Month of Interview:
September
Industry Detail:
Investment Banking
How long did the interview process last?:
Less than 1 month
3rd+ Year Analyst
Group/Division/Type:
Generalist
What did the interview consist of?:
Phone Interview
1 on 1 Interview
Skills Test
How did you get the interview?:
Recruiter
What were the most difficult or unexpected interview questions asked?:
No particular question was particularly difficult given lack of emphasis on technicals at the interview stage , with technicals tested under a case study and modelling environment.
Interview question which was most difficult / most important related to deal experience and explaining what your role was / what skills you have developed in that particular transactoin
Modelling test consisted of an equity research report and a PIB - needed to build a three statement model from scratch in 90 mins including DCF valuation and sensitivities
No votes yet
Overall, how would you describe your interview experience?:
Positive
Please describe the interview / hiring process.:
5 Face to Face Interviews with 3 VP's, and 2 MD's - 30 mins long in each.
Personality / fit based interviews for all with emphasis on motivation for joining the firm / understanding of the firm.
Modelling and language test taken (1.5 hour modelling test and 3 hour case study)
Overall, how difficult was the interview?:
Average
Official Undergrad School Name:
Overall Undergrad GPA:
3.8
Undergrad Class Year (or expected):
2017
Degree 1:
BS or BSc or SB
Major 1:
Mathematics
Varsity Athlete:
No
Millitary Program (ie. ROTC):
No
Race:
Other
Sex:
Male
Outcome of Interview:
Declined Offer
Year of Interview:
2019
Why did you choose to decline the offer? (optional):
I received another offer from a competing firm
How did you answer each of these questions (please be specific)?:
In depth discussion over one particular deal on my resume (highlighting key skills that I displayed in that particular deal including financial modelling which was expressed via understanding of the market and key drivers for the transaction, management of due diligence process and internal processes).
For modelling - relatively straightforward, 10 year DCF model using historicals as a base and conservative growth assumptions (% gross margin etc, revenue growth, build in sensitivities for time series inputs etc. and data tables for sensitivities, including additional scenarios for sensitivities)
Key to have balance sheet balance so focus on that in the last 15 minutes.
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