Analysis Group Interview 2026: Process, Questions, Case Prep

Updated Nov 12, 2026By Esteban Ronsin · Founder · former Deloitte and Accenture Strategy consultant

The Analysis Group interview is behavioral first: Analysis Group interview questions center on your own data and research projects, and the Analysis Group interview process has no formal case. That does not make an Analysis Group case interview impossible. The firm says scenario questions that resemble case prompts can come up in the Analysis Group first round interview or the Analysis Group final round interview, so prepare a sharp project story and a structured way to reason through an economics problem.

How does the Analysis Group interview process work?

You apply with the materials the job posting lists, sit a 30-minute virtual behavioral interview, then a final round of three to five meetings (four to eight for Associates), and usually hear back within three weeks. That is the process in Analysis Group's careers FAQ and its interview tips, checked November 3, 2026. Click a stage to see what AG tests there and the practice that matches it.

Interview process

From application to Analysis Group offer

Apply any time

Full-time recruiting runs September to March, internships October to March. Send every material the posting lists.

Practice for Analysis Group in a real case interview

Practice for Analysis Group in a real case interview

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Start free Analysis Group practice

Analysis Group is an economic consulting firm with 15 offices across North America, Europe and Asia, working in practice areas that include antitrust, health care, data science, energy and climate, technology, intellectual property, and health economics (HEOR); interview schedules can vary by office. The Analyst role is for undergraduates or master's graduates without relevant work experience; the Associate role is for master's graduates with four or more years of relevant experience, or MBA and PhD holders.

Economics-style practice cases at a glance

How an Analysis Group case works: the interview is behavioral first with no formal case, but scenario questions that resemble case prompts can come up, so practise reasoning through an economics problem out loud.

Start free now: Biopharma Outsourcing to Mexico is a BCG-style operations case adapted from the Wharton casebook: a US maker of life-saving biomaterials, with manufacturing costs up since COVID, is weighing Mexico facilities. It has 7 questions, 1 with math, 1 exhibit, and a median of 22 minutes across 14 completed voice runs. An AI interviewer runs it out loud, shows each exhibit when you reach it and scores the debrief. Your first full case is free when you create an account.

Case (style, industry)Quant difficultyQualitative difficultyThe math you runMedian time
Biopharma Outsourcing to Mexico (BCG, biomanufacturing). 7 (1 with math), 1 exhibit.
easymediumVariable cost per unit, annual savings22 min, 14 voice runs
Nashville Legends: Live Venue Profitability (BCG, live events). 8 (4 with math), 3 exhibits.
mediummediumShow revenue, profit, switching payback23 min, 16 voice runs
Lux Rides Vietnam Pricing (McKinsey, luxury mobility). 8 (3 with math), 3 exhibits.
hardmediumLanded cost, minimum price, revenue indexFewer than 10 runs
HarborHealth Acquisition of MedLink Virtual Care (BCG, digital health). 8 (2 with math), 4 exhibits.
mediumhardEV/EBITDA multiple, maximum justified offer27 min, 28 voice runs

Two are adapted from consulting club casebooks (Wharton); the rest were written for Road to Offer. The library has no case in Analysis Group's own style, so these are matched by case type to what Analysis Group asks. None is Analysis Group's own material. More are in the case library, 92 cases in all. Every debrief scores seven categories: structure (25% of the score), quantitative analysis (20%), business judgment (15%), and problem understanding, exhibit reading, communication and synthesis (10% each), with feedback on every question. Median times come from completed runs between June 25 and September 22, 2026, and count runs, not people.

Does Analysis Group do case interviews?

No formal case: Analysis Group's interview tips say formal case studies are not part of the process, but scenario-based questions that resemble case prompts may come up. AG says those questions show how you think through problems in a way that matches its work, and its advice for them is to prepare a clear, structured story about a project you worked on.

