I applied in-person. The process took 2 weeks. I interviewed at Natixis (Paris) in Nov 2023
Interview
Applied through a posted DM contact. Preferably a French speaker since the work is mainly in French. Despite my intermediate level, we went along anyways. I had two interviewers who have been nice but were clearly disappointed because of my French. I had an interview online but I would not recommend it to do it that way due to a poor microphones in their room (personal opinion)
Interview questions [1]
Question 1
1) What is EBITDA? Why do people care about this metric? How to compute EBITDA? Why do we add back DA from EBIT? 2) What is DCF? Do we discount every CF? What is a discount rate and what it shows? Why cost of debt is generally lower than cost of equity? 3) Discuss recent news topic
I applied through university. I interviewed at Natixis
Interview
In the morning: interview with 2 sector analysts (motivation, previous experience and competency questions). A 30 minutes case study. And an interview with a senior M&A banker in the afternoon.
Interview questions [1]
Question 1
Experience in working with Reuters, Datastream, VBA
