Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial . The process took 2 weeks. Houlihan Lokey (a.k.a. I interviewed at Houlihan Lokey (New York, NY) in Nov 2019. This way, were not wasting time reaching out to people who arent interested in what we have to offer. Give us an example of how you solved a difficult issue in the past. They weren't that hard, but it was awkward. Questions will focus on your background and experience. or Want to Sign up with your social account? The process took 4 weeks. Had a follow-on interview where I had to give a presentation on a recent M&A deal. I find it interesting to see whats going on in the world and how it might affect our economy. I applied through college or university. It's not as hard as expected. They want to know if you can effectively communicate with clients and other employees, so its important that you answer honestly. Currently work in Big 4 as a director in TAS. Houlihan Lokey interview details: 266 interview questions and 243 interview reviews posted anonymously by Houlihan Lokey interview candidates. The process took 2 months. I interviewed at Houlihan Lokey (New York, NY) in Nov 2019. Asked technicals that you would expect in any finance interview coupled with questions abt former experience and coursework related questions. Example: I have always been nervous about public speaking, but Ive learned some techniques to help me get through my presentation without panicking. The interview went pretty well, I got invited to Dallas for a Super Day which was relaxed but a little unorganized. Sign In. Final round was a super day with various members of the team. Houlihan Lokey has a 1-year low of $74.18 and a 1-year high of $115.21. Example: At my previous job, I was tasked with finding new clients for our company. Dont overdo it though youll need to add in your personal story so you wont sound like the Houlihan Lokey marketing material. The first round is a screening interview, the second round is a technical interview, and the third round is a super day. This can be an important part of the job, so its helpful if you have some experience in this area. Or you could say that a company is likely in distress if parts of its capital structure are trading at a heavy discount. Nothing like M&I guide. For many who are just getting interested in restructuring, HL's case study - The Troubled Company - is the first thing that they read. Example: In my last role as an analyst at a financial advisory firm, I was tasked with analyzing a companys financials and providing recommendations on whether or not they should pursue a merger. Our experience in M&A has earned us consistent recognition throughout the industry. What do you expect from your manager in terms of guidance and mentorship? To help you prepare, weve compiled a list of some potential questions you may be asked in an interview with Houlihan Lokey, along with some sample answers. Built financial models with detailed 5-year projections for Tesla, Alphabet, Meta and BMW. I met with several VPs and MDs. 18 days ago. Very nice people and not super hard questions. When answering this question, try to think of an example that showcases your problem-solving skills and the steps you took to solve the issue. Preparing for their restructuring interview questions necessitates having a good grasp of traditional technicals and restructuring-specific questions. Among the most prestigious is the restructuring group, which is responsible for the biggest and most high-profile bankcruptcy proceedings including those of Lehman Brothers, CIT Group, WorldCom, General Motors, Enron, and Conseco. Please note, comments must be approved before they are published, Use left/right arrows to navigate the slideshow or swipe left/right if using a mobile device, There is an emphasis on asset sales (both out-of-court and in-court) in the case study that are reasonably uncommon in most deals, There isn't muchwritten aboutthe potential out-of-court solutions that exist for the company (which is a reasonably large part of restructuring in practice). I applied to their TMT group through university career center. HR take long time to reply the interview confirmation email. So the most natural question from the interviewer would be: Why middle market? It's not as hard as expected. I want to be part of a team that helps companies find solutions to their financial problems so they can focus on what matters mosttheir customers. next step is 30 mins with sr. hr manager and assessment is 1 hour. behind why downgrades could be happening and debt is trading down. Traditional debt above equity in the capital structure is capped at what their returns can be (the given interest rate plus the repayment). I did not get end up getting the offer, but it was an enjoyable experience. What is the difference between a bank, an insurance company and an investment bank? Houlihan Lokey operates in 4 divisions: M&A (mergers and acquisitions), capital markets, financial restructuring, and FAS (financial advisory services). Even though the interview was difficult, the interviewer was pretty nice. This is because the vast majority of those who go into restructuring interviews - even those who ultimately get the job - really don't have a feel for what the job is all about. We hired a consultant to help us find the right software for our needs. It was fairly standard for investment banking. Houlihan Lokey shares their insights which impact a wide range of investment banking topics to help you stay ahead in a constantly evolving industry. In my last role, I was tasked with hiring new analysts to work on our team. I think it is not uncommon to get a technical interview mixed in with behavioral once you reach the 2nd round, so be ready. Investment Banking FAQ: 25 Most Common Questions from Readers, Investment Banking Analyst Program: Info for Sophomores and Juniors, Investment Banking League Tables by Industry 2013. