Cambridge Associates, LLC

  www.cambridgeassociates.com
  www.cambridgeassociates.com

Cambridge Associates, LLC Consulting Associate Interview Questions

36 Interview Reviews

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Consulting Associate Interview

Anonymous Interview Candidate in Boston, MA
Anonymous Interview Candidate in Boston, MA
Application Details

The process took 4 weeksinterviewed at Cambridge Associates, LLC in November 2009.

Interview Details

First I applied through a listing on my school website. Then I had a phone screening interview where we walked through my resume and they answered some basic questions about the company. Then a few weeks later I got invited to come in for an inperson 1:1 interview. I thought this went well however about a month after I still hadnt heard anything and found out they had moved on.

Interview Questions
  • Describe a time where you struggled in a team working situation   Answer Question
No Offer
Neutral Experience
Average Interview

Other Interview Reviews for Cambridge Associates, LLC

  1.  

    Consulting Associate Interview

    Anonymous Interview Candidate in Boston, MA
    Anonymous Interview Candidate in Boston, MA
    Application Details

    I applied through college or university. The process took 2+ weeksinterviewed at Cambridge Associates, LLC in September 2009.

    Interview Details

    The first round was a 30 minute experience interview. Very casual and relaxed:all standard questions: why my university, major, past work, why Cambridge, etc.
    Second round was in their Boston offices. 5 30 min interviews + lunch. Interview topics: academics, work, a case (walk-though), analyze an article and finally why Cambridge/Investment Consulting.

    Interview Questions
    • The case was about assuming the role of a university endowment and then deciding how to choose a manager, how to pick a portfolio...basically analyzing risk/return graphs.   Answer Question
    Declined Offer
    Positive Experience
    Average Interview
  2.  

    Consulting Associate Interview

    Anonymous Interview Candidate in Boston, MA
    Anonymous Interview Candidate in Boston, MA
    Application Details

    I applied through a staffing agency. The process took 2 daysinterviewed at Cambridge Associates, LLC in August 2009.

    Interview Details

    This was a standard interview with some exercises to test basic investment knowledge. The interview is composed of 5 meetings with current CA team.

    Interview Questions
    No Offer
    Average Interview
  3.  

    Consulting Associate Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied online – interviewed at Cambridge Associates, LLC.

    Interview Details

    They will email you to get a time with you for a phone interview. During the phone interview, you will be asked to go through your resume. There will also be HR questions like the kind of jobs you look out for, the reason you chose the role and what do you know about Cambridge Associate. Interviewer from Cambridge Associates is friendly.

    Interview Questions
    No Offer
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  5.  

    Consulting Associate Interview

    Anonymous Interview Candidate in Changping, Beijing (China)
    Anonymous Interview Candidate in Changping, Beijing (China)
    Application Details

    I applied through a recruiter – interviewed at Cambridge Associates, LLC in January 2013.

    Interview Details

    Background:
    The position is for their newly opened Beijing office

    I send my resume through email. Three weeks later, I recieved a phone call to set me up for a phone interivew and to inform me the approximate length of the interview (30 mins).

    1st round : The call came on time. The interviewer begins with "tell me something about youself" and then perceed to the usual resume runthrough, and then ask a few behavior questions like: what are your strength? Later switch to general questions about the company just to see if you have done any research on the company and investment consulting industry in general. "what are Cambridge Associates' competitors?", "why do you want a career in investment consulting?"
    My general impression is that they want to see if you are serious enough about the a career in investment consulting. the entire process took about 17 mins. I was told the decition will take a week, but I got a call the next day informing me that I have advanced to the 2nd round.

    2nd round: the 2nd round consists of a written test and a case study ( not the case study you see for management consulting firms) More behavior questions but this time it goes really deep. you have 20 mins for the written test. I was given two topics. One is to write some afterthought on the recent finance related news I read, and the other one is to write the steps you will take to communicate with institutional clients. I took choice number one.
    The case study has lots of materials. One of the consultant walks me through the entire process. It was about how to pick stocks, managers for institutional clients. ( sharpe ratio, diversifcations, athrimatrical means, covarience, effiency porfolio frontier) There were many graphes to get you going, but i kept thinking afterward that it is almost impossible to keep saying the right answers if I did not major in Finance. Afterwards, I met the other two staff ( small operation) mostly they want to see if you are a good fit for the firm and if you want to stay in Investment Consulting for long. (behavior questions go deeper)

    Again, I was told the decition will take a week, but I got a call the next day informing me that I have advanced to the next round.

    3rd round: By this stage, I guess the job has come down to only a few candidates (3 or 4) and I know that I have to distinguish myself, but I really don't know how. I know everyone on the shortlist must have the same problem. Anyhow, I prepare the best I could. The first half of the interiew was with someone I think would be the direct supervisor of this position. The qustions are like the ones I encountered on the 2nd interiew, but some easy questions related to Finance as well. The other half of the interview was with the director of the consulting group. Again, More behavior questions like round 2.

