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Based on the most helpful WSO content, the interview process for a graduate analyst role at Houlihan Lokey (HL) can differ from the lateral process. For graduate roles, the process typically involves multiple rounds, including behavioral and technical questions, and may include a case study or modeling test. Here's a breakdown:

  1. Behavioral Questions: Expect questions about your background, why you want to work at HL, and your interest in the specific group (e.g., M&A or RX). They may also ask about your ability to handle long hours and challenging work environments.

  2. Technical Questions: These can range from basic accounting and valuation questions to more advanced financial modeling, depending on the group you're applying to. For example, the RX group might focus more on distressed scenarios and restructuring concepts.

  3. Case Study/Modeling Test: Some candidates have reported being given a case study or a financial modeling test, either as a take-home assignment or during an in-office session. This is to assess your technical skills and ability to think critically.

  4. Fit and Resume Questions: Similar to laterals, there will be a focus on your resume, deal experience (if any), and overall fit with the team.

For lateral hires, the process can be more group-dependent and may involve fewer rounds but with a stronger emphasis on technical skills and prior deal experience. For example, lateral interviews at HL have included case studies, technical grilling, and behavioral questions, but the timeline is often shorter (around 3 weeks from start to offer).

If you're targeting a graduate analyst role, focus on preparing for both technical and behavioral aspects, and ensure you can articulate why HL and the specific group align with your career goals.

Sources: Guide to Lateraling in 2021, Lateral Hires - What were your interviews like?, I come from a non target school and I really want an analyst role at Houlihan Lokey 2020, Q&A: HF Analyst @ $5bn+ Fund - Breaking In and Transition to Risk-Taking Role, Best Practices for Finding Lateral Opportunities

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

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