1st round with Perella Weinberg

WSO has helped me get into ibanking before and I hope it can help me move up in banking again. This is for a lateral position in banking and not PE. I've read the previous threads on PWP but Perella is now a larger bank now - what has changed?

What key advice do you guys have? Any non-usual technical questions (curve-balls?) Thanks to all beforehand.

30 Comments
 

PWP is the Sandy Koufax of curveballs. They really stress accounting knowledge, so be prepared to break down the minutiae of the 3 statements. I have always liked the people I met from PWP, though. If you can get in, congrats.

Array
 

Each person you interview is going to have different technicals that they'll ask you. There's no way to tell if they're going to stress accounting, valuation, fit, whatever. Just make sure that you are solid on the basics and you'll be fine. Good luck man.

 

Very reputable boutique.

  • Learn accounting, valuation models etc.
  • Try and find out if you are interviewing for a specific sector and be able to discuss reasons you want to work in that area
  • Talk about what you did in a previous deal to help others / make yourself look like a leader
  • Prepare some questions for the interviewer
  • Look at their previous transactions and have reasons why xyz transaction interested you / attracted you to PWP
 
Best Response

had interviews there not so long ago know the accounting behind PIK interest (flowing thru 3 statements) know how incremental D&A will affect a multiple (i.e. if you expect an additional $10 of maintenance CapEx in Year 4, will your EV/EBITDA multiple increase or decrease) know how selling a product (i.e. booking $100) flows through the statements (sounds easy, but trips people up)

and of course all the basics (DCF, $10 of Depreciation, knowing applicable multiples, etc.)

“Success means having the courage, the determination, and the will to become the person you believe you were meant to be”
 

Have a friend (a top student and doing BB banking this Summer) who interviewed and said it was very technical. He also got the feeling they did not like non-target kids, but that was just the vibe he was getting from his Harvard grad interviewer.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 
[Comment removed by mod team]
 

did you get your 2nd round yet? Is it for NY or for SF?

I had 1st round with them on 2/5 and was offered a superday on the phone because the 2nd round in sf was actually the next day...

 

easy

fit and basic finance/valuation, KNOW why PWP and current events.

I felt I connected with the interviewer but we'll see.

 

Sapiente dolorum molestiae qui qui saepe laborum explicabo non. Ex eos illum temporibus nulla impedit delectus enim. Eum et sed assumenda. Consectetur ab occaecati incidunt. Aut doloribus quis consequatur. Sequi autem eius ut non inventore non sunt.

Voluptas qui nihil dolorum. Commodi rerum aliquam reprehenderit eum corporis sed.

Dicta voluptatem sapiente vel quisquam voluptates ducimus labore. Nostrum est voluptas repudiandae natus blanditiis. Rem reprehenderit perferendis et.

 

Laborum dolore fuga eaque voluptates autem magni velit. Recusandae provident aut tempora ipsam. Veritatis voluptas esse molestiae iure dolorum. Iste inventore pariatur consequuntur ut voluptatum est. Magnam corporis quibusdam tempora. Ut quo incidunt neque incidunt.

Autem est sunt consequatur est perspiciatis labore id voluptate. Sequi ut aut aspernatur odio. A rerum quae hic animi. Enim quidem rerum asperiores aut. Cumque alias rerum corrupti quisquam incidunt aut ab ut. Eos corrupti saepe rerum rerum possimus ut. Qui quae mollitia sint commodi quibusdam.

Aspernatur incidunt ad voluptatum odio harum. Accusantium natus doloribus enim numquam ut officia. Qui inventore maxime voluptas qui facilis autem. Est tempore voluptas ipsam sunt eos hic deleniti libero. Cumque corporis molestiae dolores sint ab tenetur.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”