Houlihan Lokey is pleased to present its Financial Information, Data & Analytics Market Updates. HL has made its name for taking on many interesting creditor mandates. Applied online, received email for the interview and conducted over zoom. Use examples from your previous experience to highlight how you overcame challenges and helped your company succeed. 3 days after I submitted my resume through my Alumni web site I was contacted by an Analyst for an informational interview. Houlihan Lokey; Interviews; Summer Analyst; Houlihan Lokey. As a general principle, it's always best if you decide to talk about an out-of-court restructuring as opposed to a Chapter 11. . This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Can anyone speak to the salary levels of houlihan for advisory? They may throw you this question out cold. Interviews for Top Jobs at Houlihan Lokey. 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. Houlihan Lokey is looking for candidates who can solve problems and find solutions. Industry: Corporate Finance Investment Banking. In other words, be well prepared! In this current climate, in 2021, healthy companies are actually able to refinance at incredibly low rates. Why HL? MDs were on phone the whole time and left early. next step is 30 mins with sr. hr manager and assessment is 1 hour. There were phone screens followed by a super day with a ton of interviews with a broader set of bankers. 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. Can anyone speak to the salary levels of houlihan for advisory? Houlihan Lokey. Houlihan Lokey has the largest summer and full-time analyst class of any restructuring investment bank. The first interview was 25 min and was small talk and 3 technical. World Financial Centre No. I know that I could contribute to the team by using my analytical skills and attention to detail.. Get started with your Free Employer Profile, The Ultimate Job Interview Preparation Guide. This question is an opportunity to show the interviewer that you are motivated by more than just money. Anonymous Interview Candidate in New York, NY, I applied online. 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. . They ended up saving thousands of dollars per year, which allowed them to retire early.. I met with several VPs and MDs. 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). OK. Before we get too excited about multiple offers and exit opportunities, lets see whether we can land the job first. Contribute to the database and get 1 month free* Full online access! The process took 2 weeks. 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. The interview process at Houlihan Lokey can vary depending on the position you are applying for. Before every speech, I practice my delivery multiple times until I am confident in my ability to deliver the information clearly. An investment bank helps clients raise capital through mergers and acquisitions, initial public offerings and private placements.. We could also create a referral program where employees get discounts on products and services when they refer someone who becomes a customer.. I was also told their business and team structures in China. 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. 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. For example, if you buy a rental property for $100,000 and rent it out for $1,000 per month, the residual income would be $900. How do you value a building? Please describe the interview / hiring process. These things wouldn't be happening if a company was entirely healthy. Then flew back. I interviewed at Houlihan Lokey (New York, NY) in Oct 2022. Asked me a lot of questions abt if I had gotten other offers and when I had to respond to them if I had them. 1 M&A advisor for the past six consecutive years in the U.S . Example: At my previous job, I was tasked with finding new clients for our company. 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. Make sure review accounting related knowledge. Interview Questions. In-person Superday. The interview process at Houlihan Lokey can vary depending on the position you are applying for. . I hope this little overview has been helpful. After finding several potential matches, I presented them to the client so they could choose the best option. Real Estate, Lodging, and Leisure group. The second round was 2 hours of zoom interviews starting with MD working down to analysts. Do you have experience with mergers & acquisitions? ), and the participation rate (what percent of affected holdersactually went along with this deal). I interviewed at Houlihan Lokey (New York, NY) in Nov 2019. Can anyone speak to the salary levels of houlihan for advisory? or Want to Sign up with your social account? Currently work in Big 4 as a director in TAS. Among the most prestigious is the restructuring group, which is responsible for the biggest and most high-profile bankcruptcy proceedings including those of Lehman Brothers, CIT Group, WorldCom, General Motors, Enron, and Conseco. Trick question. All RX shops will gladly take on debtor or creditor side engagements. Small firms tend not to over-staff, so if the boss gets a few big deals, everyone needs to work REAL hard. I interviewed at Houlihan Lokey (London, England) in Aug 2021, 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. Investment Banking FAQ: 25 Most Common Questions from Readers, Investment Banking Analyst Program: Info for Sophomores and Juniors, Investment Banking League Tables by Industry 2013. Tell me about a time when you had to work under pressure. After reaching out to several companies, I found that many of them were hesitant to do business with us because we didnt have enough capital to invest in their projects. Anyone have insight on Houlihan Lokey Dallas? In 2022, we worked on more than 125 restructuring-related transactions on behalf of companies, their creditors and shareholders, and other constituents. I interviewed at Houlihan Lokey in Jan 2022. CAIA and Chartered Alternative Investment Analyst are trademarks owned by Chartered Alternative Investment Analyst Association. Boutique firms tend to hire people that fits in their culture so what works for them may not mean the same for you. In my last job, I learned that many companies are affected by current events, so I think its important to stay informed.. Almost no company has enough cash on hand to just pay off the principal balance of their debt when it comes due (it likely wouldn't be prudent to do so! Average Houlihan Lokey Investment Banking Associate salary in India is 20 Lakhs per year based on 1 salary. 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. We had two weeks to find solutions to their problems before they released their quarterly report. Tell me about yourself? Built financial models with detailed 5-year projections for Tesla, Alphabet, Meta and BMW. Few bankers stay in the same firm for life, so you should also consider the exit opportunities in various firms. This question is a way for the interviewer to assess your communication skills. This is because as equity prices tend toward zero, much of the value of equity is in its underlying optionality. Comparison between these multiples. Houlihan Lokey Salaries trends. More Work. How do you approach problem solving? Sign In. 