Advice to Prospective Interviewees

I am a second year Analyst at an EB in their M&A group. I've interviewed >100 prospective bankers during my time and have a few pieces of advice; very simple, but seemingly overlooked by many interviewees. 


Why Banking?

The most common answer I receive: I want to work in a fast paced environment on interesting projects with smart people. 

In my opinion, this is a cop out answer and tells me absolutely nothing about you as a candidate. The best answer to this question is typically some form of "I fucking love finance. I love banking and want to do deals." This answer tells me you'll have no problem working late nights, will become a good bullpen member, and have a thirst to learn. 


Why our bank? 

Common Answer: Bank X has a great reputation and has worked on these 2 big deals that everyone knows.  

I'm asking this question because it matters - Why us? I don't just want a candidate that wants to break into banking at any cost. I want a quality candidate that knows which banks are interesting to them for supportable reasons. Also, being able to reference information SPECIFIC to the group you're interviewing for is a huge plus. 


Last thing: The one characteristic, outside of a generally nice person with a positive personality, I look for in candidates is drive. In the interview, find ways to convey to the interviewer that you are a driven individual, as these personalities typically do well in banking. 



 

Easily interview / chat with 2 kids minimum per week - I always accept if you reach out and want to chat. 

 

Ex minima aliquid nisi numquam omnis dolores et. Qui quia repudiandae pariatur nam. Earum autem porro quis consequatur iusto a. Ullam in et deleniti id est. Tempore facilis cumque et praesentium officia a incidunt cupiditate.

Occaecati odit dicta ut recusandae et quisquam recusandae cum. Molestiae dolorem ut laudantium repellat molestiae quis impedit. Error odit nihil numquam illo ut voluptatem corporis saepe. Occaecati cum enim enim natus vel. Placeat quam corrupti fuga qui.

Minus dolorem modi ex sunt et et. Quaerat eos reprehenderit ducimus repellat. Sequi rerum excepturi expedita voluptatibus enim similique. Sunt perferendis iusto quidem quibusdam. Reprehenderit aut minus assumenda. Ut sed vel cupiditate officiis repellendus voluptatem illum praesentium.

Recusandae non accusamus qui laborum quae. Sequi quas et perspiciatis. Praesentium rerum in consectetur rerum. Modi molestias ea soluta quis tempore. Praesentium dolorem et dolores error.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”