Candidates report questions in that style. An Associate candidate on Wall Street Oasis (Chicago, interviewed December 2024) was asked what they would look at if securities issuers had not followed Dodd-Frank rules and investors claimed harm, then what they would look at when defending the issuer.

A scenario question at an economic consulting firm usually comes from litigation or regulatory work: a merger, a pricing dispute, a damages claim. You will not get a numbered exhibit pack and a fixed framework; you get a prompt and a conversation. Practice taking a vague prompt to a clear structure:

The case framework method: clarify, build the tree, prioritize, communicate

Learn the case method

One dense lesson, each step linked to the drill that trains it.

Here is a scenario we wrote in that style, not an AG question: "Two US airlines want to merge. How would you assess whether the merger harms travelers?"

  1. Define the market: Which routes overlap, and what alternatives do travelers have on each (other carriers, other airports, rail)?
  2. Measure concentration: Compute the Herfindahl-Hirschman Index (the sum of squared market shares) on each overlapping route. The 2023 Merger Guidelines presume harm when a merger creates a market above 1,800 and raises the index by more than 100 points.
  3. Estimate the price effect: How many passengers would switch to the merging partner rather than a third carrier if fares rose? Past fare changes after earlier airline mergers are the natural data.
  4. Weigh efficiencies: Lower costs or better connections help travelers only if they are large enough to offset higher fares on overlap routes.
  5. Conclude with the evidence: State which routes raise concern and what data would change your answer.

That reasoning needs comfort with data and quick math more than a framework. The library has no antitrust case, but Gamma Airlines trains the same data reading: benchmark a carrier against its competitors and find which revenue line explains the gap. It is original practice, not AG material.

Worked Examples From Real Practice Cases

Three cases from our library match the work economic consultants do: valuation, pricing and health care capacity. They are practice cases, not Analysis Group material, and every number below comes from the case's own exhibits.

Worked example: valuing a telehealth acquisition

The prompt: In this BCG-style case, HarborHealth, a regional network of 95 outpatient clinics, is considering buying MedLink Virtual Care. MedLink's shareholders ask for an enterprise value of $420M. Should the deal proceed, and under what conditions?

Ask first: Do the base-case synergies include revenue upside? The case answers no: only cost synergies count, and revenue synergies are upside.

Structure: strategic fit, standalone value against peers, synergies net of integration cost, then integration risk.

StepCalculationResult
Implied multiple$420M / $25M 2024 EBITDA16.8x, about 20% above the 14.0x peer median
Standalone value$25M x 14.0x$350M
Synergy value$18M x 70% capture x 10x$126M
Integration costone-time-$45M
Maximum justified value$350M + $126M - $45M$431M

Recommendation: Proceed only with price discipline. The $420M ask leaves $11M of headroom, and the value disappears if synergy capture falls from 70% to about 64%, because the full synergy pool is $180M. Open below the ceiling, around $410M, and tie payments to data migration and privacy milestones. This is the habit a valuation or damages question rewards: show the bridge, then name the one assumption it depends on.

Practice a real healthcare M&A case

Practice a real healthcare M&A case

HealthcareMedium

Start free Analysis Group practice

Worked example: pricing a luxury scooter in Vietnam

The prompt: In this McKinsey-style case, Lux Rides is launching Model Z, an Italian-made luxury scooter, in Vietnam. What launch price maximizes revenue over the first two years?

Ask first: Is the 10% minimum margin measured on the selling price or as a markup on cost? The case says on the selling price.

Structure: the cost floor, the market benchmark, customer willingness to pay, then competitor response.

The floor comes from Exhibit A, in millions of Vietnamese dong (VND): components 7.3 + 13.2 + 3.5 = 24.0, shipping 12.5% of that is 3.0, and the 20% tariff on the imported Spain and Italy components only is 4.1. Landed cost is 31.1. For a 10% margin on price, P = 31.1 / 0.9 = 34.6. Then price each survey point from Exhibit C by the share of high net worth buyers who would purchase a scooter:

Price (M VND)Share who buyRevenue indexAbove 34.6 floor?
2050%10.0No
4024%9.6Yes
505%2.5Yes
600%0Yes

Recommendation: Test a price of 40M VND. It is the best feasible survey point and gives a 22.25% margin on the stated landed cost, below the roughly 50M VND motorcycle benchmark. Confirm it with real purchase tests before committing for two years. This is demand-curve thinking with a cost constraint, the same logic behind a pricing dispute.