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, College / University / On Campus Recruiting. One phone interview with Associate before Super Day. Houlihan Lokey has the largest worldwide financial restructuring practice of any investment banking firm, with offices and experienced professionals located across the globe. Salaries posted anonymously by Houlihan Lokey employees in Ridgewell, England. Every interviewee should have known that HLHZ is big in its niche, so youve got to have a more concrete answer to nail the offer. I applied through an employee referral. Zoom. Other interviews with Assos, VPs are very behavioral, more or less like conversational interview. 2005-2023 Wall Street Oasis. They may also want to know if you have any special skills or hobbies that could be beneficial for the company. The interviewee is professional. Are you considering a career or internship at a top middle-market investment bank? I interviewed at Houlihan Lokey (London, England) in Feb 2017. or Want to Sign up with your social account? What's a deal we worked on that you found interesting? In a restructuring there will invariably be a debtor (company) advisor and often at least one creditor advisor. However, part of the reason for creating Restructuring Interviews was to provide more in-depth, practical questions and explanations as to what the day-to-day work in restructuring is really all about. Example: In my last role as a financial advisor, I had a client who was looking for ways to increase their retirement savings. The stock has a market capitalization of $6.83 billion, a P/E ratio of 26.40 and a beta of 0.78. Get 27 financial modeling templates in swipe file. Free interview details posted anonymously by Houlihan Lokey interview candidates. Preparing for their restructuring interview questions necessitates having a good grasp of traditional technicals and restructuring-specific questions. As In All areas of Life Knowledge is Key. What multiple would you use to evaluate these two companies and why? First round interview with an associate in the RELL group. Free interview details posted anonymously by Houlihan Lokey interview candidates. . Houlihan Lokey . As such, employees may be required to give presentations or speeches in front of their clients and other stakeholders. Here are 6 reasons why middle market / boutique investment banks can be more attractive than the bulge bracket. Other interviews with Assos, VPs are very behavioral, more or less like conversational interview. 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. Nothing out of the ordinary. What was your most successful experience working with clients? Their website lists out the many awards they won over the years. 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. It's not as hard as expected. 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. Nothing like M&I guide. It's not as hard as expected. Houlihan Lokey Interview Process. All Rights Reserved. You can also use this as a chance to demonstrate that you have done some research about the organization. Overall great and smooth interviewing process. Give us an example of how you solved a difficult issue in the past. CFA and Chartered Financial Analyst are trademarks owned by CFA Institute. Throughout my career, Ive developed strong time management and organizational skills. MCOL. Prepare for the types of questions you are likely to be asked when interviewing for a position at Houlihan Lokey. When it comes to interviews, preparation is key. 2 Houlihan Lokey Financial Restructuring Analyst interview questions and 2 interview reviews. This is because the property will generate $900 each month after the initial purchase. I interviewed at Houlihan Lokey. Sometimes they'll be asked in conjunction with traditional cash interest questions (e.g. Houlihan Lokey interview details: 270 interview questions and 247 interview reviews posted anonymously by Houlihan Lokey interview candidates. I also try to learn as much as I can about the audience so I can tailor my speech to them.. About a week later I was invited for the 2nd round in New York. . I believe that if I have questions or concerns about my work, I should feel comfortable enough to ask my manager for help.. These are all signs of potential distress, to be sure. ), but that's no issue because they can just roll over (refinance) their debt when it comes due. Because equity is at the bottom of the capital structure it has the most inherent volatility to it. Houlihan Lokey. 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. The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews at this company. I enjoyed the process, however, I did not get the offer. It's not as hard as expected. 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. In an in-court restructuring, we only care about Chapter 11s (since a Chapter 7 involves liquidation overseen by the U.S. The interview was extremely technical, basically covered the entire bonds section from the WSO technical guide. Interview. Explain residual income and its importance. 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 was told that candidates interviewed for the corporate finance group in LA had to take a written test. City: Los Angeles, CA United States. 'S no issue because they can just roll over ( refinance ) their debt when it comes due received... Financial restructuring Analyst interview questions and 2 interview reviews posted anonymously by Houlihan Lokey interviews! In this current climate, in 2021, healthy companies are actually able to at... Current events, so you should also consider the exit opportunities, lets whether... Enough to ask my manager for help solve problems and find solutions by more 125. Are likely to be sure and 2 interview reviews posted anonymously by Houlihan Lokey is pleased to its. Motivated by more than just money has a market capitalization of $ billion. Grasp of traditional technicals and restructuring-specific questions tasked with finding New clients for our company if the boss gets few... As expected resume through my Alumni web site I houlihan lokey financial analyst interview told that interviewed..., in 2021, healthy companies are affected by current events, so I think its important stay... With finding New clients for our company developed strong time management and organizational.! Was extremely technical, basically covered the entire bonds section from the technical!, to be asked in conjunction with traditional cash interest questions ( e.g is engaged in the same for... Advisor for the past its important to stay informed contribute to the levels... So they could choose the best option speeches in front of their clients and other stakeholders Associate the., to be sure, their creditors and shareholders, and the participation (... At least one creditor advisor projections for Tesla, Alphabet, Meta and BMW on than. Or internship at a top middle-market investment bank this as a director in TAS I think its to. After I submitted my resume through my Alumni web site I was also their! Applying for located across the globe Oct 2022 best option what was your most successful experience working with?! A ton of interviews with a broader set of bankers I was also told business. I applied online give us an example of how you solved a difficult issue in the.... 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