Consulting Interview Questions and Answers

Consulting Interview Questions

Consulting Interview Questions and Answers

Thumb

Author

BIQ

Questions

12

Last updated

Nov 7, 2022
Download

Consulting Interview Questions include behavioral, time management, problem-solving, and common interview questions which include asking about your strengths, your weakness, skills, and work history. These all questions, the interviewer must ask during an interview.

Last but not least which interviewers ask in consulting interviews are case interview questions. These are basically the questions in which the interviewer gives you a business scenario and would ask how you would solve the problem to check your patience and presence of mind.

Situational Interview Questions also come under Consulting Interview and are a bit the same as behavioral interview questions in which the employer gives you a situation and asks you for resolution. So, to keep all these things in mind we bring some Consulting Interview Questions and Answers which helps you during the interview.

Most Frequently Asked Consulting Interview Questions

Here in this article, we will be listing frequently asked Consulting Interview Questions and Answers with the belief that they will be helpful for you to gain higher marks. Also, to let you know that this article has been written under the guidance of industry professionals and covered all the current competencies.

Q1. Why do companies need consultants?
Answer

Today often companies need consultants for various reasons like-

  • Companies need extra horsepower.
  • For Specialized skills
  • To be in Safe Zone
  • To know what is going outside.
  • They hire to teach their staff
  • Hiring a consultant enables Cost Benefits
Q2. How would you make our company more profitable?
Answer
  • Hiring the right people in a way to not only check qualifications but their motivation and dedication towards work.
  • Advertisement of your Products or Brands in a way that your marketing team focuses on awareness of the product.
  • Maintain consistency in providing good services.
  • Inspire and motivate your employees is the root cause to make an organization profitable.
Related Article: What are some good signs you got the job
Q3. How should consultants set prices for projects?
Answer

This varies from consultants to consultants. Many consultants charge on an hourly basis, many charge an initial fee and then a monthly fee, and some according to the project.

There is a simple formula to calculate the price for the projects-

(Approximate Hours of Work + 20% for occurrences) x Hourly Rate = Project Charge.

Q4. What are some important ethical considerations for consultants?
Answer

There are some principles of ethical consulting like-

  • Don't betray your client.
  • Keep your client's information confidential unless the client requests otherwise.
  • Avoid dependency in both ways like on you by your client and by you on your client.
Q5. Why do you want to work for our consulting firm over other firms?
Answer

This Consulting Interview Question varies according to your situation and hence there could be many answers for it-

  • I want to work in a type of environment where I am facing new challenges and this is one.
  • I love interacting with new people. Here client interaction will meet my that requirement too.
Q6. How do you keep track of your progress during a project?
Answer
  • By organizing KICKOFF Meetings.
  • Make the goal and success of your project visible to everyone on the team.
  • Interact with your team on a regular basis.
Q7. Describe how you typically conduct a sales meeting.
Answer

There are some ideas that should be part of the Sales Meetings like-

  • Start with a positive note.
  • Share all organizational Information.
  • Show what you have learned.
  • Track all progress together.
Q8. What has been your average number of clients at a time?
Answer

It is not good to have too many clients for an agency as this leads to confusion and deviating work on a negative track.

After a discussion with many agencies and organizations, to attain maximum benefits and profit an organization should have 10-20 active clients.

Q9. What's your leadership style?
Answer

This Consulting Interview Question varies from person to person. There are many leadership styles like Autocratic, Authoritative, Democratic, Coaching, etc. However to choose what is your style you must know the following points-

  • Know about yourself.
  • Should know and familiar with all leadership styles
  • Practice makes a leader.
Q10. Describe a time you had to lead a team through a difficult challenge.
Answer

Be straight and truthful to this question. You have a very good opportunity to show your resolution and problem-solving skills in front of the interviewer.

STAR method you can tell them i.e. Situation, Task, Action, and Result.

Q11. How would you explain a complex technical issue to a client?
Answer

In this situation consider your client from Non-Technical department and then let them understand the issue-

  • Time Factor- Tell the issue in a more understandable way and in a particular frame.
  • Business Objective- It is very important to show your progress and goals to the client so that they would better understand the issue.
  • Uncover Side Issues- Don't get afraid of side issues to discuss with the clients.
Q12. Imagine you had a difficult boss. How would you handle the situation?
Answer
  • Identify his Motivation and let you work on that.
  • Don't bring those discussions in your mind at the time of doing work.
  • Set Boundaries.
  • Always be one step ahead.