!

@matthuang21 25 дней назад

Glad to hear you are finding them useful!

@lukemudrylee9226 18 дней назад

Another excellent video Matt! I've just started casing myself and this was very helpful

@matthuang21 18 дней назад

Thanks Luke! Glad to hear it’s helped and hope the prep is going well

@leongyongxuan6312 14 дней назад

Hey Matt! I have an upcoming case interview with one of the consulting firms, randomly stumbled upon your vids on RU-vid and was spam watching it the past few days. Love your content please keep uploading!!

@matthuang21 8 дней назад

Best of luck! So glad this video helped

@IAmProcrastinating 11 дней назад

You're a legend!

@rishabhmail125 15 дней назад

Thanks Matt, this really helps.

@matthuang21 14 дней назад

Glad to hear it!

@valintong889 12 дней назад

Thank you sir. This is something I really needed as a marketing manager aspirant.

@matthuang21 11 дней назад

Glad it was helpful!

@Kanishk_Upadhyay_ 25 дней назад

You're doing really good work man, being an MBA student in India it is helping me a lot, keep up the good work brother.

@matthuang21 24 дня назад

Glad to hear that!

@colincross4083 24 дня назад

Always love the videos Matt! Getting ready for FT recruitment would love to hear a video on how you got the math portion of the case down for MBB

@matthuang21 22 дня назад

Hey Colin! Thanks for the rec!

@JaviWhoChannel 25 дней назад

this was nice bro thank you

@matthuang21 24 дня назад

Any time

@user-rl4tu8oj6w 22 дня назад

First thank you for the work you do. Secondly i just graduated from university and i am interested in creating a business. your videos are helping me think strategically on the overall business and its really usefull for me since i dont have a business background.

@matthuang21 22 дня назад

Best of luck with your business!

@Floptropican-Tim 21 день назад

Hey Matt, thank you again for the wonderful video. im wondering if could do a video on cash management, i have an internship offer from a bank and i am desperately need to gain some practical insights before second interview. Thank you in advance

@tng2138 10 дней назад

Your content is top tier! You should get the same fame just as rareliquid and kenjiexplains etc.

@matthuang21 10 дней назад

Thank you! I am honored

@michaellin4092 24 дня назад

This white board videos is very Sam’s Ovensique. Would love to chat sometime soon man! You seem like a very knowledgeable and considerate guy! Keep it up

@matthuang21 24 дня назад

Thanks Michael! I'm flattered to be compared to Sam Ovens. Shoot me a note at the email in my bio and we can find a time to chat.

@ocean7991 25 дней назад

Great video.

@matthuang21 24 дня назад

Thanks!

@bryanchew5909 23 дня назад

Thanks for showing the in-depth and walked thro step -by step on the approach. Would like to know if you can suggestion courses / ways to sharpen problem solving skill? specific on able to think from multiple angles for the approach for junior level.

@matthuang21 22 дня назад

Next time you have a problem, think about it in a structured way. Try to create a framework, think through the options, consider pros and cons, and try to be MECE. Over time it will come more naturally.

@user-en4ek6xt6w 23 дня назад

Really nice video

@matthuang21 22 дня назад

Glad you enjoyed it!

@ivansalim 8 дней назад

Thumbnail are amazing

@judyvsworld 25 дней назад

10k soon !!

@matthuang21 24 дня назад

Soon! ☺️

@MinjuJeong-go2hv 24 дня назад

Hey Matt, how long is the 1 on 1 coaching call?

@matthuang21 24 дня назад

60 min!

@NamPham15019 25 дней назад

Thanks Matt, i absolutely love this white board series. Quick question, do you have any framework for general business operation cases? And how about IT consulting cases. What do you think about it? ❤

@matthuang21 24 дня назад

It’s a bit hard for me to answer without specific examples but I think many strategy frameworks can work for business ops cases

@joydeepsarkar8879 24 дня назад

Hey, sir I am an average Indian student, not from any elite institution, having profile like 88/85/89 in 10th and 12th and graduation, preparing for the cat from last 2years ,(basically 2years of gap) and a non- tech background, sir with all these I always dreamt of getting into consulting, is it any way possible sir?

@matthuang21 24 дня назад

You don't need to have a technical background for strategy consulting, but you might need to get into a top MBA program so that you can improve your recruiting chances for consulting firms.