Truist 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 35 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at Truist.
Truist
Investment Banking Analyst
Intern Average Positive experience No offer 1 round
Interview process
Recruiter call Technical screen Onsite
Interview formats
Behavioral Technical Case
It was a pretty straightforward process, with some technical aspects but nothing too challenging. The interviewers were quite friendly and welcoming. The interviews were back-to-back 30-minute sessions, one-on-one. It started with TMAY and the last 15 minutes of each interview were dedicated to technical questions.
Confirmed questions3 questions
- Tell me about yourself
- Got a brain teaser for me?
- Can you walk me through an LBO?
Truist
Investment Banking Analyst
Entry Average Negative experience No offer 4 rounds
Interview process
Recruiter call Phone screen Technical screen Onsite Presentation Offer
Interview formats
Technical Behavioral Presentation Other
The process was pretty straightforward at first with an associate reaching out for first rounds which consists of mostly technical questions. The second round was with a VP and mostly behavioral. The last round is a superday which is five back to back interviews with MDs, and Group Heads. Half way through my super day, Truist cancelled on me 3 times and on one instance even no-showed to my interview room. Because of this I was not able to complete the interview and they called me later that day stating that they have hired someone else which is very unprofessional. I understand that at the end of the day, this is IB and these things happen, but dragging a 4 week long process without a fair evaluation is another thing. Hopefully no one will encounter my negative experience.
Confirmed questions2 questions
- How do you calculate enterprise value starting from share price?
- Are you talking to other banks about jobs?
Truist
Investment Banking Associate
Mid Difficult Positive experience Decline offer 3 rounds
Interview process
Recruiter call Technical screen Onsite
Interview formats
Behavioral Technical
I applied online and then had an HR screen about a week later. After that, I met with a few senior bankers. The interviews were a mix of behavioral and technical questions. They really seemed to care about fit and how I'd behave, and it was important to have a solid reason for wanting to work in Atlanta.
Confirmed questions6 questions
- Could you tell me your motivations for wanting to join Truist and specifically the Food & Ag sector?
- Could you describe a past transaction you worked on, detailing your role and responsibilities?
- Please construct the three primary financial statements in response to a hypothetical transaction scenario.
Truist Investment Banker / M&A Analyst Interview Questions
Quoted word for word from Truist interview reports.
“How do you calculate enterprise value starting from share price?”
Read reports →“How would a $10 increase in Accounts Payable influence the Cash Flow Statement?”
Read reports →“How would you calculate free cash flow starting from EBITDA?”
Read reports →“Can you explain how a $10 increase in depreciation impacts the three financial statements?”
Read reports →“Can you explain the difference between Equity Value and Enterprise Value?”
Read report →“Can you explain how a 10% increase in depreciation affects the three financial statements, assuming a reasonable tax rate?”
Read report →“Of the three valuation methods, which one typically yields the highest valuation?”
Read report →“What are the three main valuation methods employed in investment banking?”
Read report →“Could you explain a Discounted Cash Flow (DCF) analysis?”
Read report →Formats, difficulty and experience
Across all 35 Truist interview reports.