Best way to prepare for second-round corp dev interview?

I have a second-round interview with a corporate development director later this week. The first-round interview was with an associate, and it involved basic merger model questions. The interview is for a fairly small firm, but I want to be prepared nonetheless. I have gone through all transactions on my resume to make sure that I know them cold and have poured over the M&I guide that I used for IB recruiting to make sure that my technicals are sharp. Any other suggestions? SBs for any helpful responses.

9 Comments
 

You should be pretty good. I'd be able to explain why your interest in the industry, be up to date on current trends, etc. Have a solid story for why corp dev besides better hours. Pretty basic stuff for natives of this forum and experienced IB analysts but you would be surprised...

MM IB -> Corporate Development -> Strategic Finance
 

Hi Sil, I'm also very interested in corporate development and want to ask you some questions. Why do yo switch after only one year in banking? How did you find out about this company?

 

Hey Sil, I see you said this is a small firm, so my comment may not relate.

Knowing your transactions on your resume is great, but if they can't sense that you truly got the strategic fit of those deals, then they will move on. You said it yourself, Corp Dev is about long-term strategic fit for the company, and they want employees who will think like that. If you show that your technical are sharp, they may not have confidence that you can think big and think like a CEO.

 
Best Response

I'm an intern, so take what I'm saying with a grain of salt. I'd focus most of your time on becoming well read on this industry, so if this is healthcare, watch the JPM healthcare conference/etc. You're not going to know the industry better than your interviewer, but if you can show that you know and vaguely understand the industry, that shows more interest than the typical "I want to make a difference" "Your industry is exciting, growing, and dynamic" etc.

For a Corp Dev internship interview at one of the largest HC companies, I was peppered with questions about the affordable care act, the implications on the industry and where I saw the industry going in 5 years. That made up nearly half, and the other half was technicals. Since you have relevant prior experience, that'll probably be the third big discussion point.

 

@Sil I hope your interview went well. Quick question - did you by any chance receive a modeling test throughout the interview process? Appreciate your insights!

 

Ex placeat et vitae quia qui quo. Eos vel id voluptas odio. Quia quo velit unde dolor facere suscipit placeat. Voluptas neque perspiciatis tenetur adipisci et voluptas aut.

Iste voluptates repudiandae consequatur ut architecto voluptatum et incidunt. Omnis dolor nobis itaque est provident.

Qui ut velit modi inventore et aut autem. Et facilis et accusamus optio.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (24) $180
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • Intern/Summer Analyst (73) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
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...”