Lunch Interview - Familiar with interview process?

Monkeys,

I had a phone interview with two associates, MM shop, last week and now I have a lunch scheduled with one of their VPs. I highly doubt I am going to be grilled on the technicals, but I am a little curious as to what he might ask me other than the generic "why banking?" "why XYZ firm?". I've already established the fact that I can walk and chew gum at the same time... Anyone had a similar type of interview structure?

 

Given that it is MM and you are getting a lunch interview, I would imagine their goal is to get to know more about your background and what you are like as a person - the "fit" questions. Likely to be more of a conversation than interrogation.

 

What not to order: alchohol, a dinner plate, something really messy like ribs and something because you think is what you should (like an artsy salad).

Have a turkey club, that is always the safe bet. But if you like grilled chicken, fish, salad, etc eat it. No one will judge you for picking anything you like from the lunch menu.

Do not talk with your mouth ful, napkin on the lap, if they ask you to pick an appetizer do it! At ML we use to see how pople would respond because if assertive it says something about your personality, thats what the recruiters told us to do at least.

Lastly, do not seem too picky like asking for: a coke with not too much ice, with a lime slice in the drink and a lemon wedge on the glass. Seriously one guy did this with an analyst and I last year and it did not help his case.

 
  1. You're not there to eat. If it helps you grab something to eat before you get there. it will help you to keep your mind off the food.

  2. Make sure you order something around the same price as what they ordered. If they ask for a sandwich, don't you go and Filet mignon.

  3. Relax and be yourself. If you try to be someone else and they hire you because of that, you're life will suck after you start work.

 

Don't order anything messy, don't order booze unless the boss does (and he won't), make sure you have manners, etc.

Lunch interviews are the best. Just informal enough

Commercial Real Estate Developer
 

I went for a lunch interview once. Had jumbo shrimp as an appetizer. Choked on a piece. Got the job anyway.

********"Babies don't cost money, they MAKE money." - Jerri Blank********
 

I would be shocked if they ask you anything remotely technical. Lunch interviews are for seeing how you conduct yourself and interact with others in a social setting. It is really important in jobs that deal with a lot of facetime with clients or positions that emphasis teamwork and collaboration. I would read more about things going on in the news, sports, events in the city, etc. Read the last few WSJ's because if there is anything technical it will likely be about some merger/central bank policy/whatever. No one is going to ask you to walk them through a DCF while getting lunch.

As stated above dont say anything remotely political, degrading, etc.

 

More likely than not he's just going to lunch to briefly chat with you, but PWM is pretty much the one area of finance where it's possible to snag an internship out of high school. Inquire if there are any opportunities available (if he says no, pry just one more time by explaining you'd be willing to work for free) but don't sweat it if that doesn't pan out.

 

Thanks. Should I ask him about any other people I might be interested in contacting? Maybe anywhere else where he believes I can find unpaid internship type work?

 
Best Response

For future reference, don't include exclamation points in emails. I have no idea who wrote that script but they lead you in a weird direction.

Anyhow, make sure you use proper manners of course and try to get him to talk about himself as much as possible. Ask him about the path he took to get to where he is, ask him about a typical day in the life, and ask him how you can best position yourself for success. Those questions alone demand long answers and generally when people talk about themselves for long periods of time they come away thinking the conversation was fantastic.

Plus, you'll genuinely learn things. Might not be bad to bring a small notebook and a pen just in case he tells you to contact specific people/companies - and feel free to ask if he knows anyone else you should get in contact with.

Be sure to do some research on the guy before hand (linkedin profile and company bio will suffice) so you can show you did your homework and make sure to write him a nice thank you email soon after the lunch. Other than that - it's just lunch and a conversation. You'll be good and good for you for starting so early.

Commercial Real Estate Developer
 

Thanks for the pointers. Those exclamation points, I added haha.... I'll keep that in mind.

Should I go into the lunch without the expectation that I will get a gig? I'm assuming the chances of that happening are pretty low. Just go in with an open-mind to learn new things?

 

If you are purely picking a major to maximize your chances of working in investment banking/private equity, you should try to do the commerce major through McIntire at UVA, not economics. You should still do econ if you're really interested in it. Ideally you could try to double and get through as much of econ as you can before starting at McIntire.

 

maybe suiting up is an NYC thing. i'm in the southeast and have never been told to wear a suit to informationals (assuming this is an informational, which it seems to be). nor have i ever met up with someone who was suited up (all MDs and VPs). it would be really awkward and presumptuous IMO to be suited up when the guy across the table is business casual.

 

If the lunch is part of the interview process they will pay for you. Something to keep in mind, though, is to think carefully about what you order -- don't order a big bowl of messy spaghetti for example. Make sure you will be able to carry the conversation easily while trying to also eat, this can be surprisingly difficult sometimes in these situations

 

Consequuntur facilis placeat non. A optio tempora amet magnam doloremque doloremque. Cumque est incidunt est sit ut. Consequatur cum quam qui sed.

Non quia dolores consectetur nisi soluta. Voluptatem labore sunt repellendus unde. Sit autem doloribus quia.

Ipsa voluptate placeat eligendi sed vel. Quia rerum adipisci accusamus. Dolorem nihil itaque et et cum molestiae non.

Porro facilis qui cumque dicta amet laborum. Consequatur voluptas asperiores quis ut voluptatem. Est qui et quibusdam cum voluptatibus et. Nostrum quidem occaecati dolores molestiae eveniet tempora. Quis quae eligendi eligendi quisquam repellat consequatur tenetur.

 

Excepturi praesentium ut rem ut dicta qui. Modi rerum atque totam voluptatibus consequatur voluptate officia. Enim repudiandae ut praesentium aut deserunt est sequi omnis. Id vero ut dolorem voluptatibus. Omnis et voluptatem voluptas quis. Repellat autem et consequatur nemo.

Corrupti iusto qui dolorum dicta. Nihil nihil nostrum inventore commodi et blanditiis. Tempore suscipit voluptates laboriosam facere natus et.

Consequatur est sapiente eaque quia aut. Occaecati molestias eaque blanditiis ipsa qui eaque fuga consequatur. Nulla iusto eos aut saepe enim molestias. Tempora eos non velit vitae dolore. Consequatur voluptas ab minus vero. Eos magni qui eligendi nemo iusto.

This to all my hatin' folks seeing me getting guac right now..

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
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...”