Investment Banking
Deep dive into M&A mechanics, valuation methods, and technical interview questions. Essential for IB analyst candidates.
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Modules
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.
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.
M&A Mechanics
57 questions
Master merger models, accretion/dilution analysis, and deal structuring. The technical foundation for M&A interviews.
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.
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
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.