Monday, June 7, 2010

Preparing for Popular IB Interview Questions

Are you preparing for an investment banking interview? Here are a couple of useful tools for you.

First, view this
Goldman Sachs interview skills video which provides valuable tips and hints.

Next, browse this list of
questions from Morgan Stanley and prepare your answers.

The questions you are being asked all depend on the interviewer. However some questions do come up more frequently than others. Here are the most popular questions which do worth your time preparing for. I have included some guidelines while preparing your answers.

Describe any of your personal achievements/extra curricular activities you are particularly proud of and why.
Your answer should include a situation where you demonstrated Leadership

Why did you choose to interview with us (Citi e.g.)?
Make sure you know the company and the position. Describe your motivation for wishing to work for Citi; the actions you have taken to learn about Citi and what key skills you possess that would make you a suitable candidate for the business area you have chosen. Make sure to have Clear Evidence of Motivation in your answer.

NOTE: Refer to my last post of May 14, 2010 - Bonus: The #1 Must Have

Describe a time when you have successfully solved a challenging problem or overcome a difficult situation.
Your answer should include a situation where you demonstrated Problem Solving Skills preferably with Commercial Judgement.

Describe a time when you have presented a persuasive argument to a group of people which resulted in a mutual outcome.
Your answer should demonstrate your skills of Influence & Persuasion. Make sure your situation ended up win-win.

Investment Banking Interview