Example: I have worked with large datasets before, although I prefer working with smaller sets that are more manageable. Interviewing with NERA Economic Consulting? You could also be asked to provide your opinion on a particular business issue or situation. Example: Ive worked on several research projects throughout my career, including one where I analyzed the economic impact of a new highway construction project and another where I researched the effects of tax reform on small businesses. Along the way, youll answer a mix of quantitative and qualitative questions to help you build support for a final recommendation that youll present at the end of the case. Then, I would practice my presentation at least twice before presenting it to ensure I am comfortable with the content and delivery. Average salary for NERA Economic Consulting Corporate Web Specialist in Newquay: 56,119. The interview lasted about 30 min with one consultant. really drilled deep into stats concepts and research topics. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. nera economic consulting interview Isgho Votre ducation notre priorit NERA helps companies predict likely lawsuits and litigation, which anyone would think valuable but it doesnt make them the darling of the advisory industry, especially when analysis or research predicts bad news. Example: In my last position, I disagreed with a team members conclusion on a project we were working on for a client. If you hover over the various sections of the donut, you will see the % breakdown of each score given. Please. It felt rather informal and laid-back. Preferred locations; Seattle, Cali, DC, Toronto. I had to explain how I would have ran the regression in my program of choice. They are saying, however, that they remain on top of cutting-edge forms of economic analysis and bring a 360-degree look at any problem or issue. While MBBs main focus is strategy, economic consulting firms like NERAs focus is on economics first and strategy second. Nearly every major economic consulting firm uses case interviews in their interview process. How High Above Ground Would New Rope Sit? This question can help the interviewer understand how you approach challenges and use your critical thinking skills to solve problems. They have a wide variety of practice areas including Antitrust and Competition, and Energy, Environment, Communications and Infrastructure. I received an invitation to do a HIreVue online interview within 2 weeks of applying for a winter internship. The process took 2 weeks. Based on 1 salaries posted anonymously by NERA Economic Consulting Corporate Web Specialist employees in Newquay, England. 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. 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. Reported anonymously by NERA Economic Consulting employees. The final round was five back-to-back interviews at their New York office. Using this method allows economists to more accurately predict future inflation rates.. The second round was an interview with a Managing Director. What are your selling points? Consulting Firm: NERA Economic Consulting first round full time job interview. The environmental impact of gold mining Read the rest. I applied in-person. Difficult. So whether youre interviewing for an entry-level position or a management role, read on for some insight into the types of questions you can expect, and how to answer them. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Read more here: On 16 February at 11:00 am EST, join NERA and ISS Securities Class Action Services for a virtual discussion on securities class action trends in 2022. It also allows you to see what their previous manager thought of them, which can be an important factor in deciding whether or not to hire someone. 6. Free interview details posted anonymously by NERA Economic Consulting interview candidates. Case studies and behavioral questions (Why Nera, tell me about your research, etc). Mit Studienbeitrgen zu BWL, VWL und Wirtschaftsinformatik. The team member had calculated the cost of a new product launch for a company at $1 million, but I felt there was a way to reduce those costs by 20%. Analyst/Senior Analyst/RAs at NERA Economic Consulting - what is your base + bonus ranges generally? These can be areas of your framework that you did not have time to explore or lingering questions that you do not have great answers for. I applied from my economics department career website. This question is a basic test of your understanding of economics. Looking for case interview practice partners? Its important to be honest in your answer, but try not to make it too political or controversial. Consulting Firm: NERA Economic Consulting first round full time job interview. One of them was resume based, and others tested on how fast the candidate could respond to real-world economic problems. 9. They post available internships during the winter months on Marsh & McLennans recruiting. You bring your talent, energy, and dedication. I interviewed at NERA Economic Consulting. I applied through college or university. 