in a sea of overachievers who are talented equally loved and preparation, and "Why investment banking?" Interview question can only be left to differentiate question for bankers to ask, making it both a popular and critical question.
, while for college students who do not look like aspiring bankers on paper (ie no fin / to the Main Committee ACC, business class or experience in related work) that it is important epic. After all, you guys need to be able to explain why you want to do investment banking business when the last decisions do not suggest anything of the sort.
How can you give an answer to 10/10 "Why investment banking?" Interview question?
There is a large set of points which can make it, but keep it short and sharp. Overall a good answer will contain 3-5 solid reasons why you are interested in the International Baccalaureate.
Typical examples such as education on a global level, and skills development, and the type of work, and the challenge, real responsibility in the transaction billion dollars and what is just unacceptable.
, but try not to rush to the same BS as everyone else.
and most importantly, avoid reasons that are somehow "bad" self-centered
Let me explain. As banker interviews you'll be OK if you mentioned investment banking attracts you to those learning opportunities, this is a selfish reason for that, too, and ridicule, and benefit the bank - between the ages of 24 year passionate, who put in a few weeks to work 100 hours with ease after all.
But if I heard you want to do IB simply in order to "build your resume and / or to secure a chance to go out I would - in my opinion at least - throw you out the door freaking and then proceed to put overcome the Blackberry down! Exerted to feel like a halfway home financial vagrants, just a starting point, is not my idea of good times you see it. so even though everyone knows investment banking is attractive to appeal and exit Sorry I do not say that!
What can help you to avoid the BlackBerry beat down ? Well, you will get me very interested if you answered: "Why investment banking?" interview question by talking about how you have older friends in the banking sector who have over the years to share with you what it's really like to be a banker - all from the good. and the bad.
How then that's what made you realize 3 specific things about banking services that make it stand out above any other function graduate.
not only will I think you still love banking despite the war stories, but that you have already given some thought out, "I need a salary of Blankfein proportions if I'm going ever to pay off these student debt."
What I'm trying to say is that a great answer and a list of unique and specific "Why investment banking reasons, and will be linked sources learned of them, whether they are friends, professors, books, etc.
want 6 specific reasons why investment banking 'that are sure to work? trying to talk about the way I like ...
- play investment banks cornerstone role in the transactions, and / or the role played by the wider business world - Introducing their business for what is the White House to the world ... a central hub HQ! this is why is called bankers masters of the universe. so put this point, though it was conceived in a more formal language without mentioning ever "masters of the universe '!!
- Coalface exposure to industry and financial markets, , which are unique to the IB - there is no post graduate on this planet, which puts you closer to the action of the banking sector.
- driven results-oriented deal - approach This point marked the banking than many other professions such as law, consulting and other, where players often get paid for simply "work" versus " Investigation ". Referring to this point, the bankers will show that you've got the right mentality and that you were not to increase the demon-like lawyers. PS again be sure, this is a more professional manner kinda!
- kind of people who work in the field of banking services - talk about this either learning hand and enjoy the view, and most refer the most important people you know in the banking sector (especially in the bank) to avoid looking like I was just a shining shoes and kissing ass!
- nature of the work - analysis and problem solution, and focused in the real world. If you're going to talk about this sure to bring a handful of examples in passing afterwards. For example 10K analysis, and dissemination of comps, deal structuring etc.
- Industry / specific product groups you interview with - this is a must! By talking about why IB through the lens of that particular group, you will really narrow the reasons down to the concrete, specific ones relatable - and that means bankers are likely to believe you and like you. For example, if I said to Goldman Sachs TMT that you want to do investment banking business because you find the business / side investing in wonderful technology industry after working as an apprentice is paid in social media start during the summer, then you hit the "Why investment banking? "the question of the park!
Whatever you choose, make sure you can talk intelligently about it if probed by the bankers.
Special note for those of you with an -banking experience
If you have experience working in the field of accounting and consulting etc. then Bankers say that while your time at KPMG or BCG or wherever you worked was a great experience, it did not provide ... [reasons why you love IB].
This is a hidden opportunity to clarify story, point out why you want to change in the banking sector from now, I reiterate that the IB is what you really want before everything.
any comparison that you make should be delivered subtly though. Not because your interviewer has worked in the KPMG or BCG, but simply because it looks unprofessional to blatantly badmouth others. Negative in any way does not look good.
Special Note aspiring investment banking analysts
PS For those of you who get this question in an interview investment banking analyst (ie not summer internship interview), you 'll need to pay your story why IB is more difficult to convince bankers to take you on. This is because banks hate offering permanent spots to candidates who might withdraw from the minute things difficult.
passion is the best insurance policy against the bank - so make sure you show it guys !!
if you want to go further and really convince the bankers with your answer, and then tell them how you became interested in IB years ago and point to the real things of life've since done so your assured passion; elected Studies, joined clubs college, met people and friends and talked to, read books, and jobs that have been taken.
offer a long journey is to get into investment banking is the idea here.
what is the ultimate answer to the mystery of magic here?
identify the sedatives of banking services, not just the upper parts. Bankers see, want to hire students who have not been drawn to the banks based simply on Hollywood hype or CNBC- luster. They want to know that you are realistic for a job, willing to do the grunt work, and yet still super passionate.
After all, Jimmy Cramer fan club and students Gecko wannabe will not be able to hack when they find out what really include investment banking - and this kind of outage cost the banks a bomb.
Even with all that in mind, through your answer mention briefly how your friends in banking and complain you for the reality of work as well - the long hours and sacrifice and other sedatives that will talk frankly about the system within the investment banking when it comes out this The autumn.
Of course, the question on Downer does not end - meaning sure to follow any reality check with the main reasons you have 3 Why recur IB in the very form of very short, kind of like "... but of banking, of course, it is an easy choice for me, because ... ".
Now that you've conquered the "Why investment banking?" Interview question, and the land choose from our advice: other questions of joint investment banking interview and answers now.
0 Komentar