Practice a real automotive pricing case

Practice a real automotive pricing case

AutomotiveHard

Start free Analysis Group practice

Worked example: sizing specialists for older patients

The prompt: The Sydney Department of Health finds that people above 60 are dissatisfied with the time and quality of their care. What should it investigate and change?

Ask first: Which part of the system drives the complaints? The case answers hospital services: older patients are generally happy with community medical centres.

Structure: map the hospital journey before, during and after care, then test feasibility: funding, management and staff support. The review confirms missing medical histories and overloaded doctors, so the client asks how many more specialists it needs.

Use the case's illustrative inputs, which are not Sydney facts:

  1. Older share: (80 - 60) / 80 = 25% of 16M people, so 4M people.
  2. Visits: 4M x 4 per year = 16M visits.
  3. Capacity: 8 hours x 5 days x 50 weeks = 2,000 hours, at 2 visits per hour is 4,000 visits per specialist.
  4. Need: 16M / 4,000 = 4,000 specialists, minus 1,000 existing, so 3,000 more.

Recommendation: Make patient histories available to hospital doctors, redeploy specialists and hire in phases. Call 3,000 a capacity scenario, three times today's pool, and validate real demand, utilization, recruitment lead times and what redeployment leaves behind in community centres. Showing how the answer moves with each assumption is the data habit AG looks for.

Practice a real public sector operations case

Practice a real public sector operations case

Public sectorMedium

Start free Analysis Group practice

What do the Analysis Group first and final round interviews look like?

Both rounds are behavioral: one 30-minute virtual conversation first, then three to five meetings for Analysts (four to eight for Associates), usually in person. Analysis Group's interview tips add that every interview leaves time for your questions about the role and the firm.

First round

virtual

  • 30 minutes with one or two consultants
  • Behavioral, with a data project walk-through

Final round

usually in person

  • Analysts: about 3 to 5 meetings
  • Associates: 4 to 8 meetings

Experience, teamwork, leadership, career goals

Scenarios

possible

  • No formal case study
  • Questions that resemble case prompts

What happens in the Analysis Group first round interview?

A 30-minute virtual conversation with one or two consultants, built on behavioral questions. The question AG lists first asks you to walk through a project where you analyzed data, including the model or statistical programming language you used, why it fit and what went wrong. Pick two or three projects from your resume and prepare each at a technical level: the data, the method, the limitations and what you found.

What happens in the Analysis Group final round interview (Superday)?

Your research, past work and internships, teamwork and leadership, and career interests, across a day of meetings that candidates call the Superday. AG's careers FAQ says the meetings mix formal and conversational settings, are typically in person (virtual options exist), and ask Analysts to talk through a research or quantitative project: data analysis, a model built in an internship, or a course research paper. One candidate on Glassdoor reports a 30-minute first round and four back-to-back final interviews on the same day.

Candidate reports on Wall Street Oasis, read November 11, 2026, fill in the day:

Candidate (interviewed)What the Superday looked like
Summer Analyst, San Francisco (October 2026)Offered in person or virtual; four back-to-back 30-minute interviews: three with managers on background and behavioral questions, the fourth a two-on-one coffee chat with an Analyst and an Associate
Summer Analyst, Boston (February 2021)A coffee chat and an HR check-in, then four 25 to 30 minute interviews; the middle two covered technical concepts from the resume and econometrics
Associate, Chicago (December 2024)A one-hour research presentation, lunch, six half-hour interviews and a dinner

None of these reports describes a formal case: the technical depth comes from your own projects, and the one scenario prompt is the Associate question in the case section above.

