How to Prepare for a FIG Investment Banking Interview

Financial Institutions Group interviews require standard investment banking preparation plus an understanding of how banks, insurers, asset managers, and other financial companies make money. This guide explains the technical concepts to prioritize, how to discuss industry developments, and how to demonstrate a credible interest in FIG.

Author: Michael Harris Updated 5 min read

Understand What FIG Covers

Financial Institutions Group, or FIG, advises companies that provide financial products and services. Coverage varies by bank, but common subsectors include commercial and investment banks, insurance companies, asset managers, specialty finance companies, financial technology businesses, and market infrastructure firms.

Start by researching the specific team interviewing you. A bank-focused group may expect knowledge of regulatory capital and credit quality, while an insurance-focused team may emphasize underwriting performance and reserves. Review the team’s website, recent transactions, and bankers’ backgrounds to identify its priorities.

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