Resources
Investment banking interview resources
Free guides and practice material for investment banking interviews from Superday Room: 53 common questions with short answers, guides to the superday, the HireVue and the 2026–27 recruiting timeline, questions reported at 58 firms, and three practice tools.
Where are the interview questions?
53 questions with short answers, grouped by topic:
All 53 questionsEvery free question, grouped by topic, with links to the answers.
Accounting24 accounting questions banks ask, with short answers: the three statements, how they link, and walk-throughs like depreciation up $10. Practice each out loud.
Enterprise valueEnterprise value vs equity value, the bridge between them, which multiples pair with which, and a worked example. Short answers to the questions banks ask.
ValuationThe three valuation methods, which usually gives the highest value, how to calculate WACC, and what rising rates do to a DCF. Short answers to practice out loud.
DCFWalk me through a DCF, terminal value, Gordon growth, unlevered free cash flow and the mid-year convention, with a worked example and the mistakes to avoid.
LBOWalk me through an LBO, why sponsors use leverage, what makes a good LBO candidate, and a quick paper LBO. Short answers for investment banking interviews.
Merger modelWalk me through a merger model, why companies acquire, and the all-stock P/E shortcut, with a worked accretion/dilution example. Short answers for IB interviews.
BehavioralWalk me through your resume, why banking, why this bank, strengths, weaknesses and the classic story questions, with structures, examples and mistakes to avoid.
Brain teasersBrain teaser interview questions with worked answers: clock angles, 25 horses, three ants, burning ropes, plus mental math, stock pitches and market questions.
Which guides are there?
How each round works, and how to answer the questions that open most interviews:
How to become an investment bankerHow to become an investment banker from college: the degree, the summer internship, when banks recruit and the interview process, with sourced dates for 2026–27.
Investment banking interview tipsInvestment banking interview tips: how to structure an answer, how long to talk, what to do with a question you can't answer, and how to prepare for each round.
What is a superday?A superday is the final round of investment banking recruiting: several back-to-back interviews in one day. What happens, what they ask, and a 7-day plan.
Investment banking HireVue interviewsHow the HireVue video interview works in investment banking recruiting: the format, how banks like Goldman Sachs use it, the questions to expect and how to practice.
Investment banking recruiting timeline: the 2026–27 cycleWhen banks open summer 2028 investment banking internship applications, month by month, with dates from career offices and bank sites. Updated October 29, 2026.
Target vs non-target schools: breaking into investment banking from a non-targetWhat target, semi-target and non-target schools mean in investment banking, what really changes, and a sourced playbook for recruiting from a non-target school.
How to answer “Why investment banking?”A structure for the “Why investment banking?” interview question, a sample answer, what to avoid, and how to handle “Why our bank?” and “Why not consulting?”.
How to answer “Walk me through your resume”How to answer “Walk me through your resume” and “Tell me about yourself” in investment banking interviews: a 90-second structure, an example and what to cut.
How to answer “Walk me through a DCF”A 90-second answer to “Walk me through a DCF”, the five steps with formulas, a worked example, the follow-ups interviewers ask and the mistakes that cost points.
How to answer “Walk me through the three financial statements”A 60-to-90-second answer to “Walk me through the 3 financial statements”, how the statements link, a worked depreciation example and the follow-ups to expect.
Paper LBO: how to do one in your head, with six practice examplesHow to do a paper LBO in an interview: the five steps, a paper LBO IRR table to do in your head, and six worked practice examples with answers, from basic to harder.
What do individual banks ask?
1,790 questions candidates reported at 58 firms, with pages for 38 of them:
All 58 firmsHow many questions candidates reported from each firm.
Goldman Sachs97 questions reported
J.P. Morgan139 questions reported
Morgan Stanley112 questions reported
Bank of America126 questions reported
Citi92 questions reported
Evercore212 questions reported
Moelis & Company152 questions reported
Lazard88 questions reported
PJT Partners66 questions reported
Centerview Partners48 questions reported
Barclays52 questions reported
Deutsche Bank7 questions reported
UBS8 questions reported
Wells Fargo20 questions reported
RBC Capital Markets12 questions reported
Jefferies62 questions reported
Houlihan Lokey40 questions reported
Guggenheim Partners59 questions reported
Perella Weinberg Partners35 questions reported
Qatalyst Partners10 questions reported
Rothschild & Co27 questions reported
William Blair9 questions reported
Baird1 questions reported
Harris Williams3 questions reported
Lincoln International14 questions reported
Raymond James2 questions reported
Piper Sandler12 questions reported
StifelInterview guide
Nomura2 questions reported
Mizuho6 questions reported
Greenhill55 questions reported
LionTree36 questions reported
Gordon Dyal & Co.23 questions reported
The Raine Group13 questions reported
BMO Capital Markets9 questions reported
FT Partners9 questions reported
Allen & Company7 questions reported
DC Advisory5 questions reported
What do investment bankers earn?
