16 Comments
 
Best Response

Well, I don't know if you're a troll, but in the off chance that you are not, you should know that in M&A you'll absolutely need to have a general idea of how IPO work because you'll eventually handle dual-track processes involving both M&A and IPO. If you're looking for a job in IBD, you need to have a broader view of how Investment Banking works.

 

So basically you went to an IB M&A interview, you did not prepare anything and you did not know anything, so you will end up in Sales and you are happy with that, makes sense.

Protips: M&A is almost all the times (esp if it is to take a company private again) with an IPO in mind to get back a multiple on your initial investments along fat dividends if things are done correctly, that's textbook process.

 

I think you're that nontarget kid that wanted to know whether targets and non targets have the same opportunity in an interview. I guess you're finding out. You need to work much harder before your next interviews. These are questions you should be able to work through on at least the lower level stuff. I mean if you don't even know what EV is you're way behind.

 

Bro, that's really bad. Like you messed up some real softballs. FWIW, you were probably done after the first interview since you did zero research on the group but you probably still had a shot. May have even had a shot since you'd never done an LBO, assuming this wasn't a LevFin or Sponsors group, but messing up EV is just terrible. Like I'd get up and leave terrible. Good Lord.

 

You are upset because you were asked some non-traditional ib interview questions, but it seems like you weren't prepared at all, so I don't see how you being asked purely traditional IB interview questions would have made for a different outcome. If you cannot roll with the punches, this industry isn't for you. You'll be eaten alive by clients and won't make it past the first VP asking you to complete a pitch by Monday on a Friday evening.

 
"bNNNN"VPAsked me several random stuff I didn't know (how does an IPO work and stuff). I think these were pretty unfair questions since I interviewed for M&A and not capital markets.

lol

“Elections are a futures market for stolen property”
 

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