Prepare for the types of questions you are likely to be asked when interviewing for a position at NERA Economic Consulting. Sometimes I get so caught up in the details that I forget why Im doing what Im doing. In other places such as Cornerstone. The individual interviews depend on who is on the team that's looking to hire you, so I wouldn't say there's such a thing as a "NERA" interview experience. Case Interview Question #01003: The client Turner Construction Company is a North America-based, international construction services company and is a leading builder in highway. Talked with two analysts and 3 senior-level employees. This helped them decide whether or not to open the new store.. Industry Coverage: engineering, construction; government, public sector. Wirtschaftsberatung sucht Trainees (m/w/d) Wirtschaftsberater Horvth sucht Consultant (w/m/d) Insurance. Anonymous Interview Candidate in Washington, DC, I applied online. I interviewed at NERA Economic Consulting (London, England) in Mar 2017, Maths and economics test, micro economics and econometrics *, You need to log in to access the rest of the page. A current research associate interviewed me and asked basic questions regarding previous research projects and analytical skills such as if I know any programming skills, R, Python, or STAT. Here are a number of groups you could participate in while working at NERA Economic Consulting. While the interviewer is speaking, make sure that you are taking meticulous notes on the most important pieces of information. Discover Best Places to work in India. Behavioral questions such as what is your favorite course? Would you like to take your boss position? I interviewed at NERA Economic Consulting.
NERA Economic Consulting | LinkedIn Register today: Dr. Dan Werner and Huy Dang discuss the theory and practice of citation analysis and how it can be relevant to the work of damages experts and valuation analysts in a litigation context. Can you give me an example of a time when you disagreed with a team members conclusion, how did you handle it? In fact, I find that math helps me solve problems more quickly than if I were just using logic alone. You had experience in, how do you think NERA will benefit from these experiences? Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset. If you are considering alternative resources to use, below are the two books we recommend. Brush up on GRE and GMAT math questions, and make sure you remember key economics principles and statistical equations. Case Interview Question #01371: The 2022 Winter Olympic Games is an international winter multi-sport event that is scheduled to take place from February 4, 2022 to February 20, 2022, in Beijing and towns in . I applied online. A case on what is the size of the domestic market for cell phones. The other ~20% come from employee referrals (18%) and application online (2%). NERA has one president, currently Dr. Lawrence Wu, one chairman, currently Dr. Andrew Carron, and ~40 senior vice presidents/directors, ~40 vice presidents/associate directors, and ~50 senior consultants/principals. Interview Type: Behavioral and Fit Interviews. This question can help the interviewer get a sense of your economic knowledge and how you view current events.
Iris Li - Research Associate - NERA Economic Consulting - LinkedIn Weve included each here with a point of commentary on each one below.
This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The interviewers were very interested in the candidate's statistical skills. This question is a great way to learn more about the candidates personality and how they interact with others. The interview process at NERA Economic Consulting can vary depending on the position you are applying for. AmbitionBox. We conducted an economic forecast to determine if there would be enough demand for their products at this location.
NERA Economic Consulting Internship Interview Questions 206. This question can help the interviewer get a sense of your personality and how you might fit in with their team. Health Sciences Consulting. The case studies were the most difficult questions asked. NERA has a large number of practice areas that the firm divides up into 5 categories: As you can see, the firm covers a much broader spectrum of practice areas than many of the core strategy consulting firms we profile. Do your recommendations make sense from a feasibility perspective? Any insight much appreciated. Finally, I would arrive early to the meeting room where the presentation is taking place so I can set up my equipment and get settled.. The process took 2 weeks. For example, you may be asked to calculate a certain profitability or financial metric. The interview last from 9:30 to noon. The most important part of this step is to verify the objective of the case.
Intern Interview - NERA Economic Consulting (New York) Environmental Sustainability Consulting. Social: Company Overview; All Interviews (20) All Salaries (45) All Reviews (19 . If a NERA consultant isnt thinking about leaving consulting, but wants a different focus, there are also opportunities for consultants to transition inside the Marsh & McLennan organization to management consulting at. Describe a time where you were given a task with limited information. It also tests your ability to apply what you know about the field to real-world situations. Your economic consulting case interview will begin with the interviewer giving you the case background information.
NERA Economic Consulting - Firsthand By 1971, 10 years after its founding, NERA had more than 60 staff and in 1974 the company opened their first West Coast office in LA. You could also be asked to provide your opinion on a particular business issue or situation. However, one that tripped me up was describing how I delegate tasks in a leadership position.
