Showing results:

Hey everyone, Looking for advice on how to best handle this situation during full-time recruiting conversations. Last summer, I interned at a middle market IB firm as a summer analyst, but unfortunately didn’t receive a return offer. I’m currently in my 5th year pursuing a Master’s degree,...

A new opportunity came up that's more interesting to me than the one I signed a month ago, and I secured an interview with the new firm (that I'm more interested in). The tricky thing is, I already left my old employer and will start on the new job next month. The interviewer will for sure ask about...

took it down because it's solved, thanks and dont pay attention to this post anymore, sjdobijpijrabspobs

Hey everyone, wanted to kick off a Q&A for anyone interested in learning/gaining knowledge about getting into the industry, leaving for something totally different, and then going back into it. Quick background: I came from a non-target school (Baruch College) and broke into Bank of America Merrill...

I have a superday with a PE Investor Relations team next week. Has anyone interviewed and worked for PE Investor Relations? What should I expect for the job and interview?

Hay y'all. I have to do an interview for a Junior Trader Position for an HF in London. What kind of stats questions they can actually ask me about statistics/econometrics?

Let's say a company’s current share price is $20.00. It has 10 million shares and 1 million options with an exercise price of $10.00. What is its Diluted Equity Value? How does the enterprise value change? I undersatnd using the TSM that 500,000 new shares get created ($10M / $20) so the new...

I have a First round interview with a RE credit firm AM analyst role (in person, 6 people, 20 minutes each). I've never interviewed on the credit side, but I've worked tangentially to it in internships. Curious if the technical questions are different and what could they potentially focus on? Also...

i fucked up with a referal, director asked me what i wanted to do, and i said the wrong things, referal went trought and i regret it because that's not what i want to do, i want to tell her what i really want to do but i feel like it might fuck up everything, what should i do

Can't find any information but they seem more technical than they appear. No idea how to prepare. I was told to bring paper and a calculator to a phone interview.

alright please disregard, issue solve, just need to fill the chracter count but it's all good now. thanls

I'm sure a lot of things differ but not sure what. Can someone enlighten me on what the f to do in this situation, and, also what are the major discrepancies for the technicals between those two?

Why isn't tax rate taken into account here to adjust the cost of debt, thus doing (1-tax rate) for the second body of the WACC

Hi guys - I am preparing for an in-person case study at a BB. I believe it's going to just be pen and paper, followed by a presentation. This is for an associate role in M&A. Can anyone give any tips on how to prepare or what they've experienced at specific banks? Thank you!!

Hello all, I have a case study interview at a large PE firm soon in the Valuations team and am unsure what to study besides walk me through a DCF and a paper LBO. Does anyone have any experience in this field/ been through this interview process? Ive been reading up on the valuation methods, how to...

Been on this forum for a while now and would really appreciate some guidance. Long story short: I'm studying at a target in the UK, failed to convert my IBD summer last year (was told this was largely due to headcount), and am nearing graduation with no concrete plans of what next. I was too late to...

Hi Monkeys, I have an upcoming interview with Baird for a lateral analyst position in an M&A group. I was told there will be a modeling test—likely an M&A or LBO model. Could anyone share what the general interview process was like? And if you've taken the modeling test before, I’d really...

I'm currently in the process for a FT role at a MM in London and its been 3 weeks since my last interview but have not heard back from the firm (have emailed HR twice and even called them today but have received no response). Has anyone had similar experiences and received positive news or am I just...

I have a case study assessment day on Wednesday for a bank's mid-market M&A Industrials team. They've told me the structure will be the following: Intro to the Case Study: c.10 mins Preparation Time: c.1 hour Presentation and Discussion of Results: c.1.5 hours This will be my first role in M&A, even...

Hello all! I’m building an open source archive of past quant interview questions. You can filter the questions by firm (such as Citadel, Jane Street, and more). I’d appreciate your feedback, so please check it out at coachquant Dot com If you have any past interview questions you’d like to...

Applied a week ago and received an interview invitation asking if i am free last week or this week. Didn't receive a response so followed up again this week. Is it normal for companies ( especially smaller VC/PE firms) to ghost you after an intervire request? Unsure what I've done wrong

Hi all, I'm currently in sell-side M&A and interviewing for an ER role at MS, which I'm super excited about. I studied science in undergrad and somewhat randomly found my way into finance, but have quickly learned that banking is not for me and my skillset / interests are much more relevant for a...

Do employers or even people recruiting for SA'26 at BB's ask for the certificate of internships you have on your CV? Or do they just ask you about it during your interview? Cause i did internships but not long enough to get a certificate (it was a one month period)

I have an interview for a SA 2026 DCM position and was just wondering how to go about prepping for the interview. So far, I've tried to highlight any key topics like duration, convexity, assessing creditworthiness and break them down, as well as having an opinion on the market. If anyone could guide...

Hi guys, I will have a research testing for an ER associate position for a BB in London consisting of 1,5h excel test (P&L, Fx, perf, stock split), a 30min word test and a 30min numerical test. Do you guys know what I can expect? Any useful ressources to train on these? Thanks!

