how do you elaborate on a deal?

"Tell me about a deal that you have been following"
how do you answer this question in a clear and concise manner?
how much information is essential?

I assume that if it was an M&A deal, I would start with introducing two companies and then analyse the motive of the acquirer. I would mention other bidders and the how the deal played out eventually. Then, I would briefly talk about the multiples of the acquisition such as P/E and EV/EBITDA.

How does that sound?

3 Comments
 

Pretty much it. I would also add why the target allowed itself to be acquired (i.e. they probably won't get enough growth in the future to justify remaining independent, etc.)

--Death, lighter than a feather; duty, heavier than a mountain
 
Best Response

Definitely Accretive / dilutive. Why would they do it if its dilutive, or why is it Accretive? What assumptions have been made (there are always cost savings assumptions)? As for multiples, it's more important to know it in the context of things, as in it was on the high range of multiples compared to similar transactions.

In general, you have to tell a story. Try to pick one where the bank you're interviewing with was involved in. The best part is when they pick up the story and tell you their experience. I had one interview like that where I talked about the SBC and AT&T merger. I knew the numbers, but I knew the backstory, and that became the start of a very long conversation.

--Death, lighter than a feather; duty, heavier than a mountain
 

Nesciunt quas quidem est recusandae qui. Suscipit nisi nemo qui qui id. Fuga voluptatem sapiente voluptas et pariatur. Dolor voluptatem suscipit illum deserunt.

--Death, lighter than a feather; duty, heavier than a mountain

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
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...”