Interview Prep

Based on the most helpful WSO content, here's what you need to know for preparing for IB technicals, especially if you're targeting Elite Boutiques (EBs):

1. Guides to Use:

   • BIWS 400 Questions: This is a comprehensive guide that covers a wide range of technical questions. It's highly recommended for both BB and EB interviews.
   • Rosenbaum & Pearl: This guide is particularly useful for understanding M&A and Leveraged Finance, which are often emphasized in EB interviews.

2. Study Approach:

   • Understand, Don’t Memorize: It's crucial to understand the concepts rather than just memorizing answers. EBs often have more challenging technical interviews, and interviewers can tell if you don't truly understand the material.
   • Focus Areas: Pay special attention to corporate finance concepts and how they apply in real-life scenarios. This deeper understanding will help you tackle the more complex questions that EBs are known for.

3. Additional Tips:

   • Behavioral Questions: Besides technicals, make sure you have 5-10 stories ready for any behavioral questions and a solid resume walkthrough.
   • Networking: Engage with analysts and other professionals at the firms you're targeting to get insights into the specific technical questions they might ask.

By following these steps and using the recommended guides, you'll be well-prepared for your EB interviews. Good luck!

Sources: What to Focus on in London BB and EB Summer Internship Applications?, Non-Target to MM IB: My Advice, From Liberal Arts to EB, Simplified Guide to Breaking in as Non-Target (EASIER THAN YOU THINK), Non-target to BB IB SA