Barclays Interview Questions: Process and Practice
Barclays investment banking interview questions: the published competency framework, HireVue-to-superday process, and practice questions drawn from the live bank.
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Barclays investment banking interviews are scored against a published competency framework, and the firm tells you before your interview which three to five of its five competencies you will be assessed on: that part is official, straight from Barclays' own framework document. The early-careers process is also published in three steps: an application, two short interactive assessments, and an assessment centre with two or three stages including a motivational interview with a member of the leadership team. What Barclays does not publish are the prompts, the video platform branding, or the round-by-round timing, so the HireVue-to-superday detail below is candidate-reported and labelled that way. Prepare technicals at real depth: reported accounts describe a live paper LBO, DCF assumptions defended under pushback, and merger-model mechanics that run harder than the bulge-bracket average.
TL;DR
- Barclays publishes a five-competency Selection and Assessment Framework: leadership skills, business skills, interpersonal skills, control environment, and technical skills. The framework document states you are assessed on three to five of them and told which before your interview (official, checked September 2026).
- The official early-careers process has three steps: application, two short interactive initial assessments, then an assessment centre of two or three stages including a motivational interview with a member of the leadership team.
- Reported accounts name the video round as HireVue, put the full process at roughly three to five weeks, and describe a final stage of four to five interviews mixing individual conversations with group exercises.
- Reported technicals run unusually rigorous for a bulge bracket: a live paper LBO, DCF defended under pushback, and merger-model mechanics in detail.
- Third-party AI tools are banned in Barclays interviews; using one stops the interview and withdraws the application (official).
- Six try-first questions below cover LBO, DCF, M&A, control environment, group work, and motivation.
What does Barclays publish about its process?
The firm's internship and graduate application page describes three steps. You submit an application on the careers site. You then complete two short interactive assessments that measure how you might perform in the workplace and your typical ways of working; more technical programmes add a technical-skills assessment. If successful, you attend an assessment centre, in person or virtually, involving two or three stages and including a motivational interview with a member of the leadership team. Most assessments sit on a digital experience platform that carries practice tests and firm information.
| Stage (official) | Format | What Barclays says it evaluates |
|---|---|---|
| Application | Careers-site form | Alignment with Barclays' values and ways of working; the firm advises tailoring your CV to the role's keywords |
| Initial assessments | Two short interactive assessments on any device | How you might perform in the workplace and your preferred ways of working; technical programmes add a skills assessment |
| Assessment centre | In person or virtual, two or three stages | The strengths, behaviours, and technical skills the role requires, including a motivational interview with leadership |
The competency framework is the second official document that matters. It names five competencies: leadership skills, business skills (analytical reasoning, judgement, and commercial decision making), interpersonal skills (communication, influence, collaboration, and conflict resolution), control environment (identifying and monitoring risk, escalation, and policy adherence), and technical skills specific to the role. The document states you will be assessed against three to five of them and told which before the interview, so treat the competencies named in your invitation as a checklist and prepare one concrete story per competency.
| Published by Barclays | Not published by Barclays |
|---|---|
| The three-step early-careers process | Interview prompts, timing, or scoring rules |
| The five named competencies and the advance notice | The video platform branding (reported as HireVue) |
| The assessment centre structure and motivational interview | Round counts, interviewer seniority, and group exercise format |
| A ban on third-party AI tools in interviews | Timeline length (reported at roughly three to five weeks) |
The firm's hints and tips page adds three official prep notes. Research the company, the business area, and the specific role before the interview, and organise mock interviews with family or friends to build confidence on unexpected questions. Answer honestly: Barclays states that performance across all exercises is taken into account, so one weak exercise does not sink the process. If you need adjustments such as extra time or offline assessments, disclose them in your application; the firm says the information stays confidential and is used only to support you. One hard rule sits on both official pages: third-party AI tools, including transcription bots and meeting assistants, are not permitted in interviews, and using one stops the interview and withdraws the application.
