Today, as we continue our firm profile series, we’re looking at Analysis Group. Founded in 1981, Analysis Group is one of the largest economic consulting firms in North America. Stacked full of big-brained folks, most of the firm’s 1,000-strong staff hold advanced degrees in law, economics, finance, accounting or business.
It’s not just the impressive credentials that sets employees apart; Analysis Group has a strong reputation as a great place to work and has scooped up a hatful of awards, including Glassdoor’s 2015 Employees’ Choice Award for small and medium businesses. Not a small, or even a medium, deal.
Headquarters: Boston, MA
Employees: 1,000+ Consultants
Locations: 14 Offices
Chief Executive: Martha S. Samuelson
Engagement Cost: $450K (estimated)
ANALYSIS GROUP HISTORY
Analysis Group was formed by Bruce Stangle and Michael Koehn in 1981 in Belmont, MA. Both former Arthur D. Little consultants and PhDs, Analysis Group’s initial focus was on mergers and acquisitions before moving into other areas such as intellectual property and antitrust. The firm’s ethos, as evidenced by their bent toward advanced degrees, is a blend of academia and business litigation through economic research.
Initially working out of nine offices in the U.S. and one in Montreal, in the last decade Analysis Group has begun to stretch its wings internationally, having opened a Beijing office in 2012, as well as 3 offices in Europe (Brussels, London, Paris).
ANALYSIS GROUP CAREERS
As Analysis Group has grown over the past few years, the firm has become well known for creating a collaborative environment. Everyone is in it together and everyone wants to help each other succeed.
Compared to MBB, you’re unlikely to get as much access to C-level execs, but you are going to work with a large number of experts across a number of fields. To use its legal work as an example, Analysis Group has worked with the 25 largest law firms in the country, giving you access to some of the greatest legal minds around.
On a day-to-day basis, you may be helping a law firm critique an opponent’s expert analysis and developing financial models, or you may be working with government and corporate clients, helping them value companies, analyzing markets for mergers and acquisitions.
Analysis Group seems to be uniquely positioned in the consulting world. In some ways, it feels like a boutique firm, whereas in others it feels like a pure strategy firm.
- Antitrust & Competition
- Class Certification
- Commercial Disputes
- Data Science & Statistical Modeling
- Energy & Environment
- Epidemiology & Biostatistics
- Government & Corporate Investigations
- Healthcare Consulting Services
- Intellectual Property
- International Arbitration
- Labor & Employment
- Media, Entertainment & Communications
- Privacy & Data Security
- Securities, Financial Products & Institutions
- Strategy, Policy & Analytics
- Surveys & Experimental Studies
- Tax & Accounting
- Transaction & Governance Litigation
Analysis Group is mostly known for its economic consulting and work with law firms and governments. However, it also offers economic, financial, and strategy consulting services to corporations and government agencies.
Analysis Group Locations
- Beijing, China
- Montreal, Quebec
- Brussels, Belgium
- London, UK
- Paris, France
- Boston, MA
- Chicago, IL
- Dallas, TX
- Denver, CO
- Los Angeles, CA
- Menlo Park, CA
- New York, NY
- San Francisco, CA
- Washington, DC
As the firm’s headquarters, Analysis Group Boston is the firm’s flagship office and the most competitive one to break into.
Analysis Group Career Path
Analysis Group is pretty prescriptive in terms of the careers that are open to its employees, depending on your level of education. If you are an undergraduate or a graduate, you will start out as an Analyst. At other firms, an MBA or Advanced Degree is a surefire way of getting hired into a more senior role, but relevant experience will also open that door to you. At Analysis Group, however, you simply will not get above the analyst pay grade without an MBA or a PhD.
If you do have the requisite education, you will be hired as an Associate. From there, assuming all goes well, you will then become a Manager, then Vice President, followed by Principal and Managing Principal.
Analysis Group Internship
An Analysis Group internship can take the form of either a Summer Analyst (undergrad) or Summer Associate (MBA). As with most internships, the goal for the firm is lock down full-time talent early, which is why ~80% of the firm’s internship slots go to students at its target schools. Because of the dearth of internship slots as compared to full-time, the Analysis Group internship process is more competitive.
