PriceSpective Interview Questions & Reviews

Updated May 17, 2014
Updated May 17, 2014
13 interviews

Interview Experience

Interview Experience

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Getting an Interview

Getting an Interview

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Interview Difficulty

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Candidate Interview Reviews

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  1.  

    Senior Analyst Interview

    Anonymous Employee
    Anonymous Employee
    Application Details

    I interviewed through college or university. The process took 3 weeks - interviewed at PriceSpective.

    Interview Details

    very pleasant nothing out of the ordinary. First case study is not face to face but they give you 4 pages about a project and you need to answer 3 questions.

    No Offer
    Negative Experience
    Difficult Interview
  2.  

    Analyst Interview

    Anonymous Interview Candidate  in  Los Angeles, CA
    Anonymous Interview Candidate in Los Angeles, CA
    Application Details

    I interviewed online. The process took 4+ weeks - interviewed at PriceSpective in May 2013.

    Interview Details

    Over a period of 4 weeks I had a 30 min phone screener, 60 minute phone interview with a Director, than a multiple hours in person day with 3 1:1 interviews. the first was for fit, second with a case example, and last with VP that allowed me to direct the conversation more than the rest.

    Interview Questions
    Accepted Offer
    Positive Experience
    Difficult Interview
  3. 2 people found this helpful  

    Analyst Interview

    Anonymous Employee
    Anonymous Employee
    Application Details

    I interviewed through college or university. The process took 4 months - interviewed at PriceSpective.

    Interview Details

    The interview was an extremely long and disappointing process. They had delayed the interview for one month after I was informed about the opportunity to interview. I had the interview on campus with the vice president of the company. It was a typical behavioral/ case study first round interview. The interview lasted 45 minutes. I was informed that I had second round interviews, but after 2 months of waiting, they contacted me and informed me that the position was no longer available.

    Interview Questions
    • Case study: What recommendation would you provide an insurance company regarding the coverage of a new drug?   Answer Question
    No Offer
    Average Interview
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  5. 2 people found this helpful  

    Senior Analyst Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I interviewed through a recruiter. The process took 3 days - interviewed at PriceSpective.

    Interview Details

    - Contacted via online posting
    - Initial phone interview about previous work experience and why PriceSpective
    - Interviews the next day with VP, two Directors, one Senior Consultant, and one Senior Analyst
    - Two case studies on pharmaceutical industry
    - Overall, found job and interviewed within 2-3 period
    - Received offer after 3 weeks

    Interview Questions
    • - (Case study 1): How would you price Product X, given ABC market data, to maximize revenues? Tier placement effects on price-volume trade-offs?
      - (Case study 2): How would you segment the payer markets for Product Y? At what price point would you recommend for this product? Why?
        View Answer
    Negotiation Details
    - Negotiated signing bonus
    - Advice: Negotiation power depends on position, higher up positions obviously more negotiating power
    Accepted Offer
    Positive Experience
    Difficult Interview
  6.  

    Analyst Interview

    Anonymous Employee  in  Blue Bell, PA
    Anonymous Employee in Blue Bell, PA
    Application Details

    I interviewed through college or university. The process took 3 weeks - interviewed at PriceSpective in October 2011.

    Interview Details

    Frustrating. Pricespective certainly is one of the fastest growing bio consulting firms, but some of the directors and senior consultants are incompetent. I first had a 60 minute 1:1 fit and case interview with a VP. He was very nice and I had a very good perception of the company. I was invited to the second round and it was 2 1:1 60 minute fit and case interview. This is the problem. The senior consultant who gave me the case was very unorganized and he even gave me the wrong numbers. While I was doing case A, he gave me figures from case B. The whole interview was just ruined by this one senior consultant. Then I had a second case interview with the director. She was really sarcastic.

    Interview Questions
    No Offer
    Negative Experience
    Difficult Interview
  7.  

    Consulting Interview

    Anonymous Employee  in  Philadelphia, PA
    Anonymous Employee in Philadelphia, PA
    Application Details

    The process took 2 weeks - interviewed at PriceSpective in February 2012.

    Interview Details

    10-15 minutes - resume discussion
    30-40 minutes - case interview (related to the kind of work they do - market size, pricing and market access)
    15 minutes - questions for interviewer
    Very friendly folks. Case interview is tricky if you dont practice but if you're alert and keep track of things you can come up with the best answer they're looking for easily.

