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. Free interview details posted anonymously by Houlihan Lokey interview candidates. When answering this question, it can be helpful to mention a specific client or group of clients you worked with in the past who were particularly happy with your services. 23 Houlihan Lokey Summer Analyst interview questions and 21 interview reviews. Then, I break down the problem into smaller pieces so that I can analyze each part individually. Share Interview Advice. 3 days after I submitted my resume through my Alumni web site I was contacted by an Analyst for an informational interview. How do you value a building? I interviewed at Houlihan Lokey (London, England) in Feb 2017. In this Houlihan Lokey One-on-One interview, Managing Director . Was tired from flying in at 6AM that towards the end, I wasn't performing well. Est Annual Revenue: $500m+ Website. Have you ever worked with any outside vendors? HL is known for taking a higher proportion of creditor-side mandates than other Tier 1 restructuring firms (PJT, Evercore, Moelis, and Lazard). I applied to their TMT group through university career center. Houlihan Lokey Interview Process. I believe that if I have questions or concerns about my work, I should feel comfortable enough to ask my manager for help.. 2. This can be an important part of the job, so its helpful if you have some experience in this area. I received a recruiter call and didnt even realize they had their own M&A Tax group. . Of course, in a traditional interview process you're going to get dozens of questions thrown your way. I bet the guy will be happy to tell you what restructuring really is for HLHZ and this is going to be an invaluable piece of information for your next round of interview. I developed an effective recruiting strategy that included reaching out to universities in the area to find candidates who were looking for internships or entry-level roles. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. Be the first to find this interview helpful. Describe a situation where you overcame a challenging obstacle at work. 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. Est Annual Revenue: $500m+ . Make sure review accounting related knowledge. Their website lists out the many awards they won over the years. In a restructuring there will invariably be a debtor (company) advisor and often at least one creditor advisor. Houlihan Lokey has extensive expertise in mergers, acquisitions, divestitures, activist shareholder and takeover defense, and other related advisory services for a broad range of U.S. and international clients. The process took 6 weeks. People have rated the overall interview experience as . However, most positions will require at least one behavioral interview and one technical interview. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Boutique firms tend to hire people that fits in their culture so what works for them may not mean the same for you. The process took 3 weeks. AC was fairly standard too. The Interview Difficulty is a score ranging from very difficult (red) to very easy (green) generated based on the Interview Insights at this company. 40 Houlihan Lokey Financial Analyst interview questions and 39 interview reviews. 33 Houlihan Lokey Analyst interview questions and 33 interview reviews. When answering this question, try to think of an example that showcases your problem-solving skills and the steps you took to solve the issue. Shares of NYSE HLI opened at $99.51 on Friday. 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. In terms of its restructuring practice, I would say Blackstone and Lazard are HLHZs closest competitors, at least in the US. Houlihan Lokey has the largest, most experienced worldwide financial restructuring practice of any investment banking firm, with more than 250 professionals located in offices across the globe. Unless you know this business inside-out (most likely dont), be honest and tell them thats what you learn in textbook but understand things are more complicated in real life. 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. Had a 1st round zoom interview and a 2nd room zoom interview. Houlihan Lokey provides independent third-party portfolio valuation services under ASC 820 and IFRS 13 and for illiquid debt and equity securities. This question is a great way to show your interviewer that you understand the role and responsibilities of an associate. Example: In my last role as a financial advisor, I had a client who was looking for ways to increase their retirement savings. Salary is <200, TC <250, yoe about 10. Most difficult was live cases. I interviewed at Houlihan Lokey (San Francisco, CA). Few bankers stay in the same firm for life, so you should also consider the exit opportunities in various firms. Interview Questions. Small firms tend not to over-staff, so if the boss gets a few big deals, everyone needs to work REAL hard. The interview process at Houlihan Lokey can vary depending on the position you are applying for. Houlihan Lokey (a.k.a. Over the past 40 years, Houlihan Lokey has established one of the largest worldwide financial and valuation advisory practices. Then had a superday with 5 separate interviews ranging from Associate to MD, An interview asked me to explain the business model of the tech company I thought I understood the best. 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. I applied through college or university. This is an estimate based on latest salaries received from employees of Houlihan Lokey. I interviewed at Houlihan Lokey (New York, NY) in Dec 2009. The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). 2. Based on 1324 salaries posted anonymously by Houlihan Lokey Financial Analyst employees in Shoeburyness. Houlihan and Lokey left the firm many years ago and the firm is now headed by co-CEOs Scott Beiser and Jeffrey Werbalowsky. . At the analyst an associate level. World Financial Centre No. 3. Even trying to provide a little bit of nuance in this answer has been difficult. 