
Needham & Co. Interview Questions
& Process
Real candidates share what happened, how many rounds they had,
and how the experience turned out.
Based on 29 interview experiences · FREE TO READ
Which role are you interviewing for?
7 roles · 29 reportsCandidate interview experiences
First-hand accounts from people who interviewed at Needham & Co..
Investment Banking Analyst
Had one phone call with an analyst, they asked me some technical and market questions. The call was kinda dry and didn't feel like a real conversation. I don't think I really got to show who I am.
- What's your take on the current market?
- Can you answer some basic finance technical questions?
- Can you walk me through the three financial statements?
Analyst
It was tough. I met with a bunch of junior and senior bankers. It started technical and got less so as I met more senior people. It ended with interviews in NY.
- Any standard banking questions?
- Some questions about strategic thinking?
- Some open ended questions?
Equity Research Associate
This was the first round interview. The Managing Director gave a quick background of the role and his team, then asked a few questions. He shared his experience with the company and which types of companies he covers. It lasted about 30 minutes or so.
- Given the choice to keep only two financial statements, which two would you choose to eliminate?
Equity Research Analyst
The interview process was super quick. Started with a behavioral phone interview, pretty chill, and the interviewer was helpful. Then, a super technical and direct second phone interview. The first interviewer did say to really know IB inside out, and they weren't kidding. The second interviewer drilled me on those same topics, probably to see if I'd mess up. So, definitely prep thoroughly.
- Can you explain your interest in Needham & Co.?
Needham & Co. Interview Questions
Quoted word for word from Needham & Co. interview reports.
“There is a 10x10x10 cube made of 1x1x1 cubes. How many cubes remain unpainted if the large cube is dipped in white paint?”
Read reports →“Where on the income statement can EBITDA be found, and how might you locate it using the financial statements?”
Read reports →“What is the impact of depreciation on the financial statements?”
Read reports →“Describe the impact on the three financial statements if $10 of depreciation is recorded.”
Read reports →“Compared to equity, is debt more costly?”
Read report →“If you had a 10x10x10 cube and dipped it in paint, how many cubes would have no paint on them?”
Read report →“Is Accounts Receivable a source or a use of cash?”
Read report →“Can you list the components of enterprise value?”
Read report →“Could you explain WACC and give its formula?”
Read report →Formats, difficulty and experience
Across all 29 Needham & Co. interview reports.