Candidate-reported accounts fill in what the official pages leave open: a HireVue-style recorded video round opens the process (the Barclays HireVue guide covers the reported format), the sequence runs about three to five weeks, and the final stage typically means four to five interviews with group exercises alongside one-on-one conversations. Treat those details as reported, not official, and confirm specifics in your own invitation. The Barclays firm guide keeps the process summary current, the assessment centre guide covers that format, and the superday guide covers the final day.
Which Barclays business areas should you understand?
Barclays' graduate page splits the Investment Bank into two business units. Coverage and M&A holds the sector teams: Consumer Retail, Energy Transition, FIG, Healthcare, Industrials, Infrastructure, Real Estate, TMT, UK Advisory, and the Financial Sponsors Group, which the page describes as one of the leading private equity coverage groups globally, originating and executing M&A, leveraged finance, and ECM transactions for sponsor portfolio companies. Capital Markets holds the financing teams: DCM, ECM, Syndicate, the Risk Solutions Group, and Leveraged Finance, which originates, structures, and executes leveraged loans, high-yield bonds, and other debt financing for corporate and private equity clients across LBOs, refinancings, and dividend recapitalizations.
The graduate page also describes the two-year Investment Banking Expert Programme: analysts join a team focused on a key industry, product, or region after initial training, then work on live deals and deal proposals. Work the firm lists for junior bankers includes calculating the financial impact of an acquisition, sale, or disposal, modelling how a deal would affect a client's performance, and advising on how to finance a transaction.
Two practical implications. First, "why Barclays" has concrete raw material: the leveraged finance and sponsors franchises are named on the firm's own site, so tie your interest to debt-heavy deal work only if you can back it. The leveraged finance guide and the debt capital markets primer cover what those desks actually do. Second, because the Expert Programme puts analysts on live deals from day one, the interview can test working technicals rather than textbook recall. Build the base with the technical interview questions bank.
What Barclays-style questions should you practice?
These are original IB Offer exercises, not leaked or verbatim Barclays prompts. Write your attempt in each card; the model answer and AI grading unlock with a free account.
Paper LBO and leveraged finance
A live paper LBO is the reported signature technical, and it fits the franchise: leveraged finance and sponsors coverage sit at the centre of the platform.
LBO · try it first
A sponsor buys a company for 800 million at 8.0x EBITDA, funding it with 500 million of debt. Over five years EBITDA grows to 130 million and debt falls to 250 million. Exit at the same 8.0x multiple. What is the MOIC, and roughly what IRR does it imply?
Rehearse the full mechanics with how to solve a paper LBO, then grade a rep on the LBO practice page.
DCF under pushback
Reported accounts describe interviewers challenging assumptions rather than accepting a walkthrough, so practise defending the model, not just building it.
DCF · try it first
An interviewer notes your terminal value is 80 percent of enterprise value and calls the model unreliable. How do you respond?
The DCF interview questions guide builds the sensitivity habit, and the DCF practice page grades a rep.
M&A and merger mechanics
Merger-model questions at Barclays reportedly go past "accretive or dilutive" into the mechanics underneath: purchase price allocation, financing mix, and why the EPS answer can differ from the value answer.
M&A · try it first
An acquirer trading at 10x earnings buys a target at 15x earnings in an all-stock deal with no synergies. Accretive or dilutive, and what would change the answer?
Follow the full mechanics in the merger model guide before the interview.
Control environment
Barclays is unusual in naming risk and control as its own scored competency, so expect a scenario question most banks never ask. The published framework describes it as proactively identifying and monitoring risk, taking accountability for mitigation, understanding escalation, and adhering to policies and procedures. Prepare one story where you spotted a problem and raised it, not one where you quietly absorbed it.
Behavioral · try it first
You find a material error in a client deck the night before a meeting. Walk through what you do.
Group exercises and collaboration
The assessment centre and the reported superday both observe collaborative behaviour directly, so "works well in teams" claims mean nothing without live evidence. The behaviours that score are unglamorous: structuring the decision, crediting and extending other people's points, and moving the group to a commitment before time runs out.
