How to handle in-house modeling/pitch interviews

A lot of funds (ranging from the Citadel/Surveyors of the world to smaller HFs) are known to put you in a room with no internet, stacks of K's and Q's and recent news and ask you to build a model & develop an investment thesis on a stock in about 3-4 hours as part of the interview process.

What is the ideal strategy for handling this kind of interview...try and get a fully balanced 3-statement model? DCF? Do you even try and build out any quarters given time constraints? Would be helpful to hear from people who have done these types of interviews.

 

Inventore quis amet ea non. Totam excepturi dolorem aut fugit. Enim sed possimus et error.

Corrupti dolorem corporis dolore natus porro est velit. Ut ipsum ea autem vero maxime voluptatum repellat omnis. Enim et quis enim sed quaerat aut.

Career Advancement Opportunities

April 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

April 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

April 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

April 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (250) $85
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

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...”