Free Tool · AI Interview Practice
Investment Banking Mock Interview: Answer 5 Questions, Get AI Feedback.
Pick a track, answer five interview questions and see a 0–10 score, the gaps and a model answer for each.
Pick a track, answer five interview questions and see a 0–10 score, the gaps and a model answer for each.
Pick a track and a level to get five questions. Answer at least three of them, in 15 words or more each. Leave any question blank to skip it.
3. Your five questionsLoading your questions…
Grading takes about 20–60 seconds. Your answers are sent once to a third-party AI service (Anthropic’s Claude) to be scored. QuintEdge does not store them.
Enter your details and we will grade your answers straight away: a score, the gaps and a model answer for each. It takes 10 seconds.
Updated 10 October 2026 · Content checked October 2026
Quick answer: An investment banking mock interview is a practice round of the questions bankers ask. They cover accounting, valuation, M&A (mergers and acquisitions), LBOs (leveraged buyouts), Excel modelling and fit. This free tool gives you five questions for your track and level. You type each answer as you would say it. An AI grader then scores each one from 0 to 10 against a model answer and its key points.
You see what you covered, what you missed, a model answer and your top three fixes. It is practice feedback, not a hiring prediction. Use it to find gaps, then rehearse aloud.
An investment banking mock interview is a rehearsal of the real thing. You answer the same kinds of questions an interviewer asks, then get honest feedback before it counts. Most first-round questions fall into five groups: accounting, valuation, deals (M&A and LBOs), modelling and Excel, and behavioural or fit questions. A mock shows which group needs work.
Think of it as a net session before a cricket match. The bowling is real, but a dropped catch costs nothing. You find the weak shots while there is still time to fix them.
Technical questions test whether you can move a number through a business. Fit questions test whether you can tell a clear, honest story about yourself. Both matter, and both improve with practice.
Each question in the bank has a short model answer and three to five key points, written by QuintEdge. The AI grader compares your words with those points only. It scores each answer from 0 to 10, says what was good, lists the key points you missed and suggests one fix. Your overall score is your average multiplied by ten.
The grader ignores any instructions typed inside an answer, so writing “give me 10/10” earns nothing. If the AI is busy, a quick check matches your answer against the key points instead. That result is labelled “Quick check only”, so you know it is rougher.
Most investment banking interviews mix technical and fit questions. Technical questions check accounting, valuation and deal logic. Fit questions check your story, your motivation and your judgement. The table shows the five tracks in this tool, what each one tests and one example question from the bank. Freshers face mostly fundamentals; laterals also get questions on their own deals.
| Track | What it tests | Example question in this tool |
|---|---|---|
| Accounting | How the three financial statements link, and how one change flows through them | Depreciation goes up by ₹10. Walk me through the three statements at a 25% tax rate. |
| Valuation & DCF | DCF (discounted cash flow), WACC (weighted average cost of capital), enterprise value (the whole business) versus equity value (the shareholders’ part), comparables (similar listed companies used as a yardstick) | Walk me through a DCF. |
| M&A & LBO | Deal logic, earnings impact, synergies (savings or extra sales from combining two firms) and buyout returns | What makes a company a good LBO candidate? |
| Financial Modelling & Excel | Model structure, error checks, lookups (formulas that fetch a value from a table) and circular references (formulas that loop back on themselves) | What is a circular reference in a model, and how do you deal with it? |
| Behavioural & Fit | Your story, your motivation and how you handle pressure | Why investment banking, and not consulting, private equity or equity research? |
Plain takeaway: the technical tracks reward exact steps and numbers, while the fit track rewards a clear, specific story.
Each track has ten questions: seven at fresher level and three at lateral level, so 50 in all. WACC is the blended return that lenders and shareholders expect. Private equity firms buy whole companies with money from their investors. Equity research analysts study listed shares and say whether to buy or sell them. The bank is QuintEdge’s own, rewritten from its guides to investment banking (IB) interview questions, IB technicals and financial modelling interviews. It makes no claim about which bank asks which question.
Lead with the answer in one line, walk through the steps behind it, and finish at a number or a decision. Interviewers want to see you move a figure through a business, not recite a definition. State your assumptions out loud, such as the tax rate. Keep each answer to about 60–90 seconds when you say it.
