M&I 400: Entire Guide or Summary Version?
I'm starting prep now and not sure which one to read. The summary guide is less than 200 pages while the entire guide is 400+. Any tips on which one to read for IB interviews? Is the 400+ page guide necessary?
If you have the ability then I’d recommend reading the 6 guides that BIWS puts out on each section of technicals - they’re 100+ pages each.
Interviews aren’t just based off the 400 question guide anymore for most banks. The only banks that stuck to this guide for me so far were Citi and Credit Suisse, and both are either done or wrapping up. EBs want to see a strong understanding of the technicals, BBs mostly ask behaviorals but WILL ask a lot of 400 question guide technicals. They will also ask 1-2 “out there” technicals and (in my experience) will autoding you if you don’t get them because it’ll be obvious you just memorized everything.
Bump on this. BB technicals were very easy in my experience, and only covered very surface level stuff. However, know the ins and outs for EBs, especially merger models as multiple firms will ask you to set up different case studies with regard to it.
I had a top MM interview recently and I got only LBO questions. You really can’t be too careful with how much you study.
OP I’d say if you have no time (first round next week and you’re screwed) then memorize the 200 question guide and try to figure out why each question works the way it does. After that, read all the guides. I wouldn’t even bother with the 400 question guide this late in the game.
100+ pages each? Damn I guess they made it a lot better. When I was interviewing last year, my school gave us access to the 6 BIWS guides but they were only like 50-60 pages each
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Rising junior. I go to a school where I heard they don't drill as hard on technicals because it's more of a liberal arts education. Regardless, going to try and spend the next few weeks before BBs officially open up. Tough thing is I'm trying to balance an internship (non-finance) on top of prep which won't be fun at all
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