How to Answer, “Why should I work in investment banking?” What’s the question?
When preparing for an interview in the field of investment banking, it helps to know how to answer a wide range of questions correctly. Depending on where you are in your career, how you answer interview questions will change. No matter where you are in your career, learning how to explain why you want to work in financial services is helpful. In this article, we talk about why employers ask, “Why investment banking?” during a job interview. We also give you some steps to help you answer the question better, as well as answers you can use to prepare for your own interview.How to Answer, “Why should I work in investment banking?
Why an interviewer might ask, “Why investment banking?”
An interviewer may ask you why you want to work in investment banking for a number of reasons, such as to find out if you understand the job and the industry as well as who you are as a person. Your reasons for wanting to work in the field can show how what you’ve learned or done in the past relates to what you’re interested in.
When you apply for a job as an investment banker, you should be ready to answer this question or one like it. This can show the interviewer how qualified you are and how much you want to work in the finance industry. When they ask you this, you should talk about jobs you’ve had in finance or similar fields.How to Answer, “Why should I work in investment banking?
How to answer the question “Why investment banking?” at a job interview.
When applying for a job as an investment banker, here are some good ways to answer this question:
1. Show that you care about the subject.
It’s important to start your answer by explaining why you’re interested in the industry. Investment banking is a job that can be hard to understand, so it’s important to know what your role is. You can also talk about what you know about the industry and how your experience can help you get the job you are applying for.
Most of the time, this job is stressful and requires you to work long hours. Show the person who is interviewing you that you can do the job. You could tell them you want to move up in your investment banking career and are ready for any challenges that come your way.
2. Consider how you can help other people.
It’s important to show the interviewer that you want to help their company and get ahead in your career at the same time. The main job of an investment banker is to make money for the company, so you should show them how you can do that. It’s a good idea to talk about specific times when you closed a deal or made a sale.
Tell the group how you can help them make money. It can help if you don’t talk personally about how much money you want to make. The interviewer might only care that you care more about the company than you do about yourself.
3. Where did you go to school?
If you want to be an investment banker, you might need at least a bachelor’s degree from a well-known school. People who want to work in this field often do well with an MBA or a degree in a related field, such as finance or accounting. It’s important to show the interviewer that you have a degree from a college or university. You can also talk about any internships you had while you were in college. You can show the interviewer that you are serious about a career in finance by talking about your education and work experience.
4. Give some examples of what you do at work.
It’s important to use examples that have to do with what an investment banker does. Having work experience can show the interviewer that you can handle pressure well. Because investment banking has different jobs and levels, your experience may be different. Because of this, it helps to talk about an experience that is directly related to where you are in your career.
5. List your skills and strengths
As you wrap up your answer, it’s important to highlight what you do best. This can show the interviewer that you are serious about the job and the company. Show how good you are at math and accounting, dealing with customers, making sales, and closing a deal. It’s also important to show the interviewer that you can handle tough situations with confidence and that you have good problem-solving and communication skills.
Why should you work in investment banking?
Here are some examples to help you prepare for your investment banking interview:
“I’m excited to move up in my career with a top investment banking firm because I’ve worked in the field before. I just graduated with an MBA and a minor in finance. As an intern while I was in school, I had the chance to work with a senior investment banker. As an intern, I was able to help my boss with different kinds of paperwork related to finances and accounting. This helped me get job-related experience in the real world. I’m ready to move up in my career, and I think my extensive knowledge of the finance industry can help your company for years to come.”
“When I was young, my parents taught me how to invest, so I want to do that for a living. First, they taught me the basics, and then they gave me advice on how to invest my money. As I got older, this made it possible for me to take part in the deals they made when they invested in small businesses.
I wanted to learn more about investing, so I decided to get a degree in finance. This has made me look for jobs in a field I’m really interested in. I know this is a high-pressure business, but I’m ready for any challenge that comes my way.”
“I want to work in investment banking because I got to shadow one of their investors at a local financial firm when I was in college. We had a lot of fun investing, especially when we were able to close a deal. I was able to give my mentor a data analysis to look over. This led me to where I am now, which is working in a place where there is a lot going on and a lot of attention. I’m willing to give money to help get bigger deals.”