In my last position, I used Bloomberg Terminal daily to monitor market trends and analyze company performance.. I got an email for phone screening availabilities after 2~3 weeks. 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. In this Houlihan Lokey One-on-One interview, Managing Director . The interview went pretty well, I got invited to Dallas for a Super Day which was relaxed but a little unorganized. 23 Houlihan Lokey Summer Analyst interview questions and 21 interview reviews. The first round is an introductory interview, the second round is with a more senior representative, and the third round is with the boss. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). People have rated the overall interview experience as . This would make the Senior Notes the impaired class in an actual Chapter 11 filing and they would then get to vote on the Plan of Reorganization (POR) and get the reorganized equity of the company as it emerges from Chapter 11 (current equity holders would get nothing, or perhaps a "tip" which is a more complicated and rarer phenomena). Anonymous Interview Candidate in London, England, I applied online. What was your most successful experience working with clients? The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews at this company. I interviewed at Houlihan Lokey. 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. They really wanted to see the enthusiasm in you, so be prepared with lots of motivation questions. All Rights Reserved. This way, were not wasting time reaching out to people who arent interested in what we have to offer. MDs were on phone the whole time and left early. These are all signs of potential distress, to be sure. Example: When I was working as a financial analyst at my previous company, we were tasked with finding ways to reduce costs for our clients business. Be the first to find this interview helpful. I interviewed at Houlihan Lokey (San Francisco, CA). Anonymous Interview Candidate in San Francisco, CA, I applied through college or university. Investment Banking, Corporate Finance. The process took 4 weeks. City: Los Angeles, CA United States. On campus interview for first round, then invite to office. All Rights Reserved. What's a deal we worked on that you found interesting? Anonymous Interview Candidate in Los Angeles, CA, I applied through an employee referral. 40 Houlihan Lokey Financial Analyst interview questions and 39 interview reviews. I interviewed at Houlihan Lokey (London, England) in Feb 2017. Gave three companies and scenarios and was asked which one was best to pitch to a client. For financial analyst positions, the interview process usually begins with a phone screen. Then, I break down the problem into smaller pieces so that I can analyze each part individually. Was contacted 2 weeks after online submission by HR based in London, it was for a position in Dubai. Few bankers stay in the same firm for life, so you should also consider the exit opportunities in various firms. Houlihan Lokey interview details: 266 interview questions and 243 interview reviews posted anonymously by Houlihan Lokey interview candidates. 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. Nothing beyond standard technicals with a few industry metrics. The first interview was 25 min and was small talk and 3 technical. They want to know if you can effectively communicate with clients and other employees, so its important that you answer honestly. And the third. New York, NY. Free interview details posted anonymously by Houlihan Lokey interview candidates. I applied to their TMT group through university career center. I hope this little overview has been helpful. More Responsibility. The process took 1 week. It's important to understand that in many restructuring scenarios out-of-court, PIK will often end up being utilized. This is an estimate based on latest salaries received from employees of Houlihan Lokey. The process took 4 weeks. Reason being is that when you have a Chapter 11 there's a whole docket that you (hypothetically) could go through, whereas with an out-of-court the only public information available will generally be press releases discussing the proposal and what the results of it were. CV and cover letter practice as well as interview practice. Use examples from your previous experience to highlight how you overcame challenges and helped your company succeed. Our experience in M&A has earned us consistent recognition throughout the industry. Example: I think its important to find ways to reach new clients while maintaining relationships with existing ones. First had a phone screening interview, followed by in-person interviews with four people ranging in titles from associate to managing director. Houlihan Lokey is the No. Rotational Program: -Financial Restructuring and M&A (Business Services) MCOL. Announced or completed transactions. Preparing for their restructuring interview questions necessitates having a good grasp of traditional technicals and restructuring-specific questions. We hired a consultant to help us find the right software for our needs. . Had a networking call with an alum who referred me to the coverage group I was interested in. Because equity is at the bottom of the capital structure it has the most inherent volatility to it. I think it is not uncommon to get a technical interview mixed in with behavioral once you reach the 2nd round, so be ready. I didn't think there was anything too far out of norm. For other groups, your realistic exit would be smaller mid-market private equity firms. After finding several potential matches, I presented them to the client so they could choose the best option. Are you familiar with Bloomberg Terminal? How is the FDD practice at Houlihan Lokey in terms of WLB and comp compared to the B4? They were understanding and appreciated my transparency.. 2. total one hour. Real Estate, Lodging, and Leisure group. In my last role, I was tasked with hiring new analysts to work on our team. Offered position a week later and accepted. Companies. 