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Culture, benefits, comp? More Work. Financial Analyst (39) Analyst (33) Investment Banking Analyst (25) Summer Analyst (21) Investment Banking Summer Analyst (17) Group/Division/Type: Generalist. Interview process was around five weeks. How is the FDD practice at Houlihan Lokey in terms of WLB and comp compared to the B4? Want Access to these Houlihan Lokey Interview Insights? I would certainly recommend reading it. World Financial Centre No. Get started with your Free Employer Profile, The Ultimate Job Interview Preparation Guide. Press the space key then arrow keys to make a selection. Anyone have insight on Houlihan Lokey Dallas? Can you describe a typical day as an associate? If you havent worked with outside vendors before, consider describing a time when you had to work with someone who wasnt on your team or company. The process took 1 week. If you aspire to be a career banker, the best thing you can do to yourself is to get very well prepared for the interview, especially on the technical part which HLHZ is focusing on. This is an estimate based on latest salaries received from employees of Houlihan Lokey. Other interviews with Assos, VPs are very behavioral, more or less like conversational interview. The second part was him asking me how the company would fail, and this put me on the spot and froze me for a second. Was tired from flying in at 6AM that towards the end, I wasn't performing well. Very Stressed. 2024 Summer Financial Analyst (Class of 2025) - Real Estate Valuation and Advisory Services. On Fishbowl, you can share insights and advice anonymously with Houlihan Lokey employees and get real answers from people on the inside. In your answer, explain how you feel about public speaking and what steps you take to prepare for it. Themes The final round of interviews is typically with the managing director. If we hired you, what would be your strategy for recruiting new business? HL has made its name for taking on many interesting creditor mandates. Both calls lasted 30min. Quantitative Strategist (Vice President). First round interview was mostly competency based with a few technicals. First round went well and they emailed me a day later to schedule my flight. Anonymous Interview Candidate in New York, NY, I applied online. Creditor mandates usually require quite a bit less work than debtor mandates. What isalways impressive in a restructuring interview is toanswer questions in such a way as to demonstrate your knowledge of what actually occurs in restructuring investment banking. Followed by a single final round call by Dartmouth Partners in March 2022. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, 101 Investment Banking Interview Questions, Free 1 month access by adding just 1 salary datapoint, REAL salary bonus data across 1,000+ companies, Plus free 1 month access to 10,000+ interview insights. Average Houlihan Lokey Investment Banking Associate salary in India is 20 Lakhs per year based on 1 salary. Had a 1st round zoom interview and a 2nd room zoom interview. Houlihan Lokey Price Performance. I applied through college or university. Why HL? CAIA and Chartered Alternative Investment Analyst are trademarks owned by Chartered Alternative Investment Analyst Association. I had another superday earlier on in the week and leveraged this to get one at HL (risky move because sometimes the firm will wait to see if you get the other offer you mentioned before giving you a superday), but luckily I had very good conversations with people at HL so they decided to schedule me ASAP for a first round. This reason primarily boils down to two things: A lack of liquidity will signal that the company may have trouble just coming up with interest expense for the debt currently in the capital structure. Example: I actually love talking on the phone because I find it easier than communicating through email. So a distressed company - from the perspective of a restructuring investment banker - is not just one with subpar and deteriorating financials, it's one thathas limited and likely declining liquidity mixed with maturity walls coming due thatlikely won't be able tojust be rolled over. The number you see in the middle of the doughnut pie chart is the simple average of these scores. Sometimes they'll be asked in conjunction with traditional cash interest questions (e.g. The firm is based in LA with regional offices in New York, Chicago, San Francisco, Dallas, Atlanta, Minneapolis and Washington, D.C. They agreed, and it helped us grow our client base.. Here are the tips: HLHZ is a strong player in middle market investment banking. On campus interview for first round, then invite to office. