Jobs by Category O. Entry-level employees are typically hired after completing a four-year bachelor’s degree and are hired for their analytical, research, and communications skills. 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. The first, known as a “fit” interview, is generally a discussion of a candidate’s background and experience. 410 Economic Consultant jobs available on Indeed.com. Organizations across many industries use economic analysis and quantitative methods to study and forecast business, sales, and other market trends. Many of the new jobs for these workers are expected to be in firms that specialize in research and consulting services. Economic Consultant Career *A job as an Economic Consultant falls under the broader career category of Economists. Jobs. I would arrive at work around 8:30 am and leave sometime between 6 pm or as late as 11 pm. 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. 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. The consulting industry generally has expanded in the past few decades. Indeed ranks Job Ads based on a combination of employer bids and relevance, such as your search terms and other activity on Indeed. Failing to do so, they must leave the organization. Michael C. Jensen (1998). Business economists are also actively hired by the financial service industry, investment banks, commercial banks, and hedge funds. Many similar situations requiring sophisticated analysis have arisen as a result of these new forces in the private and regulatory litigation arenas. After graduating from college with a bachelor’s degree, a new employee is typically hired as an analyst or associate. Indeed may be compensated by these employers, helping keep Indeed free for job seekers. This part of the interview process allows a candidate to demonstrate important characteristics and traits such as leadership, innovation, and creativity. 7,492 Economic Consulting jobs available on Indeed.com. Many firms that provide economic consulting services hire large teams of consultants to handle various aspects of cases. In economic terms this is known as a monopoly. An extraordinary experience. 1. 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. Hosted By: NERA Economic Consulting. Still, even with the hours, I enjoyed the work. Economic Consulting jobs. Many informatics companies need healthcare analytics specialists … Economic Consultant Job Description. Webinar ... NERA President Lawrence Wu on Careers at NERA. p. 215. Displayed here are Job Ads that match your query. Find out more about Economic consulting graduate jobs at PwC. Economic Consulting Firm jobs now available. I would work with them to determine what types of analyses to do and then start doing it. We're enthusiastic problem solvers who tackle complex economic issues and deliver compelling answers. The managers tended to be people with graduate degrees in economics, or in some cases a Master in Business Administration (MBA). An entry-level employee in a consulting firm is often referred to as an analyst or associate (this language will depend upon the firm). 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. 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. Going into my senior year, I didn’t know much about economic consulting. What is economic consulting? 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 Economic consultants use analytical and research skills to carry out studies regarding economic scenarios. 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. 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. Therefore, the career track in economic consulting is often clearly laid out. 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 --. View all jobs in Economics. 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. Networking may play a huge role in obtaining an internship and, later, a job, as hiring can be very competitive. عربي. 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. Larger firms recruit in the early fall and smaller firms may recruit in the later fall. Many consulting firms have an “up or out” organization, where each employee must achieve a certain rank within a certain period of time. 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. 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. 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. Welcome to the FTI Consulting Careers site. We're excited that you are exploring employment opportunities with our firm. Page 1 of 58 jobs. Summer Consultant Internship. 2005 description of the field by Martha Samuelson, President of Analysis Group. Indeed may be compensated by these employers, helping keep Indeed free for jobseekers. Usually the dispute is settled before going to trial, but if the case goes to trial, the expert may testify. ECS is an economic consulting firm and does not offer legal services. Healthcare analytics specialist. New economic development consultant careers are added daily on SimplyHired.com. Sort by: relevance - date. This interview allows candidates to demonstrate analytical and problem-solving skills, along with interpersonal skills and confidence levels. Firms specializing in IT consulting or e-business may require technical skills and experience. Displayed here are job ads that match your query. Each firm will have its own process but will likely include these types of interviews. 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. At Oxford Economics, we seek top talent to join our successful teams of innovators, economists, business and thought leaders. Economics graduates with good analytic and communication skills find employment with consulting firms. 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. Indeed ranks Job Ads based on a combination of employer bids and relevance, such as your search terms and other activity on Indeed. Working in Economics Consulting as a Graduate. 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 … Browse 9 open jobs and land a remote Economic Analysis job today. 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 Consultant, Senior Consultant, Communications Consultant and more on Indeed.com 5,772 Economic Consultant jobs available on Indeed.com. 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. Foundations of Organizational Strategy. Sort by: relevance - date. Harvard University Press. Careers at Oxford Economics. See detailed job requirements, compensation, duration, employer history, & apply today. Economic consulting has grown especially as complex litigation raising topics that interest economists has mushroomed. Top candidates will also have previous experience in the business world (consulting internships are impressive but not required) as well as extracurricular achievement. 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. Also, it was important that I checked in with my managers on each project. The task of these experts is to quantify the impact of market timing on long-term mutual fund shareholders and distribute appropriate restitution. Economics Consulting jobs. Apply to Consultant, Program Associate, Sustainability Consultant and more! Economics Jobs in Dubai - Search 132 Economics Vacancies in Dubai in top companies in UAE, Qatar, Oman & Bahrain. McKinsey & Company, Boston Consulting Group, Bain & Company, Accenture, Charles Rivers Associates, Mathematica Policy Research, and NERA Economic Consulting are examples. 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. Working on so many projects and doing so many different things meant that I usually had very long days in the office. 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. 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. While many businesses sell products or services, consulting firms primarily sell knowledge. 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. Indeed may be compensated by these employers, helping keep Indeed free for job seekers. In practical terms, that means economic consulting firms produce research, analysis, and testimony to be used in court cases. Sort by: relevance - date. Top management consulting firms usually hold two to three rounds of interviews. 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. 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. Apply to Economic Consultant, Tutor, Healthcare Consultant and more! 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. 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. NERA Economic Consulting understands what many people can’t: economics. 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. Besides outstanding academic records, firms want people who can solve problems, think creatively, communicate well, and who understand and are interested in business. Economic consulting majors have been hired by consulting firms such as McKinsey, Boston Consulting Group, Bain, Huron, Accenture, Navigant, and Protiviti. After graduating from college with a bachelor’s degree, a new employee is typically hired as an analyst or associate. Economic consulting is mostly a type of paralegal work. Page 1 of 284 jobs. 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. There are over 3,823 economic development consultant careers waiting for you to apply! ECS employees are not members of the Washington, D.C. Bar. 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. They analyze industry trends to help organizations improve their performance. 3,823 economic development consultant jobs available. Beyond a job. 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. Deloitte provides specialist economic advice tailored to the needs of organizations in the public sector, private sector, government, and regulatory space. 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