Is there a “deal-breaker” question?
A single question so important that an incorrect answer would sink your chances in interviews?
One example is your “story” – what you say when someone asks you to walk through your resume/CV or to introduce yourself.
Make a poor first impression in the first 2-3 minutes, and you’ll never get the chance to make a second impression.
But in private equity and buy-side interviews, there’s another deal-breaker question that can just as easily ruin your chances:
Would you invest in or acquire this company?
This question is the goal of most case studies and modeling tests.
But I’ve never seen anything that generates so many poor responses.
It might be the #1 reason why so few candidates receive offers at private equity firms, even though every banker alive wants to work there.
WARNING: Red Alert