Banca IMI Interview Questions

3 total interview insight submissions
Interview Experience (46%)

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.

3.3
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (90%)

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.

3.7
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult

Interviews at Banca IMI

Filter by:
Year
Job Title
Group/Division
Location
Experience
Difficulty
Intern
Year 2018
Job Title Intern
Group/Division Leveraged Finance
Location New York
Experience
Neutral
Difficulty
Difficult
Intern
Year 2017
Job Title Intern
Group/Division Investment Banking
Location London
Experience
Neutral
Difficulty
Average
Intern
Year 2016
Job Title Intern
Group/Division Mergers and Acquisitions
Location London
Experience
Positive
Difficulty
Difficult

Interview Questions & Answers - Banca IMI Examples

Structured Finance Intern Interview - Leveraged Finance

Anonymous interview candidate in New York
Interviewed: January 2018
Outcome
No Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
Phone Interview
Group Interview
Interview
Got a phone call from headquarter in NYC. HR went through very basic behavioral questions. Mainly focused on previous experiences in the last internship. Then Superday came in. I visited their facility and went through 4 rounds of interviews.
Interview Questions
1. HR. Again very basic things just like the phone interview. Idk why they did the same thing again. 2. MD and VP. MD was pushing me to my limit. He asked a lot of technical questions. Sth about wind farms since I mentioned wind farm in the first place. I realized my answer was bullshit after 5 months. 3. Two senior analysts. They are super energetic. Ask one technical question about DSCR. 4. Junior analyst. Very patient Korean guy. Main behavioral question but he was trying to incentive me to dig up sth new from my hobbies. What are lessons you learn from chess? Quite tricky.

Summer Analyst Interview - Investment Banking

Anonymous interview candidate in London
Interviewed: February 2017
Outcome
No Offer
Interview Source
Recruiter
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Interview
The interview is based on 3 different steps: call with HR, Skype interview with 2 Associates and a phone call with MD.
Interview Questions
The questions were average both competency-based and technical.
They asked me:
1. why IB and why Banca IMI (example of recent transaction)
2. SWOT analysis of yourself (within call with the MD)
3.. Walk me through your CV
4. Accounting questions: how do you structure a business plan? Walk me trough the 3 statements (main focus on Cash flow statement)
5. Valuation questions: DCF, comparables, EV, Equity value,
6. Difference between a sell-side and a buy-side pitch (describe the second one in details)

Investment Banking Intern Interview - Mergers and Acquisitions

Anonymous employee in London
Interviewed: May 2016
Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
1 on 1 Interview
Interview
-First, I had a Skype personal interview with the Group's HR. Questions ranging from Walk me through your resume and tell me about a group project you were involved in, to strength and weaknesses and why Investment Banking (and specifically M&A).
-After two weeks, I receive a phone call where the HR of Banca IMI, the Investment Bank of the Group, wanted to see me and hold the technical interview.
-I see the HR and, after the same questions and answers, I have a 3-hour technical interview with one associate and one analyst, one associate and the MD (each turn last approx. one hour)
-Questions of the technical interview: 1st round -> 1) Tell me your story; 2) How to calculate EV (very in-depth); 3) What is Minority Interest; 4) LBO model; 5) Three levers to increase exit EV in LBO; 6) what's a DCF; 7) how to normalize free cash flow; 8) 9) Why should we hire you; 10) how the market is doing; 11) brainteaser; 2nd round -> 1) tell me your story; 2) what's a DCF; 3) difference between trading and transaction multiples; 4) M&A model; 5) accounting questions; 6) brainteaser; 3rd round -> 1) tell me your story; 2) how to value a machinery company
Interview Questions
1) Do you add treasury stocks to the Equity Value to get to the EV? True answer: No, because the market is already taking into account in the current stock price.
2) Brainteaser: One investor comes and offers $100 for a 100% equity firm while another one offers, for a different company (also 100% equity), $50 for its 50% as capital increase. At time zero, which offer makes the current firm's owner richer? True answer: the first one. Difficulty: the case was badly explained and I was already under pressure, making everything harder.
3) In the normalization of FCF, which tax rate do you consider?