Indian Institute of Management (IIM), Lucknow Placement Interview Questions

• Q1. Could you tell us something about yourself?
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• Q2. What are the subjects that you have studied in trimester 1?
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• Q3. What was your most favorite and least favorite subject? Why do you feel so?
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• Q4. How has your experience been at IIM Lucknow? What do you feel about virtual setup?
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• Q5. What drives you as a professional?
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• Q6. Any questions for us?
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• Q7. Tell us more about the work that you did at KPMG.
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• Q8. Tell us about the most influential deal you worked upon there, what was your role and responsibility? What are your expectations from the internship and what do...read more
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Your client wants to perform a corporate restructuring and operates in the automotive sector, how do you go about it? Focus more on valuation aspects.

(was a long interview of around 55 mins)
[Please note that I stands for Interviewer and C stands for Candidate]

C: Clarified about what he exactly meant by corporate restructuring, what was the type of restructuring, what were the types of transactions involved, what part of the value chain was the client operating in, why did the client want to restructure (these were some of the preliminary questions asked one by one).

I: The client was operating in auto-component manufacturing, the deal involved two transactions related to a de-merger and a merger (also discussed the potential reasons which could be there behind a restructuring).

C: Structured my approach in three parts starting from the preliminary company & industry analysis and benchmarking to business valuations to swap valuation & implementing the deal (information about financial metrics, financial statements, valuation model to choose from, swap ratio target, etc. were provided).

(While solving the case, also had a discussion side by side on every technical aspect, was asked about the types of techniques to value a business, discussed in detail about DCF analysis, swap ratio valuation, etc. and general awareness about auto-component
sector.)

I: (after the case) what are the different types of charging depreciation?

C: told (was grilled on the units of production method in detail) (then there was another small case on financial linkages connecting all three financial statements in which some transactions were given, and I had to prepare the three statements intertemporally.)

I: What is bottom-up beta? How do we calculate bottom-up beta for a monopoly firm having no comparable?

C: Talked about the historical trend method, future projection method, and business fundamentals method.

I: What is NPV, IRR, XIRR, MIRR? Could you give me the excel syntax?

C: Provided a detailed explanation of each.