One interview question

Hey guys,

I noticed that this interview question comes up a lot: what's your five-year plan?

I did pretty bad with a question during a F500 interview so I wouldn't want to be screwed again during those ibd interviews, especially for the analyst position. I know that a lot of folks will jump to PE/HF after probably three years or get MBAs. I was even told not to put gmat score in case the banks think that you will leave after three years.

So my question is that should we be honest to tell them about that? Does this also hold true for banks in Asian and Europe?

Any thoughts will be appreciated.

3 Comments
 
Best Response

Considering most places sign you p for a 2 year program, I've always thought giving a legit answer (or at least semi legit) was a good idea because it shows you're not just dicking around and you actually have an idea where you want to see yourself. That being said, I've always tried not to see too certain since my interviewers were for 1st year analyst positions, so it would seem a little naive if I had my whole career mapped out. But I usually said I would either like an MBA to learn more about the fundamentals of business blah blah blah, or to stay with one company.

I've been been on the interviewer side of this so I don't know whether or not my answer is good, but I've never gotten bad feedback so it's probably at least a decent answer.

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ye I also got this one. I think it is a silly question - to ask a junior 5- or 10-year plan? Maybe I could be fired within 3 months due to the economy. While I keep BSing that I would work hard, learn more and take greater responsibilities, I also want to know what kind of answers are expected?

 

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