Compass Lexecon Interview Questions

16 total interview insight submissions

Interview Experience (96%)

The Interview Experience is a score from 1 star (very negative) to 5 stars (very positive) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

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). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

4
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (83%)

The Interview Difficulty is a score ranging from very difficult (red) to very easy (green) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. The higher the number, the more difficult the interviews on average. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

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). Simply put, as a company gets more insights, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire data set.

2.7
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult
% Interns - FT Offers (51%)

The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

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). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to the simple company average and away from the average of the entire data set.

50%
  • 0%
  • 20%
  • 40%
  • 60%
  • 80%
  • 100%
  • 10%
  • 30%
  • 50%
  • 70%
  • 90%

Interviews at Compass Lexecon

YearPositionLocationGroup/DivisionExperienceDifficulty
2022AnalystArlingtonEconomic ConsultingPositiveEasy
2021AnalystChicagoEconomic ConsultingVery PositiveEasy
2020Summer Competition Practice AnalystBostonEconomic ConsultingPositiveAverage
2018Summer InternMadridN/AVery PositiveEasy
2017AnalystLondonEconomic ConsultingVery PositiveEasy
2015Summer AnalystLondonN/APositiveEasy
2014Analyst (Competition)OaklandN/APositiveEasy
2014Research AnalystWashingtonN/ANeutralAverage
2014InternBostonEconomic ConsultingPositiveAverage
2011Summer AnalystOaklandEconomic AnalysisNeutralAverage

Analyst Interview - Economic Consulting

Anonymous interview candidate in Arlington

Outcome

No Offer

Interview Source

Applied Online

Length of Process

Less than 1 month
Interviewed: September 2022

Application

1 on 1 Interview

Interview

I applied online for the analyst position start in 2023 and they connected me via HandShake. They asked me to book a time for 30-min talk.

Interview Questions

Introduce yourself
Talk about your quantitative/statistical project
Talk about your experience on teamwork

Analyst Interview - Economic Consulting

Anonymous employee in Chicago

Outcome

Accepted Offer

Interview Source

Employee Referral

Length of Process

Less than 1 month
Interviewed: October 2021

Application

Phone Interview
Group Interview
Skills Test
Personality Test

Interview

The interview started off with a phone call, it went well and at the end he said that I had a second round and that they would reach out to me in a week. They did and I had another interview the week after that. The first part was with 3 analysts, the second was a case study with an associate, and the last part was a chat with one of the principals. Everyone was very encouraging and supportive. The called me a week later and offered the job.

Interview Questions

Previous data work

Summer Competition Practice Analyst Interview - Economic Consulting

Anonymous interview candidate in Boston

Outcome

Declined Offer

Interview Source

College / University / On Campus Recruiting

Length of Process

Less than 1 month
Interviewed: March 2020

Application

1 on 1 Interview

Interview

I interviewed with one first-year analyst for the first round. spoke about the classes I took in college and data projects. Then the week later is a 3 rounds back to back one on one interview with different members of the team (Associate, Partner, Analyst).

Interview Questions

Partner ask me to explain in depth about the theory behind the research I did on Banking and Competition. He is a Havard Econ PhD grad, clearing knows way more I did.

Summer Intern Interview

Anonymous employee in Madrid

Outcome

Accepted Offer

Interview Source

College / University / On Campus Recruiting

Length of Process

1-2 months
Interviewed: May 2018

Application

1 on 1 Interview

Interview

For Madrid office, they contacted me through my master program. I applied online for the summer intern position. Then, they invited me for 1-1 interview with an economist in Madrid office. We talked about my background and the person asked me to answer a simple case question. After 10 days, they sent me an offer for the intern position.

Interview Questions

Questions about my background, CV and cover letter were pretty standard and easy. After these questions, I was asked to develop an approach to calculate the damage caused by predatory pricing strategy of a dominant firm in one specific market in Europe. I had to have an analytical approach to calculate the damages created by the dominant firm. I was expected to answer by using some econometric methods to address causality issues in a more quantitative manner. All in all, it was an interesting case and it was not that hard.