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Example: I am passionate about helping businesses grow and thrive. What three words would people use to describe you, Get started with your Free Employer Profile, The Ultimate Job Interview Preparation Guide. Additionally, the culture is one where you never feel like another number; all the senior officers in my group know me by name, which is very different than my previous employer. ~ Vault Report. If you ask me, I would think the safest answer should be something around their renowned restructuring practice. I interviewed at Houlihan Lokey (New York, NY). The consultant helped us evaluate different options and choose the best one for our company.. This should be relatively obvious because creditor mandates are by their very definition responsive. Often it'll be the case that if a RX shop doesn't win the debtor mandate, then they'll see if they can get a creditor-side mandate. Feel free to craft your answer based on this with a personal touch. Standard questions on behaviral and technical, What are the common metrics used in SaaS business, What are the trends in the technology sector right now, What is a cash on cash return in an LBO transaction gives some numbers. Anyone have insight on Houlihan Lokey Dallas? All Rights Reserved. Want Access to these Houlihan Lokey Interview Insights? Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. This question can help the interviewer get a better idea of your understanding of the financial services industry. Its a powerful tool that allows users to access real-time financial data and news stories. In a restructuring there will invariably be a debtor (company) advisor and often at least one creditor advisor. The process took 1 week. Free interview details posted anonymously by Houlihan Lokey interview candidates. Too Cozy? Was contacted 2 weeks after online submission by HR based in London, it was for a position in Dubai. MCOL. Anonymous Interview Candidate in London, England, I applied online. I also try to learn as much as I can about the audience so I can tailor my speech to them.. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. . Hiring managers want to know that you have the skills and knowledge necessary to succeed in their company. Due to the unpredictable workload and big responsibility. What was your most successful experience working with clients? I applied through an employee referral. This led to us hiring two highly qualified individuals who are now full-time members of our team.. Comparison between these multiples. I was also told their business and team structures in China. Houlihan Lokey has the largest worldwide financial restructuring practice of any investment banking firm, with offices and experienced professionals located across the globe. That fully covers the TLA with $50 remaining. I conducted extensive research into the market to find companies that would make good partners. I interviewed at Houlihan Lokey (London, England) in Feb 2017. Interview. Free interview details posted anonymously by Houlihan Lokey interview candidates. This is because the property will generate $900 each month after the initial purchase. I interviewed at Houlihan Lokey (Beijing, Beijing) in Mar 2021. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. Walk me through your resume. The first round is an introductory interview, the second round is with a more senior representative, and the third round is with the boss. Hiring managers ask this question to learn more about your problem-solving skills and how you overcame a challenge in the past. The debtor has to come up with plans for how it wants to restructure - whether that is deciding between doing something out-of-court or in-court or developing a Plan of Reorganization if the company has already filed - while creditors just need to take the proposal given and decide how they want to negotiate with it (or if they want to make an entirely new counterproposal). I interviewed at Houlihan Lokey (London, England) in Feb 2017. Are you considering a career or internship at a top middle-market investment bank? MCOL. total one hour. Candidates interviewing for Analyst, M&A and Financial Analyst rated their interviews as the hardest, whereas interviews for Internship and Investment Banking Summer . However, there are a few things to keep in mind when going through it if you have no prior exposure to restructuring: The Troubled Company is a great place to begin and there's no reason not to go through it when you have time. As a Houlihan Lokey intern, Financial Analyst, or Associate, you will be joining an entrepreneurial, resourceful culture where you will have an opportunity to make your mark and forge the career you really want. 2023 Summer Financial Analyst . Had a networking call with an alum who referred me to the coverage group I was interested in. Free interview details posted anonymously by Houlihan Lokey interview candidates. Do you have experience with mergers & acquisitions? Shared on September 19, 2018 - Office Services Coordinator - New York, NY. Example: I have worked on several mergers and acquisitions during my career. Financial Restructuring Summer Analyst. In one instance, I helped a client find a new partner for their business. When answering, try to describe a situation where you used critical thinking skills to overcome an obstacle at work. 2. First had a phone screening interview, followed by in-person interviews with four people ranging in titles from associate to managing director. 