Comments on: Investment Banking Fit Questions: How to Use the Rule of 3 for Quick and Efficient Prep https://mergersandinquisitions.com/investment-banking-fit-questions/ Discover How to Get Into Investment Banking Tue, 13 Feb 2024 05:26:13 +0000 hourly 1 https://wordpress.org/?v=6.5.5 By: M&I - Brian https://mergersandinquisitions.com/investment-banking-fit-questions/#comment-754249 Thu, 28 Jul 2022 18:31:14 +0000 https://www.mergersandinquisitions.com/?p=25912#comment-754249 In reply to Dimitri.

I would answer this by saying, “I am focused on IB roles, and it is definitely my top choice. That said, I am applying to a few other deal and M&A-related roles as backup options, but I’m spending almost all my time and energy on IB applications.”

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By: Dimitri https://mergersandinquisitions.com/investment-banking-fit-questions/#comment-754227 Thu, 28 Jul 2022 16:51:35 +0000 https://www.mergersandinquisitions.com/?p=25912#comment-754227 Brian,

In the article you state:

“Everything else will be a “common sense” question (“Are you just applying to investment banking roles?”) or a question about your understanding of the industry.”

Maybe I lack common sense, but what is the best answer to this question? I was recently asked this in an IB interview and I said I’ve also been interviewing for other roles as backups, including Credit Analyst roles (since I currently work in commercial lending) and an M&A T.A.S. Analyst role at an accounting firm.

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By: M&I - Brian https://mergersandinquisitions.com/investment-banking-fit-questions/#comment-740561 Wed, 27 Apr 2022 22:07:17 +0000 https://www.mergersandinquisitions.com/?p=25912#comment-740561 In reply to Matt.

That’s not a good weakness because you usually don’t want to discuss medical/drug issues in interviews. You normally want to cite something that is linked to your personality and not external factors.

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By: Matt https://mergersandinquisitions.com/investment-banking-fit-questions/#comment-740077 Sun, 24 Apr 2022 19:23:35 +0000 https://www.mergersandinquisitions.com/?p=25912#comment-740077 When asked about my perceived weaknesses, should I mention that at the end of my undergrad (I am currently in a master’s program) I overloaded myself with too much work and got to a point where I had to take sleeping pills to sleep because I was too stressed?
That’s a true story and I believe is not completely negative since shows perseverance and hard-work, but I am worried that it might be too personal. What do you think?

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By: M&I - Brian https://mergersandinquisitions.com/investment-banking-fit-questions/#comment-727538 Wed, 03 Mar 2021 15:27:57 +0000 https://www.mergersandinquisitions.com/?p=25912#comment-727538 In reply to TR.

If the deals are small, find larger deals with more information done by the other offices.

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By: TR https://mergersandinquisitions.com/investment-banking-fit-questions/#comment-727504 Tue, 02 Mar 2021 20:53:02 +0000 https://www.mergersandinquisitions.com/?p=25912#comment-727504 Hi Brian – Great article as always!

Have an IB interview soon. If the firm’s office that I’m applying to doesn’t have deals that are big enough to disclose financials (they work on deals between $100mm and $1Bn and are usually PE funds or private companies buying out other companies) should I focus on looking for the details of those deals or could I potentially use a deal in a tangentially related industry done by one of their other offices?

Thank you!

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By: M&I - Brian https://mergersandinquisitions.com/investment-banking-fit-questions/#comment-726363 Thu, 14 Jan 2021 01:10:13 +0000 https://www.mergersandinquisitions.com/?p=25912#comment-726363 In reply to Christina.

Your actual story can be longer than 30 seconds, but you should have a “quick version” that is about that long.

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By: Christina https://mergersandinquisitions.com/investment-banking-fit-questions/#comment-726317 Tue, 12 Jan 2021 23:52:15 +0000 https://www.mergersandinquisitions.com/?p=25912#comment-726317 Thanks for the great post again!
I am wondering, by “Aim for 30 seconds (~75 words) in your initial description of each story”, are you saying that we should finish our story within 30 seconds?

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By: M&I - Brian https://mergersandinquisitions.com/investment-banking-fit-questions/#comment-720997 Mon, 18 May 2020 14:47:56 +0000 https://www.mergersandinquisitions.com/?p=25912#comment-720997 In reply to Brunno Munkeviz.

I would not use that as a weakness. It’s better to talk about something more general, such as one of the ones mentioned here. You don’t really want to go into a job where they’re already skeptical of your finance knowledge and then admit that they should be skeptical.

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By: Brunno Munkeviz https://mergersandinquisitions.com/investment-banking-fit-questions/#comment-720952 Thu, 14 May 2020 13:03:20 +0000 https://www.mergersandinquisitions.com/?p=25912#comment-720952 Dear Brian,
In the ” What are your weakenss?” question can I point out one of the real weakness the interviewer already know that I have?
For exemple, I am an engineering student and in this question I was wondering if I could say something like: ” Since I have done engineering school, all I’ve learned about finance was by myself and I’ve used it very little in university” or even something like: ” My weakness is that, since I am an engineering student, I don’t know as much business and economics concepts as a business student”

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