It's mainly fit type questions

Tell me of a time there was conflict within a group and how you dealt with it Give me an example of when you showed initiative

The rest will be conversational to gauge if your someone they would get along As far as I know, no technical questions are asked

 

I have no direct experience with KPMG so take this with a grain of salt but I would be prepared for DCF, Cost of Capital, and Multiples questions. I'd assume the case would be testing your knowledge of valuation techniques. Interviews would be primarily fit, they just want to make sure you have some basic finance knowledge. I'm sure someone from KPMG can expand on this but I don't think the case would be any more extensive than that.

 

The lady who called me said that there shouldn't be any preparation from me to do the case.

Maybe second rounds will be more technical?

I will add that the position is in Europe.

 
Charle:
The lady who called me said that there shouldn't be any preparation from me to do the case.

Maybe second rounds will be more technical?

I will add that the position is in Europe.

^^ Of course she said there would be no preparation. They want to see what you actually know, not what you can memorize right before the interview. I'd def. study up on the basics listed above.

 

This position is similar to I-banking I think according to their discription.. I would study for some technical questions like valuation, financial statements etc.

Signs of Recession: Banker: “Where’s me Bonus?” Yuppie: “Whadya mean I have to actually work?” Fox Rock Mum: “Lidl’s the place to be seen in now!” Cowen: “It’s not my fault that me and my party are complete f**k-ups - it’s the recession silly!”
 

If you already had a round of technical questions, then you've probably passed them. At this point they want to know if you can go to a client site by yourself and write up a report. The reports are pretty basic, but there can be technical jargon so coherent sentences are a requirement. My guess is that you'll sit in a room by yourself for like an hour to work on the writing questions/worksheet.

That being said, still bring your A game in case you get a second round of technical questions.

 
jack_donaghy:
If you already had a round of technical questions, then you've probably passed them. At this point they want to know if you can go to a client site by yourself and write up a report. The reports are pretty basic, but there can be technical jargon so coherent sentences are a requirement. My guess is that you'll sit in a room by yourself for like an hour to work on the writing questions/worksheet.

That being said, still bring your A game in case you get a second round of technical questions.

Thanks man. It really helps a lot.

 
Best Response

I wouldn't read any books and I certainally wouldn't read any cases. You are interviewing for a transactions job, not consulting. I would look into BIWS's basic excel videos that talk about basic accounting, DCF, how the 3 statements interact, etc.

One of the mistakes I used to make before going into an interview was reading all about the firms 'culture' and their past deals, etc. I would spend hours reading about their history, all diff. aspects of their past deals, etc. while neglecting the most basic stuff like simple accounting questions. This is an easy trap to fall into - don't let yourself.

 

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