
Compass Lexecon General Intern Interview Questions
& Process
Real candidates share what happened, how many rounds they had,
and how the experience turned out.
Based on 53 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at Compass Lexecon.
Intern
The interview process involved two main rounds. The first round was a 45-minute session covering both behavioral and case study questions. The second round had two 30-minute segments, one for behavioral questions and another for computer-related topics. The whole experience spanned about 2-3 months, and sometimes it could be a bit tricky to schedule everything. They asked things like 'Why Compass?' and 'Why econ consulting?', and also about teamwork. Standard interview questions were part of it too.
- Why Compass?
- Why economic consulting?
- Describe a situation involving teamwork.
Intern
The whole interview process was conducted remotely via Teams calls. It started with a call with a senior economist, followed by a quant and English test, a case interview, and a technical interview. The entire process spanned over two months, concluding with negative preformatted feedback without a detailed explanation. I expected a debrief call to understand my shortcomings, especially given the lengthy duration and my prior experiences with other firms where such feedback was provided. The initial Teams call focused on assessing my understanding of the company's work and my motivation for joining economic consultancy. The case interview involved analyzing a 6-page document about a potential merger, requiring a short report to a manager highlighting critical aspects and relative indices (UPP) derived from the data. The technical interview covered data cleaning, which I found to be quite easy and not very evaluative of skills. The most challenging part was the test, and I recommend practicing SHL-style quantitative reasoning.
- Could you give examples of the types of cases we encounter?
- In your opinion, how should one describe a dataset?
Intern
Submitted my CV and cover letter via email. The first stage involved a GMAT-style math and logical reasoning test, followed by a 15-minute motivational interview. This initial interview was quite basic, focusing on whether I understood economic consulting, its distinction from management consulting, and my genuine interest in the field. Then came the second and final round. I was given case study materials and had 40 minutes to prepare for an interview discussing the case. The case study was relevant to CL's work, potentially involving damages estimation or antitrust issues. The interview lasted about an hour, covering my findings, data analysis, and key points. Afterward, I had around 30 minutes to write a one-page summary of the meeting and outline next steps. The very last part was a longer motivational interview, probing my skills, experience, and economic intuition and knowledge.
- Do you believe regulating monopolies is important and justified? Please elaborate on your reasoning.
- What is economic consulting, and how does it differ from management consulting?
- What makes you want to work in economic consulting?
Compass Lexecon General Intern Interview Questions
Quoted word for word from Compass Lexecon interview reports.
“What would be the price change if firm A, a paper company, and firm B, a wood company, were to merge?”
Read reports →“Regarding a US company, what would be the impact if China's GDP experienced a drop, assuming no specific numbers were provided?”
Read reports →“What is economic consulting, and how does it differ from management consulting?”
Read reports →“What are the types of firm competition and how do they relate to law firms?”
Read reports →“What are your thoughts on cartels and how can we empirically test for their existence?”
Read report →“How would you calculate the overprice, using a model or another method?”
Read report →“How would you approach counterfactual analysis for a cartel case, specifically regarding price increases compared to non-cartel prices?”
Read report →“What is your assessment of the damages estimation in the case study?”
Read report →“In your opinion, how should one calculate the compensation for a stakeholder impacted by a cartel's pricing actions?”
Read report →Formats, difficulty and experience
Across all 53 Compass Lexecon interview reports.