The process took 3 weeks - interviewed at Compass Lexecon in June 2012.
Interview Details –
First round interview was though UC Berkeley's career center. I interview with two analysts. They were interested in previous my research experience, asked some simple questions about monopolies and competition, and asked why I wanted to join the company/interested in the job.
Second round interview was in their office and had three parts. First, a more in-depth test of price and competition knowledge (with a couple simple 2x2 tables). Second, was a case-study-esk hour long project; this was related to market share and had reports and articles about an industry mock-case and tables of data (you really need to know how to read tables well and carefully); it boiled down to would you allow A to acquire B? Would there be antitrust concerns. Last was an interview with a manager about what you did/thought with the case-study.
Third round consisted of several interview with managers/principles which returned to why I wanted to do the work, discussions of what the job was like, and previous research experience. They also asked for a letter of recommendation at this point.
The third round kind of was two across two visits to the office.
The People and Place:
Everyone was nice, very professional, and highly perceptive and intelligent. The office was very nice (bright, clean, modern, etc).
Review monopolies, competition, and pricing before any interview with Compass.
Be ready to talk about research experience. An honors thesis or research assistant work is great. Next best thing is a quantitative research paper or work with primary data (i.e. raw data that you used graphically or statistically).
Interview Question – Whether or not the proposed acquisition in the case-study would be an antitrust concern. View Answer
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