Interview Calculators

Free investment banking interview calculators — run a paper LBO, discount a DCF, and test a deal's accretion / dilution. The exact math interviews test, computed live in your browser.

LBO Returns Calculator

Size a paper LBO and get MOIC and IRR from entry and exit assumptions.

DCF Calculator

Discount projected free cash flow and a terminal value to an enterprise value.

Accretion / Dilution Calculator

Test whether an acquisition raises or lowers the acquirer's pro-forma EPS.

Every calculator is free, needs no sign-up, and runs entirely in your browser. When you are ready to be tested on the concepts, start practicing interview questions.