INTERVIEW QUESTIONS: Ernst & Young, corporate finance, internship

Question:

How would you value a firm?

Student’s response:

Very open ended question but gave an opportunity to tell the broad basics.

Question:

How do you get the "risk-free rate"?

Student’s answer:

German Bunds, borrowing rates of major successful corporations.

Question:

Define beta without giving any formula.

Student’s answer:

Sensitivity of a firm to markets.

We cannot guarantee the authenticity of these questions nor the accuracy of the answers: they are what one candidate claims to have been asked by Ernst & Young and have not been verified by the bank. To visit our long list of all banks’ graduate interview questions in 2012, click here.