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Houlihan Lokey interview questions

From 2 candidate accounts, updated Oct 12, 2026

Candidate accounts
2
Rounds on average
3
Fewest and most rounds
2 to 4
Open roles at Houlihan Lokey
94

How the loop works

This guide draws on 2 first-hand interview accounts from Wall Street Oasis. Candidates describe about 3 rounds on average, most often a final round or superday, a phone screen and a take-home task.

These 2 writeups cover finance roles. All of them were posted under a forum handle, so we could not verify the authors’ identities.

See open roles at Houlihan Lokey

Interview experiences at Houlihan Lokey

Healthcare Summer Associate

Outcome not shared

Internship. 4 rounds. Shared by WallStreetOasis.com on wso, 2021-03-21

  1. 1Phone interviewsPhone screenFour calls over five days.
  2. 2Modeling exerciseTake-homeThree-hour emailed modeling task.Covered: Excel modeling
  3. 3SuperdayFinalSix interviews including a video call with another office.Covered: Technical, Commitment
  4. 4Written and Excel testsTechnicalHour-long written exam and a watched ten-minute formatting exercise.Covered: Written exam, Excel formatting

Summer Analyst

Outcome not shared

Internship, Washington, DC. 2 rounds. Shared by WallStreetOasis.com on wso, 2021-08-14

  1. 1First roundBehavioralMostly behavioral one-on-one through campus recruiting.Covered: Why Houlihan, DCF
  2. 2SuperdayFinalFive one-on-ones, mostly fit.Covered: Fit, Summer experience, Depreciation impact

What Houlihan Lokey is hiring for now

94 open roles in our index. Advertised pay floors run $110k to $175k (median $150k, from 56 postings that state pay).

Most-posted roles

  • Investment Banking Associate | Industrials3
  • Investment Banking Associate | Business Services2
  • Investment Banking Senior Analyst | Consumer2
  • Investment Banking Vice President | Industrials2
  • Associate, Debt Capital Solutions (Debt Advisory) – Corporates1
  • Associate, Portfolio Valuation and Fund Advisory Services – Multiple Locations1

Top locations

  • London14
  • New York City13
  • Los Angeles7
  • Chicago6
  • Houston5

Houlihan Lokey interviews: FAQ

What is the interview process like at Houlihan Lokey?
This guide draws on 2 first-hand interview accounts from Wall Street Oasis. Candidates describe about 3 rounds on average, most often a final round or superday, a phone screen and a take-home task.
What topics does Houlihan Lokey test in interviews?
Commonly reported topics include Excel modeling, Technical, Commitment, Written exam, Excel formatting, Why Houlihan.

These guides summarize public, first-hand interview experiences shared by candidates. They describe the shape of each loop and the topics that came up, not a leaked question bank, and every experience links back to its original source. Processes change often. Treat this as directional prep, not a script.