Plz give me hard technicals

Hi all,

Have an interview this week with an UMM for a lateral an1 position (coverage group, primarily focused on m&a with some financing deals) . For context im at an lmm bank where we only do sell-sides. I've been told the person im interviewing with can be pretty tough, so I'd just love if you guys could bend me over and give me some of the hardest technicals you can think of (or where I can find some tough ones bc the 400 question guide seems pretty useless/outdated). I'd also imagine that maybe interview will be more focused on drilling me on deals I've been on. Regardless, would love any help you all have to offer as I'd very much like to advance

11 Comments
 

Depends on all sorts of factors including liquidity of investors, exits, holding periods of the investors.

But Rule of 114 vs 72 would say 3x moic in 7 years is better from an IRR perspective (trying to compare apples to apples).

 

Since you’re asking for hard technicals, one thing that’s helped me is stress‑testing whether I can actually talk through the concepts out loud under pressure, not just read WSO guides/threads and think “yeah, that makes sense.”

I’ve been using a free tool called Minerva (ask-minerva. com) alongside the usual prep. You pick investment banking as the track and then the specific product/industry group you care about, and it runs a live, voice‑based mock interview where you have to walk through your answers while it acts like an interviewer and throws follow‑ups at you. At the end it breaks down what you did well vs. what was off and if you log in it tracks your sessions over time.

It obviously doesn’t replace drilling technical question lists or doing reps on questions like the ones in this thread, but it’s been useful for making sure I can actually articulate the harder stuff cleanly when I’m put on the spot.

 

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