Equity Research Associate Interview - Transportation
1- Fit/technical: - walk me through your resume, your work experience, your interest about finance, your knowledge of the financial markets, the major headlines of the week, technical questions about P/E ratios, valuation, WACC, and asked to pitch a stock
2- Modelling test: valuation model + writing an analyst PR note on quarterly results of a random company (not in the sector I was interviewing for)
3- Fit group test: same as round 1 but to a group of people including analysts and associates + pitching another stock
What happens if you sell a division at a P/E that's higher than the firm's P/E?
Who's the client in ER?
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