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. Steven Failla has been working as a Software Engineer for NERA Economic Consulting for 306 days. Super day included two cases with senior managers and 3 behavior interviews with analysts/junior employees on the team. MBAs or other experienced hires are usually brought on as, Consultant Senior Consultant Vice President Senior Vice President. Glassdoor users rated their interview experience at NERA Economic Consulting as 69.0% positive with a difficulty rating score of 2.96 out of 5 (where 5 is the highest level of difficulty). NERA Economic Consulting interview details: 217 interview questions and 206 interview reviews posted anonymously by NERA Economic Consulting interview candidates. 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. The behavioral interviews will focus on your past experiences and why you are interested in working at NERA. one with associate analyst, one with director, asked about what I can do if I had a case of infringement etc. The higher the number, the more difficult the interviews on average. If you hover over the various sections of the donut, you will see the % breakdown of each score given. 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. 116 NERA Economic Consulting Research Associate interview questions and 105 interview reviews. 200. The interview process at NERA Economic Consulting can vary depending on the position you are applying for. Tie this one to the prior core value NERA is focused on having the most comprehensive base of economic expertise in the industry. 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. The other ~20% come from employee referrals (18%) and application online (2%). The most difficult questions were to explain actual economic concepts to my interviewer. Bain & Company 4. A week after the phone interview, I was invited for an on-site interview. This question is a basic test of your understanding of economics. The interviewer asked me to introduce myself and then asked about my research paper. Industry Coverage: None I interviewed at NERA Economic Consulting Interview 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 received an offer a few weeks later. The key reason? After all, running the same statistical regressions on 2 different industries isnt really that different at the end of the day. Tell us about your educational background. The 6 Steps to Solve Any Economic Consulting Case Interview . Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. I got to their office at 9 and there were 2 other candidates there. Nothing unexpected. At NERA, the fit questions are of utmost importance they want to know you have integrity, smarts and skills so it would definitely be to your advantage to be well prepared. 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. NERA Economic Consulting requires its employees to be able to handle large amounts of data and interpret it effectively. Example: I think that the economy is doing well overall. nera economic consulting interview Isgho Votre ducation notre priorit How did you approach the situation? When brainstorming a list of ideas, develop a structure to help you neatly categorize all of your ideas. On a scale of 1-10 how important is math to you? While work experience at NERA can help you gain great experience and skills in microeconomics and other related fields opening many doors of possibility, we dont see many NERA alumni holding key strategic positions in Fortune 100 companies. All online. What analysis, what program skills you know. This knowledge has been helpful when applying for jobs at consulting firms.. Economic consulting is mostly a type of paralegal work. NERA Economic Consulting understands what many people can't: economics. In the February issue of Policy Quarterly, Associate Director Kevin Counsell explores a core principle underlying the Resource Management Act 1991 (RMA): effects-based resource management. The HR and the case study consultants were all nice and friendly. Brief application asking to submit cover letter/resume, followed by an interview that is mostly behavioral. A client has a budget of xx, what would you do with it? 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. In this first round interview all of the questions were behavioral. Just MAKE SURE you network at such a small firm, a blind resume drop means nothing and an employee recommendation means everything. One first round phone interview followed by a super day. Why not McKinsey, BCG, Bain? 201. 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) >. The whole process is not really intimidating but the feedback is quite slow. The behavioral interviews will focus on your past experiences and why you are interested in working at NERA. Conduct research on industry trends, market dynamics, and other topics related to client engagements. Two rounds of interviews with a mix of junior/senior level staff. The key to solving quantitative problems is to lay out a structure or approach upfront with the interviewer before doing any math calculations. NERA consultants are impeccably trained to understand the rich complexities of the competitive landscape, and as such are confident in their abilities to develop competitive products and services. Analysis Group You should be able to solve your economic cases without having to rely on outside knowledge. 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. The second round was an interview with a Managing Director. 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. While the interviewer is speaking, make sure that you are taking meticulous notes on the most important pieces of information. Example: At my previous job, I was tasked with creating a financial model for a client who needed the information as soon as possible. Your answer should show that you have an interest in learning about economics or finance, but it should also highlight any specific skills youve developed recently. They ended up reducing the cost by 15%, saving the company $150,000.. I interviewed at NERA Economic Consulting in Nov 2011. first round on campus interview, talk about research experience. 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. Opens the Fishbowl by Glassdoor site in a new window. When it comes to interviews, preparation is key. Make sure to keep these qualities in mind when going into your economic consulting case interview. The career path of NERA is not too different to that of other major consulting firms. Continue Reading Continue Reading As you can see, compared to traditional case interviews, economic consulting cases may require more specialized knowledge of economics, finance, or law. | Example: Microeconomics focuses on individual markets or industries. 204. Industry Coverage: engineering, construction; government, public sector. This helped them decide whether or not to open the new store.. Average salary for NERA Economic Consulting Corporate Web Specialist in Seaham: 56,119. The other 50%, however, did have case questions to solve mostly situational. Applied through their website and got contacted about the first round 1-2 months later. 2005-2023 Wall Street Oasis. Data Analytics Consulting. 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. Graduating with Econ masters from Yale next May ~ roughly 2 years work experience in research & data analysis at a Big 4. Regulatory Cases: These cases include topics such as auctions and regulatory economics. 