Alvarez & Marsal Interview Questions

46 total interview insight submissions

Interview Experience (98%)

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.

4
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (95%)

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.

3
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult
% Interns - FT Offers (96%)

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.

71%
  • 0%
  • 20%
  • 40%
  • 60%
  • 80%
  • 100%
  • 10%
  • 30%
  • 50%
  • 70%
  • 90%

Interviews at Alvarez & Marsal

YearPositionLocationGroup/DivisionExperienceDifficulty
2022InternHOUSTONConsultingPositiveDifficult
2022AnalystDallasN/APositiveDifficult
2022Financial Restructuring InternMilanoRestructuringPositiveDifficult
2022Restructuring AnalystChicagoRestructuringVery PositiveAverage
2022ConsultantDallasGeneralistVery PositiveAverage
2020InternNew YorkConsultingNeutralAverage
2022analystLos AngelesRestructuringPositiveAverage
2021Restructuring AnalystChicagoRestructuringPositiveDifficult
2020ManagerAnywherePrivate EquityPositiveAverage
2021ManagerCHICAGOGeneralistPositiveAverage

Intern Interview - Consulting

Anonymous employee in HOUSTON

Outcome

Accepted Offer

Interview Source

Applied Online

Length of Process

1-2 months
Interviewed: June 2022 Date Submitted: Oct 30, 2022

Application

1 on 1 Interview
Background Check

Interview

Interviews were not too bad. Had a mix of behavioral questions and a few technical questions. The interviews were collaborative and weren’t super tough

Interview Questions

Most difficult questions were accounting journal entry questions. Anyone past intermediate 1 accounting would have no trouble with them
Sample Answer

Analyst Interview

Anonymous interview candidate in Dallas

Outcome

No Offer

Interview Source

College / University / On Campus Recruiting

Length of Process

Less than 1 month
Interviewed: September 2022 Date Submitted: Sep 19, 2022

Application

1 on 1 Interview

Interview

1 hour interview. 30 minutes behavioral, 30 minutes case interview. This was the first of 2 rounds, with the second round being a group case study.

Interview Questions

The case interview was difficult and on a short time frame.
Sample Answer

Financial Restructuring Intern Interview - Restructuring

Anonymous interview candidate in Milano

Outcome

No Offer

Interview Source

Applied Online

Length of Process

Less than 1 month
Interviewed: April 2022 Date Submitted: Sep 15, 2022

Application

Phone Interview
Group Interview

Interview

Applied by sending an email to their hr desk, they got back to me by the end of the day asking to set an interview soon. Process consisted of 2 rounds of interviews the first was with an associate was mostly fit lasted 40 min. The second round was with 2 vice presidents, lasted 2 hours, after the first traditional IB questions the level got higher I had to do a cash flow sharing my screen on excel and after that had to comment on the conclusions I could take from the numbers that came up on the health of the company in question.

Interview Questions

The reasoning part after I filled the cash flow statement, one of the questions was "if you were a creditor and one of your companies was in this situation what would you do knowing they should file for bankruptcy soon?"
Sample Answer

Restructuring Analyst Interview - Restructuring

Anonymous employee in Chicago

Outcome

Accepted Offer

Interview Source

Employee Referral

Length of Process

1-2 months
Interviewed: August 2022 Date Submitted: Sep 08, 2022

Application

Phone Interview
1 on 1 Interview
Skills Test

Interview

Started with a formal first round interview with the a director who went to the same university that I did. Then I got sent a technical assessment, a three-statement model, to fill out and project for a distressed company. Finally, an in-person superday at the office where I spoke to three separate Directors/MDs.

Interview Questions

Why did you use 30 days to project your working capital?
Sample Answer

Consultant Interview - Generalist

Anonymous employee in Dallas

Outcome

Accepted Offer

Interview Source

Employee Referral

Length of Process

2-3 months
Interviewed: April 2022 Date Submitted: Jul 30, 2022

Application

Phone Interview
1 on 1 Interview
Background Check

Interview

Experienced Hire Route. Process was as follows (roughly 2 weeks between steps):
- Phone screen with HR, typical Behavioral questions (tell me a time when...)
- Virtual Interview with MD. Mostly behavioral as well but dug in deep on my background. What types of projects I worked on. Professional network and if I could potentially call on connections to sell work.
- Virtual interview (2 in one day) about 45 minutes each with a ton of "Tell me a time you dealt with ambiguity" etc.
- Case Interview (30 mins)
- Request for professional referrals (2-3). Called within a week and extended an offer.

Interview Questions

Nothing unexpected, but they drill down to a really granular level on each question they ask. What specifically did you do? Why did you do it that way? What did you learn? Would you do anything differently? etc.
Sample Answer

Intern Interview - Consulting

Anonymous interview candidate in New York

Outcome

Declined Offer

Interview Source

Applied Online

Length of Process

1-2 months
Interviewed: February 2020 Date Submitted: May 05, 2022

Application

Phone Interview

Interview

Only had a first-round phone interview that consisted of mostly behavioral questions relating to my background and career interests,

Interview Questions

Most recent challenge
Sample Answer

analyst Interview - Restructuring

Anonymous interview candidate in Los Angeles

Outcome

Declined Offer

Interview Source

Applied Online

Length of Process

Less than 1 month
Interviewed: February 2022 Date Submitted: Feb 16, 2022

Application

Phone Interview
1 on 1 Interview
Skills Test

Interview

Pretty short and straightforward. They want to know why you want to do restructuring and how much you know about it. Technicals were pretty straightforward regarding financial statements and basic analysis.

Interview Questions

Nothing unexpected. They were interested in previous data management experience as they deal with a lot of unorganized data. They also ask about current restructuring news/deals.
If depreciation increases by 10, what happens to the financial statements?
How can working capital affect the cash balance?
What is the difference between cash and liquidity?
Sample Answer

Restructuring Analyst Interview - Restructuring

Anonymous interview candidate in Chicago

Outcome

No Offer

Interview Source

College / University / On Campus Recruiting

Length of Process

1-2 months
Interviewed: October 2021 Date Submitted: Feb 14, 2022

Application

Phone Interview
1 on 1 Interview
Skills Test

Interview

Phone call with a recruiter to gauge interest and fit, behavioral interview with VP, 3-statement modeling exam, interview with 4 MD's.

Interview Questions

What responsibilities out of the job description do you think are most important?
Rank in order which gets paid first during restructuring: senior revolver, revolver, notes payable, subordinated debt, preferred shares, common stock,
Sample Answer

Manager Interview - Private Equity

Anonymous employee in Anywhere

Outcome

Accepted Offer

Interview Source

Employee Referral

Length of Process

1-2 months
Interviewed: April 2020 Date Submitted: Jan 09, 2022

Application

Phone Interview
1 on 1 Interview

Interview

Very informal with a lot of discussion related to I dustry experience. Great interviewers who were very down to earth.

Interview Questions

Case study questions on strategy and deal synergy
Sample Answer

Manager Interview - Generalist

Anonymous interview candidate in CHICAGO

Outcome

No Offer

Interview Source

College / University / On Campus Recruiting

Length of Process

Less than 1 month
Interviewed: October 2021 Date Submitted: Oct 13, 2021

Application

1 on 1 Interview
Skills Test

Interview

Met with 3 different members of the firm in various titles - consisted of mostly all case interviews with assistance.

Interview Questions

some math behind revenue growth projects - percents of percents
Sample Answer