Stephens Interview Questions

3 total interview insight submissions
Interview Experience (39%)

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.

3.3
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (68%)

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.

2.3
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult
% Interns - FT Offers (69%)

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.

N/A

Interviews at Stephens

Filter by:
Year
Job Title
Group/Division
Location
Experience
Difficulty
Student / Prospective Monkey
Year 2026
Job Title Student / Prospective Monkey
Group/Division Investment Banking
Location New York
Experience
Positive
Difficulty
Easy
Intern
Year 2025
Job Title Intern
Group/Division Investment Banking
Location Dallas
Experience
Neutral
Difficulty
Easy
Intern
Year 2020
Job Title Intern
Group/Division Generalist
Location New York
Experience
Neutral
Difficulty
Average

Interview Questions & Answers - Stephens Examples

Summer Analyst Interview - Investment Banking

Anonymous interview candidate in New York
Interviewed: January 2026
Outcome
No Offer
Interview Source
Employee Referral
Length of Process
1-2 months
Application
Phone Interview
Interview
All interviews were over the phone. First one with an analyst, second associate then third with VP. After that in person super day in Little Rock Arkansas no matter what office applying for. All Interviewers were from the office you applied for but different groups across the board. You get sent email from the interviewer so you have time to research them and you coordinate the interview time with them yourself.

Both 1st and 2nd round interviews with analyst and associate were very light on technical questions. Basic walk me through 3 statements, 3 valuation methods, EV & EQV questions. I believe there was a strong focus on why you are interested in Stephens as they pride themself on being family owned and also why you want to work at a MM shop.

The third round with the VP was harder. Definitely pressed into my resume pretty hard, asking some specific questions about my experiences and also asked to dive deeper into technical questions. All pretty basic concepts around accounting, DCF, and valuation but liked to ask follow ups on the basics ( I.e. explain when you would use PGR vs. exit multiple, list line items on all 3 statements, how would increase in AP affect cash flow, when would PE pay more than Strategic).
Interview Questions
When would you use PGR vs. Exit Multiple?
What are the line items on all 3 financial statements?
How does an increase in AP affect cash flow?
When would a PE firm pay more than a Strategic acquirer?
What would you do on a random free Saturday in New York?

Analyst Interview - Investment Banking

Anonymous interview candidate in Dallas
Interviewed: September 2025
Outcome
No Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
1 on 1 Interview
Interview
I received an interview for the Dallas office after applying online. I had a first round interview with a team member. The interview was very straightforward with standard behavioral and technical questions
Interview Questions
No difficult questions

Analyst 1 Interview - Generalist

Anonymous interview candidate in New York
Interviewed: September 2020
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Interview
Started with networking calls with Analysts and Associates which eventually led to a first round interview, consisting of mostly fit related questions, then a second round technical superday.
Interview Questions
Math questions relating to accretive/dilutive deals
video
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