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10 Tips for Preparing for Case Studies and Technical Interviews in Investment Banking

Introduction 

Investment banking interviews are known for being challenging, especially the case studies and technical interviews. These interviews are designed to assess your problem-solving skills, financial knowledge, and ability to think critically under pressure. 

 

Here are 10 tips for preparing for case studies and technical interviews in investment banking: 

 

1. Understand the different types of case studies and technical questions that you may be asked. There are a variety of different case studies and technical questions that you could be asked in an investment banking interview. Some common case studies include DCF modelling, LBO modelling, and train teasers. Some common technical questions include questions about financial accounting, corporate finance, and valuation. 

 

2. Practice answering case studies and technical questions.  

The best way to prepare for case studies and technical interviews is to practice answering case studies and technical questions. You can find practice questions online and in investment banking interview preparation books. 

 

3. Be able to explain your thought process.  

When answering a case study or technical question, it is important to be able to explain your thought process to the interviewer. This will help them to understand how you think and how you arrive at your answers. 

 

4. Be prepared to discuss your assumptions.  

All case studies and technical questions are based on assumptions. It is important to be able to identify and discuss the assumptions that you are making in your analysis. 

 

5. Be able to think critically and creatively.  

Investment banking is a fast-paced and dynamic industry. Investment bankers need to be able to think critically and creatively to solve problems. Be prepared to demonstrate your critical thinking and creativity in your case studies and technical interviews. 

 

6. Be able to work under pressure.  

Investment banking interviews are designed to put you under pressure. Be prepared to work quickly and efficiently to answer case studies and technical questions. 

 

7. Be confident.  

Confidence is key in investment banking interviews. Project confidence in your answers and your ability to solve problems. 

 

8. Be prepared to ask questions.  

At the end of the interview, you will likely have the opportunity to ask the interviewer questions. This is a great opportunity to learn more about the investment bank and the role. Be prepared to ask thoughtful questions that demonstrate your interest in the investment bank and the role. 

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9. Dress professionally. 

First impressions matter. Dress professionally for your case studies and technical interviews. 

 

10. Arrive early.  

Arrive early for your case studies and technical interviews. This shows that you are respectful of the interviewer's time and that you are serious about the interview. 

 

When to Consider These Tips 

These tips are useful for all candidates who are preparing for case studies and technical interviews in investment banking. However, there are a few specific scenarios where these tips are especially important: 

  • If you are new to investment banking: If you are new to investment banking, it is especially important to practice answering case studies and technical questions. You should also be prepared to explain your thought process and assumptions to the interviewer. 

  • If you are interviewing for a competitive role: Investment banking is a competitive industry, and many roles are highly competitive. If you are interviewing for a competitive role, it is especially important to be prepared for case studies and technical interviews. 

  • If you have a non-traditional background: If you have a non-traditional background for investment banking, such as a degree in a non-financial field, it is especially important to be prepared for case studies and technical interviews. You should be prepared to demonstrate your skills and knowledge in the interview. 

 

Conclusion 

By following these tips, you can increase your chances of success in investment banking case studies and technical interviews. To find out how Circle Square can help you secure your dream Investment Banking, PE, VC or Corporate Development role please call us on 020749 20700. 
 

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