Intern

First interview round. Phone call with analyst and associate.
1) CV and what I learned in my previous finance related internship
2) Technical questions: name the 3 statements, what's the impact of increasing depreciation by X amount in them, name the elements of the income statement and cash flow, tell me valuation methods, walk me through a DCF (answered wrong, said to discount net income, they asked what the problem was with using net income in case u don't know is because u gotta take debt into account), how to calculate FCFF/FCFE, equity value, what do you think X's multiple could be...
3) Other: tell us something outside your CV (hobbies), questions about IB (what do you think we do, what would your responsiibilities look like, who are our clients), do you have any questions
90% technical, they were really nice and when answering wrong they provided with guidance