TAP ADVISORS 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 TAP ADVISORS.
TAP ADVISORS
Investment Banking Analyst
Intern Average Positive experience No offer 6 rounds
Interview process
Technical screen Technical screen Onsite Onsite Onsite Onsite
Interview formats
Technical Technical Behavioral Behavioral Behavioral Behavioral
The first two rounds were technical interviews focusing on accounting and valuation. The second round also included a couple of behavioral questions. The Superday had four interviews: two with the co-founders and two with other managing directors. No technical questions were asked in the Superday, but they wanted to know my motivations for the role.
Confirmed questions4 questions
- Could you tell me what the beta of a coin flip is?
- What exactly is equity value?
- And what is enterprise value?
TAP ADVISORS
Investment Banking Analyst
Entry Difficult Negative experience No offer 1 round
Interview process
Recruiter call Phone screen
Interview formats
Technical Behavioral
Had a first phone call interview, they asked me to walk through my resume, then they asked 3 technical questions: walk me through a DCF, when to use each type of valuation, and what the equation for WACC was.
Confirmed questions1 question
- What is the equation for WACC?
TAP ADVISORS
Investment Banking Associate
Mid Difficult Negative experience No offer 3 rounds
Interview process
Recruiter call Onsite Take home
Interview formats
Technical Case
went through a few rounds of interviews: first just a phone call, then a face to face with some MDs/EDs, then met with other banking team folks, and finally had to do a take home test for financial modelling and valuation.
Confirmed questions2 questions
- Can you discuss valuation methodologies?
- How do the three financial statements connect?
TAP ADVISORS Investment Banker / M&A Analyst Interview Questions
Quoted word for word from TAP ADVISORS interview reports.
“What is the equation for WACC?”
Read reports →“What's the formula for calculating WACC?”
Read reports →“How do you calculate Equity Value starting from Enterprise Value?”
Read reports →“How is the Terminal Value determined in a DCF analysis?”
Read reports →“What exactly is equity value?”
Read report →“Could you explain why the cost of debt is typically less than the cost of equity?”
Read report →“Explain the effect of a $10 realized gain versus a $10 unrealized gain on the three main financial statements.”
Read report →“And what is enterprise value?”
Read report →“Can you explain the beta of a lottery ticket?”
Read report →Formats, difficulty and experience
Across all 10 TAP ADVISORS interview reports.