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Investment Banking Analyst

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Month of Interview: 
April
Industry Detail: 
Investment Banking
How long did the interview process last?: 
Less than 1 month
Student / Prospective Monkey
Group/Division/Type: 
Generalist
What did the interview consist of?: 
Phone Interview
1 on 1 Interview
Group Interview
How did you get the interview?: 
Other
What were the most difficult or unexpected interview questions asked?: 
What are 3 places where the tax affects the DCF? What would be the margins for a company in (insert sub-sector here)? How would you value a subscription-based company? Create a sources and uses schedule given certain information including the company's multiples, debt usage, and debt-related assumptions. What happens when you purchase a factory for $500 with $250 debt? Then what happens if it has 10% interest income, 5% interest expense, and 10% principal repayment? What is a particular subsector you are following, and what are the key drivers in these subsectors?
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Overall, how would you describe your interview experience?: 
Neutral
Please describe the interview / hiring process.: 
Started with some networking, got passed around the office. Then got invited for their virtual coffee chat. From there I receied a first round which lead to a superday.
Overall, how difficult was the interview?: 
Average
Official Undergrad School Name: 
Overall Undergrad GPA: 
3.6
Undergrad Class Year (or expected): 
2020
Degree 1: 
BS or BSc or SB
Major 1: 
Business Admin. / Management
Varsity Athlete: 
No
Millitary Program (ie. ROTC): 
No
Race: 
Asian
Sex: 
Male
Outcome of Interview: 
No Offer
Year of Interview: 
2018
How did you answer each of these questions (please be specific)?: 
What are 3 places where the tax affects the DCF? NOPAT, % Debt in WACC, Unlevered Cost of Equity What would be the margins for a company in (insert sub-sector here)? Talked about how subscription-based companies have steadier margins than many internet companies. How would you value a subscription-based company? DCF, stable cash flows Create a sources and uses schedule given certain information including the company's multiples, debt usage, and debt-related assumptions. Don't remember exact numbers What happens when you purchase a factory for $500 with $250 debt? CFI goes down by 500, CFF up by 250. Cash down by 250, asset up by 500, debt up by 250 Then what happens if it has 10% interest income, 5% interest expense, and 10% principal repayment? What is a particular subsector you are following, and what are the key drivers in these subsectors?

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