answering questions

If you're asked how do you value XYZ or walk me through a DCF, when you mention WACC do you in the middle of your explanation tell them how to calculate the WACC? Or is it expected they'll follow up?

It seems like this kind of thing can come up everywhere like saying how to calculate FCF, beta, etc.

So do you just stick to what you were asked or give a full explanation?

5 Comments
 

Yea, just relax during the interview and don't make it seem like you memorized everything. The key is to relax.

 
Best Response

walk through a quick 1-2 sentence overview, then break down into forecast out FCF, calculate TV, calculate discount rate - WACC - Kd, Ke (CAPM), then get EV. summary sentence. then end with, would you like me to go into more depth in any of those steps?

______________________________ Freeze those knees, my chickadees!
 

Magni est magnam error. Qui quis blanditiis maxime maiores eum. Ad ipsum in qui occaecati quam facilis eligendi. Veritatis odit quia commodi qui quaerat id. Nobis eum magni architecto itaque eum repudiandae.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • 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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
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...”