    Overall, the interviewers were very pleasant and respectful. Most questions are aimed to discover whether your goals and interests are in line with the company's.

    Interview Questions
    • why not going into investment management why investment consulting? why more spread money among more portfolio managers can achieve better diversification.   View Answer
    No Offer
    Positive Experience
    Difficult Interview
  6.  

    Consulting Associate Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied online – interviewed at Cambridge Associates, LLC.

    Interview Details

    1 phone interview with behavioral questions and onsite interview which consists of 5 small interviews. not typical case interview

    Accepted Offer
  7. 1 person found this helpful  

    Consulting Associate Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied through college or university. The process took 4+ monthsinterviewed at Cambridge Associates, LLC.

    Interview Details

    First round interview was in August, with two consulting associates. They said that I would hear back from their HR dept within 2-3 weeks. 5 weeks later I heard back positively and scheduled a final round interview at their office in Boston. The final round consisted of 5 half hour interviews with two Cambridge employees. Most were Consulting Associates. The 1st was about my personal/academic experiences. The 2nd was about my work experience. The 3rd was a hypothetical client problem on risk vs return. It was not a traditional case interview but they gave me time to study the materials and then i presented to the interviewers. The 4th was a conversation about an article on asset diversification. The 5th was about Cambridge Associates and its Consulting Associate program. Afterwards, there is a 6th "interview" over lunch to see how you handle yourself in a social setting. Again they said that I would hear back 2-3 weeks later. A month passed with no word, so I sent an email to their HR dept. Their response was that they were finishing up the final round and would get back to me in a couple weeks. 3 weeks later I sent another email and got the same response. Finally 2 weeks after that, in December, I got a call from them letting me know that they were moving ahead with other candidates. Overall a good experience. I would have enjoyed working with anyone with whom I interviewed. The only negative was that their HR dept kept giving false deadlines.

    Interview Questions
    • The 3rd was a hypothetical client problem on risk vs return. It was not a traditional case interview but they gave me time to study the materials and then i presented to the interviewers. I had to look at the risk/return profiles for different asset classes, then for the different managers of the different asset classes and pick the best combination.   Answer Question
    No Offer
    Positive Experience
    Average Interview
  8.  

    Consulting Associate Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied through college or university – interviewed at Cambridge Associates, LLC.

    Interview Details

    standard fit questions, mainly for the first round. also a mini case at the about asset management.

    Interview Questions
    • nothing out of the ordinary. why investment consulting, why CA, how does your background make you a good fit etc.   Answer Question
    No Offer
    Easy Interview
  9. 1 person found this helpful  

    Consulting Associate Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied through college or university. The process took 3 weeksinterviewed at Cambridge Associates, LLC.

    Interview Details

    The first interview was through my school. It was only a half an hour, and really just a fit interview, nothing much to worry about. There was a very short case. Only a graph with just one question. I didn't have any financial background, but they knew that with me going in, so I talked my way through it and asked questions.

    I got a second round which was at their office in Menlo Park. It was from 9 in the morning until around 2, lunch included. Five interviews and then lunch is a pretty long day. Didn't get a tour of the office which is weird for such a small place. First interview was behavioral, second was my background, third was why do you want to work here, fourth was a longer 40 minute case and the last was talking about an article.

    Everyone was really nice except for the "why do you want to work here" interviewer. Apparently no matter how I answered that question it was not good enough for him. We spent around 20 minutes on it. They knew I had no finance background going in (I'm a physics major), but proceeded to say that since I had no background, how did I know I would like it or even be any good at it. I field questions pretty well if I say so myself, but at the end of this, I was just wondering why they invited me up in the first place if they thought I was unfit for the job.

    Also, lunch was awkward. It was with a girl my age who had just started work there 6 months ago. She honestly had nothing to say and I had to carry the whole conversation for myself. Nice, but just dull...

    While it was a good experience, I am disappointed that I drove 6 hours each way to talk with them when I feel that they didn't take me seriously. They knew I didn't have a finance background to begin with so it is a little annoying that this was such a big holdup for them. Also, there is no compensation for travel, which can be annoying when other consulting firms will do anything to get you there.

    Interview Questions
    • You really have to know why you love finance, and why you want to work there.   Answer Question
    No Offer
    Neutral Experience
  10.  

    Consulting Associate Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Interview Details

    Had a phone interview which was pretty basic, asked how to invest 100 million. Then had a assessment day which consisted of 3 interviews and a case study. Finally had a third round with a director.

    Interview Questions
    No Offer

See What Cambridge Associates, LLC Employees Are Saying

 Current Team Lead and Investment Performance Analyst in Arlington, VA

Pros: “This is a changing firm and department with a relatively new management team (about a year tenure). The new management team is dedicated to the department and has put PRG on the right…” Full Review

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