I applied online. The process took 4 weeks. I interviewed at FocalPoint Partners (Chicago, IL) in Oct 2022
Interview
5 rounds of interviews. Mix of behavioral and technical questions. Final round was with an associate- not like a 3 hour super day. Nothing too challenging if you know basic finance and accounting.
Interview questions [1]
Question 1
What would the most important assumptions be on an operating model? If 2 companies have the same GP but different EBIT/EBITDA, how would that affect the 2 companies' valuation? Walk through 3 financial statements. What is the significance of EBITDA? What is the significance of working capital in valuation. Why FocalPoint/B. Riley?