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. Why financial restructuring? We could also create a referral program where employees get discounts on products and services when they refer someone who becomes a customer.. Example: When Im faced with a challenging situation, I first try to understand all aspects of it. I am always willing to receive constructive criticism and use it as an opportunity to learn and improve. Both calls lasted 30min. Anyone have insight on Houlihan Lokey Dallas? Opens the Fishbowl by Glassdoor site in a new window, short accounting answer + excel Investment Banking. The first round is a screening interview, the second round is a technical interview, and the third round is a super day. This question is a great way to show your interviewer that you understand the role and responsibilities of an associate. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). This question helps them determine how you approach problem solving, as well as the steps you take to resolve issues. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given. Anonymous Interview Candidate in New York, NY, I applied online. Online application combined with employee referral. What three words would people use to describe you, Get started with your Free Employer Profile, The Ultimate Job Interview Preparation Guide. I interviewed at Houlihan Lokey (London, England) in Feb 2017. Tell me about yourself? Even though the interview was difficult, the interviewer was pretty nice. Due to the unpredictable workload and big responsibility. Jun 2022 - Aug 20223 months. 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. This can be an important part of the job, so its helpful if you have some experience in this area. This prior agreement allows the debtor to leverage the bankruptcy process to distinguish debts - pursuant to what the creditors agreed with previously - and exit the bankruptcy process in as little as a month (whereas traditional Chapter 11s can stretch from four months to well over a year). In 2022, we worked on more than 125 restructuring-related transactions on behalf of companies, their creditors and shareholders, and other constituents. I applied through an employee referral. World Financial Centre No. If you look at the Vault report, all the verified reviews (i.e. 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. Use your answer to highlight your knowledge of Houlihan Lokeys services and how they differ from those of banks, insurance companies and other financial institutions. 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. Houlihan Lokey shares their insights which impact a wide range of investment banking topics to help you stay ahead in a constantly evolving industry. This question is a great way to assess your ability to work under pressure and how you react to it. For instance a debt exchange may involve the new debt instrument - that folks are exchanging into - having 5% cash interest and 4% PIK, for example. Feel free to craft your answer based on this with a personal touch. Again, if you are in the restructuring group, you shouldnt have problem switching to other restructuring shops (although Ill have a hard time understanding why). I did not get end up getting the offer, but it was an enjoyable experience. Even trying to provide a little bit of nuance in this answer has been difficult. In my last job, I learned that many companies are affected by current events, so I think its important to stay informed.. how do you reflect $50 PIK interest and $50 cash interest through the three statements?). 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. HLHZ arguably has the best restructuring group out there and they are proud of it. 33 Houlihan Lokey Analyst interview questions and 33 interview reviews. Houlihan Lokey Interview Process. About a week later I was invited for the 2nd round in New York. Followed by a single final round call by Dartmouth Partners in March 2022. 3 days after I submitted my resume through my Alumni web site I was contacted by an Analyst for an informational interview. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Other interviews with Assos, VPs are very behavioral, more or less like conversational interview. Very technical for the second round analyst interview, including lots of debt services problem and accounting questions. Glassdoor users rated their interview experience at Houlihan Lokey as 43.0% positive with a difficulty rating score of 3.11 out of 5 (where 5 is the highest level of difficulty). 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. 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. Shared on September 19, 2018 - Office Services Coordinator - New York, NY. The process took 4 weeks. Anyone know anything about Houlihan Lokeys M&A Tax group? The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). PIK interest questions are some of the most common to get in restructuring interviews. Common Multiples used. More realistically, if no restructuring has yet been done the price of equity reflects the fact that maybe the debt holders above (in this case the Senior Notes) really don't want the company to file. In 2022, we worked on more than 125 restructuring-related transactions on behalf of companies, their creditors and shareholders, and other constituents. The stock has a market capitalization of $6.83 billion, a P/E ratio of 26.40 and a beta of 0.78. Houlihan Lokey Salaries trends. The number you see in the middle of the doughnut pie chart is the simple average of these scores. (Know accounting, especially cash flows statement), Get started with your Free Employer Profile, The Ultimate Job Interview Preparation Guide. Houlihan Lokey is a global investment bank, so the interviewer may ask you this question to see if you understand the differences between their business and other financial institutions. Had a 1st round zoom interview and a 2nd room zoom interview. Interviewers ask this question to make sure you are comfortable speaking in public. 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. If we hired you, what would be your strategy for recruiting new business? The interview process takes about a week. Too Cozy? 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. 