Competency and Technical Panels
Format. 2-on-1 panel structure (two interviewers, one candidate)
Duration. Two back-to-back 30-minute sessions or a single 45-minute block
Panel. VPs, Senior Associates, line managers from the target division
Assessed on. Core analytical skills, technical consistency, behavioural alignment, ability to articulate past achievements clearly
Typical scenarios. Detailed questions testing corporate finance theory (terminal value calculations, working capital changes, asset beta metrics) or market risk factors. Interviewers drill into any project, transaction, or skill listed on your CV to verify involvement and understanding.
Common failure modes. Over-rehearsed generic responses or breaking down when an interviewer challenges initial technical assumptions.
Tactical advice. Strict STAR for behavioural, 70% of response on personal actions. For technical you cannot fully solve, do not guess; walk the panel through underlying logic and explain how you would solve systematically.
Case Study and Business Problem Presentation
Format. Independent analysis phase followed by formal presentation and interactive defence
Duration. 75 minutes preparation, 10 minutes presentation, 30-35 minutes cross-examination
Panel. Two senior VPs or MDs from the division
Assessed on. Financial analysis, logical reasoning, strategic thinking, defending a recommendation under intense questioning
Typical scenarios. Common scenario: a 20-page data packet on a company with declining margins, upcoming debt maturities, and a choice between a carve-out or international acquisition.
Common failure modes. Spending too long on background reading and failing to finalise a clear recommendation, or making vague non-numerical strategic assertions.
Tactical advice. Start with data tables and financial summaries to identify constraints. State your primary recommendation clearly in the first 30 seconds. Support with concrete financial metrics, margin targets, clear risk assessments.
Financial Modelling / Technical Assessment
Format. Individual workstation-based analytical or coding assessment
Duration. 60 minutes
Panel. Proctored by HR or divisional specialists
Assessed on. Data analysis speed, execution accuracy, statement formatting or software architecture design skills
Typical scenarios. IB: build a complete 3-statement model that links correctly and projects 5-year financial performance based on specific operating growth assumptions. Markets: portfolio optimisation maximising returns under tracking error and VaR constraints.
Common failure modes. Hardcoding values instead of dynamic formulas, breaking the model when inputs change; failing to balance the balance sheet due to formula errors.
Tactical advice. Clean standard financial modelling structures. Dynamic formulas, balance sheet link verification, Excel shortcuts over mouse for speed.
Collaborative Group Strategy Simulation
Format. Unstructured group discussion and collective strategy session
Duration. 60 minutes (45 minutes discussion, 15 minutes team pitch)
Panel. 4 to 5 candidates, observed silently by 3 to 4 divisional assessors
Assessed on. Collaboration, team communication, situational adaptability, ability to guide a project forward without dominating peers
Typical scenarios. Group represents a sovereign wealth fund portfolio committee. Each participant receives a unique briefing on a specific asset class or regional portfolio with competing capital demands. Team must agree on a unified allocation strategy.
Common failure modes. Dominating by interrupting and dismissing peers; or going completely silent and failing to contribute.
Tactical advice. Guide the team toward a solution. Actively listen, synthesise different viewpoints, reference specific metrics from your briefing sheet, act as a constructive bridge to consensus.
Managing Director / Partner Round
Format. 1-on-1 high-level conversation
Duration. 30 to 45 minutes
Panel. Partner or senior Managing Director from the target division
Assessed on. Leadership potential, long-term commercial vision, strategic risk instincts, alignment with core values
Typical scenarios. Open-ended market issues and macroeconomic challenges: capital allocation hedges over a 3-year timeline, reputational risks of cross-border infrastructure mandates.
Common failure modes. Basic memorised answers from textbook materials or lacking a considered view on macroeconomic trends.
Tactical advice. Treat as a high-level professional discussion between colleagues. State your perspective clearly, support with macro data, ask insightful forward-looking questions about industry direction.