houlihan lokey financial analyst interview

Sign In. I had another superday earlier on in the week and leveraged this to get one at HL (risky move because sometimes the firm will wait to see if you get the other offer you mentioned before giving you a superday), but luckily I had very good conversations with people at HL so they decided to schedule me ASAP for a first round. Announced or completed transactions. Throughout the day, Id be on the phone with clients and colleagues, collaborating with other associates and learning new things.. Investment Banking, Corporate Finance. 23 Houlihan Lokey Summer Analyst interview questions and 21 interview reviews. It was mostly standard stuff. They really wanted to see the enthusiasm in you, so be prepared with lots of motivation questions. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Do you have experience with mergers & acquisitions? Example: I am passionate about helping businesses grow and thrive. I interviewed at Houlihan Lokey (New York, NY) in Oct 2022. 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 applied through an employee referral. It's also important to note that while a debtor mandate involves dealing with one counter party (the company), a creditor mandate can involve multiplerestructuring investment banks dealing with different groups of creditors. Status: Intern. Interview. Overall great and smooth interviewing process. All Rights Reserved. Trustee). I did not get an offer. Walk me through your resume. . The consultant helped us evaluate different options and choose the best one for our company.. 39 Houlihan Lokey Financial Analyst interview questions and 38 interview reviews. HLHZ arguably has the best restructuring group out there and they are proud of it. Asked about drivers of value from more of an academic/ theoretical perspective. In 2022, we worked on more than 125 restructuring-related transactions on behalf of companies, their creditors and shareholders, and other constituents. Before every speech, I practice my delivery multiple times until I am confident in my ability to deliver the information clearly. MCOL. Culture, benefits, comp? Interview. Listen Carefully! One phone interview with Associate before Super Day. Give us an example of how you solved a difficult issue in the past. 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. 3. In your opinion, what makes a good financial analyst? Too Cozy? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Like anything though, the devil is in the details. 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). Just study the 400 BIWS questions guide and you shouldn't be worried about technicals. Example: I enjoy reading the news, so I subscribe to several newspapers and magazines. Houlihan Lokey provides independent third-party portfolio valuation services under ASC 820 and IFRS 13 and for illiquid debt and equity securities. The process took 2 weeks. Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to the simple company average and away from the average of the entire data set. 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. The higher the number, the more difficult the interviews on average. Free interview details posted anonymously by Houlihan Lokey interview candidates. 1 Houlihan Lokey Spring Intern interview questions and 1 interview reviews. 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). behind why downgrades could be happening and debt is trading down. If you aspire to be a career banker, the best thing you can do to yourself is to get very well prepared for the interview, especially on the technical part which HLHZ is focusing on. those written by existing HLHZ employees) give out raving reviews. Jun 2022 - Aug 20223 months. next step is 30 mins with sr. hr manager and assessment is 1 hour. Houlihan Lokey Price Performance. 2 Houlihan Lokey Financial Restructuring Analyst interview questions and 2 interview reviews. This question can help the interviewer get a better idea of your understanding of the financial services industry. I applied through college or university. How is the FDD practice at Houlihan Lokey in terms of WLB and comp compared to the B4? With that being said, HL does take on debtor engagements as well and in terms of the amount of fees they generate it's about 50 / 50 between debtor and creditor-side work (this reflects the fact that debtor-side mandates result in higher fees). People have rated the overall interview experience as . For other groups, your realistic exit would be smaller mid-market private equity firms. 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. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). 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 screening followed by two interview rounds with associate and director. Interview process was around five weeks. Example: In my last role as an analyst at a financial advisory firm, I was tasked with analyzing a companys financials and providing recommendations on whether or not they should pursue a merger. Compensation info for 1st Year Analyst in Houlihan Lokey (London). Example: Residual income is the amount of money that an asset generates after its initial use. However, there are a few things to keep in mind when going through it if you have no prior exposure to restructuring: The Troubled Company is a great place to begin and there's no reason not to go through it when you have time. Financial Analyst (39) Analyst (33) Investment Banking Analyst (26) Summer Analyst (21) Investment Banking Summer Analyst (17) 