The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews at this company. They have a wide variety of practice areas including Antitrust and Competition, and Energy, Environment, Communications and Infrastructure. I applied in-person. Nera Economic Consulting interview questions and answers interview rounds and process 2023 GD topics test pattern shared by employees and candidates. Although NERA is concentrated on the East Coast of the U.S., NERA reviews the global economic landscape. Environmental Sustainability Consulting. Gold mining is the resource extraction of gold by mining. This interview was based mostly of behavioral and technical questions. Read more here. From Senior Analyst, in order to get promoted you will typically be sent back to school to get an MBA. Although the corporate world at large isnt quite sure what to do with ex-NERA consultants, they demonstrate a surprisingly entrepreneurial spirit taking on leadership positions in start-ups or serving as CEOs and Managing Directors of smaller companies. 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. All Rights Reserved. In this first round interview all of the questions were behavioral. Be prepared to explain your research/analysis in-depth and a number of times. Prepare for the types of questions you are likely to be asked when interviewing for a position at NERA Economic Consulting. You may be asked to brainstorm a list of potential ideas. If we were to ask your previous manager what your greatest strength was, what would they say? He would ask about specific concepts related to econometrics and economics, and there were a few concepts that I did not expect to have to explain. Explain to me an economic concept that you find most interesting. NERA is by all means a boutique consulting firm with a focus on litigation and compliance, and unlike MBB firms where ex-consultants usually move on to CEO, COO, and other leading positions in Fortune 100 companies, NERA consultants develop a much more narrow skill set more suited for internal corporate analysis, financial advisory work or legal jobs. I chose that major because I was interested in learning more about business and finance, but I also wanted to study something that would be applicable to my future career. Economic consulting case interviews primarily assess five qualities: Logical, structured thinking: Can you structure complex problems in a clear, simple way? Overall, the interview process is relatively long and can take up to two months to complete. Nothing was particularly difficult. Very focused on fit. The deadline was tight, but I knew I could do it if I worked hard enough. How Much to Bid for Rights to Broadcast 2022 Winter Olympics, Gold Mining Company to Mitigate Risk of Political Protests, Country Music Star to Perform Back-to-Back Shows. I applied through college or university. Youre the captain of a pirate ship, and your crew gets to vote on how the gold is divided up. Despite recent global expansion, the core offices are still located in the U.S. in the mid-Atlantic and northeast academic hotbeds. Before you start developing your framework, it is completely acceptable to ask the interviewer for a few minutes so that you can collect your thoughts and think about the problem. Case Type: pricing & valuation. Analyst/Senior Analyst/RAs at NERA Economic Consulting - what is your base + bonus ranges generally? The interviewer asked me to introduce myself and then asked about my research paper. NERA Economic Consulting interview details: 217 interview questions and 206 interview reviews posted anonymously by NERA Economic Consulting interview candidates. While the course is focused on preparing candidates for management or strategy consulting roles, many of the strategies and frameworks can be applied to economic consulting roles. The number you see in the middle of the doughnut pie chart is the simple average of these scores. You had some unusually varied work experience before you went to business school. The detailed ranking includes interview outcomes, length of process, interview details, and overall company . Looking for case interview practice partners? However, most positions will require at least one behavioral interview and one technical interview. Mr. Kuramoto has over 25 years of experience assisting Japanese multinationals with transfer pricing strategy, documentation, APAs, and disputes. Finally, during the interview process, NERA Economic Consulting commonly administers a behavioral test to see how well you would fit on your team. Example: Microeconomics focuses on individual markets or industries. NERA has developed quite a reputation, but has managed to keep itself small, clearly focused and prestigious in the process. Make sure to keep these qualities in mind when going into your economic consulting case interview. Well, NERA is no MBB. MBAs or other experienced hires are usually brought on as, Consultant Senior Consultant Vice President Senior Vice President. Describe one of your research experiences using Excel or Stata. This question can help the interviewer understand how you approach challenges and use your critical thinking skills to solve problems. I was a lateral hire. Example: I would first make sure I have all my materials ready, including any visuals or slides I may need. What would you say is your biggest weakness as an analyst? The second round was an interview with a Managing Director. NERA Economic Consulting requires its employees to be able to handle large amounts of data and interpret it effectively. Your client wants to estimate the market size for jeans in the U.S., how would