Friday 16 November 2007

Invesment Banking - Questions and Chat

I have updated the chat widget by chatopica to host a chat and question widget that all visitors can use to ask questions or chat generally about Investment Banking. Enjoy!

Tuesday 6 November 2007

Online Tests and Interviews

I use statcounter on this blog which tells me many of you are searching for help on the numerical tests and competency based interview questions. So to help you I have compiled a list of places you can find practice tests. I have also compiled a list of questions both from my experience and others that i know. I hope this helps.

Online Tests - Numerical Reasoning

SHL - This is the official SHL site, most banks use these guys for their testing. They provide practice test, But please be aware, the practice tests are much easier than the real thing for some reason!Nonetheless, its a great way to familiarise yourself with the questions.

efinancialcareers - I have used these guys personally and the tests they provide are brilliant! A simple registeration is needed.

More Practice Tests - This site offers some questions too, not that high tech though! Also the questions are more mathematical and no "reasoning" involved.

Different types of tests - This site has the usual numerical reasoning tests it also has other tests which you may be given at an assessment centre such as Numerical, verbal, abstract, competency and personality tests. For some reason HSBC loves to use the personality tests t see i you would fit into the company and then they give you the numerical and verbal reasoning tests. A bit backwards if you ask me!

Interviews - Examples of Competency based questions

Competency based interviews have under lying themes when you are asked questions. Most questions that you will get asked will have at the base level these questions:

"Why do you want to work for XYZ company?"

"What makes you suitable for this role?"

In essence, interviewers are trying to answer these questions. They do this by directly asking you the above! Or they ask the following questions or both the above and below:

"What interests you about the job?"
"What can you bring to our organisation?"

"Tell us a time you have worked in a team?"
"What wasa your role?"

"Tell us a time when you had to plan a project"?
"What did you do to ensure that it was successful"?

"Tell us a time when you used your imagination/creativity?"

I hope the above has helped. If you have any questions, i.e. how to answer such questions please comment and i will try to help you answer them. I shouldn't really since some of you could be my competition!