Straight technical questions from the start after tell me about yourself. Technicals focused on EBITDA multiples, DCF assumptions, and multi-step accounting. Focus on learning the concepts versus memorizing questions. Use Wall Street Prep videos or other detailed interview guides.
I applied online. The process took 5 weeks. I interviewed at Deutsche Bank (New York, NY) in Oct 2023
Interview
One online assessment, one round interview with associate/VP, two rounds back to back with MD/D for superday. Standard IB SA questions, nothing surprising technical wise. MD grilled on why IB for a while
I applied through college or university. The process took 8 weeks. I interviewed at Deutsche Bank
Interview
First round is a phone call interview. The experience was quite nice. Half of the questions were fit followed by technical questions. The difficulty was reasonable.
After that you get a straight invitation for the AC, there are 3 individual interviews followed by a group assignment.
Interview questions [1]
Question 1
Calculate EPS for a company (simplified), you can use a paper