Introduction
Are you a finance fresh graduate student and looking for a job? Ohh, you are, then you must have known that interview is the first stage before landing your dream job. You have to answer the questions of the interviewer right to get the job. Many finance students do not know about the finance interview questions. They are just completely unaware of the importance of knowing the important interview questions. It is why today’s article is all about those finance interview questions that are very common in finance-related jobs. You will find a brief description of the interview questions first, and then there will be a mention of those 10 questions. So, let’s start our discussion with the question below.
What are the interview questions?
An interview is a formal meeting where the interviewer asks some questions about the job. The interviewee or the candidate has to provide the right answers to grab the required job. Interview questions are mostly job-specific and depend on the experience of the candidate. There are some common interview questions that every interviewer asks the candidates. Those questions help the interviewers get an idea of the abilities of the candidate. The company gives the job to the candidates who perform well in their interviews.
What are the 10 most common finance interview questions?
While going into a finance interview, you can expect a variety of questions. The questions can range from general employment queries to complex mathematical problems. You must practice the questions of this kind of job interview before going. It is because preparation prepares you better for unforeseen questions. Therefore, the top 10 most common finance interview questions that you must know are as follows.
Tell me a little bit about yourself
This question is the most common interview question. This question is not only related to the finance interviews but every field. Through this question, the interviewer wants to have a general idea of who you are and what are your qualifications. Also, you explain your experience in the industry of finance in this question. So, the interviewer has an idea of your academic ability to do the job.
Why have you chosen to work in finance?
The companies want to hire professionals who are passionate about their fields. This question helps the interview panel know about your motivation to apply for this particular job. To answer this question, you need to explain your motivation for joining finance as a career field. For example, you can tell that you are good at solving numerical puzzles. Therefore, this motivated you to pursue a degree in finance.
What is your greatest achievement in this field so far?
The third most common question of all the finance interview questions is to explain your achievements. Detailing your achievements allows the hiring managers to see what you are capable of and what you have done in the past. Also, the list of your accomplishments adds value to your overall CV.
What can you bring to this role that other applicants cannot?
This question is a bit tricky. Most of the students answer that they are hardworking and passionate. They should not provide such generic answers as every candidate out there is hardworking. You need to understand that the hiring manager is trying to know about the best version of you. You must explain your best side because this is the stage where you can distinguish yourself from others.
What are your weaknesses and strengths?
As described earlier, finance interview questions range from simple to complex ones. Now, this question is also a tricky one, and you need to be very careful while answering this. The hiring manager will try to target your weaknesses and strangle you there. You should answer the question honestly, but at the same time, you need to frame your answer in such a way that it does not look like a weakness.
What do previous co-workers and managers say about you?
It is another tricky question that students find themselves unable to answer. Every graduate student appearing in the interview will try to tell that previous managers liked him very much. But this answer is very generic, and the interviewer will immediately know that your answer is pre-planned. Therefore, you need to be honest and tell only the truth to answer this question effectively.
What are the different types of financial statements?
The finance interview questions are not only about knowing about your abilities but also about testing your knowledge. The hiring managers also ask questions that help them know your knowledge about the field. This question is specifically asked to have an idea of the basic knowledge of finance that you have.
What is the DCF method?
The discounted cash flow or DCF is the method by which companies plan the future. As a fresh graduate student, you must know what this method is and how to apply this method. To answer this question effectively, you can give them an example of how to achieve long-term success.
If you were a CFO of a company, what would be your long-term concerns?
This question is designed to analyze your strategic planning skills. You should take all the things like the company’s objectives and financial statements into account to answer this question. Make sure to connect different types of financial statements with your answer.
Why should a business fund its operation by equity rather than debt?
Equity and debt financing are two different concepts in the field of finance. This question is an analytical one, and you must think thoroughly before you answer. The hiring manager or the interviewer may ask you this question to know how you will handle the funding.
Conclusion
Finance interview questions become tricky as the interview progresses. Therefore, you must prepare yourself for both general and technical questions. The 10 most common questions given above can help you a lot in preparing for your finance interview.
Author Bio:
Robert Fawl is a professional Content writer & Content Marketer. Based in London, Robert is an author and blogger with experience in encounter composing on various topics including but not limited to Essay Writing, Dissertation Writing, Coursework Writing Services, Thesis Writing Services, Assignment Writing, etc.
0