I applied through college or university. The process took 2 weeks. I interviewed at Scotiabank (Toronto, ON) in May 2024
Interview
interview process was fairly smooth it was located in downtown toronto with 2 analysts. it felt very conversational and I enjoy how it was in person in toronto. 30 minutes of behaviorals and technicals
Interview questions [1]
Question 1
What is better a p/e of 15x or a p/e of 10x for the acquirer
They first ask you to do a HireView and then call you for an interview which is a mix of behavioral and technical questions. They also ask you about yourself and the company.
General behavioural questions, and some questions relating to the specific industry, in my case Energy IB. Otherwise all standard IB questions that you can find on the WallStreetPrep Red Book.
Interview questions [1]
Question 1
Why upstream oil and gas? What are your projection for oil?
First was a screening call with HR. Asked about my previous experience and why I was interested in the role. Next round was two half-hour interviews with two directors and an associate in each panel.
Interview questions [1]
Question 1
If company A has a higher P/E than company B, is the acquisition accretive or dilutive?