Introduction | Interviewing | M&A Guide | Valuations | Resources | Classes

• Draw CML and SML 
• What is WC? 
• What is CAPM 
• Define B 
• What are the limitations of B 
• What are the assumptions of CAPM? 
• Define reward to risk ratio 
• Write formula for WACC 
• Define Sharpe ratio 
• Show how to lever and unlever B 
• Draw the yield curve 
• Define duration 
• Show how convexity impacts a bonds price to yield relationship 
• Write formula for Black Scholes 
• Discuss different treatment for different securities (e.g AFS) 
• Discuss how minority active, passive and majority active are handled 
• What is a carve out, spin off and split off 
• What is acretive and dilutive - give an example 
• Go over a cash flow statement 
• What are some liquidity/leverage ratios? 
• How do you go from NI to cash flow? FCF and FCFE? 
• How do you value a company? 
• If you know a company's P/E, what is its ROE?
• Where do DTL's come from? Give an example.

General Other

• What did Dow, S&P and Nasdaq close at yesterday? 
• What is the Fed Funds rate? 
• What is the discount rate? 
• When does the Fed meet next? 
• What is the 30 year bond yield? 
• What is the yield on all other bonds? 
• What is the $/Yen? 
• Where are the markets going?
• What did the markets do last week and why? 
• What have the markets been doing this week and why? 
• What are three major news items related to the industry in which you are interested? What is the most interesting article you read in the WSJ of late? 
• What was in the Journal today? 
• What business publications do you read? What interesting articles have you read in those
  publications of late?
• What activities have you participated in college and undergrad 
• What multiples are used in the industry in which you are interested? 
• Tell me about a recent IPO you have followed 
• Describe a recent M&A you have read about - what were the reasons that they merged 
• Big Picture Pitches you MUST practice
• Why do you want to do I-Banking? Challenge, visibility, opportunity to work with the best
• What skills does investment banking require - what in your background shows you can do it?
• Intelligence, initiative, communication skills, attention to detail, teamwork
• What do I-Banks do? I Banks provide act as financial consultants and on a range of issues including M&A, restructuring and capital raising activities. Once a course of action is decided the Bank then executes the strategy by underwriting securities, etc
• In which industry/ies do you wish to focus? 

Specific Company

• Why Bank XX 
• Compare Bank XX and Bank YY 
• What is the market cap, current price, 52 week high and 52 week low, and expected EPS and next earnings date for Bank XX? 
• Name 3 major news items related to Bank XX in the last 2 mo's 
• What is Bank XX known for? 
• Who are Bank XX's competitors?
• What is the structure of Bank XX?
• Who is the CEO of company XX??
• Think about what questions will you ask!!!