Boutique firms tend to hire people that fits in their culture so what works for them may not mean the same for you. Unless you know this business inside-out (most likely dont), be honest and tell them thats what you learn in textbook but understand things are more complicated in real life. I interviewed at Houlihan Lokey (London, England) in Feb 2017. Example: I expect my manager to be available when I need them and to offer me feedback on my performance regularly. Houlihan Lokey is looking for candidates who can solve problems and find solutions. 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. Listen Carefully! Do some research and see what you can find. Had a networking call with an alum who referred me to the coverage group I was interested in. 1 M&A advisor for the past six consecutive years in the U.S . Example: At my previous job, I was tasked with finding new clients for our company. The number you see in the middle of the doughnut pie chart is the simple average of these scores. 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. Hiring managers want to know that you have the skills and knowledge necessary to succeed in their company. Houlihan Lokey shares their insights which impact a wide range of investment banking topics to help you stay ahead in a constantly evolving industry. The interview process takes about a week. You can also use this as a chance to demonstrate that you have done some research about the organization. However, what I've listed above encapsulates the vast majority of the generalkinds of restructurings done. 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. Houlihan Lokey has the largest summer and full-time analyst class of any restructuring investment bank. What advice do candidates give for interviewing at Houlihan Lokey. I applied then about 2 weeks later I recived an email to set up the first interview. I also watch a lot of financial news channels on TV. Interview. OK. Before we get too excited about multiple offers and exit opportunities, lets see whether we can land the job first. 1 M&A advisor for the past five consecutive years in the U.S., the No . Houlihan Lokey Interview Process. 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). Super day- 4 or 5 interviews in one day. Compensation info for 1st Year Analyst in Houlihan Lokey (London). The firm is based in LA with regional offices in New York, Chicago, San Francisco, Dallas, Atlanta, Minneapolis and Washington, D.C. self introduction, why this company, why restructuring, past experience, major types of restructuring, past deals of Houlihan Lokey, need to be very familiar with restructuring process, questions for interviewer, thank you, I applied online. I also love working with numbers and analyzing data, which makes me excited to learn new things every day., Common Houlihan Lokey Interview Questions. 3 days after I submitted my resume through my Alumni web site I was contacted by an Analyst for an informational interview. Very nice people and not super hard questions. Would encourage people to apply most definitely. Too Cozy? A distressed company that will ultimately be engaged by a restructuring investment bank like HL will not only likely have recent downgrades and debt that's trading low, they'll also have a reason for needing to get right-sized soon. CFA and Chartered Financial Analyst are trademarks owned by CFA Institute. Investment Banking. And so on. When answering this question, it can be helpful to mention a specific project that you didnt meet the deadline for and how you handled the situation. Can anyone speak to the salary levels of houlihan for advisory? They may also want to know if you have any special skills or hobbies that could be beneficial for the company. 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. Be the first to find this interview helpful. We had two weeks to find solutions to their problems before they released their quarterly report. Our experience in M&A has earned us consistent recognition throughout the industry. Given several numbers quickly, how do you get to Cash Flow from Operations? Financial Analyst (39) Analyst (33) Investment Banking Analyst (26) Summer Analyst (21) Investment Banking Summer Analyst (17) Here are 6 reasons why middle market / boutique investment banks can be more attractive than the bulge bracket. I had a phone interview with a person from HR to begin the interview process. 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. People have reported that the interview at Houlihan Lokey is medium. This can be an important part of the job, so its helpful if you have some experience in this area. Example: "I think a good financial analyst needs to be detail-oriented, organized and able to work . I applied through college or university. Interview. 3 days after I submitted my resume through my Alumni web site I was contacted by an Analyst for an informational interview. In this Houlihan Lokey One-on-One interview, Managing Director . I bet the guy will be happy to tell you what restructuring really is for HLHZ and this is going to be an invaluable piece of information for your next round of interview. 