Free tool · AI interview practice
Get a 0–10 score, your gaps and a model answer for each question.
The short version
Quick answer: An investment banking mock interview is a practice round of the questions bankers ask. This free tool gives you five for your track and level. An AI grader scores each answer from 0 to 10 against a model answer and its key points. It is practice feedback, not a hiring prediction.
Guide
How to answer like a banker
It is a rehearsal of the real interview. You answer the kinds of questions an interviewer asks, then get feedback before it counts.
Think of it as a net session before a cricket match. The bowling is real, but a dropped catch costs nothing.
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 improve with practice.
Most interviews mix technical and fit questions. Freshers face mostly fundamentals. Laterals also get questions on their own deals.
| Track | What it tests | Example question |
|---|---|---|
| Accounting | How the three financial statements link | 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 versus equity value, 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? |
| 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? |
In short: technical tracks reward exact steps and numbers. The fit track rewards a clear, specific story.
M&A means mergers and acquisitions. An LBO (leveraged buyout) is buying a company mostly with borrowed money. Enterprise value is the whole business; equity value is the shareholders’ part. Private equity firms buy whole companies with their investors’ money. Equity research analysts study listed shares and say whether to buy or sell.
Lead with the answer in one line. Walk through the steps, then finish at a number or a decision. State your assumptions out loud. Keep each answer to about 60–90 seconds spoken.
Example (illustrative): depreciation rises by ₹10 at a 25% tax rate. Depreciation is the yearly cost of a machine wearing out, and no cash leaves for it. Pre-tax profit falls ₹10, tax falls ₹2.50 and net income falls ₹7.50. Add the ₹10 back on the cash flow statement, 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 it balances.
For fit questions, use STAR: Situation, Task, Action, Result. Spend most of your time on the action.
Each answer gets 0 to 10 against its key points. A lateral answer is held to a higher bar.
| Score | 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 |
In short: aim for 7 or more on every answer before you move to a new track.
Overall, 75 or more out of 100 means interview-ready on those questions. 50 to 74 means close the listed gaps. Below 50, rebuild those answers from the model answers.
Start with your lowest score. Read the model answer, close it, and rewrite yours from memory. Then say it aloud in under 90 seconds.
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.
FAQs
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 QuintEdge’s model answers and key points. 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 anything you are unsure about.