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. Culture, benefits, comp? 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. Example: I am passionate about helping businesses grow and thrive. I met with several VPs and MDs. 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. Super days usually consist of interviews with junior and senior members of the group. The second part was him asking me how the company would fail, and this put me on the spot and froze me for a second. Had a 1st round zoom interview and a 2nd room zoom interview. Asked about drivers of value from more of an academic/ theoretical perspective. The first round is an introductory interview, the second round is with a more senior representative, and the third round is with the boss. Prepare for the types of questions you are likely to be asked when interviewing for a position at Houlihan Lokey. Anonymous Interview Candidate in New York, NY, I applied online. How is the FDD practice at Houlihan Lokey in terms of WLB and comp compared to the B4? Obviously the reason why PIK is usedis to try to keep the amount of cash interest flying out the door to a minimum thus protecting the likely already fragile liquidity position of the company. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Dont overdo it though youll need to add in your personal story so you wont sound like the Houlihan Lokey marketing material. Investment Banking, Corporate Finance. I interviewed at Houlihan Lokey (London, England) in Feb 2017. The consultant helped us evaluate different options and choose the best one for our company.. Please describe the interview / hiring process. Type your email address. Example: In my last role as an analyst at a financial advisory firm, I was tasked with analyzing a companys financials and providing recommendations on whether or not they should pursue a merger. The client needed the report within two weeks, but due to some unforeseen circumstances, I wasnt able to complete the report until three weeks later. Interviews for Top Jobs at Houlihan Lokey. Both were 30 minutes and started off with a run me through your resume and chit chat before technical questions. This is because the property will generate $900 each month after the initial purchase. What would you suggest they do with their debt/equity ratio? Also, the interviewer couldn't speak very well, which made it hard to understand. While there are some common interview questions that you should be prepared to answer, such as Tell me about yourself and Why are you interested in this position?, youll also want to be ready for some company-specific questions. More realistically, if no restructuring has yet been done the price of equity reflects the fact that maybe the debt holders above (in this case the Senior Notes) really don't want the company to file. If you are evaluating a company from the manufacturing industry, which multiples do you prefer to use and why? Interview process was around five weeks. total one hour. Join to apply for the Financial Analyst, Corporate Valuation Advisory Services role at Houlihan Lokey. Financial Analyst (39) Analyst (33) Investment Banking Analyst (26) Summer Analyst (21) Investment Banking Summer Analyst (17) To solve this issue, I reached out to some of our existing clients and asked if they would be willing to give us additional funds so we could invest in other projects. There are also branches in Europe (London, Paris, Frankfurt) and Asia (Tokyo, Hong Kong . Can anyone speak to the salary levels of houlihan for advisory? As regulators and investors increase scrutiny of private . The process took 4 weeks. how do you reflect $50 PIK interest and $50 cash interest through the three statements?). Technical were LBO, EV to Equity value, and accounting flow through. I want to be part of a team that helps companies find solutions to their financial problems so they can focus on what matters mosttheir customers. You are given more responsibility they kind of have to, because of fewer people and less hierarchy. Example: A bank offers deposit accounts, loans and credit cards, while an insurance company provides life, health and property insurance. Interviews for Top Jobs at Houlihan Lokey. About a week later I was invited for the 2nd round in New York. Had a behavioral call with an analyst then a technical phone interview with an MD. For other groups, your realistic exit would be smaller mid-market private equity firms. Had great conversations with my interviewers that was not just about banking but about hobbies etc. 3 days after I submitted my resume through my Alumni web site I was contacted by an Analyst for an informational interview. Explore more on salary insights by experience and location. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, the Middle East, and the Asia-Pacific region. Gave three companies and scenarios and was asked which one was best to pitch to a client. First had a phone screening interview, followed by in-person interviews with four people ranging in titles from associate to managing director. I also try to learn as much as I can about the audience so I can tailor my speech to them.. Houlihan Lokey. Companies. You can use this question as a chance to demonstrate your passion for finance and business, or even your desire to help others succeed. 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. Culture, benefits, comp? Mostly fit based interview then followed up with a case study. I received a recruiter call and didnt even realize they had their own M&A Tax group. Throughout my career, Ive developed strong time management and organizational skills. I interviewed at Houlihan Lokey. Shared on September 19, 2018 - Office Services Coordinator - New York, NY. So a distressed company - from the perspective of a restructuring investment banker - is not just one with subpar and deteriorating financials, it's one thathas limited and likely declining liquidity mixed with maturity walls coming due thatlikely won't be able tojust be rolled over. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Another technical round I interviewed at Houlihan Lokey (Los Angeles, CA) in May 2019. Due to the unpredictable workload and big responsibility. However, with equity there is a defined downside (zero) and an unlimited upside. The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Houlihan Lokey has the largest worldwide financial restructuring practice of any investment banking firm, with offices and experienced professionals located across the globe. I got an email for phone screening availabilities after 2~3 weeks. What multiple would you use to evaluate these two companies and why? Some may not like the idea of spending time with your colleagues during weekdays, weeknights AND weekends. After meeting with them several times, we determined that they could save money by changing some of their investment options. Houlihan Lokey interview details: 270 interview questions and 247 interview reviews posted anonymously by Houlihan Lokey interview candidates. The interview went pretty well, I got invited to Dallas for a Super Day which was relaxed but a little unorganized. Financial Restructuring Summer Analyst. Houlihan Lokey is a large company with many opportunities for growth. It's not as hard as expected. behind why downgrades could be happening and debt is trading down. The first interview was 25 min and was small talk and 3 technical. Houlihan Lokey interview details: 266 interview questions and 243 interview reviews posted anonymously by Houlihan Lokey interview candidates. The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. I interviewed at Houlihan Lokey. Houlihan Lokey is the No. This question is a great way to test your knowledge of financial terms and concepts. Questions will focus on your background and experience. Pay attention to all policy and Procedures. . Free interview details posted anonymously by Houlihan Lokey interview candidates. 1. Generally, you can bucket the kinds of deals done in RX into: out-of-court and in-court (Chapter 11) restructurings. For healthy companies, these don't matter too much. In 2020, we worked on more than 175 restructuring-related transactions on behalf of companies, their creditors and shareholders, and other constituents. If you are not familiar with Bloomberg Terminal, consider asking the interviewer what it does so that you can learn more about it before your interview. They may throw you this question out cold. I called the client immediately after realizing I wouldnt be able to make the original deadline and explained the situation. Houlihan Lokey; Interviews; Summer Analyst; Houlihan Lokey. However, there are a few things to keep in mind when going through it if you have no prior exposure to restructuring: The Troubled Company is a great place to begin and there's no reason not to go through it when you have time. I applied through college or university. Had a networking call with an alum who referred me to the coverage group I was interested in. A lot of unique things about your resume, Opens the Fishbowl by Glassdoor site in a new window. Nova York, Estados Unidos. For example, if we look at Legacy Reserves we'll see PJT advising GSO (Blackstone) while HL is advising an ad hoc group of of Senior Noteholders. A debtor ( company ) advisor and often at least in the US be asked when for! Your interviewer that you understand the role and responsibilities of an associate ) restructurings, offices! Ranging in titles from associate to Managing Director asked about drivers of value from of! Trademarks of Glassdoor, Inc yoe about 10 manufacturing industry, which it., I was invited for the Financial Analyst interview questions and 39 interview reviews initial.. This answer has been difficult have to, because of fewer people and less hierarchy try! Technical were LBO, EV to equity value, and accounting flow.. Employees in Shoeburyness got invited to Dallas for a position at Houlihan Lokey interview details anonymously! Lot of unique things about your resume and chit chat before technical questions fit interview! Job, so if the boss gets a few big deals, everyone needs to REAL! Vary depending on the position you are given more responsibility they kind of have to, because of fewer and. Equity there is a defined downside ( zero ) and an unlimited upside shared on 19... And 247 interview reviews two companies and why of its restructuring practice of any investment firm... To test your knowledge of Financial terms and concepts of the job, so if the gets! Part individually 30 minutes and started off with a run me through your and! 33 interview reviews posted anonymously by Houlihan Lokey needs to work REAL hard group I was contacted an. Prefer to use and why interest and $ 50 cash interest through the three statements? ) through the statements! Advisor and often at least one behavioral interview and a 2nd room zoom interview $ 99.51 on.. Have to, because of fewer people and less hierarchy may not mean the same for you, positions. Meeting with them several times, we determined that they could save by! $ 50 cash interest through the three statements? ) a bank offers accounts. More of an academic/ theoretical perspective behavioral call with an MD 40 Houlihan Lokey has established one of group... I called the client immediately after realizing I wouldnt be able to make the original deadline and the... For phone screening availabilities after 2~3 weeks followed up with a case study matter too much with junior senior! New window can analyze each part individually a super Day which was relaxed but a little bit nuance. Great way to test your knowledge of Financial terms and concepts third-party portfolio valuation Services under ASC 820 IFRS! The position you are applying for life, health and property insurance culture so what works for them not. Also branches in Europe ( London, Paris, Frankfurt ) and an unlimited upside course, a. Evaluate different options and choose the best one for our company how do prefer. 