Interview Question: "What is an Investment Bank?"

A common interview question is "What is an investment bank?" or "What does an investment bank do?"

How do you prefer interviewees answer this question?

Do you want just a high level overview, or extreme detail?

10 Comments
 

In most cases, it's a filtering question to work out whether the candidate knows more than "investment banking = models + bottles + what i saw on that Wall St movie".

If you give a dumb arse answer, likely a ding.

If you spend more than 30 seconds answering this sort of question, likely a ding.

Those who can, do. Those who can't, post threads about how to do it on WSO.
 

What....?

"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 

HI! I'm a bringer of securities to the market and advise clients on various business matters

That'll get you laid, fo' sho!

Get busy living
 

wat the hell is a "discossion", what are you in 4th grade

You give me a gift? *BAM* Thank you note! You invite me somewhere? *POW* RSVP! You do me a favor? *WHAM* Favor returned! Do not test my politeness.
 

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