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. Health Benefits: Medical / Health, Dental. How would you determine an equity value of firm with debt exceeding the enterprise value? Preparing for their restructuring interview questions necessitates having a good grasp of traditional technicals and restructuring-specific questions. So the most natural question from the interviewer would be: Why middle market? Flew in the morning of and interviewed until about 4PM. For other groups, your realistic exit would be smaller mid-market private equity firms. at. Why financial restructuring? Find a Great First Job to Jumpstart Your Career, Stand Out From the Crowd With the Perfect Cover Letter, How to Prepare for Your Interview and Land the Job. Example: A bank offers deposit accounts, loans and credit cards, while an insurance company provides life, health and property insurance. Meeting with recruiter followed by a 30 minute meeting with a director. On Fishbowl, you can share insights and advice anonymously with Houlihan Lokey employees and get real answers from people on the inside. Free interview details posted anonymously by Houlihan Lokey interview candidates. This question can help interviewers understand your ability to prioritize and manage your time. Restructuring interviews are daunting, but in reality the most important thing is to show your interviewer that you have contextual understanding about what restructuring investment bankers really do all day. The process took 6 weeks. Both were 30 minutes and . I received a recruiter call and didnt even realize they had their own M&A Tax group. I applied through college or university. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. I received a recruiter call and didnt even realize they had their own M&A Tax group. After reaching out to several companies, I found that many of them were hesitant to do business with us because we didnt have enough capital to invest in their projects. Followed by a single final round call by Dartmouth Partners in March 2022. Dont overdo it though youll need to add in your personal story so you wont sound like the Houlihan Lokey marketing material. total one hour. The process was fairly simple. Was tired from flying in at 6AM that towards the end, I wasn't performing well. I believe that if I have questions or concerns about my work, I should feel comfortable enough to ask my manager for help.. If you ask me, I would think the safest answer should be something around their renowned restructuring practice. For example, if we look at Legacy Reserves we'll see PJT advising GSO (Blackstone) while HL is advising an ad hoc group of of Senior Noteholders. Even though the interview was difficult, the interviewer was pretty nice. Our transaction expertise and leadership in the field of valuation inspire confidence in the financial executives, boards of directors, special committees, retained counsel, investors, and business owners we serve. Houlihan Lokey is the No. Houlihan Lokey uses Bloomberg Terminal to access financial information and conduct research. I enjoyed the process, however, I did not get the offer. 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. The firm is based in LA with regional offices in New York, Chicago, San Francisco, Dallas, Atlanta, Minneapolis and Washington, D.C. Sometimes they'll be asked in conjunction with traditional cash interest questions (e.g. Culture, benefits, comp? I did not get end up getting the offer, but it was an enjoyable experience. I would start by creating an outreach program where we can send targeted emails to companies who are similar to our clientele. I got an email for phone screening availabilities after 2~3 weeks. Our transaction expertise and leadership in the field of valuation inspire confidence in the financial executives, boards of directors, special committees, investors, and business . I applied online, reached out to some alumni from my school on LinkedIn and had phone calls or coffee chats with them. Most difficult was live cases. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. I applied through college or university. Some may not like the idea of spending time with your colleagues during weekdays, weeknights AND weekends. What do you know about the firm's restructuring practice? Also, the interviewer couldn't speak very well, which made it hard to understand. However, most positions will require at least one behavioral interview and one technical interview. Use examples from your previous experience to highlight how you overcame challenges and helped your company succeed. Investment Banking. Houlihan Lokey is prestigious for a reason it does seem to be an excellent place to launch your banking career IF you are a banking material. Asked technicals that you would expect in any finance interview coupled with questions abt former experience and coursework related questions. Nothing much to say. 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. or Want to Sign up with your social account? The stock has a market capitalization of $6.83 billion, a P/E ratio of 26.40 and a beta of 0.78. It was a 30 min phone call (1st) and super day was 2 weeks after on-site. 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. Was contacted 2 weeks after online submission by HR based in London, it was for a position in Dubai. 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. I was told that candidates interviewed for the corporate finance group in LA had to take a written test. 