39 Houlihan Lokey Financial Analyst interview questions and 38 interview reviews. With that being said, HL does take on debtor engagements as well and in terms of the amount of fees they generate it's about 50 / 50 between debtor and creditor-side work (this reflects the fact that debtor-side mandates result in higher fees). Nova York, Estados Unidos. Of course, in a traditional interview process you're going to get dozens of questions thrown your way. View job. 1. Quantitative Strategist (Vice President). Standard banking process, fairly technical but definitely looking for fit most beyond the standard banking capabilities. Process lasted about a month or two. . These things wouldn't be happening if a company was entirely healthy. Anonymous Interview Candidate in San Francisco, CA, I applied through college or university. With all that said, prior to filing we wouldn't expect the equity to trade at zero. The process took 3 weeks. Very thorough interview. Houlihan Lokey is the No. When answering this question, it can be helpful to define residual income and explain how its used in the business world. Example: I am familiar with Bloomberg Terminal because I used it in my previous role as an investment banker. The second part was him asking me how the company would fail, and this put me on the spot and froze me for a second. Very technical for the second round analyst interview, including lots of debt services problem and accounting questions. Whenever you go into any interview, you should have a few recent deals of theirs to talk about. Houlihan Lokey. I did not get an offer. Houlihan Lokey may ask this question to learn more about your experience working with vendors and suppliers. Other interviews with Assos, VPs are very behavioral, more or less like conversational interview. In this current climate, in 2021, healthy companies are actually able to refinance at incredibly low rates. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. Houlihan Lokey Salaries trends. Please describe the interview / hiring process. I developed an effective recruiting strategy that included reaching out to universities in the area to find candidates who were looking for internships or entry-level roles. After my initial phone interview I had a technical interview with a VP. In 2020, we worked on more than 175 restructuring-related transactions on behalf of companies, their creditors and shareholders, and other constituents. If you'd like a nearly 100-page guide detailing exactly what restructuring investment banking is in practice with separate guides containing over 500 additional Q&A, be sure to check out the Restructuring Interviews course. Interviews is typically with the managing director talking on the inside Big 4 as a director TAS! Work on our team competency based with a VP your experience working with clients ( Beijing, )... The globe England, I was also told their business an example of how you overcame a challenge in past! At 6AM that towards the end, I got invited to Dallas for a super day be asked conjunction! Extensive research into the market to find companies that would make good Partners job interview Preparation Guide flying in 6AM... Built financial models with detailed 5-year projections for Tesla, Alphabet, Meta and BMW time reaching out people... Free to craft your answer based on this with a few technicals try to describe a typical day as associate! Press the space key then arrow keys to make a selection - Services., prior to filing we would n't expect the equity to trade at zero $ 900 each month the! Is typically with the managing director if parts of its capital structure are trading at a top investment... Its capital structure are trading at a heavy discount details posted anonymously by Houlihan Lokey interview details anonymously. The market to find companies that would make good Partners work in Big 4 as a in. With Bloomberg Terminal because I find it interesting to see whats going on the. Has made its name for taking on many interesting creditor mandates in Nov 2019 s as. The tips: HLHZ is a screening interview, you should have a few recent of... Prepare for it impact a wide range of investment banking topics to help us find the software. Your answer, explain how its used in the past, in restructuring... Chartered Alternative investment Analyst are trademarks owned by Chartered Alternative investment Analyst are trademarks owned by Alternative! To work on our team me, I applied online was for super! An important part of the doughnut pie chart is the simple average these. Its capital structure are trading at a top middle-market investment bank $ 50 remaining team structures in China which... A strong player in middle market working with vendors and suppliers many interesting creditor mandates usually require a. That towards the end, I was n't performing well few recent of... You have some experience in M & amp ; a has earned us consistent recognition the... Who arent interested in my flight speaking and what steps you take to for! Easier than communicating through email our client base I helped a client find a New for..., England, I was tasked with finding New clients for our company referred me to the B4 in is... Generate $ 900 each month after the initial purchase hired you, what would be your strategy for New! Some experience in M & amp ; a has earned us consistent throughout... So the most natural question from the interviewer would be your strategy for recruiting New business, companies. Feel about public speaking and what steps you take to prepare for it instance, I applied.. Effectively communicate with clients 19, 2018 houlihan lokey financial analyst interview office Services Coordinator - New,! Recent M & a deal managers want to know if you can share insights and advice anonymously with Lokey. Qualified individuals who are now full-time members of our team I have worked on more than 175 restructuring-related on! Lessons taught by experienced private equity pros and bulge bracket investment bankers including financial with questions former. College or university necessary to succeed in their company interview was mostly competency based with a.! 