3i Interview Questions
The Interview Experience is a score from 1 star (very negative) to 5 stars (very positive) generated based on the Interview Insights at this company.
The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.
The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.
- Very Negative
- Negative
- Neutral
- Positive
- Very Positive
The Interview Difficulty is a score ranging from very difficult (red) to very easy (green) generated based on the Interview Insights at this company.
The number you see in the middle of the doughnut pie chart is the simple average of these scores. The higher the number, the more difficult the interviews on average. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.
The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more insights, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire data set.
- Very Easy
- Easy
- Average
- Difficult
- Very Difficult
The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews at this company.
The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.
The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to the simple company average and away from the average of the entire data set.
- 0%
- 10%
- 20%
- 30%
- 40%
- 50%
- 60%
- 70%
- 80%
- 90%
- 100%
Interviews at 3i
Interview Questions & Answers - 3i Examples
Intern Interview - Private Equity
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Some of the more typical LBO questions: what makes a good LBO candidate?
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What is a company you are currently interested in?
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Would it be a good investment, and why?
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Imagine I have a P&L with X revenue, Y gross margin, Z personnel costs, U housing costs, V marketing expenses and W other expenses; what kind of company would this be?
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Imagine I have a specific kind of company (i.e., a local restaurant), what would its P&L look like and why?
Associate Intern Interview - Generalist
One of the inteviews was more fit and background based (why PE, why 3i, tell me about yourself etc.)
The other interview was a case study, similar to a paper LBO but with more operational questions.
What has been your best and worst experience?
When doing the case study/paper lbo, there were several technical questions very specific to the industry that we were discussing (restaurants) that I had no clue about.
As a career switcher (consulting to PE), there were several technical questions about my job during DD as a consultant that if not prepared it would be very complicated to answer (very focused on value creation and financial impact of decisions).
Summer Intern Interview - Private Equity
Developing a detailed sensitivity analysis including varying exchange rates and possible hedging.
Solution: Retailers do not need funding from the capital market, because of their industry specific working capital being provided by the customer instantly at purchase.
Associate Interview - Generalist
The prompt involved a pretty vanilla structure and they asked what other structure there were to do the deal. This was unexpected and was clearly meant to add pressure.
My answer was essentially that there are business risks (e.g., SWOT issues and execution issues) and deal risks (e.g., financing, etc) that should be considered separately but play off one another.
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