Analyst Interview - Economic Consulting

Anonymous employee in London

Outcome

Accepted Offer

Interview Source

Applied Online

Length of Process

Less than 1 month
Interviewed: September 2017

Application

1 on 1 Interview
IQ / Intelligence Test

Interview

Application began with CV/cover letter/writing sample submission. First round consists of a 30min numerical test (GMAT style, very time constrained), a 30 min verbal reasoning test (very simple for native English speakers), followed by a 30 minute casual interview with a member of staff. The interview portion in this first stage only asks industry awareness (what do we do here?) and motivation questions.

Interview Questions

[Industry knowledge]

* Who are our competitors?

* What do you think we do here?

* Who are our clients? Who do we talk to?

* What skills do you think are important to succeed in econ consulting? If you had to pick one above all else, which?

* Can you talk about any recent cases we have been involved with? Explain

[Behavioural]

* Why do you want to work here?

* Why this industry? Why not work for the government etc?

* Tell me your story

* Tell me about your work experience - what did you do and how does this relate to this role?

Summer Analyst Interview

Anonymous employee in London

Outcome

Accepted Offer

Interview Source

Applied Online

Length of Process

Less than 1 month
Interviewed: 2015

Application

1 on 1 Interview
Presentation
Skills Test
Background Check

Interview

First round interview consisted of numerical/verbal reasoning tests similar to that for GMAT, and a 1-1 interview with an analyst. This was mainly behavioural questions and why this company/industry.
Second round interview consisted of a case study, including a written report, and a 1-1 interview with a senior economist/VP. This interview varies by interviewer, and would consist on some technical questions.

Interview Questions

Discussion about EU competition policy and various competitive tests like the SSNIP test, natural monopoly tests and how effective they are
Tell me a time where you did independent research

Analyst (Competition) Interview

Anonymous interview candidate in Oakland

Outcome

No Offer

Interview Source

College / University / On Campus Recruiting

Length of Process

1-2 months
Interviewed: January 2014

Application

Phone Interview
Other

Interview

I applied through a school posting (no on-campus interview or any event), and received an email to set up first round phone interview in a week. There were pretty standard economic consulting questions, but they did also have a short informal case about knowledge on market structure / monopoly. Within a week I received a second round invitation. They let me do it in Skype because I do not live in California. I had my interview with an economist, and with a panel of several analysts. Questions are fairly similar with the first round. I received an rejection in a week.

Interview Questions

You had management consulting experience on your resume. Why do you want to do economic consulting then?

Research Analyst Interview

Anonymous employee in Washington

Outcome

Accepted Offer

Interview Source

College / University / On Campus Recruiting

Length of Process

2-3 months
Interviewed: 2014

Application

1 on 1 Interview

Interview

The process is quite straightforward. First round campus interview with a senior analyst. Asked question about leadership and experience with large data set. Got an invitation for final round one week later. four one on one interview. One case about merger & acquisition. Review basic antitrust concept if it's possible.

Interview Questions

Whether or not the proposed acquisition in the case-study would be an antitrust concern. How would you challenge DOJ's assumption?

Intern Interview - Economic Consulting

Anonymous employee in Boston

Outcome

Accepted Offer

Interview Source

Applied Online

Length of Process

1-2 months
Interviewed: March 2014

Application

1 on 1 Interview
Skills Test
IQ / Intelligence Test
Personality Test

Interview

- Submitted resume
- IQ tests + behavioral interview (no cases)
- Sent writing sample and references
- Case study / interview with partner

Culture seems relaxed, collegial -- people are smart and largely academic. Hours appear to be 9-7 or so. Interview process required no technical or detailed knowledge of economics or statistics, though obviously some basic concepts are essential.

Interview Questions

Tell me about any management experience that you've had (compentency question, i.e. pick something from your CV and talk it up)
If a wood producing firm merges with a paper producing firm (and the paper firm is then exclusively supplied by the wood firm), what would we expect to happen vis a vis price and quantity in the market for paper?

Summer Analyst Interview - Economic Analysis

Anonymous interview candidate in Oakland

Outcome

No Offer

Interview Source

College / University / On Campus Recruiting

Length of Process

Less than 1 month
Interviewed: January 2011

Application

Phone Interview
1 on 1 Interview

Interview

Pretty straightforward. First round with a simple behavioral call and short case. Second round was in the Oakland office and consisted of 3 cases and 1 general interview which consisted of some fit questions and questions about economic frameworks (specifically about competition and anti-trust)

Interview Questions

What would be likely factors for a cartel in a specific industry (food carts)?