Internia

TD Securities Interview Experiences

Investment Banking Analyst

Summer 2025

Accepted

Wilfrid Laurier University · Business Administration

3rd year · 3.7+ · 2 past internships

Multiple roundsBehavioralTechnicalStressfulFast process

Group case was 4 of us in a breakout room with about 30 minutes to solve some government consulting scenario about budget allocation or something. One guy immediately tried to take over and wouldn't let anyone else talk which made it really awkward. Pretty sure the observers noticed but who knows. The one on one interviews before that were normal behavioral stuff.

Sales & Trading Analyst

Fall 2025

No Offer

University of Waterloo · Mathematical Finance

3rd year · 3.3-3.6 · 1 past internship

TechnicalDifficultVirtual

Fumbled a yield curve question pretty bad. Started with a recruiter phone call, then a zoom with a rates trader who asked me to price a bond after a rate move and pitch a macro trade.

Investment Banking Analyst

Winter 2026

No Offer

University of Toronto · Rotman Commerce

3rd year · 3.3-3.6 · 1 past internship

Multiple roundsTechnicalBehavioralStressful

VP asked about an energy deal I didn't know and that pretty much killed it. Two rounds then a superday, DCF and three statements stuff.

Investment Banking Analyst

Summer 2026

Accepted

Queen's University · Commerce

4th year · 3.7+ · 3 past internships

Multiple roundsTechnicalFast processIn-Person

Networked with two analysts at the school info session, definitely helped. First round was fairly standard fit and basics, why IB, why choose TD over the US banks, explain a DCF. Final panel with an MD and two directors was intense but I'd prepped the accounting stuff cold. One of them went into how rising rates affect an LBO model and I had a solid answer. Whole process was under three weeks.

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