Analyst vs Associate: what changes in the interview?

Associates meet more consultants, and PhD candidates present their research in a job talk. Both tracks start with the same 30-minute behavioral first round (AG careers FAQ, checked November 3, 2026).

AnalystAssociate
Who appliesUndergraduate or master's, no relevant experienceMaster's with 4+ years' experience, MBA or PhD
Final roundAbout 3 to 5 meetings4 to 8 meetings, varies by degree
ResearchTalk through a quantitative projectPhDs give a job talk on their research

What are common Analysis Group interview questions?

Analysis Group publishes five sample questions: a data project walk-through, persuading someone, a project that went off plan, working with a team unlike you, and (for PhDs) your research. They are in its interview tips; here is what each one tests and how to answer.

Question themeWhat a strong answer shows
A project where you analyzed dataThe question, the method or language, why it fit, the challenges
A time you persuaded someoneEvidence you used, not just persistence
A project that did not go as plannedHow you told others and what you changed
A team with different backgroundsWhat you learned and did differently
PhDs: your job market paperMethod, identification and limitations, in plain words

AG suggests framing each answer as situation, goal, actions, result and what you learned. Candidates on Wall Street Oasis (WSO) report opening questions such as "tell me about yourself" and "why economic consulting?" before a long discussion of an analytical project, and Glassdoor reviewers mention occasional statistics or health care questions. For "why Analysis Group?", name a specific practice area or published case. The behavioral interview guide shows how to build those stories.

What technical questions does Analysis Group ask?

Follow-ups on the methods in your own work rather than a stand-alone test: candidates report being asked to explain a statistics or econometrics concept they have used, a specific step in their research paper, and their project to someone outside the field. These are questions candidates posted on Wall Street Oasis, read November 11, 2026:

  • "Explain a concept in statistics or econometrics that you have used in your prior work." (Summer Analyst, Boston, interviewed February 2021)
  • How they handled an interaction term in Stata in their research paper, with follow-ups on why they chose that approach and how they read the results. (Summer Analyst, Los Angeles, October 2026)
  • "Can you explain your project to a layman?" (Analyst Intern, Washington, October 2023)
  • "Tell me about a time you worked with data." (Summer Analyst, San Francisco, October 2026)

Review the concepts behind your own projects before general theory: what a regression coefficient means, correlation versus causation, what an omitted variable would do to your estimate, and how dropping missing records changes the sample you describe. If a method is on your resume, expect to defend it.

How do you explain a quantitative project in an interview?

Make your analytical choices visible, including what the result cannot establish. AG's interview tips, checked November 2026, ask about your method, why you chose it and the challenges you faced. Use this original teaching example as a structure, not as an experience to claim or a reported AG answer:

In a course project, I investigated whether bus delays were associated with lower lecture attendance. I matched service-delay records to attendance by class date. I used R to compare attendance on delayed and normal days, accounting for weekday and weather. I handled the data matching and model checks; my teammate prepared the charts. Missing attendance records meant we could not describe every class reliably. The association remained in the observed classes, but we could not claim delays caused absences because other differences could explain it. I presented that limitation alongside the finding and would seek better attendance coverage before recommending a timetable change.

The answer gives a question, personal contribution, method, finding and limitation without inventing a causal result. Replace each part with something you actually did. For practice, ask a partner these follow-ups, which we wrote rather than copied from AG's question list:

  • What observation did each row represent, and how did you check the join?
  • Why was that comparison appropriate, and what alternative did you reject?
  • Would excluding incomplete records change the population you describe?
  • How would you explain the finding without statistical terminology?

Do you need coding experience, and what should health care candidates review?

Coding experience is not required for the Analyst role. AG's Analyst page, checked November 2026, says it provides programming training, including Python and R. If your resume names a language, prepare to explain what you used it for.

