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Questions By Function

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Consulting

  • What background do you have that would be helpful in consulting?
  • Why consulting?
  • How do you think the consulting industry is structured?
  • What are some differences among the consulting firms that are important to you?
  • What were the sales of your last employer? What was its profitability?
  • Are you a generalist or specialist? Where do you see yourself specializing?
  • Are you competitive?
  • How are you going to make your decision if you get more than one offer?

Health Care

  • Why are you interested in the health care industry?
  • Why are you pursuing an MBA vs. Master in Health Administration?
  • What strengths do you have for the health care industry?
  • Prioritize the most important issues facing health care management.
  • Provide your recommendations to address these issues.
  • What is the current administration’s goal towards health care?
  • Why have some HMOs been successful and others have not? Elaborate.

Investment Banking

  • What would you do if you weren’t going into investment banking?
  • What was your quantitative GMAT score?
  • Some technical finance/accounting questions:

- How do you value a firm?
- What is an interest rate swap?
- What is DCF? How do you calculate the discount rate?
- How do you determine if a stock is undervalued?
- How would you price the stock for an IPO?
- What is the yield on a zero coupon bond trading at par with 10 years to maturity?
- What is working capital? Quick ratio? Free cash flow?

  • Tell me what you know about [the firm].
  • Tell me about the cultures of the different firms.
  • How are you going to make your decision if you get more than one offer?
  • What do you want to do and why - M&A, capital markets, or corporate finance?
  • The bond market is going down; what is the stock market going to do?
  • Where is the industry going? What is the market doing?
  • What are the headlines in today’s Wall Street Journal?
  • What do you read regularly on the industry?
  • Why choose investment banking? Why pick this bank?
  • Tell me what an investment banker does.
  • Tell me the difference between commercial and investment banks.
  • Why pick corporate finance as opposed to sales and trading?
  • What are your outside activities? Why would you be willing to give them up for such a demanding job?
  • What role do you play in group situations?
  • What would you do if offered drugs as part of the deal? (or other ethically-oriented questions)
  • Sell us on your quantitative skills.
  • How smart are you? How do we know how smart you are?
  • If we made you an offer today, would you take it?
  • What did the Dow, S&P, or NASDAQ close at yesterday?
  • What stocks do you follow and why? (Be prepared to discuss the stock’s performance.)

Marketing

  • Give me the attributes of a good brand manager.
  • Now take me through your background and demonstrate how you have each attribute.
  • Rate Yale’s marketing program.
  • How would you sell more [Tide]?
  • Talk about an ad—what makes it effective? interesting? etc.
  • What are some examples of bad advertising? Why?
  • How do you sell your ideas?
  • What are you looking for in a consumer products company?
  • What do you think are the most important traits in a marketing person?
  • Describe your leadership style.
  • Provide an example of your problem solving approach.

Sales and Trading

  • What other firms have you talked to?
  • What makes you think you can sell?
  • Would you like to do sales or trading? Why?
  • Tell me what you think a trader (salesperson) does.
  • Why choose selling debt vs. selling equity?
  • Why didn’t you choose corporate finance?
  • What do you think having an MBA does for you in this field?
  • What particular markets or instruments are you interested in? Why?
  • Will your personality make you a good trader? Why?
  • How will you motivate yourself to make the calls you hate to make?
  • What are your grades? (Yes, they know about the Yale SOM grading process.)

Strategic Planning and Corporate Finance

  • What do you hope to gain by working for our firm?
  • Where do you see yourself five years from now?
  • How do you see your career progressing in our firm?
  • What do you know about our industry?
  • How would you describe our competitive position?
  • Our ____ division is thinking of introducing a (such and such) new product. How would you go about determining if this is a good idea? We are having trouble managing our ____ division. What do you think are the key performance metrics? How would you improve them?
  • How would you value our _____ for a potential sale, spin-off, or liquidation?
  • How does M&A activity in banking affect our industry?

Venture Capital

  • What is venture capital?
  • What strengths do you have for venture capital?
  • Tell me when you have worked with all management levels--from CEO to analyst.
  • Describe your analytical and interpersonal skills.
  • What operations exposure have you had?
  • What managerial exposure have you had?
  • What do you look for in a venture?
  • Do you think more effort should be put into human capital or raising funds and investing them?


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