First off, I go to a target. will be interviewing with JEF soon for IBD.
A few of my friends who interviewed with them for SA positions said it was extremely tough. Most don't remember exactly what was asked, although a couple said that the interviewers started asking questions about broader market conditions.
Anyone have experience interviewing with JEF who can share the types of questions that they got?
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would be interested in this as well
is this for IB
this comment isn't specific to jefferies, but in general, i think one of the biggest misunderstandings among prospective monkeys on this board is this idea that interviews at firm x are always going to be a certain way. in reality, what your interview is like mostly just depends on who the specific person interviewing you is, and what type of mood they're in. to illustrate that, when i was interviewing and had a superday of interviews within one specific group at one specific bank, each of the 4 interviews had entirely different styles and types of questions. i'm sure others who've gone through this can attest to the same.
the practical takeaway from this is that it's almost useless to try and predict this stuff - just cover all your bases and be prepared for the full range of questions you could be asked: fit, technical, news, market, etc
Agree with Dublin.
Normally, interviewers are instructed to go through the resume, then hit some fit, and run through technicals. In practice, it's a total crapshoot. I've had 2-on-1's where it was good cop / bad cop... one guy was on his phone the entire time and then asked me why I should get the job over a guy they just interviewed who already did a BB SA gig. On the other hand, I've also had complete fit interviews where we just talked about sports for half an hour.
I would read the WSJ and FT for some macro context, Dealbook for their recent deals, and use Vault for some of the common technical questions. Good luck
I agree with Dublin as well.
I go to a non-target state school and interviewed with Jefferies for a summer position last year. My interviews were pretty basic, very much focused on previous internships and experiences and then received some cookie cutter finance questions i.e. walk me through a DCF, How would you go about creating comps, What is WACC and why do you use it etc. I recommend ibankingfaq.com to prepare. Very helpful. KNOW YOUR RESUME COLD! Good Luck with your interviews and continue to polish yourself.
I agree with Dublin, but I'll chime in with my first round experience. Dude asked me to help him with some pitfalls regarding one of the LIVE DEALS he was currently working on in healthcare. Obviously can't prepare for that, and you have to hope your bs / "knowledge" is strong enough to move on. I don't think I did which sucks considering he didn't ask other kids that question, but that's the process, its a crapshoot haha.
@WFY, i'm guessing you had IB experience the summer, right? were your bullet points extremely impressive, influencing him to ask you in-depth questions about a live deal?
One of my friends also mentioned something about questions being "cash-flow heavy." He didn't remember enough to elaborate, but he remember that cash was the one part of the balance sheet that was focused on.
can anyone throw out some cash-flow based technical questions out there?
I did have IB experience over the summer, but not at a bulge bracket or even high-tier middle market firm. It was just your typical 10 person boutique shop. My bullet points were as specific as to the stuff I did over the summer (models, IMs, teasers, prospect lists, etc). I don't think I made myself seem impressive enough to get asked something like that, but my point is sometimes even preparing so much won't help you.
Hey,
How long after the online app have you hear back from Jefferies?
Thanks
Interview for Jefferies (Originally Posted: 08/17/2011)
Hi guys,
I just passed the first round telephone interview for Jefferies restructuring i-banking analyst position. I'll have an on-site interview next week. Any idea about the content? what does it look like? Does it have a computer test or brainteaser? and how long is it? any advice will be appreciated. Thanks a lot !!!
how did you get the interview? they recruit at your school?
No, I applied for it online
I've always heard that online apps are useless. Do you go to a target?
online app did work for me
People look at online apps, don't let the users on the boards fool you.
maybe he has nice stats. whats your gpa?
3.8
The OP asked four pretty specific questions, none of which were answered. The four replies that follow added virtually no value...
do you have any suggestion?
I've never interviewed with them. Awesome that you got it through their online app. Good luck!
What office? I did a job search on Jefferies and get zero results.
same. I didnt find shit online for them. What exactly did you apply for OP?
I dont think he's looking for more competition, lol. Also this position is to start this summer, not next summer.
Agreed, but I had seen this posting somewhere - and then a contact of mine in Restructuring told me and someone else as well that they aren't looking anymore...so idk what the OP was saying, maybe he's just really good
Jeffries First Round (Originally Posted: 02/09/2009)
Hey, I'm new to the forum but I've been a member for a while. I have a 1st round with Jeffries coming up and I was wondering if anyone has interviews with them before. If so, I was hoping to learn about their interviewing process, as well as the types of questions I would typically expect them to ask during the course of the interview (technical or fit questions). Any help would be greatly appreciated and I thank you in advance!
which offices?
I would likely learn how to spell the name of the bank correctly first. That's usually a pretty important step.
They'll probably have some technicals, but a lot will be fit since it is a MM bank and fit is generally pretty important.
I'm interviewing with the New York office, also I did not realize that I misspelled the banks name...thank you for the advice, anything other advice would be greatly appreciated
when did they let you know about the first rounds?
make sure to speak slowly--- it takes them longer to process thoughts
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