DCF
Discounted Cash Flow (DCF) is a valuation method used to estimate the value of an investment based on its expected future cash flows.
Related Terms: WACC, Terminal Value, Free Cash Flow
Investment Banking Interview Glossary
Master the essential terminology for investment banking interviews
Valuation
Transactions
LBO
Leveraged Buyout (LBO) is the acquisition of a company using a significant amount of borrowed money to meet the cost of acquisition.
Related Terms: Private Equity, Debt Financing, IRR
Interview Types
Technical Interview
A focused interview section testing financial modeling, valuation, and technical knowledge specific to investment banking.
Related Terms: Financial Modeling, Valuation Methods, Technical Questions
Behavioral Questions
Interview questions focusing on past experiences and situations to assess cultural fit and soft skills.
Related Terms: STAR Method, Situational Questions, Cultural Fit
Interview Process
Morgan Stanley Superday
The final round of interviews at Morgan Stanley, typically consisting of multiple back-to-back interviews.
Related Terms: Investment Banking Interviews, Bank-Specific Process, Final Round