Investment Banking Summer Analyst

Status
Intern at
Group/Division/Type
City
Chicago
Interviewed
February 2012
Overall experience
Very Positive
Difficulty
Average

General Interview Information

Outcome
No Offer
Interview Source
Employee Referral
Length of Process
Less than 1 month

Interview Details

What did the interview consist of?
Phone Interview
1 on 1 Interview
Please describe the interview / hiring process.
There were three rounds of phone interviews over the course of two weeks. At the end of the 2nd week, there was a Superday on that Saturday. The second round was largely technical but still very basic questions. (What is wacc, beta, etc.) The Superday was almost entirely behavioral questions as were the 1st and 3rd round phone interviews. There were 7 20 minute interviews, with 1 having some technical questions. The technical questions still remained very basic. (What factors can you change in an LBO model?) It was a really enjoyable process, however the office did lose two of its biggest rainmakers the previous summer so that's definitely something to consider when interviewing with this office.
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