Needham & Co. 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 10 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at Needham & Co..
Needham & Co.
Investment Banking Analyst
Intern Difficult Neutral experience No offer 1 round
Interview process
Recruiter call Phone screen
Interview formats
Technical Behavioral
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.
Confirmed questions3 questions
- 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?
Needham & Co.
Investment Banking Analyst
Entry Average Neutral experience No offer 3 rounds
Interview process
Recruiter call Technical screen Onsite
Interview formats
Technical Behavioral
The interview process was pretty standard for IB roles. They asked typical technical questions, but nothing too complicated. It seemed like they were more focused on understanding my past experience and confirming my genuine interest in investment banking. The people I interviewed with, who were analysts and associates, were very laid-back and nice. They seemed genuinely interested in what I had to say and appeared to be looking for someone they could work long hours with.
Confirmed questions5 questions
- Is Accounts Receivable a source or a use of cash?
- DCF/LBO questions
- What are some typical behavioral questions you get asked?
Needham & Co.
Investment Banking Analyst
Entry Easy Positive experience No offer 1 round
Interview process
Recruiter call Technical screen
Interview formats
Behavioral Technical
Applied via the campus website and had an on-campus interview. The first round involved a mix of behavioral questions (like why Needham and discussing past experiences) and technical questions (covering standard DCF and basic accounting). The interviewers were engaging and friendly to talk to.
Confirmed questions4 questions
- Can you explain a Discounted Cash Flow (DCF) analysis?
- What are the common methods for valuation?
- How are the income statement, balance sheet, and cash flow statement interrelated?
Needham & Co. Investment Banker / M&A Analyst Interview Questions
Quoted word for word from Needham & Co. interview reports.
“What is the impact of depreciation on the financial statements?”
Read reports →“If you had a 10x10x10 cube and dipped it in paint, how many cubes would have no paint on them?”
Read reports →“Is Accounts Receivable a source or a use of cash?”
Read reports →“Could you explain WACC and give its formula?”
Read reports →“How are the income statement, balance sheet, and cash flow statement interrelated?”
Read report →“In DCF analysis, what figure would you use for a discount factor?”
Read report →“What are the common methods for valuation?”
Read report →“Can you explain a Discounted Cash Flow (DCF) analysis?”
Read report →“Could you explain a discounted cash flow analysis?”
Read report →Formats, difficulty and experience
Across all 10 Needham & Co. interview reports.