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. The managers tended to be people with graduate degrees in economics, or in some cases a Master in Business Administration (MBA). 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. ECS employees are not members of the Washington, D.C. Bar. 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. New economic development consultant careers are added daily on SimplyHired.com. I helped to conduct some of this analysis in my first role at the firm as a research analyst/consultant. Displayed here are job ads that match your query. An extraordinary experience. Large consulting firms cover different fields of consulting, including management consulting, human resources consulting, marketing consulting, technology consulting, and economic consulting. Page 1 of 284 jobs. An entry-level employee in a consulting firm is often referred to as an analyst or associate (this language will depend upon the firm). 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. Indeed ranks Job Ads based on a combination of employer bids and relevance, such as your search terms and other activity on Indeed. To gain a graduate position in economic consultancy, it’s certainly an advantage if you have relevant experience or have completed an internship. 34 Economic Consultant jobs available on Indeed.com, updated hourly. Healthcare analytics specialist. McKinsey & Company, Boston Consulting Group, Bain & Company, Accenture, Charles Rivers Associates, Mathematica Policy Research, and NERA Economic Consulting are examples. 5,772 Economic Consultant jobs available on Indeed.com. Economic Consultant Career *A job as an Economic Consultant falls under the broader career category of Economists. In practical terms, that means economic consulting firms produce research, analysis, and testimony to be used in court cases. Therefore, the career track in economic consulting is often clearly laid out. Economics Jobs in Dubai - Search 132 Economics Vacancies in Dubai in top companies in UAE, Qatar, Oman & Bahrain. Economic consulting majors have been hired by consulting firms such as McKinsey, Boston Consulting Group, Bain, Huron, Accenture, Navigant, and Protiviti. Larger firms recruit in the early fall and smaller firms may recruit in the later fall. Find out more about Economic consulting graduate jobs at PwC. While many businesses sell products or services, consulting firms primarily sell knowledge. 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. Usually the dispute is settled before going to trial, but if the case goes to trial, the expert may testify. Browse 9 open jobs and land a remote Economic Analysis job today. 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 --. If you are interested, submit your resume to [email protected] and place the words “ECS Careers” in the subject line. ISBN 978-0-674-64342-0. To give you an example, imagine there were two companies in the same industry that want to merge with each other. There are over 3,823 economic development consultant careers waiting for you to apply! After graduating from college with a bachelor’s degree, a new employee is typically hired as an analyst or associate. Hosted By: NERA Economic Consulting. 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. Many similar situations requiring sophisticated analysis have arisen as a result of these new forces in the private and regulatory litigation arenas. Economic consulting A stepping stone to an economics career. After graduating from college with a bachelor’s degree, a new employee is typically hired as an analyst or associate. This interview allows candidates to demonstrate analytical and problem-solving skills, along with interpersonal skills and confidence levels. Plus, once I was promoted to Senior Consultant I had the opportunity to manage other consultants. Economic Consultant Job Description. We're enthusiastic problem solvers who tackle complex economic issues and deliver compelling answers. Michael C. Jensen (1998). 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. As an analyst I usually worked on two to three projects at a time, so time management was key. Economics graduates with good analytic and communication skills find employment with consulting firms. 3,823 economic development consultant jobs available. Still, even with the hours, I enjoyed the work. Consultant, Analytics Consultant, Program Manager and more! 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. Business economists are also actively hired by the financial service industry, investment banks, commercial banks, and hedge funds. The low-stress way to find your next economic development consultant job opportunity is on SimplyHired. Many informatics companies need healthcare analytics specialists … Entry-level employees are typically hired after completing a four-year bachelor’s degree and are hired for their analytical, research, and communications skills. 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. 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. Careers at Oxford Economics. 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. A few times I even had to work until 4am! Indeed may be compensated by these employers, helping keep Indeed free for job seekers. 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. Many of the new jobs for these workers are expected to be in firms that specialize in research and consulting services. 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. NERA Economic Consulting understands what many people can’t: economics. 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. It was hard to grasp how each of the different practice areas I’d heard about could be applied to economics. At Oxford Economics, we seek top talent to join our successful teams of innovators, economists, business and thought leaders. 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. Apply to Economic Consultant, Tutor, Healthcare Consultant and more! 1. 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. 7,492 Economic Consulting jobs available on Indeed.com. Economics Consulting jobs. Sort by: relevance - date. We're excited that you are exploring employment opportunities with our firm. Firms specializing in IT consulting or e-business may require technical skills and experience. Many companies offer summer internships or summer analyst or associate programs, and a successful internship often leads to a job offer. Indeed may be compensated by these employers, helping keep Indeed free for job seekers. Therefore, the career track in economic consulting is often clearly laid out. عربي. Many firms that provide economic consulting services hire large teams of consultants to handle various aspects of cases. 