Does Analysis Group conduct case interviews?

Analysis Group officially states on its website that it does not conduct formal case interviews. However, candidate reports on Glassdoor and Wall Street Oasis consistently show that final-round interviews include 1-2 economic consulting cases—particularly at the Analyst level. The cases tend to be unstructured, discussion-based, and focused on applying economic reasoning to business scenarios rather than following a structured case framework.

What is the Analysis Group interview process?

Analysis Group typically runs two rounds. Round 1 is a virtual behavioral interview with 1-2 consultants lasting 30 minutes, focused on your research experience, analytical projects, and behavioral questions. Round 2 is an in-person final round with 3-5 consultants for Analyst roles and 4-8 meetings for Associates, including behavioral, case discussion, and research walk-through components.

What does Analysis Group look for in candidates?

AG places heavy emphasis on five qualities: (1) quantitative aptitude—can you work with data, regressions, and econometric models?; (2) structured thinking—can you decompose complex problems clearly?; (3) research depth—do you have experience analyzing quantitative research or building models?; (4) communication—can you explain technical analysis to non-technical audiences?; and (5) intellectual curiosity and engagement with economics.

What types of cases does Analysis Group ask?

AG cases are economic consulting cases—they involve applying microeconomics, competition economics, or industrial organization theory to real business disputes or strategy problems. Common case topics include antitrust and merger analysis (e.g., 'two airlines want to merge—what issues arise?'), damages estimation, pricing strategy, and competition effects analysis. They differ significantly from standard McKinsey/BCG cases.

What is Analysis Group's starting salary for analysts?

Analysis Group Analysts typically start at $90,000–$100,000 in base salary, with performance bonuses of 5–15%. This is competitive with economic consulting peers (NERA, CRA, Cornerstone Research) but lower than MBB consulting entry-level ($112,000–$120,000 base). The trade-off is a more academic/research-oriented culture with less travel and more exposure to cutting-edge applied economics.

Analysis Group Case Interview: Format & Prep (2026)

Analysis Group's career page says they don't do case interviews. Dozens of Glassdoor reports say they absolutely do. The truth is somewhere in the middle—and being caught off guard by an economic consulting case in a "behavioral" interview is a fast way to lose an offer.

Here's what AG actually interviews look like, and how to prepare for every component.

What Analysis Group Is (and Why It Matters for Prep)

This distinction drives the interview. AG isn't looking for the same skills as McKinsey or BCG. They want:

Strong quantitative and econometric analysis ability
Deep research experience (thesis work, academic projects, prior internships)
Applied microeconomics knowledge (competition policy, pricing, game theory)
Ability to explain technical analysis clearly to lawyers and executives

If you've been preparing primarily for strategy consulting cases, you'll need to shift your approach for AG.

Interview Process: Two Rounds

Round 1: Virtual Behavioral (30 minutes)

One or two consultants. Almost entirely behavioral questions.

What they ask:

Walk me through a quantitative project you've worked on
Tell me about a time you worked with messy data and how you handled it
Describe a research paper or thesis you wrote—what was your methodology?
Why economic consulting over strategy consulting?
Why Analysis Group specifically?

What they're actually evaluating:

Whether you can speak precisely and technically about analytical work
Whether your quantitative experience is substantive (not just Excel-level)
Whether you understand what economic consultants do

Key preparation: Pick 2–3 research or analytical projects from your resume and prepare to discuss them at a technical level: What data did you use? What analytical method? What were the limitations? What did you find?

Round 2: Final Round (In-person or virtual, 2–3 hours)

For Analyst roles: 3–5 interviews with consultants at various levels, including behavioral, research discussion, and occasional case components.

For Associate roles: 4–8 meetings across partners and senior consultants.

Components you should prepare for:

Behavioral deep dives (same as Round 1, but more senior interviewers)
Research walk-through: You may be asked to discuss your most significant research project in depth—methodology, data, regression approach, findings, and limitations
Case discussion (not always formal): A business or economic scenario presented as a discussion, not a structured case
Micro-economics concepts: Some interviewers test basic microeconomics (supply/demand, elasticity, Nash equilibrium, game theory scenarios)

The AG Case: What Economic Consulting Cases Look Like

AG cases differ from standard consulting cases in three key ways:

Dimension	Strategy Consulting Case	Economic Consulting Case
Structure	Client problem → framework → recommendation	Economic argument → evidence → conclusion
Quantitative emphasis	Market sizing, back-of-envelope math	Regression design, statistical significance, damages estimation
Knowledge required	Business frameworks	Microeconomics, game theory, industrial organization
Output	Strategic recommendation	Expert opinion / economic analysis

Sample AG Case Scenario

Case prompt (from Wall Street Oasis, 2025): "Two major US airlines want to merge. They've hired AG to analyze whether the merger will harm consumers. Walk me through how you'd approach this analysis."

