3. WallStreetOasis Behavioural Guide - BehavioralQuestions...

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Behavioral QuestionsPreparation for Finance Interviews2009 Edition Copyright 2009 by WallStreetOasis.com. All rights reserved. All information in this guide is subject to change without notice. WallStreetOasis.com makes no claims as to the accuracy and reliability of this guide and the information contained within. No part of this guide may be reproduced or transmitted in any form or by any means, electronic or mechanical, for any purpose, without the express written permission of WallStreetOasis.com
Table of Contents2 Introduction The one question you will get in your interview Industry About You Situational Tricky Other 3-5 6 7-14 15-27 28-36 37-39 40-42
3 Behavioral Questions (General Interview Tips)Most candidates approaching finance interviews stress over the technical questions. However, answering a behavioral question in a “less than desirable way” or fumbling around without a legitimate answer can do even more damage than missing a technical question. Analysts will spend 80+ hours per week with their co-workers, so proving you are someone they will enjoy being around is more important than proving you know how to work your way through a discounted cash flow model. That does notmean we suggest you should not thoroughly prepare for the technical aspect of the interview as well. Once you get the job, your firm will put you through a rigorous training session. Your company will assume you have little prior financial knowledge so they are not looking for the next finance wizard or CFO --they are looking for someone they will be comfortable working with for the next two years and will be able to handle the demands of the job. First impressions are crucial so as you walk through the door and give your interviewer a firm handshake, make sure to have a friendly smile and relax if you are nervous. You won’t die, we promise. Try to turn any nervousness into positive energy that can be interpreted as enthusiasm for the position. The person across the table could be sitting there for 8 straight hours interviewing 16 kids in a row. They will get bored if there is no passion in your voice and no conviction in your speech. This is notthe time to blend into the crowd. An interviewer has 30 minutes to determine whether or not you are fit to work at their bank for the next three months or two years. Technical skills are a bonus, but you could answer every technical question perfectly, and that will still not guarantee you the job. In the same way, you could have the best personality in the world, and connect with your interviewer on every level, but if you don’t know what DCF stands for, you will not get the job. You need a combination of solid technical skills and appropriate answers to the behavioral questions to land the job, especially in this tough economy. Within the answers to your behavioral questions, there are a few main points that you need to be sure to get across. According to the head of HR at a prominent investment bank, the three main traits you need to emphasize are the following: 1.

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