Updated 2026

Industry Verticals & Coverage Groups Interview Guide

Deep-dive guides for every major investment banking coverage group

13
Guides
2
Levels Each
3
Content Types

Industry Verticals Guides

Deep dives into coverage groups and sector-specific knowledge for investment banking.

Free

Understanding Coverage Groups

Understand what coverage groups are, how banks organize them, and how they interact with product groups and clients.

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Free

Consumer/Retail (CRG)

Explore the consumer and retail sector including key metrics, valuation considerations, and industry dynamics.

View Guide
Free Trial

Energy, Power & Renewables

Understand the energy sector spanning traditional oil & gas, utilities, and renewable energy transitions.

View Guide
Free Trial

Financial Institutions (FIG)

Master the unique valuation and regulatory considerations for banks, insurance companies, and asset managers.

View Guide
Diamond

Financial Sponsors Group (FSG)

Learn about working with private equity, family offices, sovereign wealth funds, and strategic buyers.

View Guide
Diamond

Healthcare (HC)

Explore the healthcare sector including pharma, biotech, medical devices, and healthcare services.

View Guide
Diamond

Industrials

Understand the industrials sector covering manufacturing, aerospace & defense, and industrial services.

View Guide
Diamond

Media and Telecommunications (M&T)

Learn about media, entertainment, telecom, and the evolving digital landscape.

View Guide
Diamond

Natural Resources (NR)

Explore mining, metals, and materials sectors including commodity dynamics and valuation approaches.

View Guide
Diamond

Public Sector and Infrastructure (PSI)

Understand infrastructure investments, public-private partnerships, and government-related transactions.

View Guide
Diamond

Real Estate, Gaming, & Lodging (REGL)

Learn about REITs, hospitality, gaming, and leisure sector dynamics and valuation.

View Guide
Diamond

Technology - Hardware & Semiconductors

Master hardware and semiconductor sector analysis including chip design, manufacturing, equipment, and electronics.

View Guide
Diamond

Technology - Internet & Software

Master internet and software sector analysis including SaaS, consumer internet, e-commerce, fintech, and digital platforms.

View Guide

About Industry Verticals

Sector-specific interview guides for Healthcare, Technology, Energy, Financial Institutions, and more. Learn the key metrics, valuation nuances, and interview questions for each coverage group.

Structured Lessons

Basic and advanced content for each topic

Flashcards & Quizzes

Active recall and self-assessment tools

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Lazard

Analyst

The IB Vine technical prep is beyond helpful, it's so much more fun quizzing myself every now and then vs. reading through the guides again.
Qatalyst Partners

Analyst

I personally found that the 'IB Vine Select' collection had some of the exact questions I was asked in my Qatalyst interviews.
Greenhill & Co.

Analyst

Thanks for starting up IB Vine. Couldn't have landed my offer without your help!
Anon

User Story

I honestly think you're doing gods work since IB Vine democratizes the whole interview process and helps a lot of students ace their interviews.
J.P. Morgan

Analyst

I found this website really helpful, which also helps me better prepare for the technical interview in IBD position and get an offer.
Monkey

Seen on WallStreetOasis

Check out IB Vine, specifically the 'IB Vine Select' questions. Once you can get a handle of those, it seems like you are in a spot where you're applying the concepts rather than simply memorizing them
RBC

Analyst

I've used IB Vine for my recruitment, and I could not imagine the journey without it. Thank you for creating a phenomenal resource.
Monkey

Seen on WallStreetOasis

Beyond the 400 questions guide, try to understand a deeper level and the underlying concepts of the questions being asked. Use ibvine, it really helps.
Monkey

Seen on WallStreetOasis

IB Vine has excellent questions, especially multistep ones. In my experience I've gotten grilled on accretion/dilution, bond math, and merger model questions. IB Vine has great practice for all of those.
Anon

User Story

As a nontraditional transfer student who has been rendered unavailable to many resources at my university (Leadership positions at clubs, immediately behind the recruiting cycle, etc.) IB Vine has been an absolute game changer in my IB prep.
Monkey

Seen on WallStreetOasis

From my experience interviewing FT for IB, it’s not enough to just know the 400 questions anymore (it’s a good starting point) but to look at even more advanced questions. Would recommend IB Vine.
Anon

Seen on Twitter

heard all the new kids use IB Vine now. the questions on IB Vine helped me get the concepts down when I had to recruit and make a lot of BB/MM interviews easier than I expected for techs
Anon

User Story

Just got off the phone with a kid who interned at a Dallas PE firm. He mentioned that IBvine.io helped him secure that internship as well as his Summer Analyst offer, especially since he came from a non-target with no resources.
Lazard

Analyst

The IB Vine technical prep is beyond helpful, it's so much more fun quizzing myself every now and then vs. reading through the guides again.
Qatalyst Partners

Analyst

I personally found that the 'IB Vine Select' collection had some of the exact questions I was asked in my Qatalyst interviews.
Greenhill & Co.