    Interview Questions
    • Tell me about yourself - give me a description based on resume   View Answer
    No Offer
    Positive Experience
    Average Interview
  8. 1 person found this helpful  

    Consultant Interview

    Anonymous Employee  in  Blue Bell, PA
    Anonymous Employee in Blue Bell, PA
    Application Details

    The process took 2 months - interviewed at PriceSpective in May 2011.

    Interview Details

    Despite what sounded like an urgent need to fill a vacancy, they took a long time to get it together. Typical interview process - phone screen, on site, second on site, offer. Work-life balance was promoted as being "reasonable", but the folks out doing the heaving lifting looked terrified every time I walked by. Bad vibe all around.

    Interview Questions
    Reasons for Declining

    They didn't seem to know what they were looking for nor was there a clear career track. The company has been around for quite a while now and they've had the same number of partners almost since the beginning...no one has been promoted. Seems like a sweat shop. Also, one of the people (I think she was a director even) was really sarcastic in the interview - her behavior made me think of high school and not a professional services firm. Salary amount was reasonable, but I got a sense that work life balance would be bad.

    Declined Offer
    Negative Experience
    Easy Interview
  9.  

    Analyst Interview

    Anonymous Interview Candidate  in  Blue Bell, PA
    Anonymous Interview Candidate in Blue Bell, PA
    Application Details

    The process took 1+ week - interviewed at PriceSpective in September 2009.

    Interview Details

    1st round 1:1 with HR to go over resume
    2nd round 1:1 with director level or above to see if they want to bring you in
    3rd round 4 1:1 interviews lasting approximately 30 minutes and a 30 minute case presentation to the group that dealt with value strategy

    Interview Questions
    • Given certain information, you have to figure out if buying a drug portfolio is a good investment.   Answer Question
    Accepted Offer
    Positive Experience
    Difficult Interview
  10.  

    Consultant Interview

    Anonymous Interview Candidate  in  Los Angeles, CA
    Anonymous Interview Candidate in Los Angeles, CA
    Application Details

    The process took 2 weeks - interviewed at PriceSpective in June 2008.

    Interview Details

    Following an informative phone screen, I was invited into the office for a 4+ hour series of 1:1 interviews and a case study review/presentation. I was extremely impressed with the qualifications, personalities and general feel of the company and office environment.

    Interview Questions
    • The case study was difficult as it includes a detailed analysis of scientific information, financial graphs and requires the respondent to present to a group of people.   View Answer
    Negotiation Details
    I didn't feel the need to negotiate as the offer was fair and met my indicated salary range. Compensation included all the important points. Salary + Bonus, 401k, health and dental, plus a great vacation/holiday package.
    Accepted Offer
    Positive Experience
    Difficult Interview
  11. 2 people found this helpful  

    Analyst Interview

    Anonymous Employee  in  London, England (UK)
    Anonymous Employee in London, England (UK)
    Application Details

    I interviewed online - interviewed at PriceSpective in October 2013.

    Interview Details

    1. Phone interview with HR-general questions on yourself and why you chose the company

    2. Face to face interview with senior consultant/director (competency based questions + questions derived from your resume) + 1 case study.

    3. Face to face interview with VP/Associate Director (competency based questions) + 1 case study.

    4. Case study presentation-given in advance (one week in advance) for you to prep and questions about it after.

    #1 happened 2 weeks after the online application was made. #2-#4 all happened on the same day as the company did not have time to schedule it all on different days.

    Interview Questions
    • Case Question 1: Market sizing, pricing of a drug. This is the question: A large pharma company is expecting EMA approval for a therapy that treats lower respiratory infections i.e. Drug Y (which is an antibiotic). In about six months the division will receive EMA approval to launch drug. Despite this apparent good news from the EMA, the EU division is concerned about the market potential for drug Y and it’s ability to reach key prescribers in the therapeutic category.

      You have been asked to help them determine the commercial value of this product and the likelihood of use, and determining whether they should:

      Launch alone
      Co-market with a partner (Joint venture)
      Sell or license the drug

      The concerns over market potential centre on whether the drug can gain adequate competitive advantage in a market segment having a dominant, patent-protected competitor and low cost generic antibiotics. Additionally, a higher technology antibiotic, which appears to offer therapeutic advantages was recently introduced by a competitor.

      Case Question 2: Putting a drug into a market, IP issues and should they proceed or not.

      Case Question 2 was more difficult than case question 1.
        View Answer
    No Offer
    Negative Experience
    Average Interview

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