Used by bankers at MS / Bank of America

Break into Investment Banking

The complete prep platform. Study every major bank and group, master technical questions, and track your progress — all in one place.

No credit card required · Free tier includes 35 questions

20+
Bank profiles
212+
Practice questions
6
Question categories
3
Difficulty levels

Everything you need to get the offer

Built by former bankers who went through the same grind. We know exactly what interviewers test.

Bank & Group Profiles

Deep-dive profiles on every major bank — culture, prestige, notable deals, and group-by-group breakdowns of M&A, ECM, DCM, LevFin, and Restructuring.

Technical Q&A Practice

212+ questions across Accounting, Valuation, DCF, LBO, M&A, and Behavioral. Every answer comes with a detailed explanation from the perspective of a top banker.

Progress Tracking

Track your accuracy by category and difficulty. Identify weak areas and get targeted practice recommendations before your interviews.

Free Pro question preview

See what Pro questions actually look like

One Pro question shown in full — answer plus the banker explanation of what interviewers are really testing.

🤝 M&A
Hard
Pro

Acquire 70% of a target for cash. Target: $100 equity value, $180 assets, $100 liabilities, $80 book equity. Walk through the acquirer's balance sheet.

Answer

Cash used: $70 (70% × $100). Add seller assets ($180) and liabilities ($100), wipe out seller equity ($80 disappears at consolidation). Net so far: Assets +$180 − $70 = +$110. Liabilities +$100. Need to plug: book equity ($80) < value ($100), so create $20 goodwill on the asset side. On the liabilities side, create $30 NCI (30% × $100 value) representing the portion not owned. Final: Assets +$130, L+NCI +$130.

Why interviewers ask this

Two key steps: (1) goodwill plugs the difference between price paid (on a 100% basis) and book equity; (2) NCI captures the minority shareholders' claim on the consolidated sub. Even though A bought 70%, the BS consolidates 100% of the sub.

176+ more Pro questions, plus all 20 bank profiles

Ready to start?

Free tier available. Upgrade to Pro for full access to all bank profiles, 212+ questions, and progress analytics.

No credit card required Cancel anytime Instant access