Hey Everyone,
I come from a non-target school and through networking I have been able to secure an IB phone interview for a big bank. I obviously want to be prepared to the full extent and I am not sure what types of questions they will be asking. Anyone know what types of questions they focus on in phone interviews? Or what types of things should I have prepared or things I should stay away from? Any information would be helpful. Thanks
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Probably a weed out type call, so make sure you can talk about yourself in a polished and concise manner. Prepare for the standard behavioral/fit interview questions. Prepare for some technical questions too; have an opinion on the markets. Honestly with phone interviews, anything is fair game. But the benefit of this is that you can have a computer screen and tons of notes in front of you to help you answer whatever you may be asked (don't use this as a crutch, and definitely don't let the interviewer hear you typing away). Just know your shit.
Thank you for the help
Congratulations! I would be prepared for the some more common technicals that can be derived from your story. Like if you say you've built a DCF before then expect to have to explain it. In addition, I would say know your behaviorial and have well thought out answers. In addition, know why bank X, why investment banking, and why city X (especially if it isn't NYC).
On another note - are you sure this is a true phone interview and not an informational? I don't really know of any processes that are already doing interviews.
BB 1st round phone interview for SA IB (Originally Posted: 02/10/2010)
Hi everyone,
Just wondering if anyone has any comments on what one could expect on a 1st round phone interview for a SA spot for IBD. How technical can the interview get? also, does anyone have any tips on what sorta follow up questions are good to ask? (About current events, culture, etc)
Any help would be greatly appreciated, thanks!
Generally speaking, you can expect about 60/40 in terms of fit to technical. If it's SA, you're unlikely to need to know much on merger and LBO models unless you find yourself with an interview at one of the top three firms or at an elite boutique. Almost everything else–especially accounting–is fair game.
Good follow-up questions cater to your interviewer and either his/her job or background. Don't ask cookie cutter questions about culture, and try to cater current event related questions to things that the bank you're interviewing at has worked on recently.
Phone Interview Question for BB (sophomore) (Originally Posted: 12/23/2014)
Hey guys, I'm a relative new user.
I am a current sophomore from a non-target. I have been networking like crazy with alums and friends of alums in hoping I can get a bulge bracket interview for my junior year.
Recently I met a senior managing director at a BB and we hit it off pretty well saying he wanted to help me. He set up a phone interview with a director in his division regarding a potential summer internship at the bank. What kind of questions should I expect? Should I prepare for technical? Should I start the online application?
Thanks and sorry for being such a newbie.
I would prepare for technicals, understand how the financial statements are connected, follow the news. The online application is the last thing I would worry about right now.
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