Compass Lexecon Interview Questions

16 total interview insight submissions
Interview Experience (95%)

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 (82%)

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 (53%)

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

Interviews at Compass Lexecon

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Filter by:
Year
Job Title
Group/Division
Location
Experience
Difficulty
1st Year Analyst
Year 2022
Job Title 1st Year Analyst
Group/Division Economic Consulting
Location Arlington
Experience
Positive
Difficulty
Easy
1st Year Analyst
Year 2021
Job Title 1st Year Analyst
Group/Division Economic Consulting
Location Chicago
Experience
Very Positive
Difficulty
Easy
Summer Associate Intern
Year 2020
Job Title Summer Associate Intern
Group/Division Economic Consulting
Location Boston
Experience
Positive
Difficulty
Average
Intern
Year 2018
Job Title Intern
Group/Division N/A
Location Madrid
Experience
Very Positive
Difficulty
Easy
1st Year Analyst
Year 2017
Job Title 1st Year Analyst
Group/Division Economic Consulting
Location London
Experience
Very Positive
Difficulty
Easy
Intern
Year 2015
Job Title Intern
Group/Division N/A
Location London
Experience
Positive
Difficulty
Easy
1st Year Analyst
Year 2014
Job Title 1st Year Analyst
Group/Division N/A
Location Oakland
Experience
Positive
Difficulty
Easy
1st Year Analyst
Year 2014
Job Title 1st Year Analyst
Group/Division N/A
Location Washington
Experience
Neutral
Difficulty
Average
Intern
Year 2014
Job Title Intern
Group/Division Economic Consulting
Location Boston
Experience
Positive
Difficulty
Average
Intern
Year 2011
Job Title Intern
Group/Division Economic Analysis
Location Oakland
Experience
Neutral
Difficulty
Average

Interview Questions & Answers - Compass Lexecon Examples

Analyst Interview - Economic Consulting

Anonymous interview candidate in Arlington
Interviewed: September 2022
Date Submitted: Nov 28, 2022
Outcome
No Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
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
Sample Answer

Analyst Interview - Economic Consulting

Anonymous employee in Chicago
Interviewed: October 2021
Date Submitted: Nov 05, 2021
Outcome
Accepted Offer
Interview Source
Employee Referral
Length of Process
Less than 1 month
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
Sample Answer

Summer Competition Practice Analyst Interview - Economic Consulting

Anonymous interview candidate in Boston
Interviewed: March 2020
Date Submitted: Sep 02, 2020
Outcome
Declined Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month
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.
Sample Answer

Summer Intern Interview

Anonymous employee in Madrid
Interviewed: May 2018
Date Submitted: Mar 02, 2019
Outcome
Accepted Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
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.
Sample Answer

Analyst Interview - Economic Consulting

Anonymous employee in London
Interviewed: September 2017
Date Submitted: May 03, 2018
Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
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?
Sample Answer

Summer Analyst Interview

Anonymous employee in London
Interviewed: 2015
Date Submitted: Feb 29, 2016
Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
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
Sample Answer

Analyst (Competition) Interview

Anonymous interview candidate in Oakland
Interviewed: January 2014
Date Submitted: Feb 24, 2015
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
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?
Sample Answer

Research Analyst Interview

Anonymous employee in Washington
Interviewed: 2014
Date Submitted: Nov 05, 2014
Outcome
Accepted Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
2-3 months
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?
Sample Answer

Intern Interview - Economic Consulting

Anonymous employee in Boston
Interviewed: March 2014
Date Submitted: May 09, 2014
Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
1-2 months
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?
Sample Answer

Summer Analyst Interview - Economic Analysis

Anonymous interview candidate in Oakland
Interviewed: January 2011
Date Submitted: Jan 13, 2014
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month
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)?
Sample Answer