SA 2025 (Houston) Interview - Investment Banking
1st Round was pretty typical. Just your basic introductions and questions from the 400 Guide: Account > Enterprise / Equity Value > Valuation. Might go into some "why" questions, so be prepared for questions like "Why DCF" or "Why use WAAC"
Superday was three rounds: 1 behavioral, 1 technical, and 1 Senior Banker. Behavioral was rather difficult since they asked really hard and peculiar questions. Technical and Senior Banker rounds were pretty standard to industry (slightly more "why" questions and the senior banker wants to see if you're a likeable and interesting person.
One of them was why IB over PE?
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