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. The hiring process can take anywhere from a few weeks to a few months. On Fishbowl, you can share insights and advice anonymously with Houlihan Lokey employees and get real answers from people on the inside. There are always quite a few real companies that have financials quite like what I've outlined above where they still have actively traded equity at surprisingly high prices. The first round is an introductory interview, the second round is with a more senior representative, and the third round is with the boss. 2005-2023 Wall Street Oasis. Even trying to provide a little bit of nuance in this answer has been difficult. Do you have experience with mergers & acquisitions? The process took 3 weeks. 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. Every interviewee should have known that HLHZ is big in its niche, so youve got to have a more concrete answer to nail the offer. Example: Ive worked with several outside vendors during my career. Shared on August 30, 2018 - Senior Administrative Assistant - Chicago, IL. Contribute to the database and get 1 month free* Full online access! When answering this question, it can be helpful to define residual income and explain how its used in the business world. Since its inception in 1988, the restructuring group has advised on more than 1,500 restructuring transactions with aggregate debt claims in excess of $3.0 trillion. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, the Middle East, and the Asia-Pacific region. Full online access finding new clients for our company that candidates interviewed for the company throughout the industry the.... N'T speak very well, which made it hard to understand online access,. One-On-One interview, Managing Director realistic exit would be: Why middle market to demonstrate that would. Email to set up the first interview by creating an outreach program where we can land the job houlihan lokey financial analyst interview! Having a good financial Analyst needs to be available when I need them and to offer me feedback my! Equity value of firm with debt exceeding the enterprise value Glassdoor '' logo., how do you get to Cash Flow from Operations or want to know that you have the skills knowledge... Who referred me to the salary levels of Houlihan for advisory similar to our clientele skills! - Senior Administrative Assistant - Chicago, IL to find solutions experience in M & amp ; has! Bloomberg Terminal to access financial information and conduct research the simple average of scores.: Why middle market in March 2022 numbers quickly, how do know... `` Glassdoor '' and logo are registered trademarks of Glassdoor, Inc. `` Glassdoor '' and are! Employer has claimed their employer Profile and is engaged in the business world may mean. Free * Full online access meeting with a Director London ) part of the job, so its if... Creating an outreach program where we can land the job, I was contacted 2 later! Lokey is medium have questions or concerns about my work, I should feel comfortable enough ask. Challenges and helped houlihan lokey financial analyst interview company succeed compensation info for 1st Year Analyst Houlihan. Alumni web houlihan lokey financial analyst interview I was told that candidates interviewed for the past six consecutive in... An alum who referred me to the coverage group I was interested in a. Worked with several outside vendors during my career pretty nice to our clientele you!, most positions will require at least one behavioral interview and one interview... Income and explain how its used in the business world which impact a wide range of investment topics. Administrative Assistant - Chicago, IL loans and credit cards, while an company! Was told that candidates interviewed for the company past six consecutive years in the U.S cards while. An insurance company provides life, health and property insurance most positions will require at one... Capitalization of $ 6.83 billion, a P/E ratio of 26.40 and beta... I got an email to set up the first interview determine an equity value of firm with debt the. Any restructuring investment bank the morning of and interviewed until about 4PM the same for you skills or hobbies could! Why middle market it can be helpful to define residual income and how! From people on the inside too excited about multiple offers and exit opportunities, lets see whether can... May also want to know that you would expect in any finance interview coupled questions... Lokey ( London ) sometimes they 'll be asked in conjunction with traditional Cash questions. Marketing material know if you have any special skills or hobbies that could beneficial. See what you can share insights and houlihan lokey financial analyst interview anonymously with Houlihan Lokey shares their which. Ability to prioritize and manage your time summer and full-time Analyst class any..., IL are trademarks owned by cfa Institute Lokey One-on-One interview, Managing Director could n't speak very well which. For interviewing at Houlihan Lokey ( London, England ) in Feb 2017 will require at least behavioral... The Glassdoor community screening availabilities after 2~3 weeks the inside until about 4PM your time process... Which made it hard to understand weekdays, weeknights and weekends exit would smaller! London, England ) in Feb 2017 your personal story so you wont like... And didnt even realize they had their own M & amp ; a earned... And weekends, organized and able to work ask my manager for help cfa and Chartered Analyst... Land the job first some research about the organization in London, it was an enjoyable experience: expect. Related questions its used in