Strong answer framework:

Define the market: Which routes overlap? What's the geographic and product market definition? (Price, quality, alternatives)
Competitive effects analysis:
- Horizontal overlap: on overlapping routes, both carriers compete directly
- Pricing effect: are these routes highly concentrated (HHI analysis)? Will removing one competitor cause fares to rise?
- Coordinated effects: even on non-overlapping routes, will the merger facilitate tacit collusion?
Efficiencies and consumer benefits:
- Cost synergies from combined operations
- Network effects: does the merger improve connectivity for travelers?
- Are benefits large enough to offset competitive harm?
Data and methodology:
- Regression analysis of historical price effects at merging airports
- Diversion ratio analysis (what % of passengers would switch to the other carrier vs. alternatives)
- Upward Pricing Pressure (UPP) test
Conclusion: AG would assess whether efficiencies outweigh anticompetitive effects and advise the client accordingly.

What Economics Knowledge to Review

Most AG candidates come from economics or quantitative backgrounds. Brush up on:

Topic	Why It Matters
Demand elasticity	Foundation of pricing cases and consumer harm analysis
Nash equilibrium / game theory	Coordination effects in antitrust cases
HHI and market concentration	Required for merger analysis
Regression analysis (OLS)	Core methodology for most AG projects
Price discrimination	Comes up in antitrust and pricing strategy cases
Damages estimation	Core deliverable in litigation support engagements

If you studied economics at undergrad level or above, most of this should be familiar. If not, a 20-hour review of Pindyck & Rubinfeld's "Microeconomics" covers the core concepts.

Comparison: AG vs. Other Economic Consulting Firms

Firm	Focus	Case Style
Analysis Group	Antitrust, litigation, financial analysis	Behavioral + occasional case
Charles River Associates (CRA)	Competition economics, regulation, litigation	Guided case + behavioral
NERA Economic Consulting	Finance, antitrust, energy	Mix of behavioral and case
Cornerstone Research	Securities litigation, M&A damages	Written case component heavy

See our Charles River Associates case interview guide for a detailed comparison with CRA's process.

Preparation Checklist

Checklist

Execution checklist

Prepare 3 quantitative project stories (STAR format with technical detail)
AG evaluates research depth more than case skill—your stories are 60% of the interview
Review antitrust economics basics: HHI, market definition, pricing effects
Economic cases at AG require vocabulary and concepts beyond standard business frameworks
Read AG's published reports and expert declarations
Understand what the firm's work actually looks like; name specific cases or reports in your 'why AG' answer
Practice articulating statistical findings to non-technical audiences
You'll often explain regression results to lawyers—clarity is as important as technical accuracy
Prepare a clear 'why AG vs. strategy consulting' narrative
Every interviewer will ask; having a specific, research-motivated answer demonstrates genuine interest

Connecting to Broader Prep

AG interviews are less about case frameworks than most consulting interviews. Still, MECE thinking, structured problem decomposition, and case interview communication tips all apply to the economic case discussions.

For the behavioral component, review behavioral interview consulting and practice STAR-format stories specifically about quantitative and research projects.

Test Your Knowledge

Test yourself

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Question 1 of 3

Which type of analysis is Analysis Group most commonly associated with?

Sources and Further Reading (checked March 25, 2026)

Analysis Group Interview Tips and Tricks (official PDF): analysisgroup.com/globalassets/careers/interview_tips_and_tricks.pdf
Analysis Group FAQ — Careers: analysisgroup.com/careers/faqs
Hacking the Case Interview — Analysis Group Guide: hackingthecaseinterview.com/pages/analysis-group-case-interview
Wall Street Oasis — Analysis Group Interview Reports: wallstreetoasis.com/company/analysis-group/interview
Management Consulted — Analysis Group Profile: managementconsulted.com/analysis-group

Analysis Group Case Interview: Process, Question Types, and How to Prepare (2026)