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投行面试后的血泪教训:不是面试官太套路,而是我没有背答案…

2017-10-26 留学生求职


前几天有的面试投行的同学说

之前看到过高盛花旗的历年面试题

瞥了一眼觉得自己完全能够临场发挥

可是万万没想到

这是人生三大错觉之一

到了面试现场就完全懵逼


今天留学生求职就整理了

投行高频面试题目类型以及解题思路

还有不同投行不同岗位的面试真题

希望下一个面试投行的同学

走通了面试官的套路


面试套路以及回答模板


1Why this firm? 


几乎每次面试都会有这个问题,通常出现在HR电话面试中。这个问题是为了考察你有没有进行研究,面试官希望你了解你是否符合公司的价值和文化


获得信息的最佳方式就是在公司的官网上查看他们的公司发展历史,文化理念。或者联系校友或公司内在人员,问问他们公司文化的独特性所在,并且用在面试中。


Response Example

In talking to a number of people at your bank, I get the sense that your culture is what really distinguishes it from its competitors. While this firm provides top-notch service and competes with all the major firms, those I have spoken with say it maintains a boutique feel. This allows for smaller deal teams, which will give me more responsibility and—I hope—more exposure to live deals. Additionally, as many hours as are worked in finance, I think one of the most important things is to get along with your colleagues. All those I spoke with here said they respect their colleagues and are friends with them both in and out of the office. 


2What are your strengths? 


这些强项最好要和你申请的岗位对口分点来答每一项能力之后要有案例支持。你可以说:“比如说,有一次……”这样的话你可以开始你的故事。提供一个例子,证明你作为数理分析员所应该具有的分析能力,沟通能力,能迅速学习的能力,对细节非常看重的能力。


Response Example

As you can probably tell from my resume, I have strong quantitative skills and performed well in school. However, I think one of my greatest strengths is vital for finance but not necessarily something that can be documented. That is my ability to learn quickly. At my internship last summer, I was brought into the office by my boss, given an old version of an Excel model and a list of variables he wanted to be able to tweak, and told to go rebuild the model from scratch. At the time, I had no previous modeling experience, no training, and no idea what I was doing. I knew my boss didn’t have time to hold my hand through the process so I had to teach myself. I bought a book and used Internet resources to learn how to rebuild the model to my boss’s specifications, in a very short amount of time. My boss was amazed at the quality of the model, and it is now being used for his analysis and in presentations to clients. 


3What is the biggest challenge you have faced overcome in work?


这确实是很难回答的问题,有的同学没有实习经验或者一路有贵人相助,一时间根本想不出有遇到过什么困难,那么就会给面试官一种你没有能力,没有经验的印象。这个时候就联系自己的生活校园中的活动,从细节入手,在活动中说出你的收获和成长,并可以为以后的工作带来什么益处


Response Example

The biggest obstacle I have had to overcome was paying for college. I managed to do it in a combination of ways. Initially, I took out student loans, but then I began paying my tuition in cash and paying off some of my student debt early. I’ve waited tables several nights a week throughout all my college years, and I now work at a very popular restaurant, which pays me pretty well on a consistent basis. However, what I have most enjoyed doing to support myself is graphic design. In high school, I was into art and photography and my graphic design skills are pretty strong. When I began my business education, I didn’t have time for those types of classes, and I missed it. However, I have been able to earn extra money developing logos, letterhead, business cards, and presentations for student start-ups as well as some local businesses. All of this extra work has helped me to pay for a good portion of my college costs. 


4

What role do you like to take in a team situation? 


考验你团队精神的时候到了,谈论一些你曾经的参与过的项目证明你在两个角色都可以做得很好。或者谈论一些团队合作技巧(沟通能力,协作技巧等)这些沟通技巧是如何在作为领导者以及作为组员中发挥作用。


Response Example

I’m comfortable leading a team or taking instructions from another leader. When the leadership isn’t appointed, I think it’s useful to consider my teammates’ concerns and preferences. In one of my classes last year, I was placed in a group where nobody was confident about the subject matter, so they all kind of shied away from taking responsibility. In that particular group, I thought I could help by taking initiative, so I stepped up to coordinate the group’s assignments. In another group situation, where one student was insisting on taking charge, I was happy to support him. He was able to communicate his ideas and organize a plan, which allowed the rest of us to deliver our tasks on time with high quality. Overall, I think the quality of leadership is more important than who provides it, and most important of all is the quality of the team’s work. Since every situation presents a unique set of personalities, it’s important to read those personalities and identify how you best fit into the group dynamic. 


5

What do you see as your weaknesses as an employee? 


中国面试官往往用这个提问来衡量申请人是否有自知之明或者开诚布公的勇气,外国面试官则往往更加注重这个问题的“后续问题”——你将如何避免因自己的缺点而影响工作质量


这个问题可大可小,千万不能较真,可以说大家共有的通病,例如:对于自己感兴趣的话题或者领域,会非常喜欢讨论,甚至有点爱出风头。但是见到了更多的大牛,就明白了山外有人,我需要学习的更多。


Response Example

Well, maybe my weakness sounds a little bit strange to you. I think my weakness is that I talk too much. I like to express my opinions. My classmates say I am bossy and like to show off. I’ve also noticed that I don’t listen enough because I am talking too much. So I write down a reminder on my notebook, “Listen more, speak less.” But interestingly enough, even when I feel I am speaking little my co-workers still pat my shoulder and say, “Susan, you are an active person!” The “talker” impression doesn’t go away easily.


