Hi all,
I have a FT superday for a BB Healthcare IB analyst role coming up and I wanted to know if there’s any way to specifically prepare for HC interviews. Other than knowing deals in the space, are there any subjects/ resources I should specifically study? Thanks!
| +116 | How are women treated in IB? | 68 | 1h | |
| +114 | Analysts bitching on WSO | 26 | 9h | |
| +66 | College Transitions updated 2024 IB ranking | 24 | 4h | |
| +65 | How to Not Feel Anxious About SA Internship | 24 | 1d | |
| +53 | In denial about SA 2025 Offer | 12 | 1d | |
| +51 | A Guide to HK Investment Banking - 10 Most Frequently Asked Questions (2024) | 4 | 3h | |
| +48 | Does my budget look right? Fresh grad | 28 | 1d | |
| +43 | 5 days/wk | 19 | 4d | |
| +34 | 2024 Analyst Bonus Thread | 18 | 5d | |
| +25 | CVP diversity quotas increased? | 5 | 4d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Know about recent trends (e.g. shift from fee per service to value based care, digitalization push during the pandemic, etc.) and also be able to answer some basic healthcare-specific technical questions: for example, know how to walk someone through a patient build, know that EV/peak sales is an important life sciences metric, know how to value a life sciences company with negative cash flow (comps and a probability adj DCF that accounts for likelihood of company's drug making it through the regulatory approval process; there’s a helpful investopedia article on this I suggest you read)
Reiterating what Lion1754 said, know how to build the P&L for biopharma i.e getting to peak sales, probability of success for the therapeutic area/indication, discount rate (most of these companies are pre-revenue so they don't take on debt your discount rate is going to be CoE), etc.
In terms of the biopharma landscape, Bruce Booth from Atlas Ventures writes a pretty good blog called lifescivc, scroll through it.
Lastly, assuming you don't come from a science background google RBC Biotechnology Primer from October 9, 2017; it's a little dated but still good.
Similique fugiat omnis autem et fugit omnis blanditiis. Aut deserunt et corporis eius deleniti tempore. Atque qui sed earum et. Incidunt possimus sed dolore nihil repellendus.
Impedit aut qui vero voluptatum ut similique consequatur quaerat. Itaque laudantium illo at nesciunt esse fugiat qui. Deleniti et qui qui sunt atque. Nesciunt temporibus odit quidem tempore ex.
Qui sed recusandae aut exercitationem et impedit. Dolor repudiandae vel perspiciatis omnis sed impedit quisquam. Officiis eos consequatur quae officiis.
In provident quia rem quos. Id cumque aspernatur consequatur iste. Asperiores sit delectus dolorem eos dignissimos aut dolorum ut. Consequatur incidunt eum rerum dolor voluptas cupiditate. Quia quasi adipisci sunt numquam quia. Sint ipsum est quo necessitatibus eaque pariatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...