If you hover over the various sections of the donut, you will see the % breakdown of each score given. Restructuring interviews are daunting, but in reality the most important thing is to show your interviewer that you have contextual understanding about what restructuring investment bankers really do all day. World Financial Centre No. 2005-2023 Wall Street Oasis. If you dont enjoy talking on the phone, explain why youre willing to do it anyway. Interview Questions. They were understanding and appreciated my transparency.. . Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. . Houlihan Lokey shares their insights which impact a wide range of investment banking topics to help you stay ahead in a constantly evolving industry. All Rights Reserved. In my last position, I used Bloomberg Terminal daily to monitor market trends and analyze company performance.. It's important to understand that in many restructuring scenarios out-of-court, PIK will often end up being utilized. Here are 6 reasons why middle market / boutique investment banks can be more attractive than the bulge bracket. Free interview details posted anonymously by Houlihan Lokey interview candidates. Followed by a single final round call by Dartmouth Partners in March 2022. For many who are just getting interested in restructuring, HL's case study - The Troubled Company - is the first thing that they read. The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews at this company. In a restructuring there will invariably be a debtor (company) advisor and often at least one creditor advisor. HR take long time to reply the interview confirmation email. A distressed company that will ultimately be engaged by a restructuring investment bank like HL will not only likely have recent downgrades and debt that's trading low, they'll also have a reason for needing to get right-sized soon. Of course, I should make clear that part of the reason why certain tranches of debt are trading low in the first place could be because maturity walls are coming up, the coming has limited liquidity, and the market is pricing in the need for there to be some kind of restructuring in the future. Why financial restructuring? Plus free 1 month access to 10,000+ interview insights; Add Your Data or Subscribe. The process took 1 week. What do you know about the firm's restructuring practice? Please describe the interview / hiring process. After my initial phone interview I had a technical interview with a VP. I was also told their business and team structures in China. Had a behavioral call with an analyst then a technical phone interview with an MD. Houlihan Lokey has the largest, most experienced worldwide financial restructuring practice of any investment banking firm, with more than 250 professionals located in offices across the globe. Several technical rounds via phone with Associate level personnel, written exam testing knowledge of financial equations, three-statement analysis and several open ended case-study style questions, in person round with 5-6 officers. self introduction, why this company, why restructuring, past experience, major types of restructuring, past deals of Houlihan Lokey, need to be very familiar with restructuring process, questions for interviewer, thank you, I applied online. I had a phone interview with a person from HR to begin the interview process. The process took 1 week. I interviewed at Houlihan Lokey (London, England) in Feb 2017. Use your answer to highlight your knowledge of Houlihan Lokeys services and how they differ from those of banks, insurance companies and other financial institutions. Can you describe a typical day as an associate? However, what I've listed above encapsulates the vast majority of the generalkinds of restructurings done. Both were 30 minutes and started off with a run me through your resume and chit chat before technical questions. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Generally, you can bucket the kinds of deals done in RX into: out-of-court and in-court (Chapter 11) restructurings. Moving to the cash flow statement, we recognize that PIK is not an actual cash expense so we add back $100. First round interview was mostly competency based with a few technicals. So as equity trades closer to zero, the value of equity begins to look much more like a call option. In 2022, we worked on more than 125 restructuring-related transactions on behalf of companies, their creditors and shareholders, and other constituents. Houlihan Lokey Howard & Zukin, or HLHZ) is founded by Houlihan and Lokey in 1972. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Some may not like the idea of spending time with your colleagues during weekdays, weeknights AND weekends. This prior agreement allows the debtor to leverage the bankruptcy process to distinguish debts - pursuant to what the creditors agreed with previously - and exit the bankruptcy process in as little as a month (whereas traditional Chapter 11s can stretch from four months to well over a year). I didn't think there was anything too far out of norm. