1st part of IB (Rosenbaum & Pearl) sufficient for first interview?

minime's picture
Rank: Senior Monkey | 66

Would reading through just the comparable companies analysis, precedent transactions analysis and DCF analysis chapters be sufficient for a first ib interview?

Sort of started revision crazy last minute (aka 4 hours ago) and the interview is in 19 hours so trying to decide whether I can just wrap up these 3 chapters then read up on some current deals tomorrow morning or I'll need to stay up all night to finish the book.

Any advice appreciated!

Comments (11)

Mar 19, 2015

Stick with first three chapter. Realistically you won't remember the later chapters in the interview if you are just reading it the day before. Focus on consolidating on what you already know and prep talk yourself for confidence. Goodluck!

Mar 19, 2015

You're probably better served using the WSO guide with such limited time.

Mar 19, 2015

I definitely agree with this. The Rosenbaum and Pearl book goes very in-depth, and I found that the Breaking into Wall Street or WSO guide would have been sufficient to prepare me for all of my interviews. I would gloss over those guides if you have them. Then, make sure you understand what's going on with the markets/in the news, and be able to elaborate on a few recent deals. Most importantly, make sure your story is down pat.

That being said, I think the Rosenbaum and Pearl book would be great preparation for your actual internship.

Best of luck with your interview!

Mar 19, 2015
Aspiring_Analyst:

I definitely agree with this. The Rosenbaum and Pearl book goes very in-depth, and I found that the Breaking into Wall Street or WSO guide would have been sufficient to prepare me for all of my interviews. I would gloss over those guides if you have them. Then, make sure you understand what's going on with the markets/in the news, and be able to elaborate on a few recent deals. Most importantly, make sure your story is down pat.

That being said, I think the Rosenbaum and Pearl book would be great preparation for your actual internship.

Best of luck with your interview!

Thanks for the advice! I pretty much got the first 3 chapters down although I'm finding the NSS method a royal pain in the ass to really understand. I'm currently working in the markets so am pretty familiar with what's going on with FX, rates and equities. Any good resources you would suggest for learning about a few recent deals? I am completely clueless there.

This is a long shot but if anybody has the files for BIWS or WSO, would you mind sending them to me?

If all else fails, I'm not too shameless to whip out some subtle cleavage.

Mar 19, 2015

^Agreed. just read the biws/wso guides if you have them.
Rosenbaum has plenty of depth you don't have the time for now. If its your only resource, just read up on the concepts of DCF/Comps, ignore the excel bits.

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Mar 19, 2015

One man. One interview. The challenge is to learn banking in one night. Can he do it?

    • 1
Mar 19, 2015
Random Name:

One man. One interview. The challenge is to learn banking in one night. Can he do it?

haha

"I do not think that there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature."

Mar 19, 2015
Random Name:

One man. One interview. The challenge is to learn banking in one night. Can he do it?

Is this a bet? What's the wager?

Apr 2, 2015

.

Mar 24, 2015
bromilian:

I'm rotting away while building these models that I learned from Rosenbaum over the past 6 months, countless repetitions of "my story" whenever possible and hitting the phones as soon as I'm out of class by 4 to break into the industry and you miraculously land an interview and wait a day before hand to start preparing? Makes sense.

Yeah, realized my post came off sounding very nonchalant and dismissive of once-in-a-lifetime opportunities.

Just to clarify, I did a masters in finance, which means lots of classes in financial modelling, etc. Even though I never really read a thing I was technically supposed to during the degree, the classes gave me a pretty good foundation so I was really just recapping a lot of stuff and trying to understand everything in more depth.

Hope that explanation makes you feel a little less bitter.

P.S. Purely coldcalling is probably not the best networking tool.

Mar 20, 2015
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