Hi guys, I will be soon going thru my 2nd interview with an MD from an M&A FIG team at an MM bank in London. They told me I would have to do a case study and mentioned that I should focus on valuation multiples and comps and precedent valuations. Any tips/advice on what to study, where to practice, what skills to brush up on and make sure I demonstrate them in my interview?
Any help is appreciated!
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Based on the most helpful WSO content, here are some tips and advice for preparing for your second interview with an MD from an M&A FIG team at an MM bank in London:
Key Areas to Focus On:
Valuation Multiples and Comps:
Technical Skills:
Case Study Preparation:
Soft Skills to Demonstrate:
Confidence:
Body Language:
Additional Tips:
Rehearse Common Questions:
Visualization and Practice:
Preparation Timeline:
Resources:
By focusing on these areas and utilizing the resources available, you'll be well-prepared to tackle your case study and demonstrate your skills effectively in the interview. Good luck!
Sources: 6 Tips To Boost Your Confidence And Nail Your Next Job Interview, The 24 Interview Lessons I Learned on the Way to Getting My First Full Time Job, 6 Tips To Boost Your Confidence And Nail Your Next Job Interview, SA Interview Prep Techniques, Would appreciate some advice
I mean it depends a fair amount on the type of company that the case study is on (banks are different from P&C insurers are different from a leasing/spec fin company, is different from asset mgmt etc.). Likely they will look at P/E, some sort of capital ratios, P/B. Again it varies widely based on the FIG industry they are looking at.
Thank you!! Do you know where I could find some material to prep for it? I tried looking up some actual valuation modeling tests but no luck.
I recall one of the "breaking into wallstreet" guides had a small chapter on FIG which was helpful. I lateraled into a FIG team my first year as an analyst from a non FIG team. I didn't get many questions on FIG specific stuff during interviews. I'm not aware of tons of resources. Maybe some primers would be helpful?
Breaking Into Wall Street has an expensive but fully fledged FIG Modelling course which was very useful to me as as someone with no FIG background
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