Comments (20)

Funniest
Dec 9, 2021 - 10:36am
Destressed Debt, what's your opinion? Comment below:

Know the in's and out's of the 4 pigs you audited back in the day. The accounting knowledge will come in handy when speaking as to your transferrable skills.

Get Jiggy With It

  • 8
Dec 9, 2021 - 1:24pm
omegaluuuul, what's your opinion? Comment below:

I think my weaknesses will show in technical questions. Any ideas on specific questions or cases they may ask?

First round should be all behavior questions though right?

Dec 9, 2021 - 4:28pm
rip_bbar, what's your opinion? Comment below:

Should understand differences in tranches of debt and understand the importance of liquidity in a company under distress. Could pm me perhaps I can help more

Dec 9, 2021 - 8:21pm
Smoke Frog, what's your opinion? Comment below:

Make sure you understand how to break down an entire pig, from head to hooves. Would understand the differences between bacon, Canadian bacon and Iberica ham. Finally, make sure you have a bovine joke or two in your back pocket.

  • Incoming Analyst in CorpStrat
Dec 9, 2021 - 9:57pm

God, one fucking typo and now a whole thread is filled to the brim with useless, stupid jokes? If you don't know the answer to OP's question, then leave it be until someone who does comes along with an answer. None of you are funny.

https://www.wallstreetoasis.com/forums/alvarez-marsal-restructuring-interview

I found this thread, OP. You can reach out to the OP there and ask about their experience, maybe they'd be receptive. If you get an answer, please do consider bumping this thread to add a resource for others in the future.

Most Helpful
  • VP in IB - Restr
Dec 11, 2021 - 3:27pm

You should understand the mechanics of a 13-week cash flow forecast and how to prepare/review one. You should be generally familiar with the various types of debt and describe some differences between what a 1st and 2nd lien senior secured creditor is. You should know how the mix between cash and PIK interest impacts the debt balance over time. Probably not a bad idea to review what types of recommendations you would make to preserve liquidity for a distress company (RIF, stretching AP, accelerating AR, identifying contribution margins by SKU to see where a business should discontinue certain products, know what a borrowing base is with asset-based lines of credit and some of the risks/benefits companies have with obtaining an ABL facility). This list could really go on....

Below are the most current comps for Rx at A&M.   

  • Analyst - $80-110k base
  • Associate - $120 – 150k base
  • Sr. Associate – $160-190k base
  • Director - ~200k+ - (all-in is around 550 – 700k for Directors)
  • *Bonus is usually 100% for Analyst – Senior Associate
  • *Bonus is usually 150%+ for Directors
  • Principal in PE - Other
Dec 17, 2021 - 12:37pm

Ea impedit dolore non a. Dolores similique voluptas deleniti recusandae sit. In iure dignissimos aut nesciunt maiores.

Start Discussion

Career Advancement Opportunities

August 2022 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.8%
  • Boston Consulting Group (BCG) 98.2%
  • Oliver Wyman 97.6%
  • LEK Consulting 97.1%

Overall Employee Satisfaction

August 2022 Consulting

  • Cornerstone Research 99.4%
  • Bain & Company 98.8%
  • Boston Consulting Group (BCG) 98.2%
  • McKinsey and Co 97.6%
  • Oliver Wyman 97.1%

Professional Growth Opportunities

August 2022 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.8%
  • Boston Consulting Group (BCG) 98.2%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.1%

Total Avg Compensation

August 2022 Consulting

  • Partner (4) $368
  • Director/MD (50) $268
  • Principal (23) $268
  • Vice President (42) $244
  • Engagement Manager (88) $221
  • Manager (140) $166
  • 2nd Year Associate (140) $138
  • 3rd+ Year Associate (102) $129
  • Senior Consultant (303) $128
  • 1st Year Associate (490) $117
  • Consultant (540) $116
  • Engineer (4) $110
  • NA (12) $109
  • 3rd+ Year Analyst (123) $108
  • 2nd Year Analyst (280) $98
  • Associate Consultant (151) $96
  • 1st Year Analyst (948) $85
  • Intern/Summer Associate (159) $81
  • Intern/Summer Analyst (441) $67