Schedule mock interviews on the Meeting Board, join the latest community discussions in our Consulting Q&A and find like-minded Interview Partners to connect and practice with!
Back to overview

Restructuring / turnaround cases

Hi PrepLounge community,

I have an interviewer-led case interview coming up with a PE firm. The guidance I was given was that it is likely to a turnaround / restructuring case for a company in distress, involving a P&L statement or balance sheet. Can anyone recommend some cases like this for me to practice?
 

3
2.5k
50
Be the first to answer!
Nobody has responded to this question yet.
Top answer
Ian
Coach
on Aug 15, 2023
Top US BCG / MBB Coach - 5,000 sessions |Tech, Platinion, Big 4 | 9/9 personal interviews passed | 95% candidate success

Hi there,

  • Pressing Parts Problems in the Ross casebook is perfect (turnaround AND P&L)
  • Little Bud Co in Ross is also good
  • Great Burger in Stern has a good P&L + balance sheet.
  • China Outsourcing Op in Wharton comes close

Here's some helpful reading: https://www.preplounge.com/en/case-interview-basics/business-concept-library/common-terms-of-business/balance-sheet

Here are some fantastic prior Q&A: https://www.preplounge.com/en/consulting-forum/how-to-structure-liquidity-turnaround-question-8708

https://www.preplounge.com/en/consulting-forum/turnarounds-why-is-access-to-capital-important-8796

https://www.preplounge.com/en/consulting-forum/case-selling-a-division-of-a-company-9275

edited on Aug 16, 2023
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer

Hi,

I interviewed for the value creation team of one of the largest global PE shops. It wasn't a turnaround focused case but there was also P&L analysis. 

Happy to share a couple of tips on how to approach interview questions like that - just drop me a dm!

on Aug 18, 2023
#1 rated McKinsey Coach | top MBB coach

Hi there!

Lots of great answers below already. 

Don't assume though that this is exactly the case that you should be practising for. 

It could be anything.

Sharing with you a few cases based on recent real MBB interviews. They contain detailed interviewer notes so they should come in handy:

https://www.preplounge.com/en/management-consulting-cases/interviewer-led-mckinsey-style/intermediate/element-mobile-expands-into-refurbished-phones-mbb-2nd-round-302

https://www.preplounge.com/en/management-consulting-cases/candidate-led-usual-style/advanced/mbb-first-round-soy-technologies-303

https://www.preplounge.com/en/management-consulting-cases/candidate-led-usual-style/advanced/mbb-second-round-codewave-employee-turnover-challenge-304

Best,
Cristian

Similar Questions
Consulting
How many mistakes can you make in a case and still be successful?
on Feb 22, 2023
Global
8
4.1k
Top answer by
Hagen
Coach
#1 recommended coach | >95% success rate | 8+ years consulting, 8+ years coaching and 7+ years interviewing experience
52
8 Answers
4.1k Views
+5
Consulting
case books
on Nov 19, 2023
Global
5
5.4k
Top answer by
Ian
Coach
Top US BCG / MBB Coach - 5,000 sessions |Tech, Platinion, Big 4 | 9/9 personal interviews passed | 95% candidate success
161
5 Answers
5.4k Views
+2
Consulting
When I am structuring the case, I struggled and get lost.
on Dec 31, 2023
Global
12
4.8k
Top answer by
Raj
Coach
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK
128
12 Answers
4.8k Views
+9