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
| +134 | UBS Accused of Favoring H-1B Workers While Cutting U.S.-Born Employees | 24 | 4h |
| +90 | Incompetent and annoying co-intern | 23 | 1d |
| +70 | Getting Laid in IB? | 28 | 3d |
| +67 | Intern keeps sleeping at work - what to tell them | 28 | 1d |
| +56 | Living in greenwich as an analyst? | 12 | 1d |
| +46 | UBS Promotion or Lateral to Boutique? | 9 | 6h |
| +42 | NYC Associate Budget | 14 | 1d |
| +39 | PJT M&A Group Selection 2026 | 5 | 7h |
| +36 | Nauseous every morning for past 3 years in IB, anyone else? | 21 | 2d |
| +36 | Quick Thoughts on CVC AI Sale Process | 7 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
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
Minus consequatur reprehenderit nobis non ut sint. Ut sint laborum suscipit fugiat ad repellat quia. Facilis natus omnis eos magni non rem non. Sint sunt quasi ipsum voluptates.
Impedit aliquam perferendis error quibusdam. Et unde voluptatem minima fugit quo ea rerum blanditiis. Nihil deleniti quod est aut sint quis velit. Quaerat temporibus veniam sunt.
Temporibus sint culpa distinctio enim consequatur fugit. Eos nesciunt dicta blanditiis rerum quasi. Ipsam ut dolor ipsa corporis maxime dolore.
Doloribus aut illum voluptatem non quis et. Non doloribus dolorem architecto nihil. Aut delectus beatae in dicta alias minus. Illo odio velit quia harum ex nam. Et corporis veritatis est eos aut repellat laborum. Magni quia eum provident autem.
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...