700+ New Real Interview Questions Added

In our biggest question bank update yet, we've added 709 real investment banking interview questions (661 technicals and 48 behaviorals) reported from the past few years of recruiting cycles across top-tier bulge bracket, elite boutique and middle market firms.
Total Questions in IB Vine
2,528
Total Technical Questions
2,146
Total Behavioral Questions
"Reported in Interviews" Technicals
"Reported in Interviews" Behaviorals

What's new?

Today, we've added 709 new questions (661 technicals and 48 behaviorals) across 44 firms from the past few recruiting cycles to our "Reported in Interviews" collection.
Highlights:
  • 219 new questions from the most recent undergraduate Summer Analyst 2027 cycle and 232 new questions from the most recent MBA Summer Associate 2026 cycle
  • 15 new firms joining our question bank, including DC Advisory, Harris Williams, Gordon Dyal & Co., Stellex Capital, Cain Brothers, and more
  • 7 hedge fund questions from Citadel's Associate Program, asked in SA 2027 Public Equities (L/S) interviews
We work to deduplicate submitted questions against our existing question bank so that each new release is valuable and additive. We keep some variants where the phrasing or context differs meaningfully, but strive to make each release non-redundant.
We've tagged certain questions with specific metadata around office, interview round and interview group, where available.Examples of metadata in this release:
Bank of America, SA 2027, New York Office, Superday
Barclays, SA 2026, New York Office, Superday
Citi, SA 2026, New York Office, First round
DC Advisory, Generalist group, New York Office, Superday
Evercore, M&A group, New York Office, Superday
Evercore, SA 2027, M&A group, New York Office, First round
Evercore, SA 2027, M&A group, New York Office, Superday
Guggenheim Partners, SA 2027, Business Services group, Atlanta Office, Phone screen
Houlihan Lokey, SA 2027, Business Services group, LA Office, First round
Houlihan Lokey, SA 2027, Industrials group, First round
Houlihan Lokey, SA 2027, Technology group, New York Office
Houlihan Lokey, Financial Restructuring group, LA Office, First round
J.P. Morgan, SA 2025, Healthcare group, SF Office, Superday
Jefferies, SA 2027, Aerospace & Defense group, Charlotte Office, First round
Jefferies, SA 2025, TMT group, SF Office, Superday
Lazard, SA 2025, Houston Office, First round
Morgan Stanley, SA 2027, TMT group, Menlo Park Office, First round
PJT Partners, SA 2025, Houston Office, First round
RBC, SA 2025, SF Office, First round
Rothschild, SA 2027, Global Advisory group, New York Office, First round
Solomon Partners, SA 2027, Generalist group, New York Office, Second round
Bank of America, SA 2026, New York Office, Superday
Barclays, SA 2026, FIG group, New York Office, Superday
Deutsche Bank, Technology group, SF Office, First round
Evercore, M&A group, New York Office, Second round
Lazard, SA 2025, SF Office, First round
Moelis & Co., SA 2026, Chicago Office, First round
Morgan Stanley, SA 2026, Generalist group, New York Office, First round
Piper Sandler, SA 2025, Houston Office, First round
Evercore, M&A group, New York Office, First round
Morgan Stanley, SA 2025, Healthcare group, SF Office, Superday
William Blair, SA 2027, Financial Sponsors group, New York Office
Bank of America, Emerging Growth & Regional Coverage group, SF Office, Superday
Lazard, SA 2025, Healthcare group, SF Office, Superday
Barclays, SA 2026, FIG group, New York Office, First round
J.P. Morgan, SA 2027, SF Office, Superday
J.P. Morgan, SA 2026, New York Office, Superday
LionTree, SA 2027, New York Office, First round
Morgan Stanley, SA 2027, New York Office, Superday
Morgan Stanley, SA 2025, Menlo Park Office, First round
Barclays, SA 2025, SF Office, First round
Citi, SA 2025, Latam group, First round
J.P. Morgan, SA 2027, FIG group, New York Office, Superday
Lazard, SA 2025, Houston Office, Superday
Rothschild, SA 2027, Global Advisory group, New York Office, Superday
BNP Paribas, SA 2026, New York Office, Superday
Goldman Sachs, SA 2027, New York Office, Superday
J.P. Morgan, SA 2027, Hirevue
Lincoln International, SA 2025, SF Office, Superday
Evercore, SA 2027, New York Office, Second round
RBC, SA 2025, SF Office, Superday
J.P. Morgan, SA 2027, New York Office, Superday