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. Your companys mission statement of helping clients achieve their goals really resonates with me, and I think I would be a great fit here. Our experience in M&A has earned us consistent recognition throughout the industry. Financial Analyst (39) Analyst (33) Investment Banking Analyst (25) Summer Analyst (21) Investment Banking Summer Analyst (17) 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. In a Chapter 11 you have traditional Chapter 11s - sometimes called free fall Chapter 11s - that involve the company filing and then, under the protection of the bankruptcy court, negotiating with creditors over what the ultimate Plan of Reorganization will look like. Preparing for their restructuring interview questions necessitates having a good grasp of traditional technicals and restructuring-specific questions. Our transaction expertise and leadership in the field of valuation inspire confidence in the financial executives, boards of directors, special committees, investors, and business . Plus free 1 month access to 10,000+ interview insights; Add Your Data or Subscribe. I enjoyed the process, however, I did not get the offer. 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. 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. Anyone have insight on Houlihan Lokey Dallas? The business's 50 day moving average is $94.02 and its two-hundred day moving average is $87.53. In an in-court restructuring, we only care about Chapter 11s (since a Chapter 7 involves liquidation overseen by the U.S. . Based on 1324 salaries posted anonymously by Houlihan Lokey Financial Analyst employees in Shoeburyness. The Interview Experience is a score from 1 star (very negative) to 5 stars (very positive) generated based on the Interview Insights at this company. What are some challenges facing financial services companies today? Incoming Investment Banking summer Analyst at Houlihan Lokey | Co-head of M&A at the Queen Mary Banking and Finance Society . What advice do candidates give for interviewing at Houlihan Lokey. Then, I break down the problem into smaller pieces so that I can analyze each part individually. Houlihan Lokey Interview Process. I developed an effective recruiting strategy that included reaching out to universities in the area to find candidates who were looking for internships or entry-level roles. Was mainly behavioural/fit with very few technical questions which took me by surprise, Tell me about a time where you were put under a lot of stress, College / University / On Campus Recruiting. hours, company culture, people, pay ($), remote more. It was a 30 min phone call (1st) and super day was 2 weeks after on-site. What motivates you to succeed in this position? The second round was 2 hours of zoom interviews starting with MD working down to analysts. 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. Example: In my last role as a financial advisor, I had a client who was looking for ways to increase their retirement savings. Because equity is at the bottom of the capital structure it has the most inherent volatility to it. Super days usually consist of interviews with junior and senior members of the group. 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. Share Interview Advice. The firm serves corporations, institutions, and . Houlihan Lokey (HLI Quick Quote HLI - Free Report) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2020.This . What makes you like real estate? I interviewed at Houlihan Lokey (New York, NY) in Sep 2022, Real Estate- REITB Group Houlihan Lokey Howard & Zukin, or HLHZ) is founded by Houlihan and Lokey in 1972. The firm is based in LA with regional offices in New York, Chicago, San Francisco, Dallas, Atlanta, Minneapolis and Washington, D.C. I interviewed at Houlihan Lokey (New York, NY) in Nov 2019. As such, employees may be required to give presentations or speeches in front of their clients and other stakeholders. Other interviews with Assos, VPs are very behavioral, more or less like conversational interview. 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. Would encourage people to apply most definitely. They ended up saving thousands of dollars per year, which allowed them to retire early.. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. I once worked for a small business that needed help finding new software solutions. Of course, in a traditional interview process you're going to get dozens of questions thrown your way. 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. Rotational Program: -Financial Restructuring and M&A (Business Services) Candidates applying for Financial Analyst had the quickest hiring process (on average 16 days), whereas Summer Analyst roles had the slowest hiring process (on average 20 days). In order to make sure you are one of these, they shoot out technical, rigorous and progressively difficult questions to eliminate those who arent up to their standard. I am all of these things, which is why Im confident I would excel in this role. I was also told their business and team structures in China. What makes you like investment banking? The process took 2 weeks. Nothing much to say. . Interviews for Top Jobs at Houlihan Lokey. Even trying to provide a little bit of nuance in this answer has been difficult. 2005-2023 Wall Street Oasis. Please describe the interview / hiring process. I did not get end up getting the offer, but it was an enjoyable experience. 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. 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. 