RKCA Investment Banking Interview Questions

5 total interview insight submissions

Interview Experience (91%)

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.

4.5
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (71%)

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.

2.8
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult
% Interns - FT Offers (4%)

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.

Interviews at RKCA Investment Banking

Year Position Location Group/Division Experience Difficulty
2022 Analyst Cincinnati Generalist Very Positive Average
2023 Summer Intern Cincinnati Generalist Very Positive Average
2021 Intern Cincinnati Investment Banking Positive Easy
2021 Intern Cincinnati Investment Banking Positive Easy
2019 Summer Analyst Cincinnati Generalist Positive Average

Analyst Interview - Generalist

Anonymous employee in Cincinnati

Outcome

Accepted Offer

Interview Source

Applied Online

Length of Process

1-2 months
Interviewed: December 2022 Date Submitted: Sep 06, 2023

Application

Phone Interview
1 on 1 Interview
Group Interview
Skills Test
Drug Test
Background Check

Interview

The process was fairly structured and straight forward. The first interview involved a meeting with the two employees in charge of recruiting (a VP and an associate). The second interview was a technical interview. The third and fourth interviews were more fit/personality type interviews.

Interview Questions

The most difficult questions centered around how would you value small private companies that do not fit into any general industry.
Sample Answer

Summer Intern Interview - Generalist

Anonymous employee in Cincinnati

Outcome

Accepted Offer

Interview Source

Applied Online

Length of Process

Less than 1 month
Interviewed: January 2023 Date Submitted: Jun 08, 2023

Application

1 on 1 Interview

Interview

Meet 1 on 1 with a analyst or associate or vp. Ask you about your interest in Banking, Why RKCA?, Why Lower Middle Market? Then asked three technical questiosn such as, Walk me through a DCF, What is a comparable company analysis, What is a Precedent Transactions analysis. Rank the methologies ?How would you value a private company using public company financials? After that, it was Q&A. Total interview was about 30 mins.

Interview Questions

How do you value a private company using public company financials
Sample Answer

Intern Interview - Investment Banking

Anonymous employee in Cincinnati

Outcome

Accepted Offer

Interview Source

Employee Referral

Length of Process

1-2 months
Interviewed: August 2021 Date Submitted: Dec 09, 2022

Application

Phone Interview
Drug Test
Background Check

Interview

Was a very informal process, two rounds (remote), with a current analyst. Asked basic questions regarding interest in banking, understanding of the current market, as well as 3 accounting/technical questions. Took a few weeks to hear back once I had submitted a resume, and the a week in-between interviews. Was offered a few days following the second.

Interview Questions

Nothing unexpected, just some questions to illustrate basic accounting and market understanding.
Sample Answer

Summer Analyst Interview - Generalist

Anonymous employee in Cincinnati

Outcome

Accepted Offer

Interview Source

Employee Referral

Length of Process

1-2 months
Interviewed: May 2019 Date Submitted: Jul 06, 2019

Application

1 on 1 Interview
Background Check

Interview

I spoke to an associate who I had reached out to on LinkedIn on the phone. A year later I called asking if the firm was hiring. He asked me to send my resume, at which point I received an email that I would have an interview. I first met with a VP who guaged my general fit at the firm and in the industry, as this was my first IB position. Next round I met with the analyst I would be working under who guaged my general aptitude in finance. Neither interview was particularly formal or 'difficult.' I was asked four technical questions.

Interview Questions

The majority of the interviews consisted of getting to know one another, essentially making sure they could live with working with me for a summer, given it is a small firm. The analyst asked me four technical questions, ranging from general finance / accounting principles to the four major types of valuation methods. I was most familiar with the DCF valuation method, not particularly so with the specifics of the LBO valuation method, which was likely my most glarring shortcoming, given the firm is also a PE shop.
Sample Answer