IB Interview Questions

Today, we'll share a guide that will help you prepare for your IB interview.
The guide features:

I. Mergers & Acquisitions Concepts:

Definition of M&A and differences between mergers and acquisitions.
Motivations for pursuing acquisitions.
Discussion on a recent M&A deal, including preparation tips.
Comparison of premiums offered by strategic acquirers vs. private equity buyers.
Methodology for conducting a premium paid analysis.
Overview of auction structures and negotiated sales.
etc...

II. Accounting Questions:

Purpose of US GAAP.
Main sections of a 10-K and differences between 10-K and 10-Q.
Explanation of the three financial statements.
Detailed analysis of the income statement and balance sheet.
Discussion on assets, liabilities, and equity.
etc...

III. Valuation Questions:

Explanation of present value and its relevance to company valuation.
Definitions and calculation methods for equity value, fully diluted shares, enterprise value, and the transition from enterprise to equity value.
Discussion on net debt and its inclusion in enterprise value calculation.
Differences between enterprise value and equity value, and scenarios of negative net debt or enterprise value.
etc...

IV. Corporate Finance Theory:

Present value and its relevance to valuing companies.
Equity value definition and calculation method.
Fully diluted shares outstanding computation.
Enterprise value definition and calculation.
Rationale for including net debt in enterprise value calculation.
Difference between enterprise value and equity value.
Discussion on negative enterprise value and its implications.
etc...

To grab your copy:

Want to save hundreds of hours and access all our insider content at once ⬇️ ?

We’ve sent 610 to LBS, 620 to INSEAD, and a 650 to HEC. If you're ready to take the next big step to securing your future, you can book a call with us & share our newsletter for more regular free content !

The MIM Prep Team