ING Off-cycle M&A Analyst Interview Questions

Based on the most helpful WSO content, superday interviews for M&A analyst roles, including those at ING, typically focus on a mix of technical, behavioral, and fit-based questions. Here’s what you should prepare for:

1. Technical Questions:

   • Be ready to discuss valuation methodologies such as DCF, comparable company analysis, and precedent transactions.
   • Know how to calculate WACC, walk through a DCF, and explain the impact of changes in assumptions (e.g., discount rate, growth rate).
   • Be prepared for conceptual questions like the relationship between bond prices and yields or the meaning of PE ratios.
   • You might also encounter questions about deal experience or hypothetical investment scenarios, such as evaluating a business in a specific industry.

2. Behavioral Questions:

   • Expect questions about your strengths and weaknesses, past internships, and how your experiences align with the role.
   • Be ready to share stories that demonstrate problem-solving, teamwork, and leadership skills.
   • Questions like "Why ING?" or "Why M&A?" are common, so have a compelling and specific answer.

3. Situational and Fit Questions:

   • Situational questions might include scenarios like handling multiple tasks under tight deadlines or dealing with errors in a presentation.
   • Fit questions aim to assess whether you’re someone the team would want to work with for long hours. Show enthusiasm, professionalism, and a genuine interest in the role.

4. General Tips:

   • Know your resume inside and out, as they may ask you to elaborate on specific points.
   • Research ING’s recent deals and be prepared to discuss them intelligently.
   • Have thoughtful questions prepared to ask the interviewers, as this shows genuine interest and engagement.

Good luck with your ING superday!

Sources: Ask an ex-IB MD anything........., GS 2018 Superday, UG Recruiting Part III: The Super Day and Offer, Ask an ex-IB MD anything........., My Path - MBA Banking Associate to PE