Most Helpful

Okay my take is this (also wait for more season folks in ETF business to comment):

- Look at the ETF offerings in their company website. You can look at their holds, turnover, historical performance to gauge how the manager sort of views the market. (OW/UW sectors/subsectors, investment horizon). I think ETFs have quarterly disclosure requirement on their short positions (I've seen some ETFs track some benchmark while shorting collars to have the premium generate alpha over their benchmark) so look out for these. 

- Whether or not they are equities or fixed income matter less at this point I guess. Know how to read financial statements and three statement interactions. Like the basic stuff on IB prep materials should help you on this end. I feel you look at similar metrics on 10-Ks and 10-Qs in both equities and fixed income, just the perspective is different (FI will look at yield curves and sector curves and their spreads and duration and the fixed income offering based on their views on the aforementioned data, equities will look at strength of the end market potential, competition, externalities - both will look at balance sheet strength and financial flexibility). Also, some managers take into considerations for whether the industry or the company management lean towards shareholder returns versus servicing their creditors. 

- For the interview:

  • Financial statements and the link between them
  • Modelling questions
  • Pitching a stock or two
  • Macro view (your answer should sort of cater to what you see in their ETF holdings and turnovers)
  • Your story, why you, why this firm
 

Accusamus qui eveniet voluptas vero placeat totam dolore. Earum omnis consequatur quis ea eligendi et praesentium.

Porro distinctio quo in unde aliquid soluta incidunt. In ut eos aperiam rerum fugiat asperiores delectus.

Et quisquam quis sequi beatae. Occaecati culpa incidunt ut quis.

Consequatur temporibus quo laudantium sint deserunt blanditiis eius. Voluptas quis et officiis. Ex in non et in commodi culpa ut et.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”