How Alvarez & Marsal Interviews in 2026: Process, Sample Questions & What They Score

You apply online for a specific practice and office, and Extern says applications are reviewed on a rolling basis. TAG campus candidates apply to their top-choice city, and the TAG recruiting team reviews applications (official TAG page). The official PEPI campus page starts with on-campus events, info sessions and coffee chats in fall or spring. Road to Offer says screeners look for analytical signals and quantified impact. Timing varies by practice, office and campus cycle: Road to Offer gives full-time campus recruiting as September to November and summer internships as November to February, while Extern describes target-school recruiting starting around August with a general deadline around mid-November.

Road to Offer lists a numerical and verbal reasoning test of 25-40 minutes, used only in some offices and roles, and says it checks quantitative accuracy under time pressure. The duration comes from that coaching guide only; no A&M page confirms the test or its length.

office-dependent

Extern describes a call of about 30 minutes covering your resume, why A&M, why this practice area, and basic fit. Road to Offer says campus recruiting skips this step (case interview guide) or sometimes skips it (consulting guide), so it may not apply if you are recruited through campus.

campus candidates may skip

Road to Offer reports 1-2 interviews of 30-60 minutes and Extern reports 2-3 interviews of 45-60 minutes, the latter mostly with consultants or managers. The focus is fit, communication, motivation and ownership stories. Extern says each session also includes one candidate-led case, while Road to Offer says only a short case discussion may come up. TAG campus candidates get an initial virtual interview, and the official PEPI campus page says there are two interview rounds, on campus or virtual, without giving durations. A 2022 report from A&M Germany said HR told the candidate the first interview would be mostly behavioral, with questions on theoretical principles or terms and no case. A 2025 Kuala Lumpur post mentions a video interview but does not say which round it was.

Extern says Restructuring and PEPI roles often add a financial modeling test, gives a 13-week cash flow model completed remotely before the Super Day as its example, and says some roles include a take-home modeling exercise before live interviews. Road to Offer instead calls it a timed spreadsheet exercise that may be part of the second round, mainly for Corporate Finance and Restructuring roles in some offices. No source gives a duration, and the format and position in the process vary by practice, office and role, so confirm with your recruiter.

practice-dependent

Reported only in a few forum threads, and not as a firm statement. In 2018 a candidate for the corporate performance improvement team asked how to prepare for a written case presentation, with two days to prepare. In 2020 one Dubai coach (Luca) described a practical case: candidates gather information by interviewing people between case rounds, then present findings in a PowerPoint deck. In the same threads another coach said the case is sent in advance, to prepare and present with an interviewer-led discussion, and a former consultant said A&M usually provides a written case. Another coach said candidate-led cases are the usual model. The format varies by office, team and level, and the duration is not stated.

office-dependent

Extern describes 2-6 interviews of 45-60 minutes with senior managers, directors or partners, assessing case performance and executive presence. Road to Offer says the number of interviews, format and timing of later rounds vary by office and role and can mix case, behavioral and modeling parts. TAG invites selected candidates to final in-person interviews, and the official PEPI page counts two interview rounds in total. Dubai accounts from 2020 conflict and cover the whole process, not just the last round: one coach expected 4-5 interviews in total, rising from Senior Associate through Manager and Director to Managing Director, with the final MD interview possibly fit-only, while another described four case interviews with consultants, three with directors, and a practical case.

Road to Offer lists a half-day Round 3 or Super Day in select offices, with senior partner interviews on commercial judgment, cultural fit and leadership potential, sometimes with a networking lunch or dinner. This appears to be the same final step described above rather than an additional stage, and it applies only to some offices.

office-dependent

Road to Offer says offers typically arrive within 1-2 weeks of the final round and that the whole process averages about one month, attributing the one-month figure to A&M's careers page, which could not be checked. Extern cites about 38 days from application to offer, based on Glassdoor data. Extern's FAQ says the process involves two to three rounds, counting the recruiter phone screen; Road to Offer says round count varies by office and role. The official PEPI campus page lists an offer step after the two interview rounds.