KBW Interview Questions
& Process
Real candidates share what happened, how many rounds they had,
and how the experience turned out.
Based on 30 interview experiences · FREE TO READ
Which role are you interviewing for?
9 roles · 30 reportsCandidate interview experiences
First-hand accounts from people who interviewed at KBW.
KBW
Intern
Intern Average Neutral experience No offer 2 rounds
Interview process
Recruiter call Phone screen Presentation
Interview formats
Behavioral Presentation
The interview process included two rounds. The first round was with an Associate, where you were asked general questions and to pitch a stock. The second round was with the Hiring Manager (HOR) and also required a stock pitch.
Confirmed questions2 questions
- Can you pitch a stock for me?
- What is a company you've been following recently?
KBW
Investment Banking Analyst
Intern Average Neutral experience No offer 2 rounds
Interview process
Recruiter call Onsite
Interview formats
Behavioral Technical
It started with a quick HireVue, then moved to an in-person Superday. The team really wants to know why you're interested in Atlanta and your past finance experience. The Atlanta team I interviewed with was very MD-heavy, with maybe one VP (who might be a director now). Overall, you'll get great exposure to senior bankers.
Confirmed questions1 question
- Tell me about the most engaging corporate finance class you took in undergrad.
KBW
Sales Associate
Entry Easy Positive experience Accept offer 5 rounds
Interview process
Recruiter call Phone screen Presentation Background check Offer
Interview formats
Behavioral Presentation
It was a multi-step interview process where I met with Senior salespeople and then the Head of Sales. I also had conversations with some research team members, because salespeople and researchers often collaborate and share ideas. The interviews were primarily focused on behavioral questions and assessing my fit for the position. A key part of the process involved creating a 3-5 year business plan, outlining my projected activities and revenue generation for the company.
Confirmed questions3 questions
- Behavioral questions
- Tell me about why you are a good fit for this role.
- Develop a 3-5 year business plan detailing your activities and projected revenue.
KBW
Analyst
Entry Average Positive experience No offer 5 rounds
Interview process
Recruiter call Onsite
Interview formats
Behavioral Technical
I went through campus recruiting. The first round was totally behavioral, basically going through my resume and having a casual chat with the interviewer. Then I made it to the Superday in Richmond. I spoke with 4 associates and analysts that day. I really liked everyone I met, but I felt I didn't have as much experience as some other candidates and stumbled on a few valuation questions. There were 20 people at the Superday, and only 2 got offers.
Confirmed questions6 questions
- Can you tell me why you're interested in investment banking?
- Describe investment banking in a way a 10-year-old could understand.
- What makes you want to pursue investment banking over consulting?
KBW Interview Questions
Quoted word for word from KBW interview reports.
“Roughly how many hits happen in an MLB season annually?”
Read reports →“What is the impact of a $10 increase in depreciation expense on the three financial statements?”
Read reports →“What are the differences between UFCF and LFCF?”
Read reports →“What is WACC (technical)?”
Read reports →“What are the three financial statements (technical)?”
Read report →“Can you explain tangible book value earnback?”
Read report →“Can you explain how banks generate revenue?”
Read report →“What is LBO (technical)?”
Read report →“Under what circumstances would you choose to use UFCF over LFCF, or vice versa?”
Read report →Formats, difficulty and experience
Across all 30 KBW interview reports.