Finance interview answers, ready to practice
Drill IB, PE, and hedge fund questions with structured answers, follow-ups, and CTAs into the prep track that matches your recruiting process.
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Walk me through a DCF
Lay out a clean flow from projecting cash flows through to deriving equity value per share.
$10 depreciation impact
Show how a non-cash depreciation change flows through the three statements.
Accretion/dilution analysis
Compare the buyer’s pro forma EPS to standalone EPS after a deal including synergies and financing.
How to calculate WACC
Describe the weighted average cost of capital inputs and when to adjust them.
Enterprise vs. equity value
Bridge between enterprise value and equity value using debt, cash, and non-core items.
Walk me through an LBO
Explain how a financial sponsor buys, capitalizes, and exits a company to target returns.
LBO return drivers
Rank the components of MOIC/IRR and when each dominates the outcome.
PIK interest
Explain how payment-in-kind interest works and where it shows up in the statements.
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