Equiteq Interview Questions

1 total interview insight submissions
Interview Experience (64%)

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
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (52%)

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.

4
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult
% Interns - FT Offers (89%)

The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews 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 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 reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to the simple company average and away from the average of the entire data set.

Interviews at Equiteq

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1st Year Associate
Year 2019
Job Title 1st Year Associate
Group/Division Mergers and Acquisitions
Location New York
Experience
Neutral
Difficulty
Difficult

Interview Questions & Answers - Equiteq Examples

Associate Interview - Mergers and Acquisitions

Anonymous interview candidate in New York
Interviewed: November 2019
Date Submitted: Nov 15, 2019
Outcome
No Offer
Interview Source
Applied Online
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Presentation
Other
Interview
Applied by emailing HR. Got a request for a phone screen with the director in NY (Sam Levy). Had to make a pitch deck about Cello Health (Ticker CLL) and was given 1 week to make it. One day after turning in the slide, they wanted me to fly in to their office in NY (Self-financed as they don't pay for accomodation or transport). During the in person interview, I presented by deck and the process was about 1.5 hours overall.

Link to Deck I made: https://drive.google.com/open?id=1BGv1nfHjmCe7MUcjGpTT36GJ-iSggEuI
Interview Questions
1. Interview was 1.5 hours, they questioned every assumption I made.
2. How the business made money
a. Explained how consulting firm made money in general. Wasn’t sure if they wanted specifics. Seemed impossible to be that specific,
3. what specifically does the business do in their consulting platform
a. Tried my best to explain Cello is a health care consulting firm, doing some strategic consulting as well as some brand portfolio consulting.
4. why UK risk free rate so low despite UK has Brexit going on
a. they asked why the 10-year yield is so low despite Brexit. I told them the 10 year UK rate is low but did take into account the sensitivity of the inputs on the sensitivities
5. how much premium to add given the country risk of UK
a. Told them perhaps another 1-3 percent. Just a shot in the dark
6. What’s the range for the small cap premium?
a. Told them should be approx 1 to 3 percent, but also included sensitives for overall WACC in the sensitivity tables.
7. Why is this slide important?
a. They question why some slides are important. I just answered why I thought it would be important.
8. What does 80% held by institutions mean for financial buyers
a. Wasn’t sure what they were asking. I answered perhaps it would be good to know your audience to see if you might be getting a larger pushback
9. What each of company’s division do specifically
a. Explained on a very high level Cello has a healthcare consulting division in addition to a marketing analytics division and they basically are staffed on projects and assignments and billed like how consultants in Mckinsey Bain Boston are billed.
10. How will a financial buyer add value to their portfolio by acquiring this firm (not sure if they're asking in general or for that firm specifically)
a. I said vertically integrate similar professional services firms in their portfolio, If not merge Cello into one of the portfolio companies owned by the PE firm.
Sample Answer