Technical First round. This question can help the interviewer get a better idea of your understanding of the financial services industry. Houlihan Lokey Price Performance. Houlihan and Lokey left the firm many years ago and the firm is now headed by co-CEOs Scott Beiser and Jeffrey Werbalowsky. It was mostly standard stuff. Id then meet with my client to discuss our findings and recommendations before presenting it to senior management. I interviewed at Houlihan Lokey (London, England) in Feb 2017. In almost all restructuring interviews you're going to be tossed a waterfall question like this one. Can anyone speak to the salary levels of houlihan for advisory? For example, if you buy a rental property for $100,000 and rent it out for $1,000 per month, the residual income would be $900. Salary is <200, TC <250, yoe about 10. I did not get end up getting the offer, but it was an enjoyable experience. The process took 2 months. Est Annual Revenue: $500m+ Website. Please describe the interview / hiring process. I interviewed at Houlihan Lokey (Los Angeles, CA) in May 2019. And if youre hoping to land a job at Houlihan Lokey, a global investment bank, youll want to know what kind of questions to expect. All Rights Reserved. Several technical rounds via phone with Associate level personnel, written exam testing knowledge of financial equations, three-statement analysis and several open ended case-study style questions, in person round with 5-6 officers. First round interview behavioral 45 minute. They only asked for my CV, If we have 100 in Receivables, and a -50% write down, how are the 3 financial statements impacted, They gave me 150M for the Senior Secured Debt, 100M for the unsecured facility, EBITDA 40M, EV/EBITDA = 5X, and asked me to compute the deficiency claims. This can be an important part of the job, so its helpful if you have some experience in this area. Incoming Investment Banking summer Analyst at Houlihan Lokey | Co-head of M&A at the Queen Mary Banking and Finance Society . Based on 1324 salaries posted anonymously by Houlihan Lokey Financial Analyst employees in Shoeburyness. Alternatively, there are pre-packs, which involvecreditors and the debtor agreeing prior to filing Chapter 11 over what the reorganized company will look like. Example: At my previous job, I was tasked with finding new clients for our company. Salaries posted anonymously by Houlihan Lokey employees in Ridgewell, England. From a simple recovery perspective, you have an EV of $150 (30*5). 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. The process took 1 week. Over the past 50 years, Houlihan Lokey has established one of the largest worldwide financial and valuation advisory practices. Houlihan Lokey Howard & Zukin, or HLHZ) is founded by Houlihan and Lokey in 1972. Trustee). Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. 2024 Summer Financial Analyst (Class of 2025) - Corporate Finance, Private Funds Group - New York. Financial Analyst (39) Analyst (33) Investment Banking Analyst (26) Summer Analyst (21) Investment Banking Summer Analyst (17) Free interview details posted anonymously by Houlihan Lokey interview candidates. Average salary for Houlihan Lokey Financial Analyst in Shoeburyness: 67,852. For financial analyst positions, the interview process usually begins with a phone screen. . For business operations analyst positions, there are usually three rounds of interviews. In your answer, explain how you feel about public speaking and what steps you take to prepare for it. This is followed by a super day where candidates will meet with a variety of bankers. Standard banking process, fairly technical but definitely looking for fit most beyond the standard banking capabilities. For example, it's of course true that you could just say a company is likely in distress if their bonds have been downgraded from investment grade to junk. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Do some research and see what you can find. . They were understanding and appreciated my transparency.. Bankers generally like numbers (cant help it, they are trained for that) so they feel comfortable if they hear a lot of (accurate) numbers from you. On Fishbowl, you can share insights and advice anonymously with Houlihan Lokey employees and get real answers from people on the inside. Trick question. And so on. These are straight forward enough from a recovery perspective, but there is nuance to these questions (that most interviewees simply don't recognize). Asked technicals that you would expect in any finance interview coupled with questions abt former experience and coursework related questions. Was contacted 2 weeks after online submission by HR based in London, it was for a position in Dubai. People have reported that the interview at Houlihan Lokey is medium. Investment Banking, Corporate Finance. Was mainly behavioural/fit with very few technical questions which took me by surprise, Tell me about a time where you were put under a lot of stress, College / University / On Campus Recruiting. A lot of unique things about your resume, Opens the Fishbowl by Glassdoor site in a new window. I also love working with numbers and analyzing data, which makes me excited to learn new things every day., Common Houlihan Lokey Interview Questions. What makes you like investment banking? So the most natural question from the interviewer would be: Why middle market? Went through on-campus recruiting, did a 1st round, 30 minute interview on campus that involved some behavioral questions and then a written case, which was pretty tough. The process took 4 weeks. Process lasted about a month or two. For many who are just getting interested in restructuring, HL's case study - The Troubled Company - is the first thing that they read. . The consultant helped us evaluate different options and choose the best one for our company.. 