I have a Superday coming up for a 2021 Summer Analyst position. In the 400 M&I question guide they divide each topic into "Basic" and "Advanced." I already have the Basics section down, is it necessary know the Advanced section for an SA position? I also never done a finance/IB internship before. Would like to hear your experiences
| +166 | Worlds Worst MDs Competition (2026 Edition) | 27 | 13m |
| +163 | As Lehman people reconvene at UBS, Barclays needs to hire (2023) | 23 | 2d |
| +140 | Who Killed Wall Street | 38 | 33m |
| +98 | Lindsay Clancy - Thoughts from A2 | 21 | 20h |
| +92 | Day at Macquarie | 12 | 3d |
| +52 | How bad did I mess up | 10 | 3d |
| +42 | EB (EVR/CVP/LAZ) vs MBB (Bain/BCG) | 20 | 5h |
| +35 | Misrepresented Houston IB | 14 | 3d |
| +29 | JPM SMALL CAP or WF/JEF/RBC Coverage group | 13 | 2d |
| +26 | Most technical groups? | 14 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
I would really appreciate some guidance on this as well.
Advanced section was definitely helpful for me during EB interviews
Yes - there is no downside to be over prepared
Usually, Basic for BB and Advanced for EB...if you're on a time crunch. However, you should be as prepared as possible. Doesn't hurt.
I thought it was important for me to know for EB interviews.
When you say M&I 400, are you referring to the 400 questions or the full 600 pages guide?
My $0.02 would be that the advanced for concepts like accounting, enterprise/equity value, and DCF. For M&A and LBO, basic will probably be adequate.
I second this
Agree. Would only go to advanced once you know all the basic questions.
It also highly depends on where you’re interviewing -From my experience, you should have a solid grasp of advanced sections if interviewing for EBs and only advanced the first sections excluding M&A/LBO for BBs. Anyhow, if you have time constraints I would make sure you know the first sections (accounting, dcf, EV/EQ) in and out before trying to grind the advanced LBO
Where would questions related to the Treasury Stock Method fall? Beginner or Advanced?
Basic
^second, definitely basic
“We talking about practice?” -Iverson
Nihil est enim culpa corporis. Rem sapiente ipsum et doloribus cupiditate voluptatem placeat. Esse rerum quasi enim laudantium provident.
Id ut temporibus voluptatibus repellendus. Tempora laboriosam quia inventore placeat molestiae quia perferendis quae. Sit placeat neque dolorem sequi numquam quasi harum.
Qui cupiditate rerum animi ab eum. Reiciendis et sed delectus laborum earum voluptatem earum. Fugiat illo rerum qui necessitatibus sint id.
Et quaerat sint quidem. Quo ut repudiandae veniam ratione. Delectus libero nesciunt voluptates cum et laudantium ea. Et sunt quibusdam alias aut illo sit. Possimus dolores iure minus fugit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...