Investment Banking Summer Analyst

Status
Student / Prospective Monkey at
Group/Division/Type
Investment Banking
City
Charlotte
Interviewed
August 2021
Overall experience
Very Positive
Difficulty
Difficult

General Interview Information

Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
4-5 months

Interview Details

What did the interview consist of?
Phone Interview
Group Interview
Skills Test
Personality Test
Please describe the interview / hiring process.
Applied in April, heard back at end of July for a first round 30 min. phone interview. 2-1 interview, 1 VP, 1 Associate. Was super confident in my story and my technicals (Walk me through a DCF, got grilled on the details, WACC, Terminal Value, then tell me how to do a trading comps analysis). Ask if they have any hesitations to moving you forward so you get feedback. Follow-up 24 hours after. 2 weeks later, got the superday, received an email with group preferences and upcoming/pending interviews/offers. Superday is two 30 min. virtual interviews back to back. 2-1, VP & Associate all from different groups. 1 easy (fit, behavioral, tell me about this on your resume), 1 technical, harder than phone interview (100k fixed asset, 50% cash 50% debt, how does it affect all three statements). Ask good questions, tell me about most exciting time in your career, any hesitations to selecting me for the summer analyst role, (so you get feedback, & they reinforce the good ab you). Followed-up with unique thank yous. Should get the offer if you make it to the 1st round and follow these steps. Non-target, high GPA & undergrad investment club.
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$50m+
Est Annual Revenue

Other Interview Data

Associate (Vice President)
Goldman Sachs, CHICAGO, 2016
Trader (Vice President)
HSBC, New York, 2022
Vp (Vice President)
Morgan Stanley, New York, 2021
Vp (Vice President)
Morgan Stanley, New York, 2021
Quantitative Strategist (Vice President)
Morgan Stanley, NA, 2020

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