📊 Investment & Capital Markets · Entry level

Investment Banking Analyst: interview questions

Role-specific questions

1. Walk me through a DCF.

How to answer: Define the concept in one sentence, walk through the steps in order, then add a real example from your work.

2. How would you value a company using comparable multiples?

How to answer: Answer with a short framework (two or three steps), then back it with a specific example and the result.

3. Why do companies acquire others?

How to answer: Link your strengths and goals to the employer's needs. Be specific about the company and role.

4. Tell me about a time you worked through the night to deliver a deadline.

How to answer: Use the STAR method: Situation, Task, Action, Result. Close with a number and what you learned.

Common questions for Investment & Capital Markets roles

Pitch me an investment idea.

What interviewers look for: Cover thesis, valuation, catalysts, risks and exit.

Tell me about a model you are proud of.

What interviewers look for: Explain the structure, drivers, checks and the decision it supported.

Why this firm and this role?

What interviewers look for: Be specific about the firm's strategy and your skills.

Prepare a STAR story bank

  • Situation: one or two sentences of context.
  • Task: what you were responsible for.
  • Action: what you did, step by step.
  • Result: the outcome with a number, plus what you learned.

The Interview page in the app saves your own answers for each question and has a practice timer.

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