MBA Career Services Interviewing Skills Tutorial This power point presentation will: • Give you an interview preparation plan • Describe the different interview formats: screening, assessment center, psychological profile • Describe the different interview types: behavioral, situational, technical, and case • Provide preparation tips and resources specific to each interview type and format • Discuss important CSC policies for missed interviews • Answer Frequently Asked Questions (this section will outline WHY and the rationalization for our recommendations) Preparing for your Interview • Research the company and the position • • • • Check the Hoovers and MarketLine databases through the Gast Library for company and industry profiles. Read the company’s most recent annual report, either on their website or through Mergent Online (a Gast Library database), for an idea of the company’s strategic direction. Know the company’s website inside out – this can give you a good idea of the company’s culture and values, and help you anticipate what questions they might ask in the interview. Look for a media or investors section of the website to see recent news releases. Check Vault.com and Wetfeet through the eRecruiting website. • Talk to alumni and former interns • • • • Look for Use Alumni Connection through eRecruiting to identify alumni that currently work at the company. If you would like to contact an alum whose information is not listed in the database, please contact CSC and they will attempt to reach the alum and get contact information released to you. Check for other students who interned at the company last summer. Check the Discussion Forums on the CSC’s group page on Angel for other students who have recently interviewed with the company. Interact with company representatives at corporate presentations, tailgates, golf outings, or other venues • Schedule mock interviews • • Schedule mock interview(s) with CSC staff, or informal mock interviews with teammates. Schedule a video taped mock interview with CSC staff. View your DVD with an eye for ‘soft skills’ and nonverbal communication. Make sure you don’t have any habits or mannerisms that would be distracting to an interviewer. • Prepare thoughtful questions • • At the end of the interview, many recruiters will ask if you have any questions for them. Have two or three thoughtful questions prepared. This could be anything from questions about career progression within the company, to actual job responsibilities, to something you’ve noticed about the company in your research. Open this link for examples of good interview questions.. Interview Types - Behavioral • Used to assess how you have behaved in the past • Interviewer assumes past behaviors will predict how you will behave in the future • Each question is testing a specific competency. Try to anticipate what those competencies might be, based on the job description or your company research, then determine what questions might test that competency. For example, “Give an example of an occasion when …” “Tell me about a situation where you had to deal with a very upset customer or coworker.” To test conflict resolution abilities “Describe the last time you were unsuccessful in getting someone to follow your lead.” Project management “How would you describe your managerial (or leadership, communication, etc.) style?” Leadership Open this link for a list of behavioral interview questions collected from a variety of companies. Preparation Tips - Behavioral • Look back at your successes - on and off of your resume. Think of specific incidents or situations where your behavior led to those successes. The listener will be assessing how a candidate will handle various situations for this job based on past behavior. • Think of times you’ve failed, what you’ve learned from those experiences and how you would behave differently if the situation happened again. • Come up with 10-12 stories that focus on different skills or competencies. • Use the STAR Technique to structure your answers: S = briefly explain the background of the Situation T = identify your Tasks in the situation (or, role) A = describe what Actions you took to resolve the situation and why R = describe the Results of your behavior Open this link for more STAR technique tips and examples. Example – Behavioral Question Question – “Tell me about a time you had difficulty with a team mate not contributing.” Step One – determine what behavior is being assessed. This is clearly about working in a team. Step Two – choose an example. When have you worked in a team? Notice, this isn’t about when you were the leader, so don’t be too narrow in the situation. If you haven’t formally been in a team, consider what a team is – a group of people working toward a common goal. In that case, your team could include customers, suppliers, etc. Step Three – organize your response using the STAR technique. In the Actions stage, say WHAT you did and WHY you did it. Make sure there are several action steps. Note that the Results stage indicates the result of the behavior identified in step one (i.e., your superior teamwork skills) as well as that of the problem in the Task stage. The next two slides go through a STAR technique answer to this question. Example – Behavioral Question Question – “Tell me about a time you had difficulty with a team mate not contributing.” S(ituation) – “I was on a team that was trying to determine the overseas market size for a product.” T(ask) – “My role was to analyze potential markets in Europe and study the applicable laws, as well as identify opportunities for entry. A teammate was doing the same analysis for Asia, but came to the meetings with nothing.” Example – Behavioral Question A(ctions) – “It’s my preference to address people alone when there are problems, but we were closing in on the deadline and there just wasn’t time. To make communication even more difficult, the teammate was located off-site, so we only saw her at the few meetings she actually attended. • “We started with the positive assumption that something was inhibiting her, rather than assuming she was lazy (what). We wanted to find out what was hindering her performance and offer her help where we could (why). In the end, though, we needed to