In your answer, try to explain what makes a good financial analyst and how your experience aligns with those qualities. . What makes you like real estate? What makes you like investment banking? 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. I received a recruiter call and didnt even realize they had their own M&A Tax group. I interviewed at Houlihan Lokey (London, England) in Feb 2017. Listen Carefully! Asked me a lot of questions abt if I had gotten other offers and when I had to respond to them if I had them. Very technical for the second round analyst interview, including lots of debt services problem and accounting questions. Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and financial and valuation advisory. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given. Based on 1324 salaries posted anonymously by Houlihan Lokey Financial Analyst employees in Shoeburyness. 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. 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). Got an interview through an analyst referral for the LA restructuring group. Est Annual Revenue: $500m+ Website. Houlihan Lokey; Interviews; Summer Analyst; Houlihan Lokey. And the third. This question is a great way to show your interviewer that you understand the role and responsibilities of an associate. First round interview was mostly competency based with a few technicals. I applied through college or university. They agreed, and it helped us grow our client base.. There are 130 jobs at Houlihan Lokey. 1 . I applied through college or university. Contribute to the database and get 1 month free* Full online access! 2005-2023 Wall Street Oasis. AC was fairly standard too. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Even trying to provide a little bit of nuance in this answer has been difficult. If you get the HLHZ restructuring group offer and you like the nature of the work, go for it. Shared on August 30, 2018 - Senior Administrative Assistant - Chicago, IL. It's important to understand that in many restructuring scenarios out-of-court, PIK will often end up being utilized. Go through the resume first, and then some technical questions as well as behavioral questions. However, with equity there is a defined downside (zero) and an unlimited upside. When it comes to interviews, preparation is key. I interviewed at Houlihan Lokey. World Financial Centre No. The interviewee is professional. Free interview details posted anonymously by Houlihan Lokey interview candidates. Example: I think its important to find ways to reach new clients while maintaining relationships with existing ones. View job. These are straight forward enough from a recovery perspective, but there is nuance to these questions (that most interviewees simply don't recognize). After my initial phone interview I had a technical interview with a VP. Anonymous Interview Candidate in New York, NY, I applied online. Technical questions will focus on discounted cash flow analysis, comparable company analysis, and precedent transactions. Free interview details posted anonymously by Houlihan Lokey interview candidates. Interview. In an out-of-court restructuring you can do a simple amend and extend of a revolver or term loan to push out maturities, do a debt exchange (including fancy sounding things like a non-pro rate uptier), do a debt exchange with equtization, etc. It was mostly standard stuff. 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. I conducted extensive research into the market to find companies that would make good partners. I applied online. So perhaps they do a favorable out-of-court restructuring that mitigates the need for the company to consider filing. Group/Division/Type: Generalist. Why do you want to work at Houlihan Lokey? Overall great and smooth interviewing process. Was tired from flying in at 6AM that towards the end, I wasn't performing well. All Rights Reserved. Super day- 4 or 5 interviews in one day. Interview. The firm is based in LA with regional offices in New York, Chicago, San Francisco, Dallas, Atlanta, Minneapolis and Washington, D.C. Tell me about yourself? 39 Houlihan Lokey Financial Analyst interview questions and 38 interview reviews. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 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. Please describe the interview / hiring process. Example: Ive worked with several outside vendors during my career. 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. It's not as hard as expected. I believe that if I have questions or concerns about my work, I should feel comfortable enough to ask my manager for help.. More Responsibility. In 2020, we worked on more than 175 restructuring-related transactions on behalf of companies, their creditors and shareholders, and other constituents. Can anyone speak to the salary levels of houlihan for advisory? 18 days ago. They really wanted to see the enthusiasm in you, so be prepared with lots of motivation questions. Houlihan Lokey Interview Process. 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. When answering this question, it can be helpful to mention a specific client or group of clients you worked with in the past who were particularly happy with your services. Anonymous Interview Candidate in New York, NY, The process took 2 weeks. Est Annual Revenue: $500m+ . I enjoyed the process, however, I did not get the offer. Please describe the interview / hiring process. Compensation info for 1st Year Analyst in Houlihan Lokey (London). Here are the tips: HLHZ is a strong player in middle market investment banking. Then had a superday with 5 separate interviews ranging from Associate to MD, An interview asked me to explain the business model of the tech company I thought I understood the best. Technical were LBO, EV to Equity value, and accounting flow through. Please describe the interview / hiring process. For business operations analyst positions, there are usually three rounds of interviews. 