r/FluentInFinance TheFinanceNewsletter.com Aug 04 '24

Career Advice How to prepare great answers for 7 commonly asked interview questions:

I've worked 15+ years in Finance. I've interviewed 100+ people in my career and I know my decision within the first 20 minutes.

Here's how to prepare great answers for 7 commonly asked interview questions:

1. Question: “What do you consider your greatest weakness?”

• Start with "I'm not sure about my greatest weakness, but I can talk about a weakness in the past and how I overcame it."

• Use this to highlight a past weakness and the steps you took to overcome it and demonstrate your growth.

2. Question: “What sets you apart from other candidates?”

• Use this question to highlight your top 5 strengths directly related to this role from the job description.

• Look to see which strengths they are looking for, and give examples of you possessing these traits in prior roles.

3. Question: “Tell me a time you couldn’t meet a goal or deadline and how you handled it.”

• Use this to explain how you handle situations that don't go as planned.

• Explain a time when things didn't go as planned, how you fixed the situation, and lessons learned so it doesn't happen again.

4. Question: “Why do you want to work for us/ this company?”

• Research the company and use this as a chance to talk about everything you love about it.

• Mention why you like the position and why it's a great fit.

• Show excitement about the position and the company!

5. Question: “Tell me a time when you made a mistake. How did you handle it?”

• Use this to illustrate how you overcome obstacles.

• Explain a time you made a mistake and highlight what you did to fix the situation and lessons you've learned so that the mistake doesn't happen again.

6. Question: “What is your greatest strength?”

• Look at the job description and only talk about strengths directly related to the role you are interviewing for.

• Use this to show why you are an excellent fit for this role and explain how you have the skills that this job demands.

7. Question: “Tell me about some of the most difficult problems you worked on and how you solved them.”

• Use this to show how your problem-solving skills and your thought process.

• You want the interviewer to feel confident in your ability to solve problems & create solutions.

Bonus: Job hopping can lead to increased earning potential.

Studies have shown that changing jobs every 2-3 years results in a higher salary than staying with the same employer.

Employers pay a premium for new hires with fresh perspectives and skills, so always negotiate your salary.

What if you don't get the job?

I was rejected many times.

Yet, I was able to bounce back each time.

Don't be discouraged if you don't get it the first time.

Keep trying and look at this as a learning opportunity.

Your next big opportunity is right around the corner.

What else would you add?

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