Although some candidates may be interested in private equity, it’s important to speak to your interest in investment banking. The focus should be talking about all the advantages of investment banking, rather than talking about the disadvantages of private equity. For example, maybe you enjoy the client presentation aspect of investment banking, which requires you to understand what the client wants and how the deliverable should be framed to maximize value. The teams are generally much bigger and more collegial than in private equity teams, which are usually quite smaller and have less junior employees. The ability to learn quickly from a high volume of transactions is another benefit.