First round Interview at PJT (BX) RSSG and HL RX

Does anyone have some insights into what top RX groups' first round interview look like at associate level? Are they different than general boutique banking interviews (some fit + difficult technical)?

6 Comments
 
Best Response

I'm not sure what it's like at the associate level but I'm familiar with the analyst process and I imagine it can't be much different for associates. I went through the IBD SA process and am going to HL RX this summer. RX interviews tend to be more technical in nature compared to M&A interviews.

For HL RX, first round is predominantly fit with a couple of technicals and other questions to gauge your interest level and how much you know about the restructuring industry. The HL RX superday depends on the office (some have 7-8 interviews and some have 4-5 interviews) but is heavily technical (70% technical and 30% fit with each interviewer) with a lot of multi-step accounting questions, capital structure questions, and general IBD and RX specific technicals. You really need to understand corporate finance, valuation, and general strategy type (i.e what would you do in this situation) questions to do well in their interviews. From my experience, they throw a lot of out of the box questions at you that's not really found in the guides but at the same time you don't get the sense that they are trying to grill you.

Didn't go through the PJT RX process myself but heard from a friend that the first round and superday is more fit than technical since they are trying to establish a culture at this point, but you will still get some tough technicals your way.

 

Yes, that's allowed. I go to school with good finance curriculum so I learned a lot from classes but I also did a lot of self-study by reading a lot of RX related books and articles which helped a little.

 

Ducimus omnis et amet sapiente. Repellat est facilis excepturi consequatur quam.

Tenetur natus repellendus velit magni quo cum. Ut blanditiis autem iure hic qui optio. Est ab inventore minus ducimus voluptatibus.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”