you go about doing that? Consulting Firm: NERA Economic Consulting first round full time job interview. The second round was an interview with a Managing Director. Example: Im passionate about working with clients because I love helping them find solutions to complex problems. Free interview details posted anonymously by NERA Economic Consulting interview candidates. That being said, NERA is still a major player in the consulting industry and heres why: NERA Economic Consulting is one of the top, Lets just quickly discuss the difference between a top management consulting firm and an economic consulting firm. Hosted By: NERA Economic Consulting, Monckton Chambers and Augusta Ventures, Bankruptcy and Financial Distress Litigation, White Collar, Investigations and Enforcement, Third Annual UK Competition Litigation Conference, 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). I did an in-person first interview at the school, then a final round on-site. When you're talking to experts, know your stuff - nothing worse than being asked a question about your regression and giving an unclear, fumbling answer to someone whose job it is to do this stuff. The 6 Steps to Solve Any Economic Consulting Case Interview . 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. There may also be a written test or case study component to the interview process. This question can help the interviewer get a sense of your economic knowledge and how you view current events. Bain & Company Research Associate at NERA Economic Consulting Washington, District of Columbia, United States. Case Type: pricing & valuation. how do you choose which ones to do? The interview process at NERA Economic Consulting can vary depending on the position you are applying for. The career path of NERA is not too different to that of other major consulting firms. 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). The technical interviews will . 116 NERA Economic Consulting Research Associate interview questions and 105 interview reviews. An econometric analysis of data on the London metal exchange That means: motivation, clearly defined research question, methodology, problems and solutions, results. In fact, if you look at a list of top 20 consulting firms, NERA wont be on it. Wirtschaftsberatung sucht Trainees (m/w/d) Wirtschaftsberater Horvth sucht Consultant (w/m/d) Insurance. NERA's economists create reports, expert testimony, and policy recommendations for government authorities and the world's leading law firms and corporations. Went through my college, applied and got an online interview. Macroeconomics looks at the economy as a whole. If you lay out and present your structure to solve the quantitative problem and the interviewer approves of it, the rest of the problem is simple execution of math. 1 NERA Economic Consulting Consultant Securities interview questions and 1 interview reviews. NERA has established quite a global presence with 26+ offices in North America, Europe, and Asia Pacific. Dr. Vinita Juneja and Ivelina Velikova will attend WWCDAs Annual Attorney Meeting to participate in engaging discussions and collaborate on WWCDAs mission of advancing women in law. Does this vary by practice area? Prepare for 40 min, presentation, and QA partner interview. Can you use logic and reason to make appropriate conclusions? I love being able to use my skills to find solutions for clients who are facing challenges or need advice on how to improve their business. 200. If youre interviewing with NERA Economic Consulting, youre in luck. It was the first consulting firm dedicated to methodically applying microeconomic theory to litigation and regulatory matters. 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 . Once you have identified the major issues or areas that you need to explore, walk the interviewer through your framework. In this article, well cover: Economic consulting is a specialized type of consulting that serves governments and organizations to help solve problems and disputes in economics, business, and law. I applied from my economics department career website. In their recent article, Dr. Verena Hahn, Dr. Yves Herv, Dr. Jens Rubart, and Dr. Salem Saljanin showcase how the Shapley value concept can be utilized for multinational corporations profit allocation. When answering, it can be helpful to mention something specific about one of NERAs clients that inspires you or makes you excited to work for this company. They may ask a few questions or provide some feedback. I stayed late every night for two weeks until I completed the project.. A pet shop retailer wants to open a new 400m2 shop. A week after the phone interview, I was invited for an on-site interview. Industry Coverage: engineering, construction; government, public sector. Based on 776 salaries posted anonymously by NERA Economic Consulting Corporate Web Specialist employees in Newquay. 5 different interviewers. The HR and the case study consultants were all nice and friendly. Mostly behavioral questions with a few technical questions, a lot of the interviewers asked the same questions about my background and research experience. Est Annual Revenue: $25bn+ Website. You could also be asked to provide your opinion on a particular business issue or situation. Twenty minute HR interview followed by hour with two current employees on economic principles and a case study split into two parts. My studies helped me understand how businesses work and what factors influence them. It also allows you to demonstrate your knowledge and understanding of different areas of study within the field. Q: Tell me about yourself.