Investment Banking Interview Blog

Merger of equals explained: how exchange ratios are set, why the accounting still names an acquirer, and why the social issues quietly decide the deal.

SpaceX IPO explained: how the record $85.7 billion Nasdaq listing priced, the greenshoe math, thin fees, and how to use the deal in banking interviews.

GAAP vs IFRS differences that matter in investment banking: LIFO, development costs, IFRS 16 leases, impairment reversals, and the EBITDA trap in comps.

Investment banking target schools: the real US and UK lists, semi-targets named, a 20-minute self-diagnosis, and the recruiting playbook for each seat.

Investment grade vs high yield bonds: how ratings, spreads, covenants, and buyers differ, where the BBB- line sits, and what fallen angels mean for DCM.

How to be a top-bucket investment banking analyst: the ranking system explained, what staffers reward, and the first-year mistakes that sink your bonus.

Why M&A is booming in 2026: global deal value is heading for a record $4 trillion. The drivers, the megadeals, and how to discuss it well in interviews.

Minority interest and the equity method explained: how ownership stake sets the accounting, and why one is added to enterprise value and one subtracted.

A global AI sell-off rocks markets, the Iran truce frays as a ship is attacked, Micron posts a record memory quarter, and the IPO window stays wide open.

Lateral recruiting in investment banking: why analysts switch banks, timing windows and channels, how the interviews differ, and how to resign cleanly.

Dual-track process explained: how a company runs an IPO and an M&A sale in parallel to create leverage, why most end in a sale, and the costs involved.