Houlihan Lokey Analyst Interview Questions
& Process
Real candidates share what happened, how many rounds they had,
and how the experience turned out.
Based on 83 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at Houlihan Lokey.
Houlihan Lokey
Analyst
Entry Average Positive experience Decline offer 6 rounds
Interview process
Recruiter call Technical screen Take home Presentation Onsite
Interview formats
Behavioral Technical Case Presentation
It's the typical investment banking process. First, you apply online. Then, there's a psychometric assessment, followed by an HR screening. After that, an Associate will interview you, covering your motivations for the role and some technical questions. Then comes a case study, which involves prep and a presentation. Finally, you have a meeting with a Managing Director (MD).
Confirmed questions1 question
- What are your motivations for pursuing a career in Investment Banking?
Houlihan Lokey
Summer Analyst
Intern Average Positive experience Accept offer 2 rounds
Interview process
Recruiter call Technical screen
Interview formats
Behavioral Technical
started with basic behaviorals like explaining a deal and why you want to work at RX. Then went straight into some RX technical questions, covering YTM, walking through the 3 financial statements, valuation, DCF, and how to value a distressed company.
Confirmed questions5 questions
- Can you explain a deal you worked on?
- Why are you interested in RX?
- Walk me through the three financial statements, assuming we bought a machine with debt.
Houlihan Lokey
Analyst
Senior Average Neutral experience No offer 7 rounds
Interview process
Technical screen Onsite Presentation
Interview formats
Behavioral Technical Case
We had 3 zoom rounds first, each 30 mins. Then a zoom super day with 4 total interviews, all 30 mins each. It was a mix of behavioral and technical questions, with a lot focused on deal experience.
Confirmed questions1 question
- Can you explain a Discounted Cash Flow (DCF) analysis?
Houlihan Lokey Analyst Interview Questions
Quoted word for word from Houlihan Lokey interview reports.
“What is the impact of an increased tax rate on Enterprise Value?”
Read reports →“What is the impact of $10 dollars of depreciation on the income statement?”
Read reports →“Given a $100m senior debt claim, with a 50% bankruptcy risk leading to $0 recovery and a 50% recovery chance of $200mm, what is the expected trading value of the debt?”
Read reports →“What is the impact on the three financial statements when paying down debt?”
Read reports →“What would be the effect if depreciation increased by $10?”
Read report →“Given a company with two tranches of debt totaling $2.3 billion and an enterprise value of $500 million, what would be the trading price of that debt?”
Read report →“What would be the effect on the three financial statements if depreciation were $10?”
Read report →“What is the impact on the three financial statements when buying debt?”
Read report →“What's the impact on the three financial statements if X increases by $10?”
Read report →Formats, difficulty and experience
Across all 83 Houlihan Lokey interview reports.