E&Y Business Advisor Program interview for BAP program: more info?

Rank: Baboon | 119

I have an upcoming 2nd round interview at E&Y for their Business Advisor Program (BAP) in their Financial Services Office (FSO) in NYC. Does anyone here know anything about this group, and the interview process?

The interview process involves 2 behavioral interviews, a case interview and a writing assessment. I have no clue what type of case interview to expect. If anyone can provide some insight, I'd really appreciate it.

Most of the work that this group does is provide various advisory services to financial institutions including banking/capital markets clients, asset managers, and insurance companies. Services include areas such as risk management, treasury, accounting, securitization, regulatory compliance, finance, operations and internal audit.

Thanks in advance

Comments (29)

 
Oct 31,2010

bump. i'm also interested in the BAP. Anyone here work at EY's FSO advisory?

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Oct 31,2010

Which office are you interviewing for?

-MBP

 
Oct 31,2010

Nevermind, I just read your post again. As for the Risk Management part, my best guess is to review some Market Risk and Credit Risk concepts. Also review risk-neutral pricing. I don't think they can really ask anything beyond that. If you have more time to prepare, I would also look at Basel II and Basel III.

-MBP

 
Feb 28,2011

Any other insight into this program or recruiting process?

I just got invited to a super day for this program. It sounds like its not going to be a very technical, just qualitative.

 
Feb 28,2011

I interned there last summer. PM me for more info.

 
Feb 28,2011

As far as the interview process goes, the case was pretty simple. It was about a regional bank that was expanding by acquiring smaller town banks. I'd say the emphasis on the case was understanding the regional banks risks in the acquisitions. This program is all about identifying client risk and managing it. The writing sample was very simple. We had the choice of answering one of two questions: one was about a financial trend that was recently in the news, and the other was a "tell me why you're qualified to work here" question. I'd say there isn't much use in doing a ton of preparation other than reading your WSJ every day.

 
Feb 28,2011

I had interviewed for a senior bap.

It was all qualitative and behavioral, really harping on your ability to manage and lead other people.

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Side-by-side comparison of top modeling training courses + exclusive discount through WSO here.

 
Mar 31,2011

Can anybody send me any information they have on the program, please? I am trying to compile information on FT BAP as I am considering it as a career path. Thank you.

 
May 31,2011

I am a senior 1 in the BAP, PM if anyone has specific questions.

 
Oct 31,2012

Hey, I have an interview for the BAP and was wondering if you could provide some insight into the case and what how I can prepare for the Case.

 
Oct 31,2011

to ripken818:
I need to complete online Writing Assessment for E&Y, and I want to pass it because I'm very interested in the BAP. Can you please tell me about this Writing Assessment? How can I prepare?

 
Oct 31,2012

Is the BAP a rotational program in both advisory and Transaction? or is it just advisory.

 
Oct 31,2012

The BAP is a rotational program through different areas of Advisory (not Transaction Advisory).

BAP areas broadly include Financial Services Risk Management (FSRM), Performance Improvement (PI), and Process & Controls (P&C). Sub-services lines include Credit, Market, Operational, and Treasury Risk, Quantitative Advisory, Derivative Valuation, Regulatory Compliance, AML, Structure Finance, Insurance & Actuarial Services, Finance Mgmt, Operations Improvement, Treasury Advisory, Consumer Banking Operations, and Process & Controls.

Separately, we have the TAP.. Technology Advisory Program.. with several sub-service lines.

 
Oct 31,2012

What do people in Quantitative Advisory, Structured FInance and DErivative valuation do? Thanks alot

 
Oct 31,2014

I'm invited to EY's BAP megaday in 2 weeks. What should I expect?

 
 
Oct 31,2014

interested as well. is anyone familiar with EY BAP?

 
Oct 31,2014
 
Oct 31,2014
 
Oct 31,2014

i know 2 guys who did it. they basically rotate you through various types of engagements to expose you into different areas of financial consulting (its aligned with the FSO from what i understand) and then once you complete it (if your still around) you focus on one area. this however is dependent on the types of engagements they win and so forth, but their financial consulting arm is very strong (its the majority of the business). EY is all about finance. also, i think you rotate every 3 months unless your request to stay longer on a particular project. i have heard that sometimes people get frustrated because by 3 months they are well acquainted with the work and the client, but then have to move onto the next engagement and start over. all in all, its a strong program, good work, good name, big clients (all name brand), lots of travel

 
Oct 31,2014

Hi, thank you so much for your answer.
How prestigious is this program compared to other consulting firms? Would this be placed 2nd or 3rd tier? And also would people doing this program considered to be management consultants? or just risk, business advisors?

 
Oct 31,2014

one day your going to learn (once you are in consulting) that "tiering" firms is stupid. at the end of the day, there are the strategy firms (MBB,LEK,OW,Monitor) and then there is everyone else. i have yet to run into someone in the industry who compares firms by tiers. its just the elite and the non-elite. plain and simple. (that doesnt mean working at a non strategy firm is going to be bad and that you wont have a very good living...also, getting a job at MBB is f*cking hard and near impossible without a solid mba,etc.)

as for your other questions, i do not know how it compares. i would imagine it has its benefits and disadvantages just like any other rotational program out there. you honestly just need to see where you can get a job and once you have offers, you can weigh the benefits and disadvantages that suit your career goals, lifestyle, etc.

nobody in the industry is a "management consultant" except for the strategy houses...

for example, in healthcare you may pitch once in a while to a director or VP or whatever, but your never going to be in the same type of work and pitching to the board of directors, CEO, etc. as you would at MBB/LEK/OW etc. its just completely different kind of work. strategy is the crux of a companies management, hence whey they are "management consultants." everyone else just does operations and other random shit. i guess you could just say they are advisory, or like financial consultants if you really needed some sort of identification/title.

 
Oct 31,2014

Also interested in FSO Advisory over at E&Y if anyone could shed some info it would be much appreciated

 
 
Oct 31,2014
 
Oct 31,2014