Investment Banking Intern

Status
Group/Division/Type
Investment Banking
City
Washington
Interviewed
August 2013
Overall experience
Neutral
Difficulty
Average

General Interview Information

Outcome
No Offer
Interview Source
Other
Length of Process
Less than 1 month

Interview Details

What did the interview consist of?
Phone Interview
1 on 1 Interview
Please describe the interview / hiring process.
I cold emailed the MD of Clearsight. He called back and talked a little about my background, and what I'm looking for. I said I just graduated from a master's degree and I was looking for either full time or internship. He said an intern just left the firm so he might need someone to help out. So he scheduled a time for an office
visit.

Their location is not bad, a lot of companies there. I actually like the office there, because it's so close to the parking garage. So during the office visit, he asked some very standard questions. Why investment banking? What part of investment banking do you like? What are other corporate valuation methods other than DCF? How do I value a high growth tech company? And talk about your internship. It lasted about only 30 minutes. I don't think the interview is too hard. If you prepare well it's not that hard to get the internship position, though it's unpaid. They're also looking for someone with 2-3 experience.

I didn't get the offer maybe because I was late for the interview, and my presentation might not be that good (i.e., not looking passionate)
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