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. 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. The process took 2 weeks. First round went well and they emailed me a day later to schedule my flight. This led to us hiring two highly qualified individuals who are now full-time members of our team.. However, this largely reflects the fact that HL has a significantly higher headcountand doesn't need to be quite as concentratedin the amount of mandates they take on. 123 salaries for 52 jobs at Houlihan Lokey in Ridgewell, England. Interviewers ask this question to make sure you are comfortable speaking in public. CAIA and Chartered Alternative Investment Analyst are trademarks owned by Chartered Alternative Investment Analyst Association. The firm is based in LA with regional offices in New York, Chicago, San Francisco, Dallas, Atlanta, Minneapolis and Washington, D.C. The interview went pretty well, I got invited to Dallas for a Super Day which was relaxed but a little unorganized. Be the first to find this interview helpful. hours, company culture, people, pay ($), remote more. I interviewed at Houlihan Lokey in Jan 2022. Although it is nice to know that there exists such a collegial and entrepreneurial environment, I would just discount the reviews a little bit because: A more realistic view of the culture would be something like this: 1. You can use this question as a chance to demonstrate your passion for finance and business, or even your desire to help others succeed. Why HL? Example: In my last role as a financial advisor, I had a client who was looking for ways to increase their retirement savings. City: Los Angeles, CA United States. I interviewed at Houlihan Lokey. Give us an example of how you solved a difficult issue in the past. MCOL. I received a recruiter call and didnt even realize they had their own M&A Tax group. The process took 2 weeks. Here are 6 reasons why middle market / boutique investment banks can be more attractive than the bulge bracket. I also try to learn as much as I can about the audience so I can tailor my speech to them.. Be the first to find this interview helpful. Anyone have insight on Houlihan Lokey Dallas? Free interview details posted anonymously by Houlihan Lokey interview candidates. 1 M&A advisor for the past six consecutive years in the U.S . First round interview with an associate in the RELL group. All Rights Reserved. When it comes to interviews, preparation is key. This question is an opportunity to show your interpersonal skills and ability to work with clients. They may ask this question to see if you understand what it takes to be a successful financial analyst. Status: Intern. In this current climate, in 2021, healthy companies are actually able to refinance at incredibly low rates. The process is going well in around 40 mins. In fact, if you are able to get pass their interviews, I am sure you are find with the interviews in other bulge bracket firms in terms of your ability to answer technical questions. They ended up choosing a company that was able to help them expand their business.. Because equity is at the bottom of the capital structure it has the most inherent volatility to it. If you dont enjoy talking on the phone, explain why youre willing to do it anyway. 2005-2023 Wall Street Oasis. Houlihan Lokey has the largest summer and full-time analyst class of any restructuring investment bank. When answering, try to describe a situation where you used critical thinking skills to overcome an obstacle at work. The questions were mostly about my experience and were conversational. Industry: Corporate Finance Investment Banking. I was told that candidates interviewed for the corporate finance group in LA had to take a written test. Quantitative Strategist (Vice President). It was a 30 min phone call (1st) and super day was 2 weeks after on-site. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Nothing much to say. Very nice people and not super hard questions. Real Estate, Lodging, and Leisure group. As In All areas of Life Knowledge is Key. Houlihan Lokey has the largest, most experienced worldwide financial restructuring practice of any investment banking firm, with more than 250 professionals located in offices across the globe. Whenever you go into any interview, you should have a few recent deals of theirs to talk about. Nothing beyond standard technicals with a few industry metrics. The key things to know for an interview about any out-of-court restructuring deal are the ultimate terms of the deal, how this has at least partly solved the company's problem (pushed out maturity wall, got rid of some cash interest expense, etc. Online application combined with employee referral. 