I have attended some first interviews and Assessment Centers of BB’s. I would like to share my experiences in a general way so that people without experiences ccan benefit from these.
First Interviews :
1)If you come to this stage, be aware that they liked your CV and Cover Letter and from now on everything depends on your performance. --> SELF-CONFIDENCE
2) Read FT and WSJ beginning with your applications. They are really useful and you will get the jargon.
3) Know every single detail of the company. Read last two years Financial Reports. Read the latest news on the media about the bank. Know share prices, quarterly profits etc.
"I have had questions like : Do you know how we perform in Asia? or What was our share price last year ? or What is the closing price of Nikkei ? " I mean before my experiences I wouldn’t expect they ask about Nikkei. However, they ask about these stuff.
4)Know every single thing about the position you have applied. Try to relate your academic knowledge to the position so that you can comment in a concrete way.
5)OF COURSE find at least two example for every f.cking competency questions. Practice them… Be spesific and concrete !!!
6) Be confident at the interviews, smile and even make some jokes and make them smile…
7)Find good answers to Why IB? Why this position? Why this bank type of questions ? They make differences…
8)Prepare Intelligent Questions to the interviewer. I mean you should be able to discuss your questions in detail coz sometime interviewer really like your questions and discuss the issue with you.
Note: Probably, they hear the same answers from each applicants so you need to differantiate yourself by given small details and different types of answers.
Assessment Centers :
The advices above applies to interviews of AC’s. However, these interviews will be more technical… !
Most Banks have similar AC’s :Interviews + Case Study +Written Report + Presentation + Group Exercise
Case Study Written Report
1)Back up your opinions with numbers or any concrete stuff… Don’t make lots of assumptions… Just use the information given to you and maybe one cool assumption will work.
3)Q&A–> Just try to give good answers to the questions. I mean even you contradict with yourself, try to answer the question in the best way.
From What I have heard the most important part of the presentations is Q&A
1)Don’t try to lead the group.
2)Respect every single comment
4)Always back up your opinion with concrete stuff
5)Speak clearly and briefly.
6)Don’t let others attack you.
7)Do not talk much but always contribute !!!
This is a very brief guide and everybody more or less aware of these…I wrote these because if one benefit from one sentence, that is enough…
Of course, these are just my 2 cents… You do not have to agree with these stuff.
Best Luck guys!!!