GSE Consulting Day 2010: Frontier Economics

Student presentation Barcelona GSE 26th February 2010

Frontier Economics
Working at Frontier Economics
Application

Frontier Economics Use economics to provide advice in real problems London (1999)
Economic consulting firm
Offices
75 economists Independent and self-owned Cologne (2003) Brussels (2006) Madrid (2008)

We work … … in many sector and practice areas Energy Financial services Healthcare Media Post Retailing Telecoms Transport Water Competition policy Public policy Regulation Strategy Contract design Dispute support services Market design and auctions

… on high profile issues Public policy Health care reform Competition policy Competition in UK Supermarket sector Energy Impact of carbon trading mechanism Regulation Spectrum valuation and allocation

We advise firms, governments … … and public institutions

Use microeconomics… What micro offers
A framework to identify the key issues of our clients’ problems and to understand:
how markets work
how incentives play out (market design)
Point towards the empirical exercises that need to be undertaken in order to answer the questions posed Tools (many times statistical) to answer these questions … to advise clients in different matters In every case, COMMUNICATION is key – it’s a consultancy business!!

Frontier Economics
Application

Stimulating work
Core skills used and practiced on a day-to-day basis
Analytical Work Management Consulting Core skills
Setting up the economic framework
Use of quantitative techniques
Prioritise tasks in order to deliver on schedule
Ability to work in teams
Produce clear and accurate written work
Deal with clients

No fixed teams Project specific teams assembled Day to day work at Frontier Economics Teams Typical to work on 2/3 projects at a time Workload Work in-house Workplace Nature of work determined by the projects you are on Day agenda

Emphasis on career development… Belief that core skills are common across projects Encourage to work across practice areas Work and learn from some of the best economists in their field Ability to develop specialist skills Panel data econometrics Applied / Technical Auctions Theoretical Air transport Practice Area

… and on working environment Flat hierarchichal structure Open space workplace
Extra-labour events
parties
championships
trips

Frontier Economics
Application

A typical selection process will include… Submitting your CV and covering letter Interviews Decision Can do through our web page: www.frontier-economics.com
Chat about:
CV
Covering letter
Case study
Welcome to Frontier Economics! 1 2 3

Frontier Economics Limited in Europe is a member of the Frontier Economics network, which consists of separate companies based in Europe (Brussels, Cologne, London and Madrid) and Australia (Melbourne & Sydney). The companies are independently owned, and legal commitments entered into by any one company do not impose any obligations on other companies in the network. All views expressed in this document are the views of Frontier Economics Limited.

GSE Consulting Day 2010: Frontier Economics

by Barcelona Graduate School of Economics (GSE) on Feb 26, 2010

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GSE Consulting Day 2010: Frontier Economics — Presentation Transcript