Guide to the Interview Process
Getting an investment banking interview typically involves a combination of strong networking, thorough technical preparation, and mastering the interview process. Networking is crucial—connecting with bankers through informational interviews, attending recruiting events, and leveraging alumni networks can significantly improve your chances of securing an interview. Building relationships and showing genuine interest in the firm can set you apart from other candidates.
On the technical side, rigorous preparation is key. You’ll need to be proficient in financial concepts like DCF, valuation techniques, and accounting principles. This often involves studying technical guides, practicing with question banks, and staying updated on current market trends. When it comes to the actual interview, you’ll face both technical questions and behavioral prompts. Demonstrating your ability to think critically under pressure while communicating clearly and concisely is essential. Successful candidates show a balance of technical expertise and the interpersonal skills needed to thrive in a fast-paced, client-driven environment.
What is the interview process like at Evercore?
Evercore’s interview process is highly technical, beginning with a first-round interview that focuses on technical questions for the first 25 minutes before shifting to behavioral inquiries. During the superday, candidates face four rounds of interviews, each covering different technical topics, with one final round with an MD that focuses more on fit and cultural alignment. Expect in-depth merger math and on-paper calculations throughout, as well as a thorough review of your resume, particularly if it contains financial experience. Having a strong grasp of accounting principles and an understanding of the guides is essential to succeed. Evercore’s technical depth requires serious preparation, especially in areas of merger models and financial math.
What is the interview process like at Centerview?
Centerview Partners’ interview process is known for its balanced approach, with the first-round interview typically being split evenly between technical and behavioral questions. Alumni from the candidate’s school often conduct this first round, making the environment slightly more familiar but no less rigorous. A major focus is on fit, and candidates should be prepared for a highly behavioral superday, where the firm seeks to evaluate whether a candidate aligns with their culture. Expect brain teasers and reasoning challenges during the process, as Centerview places strong emphasis on math and logic skills.
What is the interview process like at Goldman Sachs?
Goldman Sachs’ interview process starts with a HireVue and then proceeds directly to a virtual superday. The interviews can vary in structure, but in general, they are less technical than those at some other banks. Instead, Goldman places a heavier emphasis on fit and behavioral questions, where candidates are expected to demonstrate interpersonal skills and alignment with the firm’s values. While technical questions may arise, it is important to have a deep understanding of a specific industry and be able to discuss it fluently. For those targeting Goldman Sachs, being able to communicate your personal experiences and industry insights is just as important as technical knowledge.