Question Categories: Goals and Company Knowledge
This is the second in a series of posts about how to best answer interview questions for financial analyst jobs, based on question categories: Education and Work Experience; Goals and Company Knowledge; and Technical Competence.
In the first post of this series we discussed how to answer financial analyst interview questions based on the categories Education and Work Experience. As with the first post, we’ll share some of the questions you might expect in the categories of Goals and Company Knowledge, along some tips on how to approach the answers so you make a great impression.
As we mentioned last time, if you want to make it past the first interview, you must take time in preparing for an interview and practice answering frequently asked interview questions. The more you practice, the more comfortable and confident you will feel. So do the prep work and practice hard if you want to stand out.
Interview Questions to Expect by Category
Here are some of the questions you will likely be asked during your interview, along with some tips on how to approach questions about your goals and your company knowledge.
The interviewer will ask questions about your finance career goals as they pertain to the financial analyst position you are trying to secure, as well as your goals for the future. Some potential questions may include:
– What are your short- and long-term goals in this financial analyst position?
– Where do you hope your finance career takes you in the next five years?
– How much money do you expect to earn in the next five years and 10 years?
– How can your personal career goals help our company achieve its goals?
The interviewer is trying to determine if you are a good fit for their organization based on where you are today and where you intend to be five and 10 years from now. The type of work you hope to do as well as the amount of money you hope to earn should align with what the position in question allows. He or she is also trying to learn how much you know about the company’s goals (more about this in the next section) and if your experience and desire will benefit the company.
Prepare yourself for this series of questions by researching the roles of the financial analysts who currently work at the company. Try to speak with someone who works at the organization and has an understanding of the financial analyst roles, goals and responsibilities to gain some insight. Otherwise review the job description closely, and tailor your answers to align with the duties outlined there.
You can also review the profiles of financial analysts who work at the firm (now or in the past) on LinkedIn to see if there are any consistencies across backgrounds and experience, and highlight any of those qualities that you also offer. Earnings information is pretty easily found online or through word of mouth.
Company Knowledge Questions
The interviewer will ask you questions that are specific to the company to which you are applying. Topics can range from specific stats and history to how your background aligns with the organization’s goals. Some potential questions may include:
– Why did you apply for a position with this organization?
– Why would you like to work for us?
– Can you tell me what you know about our company?
– What qualities do you have that make you a better hire for our company than your competition?
– What experience or knowledge do you bring to the table that will help our company improve or grow?
– What challenges do you expect to experience in this company’s financial analyst role?
The interviewer is trying to find out if you did your homework and took the time to research their organization. They are looking for people who will be passionate not only about the finance industry but the firm in particular. If you don’t show any specific knowledge about the company, its history, goals and challenges, the interviewer will likely write you off. And if you can’t show how you can contribute to the organization’s bottom line, consider that another strike against you.
Prepare for this series of questions by doing some good, solid research about the company and try to answer each of the aforementioned questions specifically. Read the company website from top to bottom, and look for the latest news about the organization and its key players online. Again, arranging to talk with people who work with the firm can really give you an edge. Do your homework.
You can read part one of the series here. Next up? We will address questions about your Technical Competence.
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