motivate her to contribute and not absorb all her work ourselves. • “The rest of the team discussed our approach in advance (what) to make sure she didn’t feel threatened (why). • “We met with her, where I led the discussion (what) to reduce the feeling of being attacked (why). She was defensive at first, but as the conversation progressed she saw we wanted to help. • “We asked about her attendance first (what) because that seemed the least emotionally difficult issue (why). Our meetings were held in the evening, and her family obligations made that difficult. That was easy to address, we would meet earlier in they day. • “She did admit that the ambiguity of the task was a challenge for her. We offered to share with her our data sources and the spreadsheets we had created (what), that she could use to start her work (why). She was also concerned about keeping our respect as a professional. By helping her to be successful (what) she saw that we regarded her as an equal with the same expectations we had for ourselves (why). R(esult) – “She was able to attend more meetings, and soon began bringing in some data and analysis. She became more a part of the team. Her contributions allowed us to give a more global perspective on the product launch.” Interview Types - Situational • Used to assess how you would react to a situation. Similar in structure to behavioral interviews. • Interviewer sets up a hypothetical situation and asks how you would behave. • Structure your response with a modified STAR format (note that the employer will have already provided you with a situation). Identify your Task or responsibility, outline what Actions you would take, state what Results you would expect from those actions and why. • This technique may be used when the interviewer does not expect you to have already demonstrated a certain competence. If you have actually been in a similar situation, you could respond to the situation and then turn it into a behavioral question. “I was in a similar situation when …” Interview Types - Technical Area • Used to assess both your functional area knowledge AND your thought process. Functional interviews are most commonly seen in Finance or Marketing interviews, but could be used cross-functionally. These could also be called technical or mini-case questions. • Examples of Finance questions would be: • How would you value a company? • What happens to each of the three primary financial statements when you change gross margin (or capital expenditures, etc.)? • More examples can be found in the Career Paths in Finance handout. • Examples of Marketing questions would be: • How would you market and sell this pen? • Should (some product) do a line extension? • More examples can be found in the Career Paths in Marketing handout. • Examples of HR questions can be found in the Career Paths in HR handout. • Examples of Supply Chain questions can be found in the Career Paths in Supply Chain handout. Preparation Tips - Technical Area • Talk to your CSC functional area staff member for typical questions and specifics on how to prepare – especially if your concentration is Finance or Marketing. • In the interview: • Don’t panic!!! These questions don’t necessarily have right and wrong answers. • Take your time. Think about how to frame your answer. • Be consistent. Changing your mind midstream will sound confused. • Ask thoughtful questions. If the problem is not cut-and-dry, get the necessary clarification, then proceed. • No one is perfect. If you make a mistake, admit it and then correct it. • Use this as an opportunity to showcase your knowledge and go beyond the question. For example, if asked, “What is net present value (NPV)?” answer responding with a comparison to IRR to show your grasp of both concepts and the relationship between the two. Interview Types - Case Interviews • Used to assess analytical ability given a set of facts and a situation (the case). • Can be either oral or written and in some cases are conducted in group format. • Can seek to integrate a broad, strategic perspective; a functional, focused perspective; or simply your quantitative, problem solving skills. • Skills assessed in the case interview: • Leadership, analytical, presentation, energy, attention to detail, quantitative, flexibility, maturity, intelligence. • Sample case interview situation: • You are advising a credit card company that wants to market a prepaid phone card to its customers. Is this a good idea? • Your client is losing market share across all three categories of hair coloring (women’s, men’s, specialty) and are concerned about profitability. Analyze the situation and create an action plan. • How many square feet of pizza are eaten in the U.S. each month? (‘Brainteasers’ or ‘guesstimates’ are assessing your quantitative and estimation skills, as well as soft skills such as grace under pressure and the ability to think on your feet.) Sample taken from The Vault MBA Career Bible, 2007 Edition Preparation Tips – Case Interviews • Practice, practice, practice! • Schedule up to three case interviews with CSC staff. • Form or join a student practice team, where 5-6 students meet to deliver and critique case interviews. • See mini-books located in Career Services. • Know the basic frameworks of the four types of questions. • Example for Marketing: Utilize the techniques learned in classes: segmenting, targeting, positioning, etc. • Example for Finance: Utilize alternative capital structure considerations • More info can be found in the Career Paths in Consulting handout. • Other good resources are through Vault.com, WetFeet.com (“Ace Your Case! Consulting Interviews”) and “Case Interviews Interactive”—a 90 day license, available by request of MBA CSC. The Candy Questions There are certain questions that all recruiters will expect you to have prepared. If you don’t have a ready answer, that’s a good indication that you are not serious about the job/company, and it is highly unlikely that you will get the offer. All of the below are an opportunity to use your pitch. We recommend students have prepared a 30-60 second pitch and a 2-2½ minute pitch. • Tell me about yourself. Give your pitch, then briefly walk through your resume: quick descriptions of where you’ve been, your motivation for any