Evercore: Equity Capital Markets

Ah, diving into the world of Equity Capital Markets (ECM) at Evercore, are we? That's a thrilling ride ahead! Based on the most helpful WSO content, here's what you should gear up for:

Technicals to Expect:

1. Valuation Techniques: Be ready to discuss DCF, comparables, and precedent transactions. Understanding the nuances of each and when to use them is key.
2. Market Knowledge: You should be up-to-date with current market trends, especially in sectors relevant to Evercore's recent deals. Know the major indices and understand what influences their movements.
3. IPO Process: Given ECM's close work with IPOs, understand the steps involved in taking a company public, including the role of underwriters, the roadshow process, and pricing.
4. Financial Modeling: Brush up on your Excel skills. You might be asked to build or interpret models related to valuations, share offerings, or financial forecasts.
5. Regulatory Environment: Be aware of the regulatory framework surrounding public offerings and equity trading. This includes knowledge of major securities laws (like the Securities Act of 1933 and the Securities Exchange Act of 1934 in the U.S.).

Tips for Preparation:

• WSO Courses: Consider diving into the WSO Elite Modeling Package. It covers financial modeling comprehensively, which will be invaluable.
• Stay Informed: Regularly read financial news from reputable sources. Being able to discuss recent market events or IPOs can set you apart.
• Mock Interviews: Practice makes perfect. Use the WSO Mock Interviews service to get a feel for real interview questions and to receive feedback on your performance.
• Network: If possible, reach out to current or former Evercore ECM analysts. They can provide insights into the firm's culture and might offer specific advice on preparing for the interview.

Remember, confidence and preparation go hand in hand. Show them you're not just ready to take on the challenges of ECM but that you're eager to learn and grow. Good luck, and may your valuation multiples always be favorable!

Sources: Interview for Evercore S&T ER Sales Summer analyst 2018 Please Help, Evercore 2021 SA - Direct Hire Groups, Evercore lateral interview: what to expect in terms of questions and modeling test?