Ethics Interview Question

I've always wondered what types of things Wall Street firms want to hear when they ask interview questions like:

"Please desribe an ethical dilemma you were once in and how you handled it."

"What would you do if you saw a classmate cheating?"

etc.

On one hand, I can totally see with all the banking regulations/SEC that they don't want a repeat of Enron and would want someone to report this stuff and stay on top of it. But on the other hand, I will assume that unethical practices are part of any business (even if they don't violate the SEC, e.g. affair in the office) and they don't want to have to worry about someone going around and gossiping.

Opinions?

6 Comments
boozerThis has GOT to be a joke. You never display anything but the highest levels of integrity in interviews. Even joking about being unethical is going to raise some eyebrows.
This is what I always assumed, but sadly I've heard otherwise from some so called "experts" that it's good to bend the truth about this in an interview and say you would let things slide even if you wouldn't.

Makes me happy that ethics are appreciated and us folks who abide by standards and rules, do not need to worry about being looked down upon.

 

It's not about the answer you give. Go through all the thought processes and what could eventuate from them. Make a point that you understand that you could let it slide and have considered it, but then thought better of it. Then, come to a good conclusion from the options you have considered and what you have learned (or how you could help others in the future).

Having a straight line answer sounds canned. Acknowledge the dilemma but make the hard call as it 'will be best in the long run'.

 

I would answer this question as I would answer - tell me a time when you face an ethical dilemma; of course you would choose an example where you did the right thing.

 

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