Phone Interview Situation

I was lucky to get a heavy hitter (not in IBD, a different division) at an all purpose bank like citi, hsbc, db in asia (but not singapore/hk/china/india) to refer me to the head of investment banking in that same nation where there is no recruiting process because the satellite office is very small with only 3-5 people.

The head of ibanking in that country wants to set up a phone interview with someone in singapore/hk where there is formal recruiting (which for all intents and purposes, is almost over).

What can I expect from this phone interview? Typical phone interview? Fully technical? If I do well offered an SA position? I'm a sophomore, but I don't think the head of ibanking in the satellite office who wants to set up the phone interview knows that…

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (12)

Feb 24, 2009 - 12:13pm

Will do. If I get technicals I just don't know, do you suggest manning up and just saying I dont know, or notifying the interviewer that I'm a sophomore and haven't taken those respective classes yet?

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
Feb 24, 2009 - 1:05pm

Yea, the tech guide here on WSO is quick and easy. As a sophomore, I would focus on the stuff in the "beginner" sections. But definitely prepare the behavioral stuff too. I would guess they don't expect you to be a finance whiz as a soph, but just that you have done your homework.

NEVER lose your BlackBerry

Feb 24, 2009 - 11:07pm

9 out of 10 MDs won't waste their time asking technicals, they'll leave that to junior people, they just care if they like you. Might be one or two basic technicals to see that you're competent, but he isn't interested in listening to a teenager stammer through an LBO analysis.

Feb 25, 2009 - 4:23pm

I wouldn't worry too much about technicals.

1) have your resume in front of you... you will want to use it as a hand rail when you tell your story (have bullet points of your story in front of you too ... its easy to ramble on and on when you can't see the other person's face so have your bullet points laid out and stick to them)

2) stand or sit up straight, your attitude and confidence are huge over the phone so making sure you're not slouching around and sounding dull will help

3) have your technical resources open in front of you... you may not even use them, but they will add confidence

4) when he is silent, don't feel a need to fill that silence with rambling

Feb 25, 2009 - 4:41pm

Not to hijack, but for those of you who have done phone interviews, how do you minimize those awkward seconds after you finish your answer and no one says anything? Just wait until the interviewer asks the next question?

Feb 25, 2009 - 4:53pm
Start Discussion

Total Avg Compensation

July 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (36) $363
  • Associates (210) $232
  • 2nd Year Analyst (121) $152
  • 3rd+ Year Analyst (28) $146
  • Intern/Summer Associate (102) $144
  • 1st Year Analyst (449) $132
  • Intern/Summer Analyst (358) $82