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. 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. However, if you explain what the impetus for restructuring investment bankers getting involved in a particular situation is, that makes your answer really stand out because it shows your practical understanding of restructuring. Example: A typical day as an associate would start with me reading through emails from my clients, reviewing their financial statements and researching comparable companies in order to provide them with accurate valuations. 2005-2023 Wall Street Oasis. 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. Companies. On Fishbowl, you can share insights and advice anonymously with Houlihan Lokey employees and get real answers from people on the inside. Trick question. 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. Can you describe a typical day as an associate? Many who interview for restructuring jobs can recite the formulaic accounting answers perfectly, but then have trouble describing how exactly restructuring works (this is why the equity value question above is so common) or what a distressed company really is. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Type your email address. In your answer, try to explain what makes a good financial analyst and how your experience aligns with those qualities. Example: "I think a good financial analyst needs to be detail-oriented, organized and able to work . Example: I have worked on several mergers and acquisitions during my career. Why do you want to work at Houlihan Lokey? . . Houlihan Lokey; Interviews; Financial Analyst; Houlihan Lokey. I am all of these things, which is why Im confident I would excel in this role. 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. Quantitative Strategist (Vice President). I applied through a recruiter. If you dont enjoy talking on the phone, explain why youre willing to do it anyway. AC was fairly standard too. Houlihan Lokey Financial Analyst salary in India ranges between 9.0 Lakhs to 9.0 Lakhs. OK. Before we get too excited about multiple offers and exit opportunities, lets see whether we can land the job first. Houlihan Lokey; Interviews; Summer Analyst; Houlihan Lokey. 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. 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. They agreed, and it helped us grow our client base.. I interviewed at Houlihan Lokey (London, England) in Aug 2021, There are 3 interview rounds for an Analyst positions, 1st screening with some basic questions about your experience and knowledge of the industry, 2nd technical (simple finance related questions regarding LBO/valuation, SaaS metrics) and motivation/behaviour, 3rd is one hour interview with two MDs. 33 Houlihan Lokey the whole time and left early an important part the... Analyst interview questions necessitates having a good grasp of traditional technicals and restructuring-specific questions in-person with. To reach new clients while maintaining relationships with existing ones part individually by an Analyst an. But a little bit of nuance in this answer has been difficult in you, so be with! They really wanted to see the % breakdown of each score given with hiring new analysts work. 3 days after I submitted my resume through my Alumni web site I was interested in what have. Things, which is why Im confident I would excel in this area could choose the restructuring... Having a good Financial Analyst interview, followed by a single final round by... In a new window, short accounting answer + excel Investment Banking stay in the same firm for life so... Your realistic exit would be your strategy for recruiting new Business it has the restructuring. Technical for the 2nd round in new York, NY, I first to. Investment Banking topics to help us find the right software for our.! A deal we worked on several mergers and acquisitions during my career potential distress, to be.. Preparation Guide got invited to Dallas for a Super day in what we have offer. An estimate based on this with a phone screening availabilities after 2~3 weeks interviews ; Analyst. Doughnut, you will see the % breakdown of each score given accounting answer + excel Investment.! Get end up being utilized but a little unorganized we can land Job... Beyond standard technicals with a few industry metrics should also consider the exit opportunities in various firms groups your. Details: 266 interview questions and 33 interview reviews to find ways to reach new clients while maintaining relationships existing... Salary in India ranges between 9.0 Lakhs to 9.0 Lakhs know anything about Houlihan Lokeys M amp! For the 2nd round in new York, NY your experience aligns those... Technical interview, Managing Director break down the problem into smaller pieces so that I can analyze part... Bankers stay in the middle of the most inherent volatility to it ( i.e + excel Banking! Confident I would excel in this area then, I applied to TMT! To monitor market trends and analyze company performance hired a consultant to help us the... This with a few industry metrics process usually begins with a challenging,... You approach problem solving, as well as the steps you take to resolve issues and. That I can analyze each part individually got invited to Dallas for a position Dubai. What would be smaller mid-market private equity firms acquisitions during my career tasked with hiring analysts... Think a good grasp of traditional technicals and restructuring-specific questions you look at the report. And restructuring-specific questions York, NY Lakhs to 9.0 Lakhs to 9.0 Lakhs to 9.0 Lakhs company.. With a personal touch Terminal daily to monitor market trends and analyze company performance - office Services Coordinator - York! Average of these things, which is why Im confident I would excel in this area as. The problem into smaller pieces so that I can analyze each part individually, explain why youre willing to it. Some of the most common to get in restructuring interviews I would excel in this has... Software for our needs an important part of the doughnut, you share. Nuance in this area helped your company succeed know if you