Investment Banking

Deep dive into M&A mechanics, valuation methods, and technical interview questions. Essential for IB analyst candidates.

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5
Modules
240
Questions
0
Answered
5
Available

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Modules

1

Accounting Mastery for IB

45 questions

Go deeper into accounting than the basics. Master three-statement linkages, non-cash items, and the accounting questions that trip up candidates.

18 easy18 medium9 hard
2

Valuation in IB Context

45 questions

Deep dive into valuation methodologies used in investment banking. Trading comps, precedent transactions, and DCF with IB-specific nuances.

18 easy18 medium9 hard
3

M&A Mechanics

57 questions

Master merger models, accretion/dilution analysis, and deal structuring. The technical foundation for M&A interviews.

18 easy27 medium12 hard
4

Deal Process & Documentation

46 questions

Understand the practical side of IB: pitch books, deal timelines, sell-side vs buy-side processes, and what analysts actually do day-to-day.

17 easy20 medium9 hard
5

Technical Drill Sets

47 questions

Rapid-fire technical questions to build speed and confidence. These are the questions you'll face in first-round screens and superdays.

18 easy19 medium10 hard

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What to Expect in Investment Banking Interviews

IB interviews combine technical finance questions with behavioral assessments. You'll need strong fundamentals and the ability to discuss deals in detail.

  • Accounting: How the 3 financial statements link, working capital, depreciation impacts
  • Valuation: DCF methodology, trading comps, precedent transactions, when to use each
  • M&A: Accretion/dilution, deal structure, synergies, merger consequences
  • Market knowledge: Recent deals, industry trends, why investment banking
  • Deal experience: Detailed walkthrough of transactions and your specific contributions
  • Behavioral: Why banking, why this bank, leadership examples, teamwork

Investment Banking Interview Guides

IB Interview Questions GuideWalk Me Through a DCFAccretion/Dilution ExplainedM&A Deal Process WalkthroughM&A Interview QuestionsBreaking into Investment Banking

Frequently Asked Questions

What questions are asked in Investment Banking interviews?

IB interviews cover accounting (3 statements, how they link), valuation (DCF, comps, precedent transactions), M&A (accretion/dilution, deal structure), and general finance concepts. Behavioral questions focus on why banking, why this bank, and deal experience.

How do I prepare for IB technical interviews?

Master the three financial statements and how they link, learn DCF and multiples valuation, understand M&A mechanics and accretion/dilution. Practice walking through transactions and be ready to discuss market trends. Consistent daily practice with our 400+ IB questions builds confidence.

What DCF questions should I expect in IB interviews?

Common DCF questions: Walk me through a DCF, how do you calculate WACC, what's the difference between levered and unlevered FCF, how do you calculate terminal value, when would you use a DCF vs multiples, and what happens to valuation if you change the discount rate.

How important is deal experience for IB interviews?

Very important. Be ready to walk through 2-3 deals in detail: the situation, your role, key analyses, and outcome. If you lack deal experience, discuss relevant projects, coursework, or case competitions. Focus on demonstrating analytical rigor and attention to detail.