If you are successful at this stage you will be invited to the assessment centre in London (only London if you apply for the BOI(uk) streams obviously).
Most difficult question
Experiences at the assessment centre
We were taken immediately into the group assessment - 43 minutes for the assessment + about 20 minutes for icebreakers and introductions etc.
This consisted of a brief from the head of the UK team (who is a complete gentleman!) and there was a candidate to panel ratio of 2:1 (2 candidates being watched by each panel member). The task (as laid out by a previously review here) was to present on company updates;
The company in question was going through updates and each member of the group was assigned a particular department to make recommendations about. We were given information booklets which must be read in 8 minutes, outlining the possible roads for each department to take in their investment. You needed solid reasoning to fight for a portion of the budget to invest in your cause and collaborate as a group to present your findings at the end. No technical knowledge required at all apart from the use of very basic calculator skills to make sure the budget isn't exhausted with all the recommendations. My group were a dream to work with and everyone got along extremely well. Such a nice change from other assessment centres where people are very friendly in the waiting room and become absolute beasts throwing you under the bus in the assessment. Don't be that person. Nobody will like you enough to give you a job if you act that way. Remember group assessments are generally to test your skills in teamwork not to test your individual skills against the rest of your team.
Secondly (with only a few minutes break for me - but some people ended up waiting around for up to 2 hours to be called ) we were taken to the competency based interviews.
These interviews last 45 minutes and are with 2 interviewers - (thank you to the other assessment centre reviewer on this platform for their review for this programme - it was very useful but it is inaccurate in saying that the interview lasts only 10 minutes and is 1-on-1... it is a lengthy interview against 2 people).
The first question was "Walk me through your CV" and followed by one competency based question for each of the 7 tested competencies which they will tell you about in your invitation email. These competency based questions come in the order of the way the core competencies are always listed to you; so very predictable. By the time you have finished all these competency questions your allocated interview time will be up so make sure you capitalise on the opportunity to make your CV come to life in the first question of "walk me through..." - you won't get another chance to talk about whatever you want. I felt very rushed as we ran over time and people kept popping their heads in to get us out o the room but they wont end your interview until you've finished the 7 competency questions so relax.
Lastly was the individual "fact-finding" case study which lasts strictly 25 minutes.
Again this was 1:2 (1 interviewee against 2 interviewers). You are briefly briefed before having 5 minutes to review a set of documents relating to a tech company signing an exclusive trade agreement with a multinational. Followed by this you have 5 minutes to ask the CEO of the other company whatever questions you might have when making your decision to form this contractual agreement or not (taking into consideration benefits, risks and opportunities of the agreement. Finally you will have 10 minutes to prepare a presentation and 5 minutes to present your recommendations to your own company's CEO as to whether or not you recommend forming the agreement.
I felt pretty confident leaving the interview but knowing now that there are only 3 spots and that 16 of us interviewed; it's hard to be hopeful. Everyone else there was quite impressive, came from very competitive universities and had intimidating work experience (HSBC, JP Morgan etc.)
- Group / Panel
- Senior Management
- Verbal reasoning
- Assessment centre
- Group exercise
- Background check
- Competency based questions