Top Questions Asked in Meristem Interview
JARUSHUB “WORKING IN” SERIES (J-WIS)
(J-WIS is a platform by JarusHub to enlighten prospective job seekers about companies in Nigeria with a view to aiding them in making informed career decisions. The information is drawn from basic research. While we did our best to ensure the information is accurate, we may not be able guarantee 100% accuracy in all cases.)
FEATURED COMPANY
MERISTEM SECURITIES NIGERIA
QUESTIONS:
1. Why Meristem Securities?
Tip: Like we have always said on JarusHub, this is the opportunity to effectively praise the firm and reel out the reasons why you prefer Meristem to other IBs – cogent and well-thought reasons. Not hackneyed statements; the recruiters have heard same all day. Make it unique and concise. Additionally, garnish your adulation and reasons for the bank with facts. This is another way of asking: Why should we hire you?
2. Why should a company prefer equity finance to debt finance?
Tip: If you come from a non-business related background, explaining the meaning of the terms involved is a plus as it goes to exhibit knowledge of topics in the industry, ditto your passion. However, it is not necessary from someone with a related background. You are asked “why should…?” not “what is the difference?” or “which should a company choose?”. Rehearse the question for circa 3 – 5 seconds before explaining as rushing to answer might have you answering what was not asked.
3. What do you have to say about the present administration’s economic policies?
Tip: An interesting question and can go against or for you depending on how you answer it. You are to be objective and precise. If you dislike the administration, your aversion should not cloud your answer which should be based on accurate economic data. Additionally, this question is to ascertain your knowledge of the economy and the politics behind it. If you are an individual that follows the news and economic indices. No better opportunity to exhibit that passion than this. Just do not go on blabbing without knowing when to stop. However, ensure that with your knowledge, you take control of the interview. As you do not know where the loyalty of your interviewers lie, avoid the temptation to insult government – present or past – rather, try to be diplomatic by highlighting what the government is doing right and areas you think they can do better.
4. What are your strengths and weaknesses?
Tip: Your strengths should align with the bank’s principles and the industry. Speak of a strength that can be harnessed and further developed while adding value to the firm and yourself. Are you a customer’s relations’ individual who goes all the way to please clients? This is the time to exhibit such a strength.
On the other hand, your weaknesses should not be ethical related. Rather, it should be something you can deal with and does not affect them organisation negatively even though it is not advised. For instance, “I prefer to work in solitude as I get a better attention to the work. However, in an environment that is team-work dependent, such is not a good way to work. As a result, I have been working on it, an example was when I partnered my colleagues to execute a project. Although I could have done it alone, but by collaborating with colleagues, we were faster as ideas were generated”. Here, you acknowledge your weakness – working alone – and is willing to solve the issue – while giving an instance. By answering this, you have avoided most follow-up questions.
5. Fixed Income, treasury bills or real estate. Which do you recommend to a client looking at diversifying his/her funds and why?
Tip: Your knowledge of the trio is important. Firstly, briefly explain what they mean and delve into why there are important avenues for investors desirous of multiplying their streams of income. Then ask for the details of the supposed client: That is, you want to work with the data involved. If no “supposed client”, you come up with your idea of a client. Through this way, you take control of the answer to this question.
6. Why investment banking? (Especially if your course is not finance related)
Tip: Here, the recruiters are desirous of knowing your passion for the firm and industry. You have to demonstrate passion and desire for the financial industry and especially investment banking. The interviewers want to see your desire for the industry and not just something to pass time with. Think about a time/project/person that made you decide that it is the financial industry (investment banking) you desire to have your career. Expect follow-up questions.
[polldaddy poll=9951321]
For detailed one-on-one coaching on Meristem Securities’ interview, check out our interview coaching service.
NOW YOUR OWN REVIEW
So, have you undergone Meristem Securities’ recruitment process? How was it? What is your impression?
Or have you worked in Meristem Securities before and want to tell us more about working in the firm? Let’s have your comments.
For more career discussions, join our forum, HOTPROFORUM
See also
Company Review of Meristem Securities
Meristem Securities’ Interview Tips
Subscribe free to JarusHub for more tips on careers and education
[subscribe2]
