Investment Banking Summer Analyst

Status
Intern at
Group/Division/Type
Investment Banking
City
Houston
Interviewed
January 2014
Overall experience
Very Positive
Difficulty
Difficult

General Interview Information

Outcome
Accepted Offer
Interview Source
In-person
Length of Process
4-5 months

Interview Details

What did the interview consist of?
Phone Interview
1 on 1 Interview
Group Interview
Please describe the interview / hiring process.
I contacted the MD in September (Cold called), had an informational interview with two Senior Associates in October. I then had a first round interview over the phone on January 3rd. The first round was all technical and no behavioural. First asked what I-banking was, what bankers do, why I want the summer analyst position, who the CEO was, Oil & Gas prices, Valuation types and the one that gives the highest value, EV & Eq.V, DCF Walkthrough, FCF calculation and a multi step accounting question scenario.

I was invited to Houston a week after for their super day in Houston. There was a dinner/drink event the night before and had an interview with about 12 people from 1:30-5:30. This consisted of mostly resume walk through and mathematical puzzling questions and "what do you do for fun"-esque questions as well as what sparked my investment banking interests.

I received an offer the following morning.
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