major career changes, how and why you came to MSU, where you want to go from here, etc. • How did you hear about (company name)? • Why are you interested in (company name)? • Why are you attracted to this position? • Where do you see yourself in 5 years? Handling the Unexpected • Be flexible. There are too many possible interview questions and targeted characteristics to prepare for them all, be ready for a ‘curve ball’ question or two. • LISTEN closely to the question. If you don’t understand, or need to stall for time, ask the recruiter to repeat or rephrase the question. Note: don’t ask for repeats of every question, only use this once or twice in an interview. • Put yourself in the recruiter’s role. What characteristic(s) is this question trying to assess? If one of your stories matches with that characteristic, use it. • Think before you answer. Recruiters generally prefer a pause followed by a well-thought out answer to a rambling non-answer. • Keep responses reflective of professional work experience. Classroom may also be appropriate when examples from professional experiences are not available. CSC Policies – Missed Interviews • It is fully expected that all students will follow good business practice and responsibly keep every interview appointment scheduled. Late cancellations as well as missed interview appointments inconvenience employers and penalize your classmates. • To cancel an interview, contact Pam Jehner, MBA Career Services Center, Associate Director, either by phone (517/432-3681) or in person (211 Eppley Center), at least two full business days prior to your interview date. This will allow the CSC sufficient time to contact and receive responses from other students desiring an interview opportunity. • Students who cancel less than two days in advance or miss an interview appointment are considered “no-shows.” A “no-show” status is excused only under extenuating circumstances. To request to be excused, follow the instructions below: • Schedule an appointment with the appropriate functional CSC staff person to discuss the reasons for your missed interview. • Provide the CSC staff with documentation to support your reasons (i.e., medical excuse, car towing receipt, etc.) • Submit to the CSC staff a letter of apology addressed to the employer, along with a stamped envelope for mailing by the CSC after approval from the staff person. • An unexcused “no-show” will result in your access to on-campus interviews being limited to only those companies preselecting you. Frequently Asked Questions (FAQs) When can I ask about compensation? After you’ve got an offer. Until then, asking about compensation earns you no points, and can put you at a disadvantage in negotiations. I had an interview with a company, now what? Send out thank you notes (email is generally acceptable) to each person you interviewed with. If there were more than one interviewer, try to make them distinct – those notes may well all end up in the same file, so you don’t want it to look like a form letter. And remember, your thank you note is yet another opportunity for your pitch. I’ve been turned down for a second interview, is there anything I can do to change their mind? Unfortunately, you have to respect the recruiter’s decision. However, you can request feedback from the recruiter to help you develop for future opportunities. This can be a touchy subject, so ask your CSC advisor for help with specific wording before you send it out. Frequently Asked Questions (FAQs) I’ve been invited to interview with a company, but I’m not that interested. What should I do? Remember that every interview slot you take is potentially removing an opportunity for another candidate. If you would not accept an offer from the company, don’t interview. Talk to your CSC representative about the situation for the appropriate steps to take. I recently interviewed with a company, and I feel as though I was treated unfairly. Is there anybody to whom I can complain about this????? Talk to your CSC representative, as they might want to be aware of what happened for the relationship with the employer. Sometimes comments can be misconstrued, and you don’t want to jump to conclusions. However, recruiters are human, and they do make mistakes. In these occasions, the CSC can help you navigate this delicate situation. Frequently Asked Questions (FAQs) I know I flubbed an interview question. Is there any way to make up missed ground? You may be able to correct an error of omission or a misunderstanding through a strategically worded thank you note. Visit Vault.com's online career library for details. What should I bring to a job interview? Always bring several copies of your resume and business card, a couple of pens, a notepad in case you want to take notes and/or to write down the interviewer’s contact information. You might also want to bring a list of references and your transcripts, just in case. Keep it all organized in a professional leather portfolio. Help! I know I’m supposed to send Thank You notes, but I forgot to get the interviewer’s contact information. If you interviewed through the CSC, they often get a copy of the recruiter’s card, so start there. Otherwise, you can contact the office where the interview was conducted, or ask other students who interviewed before or after you. As a last resort, call the company’s main number and hope for an understanding receptionist. Frequently Asked Questions (FAQs) If you're running late for an interview, is it better to reschedule or do the interview late? Please, please, please try to be on time for your interviews. Plan on arriving 10-15 minutes before your scheduled interview time, especially if the interview is not in the CSC. However, if you are running late, call the CSC to let them know why you’re running late and when you expect to arrive. If your interview is off campus, try contacting the recruiter directly, then let the recruiter decide on the best course of action. Is it necessary to reconfirm an interview? Who is the person to confirm - the interviewer or interviewee? Confirming an interview is not necessary, but it is polite and can remove any confusion – especially for phone interviews across time zones. Confirmation can be done by either the interviewer or interviewee.