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How to Face Interview Curve Balls

23 July 2007

Anonymous

Vicky Oliver found out the hard way. The author of 301 Smart Answers to Tough Interview Questions recalls interviewing for a position at Vogue early in her own career. When the hiring manager asked if she had any questions, Oliver replied, "Just one: When do I start?" That flippant reply cost her the job, she says.

Now, she advises candidates to ask at least three well-considered questions during each job interview - and come armed with 15. Asking pertinent questions demonstrates that you are interested enough in the job and the company to have done your homework. More than that, the right questions can help foster that all-important rapport with an interviewer.

To come up with questions that will make a good impression, Oliver recommends doing advance research on not just the company, but the individual you’ll be meeting. An awareness of your interviewer’s special professional interests and activities makes it easier to bond. For instance, if you discover your interviewer teaches finance or economics at a university or other institution, you can pose a question or two about that. Oliver says this type of research can pay dividends even if your interview is with an HR official rather than a hiring manager.

“If you bring a personal element to your job searches, I believe that you will do better, always," she says.

In a wide-ranging talk at the New York Society of Security Analysts, Oliver advised how to field troublesome interview questions and sidestep a long list of other pitfalls.

Most of the pitfalls she warned against were textbook no-brainers - hygiene issues, late arrival, off-color jokes. A few were less obvious: interrupting an interviewer who is speaking, neglecting to silence your cell phone before an interview, avoiding eye contact.

Here are three difficult interview questions:

The question you don’t know the answer to.

Rather than admit ignorance, Oliver recommends giving a fragmentary answer that you can later exploit as an opening when you contact your interviewer to follow up. Sometimes an interviewer will pose an especially difficult question to gain insight into a candidate’s thought process. If you don't rise to the challenge, you'll miss an opportunity.

Why did you leave your last job?

If you were laid off along with others, put that information in perspective by mentioning the percentage of people in your department that shared your fate.

If your boss pushed you out, emphasize positive aspects of the role, relationship or experience. Learning from one's losses is Job One in all competitive sports. So, turn lemons into lemonade by explaining what you learned from a job or relationship that went sour.

Sticking to an upbeat message when discussing a job loss also helps prevent a common, deadly faux pas - bad-mouthing a previous employer or supervisor. "If people think you are carrying positive energy from your past situations rather than negative energy, I think you will be better off," says Oliver.

Why don’t you have a CFA?

Oliver advised job-seekers in investment research and portfolio management who stopped after CFA Level I to stress their desire to resume CFA studies once they overcome obstacles, such as a current employer’s reluctance to provide extra time off for study.

Lack of a CFA charter topped her list of 10 "barriers" to entry for security analysts. She cited it ahead of other barriers such as lack of prior experience, and disappearing training programs.

Comments (18)

  • WHAT IS IT WITH THE ENDLESS PROMOTION OF CFA HERE???

    "Why don’t you have a CFA?" I'm sorry but are you kidding me??

    youguyshavetostopthis! 23 Jul 2007

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  • obviously you aren't a CFA charterholder...an employer would wisely choose an individual who has demonstrated committment to the profession by undertaking 3 rather difficult levels of examinations...there are a lot of great analysts out there without CFA charters...but for employers the odds of getting a better candidate increases when they hire a charterholder....get the picture???

    BV 25 Jul 2007

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  • The CFA has morphed into a wayward project for underemployed professors.  It is a cottage industry.  I want a guy with an MBA and experience.  All the CFA proves is that you can regurgitate to a professors liking.

    Milton 25 Jul 2007

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  • Is the CFA more sought after than an MBA or CTP designation. I am a foreign exchange professional with over 19 years of hedging FX risk. I have about 1/3 of my MBA done, but how I am leaning tword getting the CTP before I finish my MBA. Any thoughts?

    Troy Pembrook 25 Jul 2007

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  • The question of "Why don't you have a CFA" is a bit unrealistic. This question should not even be listed under "hard questions." Unless you are applying for a position that requires a CFA, and you don't have it, the question probably won't even be asked!

    Not a reality 25 Jul 2007

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  • Rather than admit ignorance, give a poor answer?  How about answering with a question to clarify what the interviewer is looking for?  If the question is really too hard to answer, maybe you're looking in the wrong place for a job - or should have better prepared for the interview beforehand.

    j desmond 25 Jul 2007

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  • Not sure your odds of getting a better candidate if they have a cfa  it may or may not be the case  but it is certainly safer so of things dont work out the hiring manager can say well he had a cfa 

    CFA is just one tool in the arsenal to compete for jobs.. having on emay not help you but not having once can hurt you hurt you...  kind of like an IVY MBA may mean nothing but it will get you in the door much faster at many an investment bank

    B 25 Jul 2007

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  • I think there is bit of overreaction here. Guys if you re-read the article, it adresses the questions to those folks who stopped after passing the first level of the CFA. It is specifically aimed at those folks who show/ have shown interest in the CFA curriculum. I don't understand why it creates so much animosity. And as B mentioned, a CFA remains a tool that reflects on your level of competency. I'm not a charterholder personally, but if it creates so much insecurity in the minds of those who don't have it, then they should think about getting it to be more competitive.

    Michel M 26 Jul 2007

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  • It's true that Vicky Oliver's response to "Why don't you have a CFA?" was phrased in terms of someone resuming CFA studies they had already started.  But, she did make clear at several points in her talk that she felt the lack of a charter would be a barrier for anyone in her audience (i.e., not just people who started the CFA program and didn't finish).  Still, it is important to note who her audience was at that particular talk:  the New York Society of Security Analysts, which is one of numerous local "member societies" of the CFA Institute.  At previous NYSSA meetings I witnessed a speaker ask how many in the audience were CFA holders and at least 75% of the people raised their hands.  So, Oliver was preaching to the converted.

    Jon Jacobs 26 Jul 2007

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  • look the CFA charterholders will tell you its the best thing ever, and will try to promote it anytime and anywhere they get a chance.
    that is especially the case if they feel that is their crown achievement in education, thats the case for many of them having only bba from unknown schools and equating the CFA to MBA, which makes me laugh very hard.

    scott 27 Jul 2007

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