First round, simple behavs, not many hard technicals and talked about industry trends, and why power utilities. 1 analyst was the interviewer. Didn't make mistakes but also didn't advance to the next round.
Other Investment Banking Summer Analyst Interview Reviews for Houlihan Lokey
the interview was heavy technicals and not much behaviorals. But their technicals were unique in a sense that it is not on the guide. It is an open ended question that i have never heard of.
Largely technicals and a few behaviorals. Know the M&I 400 and have a very solidy "why x group." Interviews are group specific and you won't get someone you networked with.
Interview questions [1]
Question 1
Why Houlihan Lokey?
Why Investment Banking?
Why x Group?