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Case interview math hub: drills, timing, and firm rules

Every CoachNed case-math guide and drill in one place: mental math, margins, sizing, NPV, charts, and the online tests that score numbers.

UpdatedReviewed by Ned

In a first-round case, the interviewer is rarely grading whether you can multiply. They are grading whether you set the equation out loud, keep units attached, and say what the number means before anyone asks. Most candidates train the opposite skill: silent speed on a phone calculator, then freeze when the firm bans electronics. After this hub you will know which CoachNed guide and drill to open for each leak, how firms actually talk about calculators, and a four-week plan that builds floor accuracy instead of peak arithmetic.

This page is the curated map of every live case-math article and drill on CoachNed. Use the tables like a gym board: pick the skill you leaked last, run the timed rep, then return to a full case.

What the sheet actually rewards

I score math as three separate marks: setup, arithmetic, and so-what. Setup is stating the identity and the units before any digits. Arithmetic is the chain with a rounding rule you announce. So-what is one sentence that answers the case question with the number you just produced. A silent correct product with no setup usually loses the same points as a loud wrong product with a clean tree — the sheet treats both as evidence you cannot run a workstream.

Ned's rule. Announce the rounding rule before the first multiply. "I will keep two significant figures until the last step, then check direction" tells me you own the error budget. Silent rounding looks like guessing.

What the firms say about calculators and accuracy

Read the invitation for your assessment. The live room and the online screen are not the same rulebook.

McKinsey's Beautify practice case states, in plain language, that calculators are not allowed and that you should write calculations on paper, talk the interviewer through each step, and take time to plan before punching numbers. The same coaching note appears on GlobaPharm and Diconsa. Separately, McKinsey's Problem Solving Test coaching guide tells candidates they cannot bring a calculator and that many items are designed so a rough estimate eliminates wrong options — accuracy under estimation beats spreadsheet precision.

BCG's case interview preparation page lists "perform quick calculations" as part of the interview job, alongside structure and communication. For the older online case practice PDF BCG published for candidates, the firm explicitly allowed a basic calculator but barred spreadsheets — a different tool policy than the interviewer-led room. Treat Casey and CCA as timed, scored math under whatever rules your invite states; do not assume the live case will hand you a device.

Bain's case interview preparation page tells candidates to think aloud and share reasoning and calculations even when unsure, to emphasize key numbers, and to bring pen and paper for in-person interviews. Bain does not advertise a calculator free-for-all in the live case. Prep as if the pen is the tool.

CoachNed is not affiliated with McKinsey, BCG, Bain, or any firm named here.

One arithmetic chain, done the way the room wants

Invented client: HarborLine Ferries, a coastal passenger ferry operator. Question: if HarborLine raises the average ticket by 8% and loses 5% of passengers, does contribution improve?

Given:

  • Current passengers: 1.2 million / year
  • Average ticket: $42
  • Variable cost per passenger: $18
  • Fixed costs ignore for this contribution check

Step 1 — identity out loud. Contribution = passengers × (ticket − variable cost). Units: dollars per year.

Step 2 — base contribution. Ticket − VC = $42 − $18 = $24. Passengers ≈ 1.2M. Round passengers to 1.2 × 10^6. Contribution ≈ 1.2 × 24 = 28.8 → $28.8M. Sanity check: 1M passengers at $24 is $24M; 0.2M more is $4.8M; total $28.8M. Direction correct.

Step 3 — new ticket and volume. New ticket = 42 × 1.08. 42 × 1.1 = 46.2; subtract 42 × 0.02 = 0.84; new ticket = $45.36. Round working ticket to $45.4. New passengers = 1.2M × 0.95 = 1.14M.

Step 4 — new unit contribution. 45.4 − 18 = $27.4. New contribution ≈ 1.14 × 27.4. Compute 1 × 27.4 = 27.4; 0.14 × 27.4 ≈ 0.14 × 27 = 3.78, plus 0.14 × 0.4 = 0.056 ≈ 3.84. Total ≈ $31.2M.

Step 5 — so-what. Contribution rises about $2.4M (roughly +8% on the base), so the price move improves contribution under these assumptions. Flag the risk: if elastic passengers are the high-margin day-trippers, the 5% volume loss may be optimistic.

That chain is what I write on the evidence log: setup, rounding announced, sanity check, recommendation tied to the number. Drill the same shape on /drills/math and /drills/quick-math.

Mental arithmetic and estimation

GuideDrill or toolTime target per rep
Mental math for cases/drills/quick-math60–90 seconds
Case math shortcuts/drills/math2–3 minutes
Case interview math practice/drills/quick-math10-rep block, 12 minutes
How case math is scoredFull case on /startOne scored mini-case
CoachNed Quick Math/drills/quick-mathFree forever, no account
Case interview cheat sheetPen + timer5-minute review before a mock

Build the floor: percentages of round numbers, multiply by 1.1 / 0.9, and order-of-magnitude checks. Speed without a sanity check is a liability.

