How to Handle Interview Questions for Investment Banking
- 1). Go deeper in your answers to technical questions. Other than telling the interviewer how to calculate a particular figure, give an example of when that particular calculation might be the best to use when analyzing in which companies you should invest.
- 2). Read business and finance publications such as the "Wall Street Journal" and the "Financial Times." Explore blogs on these publications' websites, too. When you face a question where you have to provide an example or where an example would be appropriate, your readings will provide information to help you attach a relevant example to your answer.
- 3). Talk about the why's of your resume. Rather than simply list everything that you accomplished and the financial clubs you were part of in college, discuss why you chose particular internships or what you learned as an officer in the clubs. The interviewers can read your resume, but only you can tell them more information about yourself as it relates to the position. Discuss skills you gained in various jobs and how they relate to the position for which you are applying.
- 4). Prepare answers to technical questions in accounting, modeling, valuation and brain teasers. These areas are ones investment banking interviewers typically like to cover to see if you know what you're talking about. You will be asked to analyze different investment situations in these areas. Brain teasers make you think and see how you respond to difficult questions under pressure.
- 5). Prepare to repeat yourself a few times as investment banking interviews may last from a half day to a full day. You will answer questions about yourself and your interest in investment banking more than once if you interview with a number of different people at different levels within the company. Remain calm and smile if you find yourself frustrated at the long day and repetitious nature of the interview.
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