Applications for our 2020 Graduate Program are open from 1 February to 10 March 2019. We review applications and run a rolling interview process, so we encourage Graduates to apply early.
We welcome applications from experienced consultants and advanced degree candidates throughout the year.
Our interview process will introduce you to a cross-section of our team, and is typically conducted over two or three rounds. Our interviews are structured so we can evaluate your skills, experience, and suitability to the way we work, and will give you a deeper understanding of our work and culture.
Each interview will generally include some discussion about your experience and interests, your understanding of PJP and the work that we do and a problem solving component. The discussion gives us an opportunity to get to know you better, and we encourage you to use it as an opportunity to ask questions and get to know more about the people you meet and about PJP. Interviews are not just for employers – it is important that you obtain the information you need to make a decision about which organisation is the right fit for you.
The problem solving component is based on a real-world business scenario or case study. You can solve the case by working through a logical set of qualitative and quantitative steps. These problems seek to assess how you think and how you approach a problem, rather than what you know. Our case studies are designed to simulate the type of work our Consultants undertake, and the way in which we approach problem solving in our teams.
PREPARING FOR YOUR APPLICATION AND INTERVIEWS
We know that there is a daunting range of information about the best way to present your cover letter and CV in your application, prepare for your case studies, perform in your interview, and make an impression on Partners. We can not speak for other firms, but we encourage you to focus less on reciting a script or trying to tick boxes, and more on engaging with the process and communicating your thoughts in a clear way.
Your application – we really value cover letters, as they can give us an insight into your communication style and ability to distill a lot of information into a single page. We encourage you to pay attention to get the details right (spelling and grammar). Use your cover letter to highlight any aspects of your CV we should note and to help us to understand why you think you would be a good fit at Port Jackson Partners.
Your interviews – take the time to listen to the interviewers and ask questions if you need clarity: don’t rush ahead to draw up a framework or force a solution. We are trying to get a sense of how you approach the problem, and the best candidates try to talk us through what they’re thinking as they work, asking questions or offering observations along the way.
General – Graduates often ask us how they can improve their general commercial knowledge. A good starting point to build general knowledge is to read financial news (e.g. AFR, Bloomberg, The Economist) and listen to relevant podcasts on business and economics (some of our Consultants suggest Planet Money, HBR Ideacast).
Scroll down to see an example of a typical case study.
This is an example of the kind of case study you may receive in an interview with Port Jackson Partners. In this exercise, you will answer a series of questions as the case unfolds. You will then be able to view an example answer before moving on to the next question.
It is important to note that most case study questions do not have a single correct answer – in addition to testing your basic quantitative skills, your interviewer will be interested in how you arrive at your answer and how you structure your thoughts. A live case study is much more interactive than this example, and typically takes around 30 mins to complete.
- Current demand for electricity and forecast growth, including the impact of possible structural shifts such as electric vehicles, energy efficiency measures, and domestic solar panels
- Future changes to supply, including new plants planned by competitors and likely closures of old plants
- An estimate of future electricity prices, in light of probable changes to supply and demand
- Costs required to establish and operate the plant, and its relative cost competitiveness compared to existing and new competitors
- The ability to secure customer relationships, and so the ability to sell the plants output to customers
- Impact of potential industry changes on revenues and or costs. For example, the introduction of a carbon trading scheme or changes to renewable energy targets
- Electricity usage is measured in Watt hours (Wh), which equals demand (Watts) x time (hours)
- 30% of electricity usage comes from households
- Typical off peak residential demand is split evenly between hot water, cooling/heating and other uses
- At peak times (~6 hours per day), electricity demand for heating/cooling and other uses increases by 66%
- Demand for hot water is consistent throughout the day, at ~300W per household
- No-it would be better to wait for uncertainty around price to be resolved before making an investment in the project. At present, the option to invest is worth more than the value of investing today.
- Whilst the option to invest in the future has value today, it could become worthless if competitors invest before our client decides to do so. As price uncertainty is resolved, our client should continue to monitor the attractiveness of their investment case and the probability of others investing