Finance Interview Q
Finance Interview Q
2. What specific goals, including those related to your occupation, have you established for your life?
3. How has your college experience prepared you for a business career?
Sample excellent response (equates ideal job with job he's interviewing for):
My ideal job is one that incorporates both my education and practical work skills to be the best I can
be. Namely combining my education in finance with my working knowledge of customer service
operations, entrepreneurial abilities, computer skills, and administrative skills. I want to utilize my
analytical expertise to help people meet their financial goals. This is exactly why I am convinced that I
would be a very valuable member of the Merrill Lynch team.
8. What will it take to attain your goals, and what steps have you taken toward attaining them?
1. on which basis sensex and nifty will be measured and also how the inflation rate is measured?
10. what are the first 30 companies in bse and what r the first 50 companies in nse
Whatever your answer, explain the rationale behind your thinking. Employers are just as interested in
your ability to grasp business strategy as they are in your ability to crunch numbers.
Some seemingly ridiculous questions are designed to test your ability to reason, according to
Vault.com, which provides articles on career advice in finance, as well as employee surveys at
investment banks and other finance employers.
The classic example is “Why aren’t manhole covers square?” When you encounter a question like this,
experts say you should reason aloud so that the interviewer understands your thought patterns.
Example: “I’m thinking there may be a structural reason they aren’t square. Square covers are more
time consuming to fit, so a round cover would eliminate the need for exact rotation and therefore
reduce man hours and expense.”
You might be asked to demonstrate your quantitative skills during an interview. Candidates early in
careers might encounter questions about calculating yields-to-maturity. More seasoned candidates
might be asked to calculate cost of capital. And everyone dreads questions reminiscent of school math,
such as one reportedly encountered in the financial world: “Given a barometer, calculate the height of
this building.” The point of this question, of course, isn’t to learn your answer; it’s to learn how you go
about answering.
If you can’t do the calculation, humor can show you can think on your feet. Perhaps you’ll cleverly tie
the barometer to a rope, throw the rope off the building, and then measure the rope. One creative
candidate said he’d tell the doorman “If you tell me how tall this building is, I’ll give you a free
barometer.”
But try not to appear cocky if you use humor in a corporate finance interview. Investment banking is
still a conservative discipline where people are expected to work their way up in an organization.
There’s a danger in coming across as too flippant.
Yale’s Web site publishes other thought-provoking questions typical of the profession:
If you interview for more senior corporate finance titles, expect probing questions on strategy and
business philosophy. Experts suggest framing your responses as if you were a strategic partner that the
company might want to bring aboard permanently.
—Elizabeth Johns, AFP's managing director of communications, has been through a few tough
interviews herself in the financial world, including panel interviews and those involving word
problems. Contact her at [email protected] with your stories.
Posted by nikhil at 0 comments
The Banking and Finance Markets are always on the look out for MBA Finance students. The stock
markets and all financial institutions offer a wide range of job opportunities for MBA Finance
Graduates.
Posted by nikhil at 0 comments
MBA Finance from the top business schools is always very beneficial. Most Colleges and Universities
take in students for MBA degree only after they have passed highly competitive tests to qualify.
The syllabus of most of the Institutes offering MBA is a very comprehensive one which enables the
students to cope with the ever-changing economic environment of today. The Course generally
comprises of Four Semesters, the first two semesters generally have compulsory subjects which form
the basis of all Management Courses. The third and fourth semesters may have a mixture of both
compulsory and Specialization subjects. The Project to be submitted at the end of the Course is very
crucial. The Project is generally submitted by a group of three or more students.
Some of the best MBAs are from Indian Business schools, colleges and Universities. The Graduates
from the top Institutions command a salary on par with the world’s best.
The list of the Top 10 B-Schools offering MBA Finance in India in the year 2007 is as follows:
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No. 1 Indian Institute of Management, Ahmedabad.
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No. 2 Indian Institute of Management, Bangalore.
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No.3 Indian Institute of Management, Calcutta.
