A bank is a monetary organization licensed by a government. The chief duty of a bank is to borrow and lend money. Banking is a process of transacting business with a bank.
Nowadays careers in the banking industry are available in abundance. You can apply for a position of a bank teller, cashier, accountant, financial controller, planner, CFO, investment consultant, financial analyst, provisionary officer and portfolio manager etc.
Given below are some common interview questions that come up again and again during banking nterviews.
1. Why do you want to make a career in banking?
It is an excellent question for you to shine. You could talk about the wide scope of development in this field. Just make a complete research of this field. Tell about the range of opportunities which you are expecting from this job.
2. What is your area of expertise?
Just mention your areas of proficiency. You can say that I have specialization in financial and strategic planning, profit and loss management, auditing and compliance, operating and working capital, budget management, mergers and acquisitions, cash flow management and business valuations.
3. What is your academic and professional qualification?
For answering this question just mention your general qualification including post graduation, graduation and high school along with the year of passing. Apart from this you also have to reveal your professional course. Just state the degree or certification course that you may have undertaken.
4. Why did you apply for this position?
One has to tell reasons as to why he fits into this position. Think of all the positive traits in your personality that makes you suitable for the job. You have to tell how your studies, skills, experience and personal qualities will contribute to the work of the organization.
5. What are your weak and strong points?
It is a nice question which gives you an excellent opportunity to put an optimistic turn on something negative. You have to mold your negatives into positives. Like in weakness you can say that I am too focused toward my work and I think I should take out time for myself. As far as strong points are concerned, they expect a simple answer from you. Just tell that you are hardworking, perfectionist and ambitious.
These are some of the frequently asked interview questions. Make sure you prepare these questions well before appearing in front of the interviewer. Do not forget to say ‘Thank You’ to the person or people who interviewed you.