Great content! Would be better without the background music imo

she did amazing job! well structured and clear thoughts.

she's so eloquent!

She did a great job 😊

Excellent...

I think a company that's expecting an FDA approval (and has gone through all the troubles associated with that) has already made up their mind about getting into the said market 🤷‍♂ Correct me if I'm wrong

@qazcom0

6 ай бұрын

Same thought here!

@TheDestint

28 күн бұрын

Trouble + huge investment of time , $$, and resources.

Why this guy a lil too serious tho

How much time are you actually entitled to get when thinking of a solution to a case?

@giuseppe.manzone

4 ай бұрын

You should count no more than 60-90 seconds to lay down your structure, you can gain 60 more seconds if you’re completely able to discuss with your interviewer while you’re writing it down

@counterpoint9260

2 ай бұрын

you get 120 secs if you are lookin hot

❤cool

5:01 She says she's going to estimate the Botox injections market.. I thought we are studying the migraine market

@1Piece_Luffy

11 ай бұрын

I know what you are saying. Unlike her, you, who are not familiar with the medical lexicon, should ask additional clarifying questions upfront. Migraine is essentially a severe headache. Botulinum Toxin (BoTox) is both the name of the wrinkle-removing toxin and the name of the company. So she is right that the objective of this case is to estimate the BoTox injections market geared toward resolving migraine. It may be a surprise that this toxin is indeed used to treat some severe headaches.

@ignaciovc3365

9 ай бұрын

Did not get why she analysed the Botox market if the question was entering a new market..@@1Piece_Luffy

Good but the figures are so off 😅

@LudwigVanHeinen

4 күн бұрын

Consultant companies don't care about how accurate your numbers are, they do care about your thinking processes and logic. The main reason is that finding the market shares and else is readily available by googling them whereas having a good thinking process and logic cannot be googled.

8:23 how come she assumes the company owns 30% of the market share if they have not joined the market yet?

@1Piece_Luffy

11 ай бұрын

Like my comment below, you should consider asking more clarifying questions upfront (Ex. "How are other firms treating migraine now? With other substances?"). Since Migraine is merely a disease (extreme headache), you can actually treat it with existing medicine you can find in CVS or Walgreens. Therefore, you should not assume that your client can enjoy 100% market share. She is saying that a 30% share is not too excessive because BoTox is a product line registered with a trademark by AbbVie, the 6th largest medical company in North America. Nevertheless, I think she went a tad aggressive. I would've picked 10% or 15% (at that moment, since I would've asked competitive landscape in the later bucket) since there are quite a number of giant medicine groups. But whenever the interviewer says OK, you are fine with whatever number you choose.

@jingjiezhou

11 ай бұрын

I think many of her assumptions are not that reasonable, sometimes maybe the interviewer only cares about the analyzing process but not the figures.

@ghg27689gf

2 ай бұрын

I think she assumes that the company could potentially get upto a 30% market share which is much on the higher side as the market is not growing and there are existing established competitors

Her approach is awesome, but she uses ‘awesome’ too often

Where is the Top Down Approach?

@gdsarda24

3 ай бұрын

She does talks about market size, competition, price elasticity, us population, people suffering from headaches, total no of patients, injections per patient. So isn’t that top down approach?

This is way harder than IB 💀

@LaVidaDelRoba

11 күн бұрын

I agree haha

The number of times she says awesome, it’s very hard to focus on anything else in the beginning.

Awesome😂, awesome😂, migraine market, awesome😂. Instant pass on hiring.

@roshniajm

Ай бұрын

It was so annoying

The music is so unnecessary… great otherwise :)

oh my god the interviewer is so mean

What a fuckall approach. One clarifying question and she understood everything? Wtf

Total crap… She forget a lot and made it school kid easy.. 1) Governance 2) Insurance 3) Age Groups 4) Patent on and old product, Patient renewal 5) Practice 6) Cheaper competitors 7) Phase 2 Testing All the things that matter and maybe more I forgot…

@joshuaprasad5521

Ай бұрын

I feel insurance companies should not have been overlooked