Houlihan Lokey Corporate Finance - Technology Group
I have an upcoming interview with HL for their technology group out in San Francisco and was wondering if I should be doing any industry (i.e. tech) specific preparation or if this will be like any other first round banking interview...?
Yes, definitely. I "have a friend" who interned their last summer. They only do tech deals so showing interest in the space is a big plus.
How did "your friend" like the experience? Good exposure and deal flow?
It wasn't bad, but not great either. Plenty of work - exceptional deal flow considering it was summer. Not very modeling intensive if that's what you're looking for (a lot of pitchbooks...). Comps were pretty much pulled from CapIQ (not scrubbed). Great people he/she said, but not returning for FT. Tech is a good place to be atm, but who knows for how much longer.
I also "have a friend" who intereviewed with them (different group) but said the interview was highly technical.
Wow, how did you get the interview? Thats a top notch place!
Applied through my school's career site and they got back to me, nothing too crazy.
Wonder what he was expecting?
Congrats and good luck!
have you heard back yet? had my first round phone last week, but haven't heard from them yet
Anyone else have anything regarding their interview process?
Anyone else have anything regarding their interview process?
I had an interview at the end of last week that went pretty well imo. I was told that they'd be in touch soon, but I haven't heard back yet. I'm guessing they're just falling a little behind right now.
Yea that's basically what I was told too. I heard from a friend that they're notoriously slow, but not putting too much hope on it.
Yea that's basically what I was told too. I heard from a friend that they're notoriously slow, but not putting too much hope on it.
Phone interview I am assuming? In the same position.
Phone interview I am assuming? In the same position.
Phone interview I am assuming? In the same position.
Yea, phone interview for the tech group.
Anyone else know anything about their process or what to expect in interviews?
Anyone else know anything about their process or what to expect in interviews?
anyone hear back?
I had a final round recently.
yes I did as well. haven't heard back yet.
I was told that we would hear back sometime next week.
great, thanks for the info. what did you think of the office?
i had a final round as well. Ill post here if i hear anything
Anyone hear back?
Did anyone ever receive an offer?
Did anyone ever receive an offer?
RE Excel Test (Originally Posted: 11/03/2015)
Hey everyone-I have an interview with a Big 4 Real Estate Advisory analyst position coming up, and there is going to be an excel test. Could anyone provide any insight to this and how to prepare for it? I assume it is to value a commercial property. Thanks
Congrats on the interview. This questions gets asked a lot, so searching the forums might help. Most Excel tests are valuation driven, so understanding how to do a comprehensive DCF will be the best way to prepare. Open up a new Excel workbook, make up your own assumptions, and build detailed cash flows and a DCF/IRR analysis from scratch. Set a time goal, too. They will probably test your Excel skills to see if you can use data tables and different formulas (sumifs, vlookup, ifs/ands, etc..). Check getrefm and kahrrealestate for some helpful resources.
interview at houlihan corporate finance group (Originally Posted: 09/14/2013)
Hey everyone
can anyone give me some feedback on houlihan corporate finance permanent interview preparation. all feedback and insights are welcome. been using the 400 m&i guide, anyone interview with them?
Thanks
What city is your interview for?
Los Angeles
I would focus on industry trends of the gaming industry in Macau
talk to Ivey Career Managment. craig will have some deep insights for you
anyone else?
....
BUMP
I think question was at least partially answered by user Cries previously http://www.wallstreetoasis.com/forums/houlihan-lokey-interview-preparat…
Did you get an interview from them? I got my resume pushed by an associate at HL LA but havent heard back from the HR yet...
Excel Modeling for RE (Originally Posted: 02/17/2013)
Any advice on where to find good material for RE excel modeling?
I go to a top RE University but we don't have a specific class on excel modeling.
I have done a class in Chicago and bought an online package with excel files, but I am really looking for some case studies to do on my own so that I can practice my modeling from scratch. Any help would be great!
Thanks in advance.
The modelling in real estate isn't really any different to other companies except for the words you type in... At your group you'll have templates or pre-existing models to work off anyway so don't worry about it.
breaking into wall street (BIWS) has a RE course for about 200-250 I believe. I haven't purchased that exact one but have purchased other courses from them and have been satisfied.
I have BIWS and really like it. I guess I was just looking for case studies where you are given a set of assumptions and parameters and have to build a model. Thanks for the responses!
Whats a top RE university?
Top Real Estate Program** I should have said. Apologies
REFM (real estate financial modeling) also has some courses, but it sounds like you probably know about them already.
How does a uni have a real estate program but not have Excel case studies in their real estate finance courses? Talk about preparing students for the real world, as if they are going to be planning developments and negotiating legal documents from the outset. We need to be preparing kids to perform the tasks that comanies need them to perform.
I am really not sure about a pre existing set of cases. The author of The Real Estate Game (his name escapes me) published some old Harvard cases back in the 90s and I have noticed that you can still buy them on Amazon. I am really not sure how good they are, but those might be worth at least looking up.
Also take a look at the Appraisal Institute, I know they have some case study courses for their MAI program.
http://www.starpointproperties.com/casestudies.htm
all you have to do is sign up to be on the distribution list of some brokers such as ARA...you will generally receive offering memos. Once you get them you underwrite the property and practice on live deals, and train yourself to develop an analytical mindset regarding the properties you're valuing. Does it make sense to buy at this cap rate, am i going to be able to grow my rents 3% per year in this market, how much equity do i need (you can assume 30% on stabilized multifamily), how's the job market in this area, who are the top employers, can i fix up the property and generate a 20% IRR on the improvements, at what level did similar deals close in this area?
If you have questions, you can always ask them on this forum, there are a lot of people that can help you understand the deals you're looking at.
I used REFM courses for some self education on waterfall/JV structuring practice during PE recruiting. I would recommend in terms of content and template models that have increasing levels of complexity, but they can be pricey. Only problem with the one I bought is that it didn't include anything on GP catch-ups, but I think they have a module out on that now.
Thanks! As a student it seems that I can get the "Bundle" which is Level 1, 2, and 3 for only $229 and then hopefully be able to pass the certification exams. Worth it?
PM me and I can send you some stuff.
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