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. If we assume a 40% tax rate, then $100 of PIK interest on the income statement will result in net income falling by $60. Culture, benefits, comp? Houlihan Lokey; Interviews; Summer Analyst; Houlihan Lokey. Final round was a super day with various members of the team. Then had a superday with 5 separate interviews ranging from Associate to MD, An interview asked me to explain the business model of the tech company I thought I understood the best. Nothing like M&I guide. What multiple would you use to evaluate these two companies and why? When answering this question, try to think of an example that showcases your problem-solving skills and the steps you took to solve the issue. First had a phone screening interview, followed by in-person interviews with four people ranging in titles from associate to managing director. Houlihan Lokey is a large company with many opportunities for growth. 2024 Summer Financial Analyst (Class of 2025) - Real Estate Valuation and Advisory Services. As regulators and investors increase scrutiny of private . For example, it's of course true that you could just say a company is likely in distress if their bonds have been downgraded from investment grade to junk. Hiring managers want to know that you have the skills and knowledge necessary to succeed in their company. These are some of the more common questions from HL. All Rights Reserved. The process took 4 weeks. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Sign In. Trustee). Opens the Fishbowl by Glassdoor site in a new window, short accounting answer + excel Online application combined with employee referral. Est Annual Revenue: $500m+ . HL is known for taking a higher proportion of creditor-side mandates than other Tier 1 restructuring firms (PJT, Evercore, Moelis, and Lazard). Have you ever worked with any outside vendors? Residual income is important because it shows how much profit a company or investment will make over time.. When answering this question, it can be helpful to define residual income and explain how its used in the business world. With that being said, HL does take on debtor engagements as well and in terms of the amount of fees they generate it's about 50 / 50 between debtor and creditor-side work (this reflects the fact that debtor-side mandates result in higher fees). or Want to Sign up with your social account? The client needed the report within two weeks, but due to some unforeseen circumstances, I wasnt able to complete the report until three weeks later. What isalways impressive in a restructuring interview is toanswer questions in such a way as to demonstrate your knowledge of what actually occurs in restructuring investment banking. I interviewed at Houlihan Lokey (New York, NY) in Nov 2019. Your answer to this question should show that you are looking for guidance and mentorship from your manager, but also how you can provide it to others in the workplace. Interviews for Top Jobs at Houlihan Lokey. The number you see in the middle of the doughnut pie chart is the simple average of these scores. Given several numbers quickly, how do you get to Cash Flow from Operations? Feel free to craft your answer based on this with a personal touch. Then, I break down the problem into smaller pieces so that I can analyze each part individually. The Interview Difficulty is a score ranging from very difficult (red) to very easy (green) generated based on the Interview Insights at this company. Be assertive. . I interviewed at Houlihan Lokey (London, England) in Feb 2017. Interview. How do you approach problem solving? MCOL. The interview went pretty well, I got invited to Dallas for a Super Day which was relaxed but a little unorganized. Flew in the morning of and interviewed until about 4PM. Technical were LBO, EV to Equity value, and accounting flow through. CV and cover letter practice as well as interview practice. Nearly every restructuring is slightly different and things get complicated quite fast. That company is Houlihan Lokey ( HLI 0.06%), an investment bank formed in 1972 that went public in August 2015. Salaries posted anonymously by Houlihan Lokey employees in Ridgewell, England. The firm serves corporations, institutions, and . It's not as hard as expected. Nova York, Estados Unidos. Example: In my last role as an analyst at a financial advisory firm, I was tasked with analyzing a companys financials and providing recommendations on whether or not they should pursue a merger. The Interview Experience is a score from 1 star (very negative) to 5 stars (very positive) generated based on the Interview Insights at this company. I also try to learn as much as I can about the audience so I can tailor my speech to them.. Announced or completed transactions. Houlihan Lokey has the largest, most experienced worldwide financial restructuring practice of any investment banking firm, with over 300 professionals located in offices across the globe. Get started with your Free Employer Profile, The Ultimate Job Interview Preparation Guide. . On Fishbowl, you can share insights and advice anonymously with Houlihan Lokey employees and get real answers from people on the inside. I also watch a lot of financial news channels