I applied online. The process took 4 weeks. I interviewed at Alvarez & Marsal (Chicago, IL)
Interview
First Round was a 45-minute interview. Lots of Restructuring focused questions, very little IB Technicals. With an Analyst then an Associate. Little to no behaviorals, moreso want to know why Restructuring and why this firm, some of the competitors.
Interview questions [1]
Question 1
Difference between Chapter 11 vs Chapter 7 bankruptcy
I applied through college or university. I interviewed at Alvarez & Marsal (Houston, TX) in Jan 2026
Interview
Three thirty-minute in-person interviews, with two behavioral and one technical question. Mainly looking for students interested in high finance. Follows the investment banking recruiting cycle. The interview was interesting overall and helped me learn more about the position; however, the technical questions were somewhat difficult.
Interview questions [1]
Question 1
How does depreciation affect the financial statements?
I applied through college or university. I interviewed at Alvarez & Marsal (Houston, TX)
Interview
The interview process for the Houston office consisted of 2 rounds with the first being held on campus and the second being the Super Day in their Houston office. The super day was four 30 minute interviews with members of the restructuring team.
Restructuring intern applicants have rated the interview process at Alvarez & Marsal with 3 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 60% positive. To compare, the company-average is 66.4% positive. This is according to Glassdoor user ratings.
Candidates applying for Restructuring intern roles take an average of 28 days to get hired, when considering 5 user submitted interviews for this role. To compare, the hiring process at Alvarez & Marsal overall takes an average of 38 days.
Common stages of the interview process at Alvarez & Marsal as a Restructuring intern according to 5 Glassdoor interviews include:
One on one interview: 50%
Skills test: 50%
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