Analyst

Thanks for starting up IB Vine. Couldn't have landed my offer without your help!
Anon

User Story

I honestly think you're doing gods work since IB Vine democratizes the whole interview process and helps a lot of students ace their interviews.
J.P. Morgan

Analyst

I found this website really helpful, which also helps me better prepare for the technical interview in IBD position and get an offer.
Monkey

Seen on WallStreetOasis

Check out IB Vine, specifically the 'IB Vine Select' questions. Once you can get a handle of those, it seems like you are in a spot where you're applying the concepts rather than simply memorizing them
RBC

Analyst

I've used IB Vine for my recruitment, and I could not imagine the journey without it. Thank you for creating a phenomenal resource.
Monkey

Seen on WallStreetOasis

Beyond the 400 questions guide, try to understand a deeper level and the underlying concepts of the questions being asked. Use ibvine, it really helps.
Monkey

Seen on WallStreetOasis

IB Vine has excellent questions, especially multistep ones. In my experience I've gotten grilled on accretion/dilution, bond math, and merger model questions. IB Vine has great practice for all of those.
Anon

User Story

As a nontraditional transfer student who has been rendered unavailable to many resources at my university (Leadership positions at clubs, immediately behind the recruiting cycle, etc.) IB Vine has been an absolute game changer in my IB prep.
Monkey

Seen on WallStreetOasis

From my experience interviewing FT for IB, it’s not enough to just know the 400 questions anymore (it’s a good starting point) but to look at even more advanced questions. Would recommend IB Vine.
Anon

Seen on Twitter

heard all the new kids use IB Vine now. the questions on IB Vine helped me get the concepts down when I had to recruit and make a lot of BB/MM interviews easier than I expected for techs
Anon

User Story

Just got off the phone with a kid who interned at a Dallas PE firm. He mentioned that IBvine.io helped him secure that internship as well as his Summer Analyst offer, especially since he came from a non-target with no resources.
Lazard

Analyst

The IB Vine technical prep is beyond helpful, it's so much more fun quizzing myself every now and then vs. reading through the guides again.
Qatalyst Partners

Analyst

I personally found that the 'IB Vine Select' collection had some of the exact questions I was asked in my Qatalyst interviews.
Greenhill & Co.

Analyst

Thanks for starting up IB Vine. Couldn't have landed my offer without your help!
Anon

User Story

I honestly think you're doing gods work since IB Vine democratizes the whole interview process and helps a lot of students ace their interviews.
J.P. Morgan

Analyst

I found this website really helpful, which also helps me better prepare for the technical interview in IBD position and get an offer.
Monkey

Seen on WallStreetOasis

Check out IB Vine, specifically the 'IB Vine Select' questions. Once you can get a handle of those, it seems like you are in a spot where you're applying the concepts rather than simply memorizing them
RBC

Analyst

I've used IB Vine for my recruitment, and I could not imagine the journey without it. Thank you for creating a phenomenal resource.
Monkey

Seen on WallStreetOasis

Beyond the 400 questions guide, try to understand a deeper level and the underlying concepts of the questions being asked. Use ibvine, it really helps.
Monkey

Seen on WallStreetOasis

IB Vine has excellent questions, especially multistep ones. In my experience I've gotten grilled on accretion/dilution, bond math, and merger model questions. IB Vine has great practice for all of those.
Anon

User Story

As a nontraditional transfer student who has been rendered unavailable to many resources at my university (Leadership positions at clubs, immediately behind the recruiting cycle, etc.) IB Vine has been an absolute game changer in my IB prep.
Monkey

Seen on WallStreetOasis

From my experience interviewing FT for IB, it’s not enough to just know the 400 questions anymore (it’s a good starting point) but to look at even more advanced questions. Would recommend IB Vine.
Anon

Seen on Twitter

heard all the new kids use IB Vine now. the questions on IB Vine helped me get the concepts down when I had to recruit and make a lot of BB/MM interviews easier than I expected for techs
Anon

User Story

Just got off the phone with a kid who interned at a Dallas PE firm. He mentioned that IBvine.io helped him secure that internship as well as his Summer Analyst offer, especially since he came from a non-target with no resources.
Lazard

Analyst

The IB Vine technical prep is beyond helpful, it's so much more fun quizzing myself every now and then vs. reading through the guides again.
Qatalyst Partners

Analyst

I personally found that the 'IB Vine Select' collection had some of the exact questions I was asked in my Qatalyst interviews.
Greenhill & Co.

Analyst

Thanks for starting up IB Vine. Couldn't have landed my offer without your help!
Anon

User Story

I honestly think you're doing gods work since IB Vine democratizes the whole interview process and helps a lot of students ace their interviews.
J.P. Morgan

Analyst

I found this website really helpful, which also helps me better prepare for the technical interview in IBD position and get an offer.
Monkey

Seen on WallStreetOasis

Check out IB Vine, specifically the 'IB Vine Select' questions. Once you can get a handle of those, it seems like you are in a spot where you're applying the concepts rather than simply memorizing them
RBC

Analyst

I've used IB Vine for my recruitment, and I could not imagine the journey without it. Thank you for creating a phenomenal resource.
Monkey

Seen on WallStreetOasis

Beyond the 400 questions guide, try to understand a deeper level and the underlying concepts of the questions being asked. Use ibvine, it really helps.
Monkey

Seen on WallStreetOasis

IB Vine has excellent questions, especially multistep ones. In my experience I've gotten grilled on accretion/dilution, bond math, and merger model questions. IB Vine has great practice for all of those.
Anon

User Story

As a nontraditional transfer student who has been rendered unavailable to many resources at my university (Leadership positions at clubs, immediately behind the recruiting cycle, etc.) IB Vine has been an absolute game changer in my IB prep.
Monkey

Seen on WallStreetOasis

From my experience interviewing FT for IB, it’s not enough to just know the 400 questions anymore (it’s a good starting point) but to look at even more advanced questions. Would recommend IB Vine.
Anon

Seen on Twitter

heard all the new kids use IB Vine now. the questions on IB Vine helped me get the concepts down when I had to recruit and make a lot of BB/MM interviews easier than I expected for techs
Anon

User Story

Just got off the phone with a kid who interned at a Dallas PE firm. He mentioned that IBvine.io helped him secure that internship as well as his Summer Analyst offer, especially since he came from a non-target with no resources.

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    Industry Verticals & Coverage Groups Interview Guide - Updated 2026 | IB Vine