NERA Economic Consulting Reviews

Updated May 13, 2021

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3.8
70%
Recommend to a Friend
89%
Approve of CEO
NERA Economic Consulting President Lawrence Wu (no image)
Lawrence Wu
67 Ratings
Pros
  • "Good work-life balance, learn a lot, surrounded by smart people(in 24 reviews)

  • "Great career starting point with lots of training and learning opportunities; great work-life balance(in 21 reviews)

  • Cons
  • "sometimes difficult to manage work/life balance(in 22 reviews)

  • "Non existent office culture and little collegiality even between junior staff(in 8 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Current Employee

      Good place to start your career

      Feb 4, 2021 - Associate Analyst 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Friendly colleagues, solid exit opps (especially to grad school)

      Cons

      Niche industry, so not for everyone

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    2. 4.0
      Former Employee, more than 5 years

      Good econ consulting, smart people

      Apr 30, 2021 - Senior Analyst in Los Angeles, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      work with smart people, good hours (varies a lot by groups)

      Cons

      exit opportunities are not good, most junior analysts leave in 3 years. need masters degree to get to consultant level

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    3. 4.0
      Current Employee

      good fresh out of college job

      Apr 27, 2021 - Associate Analyst in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      terrific collegial environment; smart people

      Cons

      culture can get a bit toxic

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    4. 3.0
      Current Employee

      Driven environment

      May 6, 2021 - Associate Analyst in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Interesting project work, some of the most intelligent people I've worked with, strong workproduct, competitive salary

      Cons

      Long hours, high turnover rate, poor communication

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    5. 5.0
      Former Employee, more than 3 years

      Couldn't Have Asked for a Better First Job

      Jul 21, 2020 - Analyst in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The comments below pertain specifically to the anti-trust group of the NYC office (as the firm operates in a very segmented manner between the different practice groups and offices). There is no lack of opportunity in this group as long as you are willing to put in the time and effort. In your first year, you will gain a great deal of data analytics experience (which is invaluable in this day and age) as you are the person in the weeds of the data, cleaning and running analyses on it. In your second year, you are given more responsibility and may oversee a small workstream within a larger project. In your third year onwards, if you have performed up to par in your previous two years, you will actually be given a project to manage and 3-11 researchers to oversee (in multi-billion dollar mergers and acquisitions, how cool is that?). You will be stressed and you will be worked, but you will have learned more in the first year in this job than 2 at most others.

      Cons

      The hours are rough and unpredictable BUT this in and of itself isn't a con because you are compensated handsomely for the time that you put in. If you're expecting a 40 hour job and a $100k+ salary out of college you should have studied CS. Otherwise, this job compensates you very well and in return demands a great deal of hours and diligence.

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      1 person found this review helpful
    6. 4.0
      Former Employee, more than 1 year

      Challenging but Interesting Work. Limited Career Path.

      Feb 22, 2021 - Analyst in White Plains, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The projects at NERA were very intellectually stimulating, and there was often a great balance between quantitative and qualitative tasks. My group had an excellent culture and my colleagues were extremely intelligent and supportive. There were extensive opportunities to develop project management and leadership skills as a junior researcher.

      Cons

      Long and unpredictable hours were unavoidable sometimes due to the nature of consulting. There was a limited career path. It was almost impossible to be promoted from researcher to consultant without an Economics PhD.

      1 person found this review helpful
    7. 4.0
      Former Employee, more than 3 years

      Good learning, smart people, sometimes stressful, some management could improve

      Mar 2, 2021 - Analyst in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      peers, learning, interesting cases, interesting industry, opportunity to transfer internally, many exit opportunities

      Cons

      hours are sometimes bad, could be stressful from time to time, a bit favoritism, some seniors are very different from other seniors (some good some bad, need to learn different styles)

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    8. 4.0
      Former Employee, more than 1 year

      culture

      Mar 7, 2021 - Researcher in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      good teammates, good WLB, free food

      Cons

      Salary is not competitive compared to other consulting firms

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    9. 4.0
      Current Employee

      Stable, solid job with good flexibility

      Jan 12, 2021 - Support Role 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Work at NERA is stable. That doesn't mean every day or season in the same, but it means you can count on the kind of work and regular projects. Excellent work-life balance except for the rare heavy-lift projects that take extra time. Not the most exciting workplace, but the perks and collegial environment make it a nice job.

      Cons

      It's not a place to feel passionate about work. As long as you're okay with that, no problem.

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    10. 5.0
      Current Employee, more than 1 year

      Great First Job!

      Feb 1, 2021 - Associate Analyst in San Francisco, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      People are genuinely helpful and want you to learn and grow. The work done is intellectually stimulating and work-life balance is better than what I hear in consulting in general.

      Cons

      There really isn't much of a culture of juniors at the firm hanging out with each other.

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