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Tracks / Investment banking

Investment banking technical practice.

The accounting questions every banking interview asks, as a ladder. Start with the three statements, then walk a change through each one and make the balance sheet balance.

Start the investment banking interview →Free · about 15 minutes · type or talk
MWMarcus Webb · Vice president

“Depreciation goes up by $10. Walk me through the three statements.”

The format

Five questions, each harder.

  1. 01The three statements●●●●●Warm-up
  2. 02Income statement●●●●●Core
  3. 03Cash flow●●●●●Harder
  4. 04Balance sheet●●●●●Hardest
  5. 05Debt-funded purchase●●●●●Stretch
What you're scored on

What the interviewer listens for.

  • 01Naming which statement you're on
  • 02Tax effects on every line
  • 03Cash versus non-cash items
  • 04A balance sheet that balances
Beside the interview

Tools for this track.

  • Statement sheetFill in each line of the three statements and see if it balances.
  • Maths scratchpadType working line by line and see each one worked out, or sketch with a trackpad or pen.
Read first

Guides for this round.

  • 7 min readHow to practise case interviews on your own: a two-week planRead →
  • 7 min read“Depreciation goes up by $10”: walking through the three statementsRead →
  • 7 min readHow to pitch a stock in a hedge fund interviewRead →

Your first interview in this track is free. Start here.

Start now →