Lehman IBD Final Round Interview - Any Tips?
Hey everyone,
I'm interviewing for Lehman's IBD Summer Analyst Position (Final round) next week. Any tips or recommendations?
Hey everyone,
I'm interviewing for Lehman's IBD Summer Analyst Position (Final round) next week. Any tips or recommendations?
Career Resources
Was at their superday earlier this month. The absolute best piece of advice I can give you is to memorize this page:
http://www.lehman.com/careers/applytolehman/what_look.htm
Make damn sure that you can demonstrate how you excel in those five skills by the end of the interview.
I'm not exaggerating when I say every single interviewer at Lehman has a piece of paper with those five areas listed, and a checkbox from 1-4. If you can show them that you have all of those traits, you are in.
Oh ok thanks. Did you find it heavily technical or more fit/behavioral?
70/30 Behavioral/Technical
oh ok, was it pretty much general ?'s or anything outlandish i should be aware of?
I second streetluck on the behavioral/technical ratio. I had 4 interviews and 1 was all technical, 2 were all behavioral, and the last was techical for like 5 mins of the interview.
The technicals were pretty easy; just ratios and such, which they even define for you when stating the question. The only thing that I noticed was the interviewer who did my technical interview, was very passive and there was not really any introductory period in the interview (just straight to technical q's). Don't let it throw you. If your interviewer is like this, just be concerned with getting the questions correct and having good reasoning.
I went through this interview as well. Streetluck was right about the technical to behavioral ratio. They don't give many brainteasers - the other people who interviewed with me only got 1. Also, you will be walked around from interview to interview by a current analyst. They are also involved in the hiring decisions, so be personable, mention other banks you are interviewing with if asked.
I went through this interview. Expect to be pressed on "why investment banking." They're not looking for hardcore finance jocks, but they don't want a straight up bullshit answer either. I had some strange technical questions (more for my thought process than the answer itself), I would agree with the 70/30 behavioral/technical split though. My last interviewer cut the interview off after 10 minutes and we just chatted for the remaining 20.
Definitely look at the 5 core skills, also http://www.lehman.com/careers/workatlehman/investment_banking.htm look there for a good answer to the question of "what does an i-banker do?"
Come off as personable but knowledgeable and you'll be fine. PM me if you have any more specific questions.
Should i bring in anything like a portfolio or financial calculator?
I always had a leather portfolio with a couple of copies of my resume, and a place to store business cards. Looks professional when you put it in front of you during an interview.
don't sweat it so much, if you could have made it to the final rounds, obviously you have displayed your interest in banking and seem competent.
I just got back from the interviews. They weren't that bad. Thank you everybody for your advice.
Thank you everybody. Your advice REALLY paid off.
I take it that means you have an offer.. Congrats, Lehman is a great firm.
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