Job Vacancy - Oxford Economics - Economist
About Oxford Economics
Oxford Economics was founded in 1981 as a commercial venture with Oxford University’s business college to provide economic forecasting and modelling to UK companies and financial institutions expanding abroad. Since then, we have become one of the world’s foremost independent global advisory firms, providing reports, forecasts and analytical tools on more than 200 countries, 250 industrial sectors, and 7,000 cities and regions. Our best-in-class global economic and industry models and analytical tools give us an unparalleled ability to forecast external market trends and assess their economic, social and business impact.
Headquartered in Oxford, England, with regional centres in London, New York, and Singapore, Oxford Economics has offices across the globe in Belfast, Boston, Cape Town, Chicago, Dubai, Frankfurt, Hong Kong, Houston, Johannesburg, Los Angeles, Melbourne, Mexico City, Milan, Paris, Philadelphia, Sydney, Tokyo, and Toronto. We employ 400 full-time staff, including more than 250 professional economists, industry experts, and business editors—one of the largest teams of economists and thought leadership specialists. Our global team is highly skilled in a full range of research techniques and thought leadership capabilities, from econometric modelling, scenario framing and economic impact analysis to market surveys, case studies and expert panels.
We are looking to hire an economist to join the consulting directorate of Oxford Economics. The consulting team is based in OE’s London office and consists of around 30 economists. The team tackles a wide range of questions raised by our clients, from quantifying the economic impact of some of the world’s largest airlines and evaluating the effect on the UK economy of leaving the EU, to valuing the contribution of cultural institutions and assessing the impact of technological change on jobs. Further examples of our work are available here.
Economists in the consulting team typically work on two or three research projects at a time. Consulting projects usually run for between two and six months, and culminate in a report or presentation to a client. At any one time there are around 30 projects in progress across the directorate.
Economists are expected to contribute in a wide variety of ways, from statistical modelling and data analysis, drafting reports to a high standard and explaining results. More experienced Economists may manage smaller client engagements. Some specific types of analysis undertaken by our Economists include developing models based on input-output tables or econometric analysis; social return on investment and cost-benefit analysis; and the analysis of bespoke survey datasets.
The role offers an excellent opportunity to work with our diverse range of clients based all over the world and in all sectors. As well as strong quantitative analytical skills, our economists excel in written and verbal communication, allowing them to explain complex concepts in a clear and accessible way. Economists also have the opportunity to work with senior colleagues in ideas generation and the production of new research proposals for potential clients.
Key elements of the role include the following:
- Undertaking robust and rigorous economic analysis in the delivery of consultancy projects.
- Applying quantitative analytical techniques to large datasets using software such as Excel or Stata.
- Taking the lead on aspects of project work, with progression to managing projects.
- Communicating with clients and potential clients effectively, responding promptly and positively to their enquiries, with progression to handling existing and potential client relationships more fully.
- Working with senior colleagues to develop research proposals, project reports and presentations, with progression to leading on the development of new proposals.
- Being able to plan and structure one’s own project work, ensuring sufficient time for quality assurance from senior colleagues.
- Taking the initiative in suggesting ways to strengthen the quality of our analysis; with progression to proactively developing new business opportunities.
Skills and experience
Economists will be expected to have at least two years of prior experience working as a professional economist. The successful candidate will be rigorous, adaptable and creative in seeking solutions to difficult economic questions, and should also have the following attributes.
- Experience of quantitative economic analysis and dealing with a variety of data.
- Strong skills in Excel and the manipulation of large datasets.
- Evidence of successful quantitative project work and report-writing.
- Evidence of being creative in using economics to answer practical questions.
- Excellent written and verbal communication, including the ability to explain economic concepts and quantitative results, as well as their implications, to non-specialists.
- Attention to detail and a commitment to going the extra mile to produce rigorous, accurate work, within time and resource constraints.
- A post-graduate degree in economics or a closely related quantitative discipline.
- Familiarity with analytical techniques such as IO modelling, cost-benefit analysis, or econometrics.
- Expertise or experience of analysing large household survey microdata (such as the Labour Force Survey).
- Experience with quantitative analysis software such as R, Stata, Python or Eviews.
- Experience of client-facing work and a track record of successful quantitative project analysis.
- Experience of working in a consultancy or government.
How to apply
Applications will open in March 2021. Please click Apply Now to send your CV (resumé) and cover letter and complete the online application form. Your cover letter should clearly state your credentials and how you meet the person specification
The deadline for applications is the 5th April 2021, However, early application is strongly recommended. We review applications as they are received
Topics: Careers in the UK