Month of Interview:
February
Industry Detail:
Equity Research
How long did the interview process last?:
Less than 1 month
1st Year Analyst
Group/Division/Type:
Equity Capital Markets
What did the interview consist of?:
Phone Interview
1 on 1 Interview
Group Interview
How did you get the interview?:
Employee Referral
What were the most difficult or unexpected interview questions asked?:
The interviewer asked a lot of technical questions at the very end. Such as:
-Run me through a DCF - I nearly muffed and screwed up on this one but recovered quickly. Just be sure to explain how to estimate the revenue and justify why you select your discount rate (higher vs lower)
-Are there any healthcare deals you've been looking at, what comps would you look for for x healthcare company?
-How would you value you a private, small, healthcare research company?
-How do you value a biotech company with no Revenue?
No votes yet
Overall, how would you describe your interview experience?:
Positive
Please describe the interview / hiring process.:
Pretty standard interview process took 2 weeks. First talked to HR for phone screen, then talked to analyst. Asked to walk through resume and pitch stock in the healthcare space. I chose to pitch an HIV drug
Overall, how difficult was the interview?:
Average
Official Undergrad School Name:
Overall Undergrad GPA:
4.4
Undergrad Class Year (or expected):
2012
Degree 1:
BBA
Major 1:
Accounting
Varsity Athlete:
No
Millitary Program (ie. ROTC):
No
Race:
African American / Black
Hispanic, Latino or Spanish Origin
Sex:
Male
Outcome of Interview:
Accepted Offer
Year of Interview:
2018
Why did you choose to decline the offer? (optional):
I chose to take the offer because the compensation was great and the culture is really dynamic
How did you answer each of these questions (please be specific)?:
For the DCF one, I talked about the different drugs in the pipeline and what the peak sales would be. Then I scaled each year before it, and then applied the discount rate, to get a sense for the overal cash flow. I stuttered and stumbled a few times when trying to select the proper discount rate
For the healthcare deals question, I gave the example of the Celgene acquistion of Juno Therapeutics. I referenced their closest competitor, Kite, as a comparison. They got bought by Gilead for a couple billion.
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