7

Do you have any question?


这个问题也几乎是每家公司都要问的,千万不要不说话!(最怕空气突然的安静),都进行到面试了,下一步基本就是拿offer,但是你需要了解的问题还是很多。员工培训员工晋升(大概几年晋升到什么岗位,部门的体系)、员工福利(除了基本工资,还有什么其他福利)等方面的问题。




除了以上通问的面试问题之外,还有不同投行的不同岗位曾经的面试真题。


不同岗位的面试问题


Goldman Sachs


Internship, M&A

  • Walk me through an LBO analysis.请解释LBO分析。

  • What factors can lead to the dilution of EPS in an acquisition?什么因素导致收购中每股收益的稀释?

  • If you are in a business what wants to preserve cash, what type of inventory accounting method would you use (LIFO or FIFO) in a time of rising prices, and why?如果你在的企业想要保留现金,那么你在价格上涨时会使用说明类型的货存核算方式?

  • What is Minority Interest and why do we add it in the Enterprise Value formula?什么是少数股东权益?为什么把它添加到企业价值的公式中?

  • Briefly walk me though a discounted cash flow analysis. (Including WACC)简单解释一下贴现现金流分析。

  • Why can’t you use EV/Earning s or Price/EBITDA as valuation metrics?为什么不能使用EV/Earning或Price/EBITDA作为估值标志?

  • What are your skills? What would they be applicable?你最好的技能是什么?为什么它们适用?

  • Estimate the value of the tie industry in the UK.估算一下英国领带产业的价值。

  • Who is the most famous and influential person you would like to meet and why?谁是你最想遇见的有影响力的名人?


Graduate position, securities

When you heat a sausage in the microwave, the tear is always lengthwise. Why is that?在微波炉加热香肠,为什么其汁液总是纵向流向。


Barclay`s Investment Bank 


Graduate position, trading

  • How many footballs would fit into this room?这个房间能放下多少足球?

  • Why did you choose to pursue a career in banking?为什么选择投身银行业?

  • If you were advising a client, would you advise them to short or long shares in our company at the moment?若你给一个客户提供建议,你会建议投资我们公司的股票是长期持股还是短期持股?


Internship, technology division

  • Why do bubbles not appear when sparkling water is closed?为什么关闭气泡水的时候没有泡沫出现?

  • Why, in this glass do the bubbles in the water sit at the bottom?为什么这个玻璃瓶中的气泡出现在水的底部?

  • Tell me about your personal morals.说说你的个人道德观。


Internship, trading and structuring

  • What’s 1/7 expressed as a decimal?用十进制怎么表示1/7?

  • What is VaR? What are its advantages and disadvantages?什么是风险价值?它的优缺点是什么?


Internship, operations

  • Tell me about Barclays?谈谈巴克莱。

  • Tell me a weakness of yours.告诉我一个你的缺点。

  • Explain a time when you coped with working in a ‘difficult’ team environment, such as where you didn't get on with members of your team.举个说明你应对不和谐团队的例子,例如你和团队相处不是很融洽。


Graduate position IBD

  • How many lightbulbs are there in the UK?英国有多少灯泡?

  • How would you invest £1,000,000?你会怎么投资100万英镑?

  • What have you done to prove your leadership skills?举个例子证明你的领导能力。


Bank of American


Summer analyst position, M&A

  • If I buy new property plant and equipment(PP&E) for $10m ($5m cash and $5m debt), what will happen to balance sheet and cash flow?若花1000万美元购买新的物业厂房和设备,支付500万美元现金和借债500万美元,我的资产负债流和现金流会有什么变化?

  • Who will pay more for an acquisition, a strategic buyer or financial, and why?战略投资者和金融家,谁在收购中会付出更多,为什么?

  • How do you ensure you meet delivery deadlines?如何保证满足交货期限?

  • Have you ever failed to meet delivery deadlines?是否曾经无法满足交货期限?

  • What’s the difference between Left Outer Join and Right Outer Join?左外链接和右外链接的区别是什么?

  • Explain 3 features of Object Oriented Programming. 请解释Object Oriented Programming的3种功能。


除了专业技能的问题

其他的都是我们今天所讲的高频面试问题

还有之前的Branteaser

(干货传送门:在80%会考的Brainteaser面前,我宛如一个智障…)

关于更多投行面试的问题

警长早就备好了的礼包

帮助同学们过关斩将,拿到offer


投行面试大礼包


1

投行的面试回答技巧

包括投行具体会问的问题以及答案

面试有什么技巧,怎么和面试官谈计划,谈薪资


2

150+的Brainteasers

100个Brainteasers Question & Answers

50+Brainteasers真题训练



投行面试福利领取方式

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