
Guggenheim Partners 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 77 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at Guggenheim Partners.
Investment Banking Associate
So, first there was a hiring manager interview, then a VP round, and we did a case study. After that, I was invited to an in-person superday. But then, like, two days before, they canceled the whole external hiring process because the company shut down.
- What's your experience?
- Can you do a technical analysis for this case study?
Investment Banking Analyst
It was a long process with on campus recruiting, then I got invited to an in person Superday in NYC. There were three 30 minute interviews: one technical and two behavioral. They call you around lunchtime to let you know if you've made it to the behavioral half of the day.
- Can you walk me through the calculation from Revenue down to UFCF?
- What are some typical guide questions you ask?
- Some trickier P/E true false questions were asked.
Restructuring Analyst
The interview process was mainly technical, but there were also some behavioral interviews with the MDs, who were really great. It mostly covered standard restructuring technical topics, with a few questions about the market. I'd suggest being ready to discuss a deal you know well, and also to explain what makes this group stand out from other RX groups. Knowing a bit about tort claims in relation to other firms would be helpful too.
- Can you list some reasons why a company might find itself in financial distress?
- Tell me about a deal you are familiar with.
- How does this particular restructuring group differ from other restructuring groups in the industry?
Guggenheim Partners Investment Banker / M&A Analyst Interview Questions
Quoted word for word from Guggenheim Partners interview reports.
“Describe the impact on the three main financial statements when $100 in depreciation is recorded.”
Read reports →“Given an increase of 10 dollars in depreciation, how does this impact all three financial statements?”
Read reports →“What are the definitions of a 10K, 10Q, and an 8Q filing?”
Read reports →“Is it possible for a company to have negative stockholders equity, and if so, what are the reasons?”
Read reports →“Can you explain the difference between the cost of debt and the cost of equity?”
Read report →“What is the IRR of an LBO where a PE firm borrows $10 million, acquires a company at a certain multiple, holds it for 5 years without paying down debt, and then sells it at the original purchase multiple?”
Read report →“In an LBO situation, would it be preferable to take a 100k loan repaid in equal installments over five years using the target's earnings, or to issue a 100k bullet bond maturing in five years?”
Read report →“Given the financials, how would you compare these two companies as they restructure their debt? Perform a quick analysis using Cost of Debt and Cost of Equity.”
Read report →“What are the ways a company can sell off a business segment that is not core to its operations?”
Read report →Formats, difficulty and experience
Across all 77 Guggenheim Partners interview reports.