Junior investment banking interviews are relatively standard, with most banks asking a mix of behavioral and theory questions. That said, each firm tends to concentrate on different forms of qualitative and quantitative analysis. Below are questions that have been asked of entry-level investment banking candidates at Royal Bank of Canada, which is one of the many firms that are hiring junior bankers as part of their growth plans. They were collected by students who've interviewed there recently.
In fact, Financial News is reporting that RBC is in the process of making another big investment banking push, this time in Europe. The firm’s capital markets team is looking to hire advisors and equity research analysts across healthcare and telecoms, media and technology, as well as other spaces, according to the report. Developing insightful answers to the questions below certainly couldn’t hurt. They were asked of US candidates, but are likely applicable on both sides of the pond.
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