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Associate - EY-Parthenon - Decision Modeling & Economics (2026 Graduates) - Job Opportunity at EY

Singapore, SG
Full-time
Entry-level
Posted: July 10, 2025
On-site
SGD 65,000 - 85,000 per year. Entry-level associates at Big Four strategic consulting practices in Singapore typically earn between SGD 65,000-85,000 annually, with EY-Parthenon positioned at the higher end due to its prestigious strategy consulting focus. The economics specialization and graduate program structure suggest compensation aligned with top-tier consulting standards, potentially reaching SGD 90,000+ with performance bonuses.

Benefits

Comprehensive formal training and coaching programs designed to accelerate professional development in strategic consulting
Access to EY's global network of over 25,000 professionals providing unparalleled learning and networking opportunities
Structured career progression pathway with clear advancement opportunities within EY-Parthenon's strategic consulting practice
Exposure to diverse client portfolio spanning government and private sector organizations for comprehensive skill development
Collaborative work environment with mentorship and support systems to ensure rapid professional growth
Professional development opportunities and internal resources access for continuous skill enhancement

Key Responsibilities

Lead and deliver specific work streams within high-impact strategic consulting projects, taking ownership of critical analysis components that directly influence client decision-making
Rapidly develop and deploy sophisticated economic and consulting toolkits including advanced problem-solving methodologies, financial modeling, data analytics, and primary research capabilities
Execute comprehensive quantitative and qualitative research initiatives to analyze complex economic trends, market dynamics, and industry developments that shape strategic recommendations
Prepare and contribute to high-stakes economic reports, feasibility studies, and impact assessments that guide major organizational and policy decisions
Design, develop, and maintain sophisticated economic models and databases that serve as foundation for strategic analysis and client recommendations
Maintain expertise in cutting-edge economic research, methodologies, and industry advancements to ensure analytical approaches remain at the forefront of the field
Actively engage in professional development initiatives while leveraging EY's extensive internal resources to continuously enhance analytical and consulting capabilities

Requirements

Education

Degree in economics with a strong academic track record. Master's degree is a plus.

Experience

Experience in a consulting / client facing environment

Required Skills

Highly motivated, engaged, and analytical Demonstrate strong problem-solving abilities Experience in areas such as macroeconomic assessments, economic and social impact analysis, econometrics, forecasting, cost-benefit analysis, regulatory analysis Strong interest and awareness of key economic topics including but not limited to country growth prospects, government policies, and international and economic development Strong numerical, writing, and communication skills Intellectual curiosity, driven, and exhibit willingness to learn and work collaboratively
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Industry Trends

Strategic consulting firms are experiencing unprecedented demand for economic advisory services as organizations navigate complex post-pandemic recovery scenarios, geopolitical tensions, and regulatory changes that require sophisticated economic modeling and analysis. The Asia-Pacific region, particularly Singapore, has emerged as a critical hub for economic consulting services due to increasing government infrastructure investments, sustainability initiatives, and the need for economic impact assessments in developing markets. There is a growing emphasis on ESG (Environmental, Social, and Governance) consulting, with economic consultants increasingly required to assess the financial and social impact of sustainability initiatives, creating new specialized career pathways. Digital transformation and data analytics are reshaping economic consulting, with firms seeking professionals who can combine traditional economic theory with advanced analytical tools and big data capabilities. Government policy consulting has expanded significantly as nations seek expert guidance on economic recovery strategies, international trade policies, and development program effectiveness.

Role Significance

Associates typically work within project teams of 4-8 consultants, including senior associates, managers, and partners. Given EY-Parthenon's structure, associates often collaborate across multiple concurrent projects and interface directly with senior stakeholders, providing exposure to diverse team dynamics and leadership styles.
This is a structured entry-level position within EY-Parthenon's strategic consulting hierarchy, designed specifically for new graduates. However, the role carries significant responsibility as associates are expected to lead specific work streams and deliver client-facing analysis, indicating a fast-track development approach typical of elite consulting firms.

