Piper Sandler·Investment Banking Analyst

Piper Sandler Investment Banking Analyst interview experience

Got offer

Medium

Positive

United StatesPosted Nov 2025 · Candidate report, summarized by Dataford

After an initial set-up round, I ended up in a fairly structured sequence that mixed technical and behavioral evaluation right from the start.

The first round included two people and ran as a 1:1 format with a blend of both types of questions.

When I reached the superday, it moved into a longer day format: interviews with multiple team members, including associate-to-MD conversations. The style stayed consistent—behavioral prompts and technical topics ran together, and there were lots of follow-ups tied to what I’d already answered. I remember preparing for valuation-style thinking, and I got questions that reflected that mix rather than anything completely unrelated.

Overall, the difficulty felt average and the flow felt

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