HL SA interview

Based on the most helpful WSO content, here are some insights and resources to help you prepare for your Houlihan Lokey 2026 Summer Financial Analyst interview:

1. Technical Questions:

   • Be prepared for financial modeling-related questions, including DCF, LBO, and M&A concepts.
   • Review the "101 Investment Banking Interview Questions" and "Accounting Interview Questions" available in the WSO resources. These are highly relevant for technical prep.
   • Practice walking through a paper LBO or DCF and ensure you can do calculations by hand.

2. Behavioral Questions:

   • Expect questions about your career goals, teamwork experiences, and problem-solving skills.
   • For example, "Where do you see yourself in 5-10 years?" or "Tell me about a time you worked on a challenging project."
   • Use the "Behavioral Techniques" guide to structure your answers effectively.

3. Case Studies:

   • Some interviews may include case studies or business fundamentals questions. Be ready to analyze a company's market, competition, and business model.
   • Think about how the company makes money, who their customers are, and how this ties to financial fundamentals.

4. HL-Specific Focus:

   • Houlihan Lokey is known for its strong Restructuring (RX) and Financial Advisory Services (FAS) groups. Brush up on restructuring concepts and be ready to discuss distressed scenarios or valuation in challenging environments.

5. Mock Interviews:

   • Consider scheduling mock interviews with professionals or peers to simulate the real experience. WSO offers mock interview services that could be helpful.

6. Templates and Resources:

   • Download financial modeling templates from WSO to practice and refine your technical skills.

For more detailed preparation, you can explore resources like: - "101 Investment Banking Interview Questions" (available in WSO's Interview Questions & Answers section). - Financial Modeling Training guides, including DCF and Accretion Dilution models.

Good luck with your preparation! If you need more specific resources, feel free to ask.

Sources: Houlihan Lokey RX Interview Process (Summer 2019), How to prepare for HF summer internship?, J.P. Morgan - Video Interview Invitation Corporate & Investment Banking Summer Analyst, Recruiting Tips for Summer Analyst Prospects, 21 Finance Interview Questions and Answers