Key Projects

Economic impact assessments for major infrastructure developments and urban planning initiatives across Southeast Asia Feasibility studies for government policy implementations, including healthcare, education, and social welfare program evaluations Market entry and expansion analysis for multinational corporations seeking to establish presence in emerging Asian markets Regulatory impact assessments for financial services, telecommunications, and energy sector policy changes Cost-benefit analysis for sustainable development projects and environmental policy initiatives

Success Factors

Developing exceptional analytical rigor combined with the ability to synthesize complex economic data into actionable strategic recommendations that resonate with C-suite executives and government officials Building strong stakeholder management capabilities to navigate the complex relationships between government agencies, private sector clients, and international development organizations Mastering both quantitative modeling techniques and qualitative research methodologies to provide comprehensive economic analysis that addresses multifaceted business and policy challenges Cultivating deep expertise in Asia-Pacific economic dynamics, including understanding of regional trade relationships, development patterns, and policy frameworks Demonstrating intellectual agility to quickly adapt analytical approaches across diverse sectors and economic contexts while maintaining consistency in methodology and quality

Market Demand

High demand. The economic consulting sector in Singapore is experiencing robust growth driven by government infrastructure projects, regional development initiatives, and increasing corporate need for economic impact assessments. EY-Parthenon's expansion of their Economics Advisory Practice indicates strong market demand for these specialized skills.

Important Skills

Critical Skills

Advanced quantitative analysis and econometric modeling capabilities are essential as associates must independently develop sophisticated economic models that withstand rigorous client scrutiny and inform multi-million dollar decisions Exceptional written and verbal communication skills are crucial for translating complex economic concepts into accessible strategic recommendations for diverse audiences ranging from government officials to corporate executives Strong problem-solving and analytical thinking abilities are fundamental as associates must quickly diagnose complex economic challenges and develop innovative analytical approaches under tight deadlines Cross-cultural communication and stakeholder management skills are vital given the diverse client base and the need to navigate different business cultures and government structures across the Asia-Pacific region

Beneficial Skills

Programming skills in R, Python, or similar analytical tools would significantly enhance modeling capabilities and efficiency in handling large datasets Understanding of public policy frameworks and government decision-making processes would provide valuable context for policy-focused consulting engagements Knowledge of sustainable finance and ESG frameworks would align with growing client demand for environmental and social impact analysis Familiarity with international development economics and multilateral organization frameworks would support work with development finance institutions and government agencies

Unique Aspects

This role offers rare opportunity to combine rigorous economic analysis with strategic consulting within one of the world's most prestigious consulting platforms, providing exposure to both technical economic modeling and high-level strategic thinking
The position provides direct access to both government policy-making processes and private sector strategic decisions, offering a comprehensive view of how economic analysis influences major organizational and societal outcomes
Associates gain exposure to EY's integrated service model, working alongside tax, audit, and transaction specialists to deliver comprehensive solutions that extend beyond traditional consulting boundaries
The role offers unique positioning in the rapidly growing Asia-Pacific economic consulting market, with opportunities to influence major infrastructure, development, and policy initiatives across the region

Career Growth

Progression to Senior Associate typically occurs within 2-3 years, with advancement to Manager level possible within 4-5 years for high performers. The structured nature of EY's career development program and the growing demand for economic consulting services in Asia suggests accelerated career progression opportunities.

Potential Next Roles

Senior Associate positions within EY-Parthenon's Economics Advisory Practice, typically achieved within 2-3 years with expanded project leadership responsibilities Specialized roles in economic policy consulting, infrastructure finance, or development economics within EY or competing consulting firms Manager positions in strategic consulting, leading multi-workstream projects and client relationship management In-house economist roles at multinational corporations, particularly those with significant Asia-Pacific operations Policy advisor positions with government agencies, international development organizations, or multilateral institutions

Company Overview

EY

EY (Ernst & Young) is one of the "Big Four" accounting and professional services firms globally, with EY-Parthenon representing their premier strategy consulting arm. The firm has established itself as a dominant force in the Asia-Pacific consulting market, with particular strength in economic advisory services that bridge traditional consulting with specialized economic analysis.

EY-Parthenon competes directly with McKinsey & Company, Boston Consulting Group, and Bain & Company in the strategy consulting space, while leveraging EY's broader professional services platform for integrated solutions. Their Economics Advisory Practice represents a differentiating capability that combines deep economic expertise with strategic consulting methodologies.
Singapore serves as EY's Asia-Pacific hub, providing associates with exposure to regional economic dynamics and access to a diverse client base spanning ASEAN countries, Australia, and broader Asia-Pacific markets. This positioning offers unique opportunities to work on cross-border economic analysis and regional development projects.
EY emphasizes collaborative teamwork with a strong focus on professional development and career progression. The firm's culture promotes intellectual curiosity and analytical rigor while maintaining a supportive environment for new graduates. The global nature of projects and client base creates an internationally-minded, dynamic work environment.
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