For HEOR, Epidemiology & Market Access interviews, AG's interview tips, checked November 2026, specifically recommend its practice pages and the Relaxicalm Study. The PDF describes this as a way to learn about stages of health care work and consultants' roles in a drug study. Start with the HEOR practice overview, checked November 2026. Our preparation suggestion: choose one research question and explain the data, comparison and limitations you would need to address it.

What does Analysis Group look for in candidates?

Six areas, according to its interview tips: analytical reasoning, command of your own research and data projects, programming and data experience or interest, communication and leadership, collaboration, and curiosity about AG's work. Problem solving comes first, which is why scenario questions can appear even without a formal case.

AG does not list a required economics background, but its tips tell candidates to learn about economic consulting before the interview. If your studies were light on economics, review these topics, which come up in AG's litigation and regulatory work:

TopicWhy it matters
Demand elasticityThe basis of pricing questions and consumer harm
Market concentration (HHI)The first screen in merger analysis
Regression (OLS)How effects are measured and controlled
Price discriminationComes up in antitrust and pricing disputes
Damages estimationComparing what happened with a but-for world

You will typically hear back within 2 weeks of a first-round interview and within 3 weeks of a final-round interview. If you hold a competing offer, AG asks you to tell your recruiter as soon as possible.

What should your Analysis Group resume and cover letter show?

The materials the job posting lists, a cover letter addressed "Attn: Recruiter", and your geographic preferences if you apply to more than one office. Analysis Group's careers FAQ says applications are not complete until every required material is in.

Make the analytical question, method and conclusion visible, since the first-round interview will ask you to defend them.

For Analyst applications, AG's role page, checked November 2026, lists a resume or CV, a cover letter with geographic preferences, and unofficial transcripts. Our suggested cover-letter outline is: name the role and preferred offices; explain one analytical contribution you can defend; connect that experience to a specific part of AG's work. Keep the letter consistent with your resume rather than adding methods you have not used.

Document elementEvidence to showWeak signal
Research questionThe decision or hypothesis tested"Conducted analysis"
MethodAn approach you can explainA software name alone
CommunicationAudience and conclusion"Made slides"
ResultThe finding the evidence supportsA causal overclaim
  • Before: Conducted quantitative analysis.
  • After: Tested the demand question across two data cuts and summarized the result for the project sponsor's decision.

The resume step in the process above grades your resume before you send it.

When does Analysis Group recruit, and when is the internship?

Full-time recruiting runs from September to March and internship recruiting from October to March; the paid summer internship runs 10 to 12 weeks, from early June to mid-August. These windows are on AG's careers FAQ, which also says applications are accepted at any time:

  • Sep-MarFull-time cycle

    Analyst and Associate, full time

    Primary recruiting cycle for consultant roles

    Cycle running
  • Oct-MarInternship cycle

    Summer Analyst and Summer Associate

    Analysts: rising seniors or master's students graduating next year

    Cycle running
  • Early JunInternship starts

    Summer internship, 10 to 12 weeks

    Paid; runs to mid-August; off-cycle internships are not typical

    Summer 2027

Checked on Analysis Group's careers FAQ, November 3, 2026.

Summer Associate interns are MBA, master's or doctoral candidates one year from finishing their degree. If you are not selected for an internship, AG encourages you to apply for a full-time role. AG sponsors work authorization for consultant and data science positions, though not administrative ones. The 2027 Summer Analyst posting adds that AG does not sponsor internships.

How much does Analysis Group pay Analysts?

Analysis Group's 2027 Analyst - Generalist posting gives an estimated salary of $105,000 plus eligibility for a discretionary annual bonus, and Summer Analysts are paid $2,000 a week. Both figures are on AG's own job postings, checked November 11, 2026; the Analyst posting says actual pay depends on experience, education, skills and qualifications.

