Sherman and Company Interview Questions

3 total interview insight submissions
Interview Experience (88%)

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.

4.7
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (22%)

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
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult

Interviews at Sherman and Company

Filter by:
Year
Job Title
Group/Division
Location
Experience
Difficulty
Intern
Year 2018
Job Title Intern
Group/Division Mergers and Acquisitions
Location Charlotte
Experience
Very Positive
Difficulty
Easy
Intern
Year 2013
Job Title Intern
Group/Division Investment Banking
Location Charlotte
Experience
Very Positive
Difficulty
Easy
Intern
Year 2013
Job Title Intern
Group/Division
Location Charlotte
Experience
Positive
Difficulty
Easy

Interview Questions & Answers - Sherman and Company Examples

Summer Analyst Interview - Mergers and Acquisitions

Anonymous employee in Charlotte
Interviewed: March 2018
Outcome
Accepted Offer
Interview Source
Employee Referral
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Interview
I got my foot in the door from a connection of mine who used to work closely with the firm. He submitted my resume and they began the interview process quickly.


1st - Phone Interview with HR. No technical questions, just questions that follow the basic "walk me through your resume" theme and a few specific fit questions revolving around why you would like to work with a boutique size firm as opposed to a BB. No smoke in mirrors here, hold a conversation and be friendly. As long as you don't say something that sounds like you won't fit in at a small firm you're good to go to the next round.

2nd - Technical Interview with Associate: (I believe they would typically bring you into the office for this, but I don't go to school nearby, so this was via phone for me) The associate here is top-notch. The majority of his questions were as expected for an IB interview. "Walk me through a DCF," "How do you calculate free cash flow?", "what are some of the valuation methods you have used?", Etc.

3rd - Fit Interview: (Again, this likely happens in person, but I did it on the phone) Once you've made it past the all-knowing associate you'll sit down with a VP and mostly talk to you about "why IB?". My general feeling at this stage was that the position was mine to lose, so don't blow yourself up, all of the senior guys here are pretty laid back and conversational, so if you can talk to them, you can spend 30-45 minutes chatting instead of getting grilled on questions.

I was thrown a random technical question at the end. The VP noticed I mentioned statistics on my resume and asked, "What use does statistics have in banking/valuing a company"? (Answer: We run comps to measure mean, median, and quartile valuation metrics, and we can use specific metrics such as profitability and total valuation to conduct a linear regression analysis to determine a valuation metric.)
Interview Questions
1. Tough Technical Question: "When using the perpetuity growth rate method, theoretically what would happen if we assume a U.S. company's perpetual growth rate is significantly above U.S. GDP growth?"
- Context: I had just walked through a DCF from forecasting financials to determining terminal value. The associate stopped to ask how to calculate TV, and I said you could either used the perpetuity growth method or an exit EBITDA multiple.

2. Unexpected fit question: What is the most rewarding class you have taken and why?

Summer Analyst Interview - Investment Banking

Anonymous interview candidate in Charlotte
Interviewed: February 2013
Outcome
Declined Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month
Application
Phone Interview
Interview
Applied through OCR and was asked to schedule an interview with 1 of the 2 associates. After speaking with her, I was asked to do another phone interview with the second associate a few weeks later. Both associates were very nice and easy to talk to - just be a likable person and don't try to impress them with your technical knowledge. I wasn't asked any technical questions over the phone, almost purely behavioral. After the second phone interview, I was asked to come to Charlotte to meet with everyone. I politely declined because I had chosen to accept another offer, but it seemed like a great culture and place to work. They have an office in NYC as well now.
Interview Questions
Since I was interviewing for an internship positions, most of the questions were centered around "why finance" and "why IBD". Be sure to know a little about their industry (insurance) and have some knowledge about recent deals. Like I said, both women were very easy to talk to and if you can connect with them on a personal level they shouldn't throw you any hard questions.

Summer Analyst Interview -

Anonymous interview candidate in Charlotte
Interviewed: January 2013
Outcome
No Offer
Interview Source
Other
Length of Process
Less than 1 month
Application
Phone Interview
Interview
Got the interview via cold e-mail. I had two phone interviews with associates but was not chosen to fly out for the final round. The questions were mostly fit in both interviews.
Interview Questions
Walk me through a DCF.

I answered this question pretty poorly, not really a difficult question though.
$50m+
Est Annual Revenue

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