Advice for ER Interview at Bernstein?
I just got a interview with Sanford Bernstein and I'm looking to see if anyone might have any advice on how to best prepare. Still waiting on the full details (who I'll be meeting with and at what time), but its an in person interview at their New York office at the end of next week.
The position is entry level and for a generalist ER Associate position, not industry specific. To tell you more about me, I just graduated in May from a non-target where I majored in Finance and Statistics. Had one internship at a financial planner and two at small private equity firms. Last one was very research-focused.
Any advice would be appreciated. I'm really excited for this opportunity. Bernstein is pretty much my dream target firm.
Ive read/heard that the interview question can be focused on market sizing (how many buildings in NYC), as well as strategic/case study-like in nature
+1
I've written about this before, so I'll just copy paste that: Bernstein interviews are majority case-based (thinking consulting). Usually the cases are easier than what you actually get in consulting, but that'll give you the right general idea. For one, there's a lot of market sizing questions, e.g. "Estimate the annual revenue of Android Pay" or "Estimate the number of people who would attend a free concert for the Rolling Stones in the middle of Central Park." When I was interviewing for the firm as a junior last year, one analyst also literally gave me a big stack of charts, and told me to analyze them.
As far as I can tell, Bernstein mainly looks for people with good intuition in its interviews, so if you have that, you'll generally be fine. If you don't, then learn how to do case interviews, at very minimum.
i interviewed a week ago in person also and was wondering how you did. A dream job and company of mine. I've been plugging away with the recruiter since jan2017 and she finally gave me a shot for this opening last week of june. i think i did well, 2 interviews, both interviews lasted almost 45mins
Bernstein ER interview (Originally Posted: 01/10/2014)
Hi WSO,
Have an upcoming interview for equity research at Bernstein, wondered if anyone had any insights beyong the usual ER interview prep? I'm thinking more specifically about first hand interview experience with Bernstein, or particular questions that people may have come across.
Thanks, Tgc
The usual interview prep, having good reasons why the SS (and not the BS), why ER, some brainteasers, quite a few market sizing questions, few technical questions.
Thanks TFT, Excuse the ignorance, but what would an example of a market sizing question be?
How many Coca-Cola bottles are bought each year in the US? It can be anything to be honest, they just come up with this stuff on the spot and look how you reason everything through, how you make assumptions and whether you have enough knowledge to at least have a solid starting point (i.e. at least know how many people are there in the US etc.)
PM me for details. Please include the college you attend and any sector preferences
decent links for interview prep (first three links have answers) ..but the links are not company specific
http://vincer.weebly.com/uploads/2/2/9/0/2290177/finance_interviews.pdf http://www.cgu.edu/Include/drucker/career/Vault-Finance%20Practice%20gu… http://www.cgu.edu/Include/drucker/career/Vault-Guide%20to%20Advanced%2… http://www.lbsimc.org/content/index_5_2145523323.pdf
bump - any info on second rounds?
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