What was the standard deviation of net working capital over the past five years for LMT according to your model? (I had prepared a DCF of LMT in anticipation of their upcoming earnings which was the main topic of our conversation)
Equity Research Analyst Interview Questions
Equity Research Analyst Interview Questions
Equity research analysts offer information and analysis to clients to help them make decisions about investments. In an equity research analyst interview, employers might ask specialized questions about stocks to ensure you can predict trends and analyze data to offer reliable recommendations.
Top Equity Research Analyst Interview Questions & How To Answer
Question 1
Question #1: What is the difference between enterprise value and equity value?
How to answer
How to answer: This question tests your understanding of a basic investment concept. Explain that enterprise value captures a stock's current value to shareholders, while equity value is the market value and net debt. An ideal answer might also explain how these two values are found and how they could help you and your clients make decisions.
Question 2
Question #2: Describe an equity research report.
How to answer
How to answer: Equity research reports are a commonly used tool. Aim to show the interviewer that you are skilled in creating these reports. Explain that this is a report delivered to a client where you recommend that they buy, hold, or sell a stock and justify each recommendation. Detail all of the information included in the report, including the industry overview, company financials and ratio, valuations and projections, management overview, and finally, the recommendation.
Question 3
Question #3: Pitch me a stock.
How to answer
How to answer: With your answer, showcase your sales skills. Speak to the interviewer the way you would speak to a client. Choose a company, and reference the information you would include on an equity research report. Prove that you stay updated on the latest news in stocks.
2,700 equity research analyst interview questions shared by candidates
To pitch a stock idea
Explain a few major differences between buy-side and sell-side equity research?
If you could choose one company to invest in now, who would it be and why?
Why are you studying your current degree and why at this university?
what are some stocks you are trading in your personal account
Do you want to work in equity research?
Why Baml? Why equity research?
Q: How would you estimate the average revenue of coffee products in an average coffee shop in the United Kingdom.
Why does Alliance Bernstein appeal To you?
Viewing 41 - 50 interview questions