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. Interview. The case interview for economic consulting is similar to that for management consulting . I received an offer a few weeks later. Charles River Associates The behavioral interviews will focus on your past experiences and why you are interested in working at NERA. Economic consulting is mostly a type of paralegal work. I applied for the Finance and Securities practice. Are there anything that you hate in your previous job/company? Just MAKE SURE you network at such a small firm, a blind resume drop means nothing and an employee recommendation means everything. The deadline was tight, but I knew I could do it if I worked hard enough. Describe one of your research experiences using Excel or Stata. For example, I worked with a client who was considering opening a new location. . NERA Economic Consulting Interview Questions | Wall Street 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. If you study like you are going to interview for an MBB firm, you should do quite well but remember, the emphasis is less on strategy and more on structure and computation. Then we all went to lunch from noon-1 with 2 other employees. 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. It also tests your ability to apply what you know about the field to real-world situations. NERA Economic Consulting Research Officer Salaries in Braunton The process took 4 weeks. how do you choose which ones to do? Thanks in advance. Why not McKinsey, BCG, Bain? Free interview details posted anonymously by NERA Economic Consulting interview candidates. Please calculate: 46 + 54 = ? Applied through their website and got contacted about the first round 1-2 months later. The first round consisted of two 30 min back to back interviews with Consultant and Senior Analyst. Weve included each here with a point of commentary on each one below. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 1. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . WWL published its annual guide to spotlight expert witnesses and future leaders in resolving complex international disputes. I interviewed at NERA Economic Consulting in Nov 2011. first round on campus interview, talk about research experience. Free career advice, salary information, interview tips, referrals from employees at NERA Economic Consulting. NERA Economics Impact Report | Climate Leadership Council 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 the neighboring Hebei Read the rest. Overall the process was very fast, one screening interview, one 3 hr interview, and a final interview with MD. In North America and Asia the typical undergrad will start as aResearch Associateand, if promoted, the career path will look like this: Research Associate Associate Analyst Analyst Senior Analyst, The notable difference is that there are 4 pre-MBA steps not just 2. nera economic consulting interview - isgho-sup.com Gold mining is the resource extraction of gold by mining. Example: Microeconomics focuses on individual markets or industries. NERA Economic Consulting Research Associate Interview Questions The second round was an interview with a Managing Director. 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. A maths problem based around the concept of game theory. Its important to be honest in your answer, but try not to make it too political or controversial. Charles River Associates Interviewing with NERA Economic Consulting? The most difficult questions were to explain actual economic concepts to my interviewer. Maths and economics test, micro economics and econometrics case study interview, a case about UK electricity industry, use economics theory to explain. How would you determine econometrically if a firm is inefficient? 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. I applied online. Economic consultants solve problems ranging from estimating future liabilities to helping settle legal disputes. 205. Dont be afraid to ask clarifying questions if you do not understand something. Read more here. And when youre interviewing with a specific company, its important to do your research and be prepared to answer questions about the company itself. For example, you may be asked to calculate a certain profitability or financial metric. What are some things that motivate you to go above and beyond in your job? An Interview with NERA: Insights into Economic Consulting - The Women How is economic consulting (e.g., NERA, FTI) work different from WISU - Das Wirtschaftsstudium Consulting. NERA Economic Consulting is a subsidiary of parent company Marsh & McLennan Companies, a Fortune 500 company in the diversified financial industry who also owns a number of firms including Mercer, an HR Consulting firm, and Oliver Wyman, a top 10 Financial/Strategy Consulting firm. What are your selling points? We conducted an economic forecast to determine if there would be enough demand for their products at this location. The only information I had to go off of was what the department head told me about their current spending habits. Its also a chance to demonstrate that youve done some research about NERA Economic Consulting, so be sure to mention something specific about the company or its work. 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 Economic Consulting Interview Questions & Answers | Indeed.com Note that these groups are inclusive to employees of Marsh & McLennan: Are there more topics youre interested in hearing about in our firm profiles? Case Interview Question #01156: Your client Gold Mining USA Inc. (GMUI) is a large gold mining company based in Greenwood Village, Colorado, United States. NERA Economic Consulting benefits and perks, including insurance benefits, retirement benefits, and vacation policy. Not answering the right business question is the quickest way to fail a case interview. H&Z sucht Praktikant Business Intelligence (w/m/d) Deutsche Bundesbank sucht Bundesbank-Referendariat (m/w/d) You had experience in, how do you think NERA will benefit from these experiences? Economic consulting cases typically have some quantitative aspect to them. Analysis Group A significant amount of NERAs recruits (we estimate 80%+) come from the firms campaigns at standard target schools (see below for list of target schools). Case Type: increase sales/revenues. On Fishbowl, you can share insights and advice anonymously with NERA Economic Consulting employees and get real answers from people on the inside. While MBBs main focus is strategy, economic consulting firms like NERAs focus is on economics first and strategy second. 