Lincoln International 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 52 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at Lincoln International.
Lincoln International
Investment Banking Analyst
Entry Average Neutral experience No offer 2 rounds
Interview process
Recruiter call Technical screen Onsite
Interview formats
Behavioral Technical
The interview was pretty chill. It was with 1 analyst and 1 VP. They asked a lot of personal questions first, then went into basic technical questions. I thought the interview went really well, but I never got a second round, so who knows.
Confirmed questions4 questions
- Tell me about yourself
- Can you answer some accounting questions?
- What are your thoughts on valuation?
Lincoln International
Investment Banking Associate
Mid Average Neutral experience Accept offer 4 rounds
Interview process
Recruiter call Technical screen Onsite Presentation Background check Offer
Interview formats
Behavioral Technical Case Presentation
The interview process involved meeting with MDs and other senior staff. There was no modeling test. They mostly asked about my background and deal track records, including my key roles in past transactions. We also discussed current deal flow and what my role would be at the office.
Confirmed questions8 questions
- What is your motivation for applying to this position?
- Could you elaborate on your key contributions to a deal that has closed?
- Can you detail your proficiency in financial modeling?
Lincoln International
Investment Banking Analyst
Intern Average Positive experience Accept offer 5 rounds
Interview process
Recruiter call Onsite Group
Interview formats
Technical Behavioral
Applied through my business school recruiting website and was contacted within a week about a first round interview. The interview was on campus and after that I was invited to a superday at the Chicago office. The company communicated expectations very well and was incredibly helpful throughout the recruiting process, especially for an investment bank. The superday involved four interviews back-to-back with two to three interviewers each. Lincoln also took interviewees out for fine dining. I was very impressed by the company's professionalism and hospitality. Lincoln's name is going to be mainstream in the banking world in the near future.
Confirmed questions2 questions
- How would you build a DCF for your start-up?
- What's your reason for choosing Chicago?
Lincoln International Investment Banker / M&A Analyst Interview Questions
Quoted word for word from Lincoln International interview reports.
“What is the effect of higher debt on wacc and dcf valuation?”
Read reports →“What can be used as a proxy for Free cash flow?”
Read reports →“When valuing a coal mining company, would you use the Gordon Growth method or the Multiples Method for its terminal value?”
Read reports →“Could you elaborate on why the change in NWC is considered in a DCF analysis?”
Read reports →“Where on the income statement would you look depending on how old the company is or in what phase?”
Read report →“Can you explain the impact of $10 in depreciation?”
Read report →“Could you calculate the CAPM for a company that has a beta of 2?”
Read report →“Regarding PE ratios, was the acquisition accretive or dilutive, as per the IB study guide?”
Read report →“Can you rank the three valuation methods from highest to lowest?”
Read report →Formats, difficulty and experience
Across all 52 Lincoln International interview reports.