Real Estate Acquisitions Summer Analyst

Very extensive and difficult interview process. Started with a virtual hirevue and then a Pymetrics assessment, which tested basic knowledge and isn't necessary to study for.

Next was a Teams interview with an Associate, which lasted 20 minutes. Questions were fairly standard and included (1) why RE (2) why BX (3) why acquisitions (4) cash-on-cash (5) where would you invest $100M (6) how current events are impacting the market. Note - the interviewer did not let me use a calculator, so know basic mental math. Nothing too crazy this round.

Superday was in-person and 2 hours long (4 interviews each for 30 minutes). Two interviews were with MDs and solely behavioral/walk me through your resume - nothing too bad. The other two interviews were technical with no calculator. They asked (1) cash-on-cash (2) yield-on-cost (3) pressed me on acquisition opportunities. Know current events well, and you should be a natural at mental math. Interviewers were pretty cold/intense, which makes sense given the environment.

Did not receive an offer, and they called me to communicate that. Overall, the office was intense but that makes sense given BX's name recognition and the salary for full-time Analysts. Was rejected, but my peers who interned noted that FT conversions were difficult as BX (roughly 30-50%). Know Excel modeling like the back of your hand, and be professional as possible. Was only given RE technicals and no IB or traditional finance questions. Interviews were planned all by HR, and they set you up in a nice hotel for the superday with a generous food stipend. However, I only had a few days notice prior to the superday, so plan in advance missing class/getting excused to minimize disruptions.