Today I received a response from one of the companies that I cold emailed. It is a boutique ib located in Canada called The Collins Group. Basically, the MD asked for a time where we can discuss. So, I am guessing it is sort of an informal interview.
Anyhow, to be honest it's my first ever ib interview and I come from an engineering background. So, im wondering if anyone can give me any valuable tips as to what I would need to know and how I could prepare to increase my chances. I really look forward to this opportunity so any help is appreciated!
Thanks
I don't have much to add to the conversation other than relax. Go in there with a good frame of mind and kick butt. It is how I got my current internship that will hopefully lead to a FT offer.
I was lucky I did not need too much technical knowledge/questions asked.
Good luck!
Thanks for the quick reply. My fear is that since I come from a non finance background, I don't have much experience in accounting, valuation/modeling. So, I am not sure how I can overcome this. Do you guys have any books or guides I can read?
If you are interviewing with an MD he is going to be less likely to ask you a bunch of technical questions like what is enterprise value, what is a DCF etc. (certainly know the basics). At the end of the day a Managing director is looking for the following.
That about does it good luck WannaBeBanker. Hope you get the job.
Vault guides/Rosenbaum & Pearl
Just understand what investment banks actually do. We've interviewed tons of bright guys who will come in and give me the WSO pitch or what they read on a guide, but truly have no working knowledge of what a bank does. It's very simple, you just need to understand it first hand.
Don't sound awkward on the phone. Srs. Be social and don't sound like you're reading a list of questions. Don't ask him anything you can just Google like "what is IB?".
If you have previous internship experience I would know exactly what you did, and what the firm you worked for did down pat. The last informational interview I had he wanted to know about the firm I last interned for and I wasn't expecting it, but thankfully I knew it pretty well.
Thanks for he feedback guys. I'm wondering how relevant a boutique internship will be for me. For example, if I would wish to proceed to a big 6 bank for full time. It would be my last summer internship before graduation.
bump, anyone?
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