Do investment banks of all sizes (BB, EB, and MM) require modeling tests for junior year internship summer analyst positions? Do you actually have to sit in excel for an hour or two and create a model or do a modeling case? Or is the extent to which they gauge your modeling abilities through their...

Hi all, I'm preparing for some consumer private equity interviews and I'm looking for any consumer-specific or nuanced questions you've encountered in the past. I know a lot of the questions will be standard PE fare, but I've come across some consumer-focused ones in the past that I didn't feel...

Has anyone completed the first round interview with an associate? If so, any input would be greatly appreciated, thanks.

I was asked this question today in an interview and wanted to see if someone could help create an answer to "Walk me through a pitchbook". I assume just a 30,000 foot overview on content would be sufficient to answer with.

I have an interview for a Corporate Banking Summer Analyst role and was just wondering where I should direct my interview prep. I know the BIWS accounting guide inside out as well as the EqV/EV and DCF stuff (thought I doubt that would come up). I also familiarized myself with the different...

Hi there, I am practising building LBO models from scratch (starting with the three financial statements), rather than relying on online case studies where the main assumptions are already provided. This is in preparation for my interview. One issue I am running into is determining which...

Got a final interview stage, and the rumour is that the only other candidate is an internal hire. What do we think is the rationale for this? How do I make myself stand out?

For a sophomore with no prior banking experience, are there any recommended resources to learn more about the private credit industry and even courses going through the industry and / or interview prepping? I have an interview with a Global Alrenative Investment company coming up in a week or so?...

Hi, I've got a second round interview for a summer internship at a top 5 BB but it's in Japan and I'm not sure how to prepare for it ? Has anyone here ever interned in japan or went through the processes to do so ? Some classmates told me that there's relatively few technical stuff required for...

Hello, Quick question, can someone please explain and confirm what would be the impact of +20 in stock (inventory) on Enterprise value ? Thanks!

I applied in December for a position as a summer intern for the Optum Advisory team (..../jobs/view/4049633230/ on LinkedIn). Required qualifications listed include experience with at least one of the following: Excel, R, Python, SQL, SAS. A general description of the activities involved includes...

Hello, I am currently preparing for many different interviews at investment banks, but I don't feel really prepared yet. From what I have heard, there are a lot of questions, especially in the DACH region, where more emphasis is placed on technicals, and I have not been able to answer many questions...

Hello, I'm currently preparing for a lot of different interviews. Last time I was presented with various case studies where I had to do a bit of work in Excel and then a bit of work in PowerPoint for a presentation. As I also want to prepare myself well for this, I would like to know where I can...

Hey, I'm always looking for an internship in Europe, and I don't know that many investment banks where you can do an internship, or how they rank in comparison to each other. Especially for the German market. But I have already read on the internet that there are company rankings and suchlike...

I understand it increases after-tax cost of debt, because the tax shield benefit is lessened. However, I don't understand how/why it affects cost of equity. Mechanically, when you unlever and relever the beta, aren't you using the same tax rate? Say you have a comp set of 5 companies all with a 20%...

Hey everyone, I’m a business student (not in finance) and have an interview to be a winter analyst for my university’s investment club. This is a big deal for me because it’s a great stepping stone into investment banking and capital markets—fields I’m really interested in. I’ve had two...

I am a recent BBA graduate, looking for a learning opportunity about investment banking, best valuations methods and many more

Has anyone been interviewed for this program? If so, what was the video interview format, and do you remember any questions that were asked? Thanks!

Hi! I have a case study I purchased but it didn't come with the solutions. Would anyone be interested in trying to complete it in the next ~2-3 days? Happy to send it over as long as you're willing to share your results. Would be super helpful to compare what I'm getting to your answers. It's a...

Hey guys, Does any of you have insights into what a typical Deutsche AC is for IB? Is there a case study and if yes, what does it include? How difficult is to pass the AC? Thanks!

Hi all, I’m interviewing for a VP role at a real estate PE firm. I’ve been through seven rounds of interviews (3 MDs and 4 VPs, mostly Zoom) and had a 1-hour in-person interview with one of the MDs. The team and role feel like a good fit. Now they’ve asked me to sign an NDA and complete a case...

I have a first round of interviews at Moodys for an associate analyst - It consists of an Excel exercise and written component: could anyone advice me how will it be

Hey, I'm still relatively new, I have a question regarding the change in NWC, for example, if you calculate FCFF, the formula is FCFF = EBIT * (1 - MTR %) + D&A (and other noncash items) - CapEx - Change in NWC. But how do I calculate the change in NWC? For example, if I have the NWC in 2023 and...

Feel free to rip it to shreds have my top choice superday next week, so need this answer to be top: My eagerness two join IB stems from to underlying reasons: Dynamism and Continuous Learning What drives my passion for any project or role I undertake is the opportunity for consistent learning....

Does anyone know what questions are typically asked as HRT WITTI - Women in Technology Trading Winternship. It says Probability and a programming exercise. What resources should I use for prep?