Kira video first, 3 questions with barely any prep time and you only get one shot. Then in person with one of the interviewers, EV vs equity value and Sharpe ratio came up. Third round was with the team, more cultural fit but they also threw in a brain teaser at the end. Process took over a month, super frustrating because I had other deadlines.
TD Securities
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.
Citi
Investment Banking Analyst
Summer 2025
No Offer
University of Toronto · Rotman Commerce
4th year · 3.3-3.6 · 2 past internships
Case studyMultiple roundsBehavioralTechnical
Q&A destroyed me. Assessment centre had light technical on EV and EBITDA, then a case study.
PwC
Deals/Transaction Services Analyst
Summer 2024
No Offer
University of Toronto · Rotman Commerce
2nd year · 2.5-2.8 · 0 past internships
VirtualFast process
Gave me an Excel based case study with financial statements and had to do some data analysis. The behavioral round was all STAR format, had to talk about a time I dealt with a difficult team situation and why I wanted to go into deals advisory. Prep your deal experience stories and know basic accounting and you'll be fine.
CRA
Financial Analyst
Summer 2025
Accepted
University of Toronto · Rotman Commerce
3rd year · 3.3-3.6 · 2 past internships
BehavioralSlow processVirtual
Aapplied in October heard back in February for a summer position. 30 min interview with two CRA employees, behavioral stuff about teamwork and dealing with difficult clients and strengths then they also had a written exercise at the end where you respond to a scenario..