Piper Sandler, SA 2027, Minneapolis Office, Superday
Centerview Partners, Generalist group, New York Office, Superday
Bank of America, SA 2025, Technology group, SF Office, Superday
Evercore, Insurance group, SF Office, Second round
Goldman Sachs, SA 2027, Hirevue
Morgan Stanley, SA 2027, Hirevue
Houlihan Lokey, Financial Restructuring group, LA Office, Second round
Piper Sandler, SA 2025, Houston Office, Superday
J.P. Morgan, SA 2027, FIG group, New York Office, First round
J.P. Morgan, SA 2027, FIG group, New York Office
Lazard, SA 2027, FIG group, New York Office
Wells Fargo, SA 2027, FIG group, New York Office, First round
Citi, SA 2025, Healthcare group, SF Office, Superday
MTS Health Partners, SA 2027, New York Office, Second round
Brown Brothers Harriman, SA 2027, Cedar Street group, First round
Citadel, SA 2027, Public Equities (L/S), Citadel Associate Program, New York Office
Bank of America, SA 2027, New York Office, Superday
Barclays, SA 2026, New York Office, Superday
Citi, SA 2026, New York Office, First round
DC Advisory, Generalist group, New York Office, Superday
Evercore, M&A group, New York Office, Superday
Evercore, SA 2027, M&A group, New York Office, First round
Evercore, SA 2027, M&A group, New York Office, Superday
Guggenheim Partners, SA 2027, Business Services group, Atlanta Office, Phone screen
Houlihan Lokey, SA 2027, Business Services group, LA Office, First round
Houlihan Lokey, SA 2027, Industrials group, First round
Houlihan Lokey, SA 2027, Technology group, New York Office
Houlihan Lokey, Financial Restructuring group, LA Office, First round
J.P. Morgan, SA 2025, Healthcare group, SF Office, Superday
Jefferies, SA 2027, Aerospace & Defense group, Charlotte Office, First round
Jefferies, SA 2025, TMT group, SF Office, Superday
Lazard, SA 2025, Houston Office, First round
Morgan Stanley, SA 2027, TMT group, Menlo Park Office, First round
PJT Partners, SA 2025, Houston Office, First round
RBC, SA 2025, SF Office, First round
Rothschild, SA 2027, Global Advisory group, New York Office, First round
Solomon Partners, SA 2027, Generalist group, New York Office, Second round
Bank of America, SA 2026, New York Office, Superday
Barclays, SA 2026, FIG group, New York Office, Superday
Deutsche Bank, Technology group, SF Office, First round
Evercore, M&A group, New York Office, Second round
Lazard, SA 2025, SF Office, First round
Moelis & Co., SA 2026, Chicago Office, First round
Morgan Stanley, SA 2026, Generalist group, New York Office, First round
Piper Sandler, SA 2025, Houston Office, First round
Evercore, M&A group, New York Office, First round
Morgan Stanley, SA 2025, Healthcare group, SF Office, Superday
William Blair, SA 2027, Financial Sponsors group, New York Office
Bank of America, Emerging Growth & Regional Coverage group, SF Office, Superday
Lazard, SA 2025, Healthcare group, SF Office, Superday
Barclays, SA 2026, FIG group, New York Office, First round
J.P. Morgan, SA 2027, SF Office, Superday
J.P. Morgan, SA 2026, New York Office, Superday
LionTree, SA 2027, New York Office, First round
Morgan Stanley, SA 2027, New York Office, Superday
Morgan Stanley, SA 2025, Menlo Park Office, First round
Barclays, SA 2025, SF Office, First round
Citi, SA 2025, Latam group, First round
J.P. Morgan, SA 2027, FIG group, New York Office, Superday
Lazard, SA 2025, Houston Office, Superday
Rothschild, SA 2027, Global Advisory group, New York Office, Superday
BNP Paribas, SA 2026, New York Office, Superday
Goldman Sachs, SA 2027, New York Office, Superday
J.P. Morgan, SA 2027, Hirevue
Lincoln International, SA 2025, SF Office, Superday
Evercore, SA 2027, New York Office, Second round
RBC, SA 2025, SF Office, Superday
J.P. Morgan, SA 2027, New York Office, Superday
Piper Sandler, SA 2027, Minneapolis Office, Superday
Centerview Partners, Generalist group, New York Office, Superday
Bank of America, SA 2025, Technology group, SF Office, Superday
Evercore, Insurance group, SF Office, Second round
Goldman Sachs, SA 2027, Hirevue
Morgan Stanley, SA 2027, Hirevue
Houlihan Lokey, Financial Restructuring group, LA Office, Second round
Piper Sandler, SA 2025, Houston Office, Superday
J.P. Morgan, SA 2027, FIG group, New York Office, First round
J.P. Morgan, SA 2027, FIG group, New York Office
Lazard, SA 2027, FIG group, New York Office
