Can someone please help me with my management question:

You are about to get your degree....and yet, the journey is just starting. As you prepare for your next phase in your career, it is time to think about how to prepare for 'the interview'. Lack of preparation is not a viable plan. Let's start by asking:

1. What specific questions should you be prepared to answer?
2. What specific questions should you prepare to ask? (NOTE: Please be detailed. Explain why each is important to the employer).