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.”
]]>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.
]]>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.
]]>If the deals are small, find larger deals with more information done by the other offices.
]]>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!
]]>Your actual story can be longer than 30 seconds, but you should have a “quick version” that is about that long.
]]>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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