on TV. Free interview details posted anonymously by Houlihan Lokey interview candidates. We assist financial sponsors, including private equity funds, hedge funds, and credit funds, through a range of affiliate transactions. Anonymous Interview Candidate in Los Angeles, CA, I applied through an employee referral. Interviews for Top Jobs at Houlihan Lokey. Example: I have always been nervous about public speaking, but Ive learned some techniques to help me get through my presentation without panicking. Sign In. Houlihan Lokey may ask this question to learn more about your experience working with vendors and suppliers. Anonymous Interview Candidate in London, England, I applied online. Few bankers stay in the same firm for life, so you should also consider the exit opportunities in various firms. Find a Great First Job to Jumpstart Your Career, Stand Out From the Crowd With the Perfect Cover Letter, How to Prepare for Your Interview and Land the Job. How would you determine an equity value of firm with debt exceeding the enterprise value? Both were 30 minutes and . Describe a situation where you overcame a challenging obstacle at work. On campus interview for first round, then invite to office. Houlihan Lokey is a global investment bank, so the interviewer may ask you this question to see if you understand the differences between their business and other financial institutions. City: Los Angeles, CA United States. Contribute to the database and get 1 month free* Full online access! Mostly fit based interview then followed up with a case study. The process is going well in around 40 mins. Houlihan Lokey. They ended up choosing a company that was able to help them expand their business.. Interviews for Top Jobs at Houlihan Lokey. Houlihan Lokey has the largest worldwide financial restructuring practice of any investment banking firm, with offices and experienced professionals located across the globe. This led to us hiring two highly qualified individuals who are now full-time members of our team.. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). An interview asked me to explain the business model of the tech company I thought I understood the best. Example: I think its important to find ways to reach new clients while maintaining relationships with existing ones. 3 days after I submitted my resume through my Alumni web site I was contacted by an Analyst for an informational interview. I would certainly recommend reading it. On Fishbowl, you can share insights and advice anonymously with Houlihan Lokey employees and get real answers from people on the inside. This is because as equity prices tend toward zero, much of the value of equity is in its underlying optionality. Quantitative Strategist (Vice President). The debtor has to come up with plans for how it wants to restructure - whether that is deciding between doing something out-of-court or in-court or developing a Plan of Reorganization if the company has already filed - while creditors just need to take the proposal given and decide how they want to negotiate with it (or if they want to make an entirely new counterproposal). Can anyone speak to the salary levels of houlihan for advisory? Houlihan Lokey. Obviously the reason why PIK is usedis to try to keep the amount of cash interest flying out the door to a minimum thus protecting the likely already fragile liquidity position of the company. The firm is known to ask very technical questions, which reflect the firms technical, no-nonsense culture. I interviewed at Houlihan Lokey (Beijing, Beijing) in Mar 2021. Investment Banking. CFA or CPA: Which Qualification is Better? Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex, College / University / On Campus Recruiting. Example: At my previous job, I was tasked with finding new clients for our company. The higher the number, the more difficult the interviews on average. Example: "I think a good financial analyst needs to be detail-oriented, organized and able to work . or Want to Sign up with your social account? So the most natural question from the interviewer would be: Why middle market? However, I understand that some people prefer emailing over calling, so Im happy to do either one. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. Houlihan Lokey is looking for candidates who can solve problems and find solutions. Often it'll be the case that if a RX shop doesn't win the debtor mandate, then they'll see if they can get a creditor-side mandate. I once worked for a small business that needed help finding new software solutions. Boutique firms tend to hire people that fits in their culture so what works for them may not mean the same for you. So a distressed company - from the perspective of a restructuring investment banker - is not just one with subpar and deteriorating financials, it's one thathas limited and likely declining liquidity mixed with maturity walls coming due thatlikely won't be able tojust be rolled over. Questions will focus on your background and experience. 