Market sizing is shockingly uncomplicated

Рет қаралды 11,674

Күн бұрын

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

Пікірлер: 57

@anuragray2323 20 күн бұрын

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 18 күн бұрын

I appreciate that! Thanks for dropping by

@Montanajj 13 күн бұрын

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

@matthuang21 12 күн бұрын

Thanks for the kind comment!

@viratvishwanadhula4010 20 күн бұрын

matt! these are amazing, please keep on making them

@matthuang21 20 күн бұрын

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

@joshyjosh711 20 күн бұрын

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

@matthuang21 20 күн бұрын

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

@rangho10 20 күн бұрын

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 18 күн бұрын

Couldn’t have said it better myself!

@sameer5884 19 күн бұрын

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

@matthuang21 18 күн бұрын

Hey Sameer! So glad you are finding these helpful

@user-sl3kz2mo7l 16 күн бұрын

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

@matthuang21 16 күн бұрын

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

@lukemudrylee9226 13 күн бұрын

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

@matthuang21 12 күн бұрын

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

@hridayranade8436 20 күн бұрын

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

@matthuang21 20 күн бұрын

Glad to hear you are finding them useful!

@bolawyd 7 күн бұрын

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 7 күн бұрын

So glad to hear that!

@leongyongxuan6312 8 күн бұрын

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

@matthuang21 3 күн бұрын

Best of luck! So glad this video helped

@IAmProcrastinating 6 күн бұрын

You're a legend!

@valintong889 6 күн бұрын

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

@matthuang21 6 күн бұрын

Glad it was helpful!

@colincross4083 18 күн бұрын

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 17 күн бұрын

Hey Colin! Thanks for the rec!

@rishabhmail125 9 күн бұрын

Thanks Matt, this really helps.

@matthuang21 9 күн бұрын

Glad to hear it!

@Kanishk_Upadhyay_ 20 күн бұрын

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 18 күн бұрын

Glad to hear that!

@JaviWhoChannel 20 күн бұрын

this was nice bro thank you

@matthuang21 18 күн бұрын

Any time

@user-rl4tu8oj6w 17 күн бұрын

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 17 күн бұрын

Best of luck with your business!

@tng2138 5 күн бұрын

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

@matthuang21 5 күн бұрын

Thank you! I am honored

@michaellin4092 19 күн бұрын

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 18 күн бұрын

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 19 күн бұрын

Great video.

@matthuang21 18 күн бұрын

Thanks!

@Floptropican-Tim 15 күн бұрын

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

@user-en4ek6xt6w 18 күн бұрын

Really nice video

@matthuang21 17 күн бұрын

Glad you enjoyed it!

@judyvsworld 20 күн бұрын

10k soon !!

@matthuang21 19 күн бұрын

Soon! ☺️

@bryanchew5909 17 күн бұрын

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 17 күн бұрын

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.

@ivansalim 2 күн бұрын

Thumbnail are amazing

@MinjuJeong-go2hv 19 күн бұрын

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

@matthuang21 18 күн бұрын

60 min!

@thinkingcitizen 17 күн бұрын

ngl the original 'Shockingly Uncomplicated' guy should have trademarked the phrase

@matthuang21 17 күн бұрын

Ngl that would’ve been a smart move

@joydeepsarkar8879 19 күн бұрын

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 18 күн бұрын

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.

@NamPham15019 20 күн бұрын

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 18 күн бұрын

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