Economic consulting case interview reddit. Got the first screening interview, was great.
Economic consulting case interview reddit Advice for Case Interview for Undergrad Summer Intern at Bain & Co Hello Everyone, I'm an undergraduate rising junior at a non-target school (but one that some ppl consider a "public ivy"). Teamwork is an important part of consulting work, so get ready for it now. Keep Your Management Consulting Case Skills. Based on the Case Rating by Case Master that brings published cases to a relevant and objective common denominator, the top 5 most common case types are as follows: Profit-and-Loss , in which the client company prompts consultants to help it improve its profits. Do you have any materials, like case study examples, for preparation? Also, any suggestions and recommendations from your side on how to handle the case interview? The phone interview went pretty well and it turns out I made final rounds at their office. So my question to you is, does anyone know of any good Hey r/consulting, if anyone has case interviews coming up, you might find this infographic useful. Would be happy to answer any questions. Commercial content is not welcome. Case Interview Framework Strategies. So my question to you is, does anyone know of any good First case interview for one of the big firms today - and only one in the pipeline. Cornerstone is a terrific firm within the economic consulting space, but I'm not sure it could even compete for a management consulting project. Some of the most prominent firms in the industry are Analysis Group, Bates White, Brattle Group, Charles River Associates, Compass Lexecon, Cornerstone Research, Economists Inc. Once I established this Framework, or any framework, I'd double click into each and walk through the key takeaways of each Apr 30, 2025 · The company is known for its expertise in areas such as corporate finance, economic consulting, forensic and litigation consulting, strategic communications, and technology. One example of this is writing out a framework. I had about three case partners I ran cases with for a couple months leading up to my interviews and that was a big help. See full list on managementconsulted. Berkeley case book (2006) Columbia case book Apr 30, 2025 · Economic consulting requires the ability to analyze and interpret data in order to make recommendations or predictions. Rule 1. Dec 10, 2023 · Not all economic consulting firms give case interviews — you can ask HR when scheduling the interview. The case study went good, however tanked an interview on a separate round hence didn't get the offer. I’ve narrowed it down to two options: a tech consulting role at a big 4 firm or a tech leadership development program at a large healthcare company. Proving that you can do the work to some extent is quite another. The WSO Consulting Interview Prep Course has everything you’ll ever need to land the most coveted jobs. After all the pleasantries, i'm given the study, full side of A4 including 3 years accounts. location and consulting firm) can pose significant challenges •Industry (prior to economic downturn) was expected to grow at 8. Now the next one is a business case interview of 1h with a consultant. I wouldn’t ask for more than the 3 weeks; it wouldn’t look great, and a key skill in consulting is rapid prep/onboarding. It's a way to see how you approach a problem, how structured your reasoning is etc. Hello everyone! I would greatly appreciate any advice on two offers that I received. I'm still processing what happened and trying to work out whether I'm shit and how to regain my confidence. So the case interview is actually an audition for the role. But again, econ consulting still places fine if that's what you really want to do. I'm asked to identify the problems and consider solutions. 2. Been working as an actuarial analyst for a year, pretty good computer skills w/ Excel, A tl;dr - ChatGPT gave me a practice case study Background: Don't have an interview yet, but applying in the next month & hoping for one. I spent two years working in econ consulting full time before transitioning into a research role at a university (am aiming for PhDs). Some other paid resources are Rocket Blocks and the book Case In Point. General sense is your first year out of undergrad, total comp is around $100K. Interview goes perfectly. As another commenter noted, HS seems to take virtually nobody from Econ consulting, but strangely Kellogg doesn’t seem to have many either. Econ consulting doesn’t bind itself to a lot of the “rituals” often used in management consulting, but those “rituals” can be incredibly useful. I was once sitting through an interview at my old firm (big 4). Anyone have any experience with the case study part and what excel functions I should brush up on (vlookup, pivot tables, index match, etc. No matter