MarshBerry IB Final round Internship interview

Hello,

In two days I have a final round 1 hour zoom call with 2 associates at a specialty firm, MarshBerry. They deal with M&As of insurance brokerage and wealth management firms. I have been studying basic technical, industry, trends and culture. Behavioral of course as well. What else should I expect for this interview? I have only been studying basic technical but does anyone with experience know how this type of interview will usually go? This is my first real IB interview. Thank you!

4 Comments
 

Based on the most helpful WSO content, here's what you should focus on for your final round interview with MarshBerry:

  1. Behavioral Questions: Be prepared to discuss your story, why you’re interested in investment banking, and specifically why MarshBerry. Highlight your interest in M&A within the insurance brokerage and wealth management sectors. Use the SOAR method (Situation, Obstacle, Action, Result) to structure your answers effectively.

  2. Industry Knowledge: Since MarshBerry specializes in M&A for insurance brokerage and wealth management firms, ensure you have a solid understanding of current trends in these industries. Be ready to discuss why these sectors are attractive for M&A activity and any recent deals or market shifts.

  3. Technical Questions: While you’ve been studying basic technicals, it’s worth brushing up on M&A-specific concepts. For example:

    • Walk through a DCF or LBO model at a high level.
    • Discuss valuation methods (comparable companies, precedent transactions, DCF).
    • Be ready to explain concepts like WACC, EBITDA, and synergies in M&A.
  4. Role-Specific Knowledge: Since this is your first IB interview, make sure you understand the role of an analyst or intern in the M&A process. This includes tasks like financial modeling, preparing pitch books, and conducting due diligence.

  5. Fit and Culture: MarshBerry’s culture might emphasize collaboration and niche expertise. Be prepared to demonstrate how you align with their values and how you can contribute to their team.

  6. Questions for the Interviewers: Prepare thoughtful questions to ask the associates. For example:

    • “What do you enjoy most about working at MarshBerry?”
    • “How does MarshBerry differentiate itself in the M&A advisory space?”
    • “What qualities make someone successful in this role?”

Good luck with your interview! If you need more resources, check out WSO’s guides on investment banking interviews for additional tips.

Sources: Case study interview for MBB consulting - 24 of my best tips on how to get in, J.P. Morgan - Video Interview Invitation Corporate & Investment Banking Summer Analyst, Q&A: MBB -> Strategy at Media Company, Don't get OfficeHours., Case study interview for MBB consulting - 24 of my best tips on how to get in

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