Scotiabank 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 46 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at Scotiabank.
Scotiabank
Investment Banking Analyst
Intern Average Positive experience No offer 2 rounds
Interview process
Recruiter call Technical screen
Interview formats
Behavioral Technical
I applied in 2026 and got moved to the HireVue round. It was pretty straightforward, but they asked more questions than typical HireVue interviews. I think everyone who applied made it to the HireVue, so you really need to do well on that to stand out and move forward to the interview. These were my first IB interviews, so I didn't know what to expect going in.
Confirmed questions8 questions
- What would you do if you received an assignment in an area you had no experience with and your manager wasn't available?
- What made you choose Investment Banking instead of other career options?
- What is your interest in ScotiaBank?
Scotiabank
Investment Banking Analyst
Entry Average Positive experience No offer 3 rounds
Interview process
Recruiter call Technical screen Onsite
Interview formats
Behavioral Technical
We started with a casual group coffee chat with HR. If that went well, we moved on to Round 1, which was about half an hour and included both behavioral and technical questions. The final stage was the Super Day, which lasted an hour and was split into two 30-minute segments: one for behavioral questions and another for technical ones.
Confirmed questions7 questions
- Tell me about yourself
- Why this bank?
- Why investment banking?
Scotiabank
Investment Banking Analyst
Entry Average Neutral experience No offer 2 rounds
Interview process
Recruiter call Technical screen Onsite
Interview formats
Behavioral Technical Coding
The interview process started with a first round, and then went straight into a superday. It was all super crunched together with not much time to prepare. I feel like you just need to know basic finance, nothing too complicated, along with normal behaviorals. I didn't really practice my technicals beforehand and I know I botched one question. I should have practiced the standard valuation questions (DCF walkthrough, 3 major valuation types), accounting processes, financial statements and EBITDA questions, and basic LBO questions.
Confirmed questions6 questions
- Can you share three of your strengths and one weakness?
- What kind of hobbies do you have?
- Regarding fantasy football, who do you predict will be the first overall draft pick?
Scotiabank Investment Banker / M&A Analyst Interview Questions
Quoted word for word from Scotiabank interview reports.
“If there's a $10 loss in Property, Plant, and Equipment (PP&E), how does that impact the financial statements?”
Read reports →“What is the effect on EBITDA following a $100 debt write-down?”
Read reports →“What is the relative cost of debt versus equity, and how does convertible debt fit into that?”
Read reports →“Regarding fantasy football, who do you predict will be the first overall draft pick?”
Read reports →“For an acquirer, is a P/E of 15x or 10x better?”
Read report →“How do you determine the cost of capital using the Capital Asset Pricing Model (CAPM)?”
Read report →“How do you determine the cost of capital using the Build-up method?”
Read report →“If buying or leasing vending machines cost the same, would you rather buy or lease them?”
Read report →“Can you explain how to calculate Free Cash Flow to Firm (FCFF)?”
Read report →Formats, difficulty and experience
Across all 46 Scotiabank interview reports.