Hello monkeys,
My question is simple: in interviews, when asked the standard "Walk me through the impact of XXXXX on the 3 financial statements" is it okay to ask for paper and pen and do the calculations outloud or should I just say it looking at the face of the interviewer?
If you have done interviews, did you care?
thx!
| +108 | Recruiting in the Fall | 26 | 1d | |
| +35 | Urgent: Top-Tier Bank Rescinds 2024 IB Grad Offer - London - Advice Needed! | 22 | 2d | |
| +26 | When do you know it's time to go? | 4 | 1d | |
| +24 | Low GPA at a Target - How screwed am I? | 20 | 2d | |
| +21 | Measuring what I have; getting restless | 13 | 4d | |
| +20 | Hi | 10 | 6d | |
| +19 | Want to break into IB in 30’s with a shite history, excuse my language | 11 | 2h | |
| +19 | Breaking in Tips | 7 | 4d | |
| +18 | Complicated Situation Regarding Switching Jobs; Looking for Advice | 2 | 2d | |
| +16 | Is MM a fit for me? (ex-gamer / poker player) | 6 | 2d |
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 did both depending on the complexity of the question. If the interviewer asked a question using $10, $20 or $100 with a 40% tax rate, I would do it in my head and walk through my calculations out loud so they can hear my thought process.
If the interviewer asked how $22 of depreciation flows through the statements with a 33% tax rate, I would do it on paper (this was rare - happened maybe twice in all my interviews I've ever had).
Whenever I used a pen and paper, they were cool with it because they understand what questions merit this.
thanks for the info
The calculations aren't that complex that you would need paper.
Voluptatem corrupti pariatur non at vero sed. Et minus quibusdam dolorem id similique et laborum. Qui architecto commodi quidem autem aliquid animi. Sed aut quidem repellendus quidem quo sint.
Architecto reprehenderit ex a ratione iure. Ratione et necessitatibus eius molestias maiores non sit. Aut natus repellat rem ea voluptatem. Sint culpa qui dolores molestiae nisi. Omnis quas nesciunt reiciendis non occaecati. Nobis occaecati cumque pariatur nobis. Est et aliquid ab repellat necessitatibus ut est.
Ipsum aperiam dolorum at qui nulla aut. Laudantium sint nobis harum dolorem totam laboriosam.
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...