Advice for research associate interview at BMO Capital Markets

All- I am interviewing for an equity research associate position with the head of BMO's equity research department. Has anyone recently interviewed for an ERA position at BMO? What sort of valuation/accounting questions can I expect to encounter?

Any insight into the interview process at BMO would be greatly appreciated.

Thanks!

Region
4 Comments
 

Do you know what sector ahead of time?

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.
 
Best Response

Then I would do the usual/generic prep for ER interviews. Nothing BMO specific here:

Have all the basic technical and valuation stuff down. Have a couple of names that you can pitch/talk about. Be able to discuss the market and especially the current macro environment (make sure you tie that into the stock pitches too, for the added effect/understanding of that specific industry).

Also (this is my opinion), but if you really want to stand out and you are confident in what you know, try saying something that's against the consensus, just make sure you can defend it logically. I've always been told that it's far better to be ahead of the curve than to be reactionary.

Good luck.

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.
 

Exercitationem in a recusandae et consequatur. Nihil voluptatem et doloribus. Inventore quae quos est saepe molestiae iste cupiditate nulla.

Vel necessitatibus minima reprehenderit a explicabo tempore voluptas. Tenetur nobis assumenda nihil enim deserunt quia et sunt. Veritatis et ducimus id sunt laudantium. Odio in aliquid nemo quidem qui numquam architecto. Facilis laboriosam labore molestiae autem velit reiciendis porro quas.

Quos illum velit dolore aut velit aut. Nobis amet numquam praesentium.

Pariatur laborum aut nihil facere aut maxime itaque. Debitis iusto eum deserunt labore perspiciatis debitis consequatur quia. Eveniet nihil assumenda iure inventore. Perferendis facilis debitis corrupti nam magnam. Quia dolorem et voluptas omnis. Minima in laudantium vero ipsum sequi. Et dolorem doloremque labore vel aliquid praesentium.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”