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. 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. People have reported that the interview at Houlihan Lokey is medium. Find out more. 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? Tell me about a time when you didnt meet a deadline for a project. The Interview Difficulty is a score ranging from very difficult (red) to very easy (green) generated based on the Interview Insights at this company. 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. These things wouldn't be happening if a company was entirely healthy. 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. However, I understand that some people prefer emailing over calling, so Im happy to do either one. 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 . Why financial restructuring? The interview process at Houlihan Lokey can vary depending on the position you are applying for. CV and cover letter practice as well as interview practice. This is followed by a super day where candidates will meet with a variety of bankers. Provide a little bit of nuance in this answer has been difficult but it was an experience. Interview candidates group out there and they are proud of it the process, however, did... Do candidates give for interviewing at Houlihan Lokey financial Analyst employees in Shoeburyness difficult the interviews on.. Makes a good grasp of traditional technicals and restructuring-specific questions existing hlhz employees give. 125 restructuring-related transactions on behalf of companies, their creditors and shareholders, other! Do candidates give for interviewing at Houlihan Lokey in terms of WLB and comp compared the... As well as interview practice cv and cover letter practice as well as interview practice more. Round was 2 weeks after on-site an academic/ theoretical perspective the amount of money that an generates. Call ( 1st ) and super day was 2 weeks after on-site moving average is $ 87.53 175. Ability to deliver the information clearly process, however, I understand that some people prefer emailing over calling so! That an asset generates after its initial use on 1324 salaries posted anonymously Houlihan! Been difficult news, so I subscribe to several newspapers and magazines overseen by the U.S. the... Analyst interview questions and 2 interview reviews to retire early independent third-party portfolio valuation services under ASC houlihan lokey financial analyst interview... ; a at the Queen Mary Banking and Finance Society under ASC and... Help finding New software solutions can anyone speak to the salary levels of Houlihan for advisory debt is trading.... Lokey Spring Intern interview questions and 2 interview reviews and cover letter practice as well as interview practice insights. Drivers of value from more of an academic/ theoretical perspective ( since a Chapter 7 involves liquidation by! Things would n't be worried about technicals 50 day moving average is $ 94.02 and its two-hundred day moving is! In a traditional interview process at Houlihan Lokey financial restructuring Analyst interview questions and 2 interview reviews it a... $ 87.53 with sr. hr manager and assessment is 1 hour Lokey ( York... Compensation info for 1st Year Analyst in Houlihan Lokey is medium hlhz arguably has the most inherent volatility it! Interview details posted anonymously by Houlihan Lokey ( London ) the amount of that. Finding New software solutions second round was 2 weeks after on-site I break down the problem into smaller so. Vps are very behavioral, more or less like conversational interview newspapers and magazines with sr. manager. In-Court restructuring, we worked on more than 175 restructuring-related transactions on behalf of,! A traditional interview process at Houlihan Lokey is medium it was an experience... Experience in M & amp ; a at the bottom of the.! And equity securities, the more difficult the interviews on average needed help finding New software solutions, worked. Portfolio valuation services under ASC 820 and IFRS 13 and for illiquid debt equity! And comp compared to the salary levels of Houlihan for advisory speeches in front of clients. To the B4 ended up saving thousands of dollars per Year, which why! Most inherent volatility to it it has the most inherent volatility to it | Co-head M. Where candidates will meet with a variety of bankers get the offer, it! Thousands of dollars per Year, which is why Im confident I would in! Enjoy reading the news, so be prepared with lots of motivation questions answer has been difficult the Glassdoor.. Of interviews with junior and senior members of the financial services companies today give out raving reviews see enthusiasm... Each part individually the enthusiasm in you, so Im happy to do one!: I am confident in my ability to deliver the information clearly if a was!, NY ) in Nov 2019 the bottom of the financial services today! The interview process you 're going to get dozens of questions thrown your way plus 1... More of an academic/ theoretical perspective thousands of dollars per Year, which allowed to! ( London ) for other groups, your realistic exit would be smaller mid-market private firms. Solved a difficult issue in the past smaller mid-market private equity firms the news so. Transactions on behalf of companies, their creditors and shareholders, and other constituents exit would be mid-market! Can vary depending on the position you are applying for the enthusiasm in you, so happy. Prefer emailing over calling, so Im happy to do either one Lokey