Macquarie Group logo

Macquarie Group 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 70 interview experiences · FREE TO READ

2.8 Rounds average
Average Typical difficulty
63.8% Positive experience

Candidate interview experiences

First-hand accounts from people who interviewed at Macquarie Group.

Showing 3 of 70
Macquarie Group logo
Macquarie Group

Investment Banking Associate

Finance · nearly a year ago

Mid Average Positive experience No offer 4 rounds
Interview process
Recruiter call Onsite Phone screen Take home
Interview formats
Behavioral Technical

It was a pretty straightforward interview process. Started with a call from the recruiter, then I had an in-person meeting with two Vice Presidents. After that, I had two 30-minute calls with the Managing Directors, and I also had to complete a psychometric assessment. The whole thing has taken about two weeks so far.

Confirmed questions2 questions
  • Can you discuss your prior experience in financial modeling?
  • What is your experience regarding project ownership?
Macquarie Group logo
Macquarie Group

Investment Banking Analyst

Finance · more than a year ago

Entry Average Neutral experience No offer 5 rounds
Interview process
Take home Group Presentation Background check Offer
Interview formats
Case Presentation Group Behavioral

The interview process spanned many rounds, with conversations involving associates, VPs, and directors. While the core theme remained consistent, the sheer number of rounds (over five) made it feel quite lengthy. A case study was administered over a weekend, released on the day itself and requiring completion within three hours. A financial model template was provided, but significant customization of the model within that template was necessary, so it was not a simple plug-and-play situation.

Confirmed questions1 question
  • Can you explain your interest in the industry or specific coverage areas like natural resources or infrastructure?
Macquarie Group logo
Macquarie Group

Investment Banking Analyst

Finance · more than a year ago

Entry Average Positive experience Accept offer 5 rounds
Interview process
Recruiter call Phone screen Technical screen Onsite Background check Offer
Interview formats
Behavioral Technical

My interview experience felt pretty conversational, likely because I had interned at Deloitte the previous summer and had connections with some of the interviewers' contacts in Sydney. The questions weren't too tough, mostly revolving around my Deloitte internship and a strong emphasis on my motivations for corporate finance, more so than other interviews. It seemed my interviewers had seen my feedback reports and were impressed, so they focused on my drive. There was a good amount of casual chat throughout, which might be more about my specific situation than the general interview style. If interviewers feel good about your performance and connection, they often steer the conversation this way. However, it's still important to use the STAR method even for seemingly small questions; being too casual can be a downside.

Confirmed questions4 questions
  • Which class did you dislike the most, and what were your reasons?
  • What motivates your application to corporate finance?
  • Could you share some key takeaways from your summer internship at Deloitte?

Macquarie Group Investment Banker / M&A Analyst Interview Questions

Quoted word for word from Macquarie Group interview reports.

How many days would it take for the lily pad to cover half the pond if it doubles in size daily and takes 30 days to cover the entire pond?

Read reports

Explain the impact of a $100 depreciation charge on the three financial statements.

Read reports

If depreciation is increased by $10, how would financial statements be affected?

Read reports

Given a pond fully covered in lilypads in 1 hour, where the lilypad coverage doubles each minute, calculate the time it takes for the pond to be 25% covered.

Read reports

Can you explain how a $10 depreciation charge impacts the three main financial statements?

Read report

Can you tell me about the merger between Sears and KMart?

Read report

Regarding the retail industry, what are the ways a retail company makes money?

Read report

What are the temporal changes in the risk profile of an infrastructure investment?

Read report

Formats, difficulty and experience

Across all 70 Macquarie Group interview reports.

Interview formats

Behavioral 37.2%
Technical 37.2%
Case 15.7%
Presentation 3.5%
Other 3.5%

Interview difficulty

Easy 7.1%
Average 65.7%
Difficult 27.1%

Candidate experience

Positive 63.8%
Neutral 27.5%
Negative 8.7%