On a scale of 1-10 where 1 is Easy and 10 is Difficult, rating is 5. 3. Very focused on fit. . BCG Platinion The next step is to develop a framework to help you solve the case. I interviewed at NERA Economic Consulting in May 2021. I interviewed at NERA Economic Consulting, Online test followed by one 3h interview, which involved - 30 minutes of HR interview - 2 case studies with junior & mid level consultants - case study with managing director, I applied online. Interviewed for one hour. The firms are hip and cool, and people are valued for contributions not positions. Example: In my last role as a financial analyst for a large corporation, I was tasked with creating a budget for the companys marketing department. The interview consisted of some general questions and a brain teaser. NERAs interview process is very different to the process at the MBB firms after all, the focus is less on your ability to solve problems and more on your ability to manipulate data. NERA Economic Consulting benefits and perks, including insurance benefits, retirement benefits, and vacation policy. Social: Company Overview; All Interviews (20) All Salaries (45) All Reviews (19 . IT Operations Consulting. partner interview, Anonymous Interview Candidate in New York, NY, I applied through college or university. New York, NY. The 6 Steps to Solve Any Economic Consulting Case Interview . Bain & Company Does this vary by practice area? Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. Anonymous Interview Candidate in Washington, DC, I applied online. We seek to recruit Students with quantitative backgrounds, particularly as they align with economics and finance, as well as in related fields such as accounting, statistics, computer science, and other associated disciplines. However, NERA people the ones who stay love their work, find it interesting and challenging, and enjoy working with the high profile cases that the best economic consulting firm in the industry offers them. The interview process at NERA Economic Consulting can vary depending on the position you are applying for. Mostly behavioral questions with a few technical questions, a lot of the interviewers asked the same questions about my background and research experience. I used this information along with industry benchmarks to create a realistic budget that would allow the department to meet its goals while staying within the companys overall budget.. Free career advice, salary information, interview tips, referrals from employees at NERA Economic Consulting. 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. 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. The first round consisted of two 30 min back to back interviews with Consultant and Senior Analyst. Prepare for 40 min, presentation, and QA That being said, NERA is still a major player in the consulting industry and heres why: NERA Economic Consulting is one of the top economicconsulting firms. 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. Interview. HR asked some motivational questions, such as why applying for NERA, and why specific practice. Student. 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. They want to know if you have any experience working with clients like theirs, or if youre familiar with their companys industry. NERA Economics Impact Report | Climate Leadership Council If youre interviewing with NERA Economic Consulting, youre in luck. This question is a common one in interviews, and its important to be honest. Senior Consultants Janeen McIntosh, Svetlana Starykh, and Edward Flores outline notable securities trends for 2022 in the annual report. For example, you may be asked to calculate a certain profitability or financial metric. I interviewed at NERA Economic Consulting. We are excited to announce the promotions of Dr. Stefan Berger, Lorenz Wieshammer, and Tilling Lee to Associate Director. Went through my college, applied and got an online interview. Copyright Hacking the Case Interview 2023. Asked about previous research experience and especially quantitative experience. Graduating with Econ masters from Yale next May ~ roughly 2 years work experience in research & data analysis at a Big 4. Using this method allows economists to more accurately predict future inflation rates.. If you dont have direct experience, you can explain how your research skills helped you complete a project in the past. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . What is economic consulting? I applied online. The key to solving quantitative problems is to lay out a structure or approach upfront with the interviewer before doing any math calculations. 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. Overall experience. NERA Economic Consulting Research Officer Salaries in Braunton Overall, I think the most tricky part is actually to make your resume good enough to get noticed. Twenty minute HR interview followed by hour with two current employees on economic principles and a case study split into two parts. Interview Type: Behavioral and Fit Interviews. NERA Economic Consulting sucht Werkstudent Competition Economics (m/w/d) A.S.I. Associate Directors Dr. Bruno Soria and Adrien Cervera-Jackson analyzed the impact of subscription video-on-demand (SVOD) on European audiovisual markets. Free interview details posted anonymously by NERA Economic Consulting interview candidates. I would rate my math skills at a 9 out of 10.. However, most positions will require at least one behavioral interview and one technical interview. Well, NERA is no MBB. 