the case, you're talking about some pretty standard questions you're going to get in any interview. Feb 25, 2025 · The process took about 3-4 weeks. Third in econ consulting representation was probably Columbia when we are talking about all top econ consulting firms (I am guessing due to class size). Candidate-led case example with feedback (by IGotAnOffer) 14. Hi all, I’m a senior in undergrad studying an IT related field and am getting ready to make offer decisions. I am 2. Thanks for your input! Jul 24, 2013 · Economic Consulting Case Interview - What Economic/Financial Concepts Do I Need To Know? Need Help Preparing for Consulting Case Interviews? Land at an elite consulting firm with the most comprehensive case interview prep in the world. 5 years in management consulting (big 4) and have since moved to economic consulting at one of the larger firms (NERA, Analysis Group, Cornerstone Research). Interviewing at Visa Consulting & Analytics for a Client Consulting Manager role and I have the case study/excel skill part coming up. Economic consulting is a fairly competitive industry. January- Interviews in the first 2-3 weeks of the month, some firms have multiple rounds, offers typically happen day of or within 24 hours, although this year there were explicit "waitlists" (I was told by a recruiter I was on one). Ouvrir le menu Ouvrir l’onglet de navigation Retour à l’accueil de Reddit. 5 hours of story telling!). Before the final round (with the senior/managing directors), there was a case interview. , FTI Consulting, LECG, National Economic Research Associates (NERA), and Navigant Consulting. Find Partners to Practice Case Interviews with. (Teams meeting since I'm not in able to come in person!) *Resources in Pinned Posts* - Prep for McKinsey, BCG, Bain interviews and win job offers from top management & strategy consulting firms Resources: McKinsey Problem Solving Games, BCG Casey Chatbot, BCG Pymetrics Test, Bain Aptitude test, McKinsey Case Interview, BCG Case Interview, Bain Case Interview, Personal Interview, Resume & Cover Letter Templates. I was still a very new analyst but my manager asked me to attend the interview and fill in a scorecard. . Currently preparing for case-interviews, as that is (by far) my biggest weakness in the interview process. Hey Chrise92. There are four case interview framework strategies you should have in your toolkit: Strategy #1: Creating Frameworks from Scratch Because the deliverable for the case interview is slides. Passing a Q&A in front of people is one thing. As I mentioned in my previous post about economic consulting firms, there are very few economic consulting firms compared to general business consulting firms. Offer 1: Business Technology Solutions Analyst at Deloitte in their Government and Public Services (GPS) practice. If you have a very strong episodic memory, then I imagine you can probably walk into such an interview cold. I applied to Bain for a summer internship and I got an invite for a case interview for first rounds. They pulled out actual economic formulas and mathematical equations and they were like, okay solve it and I was basically like, uh, I’m not sure? Very humbling and realized the place just wasn’t for me. If anyone has any info about working for the company, please let me… Apr 1, 2024 · Interviews are Highly Competitive. Not sure about the comparison because I never worked at MBB. What you'll be asked: Not a Trojan (my daughter is, though), but I’ve been through my fair share of case study exercises in my career. Coming from industry & my background is not in business, so I have no experience with these. 'Learning about consulting' / 'how to get into consulting' posts and 'starting in consulting' posts should go into the stickied megathreads. basic questions about consulting and consulting firms how to break into consulting or questions about the recruitment process seeking information, opinions, or comparisons regarding firms resume or cover letter or document reviews networking advice fit or case interview advice comparing offers I have worked for two of the 10 or so major economic consulting firms. Any thoughts on where to begin in terms of preparation or finding good examples to review would be great Had this happen to me with a case interview for a smaller consulting company. If you get promoted in your first cycle (possible after 1 year), you can make Senior Consultant and probably pull 120-130K, and then Associate, which is the post-MBA level and competitive with all other firms. Degree of preparation in advance specifically for a behavioral interview. Here's how most interviews go: everyone messes up on some portion, especially the public math part. That doesn't make it "less prestigious" than a Big 4. It was a lot of fun. Welcome to r/EconomicConsulting **. So these positions are highly competitive, and