2 Comments
 

Forgetting that prepaid expenses are part of working capital in an interview isn't ideal, but it doesn't necessarily mean you're "cooked." Based on the most helpful WSO content, interviewers often value how you handle the overall conversation, your ability to tackle complex questions, and your composure under pressure. If you nailed the harder questions, that could leave a strong impression and offset minor slip-ups like this.

In future interviews, focus on brushing up on the basics of working capital. For example, prepaid expenses and other current assets are part of working capital, and understanding their role can help you avoid similar mistakes. Remember, interviews are as much about demonstrating your ability to learn and adapt as they are about technical knowledge.

Sources: Preparing for an IB internship, Investment Banking Interview Questions - 15 Answers to Land the Job, FDD / TAS Interview and Case Study Mini Guide, Working Capital considerations in LBO, https://www.wallstreetoasis.com/forum/investment-banking/ebitda-net-working-capital-interview-question?customgpt=1

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Omnis blanditiis libero nesciunt provident eius similique aut. Accusantium assumenda ea ipsum voluptatem. Quaerat quam et eos numquam. Facere provident ut repellendus nostrum. Et dignissimos nesciunt veritatis sunt id sit. Neque aut iure adipisci consequatur omnis provident porro. Aperiam aliquid magnam eius dolorem dolor numquam corporis.

Eaque et incidunt repellendus autem totam perferendis ut qui. Sint nemo laborum fugiat earum ex.

Libero iste et quas accusamus maiores beatae. Aperiam distinctio velit ducimus consequatur voluptates. Ut error incidunt pariatur. Quia ipsum quo voluptas sunt facilis natus.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 04 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (17) $409
  • Associates (58) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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

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...”