Progress Partners Interview Questions

11 total interview insight submissions
Interview Experience (92%)

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.

3.7
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (76%)

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 (44%)

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.

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

Interviews at Progress Partners

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Filter by:
Year
Job Title
Group/Division
Location
Experience
Difficulty
Intern
Year 2023
Job Title Intern
Group/Division Investment Banking
Location Boston
Experience
Positive
Difficulty
Average
Intern
Year 2021
Job Title Intern
Group/Division N/A
Location Boston
Experience
Positive
Difficulty
Easy
Intern
Year 2019
Job Title Intern
Group/Division Investment Banking
Location Boston
Experience
Very Positive
Difficulty
Average
Intern
Year 2019
Job Title Intern
Group/Division Investment Banking
Location Boston
Experience
Positive
Difficulty
Average
Intern
Year 2018
Job Title Intern
Group/Division Investment Banking
Location New York
Experience
Positive
Difficulty
Very Easy
Intern
Year 2016
Job Title Intern
Group/Division Investment Banking
Location Boston
Experience
Positive
Difficulty
Easy
Intern
Year 2014
Job Title Intern
Group/Division Mergers and Acquisitions
Location Cambridge
Experience
Neutral
Difficulty
Average
Intern
Year 2013
Job Title Intern
Group/Division Investment Banking
Location New York
Experience
Positive
Difficulty
Easy
Intern
Year 2013
Job Title Intern
Group/Division
Location Cambridge
Experience
Very Positive
Difficulty
Average
Intern
Year 2013
Job Title Intern
Group/Division
Location Cambridge
Experience
Negative
Difficulty
Difficult

Interview Questions & Answers - Progress Partners Examples

Summer Analyst Intern Interview - Investment Banking

Anonymous employee in Boston
Interviewed: October 2023
Date Submitted: Nov 21, 2023
Outcome
Accepted Offer
Interview Source
Employee Referral
Length of Process
2-3 months
Application
Phone Interview
Interview
I knew someone at the company on an analyst level. Was introduced to HR Manager and interviewed with 2 Associates. The interview was online and pretty straightforward. Basic questions like walk me through a DCF and questions about my experience and interests.
Interview Questions
Asked about my interests section of resume. Asked about music, literature, and other personal interests.
Asked about how to get from revenue to unlevered free cash flow.
Sample Answer

Intern Interview

Anonymous employee in Boston
Interviewed: March 2021
Date Submitted: Nov 22, 2022
Outcome
Accepted Offer
Interview Source
Recruiter
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Interview
Pretty straight forward. 1-1 with an analyst and then 1-1 with an associate. Fairly simple questions about background, past internships
Interview Questions
Introduce yourself. Why this bank?
Sample Answer

Summer analyst Interview - Investment Banking

Anonymous employee in Boston
Interviewed: January 2019
Date Submitted: Mar 01, 2021
Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
Phone Interview
Personality Test
Interview
Consisted of a series of phone interviews of behavioral questions, and then technical skills interview.
Interview Questions
There were some brain teasers/trick questions but everything is reasonable as long as you were adequately prepared.
Sample Answer

Investment Banking Fall Analyst Interview - Investment Banking

Anonymous employee in Boston
Interviewed: July 2019
Date Submitted: Jul 20, 2019
Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Interview
The first step in engaging in the interview process was reaching out to the recruiting email on the company website. I was instructed to attach my resume, cover letter, and availability. With in one week, the associate in charge of the process reached out to schedule a phone interview. That was scheduled for a week later. This interview consisted of all behavioral/fit questions followed by an opportunity to ask questions. With in a week of this interview I was asked back for a final in person interview at their offices. I was interviewed by 3 different analysts/associates at the firm. I was instructed to walk each person through my resume then answer a series of technical questions. This was followed by an opportunity to ask questions.
Interview Questions
I was asked a series of technical questions in my final round interview. The questions were normal difficaulyy with some being slightly challenging. The questions I was asked is as follows:
How do you calculate EBITDA?
What does EBITDA represent? Why is it more important than revenue?
Walk me through a DCF?
Explain what WACC is and how it is calculated?
Then elaborate on how you get rate for Equity, PS, and Debt
Walk me through a comparable analysis? Also, explain how the companies are chosen?
Walk me through a precedent transaction?
What valuation method (DCF, Comp Co, or Precedent Transactions) would yield the highest valuation?
Sample Answer