most have very low acceptance rates. Which is perfectly reasonable for a company to do. Capital One case interview examples. December- Invites come out mid-month, casing with firm case-buddies, interview prep. I an currently considering a career switch to consultancy and had some questions, you seem like a good person to ask. I have read a lot about the long hours, the nature of the work etc. My path to economic consulting started with a summer internship, which converted into a full-time entry level position upon graduating college. Wharton takes some but only from certain firms it Not behavioral but a case interview: You're starting a lemonade stand. econ consulting places fine. 9 GPA, math major, econ minor. So how do you develop a case framework? The next section will reveal four robust strategies for creating unique and tailored consulting frameworks for any case interview. Feb 28, 2025 · (2025) #1 consulting firm in Vault rankings of best consulting firms and Top 8 overall in Vault "Consulting 50" list of best places to work (2025) Top-ranked economic consulting firm for data analytics internships and compensation and benefits and ranked in the top 10 across all industries in both categories – Vault Behavioral interviews really select for one of three things: Strength of episodic memory. r/jobs A chip A close button A chip A close button Mar 19, 2022 · Economic consulting is the more analytical but lesser-known sibling of management and strategy consulting. Hi All! I was just offered a first-round phone interview at a major Economic Consulting firm. Case interview example video walkthrough (Capital One website) Capital One case interview guide (by IGotAnOffer) 12. Posts should be relevant to consulting or to consultants. Apr 3, 2021 · Does anyone have a framework for approaching Economic Consulting Case studies specifically ? It is my understanding they are very different from Management Consulting case studies (for which there are lots of resources). I was way into econ consulting when I was in ug. 3 weeks should be enough to prep and practice case interviews, and an additional month won’t be enough to learn the entire universe of “business” to make you feel comfortable. There was a phone call interview followed by a one-on-one interview with someone from senior leadership. It'll be held next Tuesday the 11th, and will be 15 mins behavioral and 45 mins case. Greetings, big4 folks! I will have a case interview in a week for the position of business analyst with a consulting firm. 5 years into my career working revenue operations for a large tech startup with strong analytic, process improvement, and digital transformation experience. Darden and Notre Dame are two big ones. Anyone know much about economics consulting? Compass Lexecon, NERA, Cornerstone, etc? I graduated in 2013, top 50 school (unfortunately not top 25), >3. I'm definitely doing that when I start interviewing candidates. For this interview (which may or may not be for PwC), make sure you take good notes on the case. Some common advice I heard was that it takes 20-30 practice cases to feel totally comfortable with it in interviews. All Reddit rules apply. As a leading consulting firm, FTI Consulting attracts top talent and has a rigorous interview process to identify the best candidates. Rule 2. Case Studies & Economic Issues 1. Hey, thanks for replying anyway. I am super nervous and Bain is one of my top choices. EY Parthenon case interview examples. 15 votes, 47 comments. Nobody gets it perfectly in their interviews, especially for successful candidates. First case interview for one of the big firms today - and only one in the pipeline. ). For instance, Bain generally only gives cases for the first round, leaving Fit for the second round. By contrast, McKinsey is known for employing its infamous 30-minute "Personal Experience Interview" in every individual interview that you have (a total of 2. Go. The industry comprises global players like Analysis Group, Cornerstone Research, and Charles River Associates that help hundreds of clients each year with complex economic problems that often require a lot of expert-level testimony and data analysis. com Jul 23, 2023 · 12. Hi, I'm an economic consulting analyst looking for advice from former analysts at big econ consulting firms (NERA, Analysis Group, Brattle, BRG, Compass Lexecon) who went on to business school. The key here is that you will be asked only half the question. I was plenty prepared for economics based questions, just not with Law based questions, or a combination of the two. Developing economic models and simulations is a key skill required for this role, and this question will help the interviewer determine if you have the necessary experience and understanding. This space provides a perfect It's for a first job (junior Data Scientist) at