I would review the documents the lawyers provided us with from the case, as well as crunch data and create charts and graphs to communicate our findings. Large consulting firms cover different fields of consulting, including management consulting, human resources consulting, marketing consulting, technology consulting, and economic consulting. Firms also look for people who know how to use statistical packages like SAS or STATA. Displayed here are job ads that match your query. In these cases, there will generally be one expert (often a faculty member from a university economics department or a business school) who will be supported by a partner at the consulting firm and team of analysts, who assist in conducting the analysis and assist in the preparation of the expert's report. View all jobs in Economics. See detailed job requirements, compensation, duration, employer history, & apply today. Economic consulting firms are hired to consult on a case or dispute. The first, known as a “fit” interview, is generally a discussion of a candidate’s background and experience. Practicing case interviews is essential, and a career services mock interview, practice with case studies such as those in Case in Point, and participating in a case competition can help prepare you for the case interview. Managing Director Dr. Christine Siegwarth Meyer will speak on antitrust enforcement in times of economic distress, such as the ongoing COVID-19 pandemic, during GCR’s Women in Antitrust conference on 17 November at 9:40 am EST. Foundations of Organizational Strategy. The larger economic consulting firms tend to offer and support economics and finance experts in the following areas: antitrust; securities; financial institutions and their practices; intellectual property damages; health care; labor; energy and telecommunications; and general commercial damages. New economic development consultant careers are added daily on SimplyHired.com. Top management consulting firms usually hold two to three rounds of interviews. Also, it was important that I checked in with my managers on each project. In the second interview, or “case” interview, a candidate will be presented with a business problem and will be given time to provide a strategy and possible solution. If an analyst chooses not to go to graduate school after two or three years, there may be other opportunities within the firm, but if not, skills developed will be useful in both a public or private sector job search. After graduating from college with a bachelor’s degree, a new employee is typically hired as an analyst or associate. Economic consulting majors have been hired by consulting firms such as McKinsey, Boston Consulting Group, Bain, Huron, Accenture, Navigant, and Protiviti. 3,823 economic development consultant jobs available. The managers tended to be people with graduate degrees in economics, or in some cases a Master in Business Administration (MBA). If a case we were working on was going to trial I then had to work more closely with the trial lawyers too, going over any presentation slides or charts we created with them and writing a report that summarized the findings. We weren’t just doing this work for the lawyers, but ultimately our analysis would be presented in court so we had to make sure it would make sense to the jury so they can use it when they deliberate. In economic terms this is known as a monopoly. Beyond a job. We're excited that you are exploring employment opportunities with our firm. An entry-level employee in a consulting firm is often referred to as an analyst or associate (this language will depend upon the firm). Many of the new jobs for these workers are expected to be in firms that specialize in research and consulting services. Displayed here are Job Ads that match your query. This brought with it a host of other challenges: managing my consultants’ time and my time, and sometimes accepting that I just couldn’t do it all. Economic Consulting jobs. 1. I would work with them to determine what types of analyses to do and then start doing it. To gain a graduate position in economic consultancy, it’s certainly an advantage if you have relevant experience or have completed an internship. They might work for organizations in a variety of industries, including business, finance, healthcare, education, the government, and more. Working on so many projects and doing so many different things meant that I usually had very long days in the office. What is economic consulting? Generally the formal requirements for an entry-level position are a bachelor’s degree, a strong grade point average, knowledge of economics, and an ability to use Word/Excel. At Oxford Economics, we seek top talent to join our successful teams of innovators, economists, business and thought leaders. p. 215. Browse 9 open jobs and land a remote Economic Analysis job today. Deloitte provides specialist economic advice tailored to the needs of organizations in the public sector, private sector, government, and regulatory space. Careers at Oxford Economics. Each firm will have its own process but will likely include these types of interviews. The information on this page will generally apply to all careers in this category but may not specifically apply to this career title. Networking may play a huge role in obtaining an internship and, later, a job, as hiring can be very competitive. Many consulting firms have an “up or out” organization, where each employee must achieve a certain rank within a certain period of time. Healthcare analytics specialist. I helped to conduct some of this analysis in my first role at the firm as a research analyst/consultant. Economic Consultant Economic consultants use analytical and research skills to carry out studies regarding economic scenarios. It was interesting, it challenged my thinking, and it paid well. Apply to Economic Consultant, Tutor, Healthcare Consultant and more! Research may consist of collecting raw data from internal sources, such as the client's computers or employees, and from external sources, such as trade associations or government agencies. To figure out if the merger would result in a monopoly my firm would conduct a number of analyses to figure out if there would be alternative options available to the public if the merger occurred, among other research. Economic consultants help companies improve their operations and policies in order to increase economic gains by conducting forecasts and generating potential results of various operations. The economic consultants at PwC provide advice in areas such as: competition economics, financial economics, market design and regulation, behavioural economics, econometric modelling and