How do you calculate free cash flow? at characteristics in a company do you look for for a good LBO candidate?

Explain minority interest and why you have to incorporate it. What is the most important financial statement? describe your accounting courses in depth

alk me through your CV Answer Question What are your main activities in your current job? Answer Question Walk me through a DCF Answer Question Do you think you are a leader? Please demonstrate a scenario showing your leadership

how does depreciation+100 affect three statements? how to value a private company View Answers (2) what are the three valuation methods, what are the pros/cons of each? View Answer

edit Suisse interview question one: What are your views on Greece?
Point of question: This question determines whether you have kept up to date with the financial news, which is ever-changing with regards to Greece. The most impressive candidates will be the ones who have managed to formulate their own opinion on the news. How to approach: The European Union leaders and European Central Bank have, of course, been attempting to resolve the Euro crisis for some time. It may well be that Greece could be substituted for Spain, Portugal, Ireland, Italy or others in this question. The key is to stay up to date with the news and to develop your own opinions on what the issues are and what the best solutions would be. Does your reasoning have a sound base? Have Credit Suisse themselves said anything on the issue? Potential follow-up question: If you could, what would you recommend as the best course of action to resolve Europes problems?

Credit Suisse interview question two: If you had to choose one place, where would you invest your money right now?
Point of question: Another commercial awareness question, this will usually be asked to those looking to operate on the trading desks. Once again, the best candidates will be those who can demonstrate an understanding and have their own view of current market volatilities. How to approach: Markets can be unpredictable. You will be placing trades for your clients, or advising them on where to place those trades what analysis would you want to see if you were in their position? How can someone trust that youve researched the right areas? Can you prove that you have an idea of where to do your research for your answer? Potential follow-up question: If that option was closed to you, where else would you invest?

Credit Suisse interview question three: If you were working in a team and one or more of your teammates was not up to par with their performance, how would you address it?
Point of question: Tact is an important skill to have, and when tensions are running high this can be even more important. Teams generally work better when morale is good, so this question is to ascertain whether you subscribe to that principle. How to approach: Trade websites such as managementtoday.co.uk are directed at managers, or managers of the future, and discuss psychological approaches to management and best practice in various situations. Most Sunday broadsheet newspapers also have articles on business management. These would be a good place to start your research (though you dont need to go into too much depth). Think, also, about the culture at Credit Suisse. As a Swiss bank in origin, are its operations in the UK any different to its Swiss model, or are there certain working practices between the two that you can focus on? Potential follow-up question: What would you do if someone came to you and said that you were not up to par in your own performance?

Credit Suisse interview question four: What's the hardest job you've had and why?
Point of question: A job can be hard for many different reasons motivation, a steep learning curve, poor team morale, anything is valid. However, you must be able to explain this in the right context. How to approach: Dont focus too heavily on what was hard, but instead emphasise how you overcame the problem. Some people find previous jobs difficult because they disagreed with their boss this is fine to say, but its very easy to trip yourself up and come across as a difficult employee. Credit Suisse are looking for someone who can take challenges in their stride and overcome them, not someone who has a chip on their shoulder. Phrasing is key. Be succinct and, whatever you do, dont bad-mouth anyone! Potential follow-up question: Was there anything about that job that you would definitely never want to do again?

Credit Suisse interview question five: Tell me a time when you had to deal with a new situation and you had little information to work with
Point of question: As a graduate analyst, research comes with the territory. However, you may find that a client wants advice immediately when you only have certain pieces of the puzzle available. Are you able to serve your client to the best of your abilities despite the limitations of the information available to you? How to approach: When you come to work for Credit Suisse, youll have to consider a number of different factors in certain situations. Is it ethical to provide advice at this stage? Can you provide the client with a definite answer, or do you need to tell them the current situation and inform them which way/s things could go? The example/s that you use should address these sorts of issues. Potential follow-up question: Going over that example again, if you had the chance, what would you do differently?

Credit Suisse interview question six: Why investment banking? Why Credit Suisse?

Point of question: Its easy to slip up by giving a generic answer to these questions. Theyre not easy questions you need to give a very specific answer that demonstrates your research and matches your skills to the sector and to Credit Suisse. How to approach: Take the initiative and present your research to Credit Suisse assessors. Do not repeat what you have read in a word-for-word manner: this will sound rehearsed. What is it about Credit Suisses structure and the way in which it conducts its business that appeals to you? Why is it more attractive than its competitors? Potential follow-up question: What makes us stand out for you personally ahead of our competitors?

requently Asked Interview Questions Questions to determine fit 1. Why do you want to be an investment banker? 2. Why do you want to work for our bank? 3. Walk me through your resume explaining why you made the choices you did in the past. 4. What characteristics do you have that will make you a good banker? 5. What differentiates you from the other qualified candidates we are looking at today? 6. Tell us about three of your strengths and three of your weaknesses. 7. What is the biggest challenge that you have had to overcome? 8. If for some reason you could not do i-banking, what would be your second career choice? 9. What are your three biggest achievements? 10. Give us an example of a failure/setback youve experienced and how youve handled it/what you learned from it. 11. Suppose you get an internship and at the end of the summer you are not hired? Why could this happen?

12. Which other banks are you talking to? Why are you interested in those banks? 13. If you were building a team, what kind of people would you want on it? 14. What motivates you? 15. Tell me something that is not on your resume that will make you a good candidate for this job. 16. What three adjectives would your peers/superiors/subordinates use to describe you? 17. What is the greatest risk we face in hiring you? 18. What are your greatest team and personal achievements? 19. Describe your leadership style. 20. Describe a team situation in which things did not work out as planned and what you did about it. 21. Why did you go to Michigan if you want to work on Wall Street? 22. What other B-schools did you apply to and get in? 23. Do your grades reflect your abilities? 24. What other types of jobs are you interviewing for and why? 25. What other investment banks are you interviewing with? If you got offers from all of them, where would you go? 26. How do you know you will be able to handle the hours required of an investment banker? 27. Do you consider yourself a risk-taker? 28. What is your greatest accomplishment? 29. Tell me about something creative that youve done. 30. What have you done to learn about investment banking? 31. What are your undergraduate GPA, GMAT and SAT scores?

32. What are your class by class b-school grades? 5 July 2013

33. What kind of skills do investment bankers need? 34. With what other bankers have you spoken from this bank? 35. What product or industry groups are interested in working with? 36. How well do you function under pressure? 37. Why do you want to work on Wall Street? Technical questions 1. What type of a company would be a good candidate for an LBO? 2. What are the two largest ways companies can play with their earnings? 3. How does Net Income flow into the Balance Sheet, Income Statement, and Statement of Cash Flows? 4. Describe how to value a privately-held company. 5. Describe four valuation methods. 6. Walk me through a DCF. 7. Walk me through an LBO model. 8. Comparable company vs. precedent transactions. 9. How would you describe cost of capital to a non-finance person? 10. Define beta for a non-finance person. 11. What kind of financial modeling have you done in the past? 12. How would you calculate WACC/discount rate? 13. General market questions, Global market questions

14. Firm-Specific questions (recent deals, large deals, etc)