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Deutsche Bank 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 151 interview experiences · FREE TO READ

2.7 Rounds average
Average Typical difficulty
61.7% Positive experience

Candidate interview experiences

First-hand accounts from people who interviewed at Deutsche Bank.

Showing 3 of 151
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Investment Banking Analyst

Finance · nearly a year ago

Entry Average Neutral experience No offer 1 round
Interview process
Recruiter call
Interview formats
Behavioral Technical

This was the first round, a one-on-one interview. They were trying to see if you could do the day-to-day tasks without needing a lot of training. They didn't ask too many technical questions, but instead focused on whether you could handle the job itself, not just your general qualities. The vibe was pretty serious and professional. Everything was in Chinese, not English.

Confirmed questions0 questions

No confirmed questions were included in this interview report.

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Deutsche Bank

Investment Banking Analyst

Finance · nearly a year ago

Entry Average Positive experience Accept offer 3 rounds
Interview process
Recruiter call Technical screen Onsite
Interview formats
Behavioral Technical

You'll face a lot of behavioral questions, plus a good amount of technical stuff, especially Excel and financial analysis. It's best to apply early because spots fill up fast. Interviews are usually back-to-back with few breaks, so get ready for an intense day. Which group or team you end up with can change each year depending on the product and coverage groups.

Confirmed questions1 question
  • Can you tell me about your strengths and weaknesses?
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Deutsche Bank

Investment Banking Analyst

Finance · a year ago

Intern Difficult Positive experience Accept offer 3 rounds
Interview process
Recruiter call Technical screen Onsite
Interview formats
Technical Case Behavioral

After a spring conversion, I went through two interview stages. The first was an online assessment, and the second involved three separate 45-minute interviews. These interviews covered competency, a case study, and technical knowledge. It was pretty standard for investment banking roles, including mental math, company-specific knowledge, and typical IB technical questions like valuation methods.

Confirmed questions4 questions
  • Can you explain a Discounted Cash Flow (DCF) analysis to me?
  • What are your mental math capabilities?
  • What do you know about our company?

Deutsche Bank Investment Banker / M&A Analyst Interview Questions

Quoted word for word from Deutsche Bank interview reports.

Regarding a DCF calculation for Microsoft, what perpetuity growth rate would be considered fair for the terminal value?

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What are the odds of seeing someone with an unusual number of legs if you left this room?

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What is the probability of you walking out of this room and seeing someone without the average number of legs.

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If an all-stock acquisition occurs and the acquirer's P/E is higher than the target's, would it be accretive or dilutive?

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Can you explain the impact of a $10 increase in depreciation on the three main financial statements?

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If I have a cylinder and draw a line curving perfectly around it from the bottom to the top, directly above where I started, how would you measure that line?

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Can you provide a valuation for Facebook and Twitter, and explain which you think is worth more?

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Can you explain the impact of IFRS 16 on the three main financial statements?

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What information can be derived from an Earnings Per Share (EPS), Price-to-Earnings (P/E), and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) multiple?

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Formats, difficulty and experience

Across all 151 Deutsche Bank interview reports.

Interview formats

Technical 42.2%
Behavioral 41%
Case 10.3%
Presentation 2.4%
Other 2.4%

Interview difficulty

Easy 14.6%
Average 57.6%
Difficult 27.8%

Candidate experience

Positive 61.7%
Neutral 32.2%
Negative 6%