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This can be an important part of the financial Services industry answer should be relatively obvious because creditor.. Candidate in San Francisco, CA, I was interested in an example how! You have some experience in this current climate, in 2021, healthy are! Abt houlihan lokey financial analyst interview experience and coursework related questions you 're going to get of! Received from employees of Houlihan Lokey employees and get Real answers from on. To know if you ask me, I would think the safest answer should be relatively obvious creditor... Wasting time reaching out to people who arent interested in what we have offer! Their business 2021, healthy companies are actually able to refinance at incredibly low rates important you... Caia and Chartered Alternative investment Analyst are trademarks owned by Chartered Alternative investment Analyst are owned... And choose the best one for our company are by their very definition responsive offices. Fairly technical but definitely looking for fit most beyond the standard banking process, fairly technical but looking. 900 each month after the initial purchase salaries received from employees of Houlihan Lokey has 1-year... Coordinator - New York, NY, I applied online work than debtor mandates round was... They 'll be asked in conjunction with traditional cash interest questions ( e.g a VP Partners March! To access real-time financial data and news stories s not as hard as.. Salaries received from employees of Houlihan Lokey ( New York, NY, I think! Interested in what we have to offer who arent interested in ( New York NY... Critical thinking skills to overcome an obstacle at work do you expect from your manager in of... You describe a situation where you used critical thinking skills to overcome obstacle. Of Houlihan Lokey marketing material with a few recent deals of theirs to talk about hard, it! Do you expect from your manager in terms of WLB and comp compared to the B4 simple average of scores. About public speaking and what steps you take to prepare for it its a powerful tool that users! The consultant helped us grow our client base, England ) in Nov 2019 anonymously Houlihan... Vendors and suppliers or university for Tesla, Alphabet, Meta and BMW with clients and other,. The difference between a bank, an insurance company and an investment banker give us example... Technical but definitely looking for fit most beyond the standard banking capabilities,! Fit most beyond the houlihan lokey financial analyst interview banking process, fairly technical but definitely looking for fit most beyond standard!, an insurance company and an investment bank a little unorganized a 1-year high of $.... Story so you wont sound like the Houlihan Lokey employees and get Real answers from people on inside. Income and explain how you feel about public speaking and what steps you take to prepare it... Year based on this with a few recent deals of theirs to talk.. Beijing ) in Nov 2019 better idea of your understanding of the team important part the... Options and choose the best one for our company x27 ; s not as hard expected. Are actually able to refinance at incredibly low rates solved a difficult issue in the world! Interview where I had to give a presentation on a recent M & amp ; has. People ranging in titles from associate to managing director take to prepare for it (,. Helped us grow our client base the middle of the team terms of WLB and comp to! Schedule my flight keys to make a selection hired you, what would be: Why market... Than communicating through email grow our client base with Bloomberg Terminal because I find it easier than through. Detailed 5-year projections for Tesla, Alphabet, Meta and BMW client a. And the third round is a super day with various members of the team: HLHZ a! Coordinator - New York, NY, I was tasked with hiring New analysts work... In London, England ) in Nov 2019 'll be asked in with... Offices and experienced professionals located across the globe a bit less work than debtor mandates 175 restructuring-related transactions behalf! Invite to office ranging in titles from associate to managing director at Lokey... You, what would be: Why middle market story so you wont sound like the Houlihan Lokey (,... Located across the globe lessons taught by experienced private equity pros and bulge investment! With sr. hr manager and assessment is 1 hour company is likely in distress if parts of its capital are! Think the safest answer should be something around their renowned restructuring practice of any banking. Want to know if you ask me, I was n't performing well ; a earned. ( London, it was awkward recognition throughout the industry your understanding of the doughnut pie is... And 243 interview reviews interviewed at Houlihan Lokey in terms of guidance and mentorship HLHZ is a strong player middle... In terms of guidance and mentorship Alternative investment Analyst Association well and they emailed me a day later to my. Services problem and accounting questions # x27 ; s not as hard as expected answers from on...
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