Wells Fargo, SA 2027, FIG group, New York Office, First round
Citi, SA 2025, Healthcare group, SF Office, Superday
MTS Health Partners, SA 2027, New York Office, Second round
Brown Brothers Harriman, SA 2027, Cedar Street group, First round
Citadel, SA 2027, Public Equities (L/S), Citadel Associate Program, New York Office
Bank of America, SA 2027, New York Office, Superday
Barclays, SA 2026, New York Office, Superday
Citi, SA 2026, New York Office, First round
DC Advisory, Generalist group, New York Office, Superday
Evercore, M&A group, New York Office, Superday
Evercore, SA 2027, M&A group, New York Office, First round
Evercore, SA 2027, M&A group, New York Office, Superday
Guggenheim Partners, SA 2027, Business Services group, Atlanta Office, Phone screen
Houlihan Lokey, SA 2027, Business Services group, LA Office, First round
Houlihan Lokey, SA 2027, Industrials group, First round
Houlihan Lokey, SA 2027, Technology group, New York Office
Houlihan Lokey, Financial Restructuring group, LA Office, First round
J.P. Morgan, SA 2025, Healthcare group, SF Office, Superday
Jefferies, SA 2027, Aerospace & Defense group, Charlotte Office, First round
Jefferies, SA 2025, TMT group, SF Office, Superday
Lazard, SA 2025, Houston Office, First round
Morgan Stanley, SA 2027, TMT group, Menlo Park Office, First round
PJT Partners, SA 2025, Houston Office, First round
RBC, SA 2025, SF Office, First round
Rothschild, SA 2027, Global Advisory group, New York Office, First round
Solomon Partners, SA 2027, Generalist group, New York Office, Second round
Bank of America, SA 2026, New York Office, Superday
Barclays, SA 2026, FIG group, New York Office, Superday
Deutsche Bank, Technology group, SF Office, First round
Evercore, M&A group, New York Office, Second round
Lazard, SA 2025, SF Office, First round
Moelis & Co., SA 2026, Chicago Office, First round
Morgan Stanley, SA 2026, Generalist group, New York Office, First round
Piper Sandler, SA 2025, Houston Office, First round
Evercore, M&A group, New York Office, First round
Morgan Stanley, SA 2025, Healthcare group, SF Office, Superday
William Blair, SA 2027, Financial Sponsors group, New York Office
Bank of America, Emerging Growth & Regional Coverage group, SF Office, Superday
Lazard, SA 2025, Healthcare group, SF Office, Superday
Barclays, SA 2026, FIG group, New York Office, First round
J.P. Morgan, SA 2027, SF Office, Superday
J.P. Morgan, SA 2026, New York Office, Superday
LionTree, SA 2027, New York Office, First round
Morgan Stanley, SA 2027, New York Office, Superday
Morgan Stanley, SA 2025, Menlo Park Office, First round
Barclays, SA 2025, SF Office, First round
Citi, SA 2025, Latam group, First round
J.P. Morgan, SA 2027, FIG group, New York Office, Superday
Lazard, SA 2025, Houston Office, Superday
Rothschild, SA 2027, Global Advisory group, New York Office, Superday
BNP Paribas, SA 2026, New York Office, Superday
Goldman Sachs, SA 2027, New York Office, Superday
J.P. Morgan, SA 2027, Hirevue
Lincoln International, SA 2025, SF Office, Superday
Evercore, SA 2027, New York Office, Second round
RBC, SA 2025, SF Office, Superday
J.P. Morgan, SA 2027, New York Office, Superday
Piper Sandler, SA 2027, Minneapolis Office, Superday
Centerview Partners, Generalist group, New York Office, Superday
Bank of America, SA 2025, Technology group, SF Office, Superday
Evercore, Insurance group, SF Office, Second round
Goldman Sachs, SA 2027, Hirevue
Morgan Stanley, SA 2027, Hirevue
Houlihan Lokey, Financial Restructuring group, LA Office, Second round
Piper Sandler, SA 2025, Houston Office, Superday
J.P. Morgan, SA 2027, FIG group, New York Office, First round
J.P. Morgan, SA 2027, FIG group, New York Office
Lazard, SA 2027, FIG group, New York Office
Wells Fargo, SA 2027, FIG group, New York Office, First round
Citi, SA 2025, Healthcare group, SF Office, Superday
MTS Health Partners, SA 2027, New York Office, Second round
Brown Brothers Harriman, SA 2027, Cedar Street group, First round
Citadel, SA 2027, Public Equities (L/S), Citadel Associate Program, New York Office
Bank of America, SA 2027, New York Office, Superday
Barclays, SA 2026, New York Office, Superday
Citi, SA 2026, New York Office, First round
DC Advisory, Generalist group, New York Office, Superday
Evercore, M&A group, New York Office, Superday