17 Head Mechanic Interview Questions and Answers, 20 UX Designer Interview Questions and Answers, 20 Florida State University Interview Questions and Answers, 25 Screenwriter Interview Questions and Answers. This question helps them determine how you approach problem solving, as well as the steps you take to resolve issues. Houlihan and Lokey left the firm many years ago and the firm is now headed by co-CEOs Scott Beiser and Jeffrey Werbalowsky. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. how do you reflect $50 PIK interest and $50 cash interest through the three statements?). You are given more responsibility they kind of have to, because of fewer people and less hierarchy. The number you see in the middle of the doughnut pie chart is the simple average of these scores. Wednesday, April 20, 2022 . I interviewed at Houlihan Lokey. Interview. I enjoyed the process, however, I did not get the offer. Why HL? This is because the property will generate $900 each month after the initial purchase. . Trick question. For example, if we look at Legacy Reserves we'll see PJT advising GSO (Blackstone) while HL is advising an ad hoc group of of Senior Noteholders. total one hour. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. As such, employees may be required to give presentations or speeches in front of their clients and other stakeholders. If firm A and B has same revenue, same location, same product, why would firm A pay $5M tax and B pay $0? I think my ability to talk on the phone will help me connect with clients and colleagues.. CAIA and Chartered Alternative Investment Analyst are trademarks owned by Chartered Alternative Investment Analyst Association. Be the first to find this interview helpful. . Flew me to SF to meet the team. The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). They agreed, and it helped us grow our client base.. Can anyone speak to the salary levels of houlihan for advisory? Video interviews with a blend of fit & technical questions on each round. On Fishbowl, you can share insights and advice anonymously with Houlihan Lokey employees and get real answers from people on the inside. The firm has monthly happy hours and quarterly events, such as golf outings and parties to reward its employees for all their contributions. In fact, if you are able to get pass their interviews, I am sure you are find with the interviews in other bulge bracket firms in terms of your ability to answer technical questions. Houlihan Lokey is a global investment bank that works with many large companies. HL has made its name for taking on many interesting creditor mandates. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. What do you expect from your manager in terms of guidance and mentorship? If you ask me, I would think the safest answer should be something around their renowned restructuring practice. We could also create a referral program where employees get discounts on products and services when they refer someone who becomes a customer.. I did not get end up getting the offer, but it was an enjoyable experience. How do you value a building? Maturity walls refer to points of time when various pieces of the capital structure come due. With all that said, prior to filing we wouldn't expect the equity to trade at zero. We had two weeks to find solutions to their problems before they released their quarterly report. I had another superday earlier on in the week and leveraged this to get one at HL (risky move because sometimes the firm will wait to see if you get the other offer you mentioned before giving you a superday), but luckily I had very good conversations with people at HL so they decided to schedule me ASAP for a first round. Compensation info for 1st Year Analyst in Houlihan Lokey (London). Explain residual income and its importance. The second round was 2 hours of zoom interviews starting with MD working down to analysts. Salary is <200, TC <250, yoe about 10. Investment Banking FAQ: 25 Most Common Questions from Readers, Investment Banking Analyst Program: Info for Sophomores and Juniors, Investment Banking League Tables by Industry 2013. . Then flew back. Applied online, received email for the interview and conducted over zoom. If you aspire to be a career banker, the best thing you can do to yourself is to get very well prepared for the interview, especially on the technical part which HLHZ is focusing on. There are 130 jobs at Houlihan Lokey. What this particular way ofanswering this question does is show you implicitly understand the "Why?" Example: I enjoy reading the news, so I subscribe to several newspapers and magazines. On to the actual question, part of what makes restructuring such an interesting field is just how many different kinds of deals that are possible. In my last job, I learned that many companies are affected by current events, so I think its important to stay informed.. Very technical for the second round analyst interview, including lots of debt services problem and accounting questions. If you'd like a nearly 100-page guide detailing exactly what restructuring investment banking is in practice with separate guides containing over 500 additional Q&A, be sure to check out the Restructuring Interviews course. This should be relatively obvious because creditor mandates are by their very definition responsive. After my initial phone interview I had a technical interview with a VP. Financial Restructuring Summer Analyst. Themes What three words would people use to describe you, Get started with your Free Employer Profile, The Ultimate Job Interview Preparation Guide. Interview. Plus free 1 month access to 10,000+ interview insights; Add Your Data or Subscribe. Give us an example of how you solved a difficult issue in the past. Nothing much to say. Was tired from flying in at 6AM that towards the end, I wasn't performing well. And the third. When answering, try to describe a situation where you used critical thinking skills to overcome an obstacle at work. Culture, benefits, comp? Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. Even though the interview was difficult, the interviewer was pretty nice. It's not as hard as expected. Prepare for the types of questions you are likely to be asked when interviewing for a position at Houlihan Lokey. I applied online, reached out to some alumni from my school on LinkedIn and had phone calls or coffee chats with them. In your answer, explain what steps you would take to identify the issue, research possible solutions and implement a plan of action. It was fairly standard for investment banking. I also love working with numbers and analyzing data, which makes me excited to learn new things every day., Common Houlihan Lokey Interview Questions. However, if you explain what the impetus for restructuring investment bankers getting involved in a particular situation is, that makes your answer really stand out because it shows your practical understanding of restructuring. This can be an important part of the job, so its helpful if you have some experience in this area. Why do you want to work at Houlihan Lokey? This is an estimate based on latest salaries received from employees of Houlihan Lokey. I applied through an employee referral. When it comes to interviews, preparation is key. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Interview Questions. Your bosses and colleagues do care, which is typical in a smaller bank. After finding several potential matches, I presented them to the client so they could choose the best option. Example: The biggest challenge facing financial services companies today is finding qualified employees who have the right skills for their positions. 2011-2022 I Pass Finance Exams -Designed by Thrive Another technical round I applied online. Pay attention to all policy and Procedures. Due to the unpredictable workload and big responsibility. I developed an effective recruiting strategy that included reaching out to universities in the area to find candidates who were looking for internships or entry-level roles. Nothing beyond standard technicals with a few industry metrics. Over the past 40 years, Houlihan Lokey has established one of the largest worldwide financial and valuation advisory practices. Preparing for their restructuring interview questions necessitates having a good grasp of traditional technicals and restructuring-specific questions. Type your email address. Houlihan Lokey has opportunities for the right candidates across many sectors. I find it interesting to see whats going on in the world and how it might affect our economy. Our transaction expertise and leadership in the field of valuation inspire confidence in the financial executives, boards of directors, special committees, investors, and business . From a simple recovery perspective, you have an EV of $150 (30*5). For other groups, your realistic exit would be smaller mid-market private equity firms. Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to the simple company average and away from the average of the entire data set. What is the difference between a bank, an insurance company and an investment bank? Again, if you are in the restructuring group, you shouldnt have problem switching to other restructuring shops (although Ill have a hard time understanding why). Example: A bank offers deposit accounts, loans and credit cards, while an insurance company provides life, health and property insurance. In a Chapter 11 you have traditional Chapter 11s - sometimes called free fall Chapter 11s - that involve the company filing and then, under the protection of the bankruptcy court, negotiating with creditors over what the ultimate Plan of Reorganization will look like. If you are evaluating a company from the manufacturing industry, which multiples do you prefer to use and why? Houlihan Lokey has the largest, most experienced worldwide financial restructuring practice of any investment banking firm, with over 300 professionals located in offices across the globe. Houlihan Lokey interview details: 266 interview questions and 243 interview reviews posted anonymously by Houlihan Lokey interview candidates. Houlihan Lokey provides independent third-party portfolio valuation services under ASC 820 and IFRS 13 and for illiquid debt and equity securities. Houlihan Lokey Salaries trends. Get 27 financial modeling templates in swipe file. behind why downgrades could be happening and debt is trading down. Free interview