Landing a job in investment banking is extremely competitive, with banks only hiring the very best candidates. As such, the interview process is notoriously difficult, with candidates needing to demonstrate exceptional financial knowledge, modeling skills, and communication abilities. The 400 investment banking interview questions and answers, compiled by professionals with real interview experience, provide an invaluable resource for aspiring bankers. By studying these questions, you can gain key insights into the types of technical and behavioral questions asked, brush up on essential concepts, and enter your interviews fully prepared. With practice using these 400 questions as a guide, you will ace the toughest investment banking interviews and launch your dream career.
The 400 questions cover all key technical concepts tested in investment banking interviews
The 400 investment banking interview questions delve into the most important technical topics assessed during bank interviews, including accounting, valuation, financial modeling, mergers and acquisitions, leveraged buyouts, equity and debt capital markets, derivatives, and more. By working through the questions, you will solidify your foundational knowledge of disciplines like the 3 financial statements, DCF, comparables, M&A analysis, LBO modeling, ratios, corporate finance concepts, Excel shortcuts, and technical question frameworks. The depth and breadth of questions on all critical finance, accounting, and modeling topics ensures you identify and fill any knowledge gaps.
The questions and answers format allows targeted practice of your weakest areas
What makes the 400 investment banking interview questions so valuable is the question-and-answer format. For each question, detailed explanations and step-by-step solutions are provided. This allows you to easily identify your weakest topics and focus practice where you need it most. Rather than broadly reading textbooks, you can use the Q&A structure to directly test your capabilities in financial statement analysis, valuation, accounting, merger models and more. Targeted practice equips you to confidently answer even the most difficult technical questions.
The questions cover all the key behavioral and fit interview questions asked by banks
In addition to technical ability, investment banks also carefully assess candidates’ communication skills, leadership, culture fit and more. This well-rounded interview prep guide includes critical behavioral questions on your resume walkthrough, background, strengths/weaknesses, individual deal or project experience, teamwork examples, challenging situations faced, and motivation for banking. By practicing responses using real interview examples, you will naturally highlight your unique strengths while positioning yourself as a mature, intelligent and driven candidate.
Studying the 400 questions prepares you for interviews at all major investment banks
Whether interviewing at Goldman Sachs, J.P. Morgan, Morgan Stanley, Bank of America, Citi, Credit Suisse or boutiques like Evercore and Lazard, these 400 questions cover everything needed to ace even the most rigorous bank interviews. There are no bank-specific tricks or shortcuts; success depends on in-depth knowledge across accounting, finance, modeling, transactions, markets and more. Using this comprehensive question bank ensures you develop expertise across all core technical and behavioral competencies required to land offers and succeed in investment banking.
The 400 investment banking interview questions and answers provide unmatched preparation by identifying knowledge gaps, facilitating targeted practice, and fully preparing candidates for the most challenging interviews. Studying these questions will give aspiring bankers the technical and behavioral mastery required to launch rewarding careers at the world’s top investment banks.