“Interviewee: Uh, I dunno, I think I read that somewhere in the Vault Guide but I forget the answer now.”
-Banker Friend Relaying His Interview Stories to Me the Other Day
I’ve been getting requests for this one for a long time.
Back in July 2008 I was speaking with a customer who wanted to have a real guide to investment banking interviews.
And even before I started this site, some of my friends suggested that a more relevant and useful guide was needed.
I didn’t want to jump into it, though – I wanted to do the proper research first so I could release something that was an order of magnitude better than the existing guides.
How I Created the Guide
I waited to release this so I could interview a wide set of prospective bankers and see what everyone actually needed help with.
This is based on my experience conducting interviews over the past several months, as well as my experience interviewing people in banking.
Over the past few weeks, I’ve also been receiving requests for sets of interview questions and answers – so I’ve sold a few advance copies already. And I’ve taken into account feedback from early customers.
As the title would suggest, this is a collection of 200 investment banking interview questions and answers you need to know.
We’re all busy, so everything is straight to-the-point, no nonsense included.
Questions are divided into categories, such as “Career Changer,” “Why Banking?” and “Team/Leadership” on the “fit” side and Accounting, Valuation, and Merger Models on the technical side.
There’s a brief introduction that explains the major points you need to remember for each type of question. In total, there are 11 categories of “fit” questions, 7 categories of technical questions and 80 “fit” questions/answers along with 120 technical questions/answers.
The “fit” questions all have suggested answers (answers obviously differ from person to person), while the technical questions have exact answers.
Early customers also get free lifetime updates to the material – so as I add to this collection, you’ll have everything delivered free of charge.
It would be nice to have 1,000 interview questions and answers one day, wouldn’t it?
This is an electronic document, so you get everything delivered instantly – there is no shipping or handling or anything like that. This is for your own convenience and so I can keep the price low.
What’s NOT Included
The purpose of this guide is to tell you exactly what you need to know – nothing more, and nothing less.
This is not a generic interview guide – it is focused on investment banking. Of course, you can use it for anything involving finance and long hours, but don’t expect the typical “soft-ball questions” you find in other guides.
Also note that this is a spin-off of the training courses my team has been working on. There’s some overlap, but there are no video / audio clips since this is a guide rather than a membership site.
That’s still coming, of course, but I wanted to release this ASAP to help people out with summer recruiting.
I’m sure you might have some. So take a look at the page, and feel free to contact us (or leave a comment) with any questions you have.
Thanks for all the replies to my travel plans – I’ll try to meet up with everyone, but it looks like I’ll be quite busy!
UPDATE: A few people have emailed me saying they had trouble reading the document – let me know if you had any difficulties and I’ll send you a different version.
UPDATE 2: To clarify, this is an electronic document – not a physical product. So there’s no “shipping” and you get it delivered instantly.
UPDATE 3: Updates will be delivered via email by using the address you signed up with. You don’t have to worry about anything – you’ll get them automatically.