A
quick review of corporate finance interview basics… most companies conduct a
standard “fit” interview. The majority will not be extremely quantitative
(especially first rounds) but be prepared with financial concepts and
strategies anyway.
- Company strategy: Be
familiar with the company’s business model and what makes the company
stand out from its competitors. Research companies from their websites,
annual reports, Lexis/Nexus, Bloomberg, WSJ, and industry publications.
- Industry analysis:
Research current market trends affecting the industry and know what role
its competitors play within it.
- Job/Position: Understand
how finance is organized within the company. Are you interviewing with a
treasury group or corporate control? Would you be working for a central
finance organization or for a business unit?
- Finance questions: Know
how to value a project. Memorize NPV, IRR, EVA definitions, differences,
downfalls, and how these measures are used to determine the viability of a
project. Review your Finance notes.
- Sample interview
questions:
·
Walk
me through your resume. Know your resume inside and out. Interviewers will ask
most about bullet points.
·
Tell
me about yourself
·
How
have you led a cross-functional team to bring about positive change/ to
overcome significant challenges? (Have two examples)
·
Give
me an example when you have demonstrated leadership. (Have one work-related and
one school related)
·
What
accomplishments are you most proud of?
·
What
are your strengths and weaknesses?
·
Why
should we hire you?
·
Convince
me you want to work in the (_________) industry
·
Give
examples of how you analyzed a complex problem. What was the result?
·
Know
the fundamentals of marketing (4p’s, etc.)
Be prepared for simple case questions. Interviewers
will present a situation and ask you what they should do. Remember to provide
the STRATEGY behind your decision as well as your finance answer. The company
wants more than a number cruncher, answer all implications of the project.
In
general, act excited about the company and make sure you have three to four
GOOD questions for the interviewer. Good Luck!
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