M&A IB first year lateral analyst interview questions. Would I be expected to know how to build merger models and lbo models?

Any insight would be great. Thanks!

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Most likely yes. You don’t necessarily need to have done it professionally but you should know what they are, how they work and be able to talk about them a bit. Some banks will have you fire up Excel during the interview. They’re not difficult, a lot less difficult to prep for IMO than our strategy case interviews. Good luck !

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My firm had me build a 3 statement model / DCF. No LBO

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I would just know what they are at a high level. What are the drivers of value in an LBO? How would you think about projecting revenues for xyz type of business? I have never heard of a sell-side shop having interviewees model as part of the process. Lateral hires are different, but we expect to train them anyways.

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Thanks for the advice everyone!

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