Stephens SA27

Based on the most helpful WSO content, phone screens for Stephens' Summer Analyst (SA) positions, particularly for their NYC office, typically focus on a mix of behavioral and technical questions. Here’s what you should prepare for:

1. Behavioral Questions:

   • Be ready to discuss your resume in detail, including your past experiences, internships, and why you're interested in investment banking and Stephens specifically.
   • Common questions include:
     • "Why Stephens?"
     • "Why investment banking?"
     • "Walk me through your resume."
     • "Tell me about a time you worked in a team or faced a challenge."

2. Technical Questions:

   • Expect basic financial concepts and valuation methods to be tested. Examples:
     • "Walk me through a DCF."
     • "What are the three financial statements, and how do they connect?"
     • "How would you value a company?"
   • They may also ask market-related questions, so stay updated on recent financial news.

3. Fit and Culture:

   • Stephens is known for its strong culture, so they may assess how well you align with their values. Be genuine and show enthusiasm for the role and the firm.

4. Tips for Success:

   • Practice concise and structured answers.
   • Research Stephens' recent deals and their NYC office focus.
   • Be prepared to ask thoughtful questions about the firm and the role.

If you’re looking for more detailed prep, WSO’s Investment Banking Interview Prep resources and mock interviews can be incredibly helpful. Good luck, and crush that phone screen!

Sources: Invitation to Come to GS NYC Office -- What to Expect?, S&T Recruitment 2011: An Applicants Story, https://www.wallstreetoasis.com/forum/investment-banking/thanks-wso-recently-received-an-offer-for-an-sa-position-at-a-bb?customgpt=1, Stephens SA 2021