Here’s How to Gain an ‘Unfair Advantage’ Over Other Candidates in Investment Banking Interviews
When you cut away all the fluff, two topics matter more than anything else in investment banking interviews:
1 Your answer to the “Tell me about yourself” or “Walk me through your resume/CV” or “Why are you here?” question.
In my 10+ years of conducting mock interviews, I’ve never once heard a good initial answer to this question.
That’s why it’s so tough to win offers in investment banking interviews – answer that one question wrong in the first 2-3 minutes, and you’re out!
But if you use our templates, and you outline your story and get feedback directly from us, you instantly jump ahead of everyone else in the interview room.
2 Your ability to answer technical questions competently and prove that you can do the work.
Technical knowledge is required to win offers. If you can’t explain the financial statements, valuation, or DCF analysis, you’ve eliminated yourself before the interview even begins.
It’s not possible to learn everything at the last minute because there is a lot of material – but you can focus on the most important concepts and use the quizzes and Excel files in this Interview Guide to make sure you know the ropes.
Our Interview Guide is designed around these two critical topics.
Yes, there’s lot of other stuff in here – fit/behavioral questions and answers, quizzes, practice case studies, industry-specific questions, deal discussions, and more.
But if you answer questions in these two categories like a pro, the rest is icing on the cake.
Highlights of the Investment Banking Interview
Guide 4.0 Include:
- The Quick Start Guide gives you 4-hour, 2-day, and week-long prep plans, so you know what to focus on with limited time. If you have more time than that, great – but get the fundamentals right first!
- Pitch Yourself Like a Pro with one of our 18 step-by-step templates for walking through your background in interviews regardless of whether you’re an undergraduate, recent graduate, MBA student, career changer, or seasoned executive.
- Gain Conceptual Mastery with 86+ pages of guidance on “Fit” questions, including how to prepare and examples of good answers in the major categories. You’ll be able to discuss your strengths and weaknesses, analytical skills, and teamwork/leadership abilities like it’s second nature. Altogether, there are 109+ questions with model answers.
- Discuss Deals and Markets Like a Lifelong Banker with 6 sample “deal discussions.” These discussions correspond to deals the bank has worked on and ones you have worked on. You’ll also learn how to research markets and companies efficiently – even if it’s 3 AM, and your interview starts at 9 AM.
- Get Case Study Practice with our 17 Excel-based case studies. These are VERY similar to the types of case studies you’d encounter at assessment centers in Europe or standard IB/PE interviews. You’ll build 3-statement models, value companies and build DCF analyses, make M&A and investment recommendations, and complete merger models, LBO models, and even a debt vs. equity financing model.
- Crush Your Technical Questions with conceptual explanations and rules of thumb in all the main technical categories: Core Concepts, Accounting, Equity Value and Enterprise Value, Valuation and DCF Analysis, Merger Models, and LBO Models… plus, bonus guides for Industry-Specific Questions (real estate, oil & gas, banks, insurance, and restructuring), Equity/Debt Capital Markets and Leveraged Finance, and Private Companies.
- Each guide comes with full explanations of the concepts, interview questions and answers, Excel files, annotated diagrams, and more. You can use these tutorials to answer ANY technical interview question calmly and confidently.
- Test Your Knowledge with 6 interactive quizzes that cover the core technical topics above – you’ll get a total of 218+ questions and answers, with full analysis of the questions and explanations of why answers were correct or incorrect.
- Expert Support: We have a team of experienced investment bankers standing by to respond to your questions, comments, and emails 365 days per year, for a full 5 years after purchase. There are some limitations on this service – we can’t do your homework for you – but career-related, qualitative, and technical questions are covered.
- Unconditional 90-Day Money-Back Guarantee: We’re so convinced that the IB Interview Guide is the most practical and effective program of its kind that it comes with an unconditional money-back guarantee for 90 days.