a consulting firm that's big enough (around 3000 consultants in several countries). Does anybody work in/know anybody that works in the economic consulting industry that can give me some insight into what I may be asked? Will there be a formal case study? We would like to show you a description here but the site won’t allow us. The ability to make shit up spur of the moment and a willingness to lie. and some say consulting is draining / soul destroying etc. com, I found that all economic consulting firms give a few case studies during their interview (yes, I am just in the preliminary stages). The guy checks everything: skills, knowledge, experience, all of it. Also, I’m sure you’re aware that case study interviews are less about nailing the right answer and 3. After looking at interview summaries on glassdoor. Make sure you understand the general business environment that the company is operating in (competitors, risks, potential strategy moving forward, international expansion opportunities etc. Got the first screening interview, was great. Hell some people flat out come to the wrong recommendations with the wrong figures and still get offers, so yea I'm going to double down and say this is wrong. My fiancee is currently prepping for interviews, and I'm a graphic designer so I created it to help him study. 8% in 2009 •Most firms have a global presence and offer international project opportunities Interview Process •Case interview –involves solving a business case; candidate expected to drive towards a Thinking about pursuing a career in economic consulting? Make sure you consider the pros and cons!(These mostly apply to entry-level positions in economic co On point 4, I'm not sure I would compare economics consulting firms to other management/strategy firms. Ended up going typical management consulting and I'm very glad I did - econ consulting is just too niche, with a narrow set of clients/cases. That was the prompt. Format of Case Interviews: Case Description: Interviewers begin by presenting a real legal Unofficial subreddit that is not affiliated in any way with FTI Consulting. They are putting a big push for interviews and hiring. We would like to show you a description here but the site won’t allow us. So, I have two questions: Could you recommend a source for econ consulting cases and frameworks I should look over to prepare? For instance, if the case study was some type of assessment, I would talk about how I would look at the 3 pillars - People, Process and Technology. Also, some management consulting firms will It sounds like you're talking about an internal interview here. Consulting clubs case interview examples. You would typically write a framework in a management consulting case, but it’s not nearly as The focus on behavioral interviews vary by firm. You had to ask questions to get more info (that the interviewer made up on the spot). Mar 28, 2016 · Finally, before we get to the economic consulting questions proper, keep in mind that, if you're looking for some help on how to tackle case questions, we've got you covered there as well, with a full breakdown in the Vault Guide to the Case Interview. The views and opinions expressed here are those of the authors and do not necessarily reflect the official policy or position of FTI Consulting. This interview was to be fully recorded and sent to the Partner, who is a woman. In my experience, “studying” for one is difficult since you typically have no idea what the scenario is beforehand, but you can certainly prepare with enough time in advance. ** This community was created to be a space for discussion about economic consulting roles, companies, related skills, and economic litigation cases to know about for those who are interested in pursuing a career at the intersection of economics, business, and law. Find a case interview practice partner, preferably someone else who’s applying to jobs in the management consulting industry because they’ll know more about what recruiters are looking for. A little back story: I just got my MA in econ, and I am looking to go into economic consulting. I am looking to transition into Biotech consulting in the most effective (best career trajectory) and most efficient manner (cost effective). Good candidates will know this, and answer the entire question. While it is certainly possible to transition into an econ PhD from econ consulting, and I know several people who went to well-ranked applied micro PhDs, you'd be fairly disadvantaged in the application process coming from econ consulting compared to research. It is basically a cheat cheat of the information found in the book "Case in Point". Spent ~1. Economic consulting firms will take a shot on you if you impress them on case interviews, which I can expound upon if interested. hnyojmdzetxobialkkrtlqmkzykpkklmrrkcsfaqawkwwwtphzpb