2. For me it was because I used a cool dataset for my research. 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. Despite recent global expansion, the core offices are still located in the U.S. in the mid-Atlantic and northeast academic hotbeds. Half an hour of an HR interview and two case studies. 5 different interviewers. Average salary for NERA Economic Consulting Corporate Web Specialist in Newquay: 56,119. Example: I am most interested in economic theory, particularly supply-side economics. Maths and economics test, micro economics and econometrics case study interview, a case about UK electricity industry, use economics theory to explain. Preferred locations; Seattle, Cali, DC, Toronto. Congratulations to Katie Orlandi for her promotion to Director. Focus on understanding the context of the situation and the objective of the case. Consulting Firm: NERA Economic Consulting first round job interview. They would interview you and let you choose which office you want to work) The case interview for economic consulting is similar to that for management consulting . Read our findings (including that SVOD providers increase European cultural content) here: Join us in congratulating Dr. Will Taylor for his promotion to Director. Interview. 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. Use your answer to highlight some of your most important analytical skills and how they benefit your work. They usually want to see that you have relevant coursework and experience in areas like economics, stats, accounting, and finance. Prepare for the types of questions you are likely to be asked when interviewing for a position at NERA Economic Consulting. Interview process length. I interviewed at NERA Economic Consulting in Jan 2023. 6. Research Associate at NERA Economic Consulting Washington, District of Columbia, United States. Finance Cases: These cases include topics such as bankruptcy, consumer protection in financial services, financial institutions and banking, and financial risk management. Lets face it the work at NERA is less sexy than work at MBB, the people are more brainy, and the culture is less cool. Example: I learned recently that there is a new way to measure inflation called chained CPI. nera economic consulting interview gemini and scorpio parents gabi wilson net worth 2021 . The process was structured and the interviews were fairly standard: I talked about my research mostly and the interviewers told me about the firm. How this process will start depends on whether the case interview is candidate-led or interviewer-led. Bain & Company Although NERA is concentrated on the East Coast of the U.S., NERA reviews the global economic landscape. Economic consultants solve problems ranging from estimating future liabilities to helping settle legal disputes. Preferred locations; Seattle, Cali, DC, Toronto. Finally, during the interview process, NERA Economic Consulting commonly administers a behavioral test to see how well you would fit on your team. They then go in depth in asking you to explain past research you have done. Ive always been someone who likes to solve problems, so this job is a great fit for me., Common NERA Economic Consulting Interview Questions. The firm provides economic advice, analysis, expert testimony, and regulatory insight for global clients throughout North America, Latin America, Europe, and the Asia-Pacific region. Example: I would first make sure I have all my materials ready, including any visuals or slides I may need. Aktuelle Stellenanzeigen und Praktika. Director Dr. Vladimir Starkov offers tips on how businesses that rely on provisions of Puerto Rico Act 60 can prepare documents of related-party transactions to avoid IRS penalties for misstating export services income. or Want to Sign up with your social account? Contribute to the database and get 1 month free* Full online access! Interview Type: Behavioral and Fit Interviews. Interviewers want to know that youre aware of your weaknesses and are actively working on them. The technical interviews will . The second round was one day, with 5 interviews 30 minutes each. This question can help the interviewer get a sense of your personality and how you might fit in with their team. Industry Coverage: None Number of Questions: 207. They asked me mostly case-based questions on healthcare industry. The firm applies econometric and statistical analysis to provide strategy, studies, reports, expert testimony, and policy recommendations for . Do you have experience conducting research? 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. Consulting Firm: NERA Economic Consulting first round full time job interview. how do you recommend apportioning the gold in such a way that you get a good share of the booty, but still survive? Originally published December 15, 2020. 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). This firm has an amazing operation. College / University / On Campus Recruiting. The first round consisted of two 30 min back to back interviews with Consultant and Senior Analyst. Its boring. 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. (Note that because fit is very important to NERA, each office hires separately. 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. The approach to solving economic consulting cases is generally the same as traditional case interviews. 7. However, I am confident in my ability to work with larger datasets if needed. Have some insider perspective that youd like to share? A pet shop retailer wants to open a new 400m2 shop. 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. Well, NERA is no MBB. If you are not as confident in your math skills, its important to highlight other strengths that may make up for any weaknesses. Q: Talk to me about your past research. Interview Questions. 10. What is the difference between macroeconomics and microeconomics? The final round was five back-to-back interviews at their New York office. Discover Best Places to work in India. An econometric analysis of data on the London metal exchange Industry Coverage: mass media & communications; sports, leisure & recreation. Then, I would practice my presentation at least twice before presenting it to ensure I am comfortable with the content and delivery. Are there any questions you want to ask me?You need to log in to access the rest of the page. Database of NERA Economic Consulting interview questions. What would you say is your biggest weakness as an analyst? NERA Economic Consulting is looking for candidates who have strong analytical skills. In fact, if you look at a list of top 20 consulting firms, NERA wont be on it. Why dont you tell me a bit about your career path and some of the decisions you made about what direction to take? super day, on site, five one-on-one interviews. Q: Tell me about yourself. 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.. Microeconomics materials should be reviewed for the preparation. I think I was fortunate to come across really cool economists. why NERA? The first notable factor about interviews is that, unlike MBB where youll have an almost identical process around the world NERA interviews are largely up to the interviewers. AmbitionBox. NERA has developed quite a reputation, but has managed to keep itself small, clearly focused and prestigious in the process. Read more: We are excited to announce Dr. Soren Tang Sorensen has been promoted to Director.