INVESTMENT BANKING MOCK INTERVIEW

 

Try a mock interview for investment banking, answering typical questions and also getting tips on how you should answer. There are also other questions students have been asked at banking interviews. It differs from retail banking is also know as high street banking which is largely about managing customers accounts, selling loans and mortgages etc.: see our separate interview on this

Investment Banking

INVESTMENT BANKERS need to be NUMERATE and good at ANALYSING INFORMATION in order to research the market and carry out financial modeling. This information is then used in  MAKING DECISIONS and presenting information to clients, which requires SELF-CONFIDENCE and good COMMUNICATION skills.   Good TIME MANAGEMENT, in particular WORKING UNDER PRESSURE and MEETING DEADLINES is essential in this high-pressure working environment. Employers will expect you to be able to talk about and demonstrate these skills at a high level throughout the recruitment process. The sort of evidence you could offer includes:

Before you arrive ...

Before your interview make sure that you are well-informed about the company, the banking industry, the financial markets and the business world generally. You will be expected to know where the FTSE and Dow Jones indexes are and have been, where LIBOR and Fed rates are and to be up to speed on current financial and business issues. Read the Financial Times daily and register (for free) at www.ft.com  to get email updates.  See also the links below, the links from our banking careers page www.kent.ac.uk/careers/sitebank.htm and our Interview Reports for banking interviews.
You are likely to get verbal and numerical reasoning tests: see www.kent.ac.uk/careers/psychotests.htm for examples.

There follow some of the questions that might be specifically asked of students at interviews for investment banking jobs. General interview questions are not asked here, so you might also like to try the general or multiple choice interviews as well for standard interview questions that can be thrown at any candidate. Click on "First Question" to begin. Think carefully about how you would answer, then click on "Show Answer Tips" to get an idea of how you should be answering.

  

Other questions students have been asked at banking interviews

If you have been to an interview or assessment centre recently please fill in our interview report form to help other students.

About your study, work experience and skills

Competency questions. See our page on How to Answer Competency-based Questions

Commercial Awareness Questions. See our page on How to answer Commercial Awareness Questions

Hypothetical questions. See our section on this

MARKET SIZING questions

These evaluate your temperament and analytical skills and are often used in CASE STUDY interviews by consultancy and banking firms. They test your logical, analytical, numerical and problem solving skills. A lot of the skill in answering these questions involved making reasoned estimates of the market size.

For help with answering these see our page on CASE interviews

Psychometric tests

Most investment banks give you demanding numeracy tests as part of their selection procedure. The nearest on-line practice tests for these are those on the efinancial careers site at http://students.efinancialcareers.co.uk/numerical_test.htm

Our Second Practice Numerical Reasoning Test is also quite similar but you would probably need to be scoring at least 19 or twenty on this to have a good chance of passing the real investment bank tests.

Other components

Tips from Kent graduates

Comments

More questions (from efinancial careers http://bit.ly/hnDKKS)

Citigroup: Global markets (intern position)

Barclays Capital: Sales (internship)

Barclays Wealth: Wealth management (graduate programme)

Goldman Sachs:

Equity derivatives marketing (off-cycle internship) Global investment research (graduate programme)

JPMorgan: Risk (graduate position)

Lazard: Investment banking (graduate position)

UBS: Equities sales and trading (summer internship)

LINKS

 

Back to the mock interviews menu or Answers to 150 common interview questions