Percentages and growth

GuideDrill or toolTime target per rep
Consulting math formulas/tools/cagr-calculator3 minutes to verify by hand first
Case interview formulas/drills/math2 minutes
Revenue growth cases/interviewFull voice case
Growth strategy cases/drills/structure then math4 minutes structure + 3 minutes math
Driver tree/drills/mathAttach % to each branch

CAGR and mix shifts are where candidates invent identities. Write volume × price × mix before you name a CAGR.

Break-even and margins

GuideDrill or toolTime target per rep
Break-even in cases/tools/breakeven-calculator3 minutes by hand, then check
Profitability framework/drills/mathIsolate one driver in 4 minutes
Unit economics/drills/mathPick the unit in 60 seconds
Customer profitability/tools/breakeven-calculatorCost-to-serve check, 5 minutes
Capital One case mathPen + paperBank-style break-even, 6 minutes

Contribution margin before break-even units. If you cannot name fixed versus variable in one breath, stop and re-read the break-even guide.

Market sizing

I stop listening when the sizing tree has no second path. Top-down and bottom-up should land within a factor of two; if they do not, you have a unit error, not a "creative" answer.

NPV and payback

GuideDrill or toolTime target per rep
NPV in case interviews/drills/mathMental NPV strip, 4 minutes
ROI and paybackPen + paperPayback years, 3 minutes
DCF for casesScratch paperFive years + terminal, 8 minutes
Cost-benefit analysis/drills/mathName the missing cash flow

Interview NPV is cash timing with a discount rate you state, not a spreadsheet model. Payback often scores higher than a fake precision NPV.

Chart and exhibit reading

GuideDrill or toolTime target per rep
Case interview exhibits/drills/charts90 seconds to insight
MIT Sloan case book/drills/chartsQuant exhibit pacing
Inductive vs deductive/drills/chartsClaim only what the chart supports

The insight is never the tallest bar. State the comparison the interviewer needs for the recommendation.

Online tests that score maths

GuideDrill or simulatorTime target per rep
McKinsey Solve/mckinsey-sea-wolfFull module under invite timing
McKinsey Red Rock/mckinsey-red-rockStudy then Game under clock
Red Rock simulator design/mckinsey-red-rockOne timed pass
BCG Casey/casey/urbanbrew-coffee-margin-case~30 minutes as invited
BCG CCA/tools/bcg-cca-simulatorFull timed numerical set
BCG CCA explained/tools/bcg-cca-simulatorMatch the invite
Bain SOVA/bain-sovaSoft timing, consistency
Bain TestGorillaCalculator only if invite allowsRead the trap questions
Numerical reasoning tests/drills/mathSHL / Aon / Sova formats
Consulting aptitude tests/drills/quick-mathGate clearance, not a grade
MBB assessment simulatorsMatch the inviteOne full dress rehearsal

Online math is often multiple choice under a hard clock. Live case math is collaborative narration. Train both; do not confuse them.

Four-week maths plan

WeekFocusDaily loadPass criterion
1Mental arithmetic + percentages15 min on /drills/quick-math; 1 identity from formulas8/10 quick-math correct without a phone
2Break-even, margins, unit economics2 hand break-evens; 1 check on /tools/breakeven-calculatorSetup spoken before digits every time
3Market sizing + charts1 sizing on /drills/market-sizing; 1 chart on /drills/chartsTwo sizing paths within 2×
4NPV / payback + assessment dress1 payback chain; 1 simulator matching your inviteTimed full pass without tool panic

If you have an interview in under two weeks, compress weeks 1–2 into four days and spend the rest on the assessment that is actually on your calendar. See also how to practice case interviews and the prep timeline.

Practice this today

Open /drills/quick-math (free forever) and run ten reps out loud with a timer. Then redo the HarborLine chain on paper without a calculator. When that is clean, sit a five-minute first case on /start or a full voice case on /interview. Everything on CoachNed is open for seven days with no card; then $120 for a recruiting season or $49 a month — see /pricing.

Practice

Math drill

Answer a real case-math prompt and get AI-scored feedback on setup, units, and the business meaning.

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Frequently asked questions

Do consulting case interviews allow calculators?

Usually not in the live interviewer-led room. McKinsey's official practice cases say calculators are not allowed and you should work on paper. Some online assessments allow a basic calculator; BCG's published online case practice PDF did. Always follow the rules in your invite.

How accurate does case math need to be?

Close enough that the recommendation does not flip if you are 10% off, and precise enough that units and order of magnitude are correct. McKinsey's PST coaching material emphasizes estimation shortcuts. A perfect product with the wrong identity still fails.

Should I memorize consulting math formulas?

Memorize a short list of identities — contribution, break-even units, CAGR shape, payback — then practice attaching them to a spoken setup. The formulas guide is the checklist; the drills are the training.

How long should market sizing take in a case?

About six to eight minutes for a clean two-path size with a sanity check. Longer is fine if the interviewer is collaborating; shorter is fine if they only want a ballpark for a later exhibit.

What is the fastest way to improve case math in two weeks?

Daily quick-math for accuracy, then break-even and sizing under a timer, then one full case every other day. Skip polishing advanced NPV until your floor arithmetic holds.

Sources