Breaking Into Wall Street Investment Banking Interview Guide Pdf

Detail the exact steps you took to solve it (60% of your time).

Operating Income (EBIT) decreases by $10. Assuming a 40% tax rate, Net Income decreases by $6. Detail the exact steps you took to solve

Thank you – [Bank Name] IB – [Your Name] and their specific platform strengths.

Secure at least 20–30 informational interviews with current bankers before applications open. Informational interviews turn into internal referrals. Detail the exact steps you took to solve

Read financial publications daily. Be prepared to discuss one major macroeconomic trend and two recent M&A transactions in detail.

Use the target company's cash flows to pay down the debt over a 5 to 7-year investment horizon, boosting equity returns upon exit.

Cite specific deals the firm recently closed, their culture (learned through networking with their bankers), and their specific platform strengths.