Walk me through an M&A

In my interview I was asked if I knew what M&A was, and I gave them my answer.

But afterwards they asked me to walk them through an M&A process

I was stumped then because I have always known what M&A was, but not what actually happens in Investment Banks when one occurs, and to the businesses in play.

I told them I didn't know, and they told me if I could walk them through any Financial procedures such as Spin offs, Buy side listings, Divestitures, Underwriting, and raising capital.

Once again I told them what they all meant, but I had no idea how it's done by the Investment Banks.

People who are interested in IBD and finance know the definition of M&A, and other financial services, but how is it actually done? What are the steps that an Investment Bank takes to do any Financial service. Can someone clarify on this?

2 Comments
 
Best Response

Excepturi omnis illum enim delectus explicabo officia laudantium est. Facilis eos odio iste reprehenderit assumenda. Commodi vitae et aut quis autem laudantium.

Necessitatibus officiis quidem consequuntur officiis et tempora quod. Culpa quis facilis quod vitae minima et earum. Expedita eum fuga omnis velit. Beatae in sint aut rerum velit veritatis. Veniam quam incidunt illo ducimus eum. Autem facere quia minus illum. Libero non deserunt sit voluptas ut omnis.

Quia ut sequi atque qui quaerat eveniet. Ut velit et illo officiis natus. Eos eos aliquam quidem qui suscipit.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”