houlihan lokey financial analyst interview

What do you know about the firm's restructuring practice? The team and I worked hard to find solutions to help our client save money without sacrificing quality or efficiency. When answering this question, it can be helpful to define residual income and explain how its used in the business world. MCOL. I applied online. Houlihan Lokey has the largest, most experienced worldwide financial restructuring practice of any investment banking firm, with more than 250 professionals located in offices across the globe. I applied through college or university. Use examples from your previous work to highlight your expertise in this area. 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. For many who are just getting interested in restructuring, HL's case study - The Troubled Company - is the first thing that they read. They agreed, and it helped us grow our client base.. 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. This question is a great way to test your knowledge of financial terms and concepts. Had a 1st round zoom interview and a 2nd room zoom interview. How would you determine an equity value of firm with debt exceeding the enterprise value? What is the difference between a bank, an insurance company and an investment bank? Anonymous Interview Candidate in Beijing, Beijing, I applied online. The firm has monthly happy hours and quarterly events, such as golf outings and parties to reward its employees for all their contributions. Nothing much to say. Nothing much to say. PIK interest questions are some of the most common to get in restructuring interviews. Here are the tips: HLHZ is a strong player in middle market investment banking. 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). 1. I applied through college or university. If firm A and B has same revenue, same location, same product, why would firm A pay $5M tax and B pay $0? I applied through college or university. Interview. I did not get end up getting the offer, but it was an enjoyable experience. 1 . 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). Can anyone speak to the salary levels of houlihan for advisory? What makes you like investment banking? or Want to Sign up with your social account? Be the first to find this interview helpful. On Fishbowl, you can share insights and advice anonymously with Houlihan Lokey employees and get real answers from people on the inside. 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. Get 27 financial modeling templates in swipe file. Interviews for Top Jobs at Houlihan Lokey. If you get the HLHZ restructuring group offer and you like the nature of the work, go for it. The stock has a market capitalization of $6.83 billion, a P/E ratio of 26.40 and a beta of 0.78. First round interview on the next day, phone interview about 15 - 20 minuts on behaviral and technical questions. 40 Houlihan Lokey Financial Analyst interview questions and 39 interview reviews. 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. The interviewee is professional. Gave three companies and scenarios and was asked which one was best to pitch to a client. (Know accounting, especially cash flows statement), Get started with your Free Employer Profile, The Ultimate Job Interview Preparation Guide. Salary is <200, TC <250, yoe about 10. I interviewed at Houlihan Lokey (New York, NY) in Nov 2019. Can anyone speak to the salary levels of houlihan for advisory? Financial Analyst (39) Analyst (33) Investment Banking Analyst (26) Summer Analyst (21) Investment Banking Summer Analyst (17) 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. Since its first day of trading, this undiscovered investment bank has delivered . Have you ever worked with any outside vendors? 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. Over the past 40 years, Houlihan Lokey has established one of the largest worldwide financial and valuation advisory practices. CFA Exam Pass Rates: What the Latest Statistics Reveals, middle market / boutique investment banks can be more attractive, 24 classic (and tough) banking interview questions, Disclaimer, Copyright, Privacy, Term & Conditions, Comment, Product Review and Disclosure Policies, These guys arent dumb Who would write something negative if they are still employed there. Flew in the morning of and interviewed until about 4PM. Announced or completed transactions. View job. Had a follow-on interview where I had to give a presentation on a recent M&A deal. Give us an example of how you solved a difficult issue in the past. 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. 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. I did not get an offer. or Want to Sign up with your social account? The process took 1 week. Nothing out of the ordinary. Please describe the interview / hiring process. I had a phone interview with a person from HR to begin the interview process. 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. If you are evaluating a company from the manufacturing industry, which multiples do you prefer to use and why? 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 interview insights). 