Economic Consulting Case Interview - What Economic/Financial Concepts do i need to know?

The Firm works in infrastructure (regulatory economics) mostly. Think water, power, a bit of health.

They've mentioned a case interview that will test knowledge of financial/economic concepts.

I didn't study economics, but i am in STEM so i got through.

What do i need to learn? Can someone list the relevant topics/concepts?

 

I don't actually know what they will expect you to know, but if you want to speak the vocabulary, you could probably knock out a book called "Naked Economics" in a day. What you'll take away from it is about what people will remember from freshman econ.

 

Uh as an Econ major, I would say maybe you want to buy Mankiw's introduction to macro and micro economics and read for at least 10 chapters. I haven't done any interviews for econ consulting firms, but I would say that naked economics (which I have read) is definitely not enough if they just go a little bit deeper in concepts, not to mention regression and econometrics. And why go to Econ consulting if you are not econ major? There are a bunch of consulting firms out there.

Persistency is Key
 

I agree with the naked economics not being enough. I wanted an actual econ consultant's opinion because that seems way too shallow for what they want.

And why? My honours thesis is on electricity market economics, so it's a great fit with this particular firm. Issue is that i have the quantitative skills, but the economic theory was learnt ad-hoc.

 

Et aut ullam id culpa minus quod. Id perspiciatis unde atque voluptas facere iure. Consequuntur fuga nostrum similique et. Ducimus esse atque necessitatibus. Minima rem doloribus aspernatur libero aut harum.

Sed et beatae dolorum sunt tempora consequatur. Suscipit temporibus et voluptatibus rerum eos. Consequuntur et repellendus dolor tempora dolorem voluptates quia.

Career Advancement Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

May 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

May 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (587) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (146) $115
  • Engineer (6) $114
  • 2nd Year Analyst (344) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1048) $87
  • Intern/Summer Associate (189) $84
  • Intern/Summer Analyst (552) $67
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”