![]() ![]() For example, answering another common question “Walk me through the cash flow statement” by saying “you start with net income, make non-cash adjustments to net income to arrive at cash for the year” isn’t enough. While most candidates struggle with keeping answers short, a few have the opposite problem and don’t say enough. When you’re asked expansive technical questions where you aren’t sure about level of detail, it’s reasonable to finish a succinct answer with “would you like a little more detail on any of this?” … But don’t make answers too short In most cases, questions should not go longer than 2-3 minutes. The interviewer just needs to understand that you can articulate valuation concepts at a high level. That’s not what we’re going for in an interview. One of the most popular investment banking interview questions is “How do you value a company?” I could easily take an hour to explain how to value a company and I’d still not scratch the surface. ![]() Before diving into the questions, there are few guidelines that should govern your general approach to answering technical interview questions: Keep answers short ![]()
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