Investment Banking Summer Analyst

Status
Intern at
Group/Division/Type
Generalist
City
Singapore
Interviewed
September 2014
Overall experience
Positive
Difficulty
Difficult

General Interview Information

Outcome
Accepted Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months

Interview Details

What did the interview consist of?
Phone Interview
1 on 1 Interview
Personality Test
Please describe the interview / hiring process.
First round -> Networking session, by invite from resume submission, with the IB professionals at the local HSBC headquarters. This allowed the bankers to size down the number of people from over a hundred to roughly 60

Second round -> 2x phone interviews, 1 with a SVP for fit questions, the other with an analyst who will grill you from the technicals.

Final round -> 2x face-to-face interviews. 1 in a room with a SVP, the other in a room with 2 analysts. both were a mixture of fit and technicals, but the analysts tend to grill you harder with the technicals, but then talk to you casually more too.

Advice: Don't just memorize formulaes. What they're looking out for is whether you really understand the rationale behind the entire formulae/DCF/Comps. E.g for CAPM, know why you use the riskfree rate, why you use the equity risk premium, what does beta signify, what's levered/unlevered beta for etc
Overall Company Rankings
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$100bn+
Est Annual Revenue

Other Interview Data

Associate (Vice President)
Goldman Sachs, CHICAGO, 2016
Trader (Vice President)
HSBC, New York, 2022
Vp (Vice President)
Morgan Stanley, New York, 2021
Vp (Vice President)
Morgan Stanley, New York, 2021
Quantitative Strategist (Vice President)
Morgan Stanley, NA, 2020

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