What excites you about finance?
Why Choose Finance: Example Answer 1. I want to work in finance because I enjoy the challenging nature of the industry and how fast-paced it is. I thrive under pressure. I enjoy problem-solving and analyzing data, but also realize that finance is not just about the numbers, it is about the people too.
Sample Answer #1:
I find finance fascinating because it allows me to make informed decisions based on data analysis and strategic thinking. I'm excited about the dynamic nature of the industry and the opportunity to continuously learn and adapt to new market trends.
The Benefits of Working in Finance
Finance degree jobs can provide relatively high pay, stability, opportunities for advancement and consistent demand projections. Careers in finance may also offer flexibility for employees by allowing them to work remotely or in hybrid environments.
One of the reasons for choosing finance as a career is the ample opportunities for professional growth and development it offers. A career in finance comes with clear progression routes. This industry has endless growth opportunities and the scope increases with experience.
Many finance professionals love the scope and dynamic aspects of their jobs. They like being able to tap their technological know-how, methodical approaches to problem solving and deep understanding of how businesses work.
Financial careers often involve high barriers to entry, stiff competition among applicants, and a lot of stress. Still, these jobs offer numerous perks, including a challenging work environment, interaction with highly motivated and intelligent colleagues, opportunities for advancement, and excellent pay.
By discussing your work history, you can demonstrate how your interest in finance has helped you advance your career. You can mention finance-related jobs, such as financial analyst, trader, accountant, investment banker, portfolio manager, financial advisor, financial consultant, or financial planner.
- Get to the point. ...
- Know your finances. ...
- Make yourself the added value. ...
- Talk confidently about the industry. ...
- Engage with the interviewer. ...
- Keep learning.
Sample Answer:
The banking industry is lucrative and plays an important role in our economy. It offers challenging roles and opportunities to develop skills and knowledge. The dynamic nature of the industry and its relevance in the economic scenario is why I want to pursue a career in the banking sector.
Some common motivators include challenging work that allows you to learn and grow, feeling appreciated by your colleagues, or making a difference in the lives of others. What you share will give the interviewer a better understanding of what makes you tick and what kinds of work environments will be a good fit for you.
How happy are finance majors?
Overall, finance students rate their satisfaction with their degree a 3.1 out of 5. This is low compared to other degrees which average a rating of 3.28 across all degrees.
A strong financial acumen, attention to detail, excellent interpersonal skills and the ability to work well under pressure are all desirable traits which employers seek.
- Most stressful job in finance : Investment Banker (M&A or capital markets professional) ...
- Second most stressful job in finance : Trader. ...
- Third most stressful job in finance : Risk management & Compliance.
Finance is defined as the management of money and includes activities such as investing, borrowing, lending, budgeting, saving, and forecasting. There are three main types of finance: (1) personal, (2) corporate, and (3) public/government.
Demonstrate a Good Work Ethic
They want to hire people who share their values and who they can entrust with the financial transactions they regularly perform. A good finance interview strength is being able to discuss personal work ethic and views of accountability.
Finance is a critical component of any business organization, and interviews for finance positions can be extremely challenging. The finance interview process is designed to test a candidate's knowledge of financial concepts and their ability to apply those concepts in a real-world setting.
- You focus too much on the details.
- You have a difficult time letting go of a project.
- You have trouble saying no.
- You get impatient when projects run beyond the deadline.
- You lack confidence.
- You have trouble asking for help.
"I'm drawn to this job because of the opportunity for growth and advancement. I'm eager to learn new skills and take on new challenges, and I see this role as a perfect fit for my career goals." "I'm excited about the company's mission and values, and I believe in the work that you do.
Begin with your name and your current role or position. If you are a fresh graduate or seeking your first job in banking, mention your recently completed studies. Example: “Hello, my name is John Doe. I'm currently a financial analyst at XYZ Corporation.”
A sense of purpose, engaging tasks, a supportive environment, growth opportunities, and recognition are all factors that can contribute to your excitement to come to work every day. Take the time to reflect on these aspects and make any necessary changes to enhance your daily work experience.
What inspires you the most?
"My passion for [hobby or interest, e.g., coding, digital art] has always been a source of inspiration for me. It has not only honed my skills in [relevant skills] but also inspired me to seek roles where I can apply these skills creatively, much like the opportunity presented by this role."
Finance is not always a stressful career, but for the highest-earning jobs it can be. Long hours and an “always on call” mentality can be extremely stressful for finance professionals, especially those dealing with global markets.
On average, financial managers rate the meaningfulness of their work a 2.6/5. While most financial managers aren't very fulfilled by their work, some people may still manage to find meaning in it.
Finance degrees are generally considered to be challenging. In a program like this, students gain exposure to new concepts, from financial lingo to mathematical problems, so there can be a learning curve.
While jobs in tech or finance are big draws for introverts, as these industries are conducive to introverted tendencies such as independent work and creative problem-solving, other non-tech roles are equally suitable for this personality type, Eva Chan, a career expert at Resume Genius, tells CNBC Make It.