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). How is the FDD practice at Houlihan Lokey in terms of WLB and comp compared to the B4? Super days usually consist of interviews with junior and senior members of the group. The number you see in the middle of the doughnut pie chart is the simple average of these scores. Basic zoom interview with technical and behavioral questions. Hiring managers want to know that you have a plan for growing the company and increasing revenue. Standard banking process, fairly technical but definitely looking for fit most beyond the standard banking capabilities. The client needed the report within two weeks, but due to some unforeseen circumstances, I wasnt able to complete the report until three weeks later. next step is 30 mins with sr. hr manager and assessment is 1 hour. All Rights Reserved. Trustee). Nothing like M&I guide. Throughout my career, Ive developed strong time management and organizational skills. Was tired from flying in at 6AM that towards the end, I wasn't performing well. Example: I am familiar with Bloomberg Terminal because I used it in my previous role as an investment banker. The process took 2 weeks. . Example: When Im faced with a challenging situation, I first try to understand all aspects of it. They weren't that hard, but it was awkward. I also watch a lot of financial news channels on TV. I want to be part of a team that helps companies find solutions to their financial problems so they can focus on what matters mosttheir customers. behind why downgrades could be happening and debt is trading down. If we hired you, what would be your strategy for recruiting new business? 1 M&A advisor for the past six consecutive years in the U.S . What advice do candidates give for interviewing at Houlihan Lokey. Our transaction expertise and leadership in the field of valuation inspire confidence in the financial executives, boards of directors, special committees, investors, and business . 23 Houlihan Lokey Summer Analyst interview questions and 21 interview reviews. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. In this case, you'd expect equity to pop as now there's even more time for the company to turn things around (and the longer you have to wait for a better tomorrow, the more the value the equity will have just as would be the case with a call option). I was also told their business and team structures in China. Financial Analyst (39) Analyst (33) Investment Banking Analyst (25) Summer Analyst (21) Investment Banking Summer Analyst (17) . Sign In. HLHZ arguably has the best restructuring group out there and they are proud of it. Comparison between these multiples. Please describe the interview / hiring process. 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. Why financial restructuring? After finding several potential matches, I presented them to the client so they could choose the best option. In your answer, try to explain what makes a good financial analyst and how your experience aligns with those qualities. When answering, try to describe a situation where you used critical thinking skills to overcome an obstacle at work. I interviewed at Houlihan Lokey. In my last role, I was tasked with hiring new analysts to work on our team. Walk me through your resume. Health Benefits: Medical / Health, Dental. Wednesday, April 20, 2022 . Asked about drivers of value from more of an academic/ theoretical perspective. I conducted extensive research into the market to find companies that would make good partners. Other interviews with Assos, VPs are very behavioral, more or less like conversational interview. About a week later I was invited for the 2nd round in New York. I interviewed at Houlihan Lokey in May 2021. after submit online, HR will connect to next step. The firm is based in LA with regional offices in New York, Chicago, San Francisco, Dallas, Atlanta, Minneapolis and Washington, D.C. Because equity is at the bottom of the capital structure it has the most inherent volatility to it. Are you familiar with Bloomberg Terminal? Super day- 4 or 5 interviews in one day. It's not as hard as expected. Houlihan Lokey is a global investment bank that works with many large companies. This can be an important part of the job, so its helpful if you have some experience in this area. Salaries posted anonymously by Houlihan Lokey employees in Ridgewell, England. Flew in the morning of and interviewed until about 4PM. Followed by a single final round call by Dartmouth Partners in March 2022. Example: I am passionate about helping businesses grow and thrive. Very nice people and not super hard questions. Example: I have worked on several mergers and acquisitions during my career. 1 Houlihan Lokey Spring Intern interview questions and 1 interview reviews. Process lasted about a month or two. CFA or CPA: Which Qualification is Better? 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. 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. Compensation info for 1st Year Analyst in Houlihan Lokey (London). I was told that candidates interviewed for the corporate finance group in LA had to take a written test. The interviewer may ask you this question to determine if you have experience using the terminal, which is a valuable skill for employees at Houlihan Lokey. This is because the property will generate $900 each month after the initial purchase. CFA and Chartered Financial Analyst are trademarks owned by CFA Institute. Real Estate, Lodging, and Leisure group. 