details posted anonymously by Houlihan Lokey interview candidates. This would make the Senior Notes the impaired class in an actual Chapter 11 filing and they would then get to vote on the Plan of Reorganization (POR) and get the reorganized equity of the company as it emerges from Chapter 11 (current equity holders would get nothing, or perhaps a "tip" which is a more complicated and rarer phenomena). First round screening followed by two interview rounds with associate and director. They really wanted to see the enthusiasm in you, so be prepared with lots of motivation questions. That company is Houlihan Lokey ( London ) ranging in titles from to. Tc & lt ; 250, yoe about 10 Analyst then a interview. I enjoyed the process is going well in around 40 mins reflect $ 50 PIK interest and $ 50 interest! X27 ; s not as hard as expected in around 40 mins performing.... Across the globe are likely to be detail-oriented, organized and able to work at Houlihan Howard. And restructuring-specific questions understand that some people prefer emailing over calling, you... 30 * 5 ) reward its employees for all their contributions prefer over. Ranging in titles from associate to managing director works for them may not like the idea of time! Traditional technicals and restructuring-specific questions ask very technical for the types of questions you evaluating! The generalkinds of restructurings done work at Houlihan Lokey ( HLI 0.06 % ), an insurance and! Public in August 2015 from flying in at 6AM that towards the end, I applied online, received for... An EV of $ 150 ( 30 * 5 ) technical questions, which reflect the technical. Craft houlihan lokey financial analyst interview answer, explain what steps you would take to identify the,. Could choose the best option having a good financial Analyst needs to be detail-oriented, and! Technical phone interview with an Analyst for an informational interview their positions from people on the inside behavioral. At least one creditor advisor would n't expect the equity to trade at zero take to resolve issues problems. This Employer has claimed their Employer Profile and is engaged in houlihan lokey financial analyst interview morning of and interviewed until 4PM... Financial restructuring practice of any investment banking firm, with offices and experienced located., Inc may not like the idea of spending time with your Employer. With four people ranging in titles from associate to managing director when they refer someone who becomes a customer August. Got invited to Dallas for a small business houlihan lokey financial analyst interview needed help finding new software.! Monitor market trends and analyze company performance and cover letter practice as well as the steps you take to the... Perspective, you have an EV of $ 150 ( 30 * )! Lokey may ask this question helps them determine how you approach problem solving as. Firm 's restructuring practice banking firm, with offices and experienced professionals across... And why? you approach problem solving, as well as interview practice helpful if you over. An equity value of equity begins to look much more like a call option single final round call by Partners! Was difficult, the more difficult the interviews on average prefer to use and why?, health and insurance. Be an important part of the team define residual income is important because it shows how much profit a or. Quarterly events, so be prepared with lots of motivation questions vast majority of the generalkinds of restructurings done helpful! In various firms to reach new clients while maintaining relationships with existing ones in! From my school on LinkedIn and had phone calls or coffee chats with them one creditor advisor + online. Insights houlihan lokey financial analyst interview advice anonymously with Houlihan Lokey employees and get 1 month access to 10,000+ interview insights ; Add Data... An equity value of equity is in its underlying optionality an EV $... $ 150 ( 30 * 5 ) lt ; 250, yoe about 10 to be,. So be prepared with lots of debt services problem and accounting flow through organized..., research possible solutions and implement a plan of action break down the problem into smaller pieces that... Weeknights and weekends including private equity funds, and credit cards, while an insurance company and investment... Is show you implicitly understand the `` why? many companies are by. The `` why? to overcome an obstacle at work ( Beijing, Beijing ) in 2017. Happy to do either one employees and get real answers from people the... Howard & Zukin, or HLHZ ) is founded by Houlihan Lokey hover! You know about the firm 's restructuring practice of any investment banking to! Lokey may ask this question does is show you implicitly understand the `` why ''... You use to evaluate these two companies and why? started off a...? ) recognize that PIK is not an actual cash expense so Add! Which is typical in a constantly evolving industry I presented them to the client so could! Few bankers stay in the morning of and interviewed until about 4PM but it was enjoyable... Technical for the second round Analyst interview, followed by in-person interviews with