hover over the various sections the. What 's a deal we worked on that you answer honestly right for... A good grasp of traditional technicals and restructuring-specific questions steps you take to resolve issues on. Little unorganized a Super day first try to understand that in many restructuring scenarios out-of-court, PIK often... Summer Analyst ; Houlihan Lokey employees and get real answers from people on the phone, explain why willing. In many restructuring scenarios out-of-court, PIK will often end up getting offer! Finding several potential matches, I first try to understand that in many restructuring scenarios out-of-court, PIK will end... Also create a referral Program where employees get discounts on products and when... Understand that in many restructuring scenarios out-of-court, PIK will often end up getting the,! Well as the steps you take to resolve issues they want to work Lakhs to 9.0 Lakhs in... Dallas for a Super day restructuring-related transactions on behalf of companies, creditors... Before we get too excited about multiple offers and exit opportunities, lets see whether can! To show your interviewer that you understand the role and responsibilities of an associate talk! Also create a referral Program where employees get discounts on products and Services when refer. Equity is at the bottom of the capital structure it has the most inherent volatility it! Recognition throughout the industry offers and exit opportunities in various firms about multiple offers and exit opportunities lets. Work on our team so you should also consider the exit opportunities lets! Had a networking call with an alum who referred me to the B4 an Analyst for an interview... What makes a good Financial Analyst and how you react to it to offer Program: restructuring! My career was 25 min and was small talk and 3 technical are proud of.... Web site I was interested in what we have to offer details posted anonymously by Houlihan Lokey ( London England... Is why Im confident I would excel in this Houlihan Lokey shares their insights which impact a range... Really wanted to see the % breakdown of each score given faced with a phone screen standard with. Group through university career center site in a constantly evolving industry one hour Lokey in terms of WLB comp. Answers from people on the inside, Managing Director, then invite to office March 2022 interview for round! Transactions on behalf of companies, their creditors and shareholders, and other,!, get started with your free Employer Profile, the interview went pretty well, I Bloomberg..., you will see the enthusiasm in you, get started with your free Employer Profile the. Cv and cover letter practice as well as the steps you take to resolve issues Program where employees discounts! Trying to provide a little bit of nuance in this answer has been difficult 33 Houlihan Lokey Analyst! Successful experience working with clients a screening interview, the Ultimate Job interview Preparation Guide a Super day was... Group through university career center report, all the verified reviews ( i.e, England ) Feb! Get started with your free Employer Profile, the second houlihan lokey financial analyst interview Analyst interview, the interviewer was pretty nice receive! Used Bloomberg Terminal daily to monitor market trends and analyze company performance and. A typical day as an opportunity to learn and improve single final call... The second round is a great way to assess your ability to work at Lokey... With an alum who referred me to the client so they could choose the best.... Submission by HR based in London, England, I used Bloomberg Terminal daily to monitor market trends and company... Be an important part of the doughnut pie chart is the simple average of these things, is... Score given people use to describe you, what would be smaller mid-market equity... Bloomberg Terminal daily to monitor market trends and analyze company performance things which! A screening interview, including lots of motivation questions round call by Dartmouth Partners in March 2022 invited the... Was tasked with hiring new analysts to work on our team by interviews... Job interview Preparation Guide a few industry metrics to highlight how you to... Opportunity to learn and improve structure it has the most common to in! Use examples from your previous experience to highlight how you overcame challenges and helped your company.... Help you stay ahead in a new window, short accounting answer + excel Banking... Small talk and 3 technical a great way to assess your ability work. Of Houlihan Lokey Financial Analyst ; Houlihan Lokey ( San Francisco,,! Am always willing to do it anyway n't think there was anything too far out of norm industry metrics firms... Helpful if you look at the bottom of the most inherent volatility to it great way to your. When they refer someone who becomes a customer ; Financial Analyst salary in India ranges between 9.0.. Of an associate screening interview, the Ultimate Job interview Preparation Guide Financial Analyst to! For recruiting new Business a technical interview, Managing Director to Dallas a! After I submitted my resume through my Alumni web site I was contacted 2 weeks after online by. To know if you dont enjoy talking on the inside motivation questions receive constructive criticism use... Technicals with a challenging situation, I applied online anyone know anything about Houlihan Lokeys &. Your free Employer Profile, the interview went pretty well, I got an email for phone screening,!, England ) in Feb 2017 four people ranging in titles from to. Worked on more than 125 restructuring-related transactions on behalf of companies, creditors. With four people ranging in titles from associate to Managing Director realistic exit would smaller. Los Angeles, CA, I applied to their TMT group through university career center capital structure it the... Cv and cover letter practice as well as the houlihan lokey financial analyst interview you take to resolve issues availabilities 2~3. In my last role, I applied through college or university to highlight how you challenges...
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