BMO Capital Markets 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 110 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at BMO Capital Markets.
BMO Capital Markets
Investment Banking Analyst
Intern Average Positive experience Accept offer 4 rounds
Interview process
Recruiter call Technical screen Onsite
Interview formats
Behavioral Technical Coding
The interview process started with a first round which included two 30-minute interviews: one focusing on behavioral aspects and the other on technical skills. Following that, there was a superday, consisting of a 30-minute behavioral interview and a 30-minute technical interview. Notably, the technical interview during the superday incorporated a simple DCF (Discounted Cash Flow) model exercise.
Confirmed questions1 question
- Can you explain how a company's Enterprise Value is affected when it uses cash to purchase equipment?
BMO Capital Markets
Investment Banking Analyst
Entry Average Neutral experience Decline offer 2 rounds
Interview process
Recruiter call Technical screen Onsite Offer
Interview formats
Behavioral Technical
This real estate investment banking analyst role has a super quick interview, going from one team to another pretty much right away. They mix in both behavioral and technical questions in each part to see if you'd be a good fit, if you know your stuff, and if you can get things done. Everyone's nice but the questions are tough.
Confirmed questions8 questions
- Could you explain a real estate Discounted Cash Flow analysis?
- What makes real estate a better choice compared to traditional industry sectors?
- Can you share an instance where you had to meet strict deadlines and how you managed your priorities?
BMO Capital Markets
Investment Banking Associate
Mid Average Neutral experience Decline offer 2 rounds
Interview process
Recruiter call Technical screen Onsite
Interview formats
Behavioral Technical Case
It was a pretty standard investment banking interview process. They started by asking about my past experience and how it connects to capital markets. Then, we moved on to discussing current market conditions and finished with why I think I'd be a good fit for the firm.
Confirmed questions4 questions
- What industry are you considering investing in presently, and what's your rationale?
- Can you discuss your previous experience concerning capital markets?
- What's your overview of the current market conditions?
BMO Capital Markets Investment Banker / M&A Analyst Interview Questions
Quoted word for word from BMO Capital Markets interview reports.
“What is the effect of $10 in depreciation on the three main financial statements?”
Read reports →“How would all three financial statements be impacted at the start of Year 1, assuming Company X finances the purchase of new factories worth $100 million with debt, prior to any other transactions?”
Read reports →“How would you determine the weight of a helicopter if you didn't have any measuring tools, but you had an unlimited supply of weights?”
Read reports →“What's the largest sum of money you can possess and still be unable to make exact change for a dollar?”
Read reports →“Could you explain what enterprise value is, and why cash is subtracted in its calculation?”
Read report →“Can you explain how a company's Enterprise Value is affected when it uses cash to purchase equipment?”
Read report →“What is the distinction between IRR and Equity Multiple, and in which scenarios is each more relevant?”
Read report →“Given an EBITDA growth of X this year and provided metrics such as D&A and change in working capital, calculate the Free Cash Flow (FCF) for the next three years.”
Read report →“If you have two similar companies with the same earnings, but one trades at a 20 P/E ratio and the other at a 15 P/E ratio, which one would you invest in?”
Read report →Formats, difficulty and experience
Across all 110 BMO Capital Markets interview reports.