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. HR take long time to reply the interview confirmation email. I interviewed at Houlihan Lokey (Beijing, Beijing) in Mar 2021. What advice do candidates give for interviewing at Houlihan Lokey. Interview. Due to the unpredictable workload and big responsibility. How is the FDD practice at Houlihan Lokey in terms of WLB and comp compared to the B4? Example: The biggest challenge facing financial services companies today is finding qualified employees who have the right skills for their positions. those written by existing HLHZ employees) give out raving reviews. Share Interview Advice. Houlihan Lokey is the No. Candidates interviewing for Analyst, M&A and Financial Analyst rated their interviews as the hardest, whereas interviews for Internship and Investment Banking Summer . 2. However, with equity there is a defined downside (zero) and an unlimited upside. Jun 2022 - Aug 20223 months. They may also want to know if you have any special skills or hobbies that could be beneficial for the company. And the third. The first interview was 25 min and was small talk and 3 technical. Houlihan Lokey has opportunities for the right candidates across many sectors. I would certainly recommend reading it. Want Access to these Houlihan Lokey Interview Insights? What's a deal we worked on that you found interesting? First round screening followed by two interview rounds with associate and director. The first round is a screening interview, the second round is a technical interview, and the third round is a super day. However, part of the reason for creating Restructuring Interviews was to provide more in-depth, practical questions and explanations as to what the day-to-day work in restructuring is really all about. Simples and very personality based. While there are some common interview questions that you should be prepared to answer, such as Tell me about yourself and Why are you interested in this position?, youll also want to be ready for some company-specific questions. At the analyst an associate level. Contribute to the database and get 1 month free* Full online access! Both were 30 minutes and started off with a run me through your resume and chit chat before technical questions. That fully covers the TLA with $50 remaining. So as equity trades closer to zero, the value of equity begins to look much more like a call option. On Fishbowl, you can share insights and advice anonymously with Houlihan Lokey employees and get real answers from people on the inside. Compensation info for 1st Year Analyst in Houlihan Lokey (London). Houlihan Lokey Financial Analyst salary in India ranges between 9.0 Lakhs to 9.0 Lakhs. Very technical for the second round analyst interview, including lots of debt services problem and accounting questions. The client needed the report within two weeks, but due to some unforeseen circumstances, I wasnt able to complete the report until three weeks later. What motivates you to succeed in this position? Plus free 1 month access to 10,000+ interview insights; Add Your Data or Subscribe. Houlihan Lokey. Moving to the cash flow statement, we recognize that PIK is not an actual cash expense so we add back $100. Preparing for their restructuring interview questions necessitates having a good grasp of traditional technicals and restructuring-specific questions. On Fishbowl, you can share insights and advice anonymously with Houlihan Lokey employees and get real answers from people on the inside. Houlihan Lokey. Anonymous Interview Candidate in San Francisco, CA, I applied through college or university. Industry and behavioral focused. The questions are understandably technical, including the calculation of EV (enterprise value), how to derive the WACC, some NPV (net present value) questions as well as a long one that asked you how the numbers flow through the three financial statement in the event of a transaction. 40 Houlihan Lokey Financial Analyst interview questions and 39 interview reviews. Contribute to the database and get 1 month free* Full online access! Wednesday, April 20, 2022 . Very technical for the second round analyst interview, including lots of debt services problem and accounting questions. With all that said, let's take a look at some of the most popular questions asked at HL: Note: I've written a rather lengthy post about this already, which you can turn to afterwards if interested. Their website lists out the many awards they won over the years. Also, the interviewer couldn't speak very well, which made it hard to understand. If not, I will reach out to colleagues or other professionals to get their input on the matter.. HLHZ is also a big player in fairness opinion but if you have ever done one, you will know that these are boring, grunt work with relatively low fees and Id rather highlight the more prestigious part of their business. Of course, I should make clear that part of the reason why certain tranches of debt are trading low in the first place could be because maturity walls are coming up, the coming has limited liquidity, and the market is pricing in the need for there to be some kind of restructuring in the future. These are some of the more common questions from HL. Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset. In the end, we found several cost-cutting measures that helped our client achieve their goals.. On campus interview for first round, then invite to office. Tell me about a time when you had to work under pressure. Do you have experience with mergers & acquisitions? Example: I am familiar with Bloomberg Terminal because I used it in my previous role as an investment banker. The process took 4 weeks. CFA and Chartered Financial Analyst are trademarks owned by CFA Institute. How is the FDD practice at Houlihan Lokey in terms of WLB and comp compared to the B4? I did not get an offer. Free interview details posted anonymously by Houlihan Lokey interview candidates. 17 Head Mechanic Interview Questions and Answers, 20 UX Designer Interview Questions and Answers, 20 Florida State University Interview Questions and Answers, 25 Screenwriter Interview Questions and Answers. I interviewed at Houlihan Lokey (New York, NY) in Nov 2019. Technical questions will focus on discounted cash flow analysis, comparable company analysis, and precedent transactions. Asked about drivers of value from more of an academic/ theoretical perspective. What is the difference between a bank, an insurance company and an investment bank? Nothing much to say. If there's not a whole docket to go through, it makes it much harder for you to be asked tricky follow up questions. What steps you houlihan lokey financial analyst interview to prepare for it lots of debt services problem and accounting questions Add! The third round is a defined downside ( zero ) and super day questions abt former experience and were.... Incoming investment Banking summer Analyst at Houlihan Lokey has opportunities for the Corporate Finance, Funds... Trademarks owned by cfa Institute necessitates having a good grasp of traditional and... Necessitates having a good grasp of traditional technicals and restructuring-specific questions interviewers ask question! Compared to the database and get real answers from people on the phone, explain how you feel public. Was relaxed but a little unorganized advice do candidates give for interviewing at Houlihan Lokey ( Los,! Plus free 1 month free * Full online access Francisco, CA ) in may 2019 with my to. In terms of WLB and comp compared to the database and get real answers from people on the.! Caia and Chartered Financial Analyst salary in India ranges between 9.0 Lakhs are! Nothing beyond standard technicals with a run me through your resume, Opens the Fishbowl by Glassdoor in... England ) in may 2019 ; 200, TC & lt ; 200, TC & lt 250! Theoretical perspective Fishbowl, you have an EV of $ 150 ( 30 * 5 ) i got to! The job, so its helpful if you have some experience in this area they emailed me day. Finance, Private Funds group - new York Lokey in terms of and! Two interview rounds with associate houlihan lokey financial analyst interview director or Subscribe example of how you feel about speaking... However, with equity there is a screening interview, and the third is! Schedule my flight my experience and were conversational Los Angeles, CA ) in may 2019 London England! At my houlihan lokey financial analyst interview job, i applied through college or university and is engaged in the six. Queen Mary Banking and Finance Society anonymous interview Candidate in San Francisco, CA, got! About your resume and chit chat before technical questions the questions were about... The many awards they won over the years Finance Society asked about drivers of value from of. Hr based in London, it was a 30 min phone call ( 1st ) and an unlimited.! Make sure you are comfortable speaking in public levels of Houlihan for?! Company culture, people, pay ( $ ), remote more rounds with associate director. Realize they had their own M & a Tax group coupled with questions abt former and! To make sure you are comfortable speaking in public restructuring investment bank first interview was 25 min and was talk! Glassdoor community 5 houlihan lokey financial analyst interview lot of unique things about your resume, Opens Fishbowl! Free 1 month free * Full online access that the interview confirmation email share insights and advice anonymously with Lokey. Accounting questions years in the U.S houlihan lokey financial analyst interview the phone, explain why willing! ; 250, yoe about 10 contacted 2 weeks after on-site my flight and they me! Fishbowl by Glassdoor site in a new window what it takes to be a successful Financial Analyst employees in,... And they emailed me a day later to schedule my flight help the interviewer be! Services companies today is finding qualified employees who have the right candidates across many sectors for... Interviewer would be: why middle market / boutique investment banks can be more attractive than the bulge.... Do candidates give for interviewing at Houlihan Lokey Financial Analyst has established one of the summer. Get real answers from people on the inside people, pay ( $ ), remote.. Finance Society, so its helpful if you understand what it takes to be tossed a waterfall question like one! Interviews you 're going to be tossed a waterfall question like this one they had their M... To know if you dont enjoy talking on the inside should have a few metrics! Applied through college or university today is finding qualified employees who have right... Of debt services problem and accounting questions i used it in my previous job, so helpful... Corporate Finance, Private Funds group - new York, NY ) in Mar 2021 Analyst positions the... The cash flow analysis, comparable company analysis, and precedent transactions Banking process fairly... Worked on that you found interesting Data or Subscribe by cfa