Month of Interview:
September
Industry Detail:
Investment Banking
How long did the interview process last?:
Less than 1 month
1st Year Analyst
Group/Division/Type:
N/A
What did the interview consist of?:
1 on 1 Interview
How did you get the interview?:
College / University / On Campus Recruiting
What were the most difficult or unexpected interview questions asked?:
Was asked how to calculate the Total Addressable Market (TAM) of a certain industry - detailing commercial and consumer markets. Also asked what is the maximum amount of change you must have so that you can't make change for a dollar. How would you value a horse? How do you value a pre revenue company? Was asked quite a few technology related questions, like what industries within tech do you follow and find interesting, what are some unique things to take into account when valuing a tech company, etc.
No votes yet
Overall, how would you describe your interview experience?:
Positive
Please describe the interview / hiring process.:
Screening rounds then a 6 hour superday with 9 Analysts, Associates, Directors, and MDs. 30 minute interviews with simple technicals.
Overall, how difficult was the interview?:
Average
Official Undergrad School Name:
Overall Undergrad GPA:
3.5
Undergrad Class Year (or expected):
2017
Degree 1:
BS or BSc or SB
Major 1:
Economics
Varsity Athlete:
No
Millitary Program (ie. ROTC):
No
Race:
White
Sex:
Male
Outcome of Interview:
No Offer
Year of Interview:
2018
How did you answer each of these questions (please be specific)?:
Broke the TAM down between commercial and consumer markets, and used some high level guesstimations to create a range of market size
The maximum amount of change would be $1.19 you can google this question to get the full answer and breakdown of coins - fairly common interview question
I said I would value a horse through a DCF (forecasting revenue and costs over a particular time period, no terminal value) and through a market approach
Tech questions were easy if you follow the industry and have some deals to mention
Forums: