Banking interviews test three things: who you are (fit), what you know (technical) and what is happening (markets). Preparation is the difference between nervous and confident. Here is the guide to recurring questions.
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Fit Questions
- Why banking? Why this firm?
- Why should we hire you?
- Tell me about a time you handled pressure.
Technical Questions
- Walk me through a DCF or valuation.
- How do the three financial statements link?
- What is a discount rate and why does it matter?
Market/News Questions
- What is happening in rates, currencies or a sector?
- What recent deal or IPO caught your eye?
How to Prepare
- Practise fitting a clear, structured answer.
- Master one valuation story end to end.
- Read the week's financial news.
- Mock-interview with a peer.
FAQ
Are banking interviews mostly technical?
Junior roles lean heavily technical; senior roles add strategy and leadership.
How long should my 'why banking' answer be?
60–90 seconds, with one concrete reason and evidence.
Related: IB Recruiting and IB Difficulty.