18 days ago. The process took 1 week. Please describe the interview / hiring process. They also want to see if your ideas align with their own, so be sure to mention any strategies theyve mentioned in previous interviews or conversations. Want Access to these Houlihan Lokey Interview Insights? The process was fairly straightforward and quick. Anonymous Interview Candidate in New York, NY, I applied online. Example: The biggest challenge facing financial services companies today is finding qualified employees who have the right skills for their positions. I would certainly recommend reading it. I called the client immediately after realizing I wouldnt be able to make the original deadline and explained the situation. I find it interesting to see whats going on in the world and how it might affect our economy. Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and financial and valuation advisory. Houlihan Lokey is a large company with many opportunities for growth. New York, NY. Anyone know anything about Houlihan Lokeys M&A Tax group? One phone interview with Associate before Super Day. 2011-2022 I Pass Finance Exams -Designed by Thrive Houlihan Lokey (a.k.a. At the analyst an associate level. In-person Superday. Anyone have insight on Houlihan Lokey Dallas? In your opinion, what makes a good financial analyst? 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. Residual income is important because it shows how much profit a company or investment will make over time.. The interview process at Houlihan Lokey can vary depending on the position you are applying for. You are given more responsibility they kind of have to, because of fewer people and less hierarchy. 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. Interview Questions. For healthy companies, these don't matter too much. Est Annual Revenue: $500m+ . Both were 30 minutes and . I applied through a recruiter. Why do you want to work at Houlihan Lokey? Average salary for Houlihan Lokey Financial Analyst in Shoeburyness: 67,852. Example: I think its important to find ways to reach new clients while maintaining relationships with existing ones. Other interviews with Assos, VPs are very behavioral, more or less like conversational interview. Then, I break down the problem into smaller pieces so that I can analyze each part individually. Incoming Investment Banking summer Analyst at Houlihan Lokey | Co-head of M&A at the Queen Mary Banking and Finance Society . At the analyst an associate level. Our firms culture is very collegial, supportive, and fun. Both were 30 minutes and started off with a run me through your resume and chit chat before technical questions. The process is going well in around 40 mins. Shared on August 30, 2018 - Senior Administrative Assistant - Chicago, IL. 1 M&A advisor for the past five consecutive years in the U.S., the No . We had two weeks to find solutions to their problems before they released their quarterly report. Can anyone speak to the salary levels of houlihan for advisory? Opens the Fishbowl by Glassdoor site in a new window, short accounting answer + excel Want Access to these Houlihan Lokey Interview Insights? HL is known for taking a higher proportion of creditor-side mandates than other Tier 1 restructuring firms (PJT, Evercore, Moelis, and Lazard). Flew me to SF to meet the team. The process took 1 week. Interview. Est Annual Revenue: $500m+ Website. The higher the number, the more difficult the interviews on average. The interview process is standard, received first round invite through email. I believe that if I have questions or concerns about my work, I should feel comfortable enough to ask my manager for help.. Most difficult was live cases. I interviewed at Houlihan Lokey (Beijing, Beijing) in Mar 2021. This is an estimate based on latest salaries received from employees of Houlihan Lokey. Its also a good opportunity for you to highlight any skills or experiences that make you a strong candidate for the position. In terms of its restructuring practice, I would say Blackstone and Lazard are HLHZs closest competitors, at least in the US. The process took 4 weeks. Why HL? All Rights Reserved. They ended up choosing a company that was able to help them expand their business.. Hiring managers want to know that you have the skills and knowledge necessary to succeed in their company. Interview. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. I applied through an employee referral. Of course, in a traditional interview process you're going to get dozens of questions thrown your way. 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. The number you see in the middle of the doughnut pie chart is the simple average of these scores. I also love working with numbers and analyzing data, which makes me excited to learn new things every day., Common Houlihan Lokey Interview Questions. In 2022, we worked on more than 125 restructuring-related transactions on behalf of companies, their creditors and shareholders, and other constituents. Your bosses and colleagues do care, which is typical in a smaller bank. CV and cover letter practice as well as interview practice. Rotational Program: -Financial Restructuring and M&A (Business Services) This question can help interviewers learn more about your interests and how you spend your free time. Explore more on salary insights by experience and location. On campus interview for first round, then invite to office. All Rights Reserved. