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Investment Banking

Investment banking interview questions

Investment banking interviews test whether you can explain financial statements, valuation and transaction mechanics clearly under time pressure. Start with the accounting foundations, then build through valuation, merger consequences and leveraged buyouts.

How to prepare

  1. 1Master the three financial statements before moving into valuation.
  2. 2Practise explaining enterprise value, equity value, DCF and comparable companies without notes.
  3. 3Use M&A, accretion/dilution and LBO questions to connect the individual mechanics into a transaction answer.

Questions to practise

285 questions

Frequently asked questions

What technical questions are asked in investment banking interviews?

Core topics include the three financial statements, enterprise value, DCF, comparable companies, precedent transactions, M&A, accretion/dilution and LBOs.

How should I prepare for an investment banking technical interview?

Learn the concepts in sequence, practise explaining them out loud, and then answer mixed questions that require you to connect accounting, valuation and deal mechanics.