Investment banking · M&A · capital markets
Deutsche Bank interview process
A recorded video interview with questions like 'What is a yield curve?' precedes an assessment center case study and a final MD interview.
- Rounds
- 2
- Video screen, Assessment centre
- Questions in the bank
- 10
- Graded, firm-specific
- Video screen
- Yes
- Recorded answers before a live round
Practice a real question
Answer one Deutsche Bank question
Graded by AI in about twenty seconds. No account needed for this one.
Deutsche Bank HireVue: why this bank and group
In a recorded HireVue, explain why Deutsche Bank and why the investment-banking group you selected. Build a concise answer that could not be reused for a generic bank.
Deutsche Bank's process typically uses a recorded HireVue before an assessment center or superday. Its investment-banking platform spans M&A, debt capital markets, and equity capital markets, with stated strengths in leveraged finance, restructuring, and FX and rates.
Enter an answer to submit.
How Deutsche Bank interviews
Deutsche Bank's Investment Bank advises on financing, M&A, fixed income, currencies, and equity capital markets, distinct from its Corporate Bank and Private Bank businesses. Graduate hires on the advisory track build financial models, valuation materials, and pitch content for live deals; markets-track hires instead rotate through trading and sales, so the day-to-day depends on which program you apply to.
The process is built to screen high application volume at scale: an online assessment and behavioral questionnaire, then a recorded video interview mixing motivation questions with light markets literacy, then an in-person or virtual assessment center. Selectors weight genuine, own-words answers over rehearsed responses, including composure through an unexpected question dropped into a technical round.
Step 1
Video screen
A recorded video interview, 3-8 pre-recorded questions, after an online ability test and behavioral questionnaire.
- Explain your fit with the bank, division, role, and financial services in your own words.
- Expect a light markets or technical question, such as 'What is a yield curve?'
- “What is a yield curve?”
- “Why did you choose Deutsche Bank?”
- “What is the most important metric on a company's balance sheet?”
Step 2
Assessment centre
An assessment center: an individual case study, an EMEA-only group exercise, and interviews up to a final MD.
- Prepare a case study with about 45 minutes to prep and a 15-minute presentation.
- EMEA candidates also complete a group exercise with four to six other candidates.
- Competency-based interviews with divisional colleagues lead into a final MD interview.
What Deutsche Bank tests
Share of the 10 Deutsche Bank questions in our bank by topic. Each topic links to a worked example.
- Three-statement links, DCF mechanics, and standard valuation multiples for advisory-track candidates.
- Basic markets literacy: yield curves and other fixed-income concepts, even in behavioral-heavy rounds.
- Genuine, current knowledge of a recent Deutsche Bank deal or business development.
- Composure through an unscripted situational question dropped into an otherwise technical round.
From the Deutsche Bank question bank
Real questions from the set. Open one to answer it with grading.
- Choose the Deutsche Bank work you want to pursueBehavioral questions|Advanced
- Rate shock on a floating-rate leveraged borrowerMental math and markets|Advanced
- Depreciation increase through the three statementsThree-statement questions|Basic
- Size acquisition debt under a leverage capPaper LBO|Advanced
- Recover from an unexpected behavioral questionBehavioral questions|Advanced
- Interest rates, bond prices, and refinancingMental math and markets|Advanced
- Prioritize rapid work across two senior requestsBehavioral questions|Advanced
- Explain a normal and inverted yield curveMental math and markets|Basic
How to stand out at Deutsche Bank
- Answer motivation questions in your own words; the official guidance flags scripted or AI-assisted answers as a problem, not a shortcut.
- Have a specific, current reason tied to Deutsche Bank's own business mix, not a generic bulge-bracket answer that could apply anywhere.
- Practice a light markets question like explaining a yield curve even for an advisory-track application; it still shows up in early screens.
- Prepare for a genuine curveball behavioral question mid-technical-round, and answer it directly instead of pivoting back to a rehearsed script.
Keep going
Free interview path
- Step 1Deutsche Bank HireVue: why this bank and groupBehavioral questions · Basic
- Step 23 mental math and markets questions
- Step 31 three-statement question
- Step 41 paper LBO question
Deutsche Bank pages
- Deutsche Bank interview questions
Ten worked questions and the full process
- Deutsche Bank HireVue questions
Practice the topics
- Behavioral questions
Worked example plus a graded set
- Mental math and markets
Worked example plus a graded set
- Three-statement questions
Worked example plus a graded set
Other investment banking firms
- Guggenheim Securities
Investment-banking and capital-markets advisory platform.
- Qatalyst Partners
Independent technology M&A specialist.
- Goldman Sachs
Global advisory and capital-markets platform.
- Morgan Stanley
Global franchise spanning advisory and financing.
The full set
Practice all 10 Deutsche Bank questions
Every question above, graded with feedback, inside the Deutsche Bank set.
Practice Deutsche Bank questionsFree, no card. 5 AI-graded reps a day for 3 days from your first rep.