Evercore, SA 2027, M&A group, New York Office, First round
Evercore, SA 2027, M&A group, New York Office, Superday
Guggenheim Partners, SA 2027, Business Services group, Atlanta Office, Phone screen
Houlihan Lokey, SA 2027, Business Services group, LA Office, First round
Houlihan Lokey, SA 2027, Industrials group, First round
Houlihan Lokey, SA 2027, Technology group, New York Office
Houlihan Lokey, Financial Restructuring group, LA Office, First round
J.P. Morgan, SA 2025, Healthcare group, SF Office, Superday
Jefferies, SA 2027, Aerospace & Defense group, Charlotte Office, First round
Jefferies, SA 2025, TMT group, SF Office, Superday
Lazard, SA 2025, Houston Office, First round
Morgan Stanley, SA 2027, TMT group, Menlo Park Office, First round
PJT Partners, SA 2025, Houston Office, First round
RBC, SA 2025, SF Office, First round
Rothschild, SA 2027, Global Advisory group, New York Office, First round
Solomon Partners, SA 2027, Generalist group, New York Office, Second round
Bank of America, SA 2026, New York Office, Superday
Barclays, SA 2026, FIG group, New York Office, Superday
Deutsche Bank, Technology group, SF Office, First round
Evercore, M&A group, New York Office, Second round
Lazard, SA 2025, SF Office, First round
Moelis & Co., SA 2026, Chicago Office, First round
Morgan Stanley, SA 2026, Generalist group, New York Office, First round
Piper Sandler, SA 2025, Houston Office, First round
Evercore, M&A group, New York Office, First round
Morgan Stanley, SA 2025, Healthcare group, SF Office, Superday
William Blair, SA 2027, Financial Sponsors group, New York Office
Bank of America, Emerging Growth & Regional Coverage group, SF Office, Superday
Lazard, SA 2025, Healthcare group, SF Office, Superday
Barclays, SA 2026, FIG group, New York Office, First round
J.P. Morgan, SA 2027, SF Office, Superday
J.P. Morgan, SA 2026, New York Office, Superday
LionTree, SA 2027, New York Office, First round
Morgan Stanley, SA 2027, New York Office, Superday
Morgan Stanley, SA 2025, Menlo Park Office, First round
Barclays, SA 2025, SF Office, First round
Citi, SA 2025, Latam group, First round
J.P. Morgan, SA 2027, FIG group, New York Office, Superday
Lazard, SA 2025, Houston Office, Superday
Rothschild, SA 2027, Global Advisory group, New York Office, Superday
BNP Paribas, SA 2026, New York Office, Superday
Goldman Sachs, SA 2027, New York Office, Superday
J.P. Morgan, SA 2027, Hirevue
Lincoln International, SA 2025, SF Office, Superday
Evercore, SA 2027, New York Office, Second round
RBC, SA 2025, SF Office, Superday
J.P. Morgan, SA 2027, New York Office, Superday
Piper Sandler, SA 2027, Minneapolis Office, Superday
Centerview Partners, Generalist group, New York Office, Superday
Bank of America, SA 2025, Technology group, SF Office, Superday
Evercore, Insurance group, SF Office, Second round
Goldman Sachs, SA 2027, Hirevue
Morgan Stanley, SA 2027, Hirevue
Houlihan Lokey, Financial Restructuring group, LA Office, Second round
Piper Sandler, SA 2025, Houston Office, Superday
J.P. Morgan, SA 2027, FIG group, New York Office, First round
J.P. Morgan, SA 2027, FIG group, New York Office
Lazard, SA 2027, FIG group, New York Office
Wells Fargo, SA 2027, FIG group, New York Office, First round
Citi, SA 2025, Healthcare group, SF Office, Superday
MTS Health Partners, SA 2027, New York Office, Second round
Brown Brothers Harriman, SA 2027, Cedar Street group, First round
Citadel, SA 2027, Public Equities (L/S), Citadel Associate Program, New York Office
Summary of New Additions
Firm# of New Questions
Evercore90
J.P. Morgan65
Bank of America55
Morgan Stanley51
Jefferies49
Barclays38
Goldman Sachs32
Citi29
Houlihan Lokey28
Lazard26
Moelis & Co.24
Gordon Dyal & Co.
New
23
Guggenheim Partners20
Centerview Partners18
Perella Weinberg13
Lincoln International
New
13
M. Klein & Co.12
PJT Partners12
Rothschild12
Piper Sandler9
Citadel
New
7
FT Partners6
RBC6
Mizuho
New
6
Marathon Capital
New
6
DC Advisory
New
5
Wells Fargo5
William Blair4
Cain Brothers
New
4
LionTree4
Brown Brothers Harriman
New
4
TPG
New
4
Solomon Partners3
Greenhill & Co.3
Harris Williams
New
3
Deutsche Bank2
Raymond James
New
2
MTS Health Partners
New
2
Stellex Capital
New
1
BNP Paribas
New
1
TD Securities
New
1
UBS1
Stout1
Unspecified9
Total (44 Firms)709
"Reported in Interviews" Collection Breakdown

