CVP R1

Based on the most helpful WSO content, first-round interviews, especially for roles like CVP (Centerview Partners), typically focus on a mix of behavioral and technical questions. Here's what you can expect:

1. Behavioral Questions:

• Be prepared to discuss your resume in detail. Every line on your CV is fair game, so ensure you can confidently explain your experiences, achievements, and skills.
• Common questions include:
  • "Why investment banking?"
  • "Why Centerview Partners?"
  • "Walk me through your resume."
  • "Tell me about a time you worked in a team or faced a challenge."
• They may also assess cultural fit, so research the firm's unique culture and values.

2. Technical Questions:

• Expect questions on accounting, valuation methods (DCF, Comps, etc.), and financial modeling basics. For example:
  • "Walk me through a DCF."
  • "How do you calculate WACC?"
  • "What are the key drivers of an LBO?"
• If you're applying for a summer analyst or junior role, the technical depth may be adjusted to your experience level.

3. Firm-Specific Focus:

• Centerview is known for its focus on strategic advisory, so you might get questions that test your problem-solving and critical thinking skills.
• Be ready for case-style questions or scenarios where you need to analyze a business situation.

4. Preparation Tips:

• Review the "Investment Banking Interview Prep" resources on WSO, including technical guides and behavioral question banks.
• Practice mock interviews to refine your answers and delivery.
• Brush up on current market trends and deals, as they may ask for your opinion on recent transactions.

Remember, first-round interviews are as much about assessing your personality and fit as they are about your technical skills. Be confident, concise, and well-prepared!

Sources: UG Recruiting Part II: The first round interview, 20 Most Frequently Asked Questions - London Edition, JP Morgan CIB Risk First Round Interview, Barclays Internship Recruitment Process - Business Insight Assessment - Video Interview, Goldman Sachs HireVue Process