198. About the Company. 201. I applied through college or university. Conduct research on industry trends, market dynamics, and other topics related to client engagements. BCG Platinion The technical interviews will focus on your economic knowledge and research skills. Privacy Notice | 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. Why economic consulting? spread-sheet, case study, behavior questions. The environmental impact of gold mining Read the rest. This question can help the interviewer get a sense of your economic knowledge and how you view current events. The other 50%, however, did have case questions to solve mostly situational. I have worked on many projects where we were given tight deadlines and strict budgets, but I always managed to meet expectations while maintaining high-quality work.. why NERA? In fact, if you look at a list of top 20 consulting firms, NERA wont be on it. Then, I would practice my presentation at least twice before presenting it to ensure I am comfortable with the content and delivery. However, I am confident in my ability to work with larger datasets if needed. Steven Failla's email & phone number - Software Engineer at NERA Free interview details posted anonymously by Charles River Associates interview candidates. On top of the behavioral test, be assured they will also be looking at your past experience and skills and may even test you to determine your quantitive and analytical abilities. Number of Questions: 207. Managing Director Dr. Faten Sabry and Associate Director Dr. Ignacio Franceschelli compare how the CFTC, SEC, and the market classify crypto assets as securities or commodities. Regulatory Cases: These cases include topics such as auctions and regulatory economics. A pet shop retailer wants to open a new 400m2 shop. I interviewed at NERA Economic Consulting in Jan 2023. NERA Economic Consulting Interview Questions | Glassdoor If you are not as confident in your math skills, its important to highlight other strengths that may make up for any weaknesses. KPMG. I find it fascinating that a single change in policy can have such a large impact on the economy as a whole. Ive always been someone who likes to solve problems, so this job is a great fit for me., Common NERA Economic Consulting Interview Questions. 6. Its a hardcore reality when you put too many economists together, you dont get hipster culture you get (with some exception) a tendency toward cut-and-dry facts with a bit of social awkwardness thrown in. Have some insider perspective that youd like to share? In my case, I did not have a case and the interview was largely made up of questions regarding my past experiences and skills. NERA Economic Consulting Case Example #1: Your client is a North American construction company that is considering taking on a public-private-partnership project to build a stretch of interstate highway for the federal government. 101 Great Answers To The Toughest Interview Questions, 201 Best Questions To Ask On Your Interview, 201 Knockout Answers To Tough Interview Questions, High Impact Interview Questions: 701 Behavior Based Questions, How To Succeed At Interviews: Over 200 Interview Questions, Nail The Job Interview: 101 Dynamite Answers To Interview Questions, How To Answer The 64 Toughest Interview Questions, Fit & Behavioral Interview Skills That Win The Job. Any insight much appreciated. Integrity is paramount in the legal world; NERA is trusted as an unbiased advisor, and retains its prestige (and book of clients) based on this reputation. The phone interview featured relatively straightforward questions and none that I found too tricky. how do you recommend apportioning the gold in such a way that you get a good share of the booty, but still survive? The first round consisted of two 30 min back to back interviews with Consultant and Senior Analyst. Interview process at NERA Economic Consulting. 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. Graduating with Econ masters from Yale next May ~ roughly 2 years work experience in research & data analysis at a Big 4. 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. 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). Are you articulate in what you are saying? Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Intern Interview - NERA Economic Consulting (New York) Macroeconomics looks at the economy as a whole. 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). Two rounds of interviews with a mix of junior/senior level staff. Why should we not hire you? NERA has established quite a global presence with 26+ offices in North America, Europe, and Asia Pacific. Can you give me an example of a time when you disagreed with a team members conclusion, how did you handle it? The interviewers were very interested in the candidate's statistical skills. NERA has developed quite a reputation, but has managed to keep itself small, clearly focused and prestigious in the process. Yes. You bring your talent, energy, and dedication. The process took 3 weeks. Be the first to find this interview helpful. The questions were mostly behavioral (no case study) and on my experience doing research. Second, an interview at NERA can seem pretty laid back during the initial rounds.. You can expect anything from going to dinner with current employees to being invited to a NERA office and chilling with the guys there, so expect some fun and bring some personality into the. Example: NERA Economic Consulting has a reputation as one of the top economic consulting firms in the world, and Im excited to join such a talented team. Brown Consulting Club Twenty minute HR interview followed by hour with two current employees on economic principles and a case study split into two parts. 203. Best Economic Consulting Firms - Firsthand After all, running the same statistical regressions on 2 different industries isnt really that different at the end of the day. I interviewed at NERA Economic Consulting. Despite recent global expansion, the core offices are still located in the U.S. in the mid-Atlantic and northeast academic hotbeds. I interviewed at NERA Economic Consulting. You had some unusually varied work experience before you went to business school. Employing more than 500 professionals, including 425 economists, the .

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nera economic consulting interview