FT Partners Analyst Interviews

Intern in IB-M&A

I've got an interview with FT Partners coming up in the next couple of weeks. I've heard to expect something pretty technical, anybody have some insight on what to expect? FinTech valuation stuff to look up? Thanks

Comments (27)

  • Prospect in IB - Ind
Feb 6, 2020

Are you from a non-target? I'd try to go anywhere but FT Partners even if they are the "top" fintech bank on the street. Will do wonders for your mental and physical health based on past threads.

    • 1
Feb 6, 2020

Yeah I'm from a reputable school but also a bit of a non-target. I'm a senior now and won't be returning to where I interned last summer so working to find something full-time by the time I graduate in ~ 4.5 months, but also hoping to work in tech/VC in SF so FTP is a solid start for that.

With limited connections in banking, and only one summer at a boutique shop FTP is probably about as good a gig as I can land at this point. Not really sure how to get a BB/EB to give me the time of day as things stand.

Either way, I'm familiar with FTP and what to expect working there, just hoping for more insight on interviews, which seems to be generally limited on this site.

Feb 6, 2020

From my experience, they asked a good amount of technicals. I would study up on merger model questions, get a strong basis in accounting (deferred revenue), and understand how tech companies operate and some different business models. Also it would be good to know a little more about fintech, and be able to connect why you want to work in the space. They read a lot into your resume, so some questions might be technicals or tougher behaviorals based off of resume information.

  • Prospect in 
Feb 6, 2020

Did you get the interview from the online resume drop or through substantial networking? I applied earlier this week but haven't heard back yet

    • 1
Feb 6, 2020

Is this for lateral or are you a senior right now and did you have an IB internship this past summer?

Array

  • Prospect in 
Feb 6, 2020

senior, worked in IB last summer

Feb 6, 2020

Yeah I had an IB internship last summer and am a senior. I got the interview from networking, they have a resume drop for my school but I applied via a different link. The process seems a little slow, it seems they are expanding fast trying to stay on track with the exploding Fintech industry and are probably slammed

    • 1
  • Analyst 1 in IB-M&A
Mar 6, 2020

Any updates after your first interview

Feb 7, 2020

bump - any other insights? Anybody work in Tech banking with advice on resources?

  • Analyst 1 in IB-M&A
Feb 12, 2020

Is your interview next week?

  • Prospect in 
Feb 15, 2020

following - when are the interviews? Or are they done

    • 1
  • Analyst 3+ in IB-M&A
Feb 12, 2020

Interview process is pretty standard.
- Intro / behavioral (know why banking / why FTP / at least 3 FTP deals)
- Technical interview (know accounting cold, details on accruals, EBITDA, etc. valuation methods.)
- Brief conversation with the CFO
- Superday (Combination of all of the above. Typical superday interview)

Its a great firm with strong deal flow but I would be cautious of its reputation for extremely poor work/life balance.

  • Analyst 1 in IB - Ind
Mar 8, 2020

people who recently interviewed, did you get a sense of culture/hours?

Feb 13, 2020

is this for San Fran?

  • Analyst 1 in IB-M&A
Feb 13, 2020

NYC for me

  • Prospect in 
Feb 17, 2020

bump

Feb 24, 2020

Bump

  • Analyst 1 in IB-M&A
Feb 25, 2020

heard superday is next friday

Feb 25, 2020

My interview from last September:

  1. Name one trend in FinTech and why do you think it is hot right now. I named mobile payments and they grilled me on that.
  2. Why banking, why FinTech, and why specifically FT partners.
  3. Technicals. Standard accounting, valuation (DCF, comps) questions but one question about the Gordon Growth model about DCF terminal multiple really threw me off. I think they also asked me about the merger model but I can't be sure.

Thought I interviewed pretty well but got rejection in 3 days. I can't be sure what dinged me but I'd expect it's my answer on why fintech. Make sure you have a well-versed answer to that.

Good luck OP.

    • 1
  • Prospect in 
Feb 26, 2020

bump - have interview coming up next week, any help would be great

  • Prospect in 
Feb 29, 2020

bump

Mar 8, 2020

have they started to finally pay well? back when i was involved in this industry they didn't pay shit.

  • Prospect in 
Mar 8, 2020

Bump on updates for the full time process

  • Prospect in Other
Mar 8, 2020

interviewed for full time at FT last semester. made it to the superday, which like everyone said was super technical. wasn't well prepared for the merger model qs and tripped up in the round with the director. It took them like 2 weeks to tell me their decision

Mar 8, 2020

dude the reason you didn't get an offer isn't b/c you missed a few technicals. that's almost never the reason.

  • Analyst 1 in Other
Apr 6, 2020
Comment
  • Analyst 1 in IB-M&A
Apr 6, 2020