As you may know, we are running multiple programs including The Consulting Offer, Case Interview Coaching, Consulting Coaching and Executive Coaching. We have found that many applicants tend to apply to the wrong programs when writing in. So here is a guide to help you.
We have only ever had 14 participants in TCO over 5 seasons: Felix, Sanjeev, Samantha, Rafik, Alice Qinhua Zhou, Michael Klein, Jen Nwankwo, Zach Stein & Assel. The other 5 participants you will not know since we are still to release their episodes and full names.
If you are selected, participation in TCO is completely free.
We deliberately pick participants with challenging profiles. A participant with a challenging profile has more development areas to address. When we address them, it gives subscribers a chance to learn more. All but one participant was declined at MBB before and several were declined more than once before joining TCO. One had a prior internship at an MBB firm and was declined. Challenging does not mean weaker. It just means they needed more customized help which is hard to find online.
TCO participants receive an enormous amount of support. We conduct as many case interview coaching sessions as needed, usually >30 and up to 50 in some cases, and the sessions can sometimes last 2 hours each if that what is needed to teach the participant. In return for the extensive support, participants agree to have their entire experience recorded. We take a long-term view with The Consulting Offer participants and try to set them up for success in the long-term.
So far, female participants have completely dominated The Consulting Offer in every season by always having the best performance and getting the best offers.
Case interview coaching is not TCO. In 1-on-1 case interview coaching we use the same techniques from TCO but the sessions are fixed to 12 hours of case interview coaching only and we do not publish the sessions. We use that 12 hours as needed, but always in agreement with the client. If you are relatively weaker at cases, we will focus on cases. If you are relatively weaker at fit, we will focus on fit. If you are struggling to get an interview, then we will focus on your resume and networking.
No two clients will go through the same 1-on-1 program. This program has an 80% success rate and it is competitive to join. We select very few applicants.
We are proud of this placement rate since the program tends to attract clients with more challenging profiles. We do not simply select members who are easiest to place. Very strong applicants are rejected since they do not require customized help and would benefit more from subscribing to Premium membership and following FC Insider path. We have to follow such an approach due to limited availability and the need to provide 1) customized help and 2) admit applicants whose value system is aligned with FC’s value system. And due to our premium fees, clients with a higher chance of being placed naturally generally do not apply for such customized help anyway.
All 1-on-1 coaching clients and TCO participants have always been required to and will continue to go through a screening process which allows us to assess them and allows them to ask questions. At the end of the screening process, all coaching clients received a 2 – 8 page feedback letter/contract explicitly outlining their weaknesses/strengths, the programs structure, the time allocation they will receive, our no-refund policy, what we will offer as part of the program and our admissions decision. Our letters offer direct and brutally honest feedback. We also, in a bright orange font, explain to clients that they are under no obligation to join the program should an offer be extended because we do not believe in selling anything and believe clients must be aware of their rights. Applicants who receive an admissions decision in the letter/contract must thereafter affirmatively agree to the terms via email before we will release the terms, NDA and values statement for their signature. This process, while cumbersome, guarantees an applicant is constantly affirming their agreement and offers them an opportunity to opt out of the program before they sign the documents.
We find candidates perform better in the program when they understand our approach and understand the basics. Avoiding the extensive TCO library and relying on 12 hours of 1-on-1 case interview coaching is a counterproductive case interview preparation strategy. That is why case interview coaching is now only open to FC Insiders. This guarantees applicants have had at least 6 months of exposure to build the basic skills. We can then use the case interview coaching time to fix the development areas that require more attention versus spending time on teaching the simple things.
Often times 1-on-1 case interview coaching applicants/clients want to have the same number of sessions as Felix, run coaching sessions to 90 minutes or ask for email support, which we explicitly do not offer. Felix, Jen, Alice etc. were in TCO. That is why they received so much more support. Case interview coaching clients are in a different program with different features. Moreover, they can easily access all the TCO content online if they need more help.
If you believe you need more than 12 hours of help, then case interview coaching may not be best for you. If you believe you need that intense support in TCO where we spend 30+ sessions sometimes going to 2 hours each, then case coaching is not for you. The Consulting Offer may be a better option to either participate in or subscribe to watch. That said, 12 hours is sufficient time to teach you provided you are also 1) diligently working through at least the full TCO online program and 2) practicing.
You do not need to be in TCO to benefit from it. You can subscribe to work through all the videos, solution videos and expert commentary. It contains far more training than we could ever cover in 12 hours of case interview coaching. Given the effort we make in screening applicants and preparing feedback letters we want to make sure only the most motivated apply and are admitted.
This is where we help consultants who have joined a firm but need help to progress faster than the average consultant. We, however, find that many applicants apply too late for this program. If you apply to this program after the firm signals you have a performance problem then it is too late. There is not enough time to fix the problem.
Think of it this way. If you struggled to be a star performer when your confidence was higher and your colleagues assumed you could be a great performer, how would you be
able to manage a performance turnaround once your confidence is lowered, after you receive the negative feedback, and you have a poor reputation on studies?
It is better to get ahead of the problem and join this program before you have a problem. Too many clients forget how competitive the firms are. If you need help for case interviews when you were competing against weak, average and good applicants than you likely need help when you join the firm and only competing against the good applicants who received offers. Yet, asking for the help after your performance drops is too late.
In this situation, it is best not to apply to our one-on-one coaching programs but determine a graceful exit. We are being honest about this because we want you to succeed and not waste time and money. On the other hand, you may want to subscribe to all the programs were we teach about studies but do so before your performance begins to drop. And, if you do, start with the M&A Merger Study. Generally, access to Premium membership and FC Insider content + platforms (StrategyTraining.com and Strategy Training apps), provided you do the work required, is more than enough and coaching is not required.
To understand this program, just watch this Show. When we started FC ~8 years ago, case interview coaching clients were the majority of our clients. However, as those very same clients joined consulting firms we took on more consultant coaching work and as they joined industry, we kept on mentoring them. As some of them launch businesses like Richard and Tatiana we keep on mentoring them. That is why executive coaching is now the main part of our work. We just grew with our clients.
Given that we admit executive coaching clients from previous case interview coaching and consultant coaching alums, we do not have a formal application process. Applicants understand the way we work, though a new contract and further documentation are required.
That said, coaching may not be best for you. That is why we record everything so you can subscribe to the programs. We hope this guide helps you a little.
If you have any ideas or questions, please post below.