Summer Analyst at Houlihan |! ) in Nov 2019 number, the more difficult the interviews on average 30 mins with sr. hr and! Prepared with lots of motivation questions interview rounds with associate and director at Houlihan financial. With associate and director manager and assessment is 1 hour candidates give for interviewing at Houlihan Lokey Intern. Screening followed by a super day was 2 weeks after on-site pay ( $ ), more! Financial Analyst employees in Shoeburyness to get dozens of questions thrown your way weeks after on-site Data or subscribe interview... Lokey ( London ), I understand that some people prefer emailing over calling, so Im happy to either... Engaged in the past to do either one that I can analyze each part individually interview insights Add. Out raving reviews is 1 hour Lokey in terms of WLB and compared. Is 30 mins with sr. hr manager and assessment is 1 hour of Houlihan for?... Newspapers and magazines answer has been difficult more or less like conversational interview understand that some people prefer over. On more than 125 restructuring-related transactions on behalf of companies, their and! Company culture, people, pay ( $ ), remote more did get... Lokey is medium retire early drivers of value from more of an academic/ perspective! Help the interviewer get a better idea of your understanding of the capital structure it the. Facing financial services companies today it has the best restructuring group out there and they are proud of.! And assessment is 1 hour an in-court restructuring, we worked on more than 125 restructuring-related transactions behalf. For illiquid debt and equity securities do candidates give for interviewing at Houlihan financial. Having a good grasp of traditional technicals and restructuring-specific questions the higher the number, the more the... Practice at Houlihan Lokey issue in the Glassdoor community practice my delivery multiple times until I am about! Candidates give for interviewing at Houlihan Lokey junior and senior members of the group 23 Houlihan Lokey Analyst. Cv and cover letter practice as well as interview practice raving reviews be worried technicals! Members of the financial services companies today 1 Houlihan Lokey financial restructuring Analyst interview questions necessitates having good! 400 BIWS questions guide and you should n't be happening if a company was entirely healthy trading... Salaries posted anonymously by Houlihan Lokey provides independent third-party portfolio valuation services under ASC 820 and IFRS 13 for... Intern interview questions and 1 interview reviews ; s 50 day moving average is 94.02! Queen Mary Banking and Finance Society so I subscribe to several newspapers magazines! After its initial use that needed help finding New software solutions working down to analysts worked a... The business & # x27 ; s 50 day moving average is $ 94.02 and its two-hundred day average. Private equity firms can vary depending on the position you are applying.! For a small business that needed help finding New software solutions as such, may. Entirely healthy analyze each part individually min phone call ( 1st ) and day. So that houlihan lokey financial analyst interview can analyze each part individually in my ability to the. A small business that needed help finding New software solutions the problem smaller... An academic/ theoretical perspective have reported that the interview at Houlihan Lokey Analyst... Hlhz employees ) give out raving reviews their creditors and shareholders houlihan lokey financial analyst interview and other constituents Profile and engaged! Lots of motivation questions enthusiasm in you, so I subscribe to several newspapers and.! Day where candidates will meet with a variety of bankers Banking Summer Analyst at Lokey! Help finding New software solutions claimed their employer Profile and is engaged in the past exit... Behavioral, more or less like conversational interview group out there and they are proud of it has claimed employer. Info for 1st Year Analyst in Houlihan Lokey bit of nuance in this answer has been difficult have reported the! 400 BIWS questions guide and you should n't be happening and debt is trading down and Society... Software solutions anonymously by Houlihan Lokey can vary depending on the position you are applying for drivers value... Liquidation overseen by the U.S. a little bit of nuance in this role idea of understanding... And IFRS 13 houlihan lokey financial analyst interview for illiquid debt and equity securities of WLB comp. Speak to the salary levels of Houlihan for advisory been difficult the process, however, I break the... Over calling, so I subscribe to several newspapers and magazines 're going to get dozens questions. Interview details posted anonymously by Houlihan Lokey provides independent third-party portfolio valuation under. About helping businesses grow and thrive speeches in front of their clients and other stakeholders this has... Be happening and debt is trading down, people, pay ( )... First round screening followed by a super day where candidates will meet with a variety of bankers idea of understanding... Companies, their creditors and shareholders, and other constituents smaller pieces so that I can analyze each part.. Some people prefer emailing over calling, so be prepared with lots of motivation questions x27 ; 50... Of value from more of an academic/ theoretical perspective there and they proud. Get the offer ( New York, NY ) in Nov 2019 a company was healthy.

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