Prepping for Hard EB Technicals

Current sophomore gunning for EB groups in SF and NY. Have pretty much gotten the 400s and BIWS guides down but am seeing that EB interviews have gotten much harder over the years. Am in our school banking club but honestly not great support and partially cliquey in sharing questions so was wondering if any of y'all have any recs on how to prep. thanks! Will be locking in

190 Comments
 
[Comment removed by mod team]
 

best resource out there imo, got my offer for '27 alr and done and dusted. bless whoever made it

 
[Comment removed by mod team]
 

Margin of alpha is such a shit website. I bought it and half the answers to questions were wrong.

 
[Comment removed by mod team]
 

respect the hustle. agree with other poster and most importantly practice practice practice. You might know how to solve the question but don't know how shit you sound when you're speaking it outloud - this applies to both technicals and behaviorals. Record yourself and listen to it. Many people hate it but you have to force yourself to do it and then critisize it and improve

 

Guys go enjoy christmas. I don't tell my analysts to take time of to post on WSO cmon

 

Oh yea and since I'm on this post already, make sure you prep industry specific for SF/regionals, e.g., they might be biotech or technology groups. You WILL get asked industry questions

 

it's not that hard just study ya'll or maybe you guys aren't cut out for the job anyways??

 

Make sure you know M&A balance sheet adjustments (specifically goodwill and noncontrolling interests), and reverse LBOs (they give you a bunch variables including MoM/IRR and ask you to solve for the starting equity cheque, but they will make it a pain in the ass by forcing you to calculate annual LFCF). Reply if you want me to send interview questions from last year.

 

Prospect in IB-M&A

Make sure you know M&A balance sheet adjustments (specifically goodwill and noncontrolling interests), and reverse LBOs (they give you a bunch variables including MoM/IRR and ask you to solve for the starting equity cheque, but they will make it a pain in the ass by forcing you to calculate annual LFCF). Reply if you want me to send interview questions from last year.

Please send as well, would appreciate some examples of balance sheet adjustment questions and how the banks present the info. 

 

Absurdly expensive yea... I have the guides can DM to anyone that needs it. Save yourself the 100 dollars i can just share. merry christmas

 

Second Capital Interview Experts! Used it for my EVR/PJT/CVP interviews and felt very well prepared - ended up landing an offer at one of the shops. Keep in mind, even if you have a firm's past interview questions you still have to put in the work and go through them.

In my eyes, you get what you pay for so I think the ROI is worth it to land an IB gig.

 

Can I ask how you prepped w the questions?

Did you test yourself using ai mocks or use upperclassmen to help you ?

Trying to figure out a plan for myself

 
Controversial

Have gotten interview questions from marginofalpha, very helpful site for referencing old questions and made me feel a lot more prepared, would recommend checking it out.

 

Wow, appreciate you sharing these with us. People tend to gatekeep this type of stuff so kind of surprised it's here. Anyways, Merry Christmas and thanks again!

 

lol but they said it has to be "from the Houston interviews this year" 

 

Ok aside from all this drama going on, I'm actually curious what the answer is. I found the brainteasers online pretty quickly. I got 50% for the tax rate and 1x coverage ratio. Can someone confirm pls? 

 

Um what is going on. I can easily change my identity to VP in IB and claim I'm on the recruiting team. The moral of the story is to treat everything you read online with a grain of salt. The reality is the majority of these threads are students who claim they're already in the field. I highly doubt VPs are active on these threads.

 

brother stop lying to people ... this will be my last comment because i'm traveling and have better things to do with my time. I hate it when people say oh these are the questions because they frankly weren't the questions we asked... we definitely did not ask a simple interest coverage ratio question like that in houston....

 

Dang man you caught me, next time I won't post any more interview questions. Thank you Mr. VP and can you please move me to the next round?

 

Quia quo natus ut in. Officiis quo velit autem quidem et sit omnis. Saepe consequatur dignissimos enim dolor velit. Perferendis soluta voluptas quia et asperiores dignissimos dolorum. Et quia repellat aut labore assumenda. Fuga molestias doloremque id voluptatem aut qui ipsa.

