Was asked to drop in for an interview with an investment manager but was interviewed by 2 office administrators and a 1st year analyst or intern. Was told to wait for investment manager to arrive but never came. Unprofessional handling of interviewee
Interview questions [1]
Question 1
Tell me about yourself
Why are you joining
What's expected salary
First round modelling test - DCF
Pretty standard model though you have to build a full fledged balance sheet (not too hard). All the assumptions are given so it's really just about putting the mechanics together in one hour. Don't even need to know the WACC formula. Just linking everything. Most of the materials found online and practice are good enough to succeed
Interview questions [1]
Question 1
On top of modelling they have 3 questions
- What is the difference between Equity and Enterprise value
- Should we invest in this company
Sent an intern and 2 office managers to interview me for a private equity associate role. Intern left shaking her head to indicate I was not good enough. Left with head held high