PJT SA 2026
Wanted to create one since I haven't seen any. Are sds out?
Trending Content - Investment Banking Forum
Career Resources
Received SPD for next week
Congrats man! If you mind, is it NY or somewhere else?
Chicago
Is this RSSG?
Have offers been given out?
anyone do the park hill PCS call yet?
did you hear back?
had the screener call, no r1 inv yet,wbu
any progress to share NY?
Does anyone know about PCS timeline right now. How many interns do they even accept?
did u have ur PCS call? think sa class is usually 4-5 ppl
Got the Restructuring Interview guides to prepare for RX interviews, any recommendations for M&A/RX guides?
Given it's recruiting season right now there a couple I would recommend: Capital Interview Experts and Overlevered
Restructuring Interview guides aren't going to be as helpful right now since it is a huge content dump which is great if you have weeks/months to prepare but interviews are going on rn
Would get both CIE and Overlevered if you can but if you had to choose 1 I would lean towards Capital Interview Experts since Overlevered has just Strategic Advisory questions vs CIE which has Strategic Advisory + RSSG + PCS so covers all your bases
I’m leaning towards Capital Interview Experts but would it be possible to share some PJT-specific sample questions so I can see the quality?
Sure this is 1 for RSSG and Strategic Advisory:
RSSG Q - You have an ABL revolver worth $90M secured against $100M in A/R with 85% recoverable value. If $35M is already drawn on the revolver, $10M due to vendors, and $50M in cash, what is the company’s liquidity?
RSSG Ans - Cash represents $50M in liquidity as a base. $10M is due to vendors, so total liquidity before the revolver is used is $40M. The revolver is secured up to $85M, with $35M already drawn: $85M - $35M = $50M left to be drawn. $50M + $40M = $90M total liquidity.
Strategic Advisory Q - A DCF valuation gives you $250 at a 10% discount rate, 25% tax rate. If your EBIT in the fourth year was actually overstated by $40, what will your correct DCF valuation be?
Strategic Advisory Ans - If EBIT was overstated it means that our DCF valuation of $250 is overstated. To calculate the impact we need to calculate our overstated NOPAT which is $40 * (1 - 25%) = $30. Now we want to discount the $30 overstated NOPAT to PV which is $30/(1+10%)^4 ≈ $20. Therefore the correct DCF valuation is $250 - $20 = $230
Would expect this level of difficulty in interviews - I think the Capital Interview Experts website has more samples think they have 50 or so PJT questions and just an fyi believe there are 3/4 interviews for the super day.
Are any first rounds out for m&a nyc?
bump
yea
its out?
r1 for PCS out as well
Can I know if it’s in early or late feb?
does anyone have any insights on what to expect for r1 sf tech or how to prepare for it?
Have you heard back about SF SPD?
no I haven't, probably got dinged lol
Can confirm, PCS interviews are out
Can I know if it’s in early or late feb?
hi man, can I know how good was your suited assessment test?
anyone for houston? m&a
Have all first rounds for NY M&A gone out?
Yes
So if you haven't heard back yet then you are not being considered? Or will they send any waves
did they ask anything anything outside of IB technicals
Does anyone know if this is rolling/in waves or they just have one wave for each school?
Rolling i heard
Anyone got m&a nyc spd?
i had r1 last week, but have not heard back, has anyone else?
Have not heard back either - had r1 last week
Anyone get SF?
Anybody hear from Park Hill Real Estate or Strategic Advising?
Late reply but SDs came out mid Feb for Park Hill RE
what about capital markets is that same timeline?
Anyone non diversity hear about sa spd nyc?
.
anyone know anything about boston office?
anyone hear back from PJT pcs after R1?
superdays are alr out, some ppl did it thurs, some ppl doing it next week for mon/tues
.
anyone hear back from boston 1RD
heard people got sds?
anyone going to rssg spd next week?
is NY m&a still rolling out first rounds?
bump
.
anyone heard back from pcs spd?
a friend heard back at noon
.
nvm wrong team, not PCS
is RSSG offers out from this week?
wondering same thing
They went out day of
Anyone knows if PCS offers have sent out yet?
Bump
bump. haven't heard back yet (did SD on Feb 11). did anyone hear back?
Maybe its a little cooked, I remember they said offers come out EOW, my friend who did spd at other teams heard back on Wed
anyone know if SF has started?
they finished last week; sent out two offers
any insights on their capital markets process?
Anyone get SPD for capital market after FR?
How was first round?
After strategic advisory first round how long to hear back after
.
Deserunt qui placeat commodi voluptas doloremque dolor exercitationem. Voluptatibus eum eligendi saepe deleniti sunt alias est. Est et omnis accusamus culpa accusantium sint corrupti. Ut omnis fuga aspernatur dolor. Minus qui quasi vero velit.
Aut dolor omnis rem consequatur. Optio possimus et omnis aut aut.
Omnis velit dignissimos magni laudantium. Non sed reiciendis sunt libero. Quod voluptate assumenda animi aut ipsa sit. Ullam harum impedit eius minus labore consequatur consectetur nobis.
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...
Voluptatum provident dolorem soluta ipsa repellat suscipit. Vel ullam et necessitatibus minus distinctio suscipit dolor. Voluptatem quam dolorem aut voluptatum pariatur voluptatum. Vel sint non provident velit. Eveniet qui consequuntur quidem dolorem voluptatem iste qui.
Accusamus illum facere deleniti eum et magni labore. Harum dignissimos omnis aut sapiente. Magnam laboriosam aut voluptas repudiandae. Sed modi rem et provident illum. Eligendi ut et voluptatibus debitis fugiat.
Recusandae et nihil enim neque eos doloribus. Nobis pariatur natus nisi rem nesciunt eligendi provident. Minus modi corrupti omnis consequatur harum magni debitis voluptatem. Ut consequatur molestias voluptatem vero. Et perferendis labore quod vel iste. Aliquid expedita tempore natus ut omnis omnis exercitationem pariatur.
Doloribus delectus a rem sed corrupti est. Commodi eum voluptatibus aut quam voluptate impedit reprehenderit nobis. Ex adipisci labore est odio nihil et velit.
Occaecati velit velit eveniet rerum est. Magni illo odit molestiae atque architecto illo et.
Dicta architecto culpa iste nemo doloribus. Ut molestiae voluptatem vel est quaerat laboriosam. Et voluptatem error repudiandae veniam dolores architecto omnis. Nisi enim est voluptatem voluptas.
Ut consequuntur corporis sunt reiciendis. Laboriosam illum voluptatem cupiditate voluptatem suscipit molestias ipsum. Blanditiis nemo repellat sit. Modi enim quaerat id rerum et.
Consectetur ex excepturi non rem non. Sint voluptas non earum. Id pariatur repudiandae sed dolor. Voluptatem molestiae sit adipisci vitae facilis et quia.
Dolor quas eligendi qui ab. Ut eligendi adipisci eaque. In voluptatem dolorum ut. Consequuntur aspernatur amet ut. Quo similique nostrum enim voluptatem ut.
Quo aliquid alias maiores qui dolor tempore. Et ratione suscipit atque qui. Ut deleniti illum incidunt nemo voluptas quam.
Aut et eos ipsam soluta. Soluta dolores tempora ut debitis hic. Nobis et consequatur molestias omnis dolores.