Accounting/Finance Interview Questions Untitled Document LMU CDS



Accounting/Finance Interview Questions

100% Guaranteed Questions

  • Walk me through your resume.
  • Why Investment Banking / Sales & Trading / Private Client Services?
  • How do you value a company (particular to investment banking)?
  • What were your fall term grades? Why didn't you do better in ........ class?
  • What qualities do you think are important for this industry? Do you possess those qualities?
  • What do you do for fun?
  • With what other firms are you interviewing? Are you also interviewing with consulting firms or for opportunities outside Investment Banking / Sales & Trading / PCS?
  • If I gave you an offer right now would you accept?
  • Rank the firms with whom you're interviewing in order of preference.
  • What questions do you have for me?

Personal Goals & Accomplishments
  • What made you choose your undergraduate school? Why did you major in.....?
  • To what other business schools did you apply? Which ones accepted you?
  • What was your favorite class so far?
  • What are your 5-20 year career plans?
  • What is your proudest accomplishment? What is your most challenging personal experience?
  • Tell me about a time when you led a team or took responsibility either at school or in your prior job?
  • How do you work in teams? How do you handle a non-contributing team member? What do you add to a group when you take on a team assignment or group task?
  • Describe a failure. What did you learn from it?
  • How do you handle stress?
  • Tell me a joke.

Financial Questions
  • Why would two companies merge? What major factors drive mergers and acquisitions?
  • Why might a company choose debt over equity financing?
  • Where is our firm's stock trading?
  • Where is the Dow Jones today? S&P? NASDAQ? 20-year or 30-year T-Bonds?
  • Where do you think interest rates will be 2 year from now?
  • Where is the market going?
  • Tell me three items on the front page of today's Wall Street Journal.
  • Do you personally invest in stocks? Which ones? Why?

Accounting Questions
  • Walk me through a typical cash flow statement, balance sheet, or income statement.
  • What is EBITDA?
  • Company X's net income is ___; how do I compute their cash flow?
  • What is goodwill? How does it effect net income?
  • Why would a company choose pooling over purchase accounting?
  • What is working capital?
  • What are deferred taxes?

General Questions
  • How does your past career qualify you for a position in investment banking / sales & trading / PCS?
  • What do you hope to accomplish this summer?
  • Rank the firms on Wall Street. Where do you fit? Who is our competition? What differentiates our firm?
  • Describe a typical day for a full-time associate.
  • What is your greatest concern about Investment Banking / our firm?