First time doing an Assessment Center - Any tips?

Hi guys,

Little bit stressed right now as I have a BB assessment center coming up (off-cycle, London). I was wondering whether any of you guys have assessment center experiences that you would like to share, and any tips/tricks you have and mistakes you have made, and stories you might have heard of. 

Another thing I was wondering is, what is the success rate of these AC's? Do they give an offer to everyone who is outstanding? Or does only one candidate get an offer during each AC? What type of background do other candidates have? And how in-depth must my financial skills be? (WACC and valuation methods I know well, but liquidity ratios, bond valuation methodologies etc I do not know). Have the AC later this coming week. 

Any advice would be great, thank you :)

Comments (12)

Most Helpful
Jun 6, 2021 - 9:01am

Multiple people can get offers from the same AC depending on headcount.

Rounds will be a mix of technical and fit. Probably will be one round where everyone doing the AC will work together to solve a problem / complete a task (though this is not the case for GS and likely a couple of others).

Backgrounds will be the usual suspects; lots of Oxbridge and LSE across lots of backgrounds (but typically pretty privileged folks) / some non-Oxbridge and LSE candidates from more diverse backgrounds / candidates from European targets like Bocconi and HEC.

Knowing the basic technicals will be important (valuation methods, walk me through DCF, etc.) as will having some commercial common sense and an understanding of what's going on in the markets right now (in general and specifically in a sector of interest for you / the sector coverage you're interviewing for). You should also know at least 2-3 deals that the bank has completed in the last year or so that you can talk about.

Happy to answer general follow-ups in this thread or provide specific advice via DM. 

Jun 6, 2021 - 2:28pm

No worries

I didn't make this super apparent in the above response but would echo the comments below that making sure that you come across smart, interesting, humble, and generally pleasant (or at least not unpleasant) to work with is probably more important than technicals. It's about the all-round package.

Otherwise, good luck

  • Intern in IB - Cov
Jun 7, 2021 - 7:01am

If you got to the AC I would guess you have your technicals down. Keep them fresh, but focus on being happy and enjoyable since I found this to be the main focus of ACs. I literally started smiling before entering in the call for my OC and I found that it helped, be it placebo or not, start off the conversation on the right track.

  • Analyst 2 in IB - Gen
Nov 23, 2021 - 12:55am

Curious if anyone has any updated info regarding this? Not necessarily looking for nitty gritty or answers, but especially with how most offices aren't even entirely back in yet. 

I have a JPM Levfin Assessment Centre approaching. Should this be more of an individual case study, or might it still be some group exercise. Are they bringing candidates in for interviews? The last few I had were all remote. 

  • Intern in IB - Gen
Nov 27, 2021 - 2:33pm

Voluptatem quia animi et. Sed eveniet rerum facere quo. Veniam nemo ea optio illo et. Deserunt saepe autem eius repudiandae dolor sit ullam omnis. Qui id odit et nihil assumenda aut.

Start Discussion

Total Avg Compensation

January 2022 Investment Banking

  • Director/MD (5) $604
  • Vice President (20) $379
  • Associates (141) $239
  • 2nd Year Analyst (83) $154
  • 3rd+ Year Analyst (15) $150
  • 1st Year Analyst (291) $142
  • Intern/Summer Associate (63) $143
  • Intern/Summer Analyst (223) $89