Wall Street interview questions - Business Insider

Common investment Banking questions

Banking Investment / February 10, 2022

investment banking interview

  1. The investment banking interview process. What to expect once you finally landed that interview. Investment banking interview questions — Quite broadly, there are two types of investment banking interview questions – qualitative “soft” questions, or quantitative “technical” questions. Many of the technical questions you get will be on basic accounting and valuation. They will ask you questions on discounted cash flow analysis, intrinsic valuation vs. relative valuation, etc. Interviewers may also give you challenging brainteasers to see how you think about problems on the spot.

Accounting

  1. Accounting quick lesson. You can’t avoid accounting questions in an investment banking interview. Even if you’ve never taken an accounting class, chances are, you’ll be asked questions that require rudimentary accounting knowledge.

Valuation

  1. 10 Common Investment Banking Interview Valuation Questions. The rigor of valuation questions asked is also a function of your academic and professional backgrounds. For example, if you go to the Wharton School and are pursuing Finance as a major and managed to obtain an investment banking internship as a freshman/sophomore at a bulge bracket, the rigor of questions will be higher because the assumption is that you have additional knowledge given your additional experience and course of study.

Qualitative questions

The kinds of questions that banks can ask you are not limited to finance. While technical questions attempt to establish baseline knowledge, the qualitative questions seek to establish fit. Since investment banking involves a lot of group work, fit is extremely important in investment banking, and success on this part of the interview sometimes outweighs the technical interview component.

Source: www.wallstreetprep.com