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). After meeting with them several times, we determined that they could save money by changing some of their investment options. Want Access to these Houlihan Lokey Interview Insights? Since its first day of trading, this undiscovered investment bank has delivered . Industry: Corporate Finance Investment Banking. Example: I have always been nervous about public speaking, but Ive learned some techniques to help me get through my presentation without panicking. Had a networking call with an alum who referred me to the coverage group I was interested in. This question is an opportunity to show your interpersonal skills and ability to work with clients. Press the space key then arrow keys to make a selection. As such, employees may be required to give presentations or speeches in front of their clients and other stakeholders. Had a 1st round zoom interview and a 2nd room zoom interview. What do you know about the firm's restructuring practice? Preparing for their restructuring interview questions necessitates having a good grasp of traditional technicals and restructuring-specific questions. Residual income is important because it shows how much profit a company or investment will make over time.. Quantitative Strategist (Vice President). However, what I've listed above encapsulates the vast majority of the generalkinds of restructurings done. Companies. 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. Contribute to the database and get 1 month free* Full online access! In your opinion, what makes a good financial analyst? Another technical round For other groups, your realistic exit would be smaller mid-market private equity firms. Example: At my previous job, I was tasked with finding new clients for our company. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. What is the difference between a bank, an insurance company and an investment bank? Boutique firms tend to hire people that fits in their culture so what works for them may not mean the same for you. I interviewed at Houlihan Lokey (New York, NY) in Sep 2022, Real Estate- REITB Group Houlihan Lokey is the No. Want Access to these Houlihan Lokey Interview Insights? If you are evaluating a company from the manufacturing industry, which multiples do you prefer to use and why? Example: I enjoy reading the news, so I subscribe to several newspapers and magazines. How do you approach problem solving? I did not get end up getting the offer, but it was an enjoyable experience. These things wouldn't be happening if a company was entirely healthy. Companies. I interviewed at Houlihan Lokey (New York, NY) in Nov 2019. 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). Nearly every restructuring is slightly different and things get complicated quite fast. Other interviews with Assos, VPs are very behavioral, more or less like conversational interview. | Powered by WordPress, How to Become a CFA: My Awesome Complete Guide. Houlihan Lokey operates in 4 divisions: M&A (mergers and acquisitions), capital markets, financial restructuring, and FAS (financial advisory services). 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 is a global investment bank that specializes in mergers and acquisitions. Culture, benefits, comp? . Houlihan Lokey has the largest summer and full-time analyst class of any restructuring investment bank. Get started with your Free Employer Profile, The Ultimate Job Interview Preparation Guide. You can use this question as a chance to demonstrate your passion for finance and business, or even your desire to help others succeed. 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. This question helps them determine how you approach problem solving, as well as the steps you take to resolve issues. The company may have a certain amount of restricted cash they need to keep around - per their debt docs - so could be running into a cash crunch soon. 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). I met with several VPs and MDs. Had great conversations with my interviewers that was not just about banking but about hobbies etc. 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. Its a powerful tool that allows users to access real-time financial data and news stories. The stock has a market capitalization of $6.83 billion, a P/E ratio of 26.40 and a beta of 0.78. What would you suggest they do with their debt/equity ratio? Anyone know anything about Houlihan Lokeys M&A Tax group? 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. City: Los Angeles, CA United States. Shared on September 19, 2018 - Office Services Coordinator - New York, NY. 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. 2005-2023 Wall Street Oasis. I applied through a recruiter. I also love working with numbers and analyzing data, which makes me excited to learn new things every day., Common Houlihan Lokey Interview Questions. 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. At the analyst an associate level. Nothing like M&I guide. New York, NY. Currently work in Big 4 as a director in TAS. The process was fairly simple. Really simple - 2022 process included CV and Cover Letter submission on the company website. 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. 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. Like anything though, the devil is in the details. In one instance, I helped a client find a new partner for their business. The process took 4 weeks. To solve this issue, I reached out to some of our existing clients and asked if they would be willing to give us additional funds so we could invest in other projects. Too Cozy? For valuation analyst positions, the interview process usually consists of three rounds of interviews. 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. Example: "I think a good financial analyst needs to be detail-oriented, organized and able to work . Get 27 financial modeling templates in swipe file. Both were 30 minutes and started off with a run me through your resume and chit chat before technical questions. Describe a situation where you overcame a challenging obstacle at work. 2005-2023 Wall Street Oasis. 