more. The task of these experts is to quantify the impact of market timing on long-term mutual fund shareholders and distribute appropriate restitution. Find out more about Economic consulting graduate jobs at PwC. Michael C. Jensen (1998). There are over 3,823 economic development consultant careers waiting for you to apply! As examples of the latter – work that has resulted from regulators and their initiatives – we have supported several Independent Distribution Consultants under joint retention by the SEC, state attorney generals, and independent mutual fund trustees. ECS employees are not members of the Washington, D.C. Bar. An extraordinary experience. Organizations across many industries use economic analysis and quantitative methods to study and forecast business, sales, and other market trends. In the US we try to keep monopolies from forming because then that means the monopolist company can charge whatever price it wants for its goods or services since there is no price competition with other companies. Besides outstanding academic records, firms want people who can solve problems, think creatively, communicate well, and who understand and are interested in business. Displayed here are Job Ads that match your query. Economic consulting A stepping stone to an economics career. ECS is an economic consulting firm and does not offer legal services. Economic Consultant Job Description. عربي. 410 Economic Consultant jobs available on Indeed.com. Therefore, the career track in economic consulting is often clearly laid out. Economic Consulting Firm jobs now available. Page 1 of 284 jobs. Regardless of the firm size, though, economic consulting is an interesting field and one where you can put your extensive knowledge of economics and economic theory into practice. This may involve assessing the damages when a firm is accused of doing economic harm to another firm, forecasting current and/or future liabilities stemming from an environmental product liability, or determining whether price movements were consistent with an alleged manipulative scheme in a particular market, such as energy. For a full list of organizations at UVA, please see: https://atuva.student.virginia.edu/Organizations, Bates White Economic Consulting Information Session, Introduction to Consulting with Accenture, Bain, and McKinsey, Women’s Networking Reception with Accenture. If you are interested, submit your resume to careers@economic-consulting.com and place the words “ECS Careers” in the subject line. He or she spends two to three years at a consulting firm before returning to school to get an MBA, Ph.D., or law degree, though some firms will promote top analysts directly to the senior associate, or consultant level. Sort by: relevance - date. We're enthusiastic problem solvers who tackle complex economic issues and deliver compelling answers. Going into my senior year, I didn’t know much about economic consulting. In practical terms, that means economic consulting firms produce research, analysis, and testimony to be used in court cases. ISBN 978-0-674-64342-0. Indeed may be compensated by these employers, helping keep Indeed free for job seekers. Consultant, Analytics Consultant, Program Manager and more! Summer internships- Many economic consultancies run programmes in the summer vacation and the deadlines for applying usually come in the early spring – but check employer websites for up-to-date details of closing dates. Economic Consulting Although the economy has a major impact on all kinds of organizations, it isn’t always clear what the specific effects will be. Apply to Consultant, Program Associate, Sustainability Consultant and more! Economics is the science of business and every day it shapes the world we live in, cutting across the most pressing issues facing businesses, investors, regulators and governments. Webinar ... NERA President Lawrence Wu on Careers at NERA. I would arrive at work around 8:30 am and leave sometime between 6 pm or as late as 11 pm. Join us, and you join a team where peers and leaders become mentors and friends. This interview allows candidates to demonstrate analytical and problem-solving skills, along with interpersonal skills and confidence levels. Indeed ranks Job Ads based on a combination of employer bids and relevance, such as your search terms and other activity on Indeed. Economic Consultant, Senior Consultant, Communications Consultant and more on Indeed.com Indeed may be compensated by these employers, helping keep Indeed free for jobseekers. Search Jobs My Job Alerts. These cases raise fascinating questions of the importance of network effects and economies of scale in explaining market position and profits, as well as the complex task of determining what but-for software prices would have been, if indeed conduct by Microsoft is proven to have raised price levels. Harvard University Press. 5,772 Economic Consultant jobs available on Indeed.com. Economics graduates with good analytic and communication skills find employment with consulting firms. At first glance there may seem to be nothing wrong with this plan, but then you have to consider whether the merger would result in an unfair advantage, creating in some sense a “super company” that controls most of the market and can keep out competitors. As a clear example of the former, [Analysis Group has] coordinated the economic analysis for Microsoft in over 140 consumer class actions which followed the Department of Justice litigation with Microsoft. #2: FTI Consulting – Economic & Financial Consulting . Working in Economics Consulting as a Graduate. Welcome to the FTI Consulting Careers site. Failing to do so, they must leave the organization. After graduating from college with a bachelor’s degree, a new employee is typically hired as an analyst or associate. Each firm supports and offers experts to testify in litigation matters related to economics and finance. From the associate level (post-MBA or graduate school), an individual can work toward a position as manager, managing director, vice president and partner/principal. Entry-level employees are typically hired after completing a four-year bachelor’s degree and are hired for their analytical, research, and communications skills. Firms specializing in IT consulting or e-business may require technical skills and experience. This part of the interview process allows a candidate to demonstrate important characteristics and traits such as leadership, innovation, and creativity. As you can see from the merger example, the types of issues an economic consulting firm deals with can be very broad in scope and require a lot of research to determine the impact of a transaction, whether it already happened or is pending. Jobs by Category O. To give you an example, imagine there were two companies in the same industry that want to merge with each other. Indeed may be compensated by these employers, helping keep Indeed free for job seekers. For more information on case studies, candidates should read: https://www.bateswhite.com/careers-faqs.html, http://www.wallstreetoasis.com/blog/economic-consulting-qa-past-experience-at-major-firms. 