
Greenhill & Co. Analyst Interview Questions
& Process
Real candidates share what happened, how many rounds they had,
and how the experience turned out.
Based on 22 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at Greenhill & Co..
Summer Analyst
So there were 4 rounds in total. The first two were with the third party recruiting company. The most technical interview was the one before the final, and the final interview was more focused on gauging my understanding of markets.
- Could you explain why Enterprise Value / EBITDA is a valid metric while Equity Value / EBITDA is not?
Summer Analyst
The process was quite long. It started with a recruiter call from Freshminds, then two interviews and a test. After that, there was an assessment center with the Greenhill team. It was standard stuff, covering analyst to senior staff exposure, and included a mix of technical, fit, and commercial questions. It was a great process, and the team environment was very collegial and welcoming.
No confirmed questions were included in this interview report.
Analyst
Since there doesn't seem to be a dedicated HR team for graduate recruitment in the UK, it's outsourced to an external firm. My first interview was with this firm, and then the subsequent interview was with Greenhill at their London offices. The first stage of the final day involved two 1:1 interviews with an associate and a VP, both of whom had prior experience at bulge bracket firms before moving to Greenhill. One interviewer was quite aggressive and dismissive of my opinions, while the other was neutral. I'd suggest being prepared to defend your viewpoint assertively, even if it seems almost impolite. The offices were nice, located in West London. An unusual aspect was that their summer interns were interviewing alongside other candidates, which is different from most firms that have separate exit interviews for interns. While I appreciate looking for the best talent, one would think a firm could assess an intern's value after they've worked there for the summer.
- Consider a scenario where a company must decide whether to sell a property asset and then lease it back, or retain ownership. How would you advise them?
Greenhill & Co. Analyst Interview Questions
Quoted word for word from Greenhill & Co. interview reports.
“Can shareholder's equity be negative?”
Read reports →“Describe the impact on the financial statements immediately after purchasing 200mm in equipment (5-year straight-line depreciation) with 100mm cash and 100mm debt at 10% interest, and then one year later.”
Read reports →“Explain the relationship between a company's decreasing debt and its cost of equity, as well as its cost of capital.”
Read reports →“How do you derive unlevered FCF?”
Read reports →“Could you explain why Enterprise Value / EBITDA is a valid metric while Equity Value / EBITDA is not?”
Read report →“Given two companies in the same sector, how would you account for differences in their valuation multiples?”
Read report →“What are at least five strategies to boost the IRR of an LBO?”
Read report →“What has the biggest impact on EV: reducing capex, increasing revenue, or cutting expenses?”
Read report →“Can you explain the financial statements?”
Read report →Formats, difficulty and experience
Across all 22 Greenhill & Co. interview reports.