Mistakes to Avoid at Investment Banking Interviews

After finishing your investment banking course, it would be time to get ready for the interview. It would be a mistake to come to the interview unprepared though. And the best way to prepare for to succeed at this interview, is to know the mistakes most applicants make and avoiding them at all costs.

So, without any further ado, here are some mistakes that must be avoided during the investment banking interview:

Talking Off-Topic

There are applicants who talk way too much. It is alright as long as the topic is about your background in investment banking. However, if it is about stories that are not related to that topic then that will turn the interviewer off. It would be better to go straight to the point.

Forgetting to Smile

It would leave a bad impression on any interviewer if you fail to smile. The person would be in a bad mood and your application would greatly be affected. Thus, better practice wearing a smile in front of the mirror before the interview.

Forgetting to Practice Answering Common Questions

If this is not your first time going to an interview, there is a chance you’ll know what the interviewer will ask. Yes, they ask basically the same thing in each interview. They have no idea who you are and the only way they will know your background is through your resume and a bunch of questions.

The interviewer will ask basic questions such as “Why should we hire you?” and “What are your strengths?”. Thus, it is best to research the best answers to these questions beforehand and have the answer prepared. For more in-depth info about investment banking interviews and the best tips for it, check out WallStreet Mastermind.

Interrupting the Interviewer

Never interrupt the interviewer when he/she is saying something. You’re going to give a bad impression when you talk over them. This rule also applies outside an interview. You should never interrupt people when they are talking. It is very disrespectful. Avoid doing this at all costs.

Talking at the Wrong Time

While the interviewer is going through your resume, it would be best to keep silent. Don’t feel the pressure to start a conversation. The person will be very annoyed and you’ll lose your opportunity to get the job. Better be patient and wait for them to ask the questions.

Being Overconfident

No matter how good you think you are, it would be a big mistake to be overconfident. Keep in mind there are other candidates vying for the same position. Thus, never overlook their accomplishments as they may have a more extensive background. It would be better to be humble throughout the entire interview and hope for the best.

Now that you’ve learned what you must avoid during the investment banking interview, the next step would be going to the interview with an open mind. Dress appropriately for the interview too.

Remember, giving a good first impression is the first step in achieving success.