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. Networking may play a huge role in obtaining an internship and, later, a job, as hiring can be very competitive. Displayed here are Job Ads that match your query. Economic Consulting Firm jobs now available. 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. 410 Economic Consultant jobs available on Indeed.com. 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. Jobs by Category O. Economic consulting firms are hired to consult on a case or dispute. Page 1 of 566 jobs. 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. Indeed ranks Job Ads based on a combination of employer bids and relevance, such as your search terms and other activity on Indeed. See salaries, compare reviews, easily apply, and get hired. 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. 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. 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. It was interesting, it challenged my thinking, and it paid well. 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. Organizations across many industries use economic analysis and quantitative methods to study and forecast business, sales, and other market trends. Each firm will have its own process but will likely include these types of interviews. 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. Many consulting firms have an “up or out” organization, where each employee must achieve a certain rank within a certain period of time. Search Jobs My Job Alerts. Deloitte provides specialist economic advice tailored to the needs of organizations in the public sector, private sector, government, and regulatory space. The information on this page will generally apply to all careers in this category but may not specifically apply to this career title. In economic consulting, (sometimes referred to as forensic and litigation consulting) firms advise corporations and government organizations regarding the intersection of business, economics and law. Indeed may be compensated by these employers, helping keep Indeed free for jobseekers. 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. Economic Consultant, Senior Consultant, Communications Consultant and more on Indeed.com Going into my senior year, I didn’t know much about economic consulting. Beyond a job. Top management consulting firms usually hold two to three rounds of interviews. 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. Economic Consulting jobs. Apply to Consultant, Program Associate, Sustainability Consultant and more! 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 … Foundations of Organizational Strategy. Economic consulting is mostly a type of paralegal work. 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. p. 215. 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. home  | practice areas | staff | clients | careers | data resources | contact | TPN, (202) 466-7720 | (202) 466-2710 fax | [email protected] L Street, NW, Suite 1000, Washington D.C. 20036. Webinar ... NERA President Lawrence Wu on Careers at NERA. The task of these experts is to quantify the impact of market timing on long-term mutual fund shareholders and distribute appropriate restitution. ECS is an economic consulting firm and does not offer legal services. Join us, and you join a team where peers and leaders become mentors and friends. Firms also look for people who know how to use statistical packages like SAS or STATA. They might work for organizations in a variety of industries, including business, finance, healthcare, education, the government, and more. They analyze industry trends to help organizations improve their performance. 2005 description of the field by Martha Samuelson, President of Analysis Group. Sign up to our virtual events. Top candidates will also have previous experience in the business world (consulting internships are impressive but not required) as well as extracurricular achievement. In economic terms this is known as a monopoly. The consulting industry generally has expanded in the past few decades. Welcome to the FTI Consulting Careers site. 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. The first, known as a “fit” interview, is generally a discussion of a candidate’s background and experience. Working in Economics Consulting as a Graduate. 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. Each firm supports and offers experts to testify in litigation matters related to economics and finance. 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. 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. 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. Sort by: relevance - date. View all jobs in Economics. Besides outstanding academic records, firms want people who can solve problems, think creatively, communicate well, and who understand and are interested in business. #2: FTI Consulting – Economic & Financial Consulting . 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. I would work with them to determine what types of analyses to do and then start doing it. Economic Consultant Economic consultants use analytical and research skills to carry out studies regarding economic scenarios. What is economic consulting? I would arrive at work around 8:30 am and leave sometime between 6 pm or as late as 11 pm. Displayed here are Job Ads that match your query. Economic consulting has grown especially as complex litigation raising topics that interest economists has mushroomed. Page 1 of 58 jobs. 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. Failing to do so, they must leave the organization. Harvard University Press. See detailed job requirements, compensation, duration, employer history, & apply today. Jobs. Summer Consultant Internship. This part of the interview process allows a candidate to demonstrate important characteristics and traits such as leadership, innovation, and creativity. Working on so many projects and doing so many different things meant that I usually had very long days in the office. Also, it was important that I checked in with my managers on each project. 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. 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. Sort by: relevance - date. 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. 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. The different practice areas I ’ d heard about could be applied to economics finance. As a “ fit ” interview, is generally a discussion of a candidate ’ s degree, a,. We 're excited that you are interested, submit your resume to @... I didn ’ t know much about economic consulting firms produce research, analysis, and get hired legal.. And a successful internship often leads to a job, as hiring can be very competitive things meant I... Terms, that means economic consulting firms primarily sell knowledge there were two companies the! 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