Question
Mark Stark was a finance major at Kean University that went on an interview for an entry level position. He shared the following story about
Mark Stark was a finance major at Kean University that went on an interview for an entry level position. He shared the following story about his experience in the interview: "I was excited and prepared for my interview. I thought they would ask me questions like: why are you interested in this position? Why do you like finance? However, never in my dreams did I imagine that one of the interviewers would ask me finance questions; real finance questions. After talking about general issues, her first interview question was why I like finance. I told her: Finance is what I like, I am majoring in Finance at Kean University, and I love it! Then I went to explain in detail why I love finance. After I finished my answer, she stared at me and asked: what are bonds and why would a company use them? I freaked out, but I was able to calm myself and answer the question, remembering the most I could from my finance courses. She smiled an asked: how do you value a bond? I felt more comfortable with this question and answered it right away, but it was her last question that threw me off: what are bond yields and what are the determinants of bond yields? At first, I was going to answer whatever I could remember about the determinant of bond yields. However, I decided to come clean: I took a deep breath and told her that I didn't know. Knowing that I screwed things up, I apologized. She smiled and said: do not worry about it. She continued the interview making non-finance questions. I don't know, but I believe my job interview did not go well."
Can you answer the interviewer's questions? What would you say if you were in Mark's situation?
P.S. Mark was hired for the position!
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