Investment Banking Summer Analyst

First round was with a director and an analyst. Half behavioral, half technical. Behaviorals were as follows and a few more: Why Blair? Why Chicago? Why IB? What has been the most impactful experience that has shaped your long term career goals in the last 2 years (they go very deep into this)? Technicals: Enterprise value questions, paper LBO, walk me through a DCF/three statements. Got the superday notification 30 minutes after the first round. Superday was 4 30 minute interviews. First was behavioral and a case study with an MD. Second was all resume-based and market-based with an MD. Third was purely behavioral with an MD and had some weird behaviorals. Fourth was all LBO focused with an Associate--know paper LBOs and LBO drivers back and forth. Got the offer call 3 hours after the interview (they wait this long for everyone).
General advice:WHY BLAIR–
Last private firm on the street, which creates less downward pressure on firm leadership, which shapes the firms collaborative culture
Upwards of 70% client retention rate because they act in the best interest of their clients since they are a private firm and are not held accountable to generate x amount of fees per quarter
Work with family/founder owned businesses 50% of the time, so you will be helping these founders/families with their lives work as a junior banker, which is super rewarding
People!! Mention any specific conversations that resonated with you
Headquarted in Chicago – youre at the center of everything and have access to firm leadership as a junior, which is invaluable
MM is going to see boom in next 5 or so years (theres a ton of articles/videos about why)
Chicago!! Just be very clear you only want to be in chicago (super easy if you are from Chicago)
Just have your tell me about yourself down, because this is the first question they always ask
It’s an incredibly conversational interview – they’re legit just screening for fit and making sure that you’re normal and can hold a conversation, because at the end of the day, they know you’re smart enough to work there they pushed you to the super
Basic but put on a smile / crack a joke if you can, because for these MDs, this is there break from their day and they genuinely enjoy talking to kids who are enthusiastic about Blair