Getting Interviewed at an Investment Bank (2 Viewers)

[mathemagician]

Getting Interviewed at an Investment Bank - Macquarie

Hey my friend doing Actuarial Studies & Finance at UNSW is getting interviewed for Macquarie summer work. Anyone else going for the interview? Is it common for non-penultimate yrs to work as Interns over the summer vacation?

Btw, what kind of questions should he expect in his interview at the investment bank? I've heard that the interviews can be very tough.

 

[baker182]

Hey my friend doing Actuarial Studies & Finance at UNSW is getting interviewed for Macquarie summer work. Anyone else going for the interview? Is it common for non-penultimate yrs to work as Interns over the summer vacation?

Btw, what kind of questions should he expect in his interview at the investment bank? I've heard that the interviews can be very tough.

Applications only closed last Friday, I don't think they would ask people to come for interview's, that quick. Unless he applied for the May cut off date thing.

 

[jase_]

I got an interview for summer vacaction (IT though). Yes, applications did close last Friday and I got a first round interview offer on Monday, so it was very quick.

 

[baker182]

I got an interview for summer vacaction (IT though). Yes, applications did close last Friday and I got a first round interview offer on Monday, so it was very quick.

dam, guess I did'nt get a interview offer then

 

[jase_]

Ahh well just wait and see! You never know =).

 

[baker182]

Ahh well just wait and see! You never know =).

Just checked the career's site, it said unsuccessful

 

[jase_]

Ahh well, better luck next time

 

[§eraphim]

Is it common for non-penultimate yrs to work as Interns over the summer vacation?

What kind of questions do they ask in interview ?

 

[jase_]

Usually, its the penultimate year students who work during summer vacation.

Erhm, well depends which round interview. The first round one is usually behavioural type questions. They'll ask you specific questions for which you have to come up with a situation, like when have you had a problem with a team member, or been in a leadership position, had to manage a group of people, making a choice between multiple decisions, and stuff like that.

 

[baker182]

Ahh well, better luck next time

Thanks, good luck with your interviews, I hope you get the job

 

[§eraphim]

Usually, its the penultimate year students who work during summer vacation.

Erhm, well depends which round interview. The first round one is usually behavioural type questions. They'll ask you specific questions for which you have to come up with a situation, like when have you had a problem with a team member, or been in a leadership position, had to manage a group of people, making a choice between multiple decisions, and stuff like that.

Do they ask questions about stuff from the news? eg. our thoughts on China revaluing the Yuan

 

[jase_]

I sure hope not

 

[§eraphim]

I sure hope not

Maybe it depends on which division you are applying for. I know for investment banking they ask tough questions.

 

[Minai]

Yeah a friend of mine had an interview, and he said they asked general current affairs questions from the finance sector, in order for you to show them you have a genuine interest in keeping up to date with the market etc

 

[ND]

Minai: Was this an interview at macquarie?

 

[Minai]

Minai: Was this an interview at macquarie?

I think so.
I think he said that the questions asked for your opinions on a particular market event, or recent trends and how that affects things..stuff like that.

 

[ND]

Ah ok, thanks mate.

edit: sorry, was that for a graduate position or summer vacation?

 

[Minai]

I think it was internship (summer vac) but the interview process is essentially the same anyway.

 

[§eraphim]

I think it was internship (summer vac) but the interview process is essentially the same anyway.

How many positions are usually offered in each division for any typical bank/investment bank? And how would you rank the competition for positions in the different divisions. Eg Investment Banking would probably top the list, but what about trading, accounting, etc?

 

[Minai]

How many positions are usually offered in each division for any typical bank/investment bank? And how would you rank the competition for positions in the different divisions. Eg Investment Banking would probably top the list, but what about trading, accounting, etc?

I can't really answer that, I'm only going by what friends have told me, having gone through the process.

You could try to look on their website's Careers section for grads and they might detail what and how many positions they have on offer