Same fundamentals. Different process.
The technical foundation is the same everywhere: three statements, a DCF, comps, an LBO. What actually differs by firm is the process itself, how technical-heavy versus behavioral-heavy it runs, and whether there's a curveball format waiting past the standard questions. Each guide below covers one firm's real, reported superday, plus a practice round filtered to what that firm's interviews are known to lean on.
Sourced from aggregated, self-reported candidate accounts, not anything the firms publish officially. Treat specifics as directional; formats shift year to year and can vary by group even within the same firm.
Goldman Sachs
A HireVue first round that's almost entirely behavioral, with technical depth that varies a lot by group.
JPMorgan
Two behavioral-heavy interviews with a distinctive theme running through both: risk and controls.
Morgan Stanley
The most structurally distinct superday of the bulge brackets: one-on-ones, a group exercise, and a stock pitch.
Bank of America
A HireVue then a multi-round superday that leans genuinely technical, with real market awareness expected on top.
Evercore
Technical from the first phone call, an earlier and heavier bar than the bulge brackets tend to set.
Lazard
A first round reported as DCF-dominant, especially in healthcare coverage, before an online superday.
For the core technical rotation itself, not the firm-by-firm format differences, see the concept guides: DCF, WACC, LBO, enterprise value, and the rest.