Compass Lexecon Interview – Antitrust Analyst Final Round Interview

by Mai Le | Sep 13, 2018

*** Report on Compass Lexecon interview questions from a Cover Letter Library member’s experiences. This is based on Compass Lexecon Antitrust Analyst Final Round Interview in Princeton in 2016.  There may be some variations depending on the offices or other new updates to the recruitment practice – so please use this for reference/preparation purposes only ***

Compass Lexecon interview

Who’s the lucky company?
Compass Lexecon
For which division?
Antitrust
And for which office?
Princeton
What’s the formal title of the position you applied for?
Antitrust Analyst
When was this interview?
28-01-2016
How were you informed of this interview?
HR emailed
Were you able to choose the time slot yourself?
Yes
And this interview was therefore…
Lasted the whole day
Was this a … ?
in-person interview
Which stage was this interview?
final round interview
How many interviews in total were in this process?
There were three interviews in total. The first and second were both phone interviews, and the third was an in-person interview lasting the entire day.
How many interviewers were in each interview ?
One in first round, one in second round, and three in third round.
How long did this interview process take in total then?
The interview process took two months in total to complete.
Were there any personal / CV-based questions? If yes, what were they?
Explain past research experience and exposure to courses like econometrics and industrial organization. Also inquired into past internship experience and how the skills learned there can apply to the Analyst role.
Were there any competencies questions? If yes, what were they?
I was asked for experience in STATA, SAS, and Eviews, as well as basic understanding of Industrial Organization, as well as statistical analyses and regressions,
Were there any technical questions? If yes, what were they?
Asked questions regarding the definitions of a few specific terms including bias, statistical significance, and monopoly. Also asked how to determine equilibrium in perfectly competitive, and monopolistic markets.
What was the most difficult / unusual question among these? How did you deal with it?
Given a two different mergers and asked which would be more susceptible to JOD review. To determine the correct answer I reviewed the relevant markets of each company and picked the case where the companies were in different markets,
Any other weird questions we haven’t covered?
No weird questions, although on interview did revolve around discussing one associates children and family life. Also contained a lunch portion that was not involved in the interview process.
What was the most unexpected thing about this interview or whole process?
There was a writing sample and data analysis portion of the interview in which applicants were given 30 minutes to complete each one, which was surprising.
Did you get the offer?
Yes
How long roughly did it take for you to hear back about your offer?
1 month
Via what means did you hear back about this outcome?
Phone
Is there anything you wish you should have known or prepared for prior to applying to this company?
I would have better prepared myself to discuss by research sample. Some of the interviews dove really deep into past analysis and caught me off guard since I had performed the analysis months ago.
Overall, out of 10, how would you evaluate your experience applying to this company?
8
Finally, before you go, is there anything else you think will help other candidates get the offer here like you did?
Don’t be afraid to negotiate salary. I did not because it was my first job, but after staying for a few years, numerous other applicants did to some success I believe.
5/5 (1 Review)
5/5 (1 Review)

Written By Mai Le

Mai worked for Goldman Sachs in London for many years as an investment banking associate. When she was at LSE, her seniors used to pass her notes of their interviews as well as their cover letters, which helped her tremendously in her job search. This site is a way for her to pay it forward, obtaining qualified materials from her friends and contributors, and building a similar community to pass the resources on to you.

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