Finance Interview Questions & Answers | For Entry-Level Roles!

We discuss finance interview questions and answers for entry-level roles, like internships or analyst positions. Download my free interview pdf study guide as well.

Communities:

Related Financial Modeling Videos:
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

If you don't know me already, my name is Eric and I've worked in finance for the last eight years starting as an intern and now working in executive roles, so I've both interviewed candidates and been interviewed for finance roles many times.

In the resources section above, I've included some key videos that will help you prep for your finance interview, as well as a downloadable question-and-answer PDF that you can use to review as well.

I've also included links to some of my Excel courses. Having strong Excel skills is one of the most important things going into finance roles. DO NOT go into a finance interview without strong business Excel skills. Excel interview questions are very common, and you should expect them.

In this video, I'll help you prepare answers for finance interview questions for entry-level roles. These could include corporate finance or investment banking internships, or maybe MBA programs.

I include some of the most common interview questions as well as how I would answer them. Some of the questions are more general, with a few technical questions included as well.

DISCLAIMER: These are how I would answer these questions, but it doesn't mean that it is the best or the only way.

Here are the finance interview questions I answer in the video:

0:46 What is the goal of finance?
1:44 Can you describe a financial model, and walk through one you built.
3:12 Walk through the main sections of a P&L.
5:20 What are the three main financial statements, and what do they show?
6:21 How do you evaluate the financial health of a company?
7:31 What is cash vs. accrual accounting?
9:46 What's something interesting that has happened in the capital markets recently?
12:09 BONUS: finance interview questions to ask your employer as well!

Always make sure to ask your interviewer good questions. You are interviewing them just as much as they are interviewing you - and you want to make sure you feel good about the company before working there.

Final piece of advice - do some reflecting on your life / career.

The reason we prepare for interviews is not to know every question in advance, it's to think about why we want to do the role we're interviewing for, and what experiences in our lives led up to this moment.

Think about your story and how to tell it. Basic knowledge is important, but ultimately people who are reflective, self-aware, and interesting are always the most exciting candidates.

Hope this helps you crush your finance interview!

PS - don't forget to download my free finance interview questions and answers PDF study guide in the "resources" section above.

#financeinterviewquestions #internships #financialanalyst #corporatefinance #banking

[eric_andrews]

Questions? Let me know in the comments happy to discuss.

[duncanmahood]

I really like your point about asking the interviewer about their job or the company culture. I am always impressed as an interviewer when candidates ask me questions like this. It shows a lot of initiative!

[sabrinapizarro]

Hi Eric, it's really encouraging to listen to someone who has worked in finance for so many years give people advice. I don't have any experience in the interview process but this gave me a bit of confidence for when the time comes. I hope to be able to speak to finance professionals such as yourself one day. Thank you!

[estyanike]

Eric you are really good at what you do. All the points you mentioned about financial management were very clear such that anyone who does not understand finance Management would really get insights from it. Well done

[md]

Man!! to be honest 80% of all these questions were mentioned on the interview one month ago!. Thanks a lot, I will use them on tomorrow's interview.

[gregorycohen]

Wow, super helpful! Thanks for putting finance into such simple, digestible terms. Appreciate all of these high quality videos.

[ndChance]

I needed a Youtuber like you, you are doing well, thank you so much

[eugenedennisoncoker]

I like the is video it gives a real refresher & confirmations to a finance practitioner

[kevinkonga]

I just passed the interview on your channel thanks ☺️

[nathanolorcisimo]

I have an upcoming Interview for the Analyst position. This video and the Financial Model video really helped me. Thank you

[oduwo]

This was a fantastic video! Thank you for the interview prep help Eric

[Fruitcake]

This is great! Well put for beginners and incredibly easy to digest and understand. Props brother!

[MMNNLL]

Subscribed! Thank you for the helpful tips! Very clear and straightforward

[vanessaagik]

Wow I love how I’m understanding
It feels great being in a space where the talk is familiar to your ears 🤗🤗

First time coming by your page and it’s so helpful

[ajjajk]

I have an interview for debt management officer next week, please give me any tips or answers as to what the questions maybe.

[neil_sol]

so for the Tesla delivery example, using the accrual method the cost of the car would show up as revenue on the income statement, but would be zero on the cash flow statement until it has been delivered?

[RankaNikunj]

8:41
So Tesla is receiving money, so what entry they should be passing? Why cant they pass below entry?
Cash A/c Dr
Advance Income A/c Cr

But you said they won't be showing Cash in Balance Sheet, so where they'll show their Cash which they have generated in January? Why cant they show that Advance Cash as Prepayment/Advance Income in B/s by passing my above entry?

[nityabardhan]

Thanks Eric. This was really helpful and motivating!

[sporaasonganyi]

Amazing video.very easy to understand and retain. Well done

[naveennatukula]

Nice video about finance role. Really like your saying..