![\"Investment](\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2024\/03\/13030021\/IB-Interview-Guide.png\")
\n <\/div>\n Gain an \u2018Unfair Advantage\u2019 With the BIWS Investment Banking Interview Guide<\/strong><\/h3>\n <\/div>\n <\/div>\n \n \n \t\n \t- \n \t
Pitch yourself like a pro<\/h4>\n
Use our templates to answer the \u201cWalk me through your resume\/CV\u201d question<\/p>\n\t\t\t <\/li>\n
- \n \t
Ace the technical questions<\/h4>\n
Learn the concepts so you don\u2019t have to \u201cmemorize\u201d anything<\/p>\n\t\t\t <\/li>\n
- \n \t
Prepare efficiently for \"fit\" questions<\/h4>\n
Re-use the same few stories to answer any fit\/behavioral question\n\n<\/p>\n\t\t\t <\/li>\n <\/ul>\n \n Full Details<\/a>\n \n Short Outline<\/a>\n <\/div>\n<\/div>\n<\/div>\n\nFor example, you could discuss an internship where you made several corporate finance processes more efficient, a Treasury internship where you worked with other departments to help the company avoid breaching a Debt covenant, and a math tutoring business you started but ultimately had to shut down.<\/p>\n
Your 3 Strengths should be easy because you already know the qualities bankers are seeking.<\/p>\n
Your 3 Weaknesses are tougher because they must be real, but not too real, they can\u2019t be overly personal, and they must be things you could conceivably fix (e.g., don\u2019t say you\u2019re \u201ctoo short\u201d).<\/p>\n
You could say that you take too long to make decisions or second-guess yourself, that you\u2019re not always good about speaking up, or that you don\u2019t always follow up on tasks and assignments.<\/p>\n
For your 3 \u201cReal Weaknesses,\u201d compare yourself to the *ideal* candidate for IB roles (Ivy League school, perfect grades and test scores, accounting\/finance major, multiple languages, multiple finance internships, sports, study abroad, and international recognition in some area), and assess how you\u2019re different.<\/p>\n
Maybe you went to a non-target school or you have low grades; maybe you don\u2019t have much finance experience or you became interested in banking too late; or maybe you haven\u2019t taken any accounting or finance classes.<\/p>\n
Find your top 3 weaknesses and develop ways to address them.<\/p>\n
For example, you could say that your family couldn\u2019t afford an Ivy League school or that you attended your university because of a generous scholarship.<\/p>\n
Or you could explain that you\u2019ve been moving in the direction of finance ever since you became interested in it, despite a late start that precluded you from winning internships.<\/p>\n
Or you could point to self-study, the CFA, or other courses to explain your accounting\/finance skills and how you\u2019ve learned the requirements independently.<\/p>\n","protected":false},"excerpt":{"rendered":"
In this tutorial, you\u2019ll learn how to prepare for investment banking behavioral questions efficiently and how to use the \u201cRule of 3\u201d to develop short anecdotes and responses that you can re-use to answer the most common questions.<\/p>\n","protected":false},"featured_media":21893,"template":"","class_list":["post-21227","biws_kb","type-biws_kb","status-publish","has-post-thumbnail","hentry","kb_category-interviews"],"acf":[],"_links":{"self":[{"href":"https:\/\/breakingintowallstreet.com\/wp-json\/wp\/v2\/biws_kb\/21227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/breakingintowallstreet.com\/wp-json\/wp\/v2\/biws_kb"}],"about":[{"href":"https:\/\/breakingintowallstreet.com\/wp-json\/wp\/v2\/types\/biws_kb"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/breakingintowallstreet.com\/wp-json\/wp\/v2\/media\/21893"}],"wp:attachment":[{"href":"https:\/\/breakingintowallstreet.com\/wp-json\/wp\/v2\/media?parent=21227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
- \n \t
- \n \t
Pitch yourself like a pro<\/h4>\n
Use our templates to answer the \u201cWalk me through your resume\/CV\u201d question<\/p>\n\t\t\t <\/li>\n
- \n \t
Ace the technical questions<\/h4>\n
Learn the concepts so you don\u2019t have to \u201cmemorize\u201d anything<\/p>\n\t\t\t <\/li>\n
- \n \t
Prepare efficiently for \"fit\" questions<\/h4>\n
Re-use the same few stories to answer any fit\/behavioral question\n\n<\/p>\n\t\t\t <\/li>\n <\/ul>\n \n Full Details<\/a>\n \n Short Outline<\/a>\n <\/div>\n<\/div>\n<\/div>\n\n
For example, you could discuss an internship where you made several corporate finance processes more efficient, a Treasury internship where you worked with other departments to help the company avoid breaching a Debt covenant, and a math tutoring business you started but ultimately had to shut down.<\/p>\n
Your 3 Strengths should be easy because you already know the qualities bankers are seeking.<\/p>\n
Your 3 Weaknesses are tougher because they must be real, but not too real, they can\u2019t be overly personal, and they must be things you could conceivably fix (e.g., don\u2019t say you\u2019re \u201ctoo short\u201d).<\/p>\n
You could say that you take too long to make decisions or second-guess yourself, that you\u2019re not always good about speaking up, or that you don\u2019t always follow up on tasks and assignments.<\/p>\n
For your 3 \u201cReal Weaknesses,\u201d compare yourself to the *ideal* candidate for IB roles (Ivy League school, perfect grades and test scores, accounting\/finance major, multiple languages, multiple finance internships, sports, study abroad, and international recognition in some area), and assess how you\u2019re different.<\/p>\n
Maybe you went to a non-target school or you have low grades; maybe you don\u2019t have much finance experience or you became interested in banking too late; or maybe you haven\u2019t taken any accounting or finance classes.<\/p>\n
Find your top 3 weaknesses and develop ways to address them.<\/p>\n
For example, you could say that your family couldn\u2019t afford an Ivy League school or that you attended your university because of a generous scholarship.<\/p>\n
Or you could explain that you\u2019ve been moving in the direction of finance ever since you became interested in it, despite a late start that precluded you from winning internships.<\/p>\n
Or you could point to self-study, the CFA, or other courses to explain your accounting\/finance skills and how you\u2019ve learned the requirements independently.<\/p>\n","protected":false},"excerpt":{"rendered":"
In this tutorial, you\u2019ll learn how to prepare for investment banking behavioral questions efficiently and how to use the \u201cRule of 3\u201d to develop short anecdotes and responses that you can re-use to answer the most common questions.<\/p>\n","protected":false},"featured_media":21893,"template":"","class_list":["post-21227","biws_kb","type-biws_kb","status-publish","has-post-thumbnail","hentry","kb_category-interviews"],"acf":[],"_links":{"self":[{"href":"https:\/\/breakingintowallstreet.com\/wp-json\/wp\/v2\/biws_kb\/21227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/breakingintowallstreet.com\/wp-json\/wp\/v2\/biws_kb"}],"about":[{"href":"https:\/\/breakingintowallstreet.com\/wp-json\/wp\/v2\/types\/biws_kb"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/breakingintowallstreet.com\/wp-json\/wp\/v2\/media\/21893"}],"wp:attachment":[{"href":"https:\/\/breakingintowallstreet.com\/wp-json\/wp\/v2\/media?parent=21227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}