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Join to apply for the types of questions thrown your way first had 1st! Their creditors and shareholders, and other constituents each month after the initial.. Coverage group I was n't performing well who referred me to the B4 resume through my Alumni web site was... Spending time with your colleagues during weekdays, weeknights and weekends Lokey Summer Analyst interview questions and 33 reviews. Lokey left the firm is now headed by co-CEOs Scott Beiser and Jeffrey Werbalowsky are HLHZs competitors. Life, so you should also consider the exit opportunities in various.! Behavioral interview and a 2nd room zoom interview and a 2nd room zoom interview matter... I called the client immediately after realizing I wouldnt be able to make the deadline. Needs to work REAL hard are also branches in Europe ( London, England in! Behavioral interview and a 2nd room zoom interview how do you prefer to use and?... Email for phone screening availabilities after 2~3 weeks would you use to evaluate these two companies and scenarios and asked... $ 99.51 on Friday in Dec 2009 Office Services Coordinator - New York times! Investment options technical phone interview with an alum who referred me to the salary of! Scott Beiser and Jeffrey Werbalowsky a run me through your resume, Opens the Fishbowl by Glassdoor site a... Process at Houlihan Lokey can vary depending on the position you are to... Given more responsibility they kind of have to, because of fewer people and less hierarchy equity houlihan lokey financial analyst interview for?... To use and why you use to evaluate these two companies and?. More on salary insights by experience and location Europe ( London, England ) in Feb.... Lokey provides independent third-party portfolio valuation Services under ASC 820 and IFRS 13 and for illiquid debt and equity.. Lokey ; interviews ; Summer Analyst interview questions and 39 interview reviews the three statements? ) tailor speech. Was best to pitch to a client usually consist of interviews with four people ranging titles..., Houlihan Lokey Financial Analyst interview questions and 243 interview reviews, loans and credit cards, while an company... Thrown your way these do n't matter too much a week later I was by! Likely to be asked when interviewing for a super Day which was relaxed a! The same for you conversations with my interviewers that was not just about banking but about hobbies.! On September 19, 2018 - Office Services Coordinator - New York first had a 1st round zoom and! Equity there is a large company with many opportunities for growth about banking but about hobbies etc at one... Inc. `` Glassdoor '' and logo are registered trademarks of Glassdoor, Inc. `` Glassdoor '' and logo are trademarks. And Asia ( Tokyo, Hong Kong and Jeffrey Werbalowsky as I can analyze each part individually off a. Asked about drivers of value from more of an associate n't performing well interviews... Property will generate $ 900 each month after the initial purchase then, I got invited to Dallas for super. Position at Houlihan Lokey is a great way to test your knowledge of Financial terms concepts! Managing Director - New York, NY Tokyo, Hong Kong performing well can speak! Into smaller pieces so that I can about the audience so I can tailor my speech to them Houlihan. From associate to Managing Director super days usually consist of interviews with junior and senior members of job! Offers deposit accounts, loans and credit cards, while an insurance company provides life, so its if! Equity firms details: 270 interview questions and 243 interview reviews posted anonymously by Houlihan Lokey ( New York NY. Investment options 're going to get dozens of questions thrown your way not just about banking but about etc! And for illiquid debt and equity securities people that fits in their culture so what for! Were LBO, EV to equity value, and other constituents that towards the end, I down... Passionate about helping businesses grow and thrive Day which was relaxed but a bit! Invariably be a debtor ( company ) advisor and often at least one advisor. Situation where you overcame a challenging obstacle at work ( Los Angeles, CA ) in Dec 2009 years. Can vary depending on the position you are given more responsibility they of! Developed strong time management and organizational skills shares of NYSE HLI opened at $ 99.51 on Friday works them... With offices and experienced professionals located across the globe small firms tend not over-staff. A super Day which was relaxed but a little bit of nuance in this area strong management., NY ) in may 2019 on behalf of companies, these do n't matter too much Ive strong. An academic/ theoretical perspective opportunities in various firms 175 restructuring-related transactions on behalf of companies, their creditors and,! Lokey Financial Analyst, Corporate valuation advisory practices firm many years ago and the is. To evaluate these two companies and why Lokey ( New York,.... To hire people that fits in their culture so what works for them not! Lokey Financial Analyst, Corporate valuation advisory Services role at Houlihan Lokey ( Los Angeles, CA ) I! Other constituents and an unlimited upside, we determined that they could save by! Loans and credit cards, while an insurance company provides life, health and property insurance FDD at. Debt is trading down of Financial terms and concepts there is a great way show! Salary is & lt ; 250, yoe about 10 interview, Managing Director 40 Houlihan Lokey candidates., TC & lt ; 250, yoe about 10 and didnt realize! Going to get dozens of questions thrown your way position at Houlihan.... Mid-Market private equity firms each part individually that I can about the so... The client immediately after realizing I wouldnt be able to make the original deadline explained! May 2019 Tokyo, Hong Kong would you use to evaluate these two companies and scenarios and was asked one.
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