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No.4. Indian School of Business, Hyderabad.
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No.5. Indian Institute of Management, Lucknow.
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No.6. XLRI, Jamshedpur.
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No.7. MDI, Gurgaon.
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No.8. ICFAI Business School, Hyderabad.
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No.9. S P Jain Institute of Mangement, Mumbai.
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No.10. IMT, Ghaziabad.
A number of these Colleges and Universities offer a part-time MBA too, for those students who are
unable to take up a regular course due to their respective constraints.
A number of Indian students these days are competing to get into the Worlds’ top Institutions for
Management. Either through a scholarship or through an Education loan, the goal of doing an MBA
from a foreign university is not too far-fetched. Especially, as the pay-back for these courses in terms of
salaries is very high.
The Top Ten Business Schools in the World in the year 2007 are as follows:
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No.1. University of Pennsylvania, Wharton, U.S.A.
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No.2. Columbia Business School, U.S.A.
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No.3. Harvard Business School, U.S.A.
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No.4. Stanford University GSB, U.S.A.
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No.5. London Business School, U.K.
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No.6. University of Chicago GSB, U.S.A.
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No.7. INSEAD, France, Singapore.
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No.8. New York University, U.S.A.
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No.9. Dartmouth College: Tuck, U.S.A.
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No.10 Yale School of Management, U.S.A.
Posted by nikhil at 0 comments
MBA or Master of Business Administration is one of the best known and among the most recognized
degrees in the world today. Be it public sector or private sector an NGO or a Government job, an MBA
degree holder today, undoubtedly scores better over a non-holder. Most companies prefer MBA’s for
their top management positions. An MBA degree improves the marketability of the candidates in the
job market.
A finance career is best started off with an MBA in Finance. The course can be completed in one of the
many ways that most universities offer. Either one can do a Regular two years Course, or opt for a part-
time MBA course-which can be done either through Distance Learning or Online. Quite a number of
Distance MBA’s are earned to enhance career prospects. The Institutions offering part-time MBA
courses conduct classes either in the evenings after working-hours or during week-ends over a 2 year
period.
Many of the Universities and Colleges also offer an Executive MBA commonly known as the EMBA.
It is specially designed to improve the career prospects of working business professionals. It gives the
working Managers and Executives a chance to upgrade their management skills. The employers these
days are realizing the many benefits of sending their employees for an Executive MBA. The employees
get a chance to improve their managerial and leadership skills and directly bring ideas from the ‘class
room to the Board room’. It is a win-win situation both sides because the employers get a reinforced
loyalty from the employee and the employee gets to earn a much sought after degree without taking a
break from his or her job.
A MBA Finance degree offers many more job opportunities than other MBA specializations, because
the implementation of ideas in any company or NGO or Government organizations is rooted in
Finance.
MBA Finance increases the job opportunities, helps in changing careers or better qualifies one for a
chance at career advancement or helps one to start one’s own business. MBA Finance will teach a
student accounting, economics, banking, market structure etc. which are all vital to any enterprise.
Finance for MBA can be easily garnered through a Student loan given by most Banks or a personal
loan which can be sought from any financial lending institution. It has become a very common practice
to get corporate finance for the course. A number of Companies have started recruiting students who
are still doing the Course, as the demand for MBA Finance Graduates is quite high.
Posted by nikhil at 0 comments
It depends what you are planning to do post graduation. If you're going to be immediately going into an
accounting firm or similar position, you may not need to earn either degree on your own.
Many companies consider advanced education investing in their company, since (they hope) you'll stay
with the company. Therefore, it might be a good decision financially to find a company that will hire
you, and looks positively upon furthering your career.
Also, earning your MBA or CFA depends on what career you'd like to enter into. If you're leaning
towards a career that is accounting-heavy, a CFA will be very beneficial. However, if you're looking for
a broad understanding of business and business management, an MBA will provide you with the
fundamentals to succeed in practically any industry (check the link).
Good luck!
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