Opportunities abound for Analysis Group alum. Even though Analysis Group is a boutique firm, the work it does is across a broad enough spectrum of industries and practice areas that you will not be pigeonholed in the same way you would be coming from other boutique firms.
Compared to MBB, whose alumni often go on to become CEOs at brand name companies, Analysis Group’s alum portfolio is not as impressive – but should be no means be disregarded. Having Analysis Group on your resume conveys intelligence and a driven, high-performing nature.
One thing that cannot be ignored: given the high number of staff members with PhDs and Law Degrees, one common exit opportunity is to go back into academia or law. In addition to this, having so many staff members with degrees that are uncommon among the mainstream field of management consultants gives former Analysis Group staff the chance to exit into fields that are unavailable to most management consultants.
It’s often said that one year in consulting is worth three years in the industry, and working at Analysis Group is a valuable experience to have, no matter what you want to do after.
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ANALYSIS GROUP CULTURE
Analysis Group’s firm culture is one of its strongest selling points. Analysis Groupers can’t seem to stop themselves from waxing lyrical about how great it is to work there, how great the management staff is etc. etc. etc. – always a good hallmark of any culture.
Just like that friend of yours who’s saturating social media with pictures of their new kitten, Analysis Groupers gushing praises can start to sound a bit monotonous after a while. Let’s not forget, however, that having staff who are as happy as Analysis Groupers seem to be really does speak volumes about what it must be like to work there.
Among the many things Analysis Group consultants can’t seem to get enough of is the work-life balance at the firm (although you should not be surprised if you’re working 16+ hours days as you approach important deadlines), the fact that you don’t have to travel as an Analysis Group consultant and the investments that middle and senior management make in junior colleagues.
In terms of career development, again, the report is very positive. There are lots of informal training opportunities, classes and support if you’re applying for grad school.
The whole grad school issue does raise an important consideration for those of you without advanced degrees. Without an MBA or a PhD, you won’t get very far up the ladder, which, no matter how talented you are, is going to have a huge bearing on your compensation. The good news? Analysis Group pays if you want to go back – yet another reason to rave about how great it is to work there.
Analysis Group Salary
For a full look at Analysis Group salary at either the Analyst or Associate level, check out our salaries report.
- Access – Maintaining close ties to top-level individuals in government, academia, and industry, with the goal of providing clients, access to the best people possible.
- Collaboration – Fostering good relationships within teams, between teams, and with clients.
- Responsiveness – As a result of all the work they do with experts, Analysis Group can quickly identify whom to work with and can scale their cases up or down as the situation requires.
- Pragmatism – A simple focus on workable and relevant solutions.
While most of the awards Analysis Group wins are internal (large cheering section of employees), the firm is recognized externally as well:
(2015) “Best Place to Work” Employees’ Choice Award, small to medium businesses – Glassdoor
(2015) #23 in The Top 50 Consulting Firms – Vault
(2014) Top 100 Women-Led Businesses in Massachusetts – Commonwealth Institute
ANALYSIS GROUP INTERVIEWS
About half of Analysis Group’s recruitment comes from its presence on various campuses, with another large portion coming from online applications. The firm generally conducts interviews over two rounds. The first interview is either on campus or over the phone and the second is in-office.
While it is always a smart move to be sharp when it comes to cases, at Analysis Group, they don’t do case interviews. What?! That’s right – they are one of the only firms without a focus on cases. It’s a great news for those of you with dazzling personalities who break into hives at the sight of mental math.
As such, you need to make sure you can talk about your resume and your experience backward, forwards and at length. Analysis Group places a much higher value on the fit element of the interview when compared with other firms, so be prepared with 15+ specific stories.
Analysis Group recruits at a very small number of schools, and the schools are usually tied to the presence of a hot, fast-growing regional office.
- University of Pennsylvania
- University of Virginia
- George Washington University
Analysis Group is an Equal Opportunity Employer – but other than that, it doesn’t have focused programs that could help with recruiting.
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