Jefferies ibd summer internship first round interview

I think first round will be done by the Cornell Partnership (not sure on that though). If that is the case than do a search on Greenhill SA London and you will find plenty of information. More fit based, competency questions and why Jefferies, why M&A and whats going on in the markets.

Yes it is by cornell partnership. Thanks for the info! Will there be a lot of technical questions? And is it impossible to land an offer there?

I doubt it will be very technical, they are not bankers (CP). Get up to date on 2 - 3 recent deals, be able to explain where you think the M&A market will go in the next 12 months, hell maybe even the infamous SWOT from GHL, read up on that recent thread.

I think it should be possible to get an offer there, why not. The first round interview might be 30 - 45 minutes so also have your ministories on competencies ready. know the differences between boutique and BB and have a good reason why you fit better into the former. Also have your 2 minute pitch on your CV perfected.

That should be enough to get you into the AC round.

Right ok, 2-3 deals can be found online via bloomberg or something like that i suppose. Is there kind of a set-answer for the direction of M&A market? I'm worried they're looking for some set answer which would ruin everything.

I've noted SWOT, got the competencies done.... There should be several posts about Boutique vs BB correct? And CV wise, they will question me on that yep?

Sorry for asking so much details... I do have internship experience before, but that's with Operations, and since this is the only IBD interview I have I wanted to make the most out of it.

Anything else I need to know? My friend said they might have some implicit rule which will see them hire nearly no chinese. Is that true?

pm me. i'm not sure how things work in london, but i am familiar with the interview process for jef ny. to answer your question, there are chinese people at jefferies, but not too many natives. that is true for most investment banks in the us given that this is a client facing career.

and jefferies isn't a boutique. get that straight. swot analysis? i went to final rounds for ghl ny. is this a london specific thing? you aren't interviewing for a consulting job.

yeah but the cornell partnership did those in london so i guess the interview process might be a bit different since the first rounds are outsourced.

2-3 m&a deals can be found on deal journal of wsj (do a google search: deal profile xy deal journal wsj) trend depends on you, let your own opinion flow into that, comment on the deals going on, trends, PE activity, micro/macro environment all that.

Dont worry about them not hiring any chinese, just be confident and know your shit and it wont be an issue.

Thank you so much Aruubato and GBB for you guys help! If I could at least get through to AC I'd be so indebted to you guys... Hopefully I will have enough preparation before next thursday!

Sorry to bump, but would anyone like to add in anything? I'd love to have more views in order to be more prepared. thanks!

Suddenly remembered something. Are there kind of a set answer for "Why IBD" and "How the market will go"? I've read up some questions which does not have a set answer so would like to know whether this two qs would have a set answer to follow. Thks

How the market will go requires your opinion, therefore not rigged or set. When asked Why IB, you should respond with both a story that displays your interest in IB and the characteristics which attract you to the position. I recommend developing some original response to the mentioned questions as many of the applicants will have provided answers that are very standard and akin to what you would find in a vault guide.

Consider looking for ways to tie the Why IB question into your opening pitch.

Check out http://www.mergermarket.com/press/#research and download the latest league tables available. They usually contain a section "market overview". Just read through it and you should have an idea of how to answer the questions regarding the M&A market development. Good luck.

Try to connect the why IBD question to your past in your CV try to make it earlier than just a year ago. Say for example some activity back in the days, some family friends in banking etc. really triggered your interest and that was reinforced during xy activity later and through xy class.

That way you can tailor your answere based on your background and it will seem genuine

So much thanks guys. Gonna continue as much research as possible before tomorrow's interview...

You might want to look at market merger monthly insider as well as there is some useful information about prospective M&A deals. Also don't forget to tell how did it go.

Hi,

How long after your online application to Jefferies summer internship have you heard back?