Behavioral · try it first
In a group exercise, two candidates push competing recommendations and ten minutes remain. What do you do?
The group exercise guide covers the observed behaviours in detail.
Motivation and competency mapping
Because the firm tells you which competencies an interview scores, motivation answers can be engineered: map each story to the named competency before you walk in.
Behavioral · try it first
Your invitation says the interview scores leadership and business skills. Build a 60-second 'why Barclays' answer that hits both.
Drill sets: paper LBO and DCF reps
One free rep each, matched to the domains above. Finish a rep and the prompt to keep practicing appears.
Practice inside this guide
Paper LBO practice
Question 1 of 1
Walk through a paper LBO: entry at 8x EBITDA of 50, 4x leverage, and exit at the same multiple after five years.
Practice inside this guide
DCF interview practice
Question 1 of 1
Why does a DCF discount unlevered free cash flow at WACC rather than at the cost of equity?
How do you answer "why Barclays"?
Use one business reason, one verified proof point, and one personal connection, with two Barclays-specific twists. First, the published platform gives you real material: leveraged finance, sponsors coverage, and the named sector teams are on the firm's own site, so cite the business you actually want. Second, the published competency framework lets you show preparation most candidates skip: saying you mapped your stories to the named competencies is itself evidence of business-skills judgement. The full method is in how to answer why this bank.
A practical worksheet has four lines:
- The Barclays team or business that interests me is...
- I verified that interest through...
- My evidence for the scored competencies is...
- The contribution I want to make is...
Run the swap test: replace Barclays with another bulge bracket and see if the answer still works. If it does, research further. Do not invent rankings, deal roles, or culture claims the firm does not publish.
Frequently Asked Questions
Does Barclays publish its interview questions?
No. Barclays publishes the process steps, the five-competency framework, and interview preparation advice, but not the prompts themselves. The exercises in this guide are original practice modeled on the published framework and reported patterns.
What are the five Barclays competencies?
Leadership skills, business skills, interpersonal skills, control environment, and technical skills, per the published BA1-BA4 Selection and Assessment Framework. The document states you are assessed on three to five of them and told which before your interview.
Does Barclays use HireVue?
The official application page describes two short interactive initial assessments without naming the platform. Candidate-reported accounts widely describe the video round as HireVue; treat the branding and format details as reported, and confirm what your own invitation actually says.
Can I use AI tools during a Barclays interview?
No. The official application page bans third-party AI tools, including transcription bots and meeting assistants, and states that using one ends the interview, withdraws the application, and may affect eligibility for future roles.
How long does the Barclays process take?
Reported accounts put it at roughly three to five weeks from the video round to the final stage. Barclays does not publish a timeline, so your invitation and recruiter are authoritative for your process.
What does the Barclays assessment centre involve?
Per the official page, it runs in person or virtually over two or three stages, including a motivational interview with a member of the leadership team, and assesses the strengths, behaviours, and technical skills the role requires. The specific exercise list inside those stages is not published.
Are the group exercises actually scored?
The official page confirms the assessment centre runs two or three stages evaluating the strengths and behaviours the role needs, and reported accounts describe group exercises inside it. Treat collaborative performance as genuinely assessed and rehearse it deliberately.
Sources
- Barclays Internship and Graduate Application Process (official, checked September 2026)
- Barclays Interview Hints and Tips (official, checked September 2026)
- Barclays Graduate Programmes: Investment Banking (official, checked September 2026)
- Barclays Competency Framework BA1-BA4 (official, checked September 2026)
- Barclays Careers (official, checked September 2026)
- Superday AI Barclays Interview Guide (third-party reported, checked September 2026)
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- Step 1Why Barclays?Behavioral questions · Basic
- Step 22 paper LBO questions
- Step 32 mental math and markets questions
- Step 41 DCF question
+4 more questions in the Barclays bank after these steps.
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