Summer Intern Interview - Investment Banking

Anonymous interview candidate in New York
Interviewed: February 2018
Date Submitted: May 19, 2019
Outcome
Declined Offer
Interview Source
Other
Length of Process
1-2 months
Application
Phone Interview
Interview
Reached out to an alumni currently working at the firm. Completed a first round phone interview main consisting of basic behaviourals (Why IB?) (Tell me about yourself). Second round was another phone interview with an Associate, consisting of the most basic technicals, and behaviourals.
Interview Questions
The first round phone interview consisted of very basic behavioural questions "Why Investment Banking?", "Tell me about yourself?" People were generally very nice and easy-going. After the first round, the second round was another phone interview with an Associate at whichever office you chose to work with. The second round was composed of very basic technical questions, and behaviourals. During the second round there were some follow up questions to your "Why Investment Banking" answer. Also, I was asked if I had ever done any financial modeling.
Sample Answer

Intern Interview - Investment Banking

Anonymous interview candidate in Boston
Interviewed: December 2016
Date Submitted: Aug 14, 2018
Outcome
No Offer
Interview Source
Employee Referral
Length of Process
1-2 months
Application
Phone Interview
Group Interview
Interview
I reached out to an employee at the firm, who then set up a phone screen with two people (analyst & associate). I then had an in-person interview a few weeks later with two people. Everyone was very professional.
Interview Questions
A lot more fit questions than I anticipated. There was a lot of emphasis on my writing skills and on my ability to handle feedback on my work. They also spent a long time talking about my personal interests outside of work. There was nothing technical at all, but just be prepared to know your resume in and out (which you should already). Super friendly people, try to let your personality show as much as possible in the interview and stress your past experiences at school and you should be good to go.
Sample Answer

Summer Analyst Interview - Mergers and Acquisitions

Anonymous employee in Cambridge
Interviewed: 2014
Date Submitted: Aug 21, 2015
Outcome
Accepted Offer
Interview Source
Employee Referral
Length of Process
Less than 1 month
Application
Phone Interview
Interview
Very casual, two phone interviews. Just spoke with an analyst and an associate. Never met them in person. Heard back a week or two later. They use short expirations to get kids in order to compete with bigger firms.
Interview Questions
Very high level technicals that were right out interview guides. Standard DCF/WACC questions. Nothing much too behavioral and was probably the easiest interview process I've seen.
Sample Answer

Investment Banking Summer Analyst Interview - Investment Banking

Anonymous employee in New York
Interviewed: March 2013
Date Submitted: Apr 11, 2013
Outcome
Accepted Offer
Interview Source
Other
Length of Process
1-2 months
Application
Phone Interview
Group Interview
Interview
I cold-called an MD and spoke for 10 or so minutes, and was then told to email a senior analyst. I then got a phone interview, which was all basic fit/background/why IB type questions. A while later, I got an invitation for a final round skype interview with two senior analysts, and this again was mostly fit questions, as I had no prior IB experience (currently a sophomore, interned at ING as an actuarial intern after my freshman year). The only non fit type question, was one of the analysts asking me out of the blue how I would go about valuating google.
Interview Questions
What is Google's market value right now? I basically reasoned how they get a lot of money from ads, they own android and how that is now over 50% of the smartphone market
If we give you the offer, what would be the biggest obstacle for you to overcome? (not verbatim-essentially, he asked what I thought I would struggle with the most to adjust to, etc. if I got the job)
Sample Answer

Summer Analyst Interview -

Anonymous employee in Cambridge
Interviewed: February 2013
Date Submitted: Mar 22, 2013
Outcome
Accepted Offer
Interview Source
Other
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Interview
Got a phone interview from a cold email, and that was all fit questions/tell me about yourself/why IB type of thing. Fairly straightforward. the next round was a skype interview 1 on 1. a few more general questions(biggest weakness, etc.), worked through a few cases, had a few logic questions, and a few tech questions. Nothing out of the ordinary, again, if you study up and do your work nothing that would stump you (unless I got lucky and happened to get what I percieved as easy logic questions)
Interview Questions
Estimate the annual income of the tie industry in the UK. Caught me off guard at first, but they want to see how you think through a question like this.
Another weirdish one had more to do with PE, and he asked me about holding portfolios for private schools. Went through a few hypotheticals, and he wanted to see me intuitively explain (since he knew I'd have no idea) why, depending on certain variables, you would want to have a portfolio set up in a certain way
Sample Answer

Summer Analyst Interview -

Anonymous interview candidate in Cambridge
Interviewed: February 2013
Date Submitted: Mar 13, 2013
Outcome
No Offer
Interview Source
Other
Length of Process
Less than 1 month
Application
Phone Interview
Interview
I only had a first round interview. Had one guy interviewing and another typing notes on the interview. Only specific thing I know about the company is that they mentioned they don't do much modeling compared to other firms and their culture is much more relaxed than an NYC.
Interview Questions
How would you value a private company with no comparables by size?

This was the first technical I had ever received and I'm pretty sure it was because I have DCF on my resume.
Sample Answer