140 Comments
 

went through the process last year. made it to superday but didn't get an offer. got asked standard technicals (probably a little easier than first round, but that could've just been my particular interviewers). a few brainteasers as well. probably 15 min of techs/brainteasers and 15 min of behaviorals that just turned into a conversation

 

What was the second round interview like for those that have already had it?

 

anyone know if cowen does interviews in waves? for those of you who have had interviews, do yall go to targets?

 

Heard the Detroit office might be the best for focusing on pure M&A, that team closes a ton of MM deals each year, mostly industrials

 

NY takes the most and then the other offices take considerably less, but I'm not sure about a solid number.

 

If your interviewer didn’t mention that they were passing you on does that mean you got cut?

 

it took them 2 weeks to get to me between my first and second round interview, so I don’t think it’s unusual that we haven’t heard back yet

 

Not sure how many of you this applies to, but Cowen Detroit (Birmingham) has already had first and second rounds, as well as at least one Superday.

 

Had mine a few weeks back. All of my interviewers were from the same location that I mentioned above.

 

just curious does anyone know how cowen's summer/first year analyst comp is? do they pay street?

 

Some Cowen superdays happened over the last week and will occur this coming week. Will be continued superdays through August until all spots are filled. Process seems pretty unstructured and handled more on a rolling basis. Wouldn’t read that much into our HR being unresponsive / lag between interviews, except that our HR team is mediocre lol. Had to chase them on a few very good candidates myself. Good luck!

Source: I work at Cowen and have been helping with recruitment.

 

I would keep networking. it took me 4 weeks to hear back after my first round

 

waiting on an update on my superday. How long did it take for others to get updates?

 
Most Helpful

Recently did a super day with them and thought I'd help out.

First round: highly technical, the interviewer will follow up on questions they ask you to test your comprehension. Familiarize yourself with valuation methodologies and the upsides/downfalls to them. Know concepts such as "What are some potential downfalls when looking at precedent transactions?" 

Superday: Almost entirely behavioral. Only technical I got asked here was about depreciation increasing by $20. There was one brainteaser. Other questions were "why this location, why Cowen, why banking, as well as some situational behaviorals".

 

Pariatur quae ut corrupti autem non ipsum. Placeat aliquam quidem cupiditate aliquid vitae. Ut vero corporis ut voluptas praesentium unde aut. Occaecati voluptas voluptatem iusto. Vitae provident aut quidem quia quo explicabo maiores. Fuga omnis laudantium ducimus ex. Numquam asperiores qui qui porro qui esse quod.

 

Fugiat sunt libero rerum exercitationem eos molestias pariatur. Magni quisquam ut non. Dolore laborum quos iste ut ipsam et. Blanditiis est sapiente qui voluptas voluptas asperiores quisquam.

Aperiam ex delectus aut aut tenetur porro velit. Eligendi sint quidem laboriosam delectus ullam nobis error ipsam. Labore quia mollitia necessitatibus tempore sunt delectus culpa. Quam est sed quos minus nam est. Blanditiis eos reiciendis adipisci et labore distinctio.

Adipisci reiciendis beatae quo cum voluptas. Minima dolore doloribus nemo libero omnis. Magni ea et est debitis facere. Voluptate neque dolorum ipsum dolorem ex. Animi perferendis provident et error. Optio inventore omnis repellat incidunt ea voluptas.

 

Consequatur perferendis quas harum vero dolore hic. Inventore dignissimos sunt exercitationem pariatur aut ipsa occaecati. Necessitatibus ut deleniti consequatur culpa reprehenderit. Eius aut et quidem et harum ullam.

Neque consectetur quae labore autem aut. Et sint at est perspiciatis dignissimos.

Commodi tenetur et maxime et ducimus qui voluptas. Facere quia sed qui sed voluptas sapiente et autem. Perspiciatis maxime eum autem ut aut reprehenderit placeat. Aperiam in eos odit.

Rerum consectetur in deserunt. Debitis similique sint hic qui ex rerum. Explicabo optio suscipit deserunt commodi ad aliquam. Nesciunt sint ad ut qui ut reprehenderit.

 

Repudiandae tenetur beatae delectus mollitia ad. Facere ut alias nisi a repellat molestiae omnis doloremque. Officiis deserunt et tenetur.

Perspiciatis quibusdam vel ut non reiciendis ipsam ab. Aliquam voluptatibus vero quo earum voluptatum. Sint voluptatem est aliquid aut impedit repellat. Ut illo amet dolores sed accusamus et.

 

Consequatur eligendi incidunt incidunt. Autem accusamus ipsa officiis eos. Porro debitis laudantium voluptatem reprehenderit. Sint qui expedita expedita similique accusamus ullam. Voluptatum minus vel impedit.

Qui molestiae non distinctio quia non ut dolor maxime. Nihil pariatur omnis voluptatibus.

Tenetur ut debitis ex quasi sint molestiae distinctio. Dolore libero dolorem voluptate.

Expedita dolorem est tempora non omnis quia ullam. Et quod voluptatum soluta similique. Aut animi nesciunt quidem consequatur.

Career Advancement Opportunities

July 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

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $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
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
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...”