BAML IBD HK
Status
Intern at
Group/Division/Type
Investment Banking
City
Hongkong
Interviewed
October 2018
Overall experience
Difficulty
General Interview Information
Outcome
Declined Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month
Interview Details
What did the interview consist of?
Phone Interview
Please describe the interview / hiring process.
BAML 1st Phone
1. Self Introduction
2. A lot of investment/PE intern, why banking?
3. Elaboration of a PE deal experience
4. Tell me sth. interesting for yourself+ follow up*2
5. Technique:
1. Equity Accounting: Cost/Equity/Consolidation
2. How to do consolidation? How to do with the target company’s Shareholder’s equity?
3. When doing a DCF, how to account for stock based compensation? How to recognize SBC as an expense in DCF?
4. How do you account for convertible bonds in the Enterprise Value formula?
5. What do you think is Tencent’s WACC?
6. Which WACC is higher? Tencent holdings vs Tencent Music Entertainment
6. Question for interviewer + more info you know about BAML
1. Self Introduction
2. A lot of investment/PE intern, why banking?
3. Elaboration of a PE deal experience
4. Tell me sth. interesting for yourself+ follow up*2
5. Technique:
1. Equity Accounting: Cost/Equity/Consolidation
2. How to do consolidation? How to do with the target company’s Shareholder’s equity?
3. When doing a DCF, how to account for stock based compensation? How to recognize SBC as an expense in DCF?
4. How do you account for convertible bonds in the Enterprise Value formula?
5. What do you think is Tencent’s WACC?
6. Which WACC is higher? Tencent holdings vs Tencent Music Entertainment
6. Question for interviewer + more info you know about BAML
Want Access to these Bank of America Merrill Lynch Overall Company Rankings?
- Free 1 month access by adding just 1 salary datapoint here
- REAL salary bonus data across 1,000+ companies
- Plus free 1 month access to 10,000+ interview insights
Was this interview insight helpful?
How many stars would you give to this interview insight?
or Want to Sign up with your social account?