Available on Pro & Diamond tiers

FirmQuestions
Evercore192
Moelis & Co.144
J.P. Morgan108
Bank of America100
Morgan Stanley86
Citi74
Lazard68
PJT Partners64
Goldman Sachs62
Guggenheim Partners56
Jefferies55
Greenhill & Co.53
Barclays48
Centerview Partners38
Houlihan Lokey38
LionTree35
Perella Weinberg34
Rothschild27
Credit Suisse25
M. Klein & Co.24
Gordon Dyal & Co.23
Wells Fargo18
Piper Sandler12
Lincoln International12
Ares Management11
RBC10
Qatalyst Partners10
FT Partners9
William Blair9
BMO8
Allen & Company7
Raine Group7
UBS7
Citadel7
Deutsche Bank6
Mizuho6
DC Advisory5
Solomon Partners4
Cain Brothers4
Marathon Capital4
Brown Brothers Harriman4
TPG4
Ardea Partners3
Miller Buckfire3
Harris Williams2
CIBC Capital Markets2
Nomura Greentech2
Raymond James2
TAP Advisors2
MTS Health Partners2
Stellex Capital1
Union Square Advisors1
BNP Paribas1
Leerink Partners1
TD Securities1
Brookfield Asset Management1
Unspecified181
Total (57 firms)1723

How we built this release

Since the Winter 2025–26 update, we received 1,800+ firm-specific question submissions from candidates across the past 3 recruiting cycles. We reviewed these submissions against our existing question bank and filtered out the most basic and fundamental questions that are broadly covered elsewhere in IB Vine — many firms ask the standard foundational technicals and behaviorals, and when a candidate reports one of those, we generally don't add it to our firm-specific bank since it doesn't add much new signal. That said, some overlap with existing questions is inevitable, and we'd rather err on the side of including a question than excluding something a candidate might find useful.
We've kept this question bank release particularly focused on unique questions from the most recent recruiting cycle (Summer Analyst 2027 and Summer Associate 2026) to ensure that the questions are as fresh and relevant as possible.
A note on what to expect going forward: future question bank updates/releases are expected to get smaller and less frequent. There are only so many unique variations and distinct questions that can be asked in IB interviews for generalist programs. That said, we will always strive to add select questions we receive from candidates each cycle so our question bank reflects the latest unique questions being asked, and we will typically keep historical questions rather than remove them — we believe older questions remain instructive and valuable for learning/practice. Additionally, group and vertical-specific questions represent larger surface area for expansion.

Try it out

The new questions can be accessed by users on the Pro or Diamond tiers on the Technicals tab on the Practice page. Filter to the Reported in Interviews collection and click Filter to newly added questions to see the new additions.
Here's a sample of the new questions:
Try out our sample of questions from our premium collections

An acquirer has a standalone EPS of $2.00, 100 shares outstanding, and a share price of $60. The target has Net Income of $50 million and a purchase equity value of $300 million. The deal is 100% stock-financed. Is this deal accretive or dilutive, and what is the pro forma EPS?

New
Technical
Reported in Morgan Stanley Interview
SA 2027, TMT group, Menlo Park Office, First round
Merger Model (M&A)
Advanced
Question 1 of 14

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Help the next generation of IB candidates by reporting firm-specific interview questions. Submit anonymously via this form or email support@ibvine.io.

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