Analysts in New York earned roughly $165,000 to $225,000 in total, base plus bonus, in Mergers & Inquisitions' 2026 report. The guide gives the ranges by year, with each source and its method:
Investment banking salary by yearInvestment banking pay by year and level, from analyst and associate to VP and MD: base, bonus and total ranges in New York from published reports, with each source.
Investment banking internship salaryWhat investment banking summer analysts earn: weekly and hourly rates from bank postings, analyst base pro-rated to a 10-week summer, by bank type, with sources.
What should you know about the job and recruiting?
What analysts do, the groups you can join, the hours, how banking compares with private equity, and the resume and networking emails that get you an interview:
Investment banking resumeHow to write an investment banking resume: one-page format, a free template, weak-to-strong bullet rewrites, skills, cover letters and non-target tips.
Investment banking cold emailHow to cold email an investment banker: subject lines, 3 short templates (alumni, no connection, thank-you), when to follow up and what to ask on the call.
Investment banking groupsWhat each investment banking group does, from TMT, FIG and healthcare to restructuring, M&A, ECM, DCM and LevFin, with the valuation and interview questions for each.
What is a CIM?A CIM (confidential information memorandum) is the sell-side marketing document buyers get after an NDA: what it contains, when it is sent, and who writes it.
Investment banking analystWhat an investment banking analyst does: models, pitch books, CIMs and diligence, the deal team, the skills banks list, and how the job maps to interview questions.
Investment banking hoursInvestment banking hours by level, live deals vs quiet periods, bank policies on protected weekends and 80-hour guidelines, a typical analyst day, and whether IB is hard.
Private equity vs investment bankingPrivate equity vs investment banking: the work, entry path, hours, pay and exits, plus consulting, corporate banking and wealth management vs IB.
Which free tools are there?
Three, and all work without an account:
IB Readiness CheckScore your recruiting preparation out of 100, with next steps.
Filler word counterFind the “um”, “like” and “I think” in an answer.
Answer lengthHow long each common answer should run.
How do other prep options compare?
Courses, coaching and AI mock-interview tools, next to Superday Room on format and price, from each company's own pages:
One by one: Wall Street Prep vs Superday Room · Final Round AI vs Superday Room · Yoodli vs Superday Room · Big Interview vs Superday Room · Superday AI vs Superday Room · Peak Frameworks vs Superday Room · Corporate Finance Institute (CFI) vs Superday Room · 10X EBITDA vs Superday Room · AskStanley vs Superday Room · OfferGoblin vs Superday Room · IB Flash vs Superday Room · Pretus vs Superday Room · AI mock interviews for investment banking.
Who makes these pages?
Superday Room, a web app for practicing investment banking interviews out loud, run by Sami Enterprises LLC. You answer a question by voice; it scores the answer from 0 to 10 on content, structure and delivery, shows what you missed, and gives your answer back, tightened. Superday Room isn't affiliated with any bank. How the pages are written and how the counts work →
Frequently asked questions
- What is Superday Room?
- Superday Room is a web app for practicing investment banking interview questions out loud: you answer by voice, and each answer is scored from 0 to 10 on content, structure and delivery. It shows what you missed and gives your answer back, tightened.
- Is Superday Room free?
- Any 5 questions are free with a free account (retakes included), and no card is needed. The Recruiting Season Pass is $39 (plus any tax) for 90 days: one payment, no auto-renewal. Every page in these resources is free.
- How does Superday Room score an answer?
- Content is checked against the answer key for that question. Structure and delivery are judged from your transcript: length, filler words, hedging, rambling, and whether you led with the answer. It's a practice score, not a prediction of how a bank will rate you.
- Is Superday Room affiliated with any bank?
- No. Firm names are used only to say where candidates reported questions.