Elite Boutique interview questions
Can someone give some guidance on how hard elite boutique technical questions are and how big the spectrum is? I know some people with EB internships and cannot imagine them answering complex DTA/DTL or in-depth sector knowledge questions
For instance how does interview difficulty change as the recruiting process goes on and more spots fill up? I can't imagine someone at the beginning of the process will face the same level of questions as someone competing for the last spot.
Also, are the quality of EB analysts that much higher than MMs or BBs? Or are the EB analysts just target school kids with the motivation to grind technicals their entire sophomore summer.
does anyone have some resources on what to use for elite boutique interview questions? ones that are actually hard?
yes but everyone gatekeeps
can you turn off anonymous so i can send you a dm?
bump
All the EB’s ask hard multi step accounting and restructuring technicals. CVP and PWP tend to combine these with the more “out of the box” questions such as brain teasers, mental math, curve balls etc. Evercore and Moelis are known for long, long accounting. PJT leans more restructuring related. Lazard asks more about industry.
bruh ur not gonna be asked restructuring questions in any m&a, generalist, or coverage interview 😭
I was asked basic rx q's in my generalist MOE interview
Interviewed for coverage M&A at a couple of EBs
PJT - Multi-step accounting, got asked about financial ratios, and overall a very rigid technical right or wrong interview
CVP - By far the most unique, typical hard techs and then brain teasers + financial brain teasers, as well as a few very specific CVP questions
LAZ - Some mental math/multi step accounting, but largely focused on having a deep and nuanced understanding of the industry
EVR - Multi-step acc, acc/dil, ev/eqv bridge, pretty much every hard tech under the sun. Felt very similar to PJT but a lot more numbers-based questions
Got clipped at LAZ/CVP and ended up signing with a top BB over EVR/PJT
Evercore mental math was probably what stood out to me the most. they had hard numbers and specifically said to not use a calculator
if u can do these ur good
In the terminal year of a DCF, you can choose between a $10 increase in revenue, a $10 decrease in operating expenses, or a $10 decrease in CapEx. Which has the greatest effect on valuation, and why?
A company has $100 of EBITDA and trades at 10x EV/EBITDA. It issues $200 of debt and uses the proceeds to purchase a building. What is the company’s new enterprise value?
GAAP income is $200 and taxable income is $120. What deferred tax item is created?
A company repurchases debt below par. Walk through the three statement
holy ai-slop UGC lmfao
checkpoint for my future self
future, as in you're a rising sophomore answering all of these already?
Nobody wants to use your scam website.
bump
Bump
From my experience my hardest interviews were PJT and PWP. Both RX teams. Got raped.
on does-it-get-harder: yes, but not because spots fill up. expectations about how much prep you've done rise the later you are, and these places treat a seat as optional anyway. if nobody left in the pool clears the bar they just don't hire.
the difference from bulge brackets is the digging. you mention comps and they ask whether that's actually a good comparable, do you really think that, then a weirder variation of the same concept, some real-world application you haven't rehearsed. some people get through BB processes with barely a technical challenge. that doesn't happen at an EB.
on the analysts: different more than better. BBs weight personality a bit more, EBs lean technical, past that it's fit you feel in coffee chats.
Quam non est rerum magnam iusto quia. Placeat aspernatur qui ratione.
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