fundamentals
Valuation Interview Questions for Investment Banking
17 valuation interview questions asked in IB interviews covering DCF, comps, precedent transactions, and EV vs equity value, with model answers.
Pillar Hub
Investment Banking Interview Prep
Technical, behavioral, and firm-specific guides for IB recruiting: DCF, LBO, and merger models, valuation and accounting questions, HireVue prep, and Houlihan Lokey and Lazard walkthroughs.
Best for candidates recruiting for investment banking roles.
Recommended reading order
fundamentals
DCF Model: Step-by-Step Guide to Building One
A DCF model forecasts free cash flow, discounts it at WACC, and adds terminal value. Build one step by step with formulas, a model table, and checks.
fundamentals
LBO Model Explained: How to Build One Step by Step
LBO model explained: how sources and uses, the debt schedule, cash sweep, operating projections, and exit returns fit together, built in the real build order.
fundamentals
LBO Interview Questions: 15 Q&As With Model Answers
LBO interview questions ranked by frequency, with model answers: what is an LBO, ideal candidates, return drivers, IRR/MOIC rules, debt tranches, cash sweep.
fundamentals
Merger Model Interview Questions: 18 Real Examples
Merger model interview questions cover accretion, financing cost, and goodwill. Get 18 real M&A questions with concise model answers and a worked example.
fundamentals
Investment Banking Accounting Interview Questions & Answers
17 accounting interview questions asked in IB interviews, from the $10-of-depreciation walkthrough to deferred taxes, with tight model answers for each.
recruiting
Investment Banking Behavioral Interview Questions: Full Hub
20 investment banking behavioral interview questions grouped by theme, with STAR-method guidance and a 20/10/60/10 time split for every answer.
recruiting
Investment Banking HireVue Questions: Format, Prep & Examples
Investment banking HireVue questions explained: which banks use it, prep and response times, real question examples, and how to prep in a week.
firm specific
Houlihan Lokey Interview Questions: Full Prep Guide
Houlihan Lokey interview questions: the two-round process, distressed and restructuring technicals, leverage math, and how to answer why this office.
firm specific
Lazard Interview Questions: Full Prep Guide
Lazard interview questions and process: HireVue, phone screen, superday rounds, advisory-pure technicals, restructuring math, and why Lazard.
Next step
Use this hub as your weekly sequence. Read one guide, run one practice case, then track your gaps with an assessment.
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