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Nomura interview questions

27 questions researched across 1 Nomura seat in Wholesale. Below are 12 of them.

Seats we researched

  • Graduate AnalystWholesale · graduate · 30 min

12 Nomura interview questions

  1. Walk me through an accretion/dilution analysis.

  2. Tell me about a time you worked in an unfamiliar environment.

  3. Without pen and paper, what's 17 times 24?

  4. How do the three financial statements link together?

  5. Depreciation goes up by 10 and the tax rate is 25 percent. Walk me through each statement.

  6. A company's share price is 20, it has 100 million shares, 500 million of debt and 200 million of cash. What's its enterprise value?

  7. Why might two companies with identical EBITDA trade at different multiples?

  8. What are the main valuation methodologies, and when would you use each?

  9. How do you calculate WACC, and what are its components?

  10. What's the difference between cash flow and net income?

  11. Walk me through an LBO. What makes a good LBO candidate?

  12. What's happening in Japanese markets right now, and what's your view?

What a strong answer does

The questions above fall into 3 kinds. What a strong answer does differs by kind, not by question.

Technical10 of 12 above
State the intuition first; walk through the mechanics; make assumptions explicit; test a risk or edge case; connect the answer to the role.
Behavioral1 of 12 above
Lead with the claim and context; isolate your personal action and decision; explain the trade-off; quantify the result; finish with what you learned and changed.
Market1 of 12 above
State a view; support it with evidence and a catalyst; explain valuation or transmission; give the strongest countercase; name the risk that would change your mind.

15 more Nomura questions

The rest of the bank — 27 in total — is asked by the interviewer during practice, so you meet them the way you would on the day rather than reading them first.

Practise Nomura questions

How these questions were researched

Every question carries a provenance grade. Some were reported by candidates who sat the round, some come from the firm’s own published guidance or a source that trains for it, and the rest are written to match how this firm asks. Each seat is studied on its own — the round it actually runs, the order it runs it in, and what it is listening for. A Nomura round is not a generic behavioural screen, and practising one as the other is how people walk in unprepared.

Falas is not affiliated with or endorsed by any employer named. Simulations are independent practice based on publicly described recruiting formats.