Houlihan Lokey FRG 1st round interview - tips

nymatt's picture
Rank: Monkey | 60

Have a 1st round summer associate interview with HLHZ Restructuring soon and was wondering if anyone could provide any tips on what to expect (types of questions) and how to prepare (any specific guides/good books to check out)?

Any help is appreciated

Comments (17)

Jan 24, 2015

In terms of guides, I have the BIWS stuff, and I have found it to be quite useful. It helps lay out the different technical questions, and also how you should present your story. I haven't tried the other guides, but I have had good experiences with BIWS, so far.

Jan 24, 2015

Thanks Sharp2ndF - I have the BIWS stuff as well and its helpful, although the section on section on restructuring and distressed M&A wasn't that big and I was hoping to find something else more detailed

Jan 24, 2015

Oh, that's true. My bad! I'm sure people in the field will comment soon; a lot of people on this site definitely have some good insight.

Jan 24, 2015

BUMP

Jan 24, 2015

interested as well

Jan 24, 2015

i heard its very debt and restructuring technical and heavy

know in dpeth about capital structure and which debt level you should invest in based on assumptions given

Jan 24, 2015

Know your financial statement flow-throughs. They asked the most difficult ones. Keep track of all the different items, sometimes you won't catch something until you get to the balance sheet.

Jan 24, 2015

Were there any tough questions besides the ones on financial statements?

Market McFly:

Know your financial statement flow-throughs. They asked the most difficult ones. Keep track of all the different items, sometimes you won't catch something until you get to the balance sheet.

Jan 24, 2015

i had a first round with them.

My interview was very technical, but didn't involve any of the questions from the WSO restructuring guide.

The only one I got was to tell them how to normalize the income statement for a distressed company. Everything else was very situational.

Jan 24, 2015

Thanks man, any suggestions on how to prep for it?

americano:

i had a first round with them.

My interview was very technical, but didn't involve any of the questions from the WSO restructuring guide.

The only one I got was to tell them how to normalize the income statement for a distressed company. Everything else was very situational.

Jan 24, 2015

get ready to be raped

Jan 24, 2015
traveler818:

get ready to be raped

lol that probably sums it up best

Jan 24, 2015

BUMP BUMP BUMP

Jan 24, 2015

Has anyone heard back?

Jan 24, 2015
burnincrab:

Has anyone heard back?

I had a superday last friday, they said they have to go to one more ivy

Jan 24, 2015
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