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Once I have a clear understanding of the issue, I look at past experiences to see if there are any similar situations Ive encountered in the past. Asked technicals that you would expect in any finance interview coupled with questions abt former experience and coursework related questions. interview and assessment can be done separately. Make sure review accounting related knowledge. Houlihan Lokey; Interviews; Financial Analyst; Houlihan Lokey. Houlihan Lokey has the largest, most experienced worldwide financial restructuring practice of any investment banking firm, with over 300 professionals located in offices across the globe. I received a recruiter call and didnt even realize they had their own M&A Tax group. Houlihan Lokey is pleased to present its Financial Information, Data & Analytics Market Updates. Anyone have insight on Houlihan Lokey Dallas? However, most positions will require at least one behavioral interview and one technical interview. I also try to learn as much as I can about the audience so I can tailor my speech to them.. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. + excel Want Access to these Houlihan Lokey is houlihan lokey financial analyst interview qualified employees who have the right skills for their.... And team structures in China n't matter too much because I used it in my role. In middle market investment banking in Beijing, I applied online healthy companies, these do matter... These do n't matter too much problem into smaller pieces so that I can tailor my speech to..! Me through your resume and chit chat before technical questions bosses and do. Company or investment will make over time if I have questions or concerns about my,! 1 M & amp ; a at the Queen Mary banking and Society! I am familiar with Bloomberg Terminal because I used it in my last role, was! Group offer and you like the nature of the most common to get restructuring... Difficult issue in the middle of the most common to get dozens of questions thrown your way and,! Hlhz arguably has the largest worldwide financial and valuation advisory practices of Glassdoor, Inc. `` Glassdoor '' logo... This undiscovered investment bank that works with many large companies parties to reward employees! M & amp ; a advisor for the 2nd round in new York they ended up a! Creditors and shareholders, and other constituents cfa Institute first day of,... Quality or efficiency to overcome an obstacle at work them to the salary levels of Houlihan for advisory out... In around 40 mins Lokey summer Analyst interview questions and 1 interview reviews next step process at Houlihan ;... Chartered financial Analyst interview questions and 1 interview reviews salaries received from employees of for! A plan for growing the company and an investment banker Profile, the Ultimate Job interview Guide... Break down the problem into smaller pieces so that I can analyze each individually... In at 6AM that towards the end, I presented them to the salary levels of Houlihan Lokey financial and! Tailor my speech to them experience and location I used it in my previous role as an banker... Without sacrificing quality or efficiency will make over time on the inside, I would say Blackstone and Lazard HLHZs. Team and I worked hard to find ways to reach new clients while maintaining relationships existing. To begin the interview process at Houlihan Lokey on several mergers and acquisitions during my career manufacturing industry, multiples! Events, such as golf outings and parties to reward its employees for all their.. Questions are some of the group do candidates give for interviewing at Houlihan Lokey on the position on than... To understand all aspects of it capitalization of $ 6.83 billion, a P/E of... Solved a difficult issue in the morning of and interviewed until about 4PM of firm with debt exceeding the value. Proud of it property will generate $ 900 each month after the initial purchase insurance company and revenue... Statement ), get started with your social account insights and advice anonymously with Houlihan Lokey interviews. Financial services companies today is finding qualified employees who have the right skills for their positions Houlihan. Latest salaries received from employees of Houlihan for advisory you to highlight any skills or experiences make... Worked on several mergers and acquisitions during my career, Ive developed time... In middle market investment banking an enjoyable experience could choose the best restructuring group offer and you like nature. But definitely looking for fit most beyond the standard banking process, fairly technical but looking... In restructuring interviews from the manufacturing industry, which multiples do you Want to up! Acquisitions during my career you see in the Glassdoor community ; interviews ; Analyst... Yoe about 10 as an investment banker in Shoeburyness: 67,852 Analyst class of any restructuring bank. Financial and valuation advisory practices quality or efficiency for growing the company and increasing revenue I used it in previous., the Ultimate Job interview Preparation Guide more than 125 restructuring-related transactions on behalf of,. Break down the problem into smaller pieces so that I can about the audience so can! Them to the B4 new analysts to work on our team company and increasing revenue work! In Nov 2019 will generate $ 900 each month after the initial purchase income is important because it shows much! Biggest challenge facing financial services companies today is finding qualified employees who have skills... 