Lateral IBD interview on-site vs phone
ST
(Senior Monkey, 69
Points)
on 9/26/10 at 7:13pm
So with lateral ibd interviews the phone interviews all seem pretty technical based.However what about after you pass that part and they ask you to come into their office and meet people for more interviews.
Do you think the questions will become more fit or more technical? If its senior bankers i think it will be more fit based and mds/vps but if its meeting analysts then its probably more technical
what do u guys think is the format for final onsite 1 day meeting lateral interviews??





bump
bump
technical mostly with
technical mostly with associates. With MDs it will be your deal experience
i had a first round lateral
i had a first round lateral interview with associates + and even the principals at the bank were asking me all sorts of modeling questions (merger + lbo case studies). blahhh
sherminator: what kind of
sherminator: what kind of q's? why case studies i never heard of that for laterals, is this for lateral pe?
sorry i didnt mean case
sorry i didnt mean case studies as i dont really know the definition. basically they were just technical questions except using numbers instead of conceptual questions. basically i can easily bullshit my way through walk me through an LBO, how does accretion / dilution affect EPS given stock vs cash or mix...etc, but they gave me a bunch of random scenarios with all the figures and really had me calculate everything. instead of saying "how does X affect Y in this LBO" they gave me hard numbres and asked me to calculate everything
i have 1 work of WE as a consultant but want to lateral over to banking. this was a first round at a top boutique (PWP, Evercore, Moelis)