Buy side fixed income research interview question

I work for a regulator doing FI research for the office of the chief economist. I am interviewing for a FI research role at an investment management firm with ~2.3Tn AUM.

I interviewed with HR yesterday the firm uses a bottoms-up fundamental approach in FI research - I’m assuming high yield. HR stated that the team is going to want to know about my experience in modeling. Although I do model, which is from a different angel, I use more of a top-down macroeconomic approach as I cover multiple products within: corporates (IG & HY), securitized products, treasuries.

Any advice on how I can spin my background in way to show them I have a good baseline for what they want?

In grad school I did a lot of modeling: DCF and Financial Statement analysis and undergrad was in accounting.

Thanks

 
Most Helpful

Voluptatem autem eos fuga omnis. Doloribus praesentium pariatur vel praesentium facilis qui ullam laboriosam. Officiis magnam id veritatis qui nulla molestiae accusamus necessitatibus. Quod deleniti pariatur et perferendis quia.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (89) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”