IB or M&A or TMT

First time poster here.

If in an internship interview, you are asked 'why are you interested in this division?", are they referring to IBD, or specifically M&A if no division was specified in the application?

 

They'll generally ask you "why i-banking?" if they want to know the answer to that. if they're wondering what groups you're interested it'll be along the lines of "what groups are you interested in?"

MM IB -> Corporate Development -> Strategic Finance
 

start by answering why ibanking, and then narrow your response to the specific group, be it an industry or product group, depending on the bank you are applying to. that way you cover all angles.

Capitalist
 

Aut quia illo officiis earum est. Aut eius consequatur sit vel corrupti dolorem. Rerum qui sint animi qui qui.

Dolore facere sed aperiam ipsam placeat fugit et. Ipsum id sunt et dolor. Totam veritatis vel aspernatur deleniti fugiat.

Excepturi eveniet provident voluptatem quo qui atque qui. Rerum aliquid et quae ea.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
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...”