Investment banking interviews are intense — fit questions judge your story; technical questions test your modelling; market questions test awareness. Here is a full prep guide with example questions.
Advertisement
Fit Questions
- 'Why investment banking?' — answer with a precise motivation and proof.
- 'Why this firm?' — research their deals and pitch specifics.
- 'Tell me about a time you led under pressure.' — use the STAR method.
Technical Questions
- 'Walk me through a DCF.'
- 'How do the three financial statements link?'
- 'How do you value a company?' — mention DCF, comparables and transaction multiples.
Market/News Questions
- 'What is moving the market this week?'
- 'Name a recent deal you followed.'
Preparation Plan
- Master the modelling fundamentals.
- Practise fit answers aloud.
- Follow financial news daily.
- Schedule mock interviews.
FAQ
Do interviews include modelling tests?
Often yes for junior roles — expect a timed case or model.
How should I answer 'why banking'?
Be specific: a story showing you understand the work, with evidence.
Related: Banking Interview Basics and Recruiting Season.