7,492 Economic Consulting jobs available on Indeed.com. 34 Economic Consultant jobs available on Indeed.com, updated hourly. The low-stress way to find your next economic development consultant job opportunity is on SimplyHired. A few times I even had to work until 4am! Here is how Marissa, one economic consultant, describes her work: My firm would be hired by the Department of Justice or the Securities and Exchange Commission (SEC) to develop expert independent opinions for their lawyers on whether or not illegal activity occurred or could occur under a transaction. Economics Consulting jobs. While many businesses sell products or services, consulting firms primarily sell knowledge. Sort by: relevance - date. Martha Samuelson, President, Analysis Group http://www.analysisgroup.com/uploadedfiles/content/careers/cswep_ms_article.pdf, http://www.ditlproject.com/life-as-an-economic-consultant/, © Copyright by the rector and visitors of the University of Virginia, Careers in Public Affairs and Public Policy, Careers in Think Tanks and Research Institutes, Career Services Information for Employers, https://atuva.student.virginia.edu/Organizations, http://www.vault.com/company-rankings/consulting/best-firms-in-each-practice-area/?sRankID=78, http://www.analysisgroup.com/uploadedfiles/content/careers/cswep_ms_article.pdf, https://www.linkedin.com/groups/40103/profile, https://www.linkedin.com/groups/6744632/profile, https://www.linkedin.com/groups/48465/profile, 2016 Best Consulting Firms for Economic Consulting --. Some paid internships are only open to penultimate year students so if you are in first or second year you could also consider work-shadowing … As a member of our team you will be an integral part of our global growth plans and would join a world class company at the forefront of the industry. They analyze industry trends to help organizations improve their performance. Therefore, the career track in economic consulting is often clearly laid out. A career in economic consulting felt like a good fit because most of the work we do at CRA deals with data and research, both quantitative and qualitative. Plus, once I was promoted to Senior Consultant I had the opportunity to manage other consultants. Many companies offer summer internships or summer analyst or associate programs, and a successful internship often leads to a job offer. Economic Consulting jobs. Indeed ranks Job Ads based on a combination of employer bids and relevance, such as your search terms and other activity on Indeed. Summer Consultant Internship. Many firms that provide economic consulting services hire large teams of consultants to handle various aspects of cases. Hosted By: NERA Economic Consulting. Many similar situations requiring sophisticated analysis have arisen as a result of these new forces in the private and regulatory litigation arenas. Indeed ranks Job Ads based on a combination of employer bids and relevance, such as your search terms and other activity on Indeed. As an analyst I usually worked on two to three projects at a time, so time management was key. Many informatics companies need healthcare analytics specialists … The consulting industry generally has expanded in the past few decades. Sort by: relevance - date. home  | practice areas | staff | clients | careers | data resources | contact | TPN, (202) 466-7720 | (202) 466-2710 fax | ecs@economic-consulting.com2001 L Street, NW, Suite 1000, Washington D.C. 20036. President of Analysis, Group Martha Samuelson, describes its growth: Increased complex class action litigation in areas such as antitrust, as well as increased focus by federal and state regulators on complex business and financial issues have driven industry growth. Depending on the firm’s specialty, the analyst’s interests and experience, and the client’s need, an economic consulting analyst may be required to conduct research in any of these areas. Business economists are also actively hired by the financial service industry, investment banks, commercial banks, and hedge funds. NERA Economic Consulting understands what many people can’t: economics. They usually work as a part of a team focused on solving a client’s problem, and they may research, document, report, and design and build financial and statistical models. See salaries, compare reviews, easily apply, and get hired. Economic Consultant Career *A job as an Economic Consultant falls under the broader career category of Economists. Usually the dispute is settled before going to trial, but if the case goes to trial, the expert may testify. With projects that could be as short as two months to projects that were years-long, there was definitely a lot to do all the time and that variety is what I enjoyed most about the job. careers ECS is always looking for talented, qualified professionals with expertise and training in our practice areas of international trade, tax and transfer pricing, and valuation. McKinsey & Company, Boston Consulting Group, Bain & Company, Accenture, Charles Rivers Associates, Mathematica Policy Research, and NERA Economic Consulting are examples. Sign up to our virtual events. Economic consulting is mostly a type of paralegal work. It was hard to grasp how each of the different practice areas I’d heard about could be applied to economics. Top candidates will also have previous experience in the business world (consulting internships are impressive but not required) as well as extracurricular achievement. We are a small firm with a friendly, collegial culture, and offer many opportunities for professional development and career advancement, all while gaining exposure to some of the highest-profile clients and engagements in the economic consulting sphere. Going into my senior year, I enjoyed the work opportunity to other., sales, and testimony to be used in court cases regarding economic scenarios market! Research analyst/consultant skills find employment with consulting firms paid well peers and leaders become economic consulting careers and.! Such as your search terms and other activity on indeed, candidates should:... Apply today very competitive help organizations improve their performance leads to a job offer an example imagine. 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