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How much finance must a BCG consultant know?

“Hello Michael, Thank you for a great website. I posted this to your forum and decided to email you too. My question relates to understanding financial statements. I have a master’s in political science from a great school but have no clue what is on financial statements. I have an offer from BCG but my question is what would happen when I join. How important is this skill as a consultant, what must I know and how do I learn it. Everyone has a different opinion here. I don’t want to get kicked out after all the work preparing to get in. Thank you in advance! Dasha” *** Hi Dasha, Thank you for the email. I will not touch on case interviews at all since that has no bearing on your performance once you join the firm. The rest of your questions are also easy to answer, but I will take care to explain them since my advice may be counter intuitive. You need to keep some facts in your mind as we discuss the answers. Fact 1: Until you make partner at BBM, you are just an apprentice who is still learning the ropes. I don’t mean to sound…

“Hello Michael, Thank you for a great website. I posted this to your forum and decided to email you too. My question relates to understanding financial statements. I have a master’s in political science from a great school but have no clue what is on financial statements. I have an offer from BCG but my question is what would happen when I join. How important is this skill as a consultant, what must I know and how do I learn it. Everyone has a different opinion here. I don’t want to get kicked out after all the work preparing to…

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