Hi, currently an IBD analyst with a focus on ECM looking to move into M&A. I've got an interview for an Industrials M&A senior analyst position in NYC.
I've never touched Industrials before and was wondering if anyone has any advice on what to prepare for an industrials M&A interview?
Thank you
| +139 | Restructuring: Anti-climactic Experience | 36 | 8h |
| +110 | IB Net Worth / Savings Check | 51 | 7h |
| +100 | Woman who emptied Knicks trashcan on street then stole it was DEI exec, worked at JPMorgan Chase | 25 | 5h |
| +80 | Stop sleeping on UBS - it’s pretty good | 29 | 4h |
| +70 | Hot take: I’d rather be at Desjardins than UBS for investment banking in 2026 | 13 | 11m |
| +56 | 2026 VAULT PRESTIGE RANKINGS | 30 | 1h |
| +39 | AI + Financial Modelling | 12 | 1d |
| +32 | Hardest interview experiences? | 20 | 1h |
| +28 | Summer before college | 17 | 19h |
| +26 | Current State of UBS in North America | 8 | 2d |
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.
hi mate,
I haven't find a lot on the industrials for the interview prep, but there is few useful topics:
https://www.wallstreetoasis.com/forums/industrials-group-interview
https://www.wallstreetoasis.com/forums/pros-and-cons-of-the-industrials…
Not sure if LBO questions are common for Industrials group? Do you have any visibility on that?
Thank you for the thread links :)
In relation to your question, I'm not too sure as I come from an ECM background and haven't had any exposure to industrials. However, I think technicals relating to an LBO is definitely a possibility, especially for a senior analyst interview.
Are you currently in the recruiting process?
Yeah, but for London office.
I'm a current analyst within Industrials if you need to ask industry-specific qs. lmk/
How often do you ask/get LBO questions in the interview? Which bank has a good presence in Industrials ?
Unsurprisingly, top BBs typically dominate the Industrials field: GS, MS, JPM. Citi also has a strong franchise. LBO prep is not as critical as a PE interview but you should be able to walk the interviewer through simple LBO math / assumptions, if asked.
Generally would expect more of the focus on your previous deals and responsibilities; may also want to think of a few major Industrials deals (market reaction, strategic rationale, etc.)
Hope this helps
Can you speak on the Industrials scene in Chicago? I know you said the top BBs dominate but how would you compare the lower BB's (Barclays/UBS/Deutsche) to the MM and EB players in Chicago for Industrials?
Rerum voluptas culpa dolores. Id quis nesciunt ipsum sit laborum. Vel et quibusdam voluptatum totam sapiente qui asperiores. Delectus quod optio qui odio at repudiandae quasi.
Eligendi accusamus suscipit officiis sunt illo officiis maiores laboriosam. Architecto dignissimos modi culpa qui similique.
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...