I applied online. I interviewed at Houlihan Lokey (London, England) in Jan 2024
Interview
Online Application -> Video Interview -> In person Assessment Centre consisting of 3 rounds with people eliminated throughout the day. First Round - Associates 2nd Round - Associates Final Round - VPs/MDs
Interview questions [1]
Question 1
Term Loan v RCF? Different types of restructuring options? Causes of distress? Why may two pari tranches of debt trade at different market prices? How does optionality differ across different parts of the capital structure? PIK interest pros/cons? Why restructuring? Why not Buyside?
I applied online. The process took 2 months. I interviewed at Houlihan Lokey
Interview
Interviewing with Houlihan Lokey was a great experience. Questions were hard but could be answered smoothly. The interviewer kindly responded to my answers. It was about 40 minutess long. There was only one interviewer.
Interview questions [1]
Question 1
What is your understanding of financial restructuring
direct to superday because of early program, three 30 minutes back to back interview with team members
mostly bahaviors, only one to two questions about technicals, more like a vibe fit check