With so much competition for places, the interview process is tough, no matter which area of banking you choose. Be prepared for at least two, but sometimes many more, stages. Generally the further through the process you get, the more senior the people you meet. The process may differ by business area and will be tailored to assess the skills and aptitude required for that specific area.
1. Interview format
a) First round interview
First round interviews could take place on campus or at a company’s offices - some banks might even conduct phone interviews. If it is over the phone don’t get complacent - you still need to prepare thoroughly. There’s nothing more demoralizing than falling at the first hurdle before you’ve even got the chance to meet someone face to face.
b) Assessment centre
At some point during the process, usually after at least one or two successful interviews, you’ll probably be invited to an assessment centre. These are held within dedicated assessment centres in the bank’s own offices, or in an external venue such as a conference centre or hotel. They can involve anything from math tests to giving presentations relating to case studies you’ll be given. Panel interviews are also likely. Often exercises will be based on real scenarios, which reflect the type of work you’ll be doing in the job.
2. Interview tips
Here are some general tips for the big day. You might think it’s obvious. We think it’s worth repeating.
· Double check the date, time and venue. And arrive in plenty of time – there’s nothing worse than being late, flustered, and sweaty.
· Wear a smart suit – and make sure your shoes are shiny.
· Smile. Confidence and enthusiasm are key. And give your interviewer a nice firm handshake. A limp handshake will get you nowhere.
· Confidence isn’t the same as arrogance. No one likes a show off.
· Have some questions ready. But don’t ask anything obvious – remember all that research you should have done. And whatever you do – don’t query the salary just yet – unless they ask you.
· Think carefully about your answers. Your interviewer will be assessing your thought process and how you communicate. So don’t ramble on for hours.
Still not sure how to do the preparation? AskBestTop!
Reference: http://www.unofficialguidetobanking.com/recruitment-top-tips.php. Access date 22 Feb 2013.
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