Houlihan Lokey Investment Analyst Interview Questions
& Process
Real candidates share what happened, how many rounds they had,
and how the experience turned out.
Based on 10 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at Houlihan Lokey.
Houlihan Lokey
Valuation Analyst
Intern Average Positive experience No offer 2 rounds
Interview process
Recruiter call Technical screen
Interview formats
Behavioral Technical
It was a pretty straightforward process. The first round was split between 30 minutes of behavioral questions and 30 minutes of technical questions. The second round was also 30 minutes and included both behavioral and technical questions, nothing too crazy.
Confirmed questions1 question
- What is your approach to valuing a private company?
Houlihan Lokey
Valuation Associate
Entry Average Neutral experience No offer 2 rounds
Interview process
Recruiter call Technical screen
Interview formats
Behavioral Technical
Had 2 interviews, one was behavioral and the other was technical. The behavioral interview was pretty standard. The technical interview focused heavily on valuation, so make sure you know DCF analysis and the other two primary valuation methods. You should also be solid on basic finance, accounting, and financial ratios.
Confirmed questions5 questions
- Can you discuss your previous work experiences?
- Could you elaborate on your experience with DCF analysis?
- What are the other two main valuation approaches?
Houlihan Lokey
Valuation Analyst
Mid Average Positive experience No offer 4 rounds
Interview process
Technical screen Technical screen Onsite Background check
Interview formats
Technical Behavioral
The interview process involved a first round with a VP, followed by a second round with an SVP that included technical questions. The final round was with a senior member. There were two technical rounds and one behavioral (fit-based) round. I was ultimately not selected, likely due to not being a good fit.
Confirmed questions1 question
- Could you explain the implementation of Monte Carlo simulations for option pricing?
Houlihan Lokey Investment Analyst Interview Questions
Quoted word for word from Houlihan Lokey interview reports.
“What's the delta for a mix of long and short calls that have the same strike?”
Read reports →“Could you explain the delta of a combination of long and short call options with the same strike price?”
Read reports →“What are the other two main valuation approaches?”
Read reports →“Could you explain the implementation of Monte Carlo simulations for option pricing?”
Read reports →“How would you account for pension liabilities within the Equity to EV bridge?”
Read report →“Could you explain the three main financial statements?”
Read report →“What is your approach to handling minority interest in the Equity to EV bridge calculation?”
Read report →“Could you explain the Equity to EV bridge?”
Read report →“How would you determine the xxx metrics?”
Read report →Formats, difficulty and experience
Across all 10 Houlihan Lokey interview reports.