An entry level investment banking interview is around 30 minutes. If your interview last longer than this, it is a good sign.
If you feel comfortable throughout the process and feel like a friendly discussion rather than being interrogated.
The interviewer’s body language can tell his interest level in your story or if they are happy with your answers. It is a good sign if you can gain his full attention.
If the interviewer doesn’t ask you a lot of question and start telling you the benefit about the banks, it is a good sign that he wants you to work for them.
Probing for Competition
If you are being asked with which other banks you are interviewing and the progress, it is also a good sign. It is also a good chance for you to push and speed up the process a little, if you are in the final interviewing stage with another bank. However please make sure you are honest, as the investment banking world is small.
Anna Maria’s Thoughts on Investment Banking Interview
If you don’t know the answer to a certain question, either technical, fit or teaser, please don’t panic. Investment banks don’t expect to hire a finance guru for an entry role. You learn on the job. There are many other qualities they look for. Interviewers want to look for people who are devoted to the job, with the appropriate level of smartness and willingness to learn. More importantly they want to find someone whom they feel comfortable and happy to work with.
Investment Banking Interview