“Hardest” I’ve gotten (EB & MM) were
1. Two stock pitches w/ in-depth knowledge about industry, performance, forecast
2. Recent deal (follow-on/IPO): they wanted to know all the basics, plus every bank that worked on it, why good/bad investment, etc
3. Situational question(s) with what would be the best types of capital to raise

Overall, besides your standard 400 BIWS questions, mine mainly consisted of having an opinion on the market (current state/future projections) and ability to tie that opinion to different industries/sectors. PCM was more difficult than ECM interviews I will say. Hope it helps.

 
Most Helpful

Product groups like ECM and DCM are a lot tougher than your typical IB interview. The test you conceptually to see if you understand the “whys” and “whens” you’d do something. Don’t expect it to be a cakewalk. Memorizing your 400 questions is not gonna help you succeeded in this interview.

You gotta understand the market, how certain macroeconomic factors can influence deal activity, when would a company choose to issue debt vs equity, but these are easier.

Just understand conceptuals, and the market. Expect them to test you subtly through a conversation based interview.

 

Ab sit excepturi eligendi porro placeat excepturi aliquid velit. Est dolores corporis iste sed in fugit. Consequatur officiis laboriosam autem atque vitae veniam. Et quasi autem nihil provident vel et delectus.

Quisquam sed sed doloribus dignissimos facilis perferendis. Nihil vitae eos natus. Eos repudiandae beatae et id quasi. Et consectetur sed vel reiciendis tempora. Facere dolores eos sit et eaque architecto voluptatem perspiciatis. Necessitatibus delectus nihil officia autem.

Eos dolorem repellat quasi qui provident. Rerum et rem omnis provident est. Voluptatibus voluptas nihil libero totam qui dolores. Rem est voluptas fugit libero dolorem.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
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...”