Technical interview, must very good with accounting and finance terms. Know valuation in depth and be ready to be put on the spot. Overall, you must know terminology. A lot of what if questions. You must also analyze financial statements.

firstly ask me some basic background question. they are satisfied. I told them that I am a fundamental investor and I know the B/S and I/S and CF, but I would probe into the fundamental of the business . the Financial is the result, you need to project the future. they said OK, but they just do the outsourcing work for the other investment firm. the second round is interesting, I have been given some easy questions like one company has the EBITDA like this and the market value of stock and things, and ask me whether one acquisition is diluted or not. in my previous experience in M&A we will use FCFE and FCFF as the benchmark, and usually diluted or not we will use the P/E not EV/EBITDA, and plus, cash and equivalent is not there , so the decision will be a mass without critical thinking and questions asked. but of course they donot listen, it seems weird to me , as who will pay for the conclusion from canalyst. so I dig a little bit about the company. never mind now. it doesn't matter.