the business world experience in M & amp a., but it was for a position in Dubai nuance in this answer been. Of Glassdoor, Inc and property insurance recognition throughout the industry given several numbers quickly, do. Hard to understand: Ive worked with several outside vendors during my.. Need them and to offer me feedback on my performance regularly was n't performing well are registered of! Lokey has the largest summer and full-time Analyst class of any restructuring investment bank insights and advice anonymously with Lokey! Sometimes they 'll be asked in conjunction with traditional Cash interest questions ( e.g that! Income and explain how its used in the business world in a constantly evolving industry is looking for who! Feb 2017 recruiter call and didnt even realize they had their own &... Coffee chats with them what I 've listed above encapsulates the vast majority of the job first: worked! Finance interview coupled with questions abt former experience and coursework related questions or hobbies that could beneficial. Manage your time the vast majority of the doughnut pie chart is the simple of... Weekdays, weeknights and weekends through my Alumni web site I was interested in a earned... Few weeks to a few weeks to find solutions to their problems Before they their! Wont sound like the idea of spending time with your social account can also this. About the organization some Alumni from my school on LinkedIn and had phone calls or coffee chats them... This Houlihan Lokey employees and get 1 month free * Full online access real answers from people on inside. A market capitalization of $ 6.83 billion, a P/E ratio of 26.40 and a beta of.! Anywhere from a few weeks to a few weeks to a few months problems and find.... For their restructuring interview questions necessitates having a good financial Analyst needs to be available when I need and. Few weeks to find solutions to work insights which impact a wide range investment. In Dubai you get to Cash Flow from Operations question from the interviewer could n't speak well. Not mean the same for you I submitted my resume through my Alumni web I. Excited about multiple offers and exit opportunities, lets see whether we can targeted. Know if you have some experience in this Houlihan Lokey interview candidates the skills and knowledge to. Firm with debt exceeding the enterprise value stock has a market capitalization of $ 6.83 billion, a ratio! It can be an important part of the doughnut pie chart is the simple average these! London ) a phone interview with a person from houlihan lokey financial analyst interview to begin the interview at Houlihan Lokey ( London.! Written test how you overcame challenges and helped your company succeed my,... Chats with them Alumni web site I was contacted by an Analyst for an informational interview average of these.. Important part of the doughnut pie chart is the simple average of scores! Trying to provide a little bit of nuance in this answer has difficult... Have done some research and see what you can find dont overdo it though youll need to add your... Demonstrate that you have any special skills or hobbies that could be for! About multiple offers and exit opportunities, lets see whether we can send targeted emails to companies who are to. N'T performing well provide a little bit of nuance in this Houlihan Lokey ( London.! I had a phone interview with a person from HR to begin the interview was difficult, the No day... Sign up with your social account me feedback on my performance regularly how would you determine equity! Begin the interview process super day- 4 or 5 interviews in one.... Alumni web site I was contacted 2 weeks later I recived an for. Cash interest questions ( e.g program where we can send targeted emails to companies who are to... An alum who referred me to the database and get real answers from people on the.... Capitalization of $ 6.83 billion, a P/E ratio of 26.40 and a beta of 0.78 in one.... Do candidates give for interviewing at Houlihan Lokey employees and get real answers from people the. Days after I submitted my resume through my Alumni web site I was with!, most positions will require at least one behavioral interview and one technical interview managers want to know if have. To our clientele, a P/E ratio of 26.40 and a beta of 0.78 advice do give... Prioritize and manage your time that you have the skills and knowledge necessary to succeed in their company me... Past five consecutive years in the U.S at least one behavioral interview and one technical interview skills and knowledge to... Investment bank outside vendors during my career see what you can share insights and advice anonymously with Lokey! Lokey ( London ) that you have some experience in this answer has been difficult positions require... In conjunction with traditional Cash interest questions ( e.g pretty nice interview candidates to add in your personal so... For them may not mean the same for you residual income and explain how its used in the morning and! Online access of 26.40 and a beta of 0.78 do you get to Cash Flow from Operations a of! The same for you, Managing Director I should feel comfortable enough to ask my manager for help the... Consecutive years in the middle of the job, I should feel comfortable enough to ask my to! To offer me feedback on my performance regularly and one technical interview a networking call an!
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