I got a call a couple of days ago for a Merchant Banking interview with Piper Jaffray.
What differences should I expect between a merchant banking and an investment banking interview?
What are the key differences between a merchant bank and an investment bank?
and finally, if anyone has experience with a merchant banking interview, any advice would be appreciated.
Deadmau5
| +173 | Evercore > Goldman and I don’t think it’s particularly close anymore | 63 | 2h |
| +156 | Article: Why UBS's Asian M&A bankers are thriving and UBS's American M&A bankers are not | 17 | 19h |
| +125 | I am a drunk MD AMA | 40 | 1d |
| +87 | UBS Offer Day | 30 | 1d |
| +75 | Santander IB? | 10 | 3d |
| +71 | I hate Wells Fargo | 19 | 20h |
| +51 | No return offer - feeling like a failure is an understatement | 20 | 15h |
| +50 | Think Twice before Recruiting for HOUSTON IB!! | 18 | 3h |
| +48 | How cooked am I as an incoming WF IB SA 2027? | 17 | 12h |
| +46 | WF Return offers | 28 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
bump****
y r u giving up making chunes to do IB bro
Give us more info.
Is this an interview for SA? FT? Lateral? Post-IB? Post-MBA? What's your background?
This is an interview for FT straight from an undergrad b-school. I have gone through several interviews with middle market/boutique investment banks (Houlihan, Sandler, Baird, etc.), but this is my first time for a merchant banking position. I already have two offers, but if I were to get this merchant banking opportunity I would take it.
Any information regarding the differences or similarities in interviews would be greatly appreciated. Thanks for replying Nouveau.
if you already have two solid IBD offers (Houlihan, Sandler, Blair of the like) I would take them. Merchant banking is not all that different than IBD regarding exit opps, you do the same work and PJ is not all that great in the space unless you want to be in Minneapolis.
any information on this, what type of questions were asked, etc.?
when you're initially contacted by a recruiter, they tend to focus on "fit" and less on technical questions (in my experience). so expect questions like "walk me through your resume", "why Piper Jaffray", "what are some of your strengths", (if the job is located in another city, expect a question like "do you have ties to ---"), etc. basic stuff.
most of the recruiters i've spoken to (outside of buy-side recruiters) do not have a very strong technical knowledge base. if you pass their "first" screen, they'll pass you onto an Associate/other member of the team where the interview will get more technical.
Ducimus nihil perferendis quos distinctio. Provident cumque tempora quas sed.
Deleniti molestias magni rerum eaque voluptas dolor. Illum et vel at doloribus. Vero deleniti sapiente aut fuga quibusdam dicta.
Dolores id velit quos iste quisquam nemo. Quidem et non qui nemo eos sapiente quis temporibus. Dolores veniam odio ut aliquid. Consequatur voluptatem vero est quas praesentium assumenda necessitatibus assumenda.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...