Technical Interview Study Guide

Knowing what a DCF is and being able to walk someone through one are different skills.

Technical rounds test the latter.

This guide covers the concepts a finance technical interview draws from — valuation, financial ratios, M&A, and accounting — and includes the exact step-by-step walkthroughs you’ll need to master for the day of.

  • Valuation — the DCF, start to finish, terminal value, and the enterprise-to-equity bridge

  • Financial ratios — liquidity, profitability, efficiency, solvency, and DuPont

  • M&A — accretion/dilution, synergies, buyer types, and how an LBO differs

  • Accounting — how the three statements connect

  • Walkthroughs — how to explain a DCF and an LBO

If you'd like someone to work through the harder parts with you, book a free consultation with one of our Wall Street insiders!