Piper Sandler Interview Questions

104 total interview insight submissions
Interview Experience (99%)

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.

4
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (90%)

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.

2.7
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult
% Interns - FT Offers (100%)

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.

80%
  • 0%
  • 10%
  • 20%
  • 30%
  • 40%
  • 50%
  • 60%
  • 70%
  • 80%
  • 90%
  • 100%

Interviews at Piper Sandler

Filter by:
Year
Job Title
Group/Division
Location
Experience
Difficulty
Student / Prospective Monkey
Year 2020
Job Title Student / Prospective Monkey
Group/Division Investment Banking
Location Houston
Experience
Very Positive
Difficulty
Average
1st Year Analyst
Year 2021
Job Title 1st Year Analyst
Group/Division Industrials
Location Minneapolis
Experience
Positive
Difficulty
Average
1st Year Analyst
Year 2020
Job Title 1st Year Analyst
Group/Division Public Finance
Location Minneapolis
Experience
Positive
Difficulty
Average
N/A
Year 2020
Job Title N/A
Group/Division Investment Banking
Location Charlotte
Experience
Positive
Difficulty
Easy
N/A
Year 2018
Job Title N/A
Group/Division Investment Banking
Location Charlotte
Experience
Positive
Difficulty
Very Easy
1st Year Analyst
Year 2020
Job Title 1st Year Analyst
Group/Division Generalist
Location New York
Experience
Neutral
Difficulty
Average
Student / Prospective Monkey
Year 2020
Job Title Student / Prospective Monkey
Group/Division Investment Banking
Location Minneapolis
Experience
Neutral
Difficulty
Average
1st Year Analyst
Year 2020
Job Title 1st Year Analyst
Group/Division Investment Banking
Location New York
Experience
Neutral
Difficulty
Easy
Summer Associate Intern
Year 2019
Job Title Summer Associate Intern
Group/Division Investment Banking
Location charlotte
Experience
Very Positive
Difficulty
Easy
Student / Prospective Monkey
Year 2019
Job Title Student / Prospective Monkey
Group/Division Investment Banking
Location Minneapolis
Experience
Neutral
Difficulty
Average

Interview Questions & Answers - Piper Sandler Examples

Analyst Interview - Investment Banking

Anonymous interview candidate in New York
Interviewed: September 2026
Outcome
No Offer
Interview Source
Employee Referral
Length of Process
Less than 1 month
Application
1 on 1 Interview
Interview
The hiring process consisted of two main stages. The first was a HireVue with six questions, covering a mix of behavioral, motivational, and experience-related topics. The process then moved to a Superday consisting of four separate interviews with members of the team.
Interview Questions
Walk me through how a CIM is structured
Calculate EqV with a given set of values
What affects the FS in a merger model?
Difference between Private comps and public comps in a football field
Affect of RSUs and PSUs for a share price

Fixed Income Sales & Trading Summer Analyst Interview - Fixed Income

Anonymous employee in Minneapolis
Interviewed: September 2024
Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
Phone Interview
Interview
Simple interview process: Hirevue into call with hiring team. Interview skews very behavioral, and they more want to see that you have a genuine interest in fixed income.
Interview Questions
Tell me about something that might move the treasury curve. Why Fixed Income? Three qualities of a good leader.

Summer Analyst Interview - Investment Banking

Anonymous employee in New York
Interviewed: April 2025
Outcome
Accepted Offer
Interview Source
Employee Referral
Length of Process
Less than 1 month
Application
Phone Interview
Group Interview
Interview
Phone screen with standard questions into a 2 round virtual super day with members from the group. Phone screen included traditional behaviorals and super day had some fairly easy technicals
Interview Questions
Why FIG? Why New York?

IB SA Interview - Investment Banking

Anonymous interview candidate in Chicago
Interviewed: February 2024
Outcome
Declined Offer
Interview Source
Applied Online
Length of Process
1-2 months
Application
1 on 1 Interview
Group Interview
Interview
Started off with a hirevue, fairly basic questions. Things about the firm, basic technicals, and behaviorals. The superday was a little more complex- 3 rounds of 1 or 2 on 1, but it was mostly a vibe check. The asked technicals, but primarily wanted to see how interested you are in the industry
Interview Questions
N/A

Summer Analyst Interview - Investment Banking

Anonymous interview candidate in New York
Interviewed: February 2026
Outcome
No Offer
Interview Source
Applied Online
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Interview
Hiring process was good. Began as a first round zoom call with an analyst and started off with more basics and then over time throughout more interviews it went a bit more in-depth. There was a total of 4 rounds of interviews. I had originally applied online and I think the culture seems pretty supportive and tight-knit. Some of the interviews were behavioral and some were more technical but a lot of the technicals were surrounded around healthcare trends.
Interview Questions
Walk me through the 3 financial statements.
How would you value a healthcare company that is pre-revenue?
Tell me about a Healthcare trend you have been following?
What are the 3 valuation methodologies?
How would you value a company that is pre-revenue?

Summer Analyst Interview - Investment Banking

Anonymous interview candidate in Richmond
Interviewed: January 2026
Outcome
No Offer
Interview Source
Applied Online
Length of Process
2-3 months
Application
1 on 1 Interview
Skills Test
Interview
-Initial networking calls and On-campus recruiting (I had calls with two analysts and met them in person)
-30 min interview first round, split into technical and behavioral section
-I did not get a superday but my friends who did said the technicals were hard compared to other banks
Interview Questions
"what valuation methods do you think we use the most"

Summer Analyst Interview - Generalist

Anonymous employee in New York
Interviewed: February 2026
Outcome
Accepted Offer
Interview Source
Employee Referral
Length of Process
Less than 1 month
Application
Group Interview
Interview
Networking to Hirevue to Superday. All virtual. The Hirevue was behavioral. The Superday was 3 interviews, all 2 on 1. Behavioral, Behavioral/Markets, and then Technical/Brain Teaser.
Interview Questions
Brain Teaser about rope.

2027 Summer Analyst Interview - Mergers and Acquisitions

Anonymous employee in San Francisco
Interviewed: January 2026
Outcome
Accepted Offer
Interview Source
Employee Referral
Length of Process
Less than 1 month
Application
Other
Interview
Spoke with an alum at the firm. He liked me and passed me on to an analyst. Applied and was sent a hirevue. Received Superday ~2 weeks after hirevue. People were very friendly and nice.
Interview Questions
Why is a manhole cover round?

Summer Analyst Interview

Anonymous interview candidate in Houston
Interviewed: January 2026
Outcome
No Offer
Interview Source
Employee Referral
Length of Process
Less than 1 month
Application
Phone Interview
Interview
Purely technical first round, consisted of mostly calculations relating to EV, some accretion and dilution and M&A model stuff. Not a single behavioral asked, guy was pretty chill but really just a screener technically wise. Virtual.
Interview Questions
Nothing too crazy, hardest was $200M debt issued, $75M for PP&E, 15% interest rate on debt, 5 year straight-line depreciation schedule, 25% tax rate. Walk me thru the 3 statements at purchase and then after Y1. Calculator was allowed w paper

2027 Summer Analyst Interview - Investment Banking

Anonymous interview candidate in Burlingame
Interviewed: January 2026
Outcome
No Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
Phone Interview
Interview
The first round was two 30 minute zoom calls with an assc and an analyst. Applied online on handshake.
Interview Questions
What is the formula for NRR, GRR, and Churn
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