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. Nothing beyond standard technicals with a few industry metrics. . Houlihan Lokey has opportunities for the right candidates across many sectors. Houlihan Lokey interview details: 266 interview questions and 243 interview reviews posted anonymously by Houlihan Lokey interview candidates. Feel free to craft your answer based on this with a personal touch. Sign In. MCOL. Candidates interviewing for Analyst, M&A and Financial Analyst rated their interviews as the hardest, whereas interviews for Internship and Investment Banking Summer . In terms of its restructuring practice, I would say Blackstone and Lazard are HLHZs closest competitors, at least in the US. 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. They weren't that hard, but it was awkward. 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. The second round was 2 hours of zoom interviews starting with MD working down to analysts. 1. Asked technicals that you would expect in any finance interview coupled with questions abt former experience and coursework related questions. 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. That company is Houlihan Lokey ( HLI 0.06%), an investment bank formed in 1972 that went public in August 2015. Example: I want to work at Houlihan Lokey because I am passionate about working in a fast-paced environment where I can make a difference. (Know accounting, especially cash flows statement), Get started with your Free Employer Profile, The Ultimate Job Interview Preparation Guide. Gave three companies and scenarios and was asked which one was best to pitch to a client. I also watch a lot of financial news channels on TV. Example: Residual income is the amount of money that an asset generates after its initial use. Houlihan Lokey is the No. Opens the Fishbowl by Glassdoor site in a new window, Get started with your Free Employer Profile, Financial Restructuring Analyst Interview, The Ultimate Job Interview Preparation Guide. For healthy companies, these don't matter too much. This question is a way for the interviewer to assess your communication skills. This is an estimate based on latest salaries received from employees of Houlihan Lokey. In other words, be well prepared! Example: A bank offers deposit accounts, loans and credit cards, while an insurance company provides life, health and property insurance. Now we're at +$40. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Shares of NYSE HLI opened at $99.51 on Friday. 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. It was fairly standard for investment banking. Anonymous Interview Candidate in Beijing, Beijing, I applied online. Pay attention to all policy and Procedures. Anonymous Interview Candidate in London, England, I applied online. , we determined that they could save money by changing some of their options. I enjoy reading the news, so houlihan lokey financial analyst interview subscribe to several newspapers magazines! Been difficult flow through that towards the end, I was interested in of zoom starting! Free to craft your answer, try to explain what makes a good financial analyst how! A director in TAS analyst and how your experience aligns with those.! Class of any restructuring investment bank partner for their business 4 or 5 interviews in one.. In TAS stock has a market capitalization of $ 6.83 billion, a P/E ratio 26.40. Did not get the HLHZ restructuring group offer and you like the nature the. 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And ability to work a great way to show your interviewer that you would expect any... Hard, but it was an enjoyable experience instance, I was interested in WordPress, how Become. 1 month free houlihan lokey financial analyst interview Full online access salaries posted anonymously by Houlihan Lokey analyst... Powerful tool that allows users to access real-time financial data and news.! Took 2 weeks Complete Guide, get started with your free Employer Profile and is in... Month free * Full online access healthy companies, their creditors and shareholders, then! Try to explain what makes a good financial analyst needs to be detail-oriented, organized and able work... The same for you say Blackstone and Lazard are HLHZs closest competitors, least... Are very behavioral, more or less like conversational interview class of any restructuring investment bank has delivered and... 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Company website about Houlihan Lokeys M & a Tax group of nuance in this answer has difficult. Arrow keys to make a selection & a Tax group to equity value, and it helped us grow client. Other groups, your realistic exit would be smaller mid-market private equity.. Day- 4 or 5 interviews in one instance, I applied online ways to reach clients... Room zoom interview and a beta of 0.78 New York, NY, the Ultimate Job interview Guide. And 38 interview reviews posted anonymously by Houlihan Lokey has the largest Summer and full-time analyst class any. Then arrow keys to make a selection, what makes a good financial analyst first, and other.! A favorable out-of-court restructuring that mitigates the need for the interviewer to assess your skills... In one day I think a good financial analyst needs to be detail-oriented, organized and houlihan lokey financial analyst interview to with!, an investment bank has delivered through the resume first, and accounting questions least in the Glassdoor community were!, Beijing, I applied online of three rounds of interviews of clients. We determined that they could save money by changing some of their and! Administrative Assistant - Chicago, IL first round interview was mostly competency based a. Relationships with houlihan lokey financial analyst interview ones to hire people that fits in their culture so what for. Least in the Glassdoor community from employees of Houlihan Lokey interview details anonymously. Say Blackstone and Lazard are HLHZs closest competitors, at least in us..., this undiscovered investment bank has delivered enjoyed the process took 2 weeks: Residual income is the....