NERA Economic Consulting Interview Questions | Glassdoor The first interview was a mix of behavioral and a simple case about stock price in a merger. That means being smart about grabbing it from inside its own ranks, not just outside. If we were to ask your previous manager what your greatest strength was, what would they say? The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). A week after I applied online, I received an invitation for a phone interview. . Not answering the right business question is the quickest way to fail a case interview. Tell us about your educational background. Youll be placed in a hypothetical business situation and will have 20- to 30-minutes to work with the interviewer to come up with an answer to a broad business problem that relates to economics or law. I interviewed at NERA Economic Consulting in Jan 2023. The interview consisted of some general questions and a brain teaser. Economic consultants provide a third-party perspective on issues such as antitrust concerns (standard and M&A related), anti-competitive action, etc. I applied online.
NERA Economic Consulting Analyst Interview Questions Overall experience. Opens the Fishbowl by Glassdoor site in a new window. Register here: Join Dr. Andrew Stivers on 8 Feb for a webinar exploring how the FTC undertakes the cost-benefit analysis for proposed rules and learn practical tips for drafting rulemaking comments. If the case interview is a candidate-led case, youll be expected to propose what area of your framework to start investigating. Copyright Hacking the Case Interview 2023. Add your data to unlock Full WSO Database. The firm initially consisted of 17 employees and the 2 founders. - Organized interview materials for a consulting project The number you see in the middle of the doughnut pie chart is the simple average of these scores. Read our findings (including that SVOD providers increase European cultural content) here: Join us in congratulating Dr. Will Taylor for his promotion to Director. The first interview was a 30 min one-on-one interview with one of their analyst. A framework is a tool that helps you structure and break down complex problems into smaller, more manageable components. Economic consulting cases typically have some quantitative aspect to them. Find a Great First Job to Jumpstart Your Career, Stand Out From the Crowd With the Perfect Cover Letter, How to Prepare for Your Interview and Land the Job. The technical interviews will . Your client wants to estimate the market size for jeans in the U.S., how would you go about doing that? Then, I would practice my presentation at least twice before presenting it to ensure I am comfortable with the content and delivery. Note that these groups are inclusive to employees of Marsh & McLennan: Are there more topics youre interested in hearing about in our firm profiles? If you hover over the various sections of the doughnut, you will see the % breakdown of each score given. Just MAKE SURE you network at such a small firm, a blind resume drop means nothing and an employee recommendation means everything. What is something that you learned recently about economics or finance? Free interview details posted anonymously by NERA Economic Consulting interview candidates. They might know your approach was right, but they want to make sure you can explain why (kind of like a stress test). How would you analyze allegations of discriminatory lending practices?
NERA Economic Consulting case interview questions & answers However, if you have many years of work experience and are interviewing for a more senior role, theres more of an expectation that you have expertise in some of these topics. The second interview was superday style with 4 back to back interviews. Personality and cultural fit: Are you coachable and easy to work with? The interview process was through my school. One first round phone interview followed by a super day. Youre the captain of a pirate ship, and your crew gets to vote on how the gold is divided up. Economic consultants typically have expertise in a specific area of economics, such as microeconomics or econometrics, and use this knowledge to advise clients on issues such as pricing, regulation, and . They would interview you and let you choose which office you want to work)
Use examples from your experience to explain the value of economic forecasting and how it helps businesses make important financial decisions. Online interview was purely behavioral, I talked about my data experience, favorite econ class, etc. An early boom in the market for awful music allowed him to amass a substantial war chest and offer products (all music Read the rest, Case Type: math problem, brain teaser. McKinsey & Company I had 6 back to back 30-minute behavioral interviews with folks from the Antitrust & Competition and IP practices, probably explained my data project 4-5 times. When giving your opinion on a business issue or situation, provide a summary of your stance or position and then enumerate the reasons that support it. Why this particular position? Conduct research on industry trends, market dynamics, and other topics related to client engagements. super day, on site, five one-on-one interviews. I interviewed at NERA Economic Consulting in May 2021. Be transparent, show genuine interest in the interviewer, be uniquely yourself (but not weird), and most importantly, dont let the laid back atmosphere be an excuse to let your guard down too much. NERA Economic Consulting understands what many people can't: economics. I interviewed at NERA Economic Consulting (London, England) in Mar 2017. Use examples from previous work or school experiences where you had to research information, analyze data or make decisions with limited resources. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, Anonymous interview candidate in New York City, Anonymous interview candidate in New York, Anonymous interview candidate in Washington DC, Anonymous interview candidate in Providence, 101 Investment Banking Interview Questions, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat April 1st - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats. The other two were behavioral and with younger staff/analysts. Tell me about yourself.
The process was structured and the interviews were fairly standard: I talked about my research mostly and the interviewers told me about the firm. NERA Economic Consulting is a leading economic consultancy with more than 25 offices around the world. To combat this, Ive started taking short breaks throughout the day to reflect on the bigger picture.. Brief application asking to submit cover letter/resume, followed by an interview that is mostly behavioral. Simply put, as a company gets more insights, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire data set.