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First rounds for the accelerated process are next week. You will get notified sometime this week if you're selected. If you don't get selected you can apply again for the regular process. (all according to HR)

 

for me, it was just average in terms of being technical. how to calculate fcf? or why is minority interest added back to ebitda to calculate comps? capital structure? why banking? most of it was talking about my prior summer exp (this was for both sa and ft recrutiing)

then again, i was in a regional office for finals that did both restructuring/m&a. ultimately decided not to wait for them to decide and accepted with another firm. i believe what usually happens is that in the ny office, you are either m&a or restrucutring. they have a dedicated pool of restructuring analysts.

might be wrong though.

 

I did not get any restructuring questions. I did get a fairly complex accounting question and I did not nail it 100%, but the guys told me they didn't expect me to. It actually wasn't that bad, but I'm not too strong on accounting. I got some finance questions as well, but basic stuff. The superday was very technical, but more finance-heavy than accounting, which I was happy with. But I imagine each office has a different process with different questions... your deal could be way different than mine.

Good luck and feel free to PM me with any more questions.

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noobmonkey, Was this for their NY office? Could you please give a few examples of these questions? Also, do you know if they are indeed moving away from the standard banking interview questions and is this happening for all of their offices?

Thanks.

 

I'm not sure about the second part, it was just a rumor I heard floating around the school. I may have been the exception and not the norm, but sample questions would be if you were a color, what color would you be and why?, how many ping pong balls type questions, etc.

 
noobmonkeyI'm not sure about the second part, it was just a rumor I heard floating around the school. I may have been the exception and not the norm, but sample questions would be if you were a color, what color would you be and why?, how many ping pong balls type questions, etc.

Thanks noob... do you have any examples of their super-technical questions? You can be forgiven for getting a brain-teaser/random question wrong but will probably be dinged if you mess up a technical question.

 

The way my interview went, I actually probably would say that the brainteaser/random questions were more important than the technicals. Anyone can learn valuation in a few weeks on the job, but you can't learn how to think on your feet or synthesize seemingly random information to come to a logical conclusion.

The technicals were just testing my understanding on an intuitive level how valuation works and the various aspects of it. AKA memorizing the Vault guide won't cut it. If you did the BIWS course and understand EVERYTHING that was taught, you should be good for this part. Good luck guys.

 

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