2027 postingOffices listedPayDeadline and interviews
Analyst - GeneralistChicago, Denver, Los Angeles, New York, Washington, DC$105,000 estimated salary, plus discretionary bonusDeadline September 9, 2026; interviews from mid to late September
Summer Analyst Intern - GeneralistBoston, Chicago, Denver, Los Angeles, New York, San Francisco$2,000 a weekDeadline September 30, 2026; interviews from early to mid October

Both postings require at least a 3.3 GPA in your most recent degree and keep reviewing applications on a rolling basis after the deadline, so a late application can still be considered. Summer Analysts are evaluated for a full-time Analyst offer in the office where they intern.

Analysis Group vs Cornerstone Research and CRA: how do the interviews compare?

Analysis Group runs behavioral interviews without a formal case; Cornerstone Research gives a case in each of its two rounds. Both pages were checked November 3, 2026.

Analysis GroupCornerstone Research
First roundOne virtual 30-minute interview with 1 or 2 consultantsTwo virtual 30-minute interviews
Final round3 to 5 meetings (Analysts), 4 to 8 (Associates)Four 45-minute interviews plus lunch
CaseNo formal case; scenario questions possibleA different case each round

The Cornerstone Research case interview guide walks through its practice cases, and the Charles River Associates case interview guide and NERA guide cover two more economic consulting firms. To place AG against strategy, operations and Big 4 firms, see the main types of consulting firms.

How should you prepare for an Analysis Group interview?

Two to three weeks: project stories first, then economics basics, then mock interviews with a scenario question at the end.

Execution checklist

  • Prepare 3 data or research project stories at a technical level. AG's first sample question is a walk-through of a project where you analyzed data, including the model and language you used

  • Review antitrust and damages basics: HHI, market definition, but-for worlds. Scenario questions come from AG's litigation and regulatory work

  • Read AG's case studies and practice area pages. AG tells candidates to review its work, staff highlights and news; name a specific case in your 'why AG' answer

  • Practice explaining a statistical result to a non-technical listener. Communication is one of the six areas AG assesses

  • Prepare a few questions for each interviewer. Every AG interview leaves time for your questions, and AG lists curiosity as an assessed area

You may use AI to research the firm and practice answers, but not during interviews, and you may not record an interview or use AI note-taking without written approval (AG careers FAQ). For the scenario questions, issue trees, MECE thinking and case interview communication still apply; the content is economics rather than business strategy.

Three ways to practice for Analysis Group

  • Run a full case. 92 cases in voice or guided text, scored on seven dimensions.

    Start a free case
  • Drill one skill. 550+ drills across 6 skill types.

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  • Practice your firm's test. Solve, Casey, CCA, SOVA and TestGorilla, each free to try.

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Sources

  1. Analysis Group: Interview Tips and Tricks (PDF, 2026). analysisgroup.com (checked November 3, 2026)
  2. Analysis Group: Careers FAQ. analysisgroup.com/careers/faqs (checked November 3, 2026)
  3. Cornerstone Research: The Interview Process. cornerstone.com/careers/analyst/interview-process (checked November 3, 2026)
  4. U.S. Department of Justice and Federal Trade Commission: 2023 Merger Guidelines. justice.gov/atr/2023-merger-guidelines (checked November 3, 2026)
  5. Wall Street Oasis: Analysis Group Interview Reports. wallstreetoasis.com (candidate reports; read November 11, 2026)
  6. Analysis Group: Analyst role, Career Path and How to Apply. analysisgroup.com/careers/career-path/analyst (checked November 2026)
  7. Analysis Group: HEOR, Epidemiology & Market Access. analysisgroup.com (checked November 2026)
  8. Analysis Group: Analyst - Generalist (2027 Start Date) job posting. analystcareers-analysisgroup.icims.com (estimated salary, bonus, GPA minimum, deadline, sponsorship rule; checked November 11, 2026)
  9. Analysis Group: Summer Analyst Intern - Generalist (2027 Start Date) job posting. analystcareers-analysisgroup.icims.com (weekly pay, GPA minimum, deadline; checked November 11, 2026)

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