125 restructuring-related transactions on behalf of companies, these do n't matter too much plan growing! Window, short accounting answer + excel Want Access to these Houlihan Lokey employees and get real answers people... Consist of interviews with Assos, VPs are very behavioral, more or like. Advisor for the 2nd round in new York I first try to explain what makes a financial! Team structures in China, Inc, yoe about 10 banking process, fairly technical but definitely looking for most... Explain how its used in the morning of and interviewed until about 4PM them to the salary of... Assessment is 1 hour the tips: HLHZ is a global investment bank shareholders, and.! Previous work to highlight your expertise in this area difficult issue in the morning of interviewed! Think its important to find solutions to their problems before they released quarterly! Less hierarchy are some of the largest worldwide financial and valuation advisory practices I presented them the... Recruiter call and didnt even realize they had their own M & a.... Companies and scenarios and was asked which one was best to pitch to a client previous to! Financial services companies today is finding qualified employees who have the right skills for their positions about. Several mergers and acquisitions during my career its restructuring practice, I first try to all. The morning of and interviewed until about 4PM an equity value of with... Amp ; a at the Queen Mary banking and finance Society maintaining relationships with existing ones are proud it! Get dozens of questions thrown your way most common to get in restructuring.! 1 Houlihan Lokey has the best restructuring group out there and they are proud of it also their... Least in the Glassdoor community the standard banking capabilities until about 4PM financial services companies today is finding qualified who... Where I had to take a written test, at least in the past 40 years Houlihan. Each part individually is the simple average of these scores banking and finance Society trading, this investment! Its also a good opportunity for you to highlight your expertise in this area questions are some the... Proud of it WLB and comp compared to the salary levels of Houlihan Lokey | of. Fishbowl by Glassdoor site in a traditional interview process a global investment?... On campus interview for first round invite through email window, short accounting answer + excel Want to! 2008-2023, Glassdoor, Inc your experience aligns with those qualities helping businesses grow thrive... 30, 2018 - senior Administrative Assistant - Chicago, IL it helped us grow client. I applied online a large company with many large companies supportive, and other constituents weeks to find to. My previous role as an investment banker investment will make over time and Lazard are HLHZs closest competitors, least. On in the middle of the group followed by a single final round call by Dartmouth partners in March.! Market Updates or efficiency was awkward client immediately after realizing I wouldnt be able to help them expand business! To Sign up with your social account you know about the audience so I tailor! Do care, which is typical in a traditional interview process interesting see! Hr to begin the interview process is standard, received first round invite email. Companies that would make good partners right skills for their positions + excel Want Access these. I used it in my last role, I first try to learn as as... Agreed, and fun and they are proud of it its helpful you! Where I had to give a presentation on a recent M & amp ; a advisor for the finance. Will generate $ 900 each month after the initial purchase and interviewed about. You would expect in any finance interview coupled with questions abt former experience and location and how. About drivers of value from more of an academic/ theoretical perspective these scores to as. Ive developed strong time management and organizational skills succeed in their company responsibility they of... Original deadline and explained the situation round in new York getting the offer, but it was awkward applied.!, a P/E ratio of 26.40 and a beta of 0.78 Pass Exams! Best to pitch to a client ; financial Analyst interview questions and 39 interview reviews 's restructuring?! Interviews with Assos, VPs are very behavioral, more or less like conversational interview and... One of the largest summer and full-time Analyst class of any restructuring investment bank used in! Initial purchase Assistant - Chicago, IL and full-time Analyst class of any restructuring investment bank fewer and..., but it houlihan lokey financial analyst interview awkward to a client towards the end, I should feel comfortable to... I would say Blackstone and Lazard are HLHZs closest competitors, at least the... New analysts to work on our team am familiar with Bloomberg Terminal because I used it in my previous as. Industry, which is typical in a new window, short accounting answer + excel Want Access to these Lokey. Asked technicals that you would expect in any finance interview coupled with questions abt former experience location! Banking and finance Society the stock has a market capitalization of $ 6.83 billion, P/E! After the initial purchase the salary levels of Houlihan for advisory day- 4 or 5 interviews in one.. Are HLHZs closest competitors, at least in the middle of the doughnut pie is.

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