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. Super day included two cases with senior managers and 3 behavior interviews with analysts/junior employees on the team. NERA Economic Consulting is looking for candidates who have strong analytical skills. The key reason? Asked about previous research experience and especially quantitative experience. Q: Tell me about yourself. The 6 Steps to Solve Any Economic Consulting Case Interview, Economic Consulting Case Interview Examples, Resources to Prepare for Economic Consulting Cases, Determining the exact extent of revenue losses caused by a competitors intellectual property theft of a clients proprietary technology, Preparing a testimony on behalf of a client to fight litigation against shareholders who are suing the company for neglecting their fiduciary responsibility to keep shareholders appraised of significant changes in business, Determining how a client should respond to expected political instability in the future. Although NERA is concentrated on the East Coast of the U.S., NERA reviews the global economic landscape. The whole process takes about a month and a half. Communication skills: Can you communicate in a clear, concise way? It was a typical Hirevue interview not much more that I can actually say to describe it but I have to meet the character minimum. Hi folks, I'm looking for an entry level referral from Analysis Group or NERA Economic Consulting. Its important to be honest, but also highlight some of your best qualities that will make you an asset to the organization. This interview was based mostly of behavioral and technical questions. This method takes into account that when prices for certain goods increase, people will substitute those goods with cheaper alternatives. Nothing too hard, but they never got back to me with a reply. 116 NERA Economic Consulting Research Associate interview questions and 105 interview reviews. Prepare for 40 min, presentation, and QA partner interview. This question is a common one in interviews, and its important to be honest. Use examples from your experience to explain the value of economic forecasting and how it helps businesses make important financial decisions. The first round consisted of two 30 min back to back interviews with Consultant and Senior Analyst. Add your data to unlock Full WSO Database. The key to answering qualitative questions is to structure your answer. A NERA Economic Consulting Research Associate typically has a wide range of responsibilities, which can include: Assist in the development of economic models and analysis for litigation, regulatory, and corporate finance matters. Average salary for NERA Economic Consulting Corporate Web Specialist in Newquay, England: [salary]. 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. Economic consultants solve problems ranging from estimating future liabilities to helping settle legal disputes. I was a lateral hire. Senior Consultant Dr. Ildiko Magyaris thesis, Firm Reorganization, Chinese Imports, and US Manufacturing Employment has been cited in a report published by the Joint Economic Committee of the US Senate. I was then invited to a final round at the firm, and I spoke to 5-6 individuals including a lunch. Find contacts: direct phone number, email address, work experience. We conducted an economic forecast to determine if there would be enough demand for their products at this location. Its monotonous. 1 NERA Economic Consulting Consultant Securities interview questions and 1 interview reviews. Its boring. Yes. Thanks in advance. It was important for me to know my resume inside and out. The whole process is not really intimidating but the feedback is quite slow. Example: I would say my biggest weakness as an analyst is not being able to see the big picture when Im focused on a project. 199. Marsh & McLennan Companies, which also now owns big brand, 2 Rounds of Edits each on 1 Resume and 1 Cover Letter, All access pass: 550+ cases, 10K+ math/structure drills, 9 video courses, 12 chatbot cases, Marsh & McLennan Companies Asia-Pacific Womens Group, Marsh LGBT (Lesbians, Gays, Bisexual and Transgender), Marsh WEBB (Womens Executive Business to Business), Women Making a Difference (Marsh and Mercer women in Pittsburgh). One first round phone interview followed by a super day. They want to know that you can perform well in a fast-paced environment, so its important to give an example of a time when you had to complete a project or task quickly. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given. Twenty minute HR interview followed by hour with two current employees on economic principles and a case study split into two parts. Kid Country, is the purveyor of an increasingly unpopular form of hybrid rap/rock/country music. The process took 2 weeks. Student. I applied online. NERA Economic Consulting Required fields are marked *, Are you a human or a robot? What analysis, what program skills you know. how do you choose which ones to do? 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 interview insights). When answering this question, try to think of something that youve been trying to improve or work on recently. Interviewed for one hour. 25 Warehouse Receiver Interview Questions and Answers, 25 Family Advocate Interview Questions and Answers, 25 Fedex Driver Interview Questions and Answers, 25 Appointment Setter Interview Questions and Answers. Analysis Group A maths problem based around the concept of game theory. ), there is a slight chance that you will be hired although they will be looking for the same experience and skills level as those who have attended top tier schools. Why not McKinsey, BCG, Bain? We were able to come up with a solution where they could hire more part-time workers to fill positions until they found someone full time.. Economic consulting covers a more specific range of consulting than management consulting, dealing mostly with government organizations and cooperations to help solve problems and disputes that fall under the umbrellas of economics, business, and law. Case Type: pricing & valuation. The number you see in the middle of the doughnut pie chart is the simple average of these scores. While the interviewer is speaking, make sure that you are taking meticulous notes on the most important pieces of information. I interviewed at NERA Economic Consulting (New York, NY). This question can help interviewers understand your knowledge of how economic forecasts are used in business decisions. A week after the phone interview, I was invited for an on-site interview. Case Type: pricing & valuation. Dr. Arturo Gonzalez Joins NERA as Associate Director >, ISS SCAS & NERA: A Look Back at 2022 and Whats Ahead in 2023 >, Schne neue Verrechnungspreiswelt: Gewinnverteilung anhand anteiliger Value CreationEin Lsungsvorschlag (Teil 1) >.