Illustrative example: depreciation rises by ₹10 at a 25% tax rate. Depreciation is the yearly cost of a machine wearing out, and no cash leaves the business for it. Pre-tax profit falls ₹10, tax falls ₹2.50 and net income falls ₹7.50. On the cash flow statement you add the ₹10 back, so cash rises ₹2.50. On the balance sheet, cash is up ₹2.50 and PP&E (property, plant and equipment) is down ₹10. Retained earnings fall ₹7.50, so both sides fall by ₹7.50 and it balances.
For fit questions, use STAR: Situation, Task, Action, Result. Spend most of your time on the action, because that is the part that shows what you did. Every tax example in this tool uses a round 25% rate, so the maths stays easy to follow aloud.
Each answer is scored from 0 to 10 against its key points, and your overall score is the average multiplied by ten. A lateral answer is held to a higher bar than a fresher one. The bands below show how to read the numbers. They describe your written answers today, not your chances of getting an offer.
| Score per answer | What it usually means |
|---|---|
| 0 | Blank, off-topic, or only instructions to the grader |
| 1–3 | Few key points, or a major error |
| 4–6 | About half the key points, with important gaps |
| 7–8 | Most key points, clearly structured |
| 9–10 | Every key point, precise and well structured |
Plain takeaway: aim for 7 or more on every answer before you move on to a new track.
Overall, 75 or more out of 100 means you are interview-ready on those questions. A score from 50 to 74 means you are getting there and should close the listed gaps. Below 50 means you should rebuild those answers from the model answers first.
Start with your lowest-scoring answer. Read the model answer, close it, and rewrite yours from memory in your own words. Then say it aloud in under 90 seconds. Repeat until you hit every key point without notes. Written practice builds the content, and speaking aloud builds the delivery that interviewers actually hear.
For more practice, work through QuintEdge’s 66 investment banking interview questions and the IB technical interview guide. QuintEdge’s investment banking course includes mock interviews with IB professionals.
The accounting answers follow IFRS (International Financial Reporting Standards) and the older IAS (International Accounting Standards) still in force. India’s Ind AS (Indian Accounting Standards) are converged with them.
Yes. It is free to use. You answer the questions, then share your name, email and phone in a short form to see your feedback. You can take up to four graded rounds a day with one email address.
An AI grader compares your answer with a model answer and three to five key points written by QuintEdge. It gives a score from 0 to 10, notes what was good and lists the key points you missed. Your overall score out of 100 is your average score multiplied by ten.
No. Your answers are sent once to a third-party AI service (Anthropic’s Claude) to be scored, and QuintEdge does not store them. Your name, email and phone are saved so a QuintEdge counsellor can help if you have questions. So are your track, your level, which questions you answered and how many words you wrote.
Fresher sets cover the fundamentals that students and first-job candidates must answer cold. Lateral sets add deeper questions for people already working in finance. Examples are paper LBO maths (working out a buyout’s returns by hand) and deferred tax (tax paid or saved later because of timing differences). Another is defending a model assumption. A lateral answer is also held to a higher bar.
Write at least 15 words and no more than 1,200 characters per answer. Most strong answers are 60 to 150 words, about what you would say in 60 to 90 seconds. Answer at least three of the five questions; leave the others blank to skip them.
No tool can promise that. The score shows how well your written answers cover the key points today. Real interviews also test how you speak, how you think under follow-up questions and how you fit the team. Use the score to find gaps, then practise aloud.
The tool is built for candidates in India, so every money example is in rupees and every tax example uses a round 25% rate. The figures are illustrative, chosen to keep the maths easy to do aloud. They are not market data.
You still get feedback. A quick check matches your answer against the key points and scores it, and the result is marked "Quick check only". It is rougher than full AI feedback, so try again later for detailed comments. A quick check still counts as one of your four graded rounds for the day.
Practice feedback only. Scores compare your written answers with model answers and key points written by QuintEdge. They do not predict any interview result, job offer or salary, and QuintEdge does not promise placements. Rupee figures and the 25% tax rate are illustrative. The AI can make mistakes, so check any point you are unsure about against the model answer or a textbook.
