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Max Mustermann
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Decks in this class (6)
Understanding Banking Questions
You ve never worked in finance be...,
Let s say i m working on an ipo f...,
How much do you know about the li...
17
cards
“Warren Buffett” Questions
“Warren Buffett” questions are designed to test your sense of business, economics and investing. Even though you won’t be investing as an investment banker, you still must look at a business and tell what’s appealing about it and what might be cause for concern.
Common questions include how you would invest a large sum of money, how you would think about investing in companies, and how you would decide whether or not to start a business of your own. You could also get more general quest
11
cards
“Why Banking?” Questions
After the “Walk me through your resume” question at the beginning of almost every interview, the “Why investment banking?” is the next most important question you’ll get.
It is particularly important for the Career Changer, whether you’re a working professional looking to get in, an MBA student who has worked in a different industry prior to business school, or a college student who hasn’t had finance or business experience.
The 2 most important points to keep in mind:
1. You’
8
cards
“Failure” Questions
When the economy is bad and when banks aren’t giving out many offers, “failure” is common. Maybe it’s your greatest fear about banking, or your Plan B if things don’t work out. Or maybe it’s just answering those awkward questions about why you didn’t get an offer last year, or what you did over the past 6 months besides partying in Thailand.
10
cards
“Outside the Box” Questions
You’re likely to receive a number of “outside the box” questions in interviews, especially if your interviewer is the creative type or if you’ve given “boring” answers in your interview so far.
The main mistake you can make here is taking yourself too seriously. With these questions, the interviewer is trying to get at what makes you “cool” and sets you apart from other people.
So try to have some fun with these.
5
cards
Discussing Transaction Experience
Having transaction experience is a blessing and a curse. It’s great because you sound more credible in your interviews, but it’s an added challenge because you need to know your stuff.
If you’ve worked on deals before, your interviewer will spend a lot of time asking you about what you did, and will often “re-frame” the standard technical questions in the context of your deals instead
The questions, explanations, and sample answers here focus on M&A deals because those are generally
14
cards
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Investment Banking Prep
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