Td Securities 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 13 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at Td Securities.
Td Securities
Investment Banking Associate
Mid Average Negative experience Decline offer 5 rounds
Interview process
Recruiter call Technical screen Onsite Presentation Background check
Interview formats
Technical Case Presentation
I had one round with 2 associates first. Then, I went through a superday, which had 3 back-to-back interviews with MDs. After that, there was a case round that included an LBO and a presentation. I also had to do a debrief following the case round.
Confirmed questions1 question
- Could you describe a deal you were involved in?
Td Securities
Investment Banking Analyst
Entry Average Neutral experience No offer 2 rounds
Interview process
Group Onsite
Interview formats
Group Behavioral Technical
The process moved quickly. It included standard behavioral and technical questions, and the interviewers were friendly. The first round was a group interview with Analysts and Associates. The second round consisted of two separate interviews, one with an Associate and another with a VP. I'd suggest brushing up on technicals if you're rusty.
Confirmed questions3 questions
- Could you introduce yourself?
- Can you explain the difference between a deferred tax asset and a deferred tax liability?
- What are your reasons for wanting to work at TD Securities?
Td Securities
Investment Banking Analyst
Intern Average Positive experience No offer 2 rounds
Interview process
Recruiter call Phone screen Technical screen
Interview formats
Technical Behavioral
The interview process involved some basic technical questions like what EBITDA is, questions about financial statements, and a few behavioral questions about what I do in my free time. They also asked what a fairness opinion is, which isn't a super common question. Overall, it wasn't a very difficult interview.
Confirmed questions3 questions
- Tell me about yourself.
- Why are you interested in Investment Banking?
- Why are you interested in TD?
Td Securities Investment Banker / M&A Analyst Interview Questions
Quoted word for word from Td Securities interview reports.
“Can you explain the difference between a deferred tax asset and a deferred tax liability?”
Read reports →“Could you explain the distinction between levered and unlevered beta?”
Read reports →“Can you explain how $100 of equity would impact the three financial statements?”
Read reports →“What actions should a CFO take when faced with surplus capital?”
Read reports →“Can you explain a discounted cash flow analysis?”
Read report →“Could you explain basic equity valuation?”
Read report →“What are your thoughts on a recent acquisition made by TD?”
Read report →“Why are you interested in this specific group?”
Read report →“What motivates your interest in Investment Banking?”
Read report →Formats, difficulty and experience
Across all 13 Td Securities interview reports.