UBS 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 197 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at UBS.
UBS
M&A Intern
Intern Average Positive experience Decline offer 3 rounds
Interview process
Recruiter call Technical screen Onsite Background check Offer
Interview formats
Behavioral Technical Case
The hiring process usually has a few steps: first, we look at CVs and cover letters. Then, there's a motivation interview to see if you're interested in consulting and AI. After that, a technical interview or a case study to check your analytical skills, how you structure your thoughts, and if you get the business side of AI. Finally, an interview with a manager or partner to make sure you fit the role and the firm's culture.
Confirmed questions1 question
- Could you walk me through a P&L and a cash flow statement?
UBS
Investment Banking Analyst
Intern Average Neutral experience Accept offer 3 rounds
Interview process
Phone screen Onsite
Interview formats
Behavioral Technical Case
The first round was two 30-minute phone interviews that covered standard investment banking topics like your background, behavioral questions, your resume, and technical concepts. Then there was a Superday, which was an hour to read an M&A case study, followed by a 30-minute CV-based interview, a 30-minute M&A case study, and a final 30-minute behavioral interview.
Confirmed questions6 questions
- Could you start by walking me through your resume?
- Can you share an instance where you made a decision involving risk?
- Describe a situation where you faced difficulties working within a team.
UBS
Investment Banking Analyst
Entry Difficult Positive experience No offer 3 rounds
Interview process
Recruiter call Technical screen Phone screen Presentation Group Onsite
Interview formats
Technical Case Group Behavioral
So at UBS, it's a tough interview process, they really want to see if you've got the brains, can you solve problems, and do you fit in. First up, you'll do some online tests, like situational judgment and number stuff. If you pass that, it's a one-way video interview where they check if you're all about UBS's vibe and know your stuff about the industry. Then, the big one is the in-person thing in London. You'll tackle a case study, do a group activity, and have interviews. Gotta be prepped on financial analysis, what's happening in the markets, and how to work with others.
Confirmed questions1 question
- Can you identify two companies that you believe should merge, and explain your reasoning behind this choice?
UBS Investment Banker / M&A Analyst Interview Questions
Quoted word for word from UBS interview reports.
“If a company with a P/E of 14.0 is acquiring another company, what would be the cost of debt required for the deal to be accretive?”
Read reports →“Could you explain how the three main financial statements are affected if depreciation were to increase by 10%?”
Read reports →“Considering two companies, A with a P/E of 5x and B with a P/E of 10x, would it be accretive or dilutive if company A acquired company B?”
Read reports →“If company A has a PE of 5x and it acquires company B with a PE of 10x, is it dilutive or accretive?”
Read reports →“Given Firm A with a 20x PE ratio acquiring Firm B with a 10x PE ratio, would you anticipate EPS to increase or decrease?”
Read report →“If a company trading at 10x P/E acquires a company trading at 30x P/E, what kind of deal is this?”
Read report →“How would you go about valuing a coffee shop on the corner of two busy streets in Manhattan?”
Read report →“Do you know the answer to a quick mind math problem like 17*17?”
Read report →“Given random events impacting a company's balance sheet, how would you adjust the three financial statements?”
Read report →Formats, difficulty and experience
Across all 197 UBS interview reports.