First you have to complete an online numerical test issued by Saville Consulting. If you pass this test you get invited to a 4-5 hr assessment day. This involves a numerical test without calculator (hard), a verbal reasoning test (you do not have enough time), and then a group exercise. By the time I interview, they still used the lottery case. But there's not much you can do to prepare for this, researching government lotteries would not be beneficial. After the group exercise you have to complete a writing test. The people are nice and friendly, but the day is structured like an exam day. You have an informal lunch with graduates hired last year to ask some questions.
Interview questions [1]
Question 1
The exams were hard and you are rather tired by the end to do the writing test well.
I applied online. The process took 2 weeks. I interviewed at FTI Consulting in Oct 2011
Interview
First round was with a group of 7 people. We were first given a brief introduction to the firm then a set of test s on numerical reasoning, verbal reasoning and writing skills. After that, we were split into groups to work on a case study and a presentation. They got back to me within a day with an invite for the second round. Second round consisted of a case study in excel and two 1-on-1 interviews. The interviews were both technical-based and competency-based.
Interview questions [1]
Question 1
How would an increase in the minimum wage affect the economy?
I applied online. The process took 2 weeks. I interviewed at FTI Consulting (London, England) in Sept 2011
Interview
First round interview was with a group of 7 other interviewees. First we had a group discussion/case study. I think at this stage they are looking to see if you can work in a group. Then was a numerical/logical reasoning test and then a verbal reasoning test. These are pretty tough and time pressured but if you enjoy problem solving then you should be fine. The second round interview consisted of a written case study. Mine had to do with valuation. It is quite quantitative. Then I had a 1:1 interview with a senior consultant. It was pretty competency based. The final interview was with another senior consultant. This last interview was pretty tough and contained two mini case studies. Interviews probably depend on what expertise your interviewer might have. There were also a lot of questions about past education/work experiences. Know your cv well and know exactly what the company does and what your position will be. Understand the notion of PDV. Since their acquisition of LECG they still have to sort out their interview process as they've incorporated aspects of each firms' interview process.
Interview questions [1]
Question 1
How would you decide the level of a congestion charge?