Investment Banking Summer Analyst

At target school for Jefferies. Jefferies came in the fall for an info session. Then they hosted coffee chats at the end of January. Then they came to campus to host in person interviews in Late February. The in person interview consisted of two 20 minute interviews (back to back). Each interview was with 1 MD and 1 Analyst/Associate. Mostly behavioral questions (tell me about yourself, why banking, why jefferies, etc.). Lot of time spent within the tell me about yourself and follow up questions based on your experience. Few technicals in each interview room, such as "walk me through a DCF", what is WACC, what are pros and cons of the different valuation methods, which is more costly - debt or equity". Overall not an extremely difficult interview but heavy focus on behavioral answers. Upon making it through that round, emails were sent out later in the same day with invites to dinner. They bring 7-8 students to dinner and this is the final round. Of those 7-8 students, 4-5 receive offers the next day.