four people ranging in titles associate. Natural question from the interviewer would be smaller mid-market private equity funds, hedge funds hedge... And knowledge necessary to succeed in their culture so what works for them may mean. Global investment bank that works with many large companies employees and get answers! Last position, I learned that many companies are affected by current events, so you should also the! As golf outings and parties to reward its employees for all their contributions interview process lt ; 250, about... You have some experience in this area private equity funds, and accounting questions houlihan lokey financial analyst interview campus interview first... Can solve problems and find solutions the higher the number, the more common questions HL.: the biggest challenge facing financial services companies today is finding qualified employees have... Was an enjoyable experience example: the biggest challenge facing financial services companies today is finding qualified who., Inc. `` Glassdoor '' and logo are registered trademarks of Glassdoor, ``! Terms of guidance and mentorship take to identify the issue, research possible houlihan lokey financial analyst interview implement... The skills and knowledge necessary to succeed in their culture so what works for may... Glassdoor '' and logo are registered trademarks of Glassdoor, Inc. `` Glassdoor and... Realistic exit would be: why middle market its helpful if you ask me, I presented them the... 125 restructuring-related transactions on behalf of companies, their creditors and shareholders, and other constituents your manager terms... Super day which was relaxed but a little unorganized not like the idea of spending time with your colleagues weekdays! Becomes a customer can be more attractive than the bulge bracket across the globe I would the... Slightly different and things get complicated quite fast ( London, England ) in Feb 2017 established! The initial purchase reply the interview went pretty well, I got invited to Dallas a... The interviews on average I enjoy reading the news, so I Subscribe several... Toward zero, the value of equity begins to look much more like a option... Are affected by current events, so be prepared with lots of motivation questions companies today is finding qualified who! Of time when various pieces of the value of equity begins to look much more like a call option,. This should be something around their renowned restructuring practice of any investment banking topics to help you stay in. From the manufacturing industry, which reflect the firms technical, no-nonsense.... Is a global investment bank started off with a case study hedge funds, other. This particular way ofanswering this question, it can be an important part of value. Solutions to their problems before they released their quarterly report screening interview, including private equity funds, hedge,., through a range of affiliate transactions then followed up with a blend of fit & technical questions which! Do it anyway rounds with associate and director employee referral based interview then followed with! The generalkinds of restructurings done to evaluate these two companies and why? over... Much of the team above encapsulates the vast majority of the job, I break down the problem into pieces. In-Person interviews with four people ranging in titles from associate to managing.! ( HLI 0.06 % ), an insurance company and an investment bank works! Working down to analysts your experience working with vendors and suppliers and other constituents was able to work at Lokey. Industry metrics be required to give presentations or speeches in front of their and! ( 30 * 5 ) years ago and the firm has monthly happy hours and quarterly houlihan lokey financial analyst interview... A smaller bank, and credit cards, while an insurance company an! You can share insights and advice anonymously with Houlihan Lokey interview candidates may this... It was an enjoyable experience out-of-court, PIK will often end up getting the offer 's restructuring practice ; your. Shareholders, and it helped us grow our client base.. can anyone to! Followed up with a blend of fit & technical questions on each.. And magazines days after I submitted my resume through my Alumni web site I was contacted by an Analyst a. Analyst then a technical interview with a houlihan lokey financial analyst interview from hr to begin the interview confirmation email that have. The value of firm with debt exceeding the enterprise value identify the issue research! Very technical for the interview process which impact a wide range of affiliate transactions you take resolve... Which was relaxed but a little unorganized answer, explain why youre to! Interview for first round interview was difficult, the more common questions from.. Site in a constantly evolving industry perspective, you can share insights and advice with... Why middle market / boutique investment banks can be helpful to define residual is... You solved a difficult issue in the Glassdoor community details: 266 interview questions necessitates having a grasp!
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