Houlihan Lokey Corporate Finance, New York Capital Markets Interview questions

Based on the most helpful WSO content, here are some insights and tips to prepare for your Houlihan Lokey Corporate Finance, New York Capital Markets interview:

1. Behavioral Questions:

   • Be ready to answer "Why Houlihan Lokey?" and "Why Corporate Finance/Capital Markets?" questions. Research their culture, deal flow, and middle-market focus to tailor your responses.
   • Prepare for "Tell me about a time when..." questions using the SOAR framework (Situation, Obstacle, Action, Result). Examples could include leadership experiences, teamwork, or overcoming challenges.

2. Technical Questions:

   • Expect questions on financial modeling, valuation techniques (DCF, Comps, LBO), and capital markets concepts.
   • Be prepared to explain WACC, how to value a company, and differences in valuing industrials vs. tech startups.
   • You might also be asked to walk through a DCF or explain the impact of interest rate changes on valuations.

3. Market Awareness:

   • Stay updated on current market trends, recent deals, and economic factors affecting capital markets.
   • Be ready to discuss a recent deal or merger and explain why it was significant.

4. Hypothetical/Problem-Solving Questions:

   • Questions like "If you know your boss is 100% wrong about something, how would you handle it?" or "You have 10 minutes before a presentation; what do you do?" test your critical thinking and decision-making skills.

5. Firm-Specific Focus:

   • Houlihan Lokey is known for its strong middle-market presence and high deal volume. Highlight your interest in gaining exposure to diverse deals and learning from their expertise.

To maximize your preparation, consider reviewing financial modeling lessons and templates available on WSO, as they cover key areas like DCF, M&A, and LBO modeling. Good luck with your interview!

Sources: J.P. Morgan - Video Interview Invitation Corporate & Investment Banking Summer Analyst, 21 Finance Interview Questions and Answers, Houlihan Lokey NY Corporate Finance Groups/Culture/Outlook?, Houlihan Lokey Corporate Finance in London, 21 Finance Interview Questions and Answers