How a first-round actually runs and the full range of technicals you get tested on.
The order a first-round IB interview almost always runs in, and the hard truth underneath it: at the analyst level the technicals are what decide it. Ace the fit half and bomb the technicals and it is usually a no-go, and here is why.
4 min read
The technical universe of a first-round IB interview is smaller than it feels. It comes down to six areas: accounting, enterprise vs equity value, DCF, the three valuation methods, accretion / dilution, and the paper LBO. Here is the map, with a lesson on each.