Stifel Financial 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 64 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at Stifel Financial.
Stifel Financial
Investment Banking Analyst
Intern Average Positive experience Accept offer 4 rounds
Interview process
Recruiter call Technical screen Onsite Offer
Interview formats
Behavioral Technical Other
So I did a hirevue first, which was like a mix of behaviorals, technicals, and some brain teaser stuff. Then I had a superday which had 3 rounds, 2 regular and 1 technical. Since I went through the diversity program, the process was accelerated. You should definitely prepare a solid 'Why Stifel' and 'Why IBD' answer.
Confirmed questions4 questions
- Why did you choose Stifel?
- Why are you interested in Investment Banking?
- Describe a situation where you collaborated within a team.
Stifel Financial
Investment Banking Analyst
Intern Easy Neutral experience Decline offer 2 rounds
Interview process
Recruiter call Technical screen Onsite
Interview formats
Behavioral Technical
Pretty simple process - first there was HireVue, and then a superday. The technical questions were easy, like explaining $10 of depreciation or a DCF. Behaviorals were also pretty standard - asking about my interest in banking and a general 'tell me about yourself'.
Confirmed questions4 questions
- Could you explain $10 of depreciation?
- Can you tell me about a Discounted Cash Flow analysis?
- What motivates your desire to work in investment banking?
Stifel Financial
Investment Banking Analyst
Entry Easy Negative experience No offer 3 rounds
Interview process
Technical screen Onsite Background check
Interview formats
Technical Behavioral
DO NOT INTERVIEW WITH THIS COMPANY, they will waste your time and have you come into the office for a job they were planning on filling internally anyway. It was a 3 stage interview, 2 in person with technicals, motivational etc. After the 3 rounds, there was silence for about 2 weeks then rejection, only to find out they filled the role internally. Why waste time and efforts knowing they had plans to fill it internally anyway?? It’s such scummy behaviour
Confirmed questions1 question
- What are the usual EV and valuation questions?
Stifel Financial Investment Banker / M&A Analyst Interview Questions
Quoted word for word from Stifel Financial interview reports.
“What is the impact of a $10 depreciation charge on the three financial statements?”
Read reports →“Can you explain why someone would buy a bond with negative interest rates?”
Read reports →“Given identical balance sheets for two companies, what could explain a $1 billion difference in their valuations?”
Read reports →“Could you explain the impact of $10 in depreciation on the three main financial statements?”
Read reports →“Which type of company typically has a higher WACC: a tech company or a manufacturing company?”
Read report →“What are the three financial statements, how do they connect, and how do changes affect all three?”
Read report →“Can you tell me about the most valuable movie ever produced?”
Read report →“Can you explain the connection between the three main financial statements?”
Read report →“Given a company with X% tax, Y% depreciation, and Z% interest that acquired another company, what would be the impact on their Year 1 and Year 2 financial statements?”
Read report →Formats, difficulty and experience
Across all 64 Stifel Financial interview reports.