RE Interview Review

Hey guys,

I just did a superday for a REPE for an analyst role. 2 hour modelling, discussion and 1 hour interview after. Modelling went really well, answered everything well and even showcased more. Interview was super good especially motivational related till last part where I was asked basic technicals and I completely heard the terms wrongly which took longer to get to the right answer.

Asked super basic question like what is the IRR given the scenario some scenario but I misheard so took longer than needed. As well as what’s the CoC yield of a given scenario and completely thought he meant something else. Eventually got to the answer for both but for such basic questions I feel I threw away an opportunity.

How do you think this part will be weighted against everything else? How harsh would they treat the mistake. Am super bumped out that I made such a stupid mistake.

Please share your experiences and thoughts.

7 Comments
 

Based on the most helpful WSO content, here's what you need to know:

First off, don't beat yourself up too much. Mistakes happen, and it's important to focus on the bigger picture. From what you've described, your modeling test and motivational interview went really well, which are significant components of the evaluation process. Here's how your situation might be assessed:

  1. Weight of Technical Errors:

    • While technical questions are important, especially in REPE roles, they are often just one part of the overall evaluation. If you eventually arrived at the correct answers, even after some confusion, it shows resilience and problem-solving ability.
    • Interviewers may weigh your modeling performance and overall demeanor more heavily than a minor slip-up on basic technicals, especially if the rest of your interview was strong.
  2. How Harshly They Might Treat It:

    • If the firm values technical precision highly, they might view the delay as a slight red flag. However, since you corrected yourself and demonstrated understanding, it’s unlikely to be a dealbreaker.
    • Many interviewers also consider how candidates handle pressure and mistakes. If you stayed composed and worked through the questions, that could leave a positive impression.
  3. Lessons for the Future:

    • Mishearing terms can happen, especially under stress. To avoid this in the future, don’t hesitate to ask for clarification if something isn’t clear. It’s better to confirm than to guess.
    • Continue practicing technicals to ensure you can answer them quickly and confidently, even under pressure. Mock interviews, especially with a focus on technicals, can be a game-changer.
  4. Perspective:

    • Many WSO threads emphasize that no interview is perfect. Even candidates who make mistakes can secure offers if they excel in other areas.
    • Use this experience as a learning opportunity. Reflect on what went well (your modeling and motivational answers) and what you can improve (clarity and speed on technicals).

Remember, firms are looking for candidates who can grow and learn. If you don’t get this role, take the feedback and keep pushing forward. Rejections are part of the process, and every interview makes you stronger for the next one. Good luck!

Sources: "Leaving IB Soon, Final Rants" - The Follow-Up, Feeling down about rejections, UG Recruiting Part II: The first round interview, Reasons for Rejection

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
Most Helpful

Don’t beat yourself up about it, these things happen to everyone at some point. It sounds like you did well in the modelling and interview, the interviewers understand nerves and you got to the right answer in the end anyway. Put this to one side and wait for the decision, there is nothing you can do now. I wouldn’t count yourself out too early, it probably had less weighting than you think.

 

Hey, really appreciate the words. Update: I got through to the next round. Meeting the senior team next week. Glad the others compensated for it.

 

Congrats, the current market is tough so well done. Best of luck next week!

 

Update: Received positive news from HR. Said the feedback was really great and they’re looking to conclude the process by end of the month. Not sure how I should take it or just be neutral. 

Really appreciate the encouragement!

 

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