For your upcoming Jefferies Equity Research technical interview, especially for a senior associate position in healthcare services, you can expect a focus on several key areas:

  1. Industry Knowledge: Be prepared to discuss current trends in the healthcare services sector. This could include recent regulatory changes, major mergers and acquisitions, and shifts in consumer behavior due to technological advancements.

  2. Financial Modeling and Analysis: You should be adept at financial modeling specific to healthcare services. This includes understanding how to model out healthcare companies, which often have unique factors like reimbursement rates, patient volume forecasts, and regulatory risks.

  3. Valuation Techniques: Be ready to perform DCF, comparables, and precedent transactions analyses. Healthcare services might require specific adjustments or considerations, such as different amortization schedules for intangible assets or the impact of Medicare and Medicaid reimbursements.

  4. Earnings Reports and Market Updates: Demonstrating your ability to dissect an earnings report and extract relevant information for healthcare services will be crucial. Discuss how market updates affect sector valuations and company forecasts.

  5. Technical Questions: You might be asked to update a model based on hypothetical new quarterly earnings data or to critique a model based on common errors in healthcare financial modeling.

  6. Sector-Specific Questions: Given the focus on healthcare, you might face questions about the impact of new healthcare policies, insurance changes, or technological innovations in medical devices and telehealth services.

Prepare to showcase your deep understanding of both the financial aspects and the unique elements of the healthcare services industry. This will likely include demonstrating your ability to handle the rigorous demands of equity research in a complex and ever-evolving sector.

Sources: Jefferies SA 2023, Jefferies 2022, What am I expected to know as an incoming ER SA?, Credit Suisse, Barclays, and Jefferies Healthcare, Those who are IB analysts in healthcare, I have a few questions (MUCH APPRECIATED)

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Ut nihil sit fuga praesentium dolor debitis qui. Illum qui eveniet nam at eos aliquam ad. Dolores eveniet itaque ipsum. Perferendis libero alias nihil accusantium quo qui. Vero sequi et nulla voluptate repellat.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
10
numi's picture
numi
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...”