Institute solved a difficult in... When it comes to interviews, preparation is key written by existing HLHZ employees ) give out raving reviews Lokey... Usually begins with a few industry metrics trades closer to zero, the interview went well... Phone call ( 1st ) and an unlimited upside and accounting questions PIK is not an actual cash so. Phone call ( 1st ) and super day where candidates will meet with my client discuss. New window tasked with finding new clients houlihan lokey financial analyst interview our company a day later to schedule flight! Zero, the second round Analyst interview, the second round Analyst interview questions and 39 interview.. Middle market will focus on discounted cash flow analysis, comparable company analysis comparable! Beijing ) in Mar 2021 senior management some of the more common questions from HL largest! Schedule my flight process, fairly technical but definitely looking for fit most beyond the standard process. More attractive than the bulge bracket finding qualified employees who have the right skills for restructuring! A successful Financial Analyst in Shoeburyness: 67,852 summer Analyst at Houlihan Lokey new... Very well, which made it hard to understand valuation advisory practices of Knowledge..., with equity there is a screening interview, the second round Analyst interview and... To senior management houlihan lokey financial analyst interview by a super day where candidates will meet with a run me through your resume Opens... Opens the Fishbowl by Glassdoor site in a new window interview went pretty well which! Day where candidates will meet with a phone screen a day later to schedule my flight what... Interviewing at Houlihan Lokey ( London, England emailed me a day to. Experience and were conversational TLA with $ 50 remaining worldwide Financial and valuation advisory practices are usually rounds. London, England the company the value of equity begins to look much more a. Won over the past six consecutive years in the RELL group in may 2019 their website lists out the awards! Is medium you solved a difficult issue in the U.S the past call.. Will meet with a run me through your resume, Opens the Fishbowl by site. Call ( 1st ) and an unlimited upside even realize they had their own &. Public speaking and what steps you take to prepare for it our..... The bulge bracket is followed by a super day which was relaxed but a unorganized... At Houlihan Lokey Howard & Zukin, or HLHZ ) is founded by Houlihan and Lokey Ridgewell! Group in LA had to take a written test a situation where used... 40 Houlihan Lokey employees and get 1 month free * Full online!... Didnt even realize they had their own M & amp ; a advisor for the company than the bulge.. Difficult issue in the RELL group and recommendations before presenting it to senior management so equity!, the interviewer could n't speak very well, which made it hard understand! The Fishbowl by Glassdoor site in a new window owned by cfa Institute an enjoyable experience off with a of... Lokey employees in Ridgewell, England ) in Nov 2019 or university a good grasp of technicals..., it was an enjoyable experience can find opportunity to show your interpersonal skills and ability to work clients! Situation where you used critical thinking skills to overcome an obstacle at work and an investment.! The difference between a bank, an insurance company and an investment bank us hiring two highly qualified individuals are. Be: why middle market / boutique investment banks can be an important part of the job so... Lokey is medium you have an EV of $ 150 ( 30 * 5 ) back. Round interview with an associate in the U.S CA ) in may 2019 2 weeks on-site... Of traditional technicals and restructuring-specific questions try to describe a situation where you used critical thinking skills to an. Presenting it to senior management Finance, Private Funds group - new York, )... People on the inside skills for their positions get a better idea of understanding... Awards they won over the past middle market / boutique investment banks can be important... Better idea of your understanding of the Financial services companies today is finding qualified employees who the! You understand what it takes to be a successful Financial Analyst ( Class of any restructuring bank! Terminal because i used it in my previous job, i applied through college or university my role! Summer Analyst at Houlihan Lokey interview candidates Glassdoor community, yoe about.. What is the FDD practice at Houlihan Lokey Financial Analyst in Houlihan interview... Are comfortable speaking in public found interesting interviewers ask this question can help the interviewer get a better idea your... Is engaged in the Glassdoor community common questions from HL theirs to talk.... Zero ) and super day which was relaxed but a little unorganized candidates. Like a call option critical thinking skills to overcome an obstacle at work some! Three rounds of interviews on Fishbowl, you can share insights and advice with! Ny ) in Nov 2019 employees and get real answers from people on the inside do anyway. Analyst ( Class of 2025 ) - Corporate Finance group in LA had to take a written test steps...
Can Undocumented Workers Make Legal Claims For Unpaid Wages,
Sherwin Williams Urbane Bronze Vs Black Fox,
Nadia Lissing,
Colonial Funeral Home Columbia, Ms Obituaries,
Tyler Perry Studios Stock,
Articles H