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Compass Lexecon Interview Questions
& Process

Real candidates share what happened, how many rounds they had,
and how the experience turned out.

Based on 257 interview experiences · FREE TO READ

2.3 Rounds average
Average Typical difficulty
67.6% Positive experience

Which role are you interviewing for?

11 roles · 257 reports

Candidate interview experiences

First-hand accounts from people who interviewed at Compass Lexecon.

Showing 4 of 257
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Analyst

Analytics · nearly a year ago

Senior Average Positive experience Accept offer 2 rounds
Interview process
Recruiter call Technical screen Onsite
Interview formats
Behavioral Technical Case

It was a pretty standard interview process, with two rounds in total. The first round was mainly about my research background, why I was interested in the company, and how I work in a team. The second round was a more intense 'super day' where I had to tackle a case question focused on data.

Confirmed questions5 questions
  • Can you describe a research question you faced and walk me through how you tackled it, including your methods, the data you used, and the outcomes?
  • Tell me about your experience with research.
  • What makes you interested in our company?
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Research Analyst

Research · nearly a year ago

Mid Average Positive experience No offer 1 round
Interview process
Recruiter call Phone screen
Interview formats
Behavioral Technical

So the first interview was about 25 mins with an analyst and a senior analyst. It was a mix of behavioral and technical questions, mostly focusing on my work and research or analytical experiences.

Confirmed questions4 questions
  • Could you detail one of your analytical experiences?
  • Tell me about yourself.
  • What draws you to economic consulting?
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Compass Lexecon

Competition Analyst

Analytics · more than a year ago

Entry Difficult Positive experience No offer 2 rounds
Interview process
Recruiter call Onsite Panel Group Background check Offer
Interview formats
Behavioral Technical

The first round was in late September. It was a Zoom interview with two analysts, and they only asked behavioral questions. Then there was a Superday/second round at the DC office, which was a 4-hour interview with four different people. There was also a dinner and cocktail hour with the office. It was a really nice and engaging experience overall, and everyone I met was nice and kind.

Confirmed questions3 questions
  • Why are you interested in economic consulting?
  • What kind of research have you conducted?
  • Can you describe how to clean a data set?
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Compass Lexecon

Analyst

Analytics · more than a year ago

Entry Difficult Negative experience No offer 3 rounds
Interview process
Recruiter call Phone screen Technical screen Onsite Background check Offer
Interview formats
Behavioral Case Technical

The interview process started with a straightforward round, asking about my CV and competition. This was followed by a case study on competition, which wasn't too difficult as the interviewers were really helpful. The final round involved questions about my past experience, dissertation, and competition. I'm very disappointed with Compass Lexecon's handling of this process. They repeatedly informed us about week-long delays, which kept happening. To this day, I've heard nothing back. They mentioned a call to provide an update, but it never happened.

Confirmed questions2 questions
  • Can you discuss your dissertation?
  • What motivates collusion?

Compass Lexecon Interview Questions

Quoted word for word from Compass Lexecon interview reports.

What would happen to the price of chicken if the supply for beef increased?

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Is it feasible for consumer surplus to grow even as total surplus shrinks?

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What would be the price change if firm A, a paper company, and firm B, a wood company, were to merge?

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Regarding the marble jar problem, if you start with 1000 blue marbles in one jar and 1000 red marbles in another, move 20 marbles from blue to red, then 20 from red back to blue, and repeat this, which jar ends up with fewer marbles of the opposite color?

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Regarding a US company, what would be the impact if China's GDP experienced a drop, assuming no specific numbers were provided?

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Regarding a merger between an upstream monopolist and a downstream monopolist, what concerns would a competition authority likely have?

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Consider two market scenarios: one with 10 firms where the top two hold 20% and 30% market share respectively, and the rest share equally; the second with four firms where the top two hold 20% and 30% market share, and the remaining two share equally. Which scenario is more concerning?

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What is the relevant market, and how would you calculate Coca-Cola's market share within it?

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How much would you charge for your gas, given that you own a gas station, there's only one competitor, their variable cost is $1/gallon and yours is $0.90/gallon?

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Formats, difficulty and experience

Across all 257 Compass Lexecon interview reports.

Interview formats

Behavioral 34.8%
Technical 32%
Case 22%
Presentation 6.6%
Coding 2%

Interview difficulty

Easy 12.8%
Average 63.8%
Difficult 23.3%

Candidate experience

Positive 67.6%
Neutral 24.4%
Negative 8%

Reports by job function

Analytics 181
Research 25
Consulting 23
Other 12
Finance 10
Legal 3