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How to Answer the 'Why Finance?' Interview Question | 4 Different Ideas 

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I give you four different ideas for how to answer WHY FINANCE interview questions for: investment banking, corporate finance, a general answer, and my personal answer.
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If you don't know me already, my name is Eric and I've worked in finance for the last eight years starting as an intern and now working in executive roles, so I've both interviewed candidates and been interviewed for finance roles many times.
Let's get to it.
"Why finance" interview questions are hard to answer.
For some reason, we just aren't ready for someone to ask us, "why are you interested in finance?"
The reason these questions are so hard to answer is that many people go into finance for money - and that is a pretty boring answer (and also a boring reason to work in a field)!
Fortunately for us, finance is an exhilarating and dynamic field. I could give you a MILLION reasons why I work in finance that have nothing to do with money.
In this video, I give you ideas on how to answer four of the most common versions of this interview question.
FOUR POSSIBLE "WHY FINANCE?" INTERVIEW QUESTION ANSWERS:
0:28 why finance interview questions (general answer, any role)
1:32 why investment banking interview question (investment roles)
2:45 why corporate finance interview question (operational roles)
4:15 BONUS: why are you interested in finance (my personal answer!)
DISCLAIMER: This is how I would answer these questions, but it doesn't mean that it is the best or the only way.
At the end of the day, all finance people help to allocate capital, however, they do so in very different contexts.
Answers to "why corporate finance" interview questions should revolve around an interest in operating and building companies - especially with startups.
Answers to the "why investment banking" interview question should revolve around interest in structuring transactions, creating liquidity, and building value that way.
Responses for an MBA candidate would just depend on the interests of the person but could be a blend of all of these answers, or something else entirely.
Hope this helps you crush your finance interview!
PS - don't forget to download my why finance interview question PDF study guide in the "resources" section above.
► Subscribe for more finance videos: bit.ly/EricAndrewsSubscribe
#whyfinance #financeinterviewquestions #financialanalyst

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16 дек 2020

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Комментарии : 24   
@eric_andrews
@eric_andrews Год назад
Questions? Let me know in the comments happy to discuss. 🚀 Also, if you want to learn how to systematically scale your startup without ending up as one of the 90% of startups that fail, have a look at this ⇒ www.ericandrewsstartups.com/financeforstartups
@duncanmahood2878
@duncanmahood2878 3 года назад
Reminds me of some of the things people like Chamath Palihapitiya talk about - ethical capital allocation and taking the long view to solve hard problems for society. Very helpful perspective, thanks Eric!
@eric_andrews
@eric_andrews 3 года назад
I love that vision! We need as many people thinking about this and putting it into action as possible. Thanks for checking it out Duncan!
@meetdholu538
@meetdholu538 2 года назад
Your Personal answer is what I've always felt but was not able to put it into words. Thanks man for guidance! Really appreciate.
@eric_andrews
@eric_andrews 2 года назад
You are very welcome !!
@dees900
@dees900 3 года назад
I just watched for 1.33 mins and then click subscribe. Then I clicked the play button !!!
@eric_andrews
@eric_andrews 3 года назад
I really appreciate it - thank you!! 😀😅🙏
@gurjeevankaur3844
@gurjeevankaur3844 2 года назад
Best video to this answer. Very helpful, thanks Eric! Really appreciate :)
@swaminikulkarni3052
@swaminikulkarni3052 2 года назад
Thank you Eric for such a sofastic Answer which actually wins the heart ❤️ of interviewer 🙌🏻💕
@AlexAlex-js4uc
@AlexAlex-js4uc 6 месяцев назад
Your answers are great! I struggle with stuttering and fumbling over my words sometimes. You speak in a very clear, and articulate manner so I was wondering if you had any tips to share regarding speaking in a fluid manner?
@eric_andrews
@eric_andrews 6 месяцев назад
PRACTICE! Have someone you know interview you 5 times, asking different questions every time. Ask for their feedback every time. Interviewing is a skill. You learn how to do it by practicing. If you don't practice, you will not get better. You will find that there are certain stories you want to highlight about yourself to demonstrate a skill/quality, and as you practice, those will come to the surface and you can refine them.
@cinthiasabillon144
@cinthiasabillon144 3 года назад
This is awesome! Thanks for these helpful videos Eric :)
@eric_andrews
@eric_andrews 3 года назад
Happy to help Cinthia!
@rebecagemma
@rebecagemma 11 месяцев назад
Thank you Eric, interesting content.
@eric_andrews
@eric_andrews 11 месяцев назад
You're very welcome
@yashagarwal7161
@yashagarwal7161 3 года назад
Awesome video Eric, thank you for such good content.
@eric_andrews
@eric_andrews 3 года назад
You are very welcome Yash
@shardabharati9520
@shardabharati9520 3 года назад
Thank you 👍 Eric
@eric_andrews
@eric_andrews 3 года назад
Thanks Sharda!!
@eric_andrews
@eric_andrews 3 года назад
Curious - why are YOU interested in finance? What is your unique vision?
@carloscalderondelacruz4153
@carloscalderondelacruz4153 3 года назад
Hi Eric, great videos, really useful and easy following your explanations. Thank you for that. Do you have a B2B model or B2B2C. For example, A Credit Card company provides credit Cards to employees of a company. Thanks!
@eric_andrews
@eric_andrews 3 года назад
Hey Carlos - I'm glad to hear it! I have a marketplace financial model tutorial, where we onboard vendors and clients onto the platform and try to grow the marketplace => I think it would be valuable ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Q9lnHGFrfd4.html
@carloscalderondelacruz4153
@carloscalderondelacruz4153 3 года назад
@@eric_andrews Thanks!
@yasharora9974
@yasharora9974 3 года назад
thanks Eric! Helpful :)