Best Practices for Market Sizing for Case Interviews: Part 3

Posted by Ryan Ripp on 3/26/18 6:50 PM

So far in our series of Casing 101 blogs, we have reviewed structuring the problem via an initial framework and navigating case math. In this edition, we will cover another problem-solving exercise that is common in case interviews: market sizing. At first, market sizing may seem daunting – how can we possibly estimate the number of televisions sold annually in Boston, for example? But once you learn the technique and get comfortable making certain assumptions, you will find that it’s actually an area where well-prepared candidates can differentiate themselves.

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Tags: business

An Introduction to Choice Theory: are Humans Really “Rational Actors?"

Posted by Jonathan W on 3/23/18 4:07 PM

If you are a student of economics, one of the first axioms you are instructed to adapt is that everyone should be considered a “rational actor.” What this means is that all people who take part in economic decisions and transactions are informed by self-interest and do so in a manner that maximizes their potential self-benefit.  This is essential to understanding choice theory.

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Tags: economics

A Guide to the Best Step 1 Study Resources

Posted by Isaac W on 3/21/18 6:09 PM

Studying for Step 1 can easily become all-consuming.  A seductive pitfall is to see every moment not spent studying as time wasted.  The purpose of this post, however, is to hopefully convince you that the opposite is, in fact, true.  Time spent away from overt Step 1 studying actually enhances one’s ability to efficiently prepare for this important part of our medical licensing exams.  The key—admittedly easier said than done—is effective planning.  So here are a few tips about resources and scheduling.

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How to Become a GMAT Natural

Posted by Joe S. on 3/19/18 5:53 PM

I've heard it all before.  GMAT test takers tell a variety of lies to themselves:

“I’m just a bad test taker.”

“You’re either good at these tests, or you’re not.”

False and false.

“Easy for you to say! My roommate barely did any practice tests and she got a 750!”

You guessed it, false. None of us came into this world knowing critical reasoning and sentence structure.

While intelligence plays a part, a winning psychology separates the “natural” from the “also-ran,” and the best way to develop a winning psychology is to actually win.

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How to Practice Reading for the SAT and ACT

Posted by Colleen on 3/14/18 6:15 PM

Many students either don’t get the scores that they are hoping for on the reading section or feel like they aren’t reading accurately enough or quickly enough. But how do you improve your reading? Let’s go through some strategies that can help you improve your reading speed and accuracy.

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Tags: SAT

An Overview of the Dental Admissions Test (DAT)

Posted by Aida on 3/12/18 11:07 PM

Now that you have taken most of the prerequisite courses for dental school, it is important to start thinking about taking the Dental Admissions Test (DAT). In this blog, I will be giving you some objective, important details about the test and also my own personal experience taking the DAT.

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How to Face Rejection: Reframing Failure to Help You Succeed

Posted by Alexa on 3/9/18 6:06 PM

Rejection hurts. In fact, experiences of rejection and physical pain provoke a similar physiological response. Some studies even suggest that acetaminophen eases the pain of rejection, just like physical pain. So, if not getting into your top school felt like a punch in the gut, now you know why. 

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Four Best Practices for Performing Case Interview Math: Part 2

Posted by Ryan Ripp on 3/7/18 6:09 PM

When we last left off in this series of Casing 101 blogs, we had structured a detailed framework that broke the problem into its unit-level variables and presented it to the interviewer (see link here). But this is just the beginning. From here the interview will move into a series of problem solving exercises including math problems, interpretation of complicated charts and exhibits, and brainstorming exercises. 

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Five Dos and Don'ts of LSAT Test Day

Posted by Caitlin on 3/5/18 5:11 PM

So LSAT test day is finally here. You’ve studied hard, you’ve taken practice tests, and now you are at the mercy of the test itself. Here are some Do’s and Don’ts (several of which I made myself!) to consider for test day:

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Tags: LSAT

Four ways for athletes to substantiate their candidacy in their medical school applications

Posted by Logan on 3/2/18 1:45 PM

Whether you are a high school senior trying to decide whether to play sports in college, or a collegiate athlete beginning to fill out your medical school application, this post is for you. 

When it comes down to it, admissions committees make their selections based off traits that they recognize tend to help students thrive through school and beyond. From the perspective of a four-year collegiate athlete, there are four big ways in which your athletic career will simultaneously help you get into and thrive in medical school, and four ways to apply them to your application. Read More

Tags: MD/PhD admissions