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Banque Nationale du Canada/National Bank of Canada Investment Banker / M&A Analyst Interview Questions
& Process

Real candidates share what happened, how many rounds they had,
and how the experience turned out.

Based on 13 interview experiences · FREE TO READ

2.1 Rounds average
Average Typical difficulty
46.2% Positive experience

Candidate interview experiences

First-hand accounts from people who interviewed at Banque Nationale du Canada/National Bank of Canada.

Showing 3 of 13
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Banque Nationale du Canada/National Bank of Canada

Investment Banking Analyst

Finance · nearly a year ago

Entry Difficult Neutral experience No offer 1 round
Interview process
Recruiter call Phone screen
Interview formats
Technical Behavioral

About a month after applying, I got a call about an interview. It was a quick one, they asked some basic questions. I think they don't hire off-cycle much unless you're a perfect fit, even though I did well on the technical parts like stock pitch, deal pitch, DCF walkthrough, and accretion dilution.

Confirmed questions0 questions

No confirmed questions were included in this interview report.

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Banque Nationale du Canada/National Bank of Canada

Investment Banking Associate

Finance

Mid Average Positive experience No offer 1 round
Interview process
Recruiter call Technical screen Presentation Background check
Interview formats
Behavioral Technical Presentation

You'll start with a recruiter call where you'll talk about your education and career, especially your history with the firm. Then, there's a part where you introduce yourself and walk through your resume, with a big focus on your education and past work experience. After that, you'll get hit with technical questions about valuation methods and accounting stuff. You'll also need to pitch a stock or industry, either bullish or bearish, and really sell why you picked it over others. There will be some behavioral questions too. Finally, you get a chance to ask the recruiter some questions.

Confirmed questions1 question
  • Could a company ever have a negative cash conversion cycle, and if so, how?
Banque Nationale du Canada/National Bank of Canada logo
Banque Nationale du Canada/National Bank of Canada

Investment Banking Analyst

Finance

Intern Average Neutral experience No offer 1 round
Interview process
Recruiter call Technical screen Presentation
Interview formats
Behavioral Technical Presentation

It was a 1-hour interview with 2 people for 30 minutes each. They asked about fit, technical questions, and to pitch a stock or recent M&A. I prepped for the technical part with Wall Street Prep.

Confirmed questions1 question
  • Can you pitch a stock for me?

Banque Nationale du Canada/National Bank of Canada Investment Banker / M&A Analyst Interview Questions

Quoted word for word from Banque Nationale du Canada/National Bank of Canada interview reports.

Considering a house where you put down $200K in equity and got a $600K mortgage, what would be the equity and enterprise value?

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Could a company ever have a negative cash conversion cycle, and if so, how?

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Could you explain the three main financial statements?

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Can you explain a Discounted Cash Flow (DCF) analysis?

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Formats, difficulty and experience

Across all 13 Banque Nationale du Canada/National Bank of Canada interview reports.

Interview formats

Technical 46.4%
Behavioral 46.4%
Presentation 7.1%

Interview difficulty

Easy 7.7%
Average 76.9%
Difficult 15.4%

Candidate experience

Neutral 46.2%
Positive 46.2%
Negative 7.7%