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      Source Capital Group

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      Entretiens chez Source Capital GroupEntretiens d’embauche pour Healthcare Investment Banking(Junior Analyst) chez Source Capital GroupEntretien chez Source Capital Group


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      Entretien pour Healthcare Investment Banking(Junior Analyst)

      15 nov. 2019
      Candidat à l'entretien anonyme
      Westport, CT
      Offre refusée
      Expérience neutre
      Entretien difficile

      Candidature

      J'ai postulé en ligne. Le processus a pris 3 semaines. J'ai passé un entretien chez Source Capital Group (Westport, CT) en oct. 2019

      Entretien

      This is this trimmed down version as my original version exceeded 5,000 words. Disclaimer: although I haven’t gotten a formal offer... I’m fairly confident I’ll be getting one, as after I expressed my surprise at how unique this interview process was and that i was considering writing something on glassdoor, he responded with “make sure it’s accurate- and be transparent” Some advice I can give you is take initiative. Offer to meet or interview with him in ways that fit his calendar. In his own words he’s “very difficult to to get in touch with (him).” Whether or not this is done by design, idk- but it appears as if the more he becomes interested in you as a candidate, the easier it is to get in touch with him. Anyway i received an email that was definitely sent to a lot of people via BCC, basically outlining the interview process which is: - intro call - 3 part question and answer interview - case study - in-person meeting with interviewer and team Note, i did the interview and call at the same time. Although the interview is SO hard (described below), this goes back to the initiative component. You still need to have a strong understanding of quantitative analysis and valuation, but (the third part especially) is more of a situational and the answers are more like “what would you do in this situation and why” The case study for me was a public company who has an asset related to CAR-T therapy (i dont want to explain too much and ruin my chances of being selected) Then you’re given an extensive list questionnaire that asks about the therapy itself and some qualitative business-related questions. Then you are given a ‘quantbook’ template that has boiler plates for DCF, comparable companies, key ratios and potential structures and dilution metrics After filling all of that out, you then need to put together a writeup that has different sections to expand upon.. it’s very detailed

      Questions d'entretien [6]

      Question 1

      What’s a 505b2 protocol
      1 réponse

      Question 2

      He doesn’t ask verbatim but basically get asked to walk through a DCF
      Répondre à cette question

      Question 3

      (Again not the exact question because i’m going from memory but...) What type of therapy is being described: It works by extracting T-Cells, genetically engineering them to target a tumor, then re-administering them into your body
      1 réponse

      Question 4

      With the exception of Kite (Kite’s drug was part of my case study) who else is approved to administer CARs
      1 réponse

      Question 5

      Besides the obvious benefit of improving the safety profile and subjecting the patient to harmful side effects, what is a significant benefit for taking a *prophylactic* (KNOW WHAT THIS WORD MEANS) that prevents toxicity as a result of CAR-T therapy
      1 réponse

      Question 6

      Explain why, all things being equal, the statement “debt is cheaper than equity” is true
      1 réponse