Equity Research Interview Questions

Prepare to pitch a stock, defend forecasts and valuation, discuss earnings and catalysts, and demonstrate the sector knowledge expected in equity research interviews.

This practice bank contains role-specific technical and behavioral questions with structured model answers. Visitors can filter by topic and difficulty, bookmark questions and track readiness; five questions per career are available in the free preview.

What to prepare

• Stock pitch structure
• Forecasting and earnings analysis
• DCF and relative valuation
• Catalysts, risks and target prices
• Sector knowledge and research process

Representative equity research interview questions

1. The stock pitch: Pitch me a stock.
2. The stock pitch: Give me a long or short idea in any sector.
3. The stock pitch: Why not pitch a heavily-covered mega-cap?
4. The stock pitch: What is a variant perception?
5. The stock pitch: How do you set a price target?
6. The stock pitch: Describe your portfolio / allocation.
7. The stock pitch: How do you defend your pitch against a skeptic?
8. The stock pitch: What's your time horizon for a recommendation?
9. Valuation: What is the difference between equity value and enterprise value, and why does that distinction matter in practice?
10. Valuation: When would you NOT use a DCF?
11. Valuation: Name the main valuation multiples.
12. Valuation: Why use EBITDA? Its limits?
13. Valuation: Walk me through a DCF.
14. Valuation: What is WACC and how do you calculate it?
15. Valuation: What is the difference between levered and unlevered beta, and why does that distinction matter in practice?
16. Valuation: Why multiply Kd by (1−t) in WACC?
17. Valuation: How do you value a bank?
18. Valuation: How do you set the terminal value?

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• Private Equity Interview Questions
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