I noticed there wasn’t much help on here for graduates going to assessment centre for hsbc, so I thought I would share my experience from one I attended last week for the Global Banking, Client Management graduate position:
What it involves:
- Written numerical test (from a book published by SHL, but these questions seem a lot easier than the online ones)
- Motivational Interview
- Business interview 1
- Business interview 2
- Case-study presentation to an assessor.
This was a competancy-based interview, with general questions to see if you have the drive to work for hsbc i.e. why client management, why hsbc, give a time when you showed initiative or went further than you needed to, are you ambitious, what motivates you… etc
Business interview 1…
This was the technical interview, questions included:
- why hsbc (again)
- who do you think are hsbc’s competitors… are there any other ones and why?
- have you ever valued a company, how would you go about valuing one?
- what is the difference between a share and a bond? which one will give you the better return if a company was to go bust?
- tell me about something that is happening in the world and what you think about (talk about a current business issue and your opinion of it)
- one brain-teaser: ‘what is the sum of the numbers 1 to 100?’
- how do you think hsbc has managed to perform better than their competitors given the recession etc?
- define an emerging market.
Business interview 2…
This was surprisingly very competancy-based with questions like:
- tell me about a time when you’ve worked under pressure
- tell me a time when you made a mistake
there were lots of follow up questions here.
You get 30minutes to look through a case-study, mine was about a fictional global bank, with various financial data, chairman’s statement, newspaper reports about business issues, customer data etc. In that time you need to understand the brief, come up with a structure for your presentation, think about the points you want to make and come up with justifications for every possible question they could ask you about it. The actual presentation should last 10mins with 15mins Q&A with the assessor.
Hope this information offers some kind of guidance and heads-up for anyone going to a hsbc AC in london anytime soon :).