Oaktree Special Sits Sophomore Summer

Based on the most helpful WSO content, here's what you can expect for your second round and future rounds at Oaktree for a sophomore summer role:

1. Second Round:

   • This round is likely to be a mix of resume-based questions, case/deal experience discussions, and behavioral questions.
   • Be prepared to discuss your past experiences in detail, especially anything related to finance, investments, or problem-solving. Ensure you have a solid grasp of everything on your resume, as any gaps or unclear answers could hurt your candidacy.

2. Future Rounds:

   • Technical Questions: These could include topics like financial modeling, valuation methods (DCF, Comps, LBOs), and accounting concepts. Make sure you understand how to navigate from TEV (Total Enterprise Value) to Equity Value and can explain the impact of transactions on financial statements.
   • Case Studies or Modeling Tests: You might be given a take-home case study or a live modeling test. These tests assess your ability to analyze data, build financial models, and present your findings.
   • Behavioral and Fit Questions: These will continue to be a focus. Oaktree values candidates who are thoughtful, detail-oriented, and can articulate their decision-making process clearly.

3. General Tips:

   • Grooming and presentation matter. Avoid any signs of sloppiness, such as unkempt hair or lack of enthusiasm.
   • Show genuine interest in the role and the firm. Research Oaktree's investment strategies, especially in special situations, and be ready to discuss why you're a good fit for their team.

Good luck with your interview—crush it!

Sources: 20 Most Frequently Asked Questions - London Edition, Jane Street Final Round - What to Expect, UG Recruiting Part II: The first round interview, Q&A: 2nd year BA/A/AC at MBB going to UMM/MF in 2020, Breaking into buy-side equity research - my experience