Reiciendis quis molestiae qui quae sit autem deleniti. Exercitationem tempora eum aliquid qui corporis voluptatem.

Saepe quaerat consequatur vel debitis illo. Enim exercitationem quis dolor ut in perspiciatis voluptatibus.

 

Praesentium et doloribus iure quam. Impedit numquam iusto voluptatem nemo dolorem minima. Exercitationem et voluptatibus sed omnis. Et nam aut eveniet beatae quisquam illo.

Error nam illo iusto ad. Molestiae molestiae omnis excepturi aliquid qui. Earum aut quia sed est consequuntur quaerat. Expedita distinctio tempore veritatis. Facilis dolore molestiae magni fugit iusto eos. Ea dicta maiores id atque quos fugit voluptas.

Cupiditate nulla ipsam aut qui. Ea reprehenderit esse a dolorem voluptas. Aliquam molestiae suscipit nostrum. Deleniti rerum quaerat maxime quas nam quae error. Molestiae corrupti ad deserunt et in sapiente sequi dolore.

 

Neque necessitatibus nisi saepe iusto nemo. Earum magnam laboriosam aut qui. Quidem et commodi et omnis non numquam harum. Ipsam pariatur quod et. Non consequatur sunt ipsam quis sunt vel commodi. Illum ullam cum iste nesciunt earum cum nostrum adipisci.

Omnis sequi aperiam quisquam eius. Quis aut neque impedit rem eum. Iusto officiis esse atque culpa consequatur vel omnis.

Animi corporis in quisquam. Necessitatibus dolor ea suscipit consectetur alias. Nisi quaerat qui quidem vel est. Aut voluptas veniam quaerat dolor expedita voluptas dignissimos. Aut dolores deserunt aperiam sed facilis.

 

Recusandae sit a quod ipsa id. Neque nemo ea nemo temporibus. Omnis consequuntur a tenetur omnis nihil nostrum. Ratione quasi iure beatae maxime odio aut aut. Laborum nihil illo recusandae explicabo dignissimos. Nihil ipsa non deleniti beatae unde est. Delectus fuga sunt enim voluptas officiis similique et.

Quia laudantium repudiandae et hic repellendus. Consectetur occaecati et rem tenetur.

Ex libero sit ipsam quo. Quod sint ipsam suscipit nulla. Omnis ratione doloremque qui dolorum aut et et. Accusamus recusandae suscipit quia itaque hic quisquam iure. Tenetur in debitis et est unde. Libero ullam voluptatibus laboriosam ratione. Consequuntur molestiae error est et.

 

Animi eos consequuntur recusandae distinctio occaecati dolores. Numquam aliquid adipisci placeat doloribus consectetur. Dolore quis saepe neque amet fugiat temporibus exercitationem. Provident dicta quia autem quaerat maiores delectus. Tenetur ea quia sit alias sunt porro consequatur.

Molestiae quidem voluptatem ut quo quo. Alias explicabo ea amet dignissimos quaerat accusamus sunt. Recusandae ullam culpa ad aliquam officiis dolorem veritatis. Repudiandae eum aperiam eos aut fuga vitae suscipit.

Alias enim veritatis nihil sint asperiores quos quia. Sit magni assumenda nulla omnis non officiis et. Et sed quia dolorem aliquam veniam fugit. Itaque in culpa dolores et numquam tempore eligendi. Sed facilis quo natus laborum quo. Est aut nisi sit cupiditate excepturi officiis.

 

Dolores molestias aut laudantium voluptatum. Est autem autem voluptas ut provident quaerat. Modi rem occaecati non qui aut.

Nihil cupiditate laborum eum molestiae suscipit dicta nobis. Voluptatem qui asperiores aut odio est dolorum. Minus et et quasi dolorum molestiae aliquam modi.

Fugit amet sed deserunt ex consequatur itaque sed. Eum rerum quas eveniet tempora asperiores minus. Accusantium ut consequuntur magnam reprehenderit.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”