Type · Firm Knowledge

Enterprise · IB Analyst Interview Guide
Sign up to see ATSHow to Pass the LSEG IB Analyst Interview in 2026
The LSEG DNA (TL;DR)
The LSEG Interview Loop
Your onsite loop will typically consist of 5 rounds.
- 1
Round 1
Recruiter ScreenMotivation, fit, GPA, deal interest. - 2
Round 2
Technical ScreenAccounting, valuation (DCF, comps, precedent transactions), enterprise vs equity value. - 3
Round 3
Market KnowledgeRecent deals, market events, sector outlook, why this firm. - 4
Round 4
SuperdayMultiple back-to-back interviews with MDs/VPs covering technical + behavioral + fit. - 5
Round 5
Behavioral / LeadershipPast evidence of ownership, influence, resolving conflict.
The Danger Zone: Top Reasons Candidates Fail
Based on our database of LSEG interview outcomes, avoid these common traps:
- Failing to adjust for differences in size, growth, or profitability between the target and comparable companies.
- Not clearly articulating the problem or the initiative taken.
- Blaming the other person entirely without self-reflection.
- Focusing solely on compensation or prestige without demonstrating genuine interest in the work.
Test Yourself: Real LSEG Questions
Three real prompts pulled from our database.
Type · Leadership/Influence
Type · Technical/Valuation
+ many more questions, signals, and worked examples
Sign up to unlock the JobMentis grading rubric
LSEG Interview Question Bank
A sample from our database, grouped by round. Sign up to see the full set.
9 of 18 questions shown
Recruiter Screen
1- 1
Type · Motivation
Why are you interested in investment banking, and specifically at LSEG?
Technical Screen
3- 2
Type · Valuation
Walk me through a DCF analysis. What are the key drivers, and how do you determine the discount rate? - 3
Type · Valuation
How would you value a company using comparable company analysis (comps)? What are the key multiples, and what adjustments might you make? - + 1 more questions in this round (sign up to unlock)
Market Knowledge
3- 4
Type · Market Trends
What are some of the key trends impacting the financial data and analytics sector, particularly relevant to LSEG's business? - 5
Type · Deal Knowledge
Can you discuss a recent M&A transaction in the financial services or data space that you found interesting? What were the key strategic rationales? - + 1 more questions in this round (sign up to unlock)
Superday
3- 6
Type · Technical/Valuation
If a company's stock price is declining, but its P/E multiple is increasing, what could be happening? - 7
Type · Technical/Accounting
What happens on the cash flow statement if inventory increases by $10 million? - + 1 more questions in this round (sign up to unlock)
Behavioral / Leadership
8- 8
Type · Conflict Resolution
Tell me about a time you had a significant disagreement with a cross-functional team member (e.g., engineering, sales, legal) about a product decision. How did you approach it, and what was the outcome? - 9
Type · Behavioral
Tell me about a time you had to work with a difficult stakeholder or team member. How did you approach the situation and what was the outcome? - + 6 more questions in this round (sign up to unlock)
Unlock the full LSEG question bank
Free signup, no credit card. You get every question + the framework, grading signals, and worked answer for each.
Interview tracks at LSEG
How LSEG's DNA translates across functions. Pick your role.
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Practice LSEG interviews end-to-end
LSEG Mock Interview
Run a live mock interview with our AI interviewer using LSEG-style prompts. Get scored on structure, signal, and answer length - exactly how the real loop grades you.
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STAR Stories for LSEG Behavioral Rounds
Build a Story Bank of your past wins, mapped to the leadership signals LSEG interviewers grade on. Reuse them across every behavioral round.
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LSEG Interview Prep Hub
The frameworks behind every LSEG round: CIRCLES for product sense, hypothesis-driven debugging for analytical, STAR for behavioral. Learn each one in 10 minutes.
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Interview Frameworks
CIRCLES, STAR, AARRR, RICE, MECE. The exact frameworks that make LSEG interviewers nod instead of frown. Step-by-step playbooks with the moves and the pitfalls.
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