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(Note: Most of IB and S&T Questions Are Fair Game Too) : Equity Research Interview Questions
(Note: Most of IB and S&T Questions Are Fair Game Too) : Equity Research Interview Questions
(Note: Most of IB and S&T Questions Are Fair Game Too) : Equity Research Interview Questions
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What industry(ies) do you want to cover? Any preference for value or growth? What is the difference
between growth and value? What about GARP investing?
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36. There are several qualified people who are applying for this job. Why should we pick you? (ideally
this has been suggested/incorporated into your answer for question #1).
37. Tell me about a time when you had to take a stand, and were met with opposition to your view. What
was the outcome?
38. Why dont you want to work in Investment Banking? Consulting?
39. What can I tell you about my firm?
40. It is common practice to evaluate P/E ratio to determine if a stock is cheap. If you had no
comparable companies for a stock, how can you evaluate if a stock is cheap?
41. How would you justify the price that XYZ paid for ABC? Do you expect XYZ to be a good investment
in light of these acquisitions?
42. What makes a stock a good investment?
43. If you had to put ALL of your money in one stock and leave it there for 10 years, which stock would it
be and why?
44. Why are high P/E stocks more susceptible to major declines when interest rates increase?
45. We want people who have a passion for investing in stocks what have you done to demonstrate
you have this?
46. What was your best investment? Why what did you learn?
47. What was your worst investment? What did you learn?
48. If the fed hikes rates by 0.5%, what would you expect the impact to be on the market?
49. Difference between cyclical and growth industries, and how they are affected by external factors.
50. Where do you see the market in 5-10 years and what leads you to believe so?
51. What is P/E and how would you use it to compare companies?
52. Where is the NASDAQ, and what has it done over the last year?
53. Where is the Dow, and what has it done over the last year?
54. Where is the S&P 500, and what has it done over the last year?
55. Where is the Russell 2000, and what has it done over the last year?
56. Where is the dollar vs. the yen?
57. Where is the dollar vs. the euro?
58. What is the overnight rate?
59. What is the 10 year T-Note rate?
83. Being a successful analyst requires one to have three different silos of skills: sales/communication
skills, analytical skills, and writing skills. If you were to come in to XYZ firm, which of these skills
would you lead with?
84. What is the main reason that stocks go up or down?
85. Why dont you give me your outlook on the economy and the stock market?
86. Lets talk about interest rates, what do you think will happen to them over the next year?
87. If interest rates were to go, which sectors do you think would benefit, and which would stand to lose
88. If you were to get a job here, what would be your dream sector and why?
89. How would you compare XYZ firm to other firms on Wall Street?
Potential questions to ask/thoughts to think about: