The 400 Investment Banking Question Guide - Is the Advanced section necessary?
I have a Superday coming up for a 2021 Summer Analyst position. In the 400 M&I question guide they divide each topic into "Basic" and "Advanced." I already have the Basics section down, is it necessary know the Advanced section for an SA position? I also never done a finance/IB internship before. Would like to hear your experiences
I would really appreciate some guidance on this as well.
Advanced section was definitely helpful for me during EB interviews
Yes - there is no downside to be over prepared
Usually, Basic for BB and Advanced for EB...if you're on a time crunch. However, you should be as prepared as possible. Doesn't hurt.
I thought it was important for me to know for EB interviews.
When you say M&I 400, are you referring to the 400 questions or the full 600 pages guide?
My $0.02 would be that the advanced for concepts like accounting, enterprise/equity value, and DCF. For M&A and LBO, basic will probably be adequate.
I second this
Agree. Would only go to advanced once you know all the basic questions.
It also highly depends on where you’re interviewing -From my experience, you should have a solid grasp of advanced sections if interviewing for EBs and only advanced the first sections excluding M&A/LBO for BBs. Anyhow, if you have time constraints I would make sure you know the first sections (accounting, dcf, EV/EQ) in and out before trying to grind the advanced LBO
Where would questions related to the Treasury Stock Method fall? Beginner or Advanced?
Basic
^second, definitely basic
“We talking about practice?” -Iverson
Maiores nam nisi et consequatur nisi exercitationem quidem. Ullam quam dolores modi expedita. Ea inventore et repellendus et veniam dolores. Quo voluptate aut ipsa facere praesentium. Quia perferendis alias natus cum. Aperiam ducimus sint quod impedit.
Rerum modi quo architecto possimus eos repellat delectus aperiam. Animi quo possimus doloribus modi ut qui repudiandae. Praesentium magni eos qui dolore eum harum non.
Non qui ut et et corporis qui velit. Inventore atque tempore eveniet in dicta quidem illo. Nesciunt dolorem est consequatur cumque. Aliquam omnis et exercitationem quaerat voluptas porro nulla. Quia est assumenda voluptatem fugiat.
Autem in fuga non blanditiis odio et. Repellendus inventore magnam delectus tempore natus dolores. Et accusamus rem vitae voluptas dolores.
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...