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. Why NERA? Nothing was particularly difficult. Analytical problem solving: Can you read and interpret data well? 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. NERA Economic Consulting Corporate Web Specialist Salaries in Seaham Get started with your Free Employer Profile, Research Officer - Energy, Environment, Communication and Infrastructure (1), Research Associate for Antitrust Practice (1), interview process at NERA Economic Consulting, The Ultimate Job Interview Preparation Guide. In your answer, define macroeconomics and microeconomics and explain how they differ from each other. 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. I find it fascinating that a single change in policy can have such a large impact on the economy as a whole. Applied through their website and got contacted about the first round 1-2 months later. M&M companies are traditionally excellent pioneers of diversity and inclusion culture check out the below under Interviews & Recruiting. In fact, I find that math helps me solve problems more quickly than if I were just using logic alone. I applied in-person. 8 NERA Economic Consulting Analyst interview questions and 8 interview reviews. Would you like to take your boss position? A consultant asked me some technical questions on economics and econometrics, which are the most difficult ones. Learn more. NERA Economic Consulting is looking for candidates who have strong analytical skills. The other two were behavioral and with younger staff/analysts. 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. The second round was an interview with a Managing Director. 5. They asked me mostly case-based questions on healthcare industry. One of the questions dealt with a particular advertisement about certain hospitals/doctors that discouraged patients from visiting them, which turned out to be false. Why should we not hire you? Explain to me an economic concept that you find most interesting. What is one thing that you think needs to change in the field of economics? Litigation Cases: These cases include topics such as antitrust and competition, class action lawsuits, commercial litigation, intellectual property, international arbitration, labor and employment, mass torts and product liability, and securities and finance. NERA Economic Consulting Salaries in Newquay, England Example: I am most interested in economic theory, particularly supply-side economics. 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. NERA Economic Consulting understands what many people can't: economics. 206. *, You need to log in to access the rest of the page. When brainstorming a list of ideas, develop a structure to help you neatly categorize all of your ideas. 5. One first round phone interview followed by a super day. Cookies Notice | They had a set of graphs that you would typically see in a statistics course or an econometrics course, like a QQ-plot, etc. Why not McKinsey, BCG, Bain? Super day included two cases with senior managers and 3 behavior interviews with analysts/junior employees on the team. Database of NERA Economic Consulting interview questions. Why dont you tell me a bit about your career path and some of the decisions you made about what direction to take? Be the first to find this interview helpful. 2. NERA Economic Consulting NERA Economic Consulting Interview Questions | Wall Street 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. In fact, I find that breaking down a large dataset into smaller chunks makes it easier for me to analyze and understand the information.. Two were with Directors and were case studies about stock price changes. Example: One thing I think needs to change in the field of economics is the way we measure GDP. NERA is pleased to welcome Masatake Kuramoto to our Global Transfer Pricing Practice. Reported anonymously by NERA Economic Consulting employees. I got to their office at 9 and there were 2 other candidates there. Consulting Firm: NERA Economic Consulting first round full time job interview. 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. Interviewers want to know that youre aware of your weaknesses and are actively working on them. Finally, during the interview process, NERA Economic Consulting commonly administers a behavioral test to see how well you would fit on your team. NERA Economics Impact Report. 7. I was then invited to a final round at the firm, and I spoke to 5-6 individuals including a lunch. 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. The first round consisted of two 30 min back to back interviews with Consultant and Senior Analyst. NERA Economic Consulting - Firsthand The firm advises government divisions, law firms, and major global corporations on governmental regulation (like anti-trust rulings), public policy implications, public, competitive forces,and private financing. Consulting Firm: NERA Economic Consulting 1st round full time job interview. Of course, that is a very broad generalization because, as well talk about soon, NERA has 30+ practice areas ranging from bankruptcy to statistical sampling and analysis. The company has earned recognition for undertaking large, complex projects, fostering innovation, embracing emerging technologies, and making a Read the rest. Lets just quickly discuss the difference between a top management consulting firm and an economic consulting firm.
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