Restructuring Summer Analyst

My first interaction with A&M took place during a case competition hosted by the Turnaround Management Association (TMA), where my teammate and I performed well. One of the judges—who happened to be a director at A&M—encouraged me to stay in touch and apply the following year. Thanks to that connection, I was able to move forward in the process with just one networking conversation before receiving a first-round screening interview.

A&M is not rolling and applications for 2026 Rx analyst opened January 1st, and were due by February 5th. On February 14th I got invited to a 20 minute screening call with HR. This one was quite straightforward: TMAY, Why Rx, Why A&M, Why You. That literally is it.

Afterwards, I got an update on March 4th, and was asked for availability for the 6th and 7th to get 2 first round interviews. These interviews primarily consisted of behavioral and background questions. You should be prepared to discuss your leadership and problem-solving experience, as well as have a basic understanding of restructuring at this stage. The first guy was a chiller, and we just talked about travel and why A&M is better than any firm he worked at before (lol). Started with a TMAY, asked why Rx, and afterwards just opened it up to any questions I had. The second guy was more serious. He was a senior Associate, and seemed kinda depressed and was dry. Regardless however, he asked me TMAY and why A&M, and also opened up the floor to any questions I had. Overall I feel like I was able to connect with them because of my work history. Entirety of HS I worked in fast food, and they really appreciated that.

Only 4 days after my last interview, I got invited for the final round, which consisted of 2 more interviews and an Excel assignment. The excel assignment was quite long and they gave me a week to do it prior to the interviews. It had 2 main sections, the simple excel test, which consisted of: Xlookup chains, Sumifs, Countifs, TextSplit, Ifs, Pivot tables etc. (Nothing too crazy). The second part however, was a real pain in the ass. Essentially you had to make an AP Aging Schedule for any overdue payables that a company may have. It had two parts to it: 1st clean up the data given to you by the company, and after make the schedule. The original data file was fucked, i’m talking, dates missing, vendors being typed all over the place, dates unclear. I would say I am very comfortable with excel, however it took me a solid 4/5 hours cleaning up that shit show. After that was done, you had to rank the 10 vendors with highest dues, and format them into a nice schedule with a few charts. The last part wasn’t that hard, and took me maybe 1 hour with me checking everything 5 times over. The file needed to be submitted within a week, and we were supposed to go over it during one of the interviews.

First one was a senior Associate who was my Alumni. She was super sweet and the interview felt light: TMAY, Why Rx, What are indicators of Distress, Causes of distress, and solutions to distress. Afterwards she opened up to questions. My next, and final, interview was with a Senior Managing Director. Ngl I was stressing for this one. It started with the usual small talk, and then he briefly mentioned he was working on the Red Lobster Bankruptcy. By the stroke of luck it was my favorite case and I literally knew everything about it. We spent the next 40 min talking about it and the future, and he was really digging it. He asked me my opinions about the case, and also wondered about why Rx consulting and not Rx Banking. As soon as the interview ended, I felt like I was gonna get it. Funny enough they never brought up the Excel assignment, but I assume I was good enough. 4 days later I get a call from HR saying I got the offer.

Final advice: Please, come with at least 5 good questions prepared. The vast majority of my interviewers wanted me to ask questions for over 20 min. My rule was, ask about their, ask about the firm, and ask about transitioning. This seemed to work well, and gave them a chance to open up. I suggest scouting their linked-in and figuring out their past to ask about it.